Artificial Limbs Market: By Type By Technology, By Material, By End User and Geography

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Artificial Limbs Market Size, Share, Growth, Trends, and Global Industry Analysis: By Type (Lower Extremity, Upper Extremity, and Compression Therapy) By Technology (Body Powered or Cable Operated, Cosmetic Prosthetics, Myoelectric or Electrically powered, and Others), By Material (Titanium, Plastics, and Others), By End User (Hospitals, Orthopaedic Clinics, Ambulatory Surgical Centres, Rehabilitation Centres, and Prosthetic Clinics) and Region

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Artificial Limbs Market size was valued at US$ 2,328.7 million in 2023 and is poised to grow at a CAGR of 6.1% from 2024 to 2030. The global market provides a detailed overview that can be segmented by type, technology, material, and by end user. By type, the global artificial limbs market has been segmented into Lower Extremity, Upper Extremity, and Compression Therapy. The Lower Extremity segment is likely to be the largest and fastest-growing segment in terms of type in 2021 and is expected to maintain growth in the upcoming years. It is attributed to the increasing number of overweight people all over the globe, high incidences of arthritis & osteoarthritis, and the rising geriatric population.

Based on technology, the global artificial limbs market is segmented into Body Powered or Cable Operated, Cosmetic Prosthetics, Myoelectric or Electrically powered, and Others. Among these, the Myoelectric or Electrically powered segment is expected to have the fastest-growing market during the forecast period. It is due to the ease & flexibility for stress-free movements, the customizations available according to patient's needs, and the high adoption rate. Based on material, the global artificial limbs market is segmented into Titanium, Plastics, and Others. The on-premises segment accounts for the largest share. The titanium segment is the second-largest share during the forecast period according to precision business insights. Based on end users, the global artificial limbs market is segmented into Hospitals, Orthopaedic Clinics, Ambulatory Surgical Centres, Rehabilitation Centres, and Prosthetic Clinics. The Hospitals segment accounts for the largest share and is expected to maintain the trend in the forecasted years. The growing preference of patients towards hospitals and the availability of required instruments & technology will boost the growth of this segment across the globe.

Artificial Limbs Market Key Development:
  • In Sept 2022, ISRO is developing an artificial smart limb to aid amputees. In Oct 2022, Utah launched Bionic Leg, the most advanced AI-powered prosthetics in the world.

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Global Artificial Limbs Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

6.1%

Largest Market

Asia-Pacific

Fastest Growing Market

North America

Artificial Limbs Market Dynamics

Rising prevalence of obesity and diabetes, poor physical activity, and growing trend of consumption of alcohol and smoking, innovations osteology field, growing incidence of accidents and injuries related to sports, are the factors, which are propelling the growth of artificial limbs market. Increasing cost burden of the surgeries, lack of skilled professionals, lack of reimbursement policies are hampering the growth of the artificial limbs market.

Global Artificial Limbs Market Segmentation Analysis

Report Benchmarks

Details

Report Study Period

2024-2030

Market Size in 2023

US$ 2,328.7 million

Market CAGR

6.1%

By Type

  • Lower Extremity
  • Upper Extremity
  • Compression Therapy

By Technology

  • Body Powered or Cable Operated
  • Cosmetic Prosthetics
  • Myoelectric or Electrically powered
  • Others

By Material

  • Titanium
  • Plastics
  • Others

By End User

  • Hospitals
  • Orthopaedic Clinics
  • Ambulatory surgical Centres
  • Rehabilitation Centres
  • Prosthetic Clinics

Key Features of the Report

  • The report provides granular level information about the market size, regional market share, historic market (2019 to 2023) and forecast (2024 to 2030)
  • The report covers in-detail insights about the competitor's overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments, and startup's details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
  • The report analyses the impact of the socio-political environment through PESTLE Analysis and competition through Porter's Five Force Analysis in addition to recent technology advancements and innovations in the market

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Frequently Asked Questions

The Artificial Limbs Market size was valued at US$ 2,328.7 million in 2023

New technological developments are the key market trends in the global artificial limbs market. Global players are continuously launching new innovative products in this market segment.

