Robotic Prosthetic Market Size, Share, Growth and Trends, Forecast 2024-2031

The Global Robotic Prosthetic Market is expected to reach at a CAGR of 8.9 % during the forecast period (2024-2031).

Robotic prosthesis control involves managing a prosthesis to achieve a biologically accurate gait for individuals with limb loss. This area of control emphasizes the interaction between humans and robotic systems, aiming to restore natural movement through advanced robotic prostheses.

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Market Dynamics:

The increasing technological advancements are expected to drive the market growth

Recent technological and surgical advancements are significantly influencing prosthetic design and improving the lives of users. Despite centuries of progress, achieving a prosthetic device that closely mimics the functionality of a biological limb remains a work in progress. Innovations such as myoelectric sensors, osseointegration, augmented reality, and targeted muscle reinnervation (TMR) are promising paths toward developing multifunctional, self-identifiable, durable, and intuitive powered prosthetics.

Powered prostheses have been evolving since World War II, with early electronic models emerging towards the end of the conflict. Traditional body-powered prostheses use cables or harnesses to capture motion from proximal joints to control the device. In contrast, myoelectric prostheses convert electromyographic (EMG) signals from activated muscles or muscle groups into specific preprogrammed functions. Basic myoelectric devices rely on antagonistic muscle groups: one muscle or group signals actions like "hand open," while its antagonist signals "hand close." These devices typically offer sequential one-dimensional functions, with users switching modes (often through muscle co-contractions) to initiate different actions.

The focus of emerging technologies is on creating prosthetics that are multifunctional, self-identifiable, long-lasting, and intuitive, thereby enhancing the user experience and functionality.

Segment Covered in the Robotic Prosthetic Market:

By Product: Prosthetic Arms, Prosthetic Feet/Ankles, Prosthetic Hands, Others.

By Technology: Myoelectric Prosthetics, MPC Prosthetics, Other.

By End User: Hospitals, Clinics, Other.

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Key players involved in Robotic Prosthetic Market:

• HDT GLOBAL
• Ottobock
• EndoliteSynTouch Inc.
• Touch Bionics, Inc
• Shadow Robot Company
• Össur Americas
• ReWalk Robotics
• Ekso Bionics
• Mobius Bionics
• Open Bionics

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Product Portfolio:

HDT Global

HDT Global is a leading company in the development and production of highly engineered integrated expeditionary products and solutions. Serving military, government, industrial, and commercial customers, the company has been a key player in the field since its founding in 1937.

Regional Analysis:

The global Robotic Prosthetic Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. The report offers detailed insight into new product launches, new technology evolutions, innovative services, and ongoing R&D. The report discusses a qualitative and quantitative market analysis, including PEST analysis, SWOT analysis, and Porter's five force analysis. The Robotic Prosthetic Market report also provides fundamental details such as raw material sources, distribution networks, methodologies, production capacities, industry supply chain, and product specifications.

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