The Global Advanced Prosthetics and Exoskeletons Market report assesses the historical and current data along with a thorough analysis of the market dynamics. The report also sheds light on the significant market growth driving and restraining factors that are anticipated to influence the market growth through the forecast period. The report focuses on potential growth opportunities and limitations the prominent players of the industry might face during the entirety of the forecast timeline.
Some key factors driving market growth are increasing initiatives to drive awareness about benefits and advantages of advanced prosthetics, government and NGO-funded programs and activities related to these solutions and deployment, as well as rising investments in the healthcare sector worldwide, among others. Advanced prostheses are designed to appear as life-like as possible, and rapidly evolving and advancing technologies in this field are further driving adoption of these solutions in the healthcare industry. Advanced prosthetics are available in different designs, but most have similar parts and components. Some parts are sockets, suspension mechanism, shafts, foot, hand or hook, and others designed for cosmetic enhancement purposes.
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An exoskeleton is an external frame worn to support the body and assists a wearer in overcoming mobility limitations causative of injury or amputation, or to enhance biological capacities. Robotic exoskeletons have emerged as a rehabilitation tool that can improve mobility-related challenges resulting from spinal cord injury. Different types of exoskeletons are currently commercially available for SCI rehabilitation for a varying type of injuries and handicaps. The global advanced prosthetics and exoskeletons market is highly fragmented, with major, medium, and new entrants accounting for significant market share.
The report further studies the key companies operating in the industry and their company profiles, product portfolio, expansion strategies, and strategic alliances such as mergers and acquisitions, collaborations, and joint ventures, among others. It also offers insights into their market reach and global position, along with highlights about their achievements and financial standings.
Key companies operating in the Advanced Prosthetics and Exoskeletons market include:
Bionik Laboratories Corporation, ReWalk Robotics, AlterG Inc., Bauerfeind AG, Cyberdyne Inc., DJO Global Inc., DeRoyal Industries Inc., Blatchford Group, Ossur hf, and Willow Wood Global LLC. among others.
For this report, Emergen Research has segmented the global advanced prosthetics and exoskeletons market based on product type, application, mobility, and region:
Product Type Outlook (Revenue: USD Billion; Volume: Thousand Units; 2018–2028)
- Lower Limb
- Upper Limb
- Full Body
Application Outlook (Revenue: USD Billion; Volume: Thousand Units; 2018–2028)
- Hospitals
- Clinics
- Orthotic and Prosthetic Centers
- Others
Mobility Outlook (Revenue: USD Billion; Volume: Thousand Units; 2018–2028)
- Stationary
- Mobile
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Regional Analysis:
The report further examines the market in the key regions of the world with regard to production and consumption patterns, import/export, supply and demand ratio, revenue generation, market share and size, and presence of prominent players in the regions. The report also covers the expansion plans undertaken by companies in the regions under the regional analysis section.
Key regions in the market include:
- North America
- S.
- Canada
- Europe
- K.
- Italy
- Germany
- France
- Rest of EU
- Asia Pacific
- India
- Japan
- China
- South Korea
- Australia
- Rest of APAC
- Latin America
- Chile
- Brazil
- Argentina
- Rest of Latin America
- Middle East Africa
- Saudi Arabia
- A.E.
- South Africa
- Rest of MEA
Key Questions Addressed in the Report:
- Who are the leading players in the Advanced Prosthetics and Exoskeletons industry?
- Which region is expected to dominate the market in the coming years?
- What are the key applications of Advanced Prosthetics and Exoskeletons?
- Which segment is expected to garner traction during the coming years?
- What are the key strategies adopted by leading players in the market?
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