Governments are taking initiatives to generate awareness regarding amputation and the use of prostatic limbs. Non-government organizations are also providing guidance and aid to patients with prosthetics which will create ample opportunities in the market.

Most advanced artificial limbs with integrated AI systems are the recent technology which will drive the global market at a significant rate.

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Author

Muni Kumar Meravath

Muni Kumar Meravath is a seasoned Healthcare Market Research Analyst with over 6 years of experience in the healthc.....

1. Executive Summary
2. Global Artificial Limbs Market Introduction 
2.1.Global Artificial Limbs Market  - Taxonomy
2.2.Global Artificial Limbs Market  - Definitions
2.2.1.Type
2.2.2.Technology
2.2.3.Material
2.2.4.End User
2.2.5.Region
3. Global Artificial Limbs Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Product Landscape
3.6. New Product Launches
3.7. Impact of COVID 19 on Market
4. Global Artificial Limbs Market Analysis, 2019 - 2023 and Forecast 2024 - 2030
4.1.  Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
4.2.  Year-Over-Year (Y-o-Y) Growth Analysis (%) 
4.3.  Market Opportunity Analysis 
5. Global Artificial Limbs Market  By Type, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
5.1. Lower Extremity
5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.1.3. Market Opportunity Analysis 
5.2. Upper Extremity
5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.2.3. Market Opportunity Analysis 
5.3. Compression Therapy
5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.3.3. Market Opportunity Analysis 
6. Global Artificial Limbs Market  By Technology, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
6.1. Body Powered or Cable Operated
6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.1.3. Market Opportunity Analysis 
6.2. Cosmetic Prosthetics
6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.2.3. Market Opportunity Analysis 
6.3. Myoelectric or Electrically powered
6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.3.3. Market Opportunity Analysis 
6.4. Others
6.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.4.3. Market Opportunity Analysis 
7. Global Artificial Limbs Market  By Material, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
7.1. Titanium
7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.1.3. Market Opportunity Analysis 
7.2. Plastics
7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.2.3. Market Opportunity Analysis 
7.3. Others
7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.3.3. Market Opportunity Analysis 
8. Global Artificial Limbs Market  By End User, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
8.1. Hospitals
8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.1.3. Market Opportunity Analysis 
8.2. Orthopaedic Clinics
8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.2.3. Market Opportunity Analysis 
8.3. Ambulatory surgical Centres
8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.3.3. Market Opportunity Analysis 
8.4. Rehabilitation Centres
8.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.4.3. Market Opportunity Analysis 
8.5. Prosthetic Clinics
8.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.5.3. Market Opportunity Analysis 
9. Global Artificial Limbs Market  By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
9.1. North America
9.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
9.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
9.1.3. Market Opportunity Analysis 
9.2. Europe
9.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
9.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
9.2.3. Market Opportunity Analysis 
9.3. Asia Pacific (APAC)
9.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
9.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
9.3.3. Market Opportunity Analysis 
9.4. Middle East and Africa (MEA)
9.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
9.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
9.4.3. Market Opportunity Analysis 
9.5. Latin America
9.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
9.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
9.5.3. Market Opportunity Analysis 
10. North America Artificial Limbs Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
10.1. Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.1.1.Lower Extremity
