Report overview
The global Upper Prosthese market size was valued at US$ 789.4 million in 2024 and is projected to reach US$ 1.23 billion by 2030, at a CAGR of 7.7% during the forecast period 2024-2030.
The United States Upper Prosthese market size was valued at US$ 289.4 million in 2024 and is projected to reach US$ 434.5 million by 2030, at a CAGR of 7.0% during the forecast period 2024-2030.
Upper Prostheses are artificial devices designed to replace missing upper limbs and restore functionality.
The global market is experiencing robust growth, driven by technological advancements. In 2023, total unit sales reached 125,000, with specialized prosthetic centers accounting for 55% of demand. The military segment is growing at 8.5% annually. The market saw a 30% increase in demand for myoelectric prostheses in 2023. Mechanical prostheses dominate with a 60% market share, while bionic prostheses are growing at 12% annually. North America leads with a 48% market share, while Europe is the fastest-growing region at 8.2% CAGR. The industry is focusing on developing advanced neural interfaces, with a 35% growth in R&D investments.
Report Overview
Upper Prostheses are intended to restore the normal functions of the missing body part like hands and arms.
This report provides a deep insight into the global Upper Prosthese market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.
The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Upper Prosthese Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.
In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Upper Prosthese market in any manner.
Global Upper Prosthese Market: Market Segmentation Analysis
The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.
Key Company
RSLSteeper
Ottobock
College Park
Fillauer
BrainRobotics
Touch Bionics
DEKA Research
exiii
Naked Prosthetics
PROTUNIX
Aesthetic Prosthetics
Market Segmentation (by Type)
Hand Prostheses
External Elbow Prostheses
Market Segmentation (by Application)
Adult
Pediatric
Geographic Segmentation
