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Robotic Prosthetics Market Size
- Report ID: GMI5430
- Published Date: Feb 2023
- Report Format: PDF
Robotic Prosthetics Market Size
Robotic Prosthetics Market size was worth more than USD 1 billion in 2022 and is anticipated to record over 10.5% CAGR from 2023-2032. Increasing prevalence of diabetes will accelerate industry growth.
Increasing number of limb amputation procedures performed worldwide is expected to drive the demand for robotic prosthetics. The growing need for limb amputation can be attributed to the rising prevalence of diabetes in developed and developing countries, driven by unhealthy dietary habits, and sedentary lifestyles. As per the National Diabetes Foot Care Audit (NDFA), nearly 60,000 diabetic patients in England suffer from diabetic foot ulceration (DFU). Diabetes-related health complications, such as poor blood circulation and nerve damage are one of the leading causes of ulcers and peripheral artery disease, necessitating advanced limb amputation procedures and implants, subsequently helping the industry growth.
| Report Attribute | Details |
|---|---|
| Base Year: | 2022 |
| Robotic Prosthetics Market Size in 2022: | USD 1 Billion |
| Forecast Period: | 2023 to 2032 |
| Forecast Period 2023 to 2032 CAGR: | 10.5% |
| 2032 Value Projection: | USD 2.8 Billion |
| Historical Data for: | 2018 to 2022 |
| No. of Pages: | 210 |
| Tables, Charts & Figures: | 573 |
| Segments covered: | Technology, Extremity, End-use, and Region |
| Growth Drivers: | |
| Pitfalls & Challenges: |
Frequently Asked Questions (FAQ) :
Robotic Prosthetics Market Scope