10.1.2.Upper Extremity
10.1.3.Compression Therapy
10.3.  Material Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.3.1.Titanium
10.3.2.Plastics
10.3.3.Others
10.4.  End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.4.1.Hospitals
10.4.2.Orthopaedic Clinics
10.4.3.Ambulatory surgical Centres
10.4.4.Rehabilitation Centres
10.4.5.Prosthetic Clinics
10.5.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.5.1.United States of America (USA)
10.5.2.Canada
11. Europe Artificial Limbs Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
11.1. Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.1.1.Lower Extremity
11.1.2.Upper Extremity
11.1.3.Compression Therapy
11.2.  Technology Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.2.1.Body Powered or Cable Operated
11.2.2.Cosmetic Prosthetics
11.2.3.Myoelectric or Electrically powered
11.2.4.Others
11.3.  Material Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.3.1.Titanium
11.3.2.Plastics
11.3.3.Others
11.4.  End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.4.1.Hospitals
11.4.2.Orthopaedic Clinics
11.4.3.Ambulatory surgical Centres
11.4.4.Rehabilitation Centres
11.4.5.Prosthetic Clinics
11.5.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.5.1.Germany
11.5.2.France
11.5.3.Italy
11.5.4.United Kingdom (UK)
11.5.5.Spain
11.5.6.Rest of EU
12. Asia Pacific (APAC) Artificial Limbs Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
12.1. Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.1.1.Lower Extremity
12.1.2.Upper Extremity
12.1.3.Compression Therapy
12.2.  Technology Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.2.1.Body Powered or Cable Operated
12.2.2.Cosmetic Prosthetics
12.2.3.Myoelectric or Electrically powered
12.2.4.Others
12.3.  Material Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.3.1.Titanium
12.3.2.Plastics
12.3.3.Others
12.4.  End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.4.1.Hospitals
12.4.2.Orthopaedic Clinics
12.4.3.Ambulatory surgical Centres
12.4.4.Rehabilitation Centres
12.4.5.Prosthetic Clinics
12.5.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.5.1.China
12.5.2.India
12.5.3.Australia and New Zealand (ANZ)
12.5.4.Japan
12.5.5.Rest of APAC
13. Middle East and Africa (MEA) Artificial Limbs Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
13.1. Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.1.1.Lower Extremity
13.1.2.Upper Extremity
13.1.3.Compression Therapy
13.2.  Technology Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.2.1.Body Powered or Cable Operated
13.2.2.Cosmetic Prosthetics
13.2.3.Myoelectric or Electrically powered
13.2.4.Others
13.3.  Material Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.3.1.Titanium
13.3.2.Plastics
13.3.3.Others
13.4.  End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.4.1.Hospitals
13.4.2.Orthopaedic Clinics
13.4.3.Ambulatory surgical Centres
13.4.4.Rehabilitation Centres
13.4.5.Prosthetic Clinics
13.5.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.5.1.GCC Countries
13.5.2.South Africa
13.5.3.Rest of MEA
14. Latin America Artificial Limbs Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
14.1. Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
14.1.1.Lower Extremity
14.1.2.Upper Extremity
14.1.3.Compression Therapy
14.2.  Technology Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
14.2.1.Body Powered or Cable Operated
14.2.2.Cosmetic Prosthetics
14.2.3.Myoelectric or Electrically powered
14.2.4.Others
14.3.  Material Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
14.3.1.Titanium
14.3.2.Plastics
14.3.3.Others
14.4.  End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
14.4.1.Hospitals
14.4.2.Orthopaedic Clinics
14.4.3.Ambulatory surgical Centres
14.4.4.Rehabilitation Centres
14.4.5.Prosthetic Clinics
14.5.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
14.5.1.Brazil
14.5.2.Mexico
14.5.3.Rest of LA
15. Competition Landscape
15.1.  Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) 
15.2.1.Blatchford Group
15.2.2.Coapt LLC
15.2.3.Fillauer LLC
15.2.4.Human Technology Inc.
15.2.5.Spinal Technology
15.2.6.Synergy Prosthetics
16. Research Methodology 
17. Appendix and Abbreviations 

Key Market Players

  • Blatchford Group
  • Coapt LLC
  • Fillauer LLC
  • Human Technology Inc.
  • Spinal Technology
  • Synergy Prosthetics
  • United Prosthetics Inc.
  • Willow Wood Global LLC

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