BIONIC PROSTHETICS MARKET ANALYSIS

Bionic Prosthetics Market, By Product Type (Lower Limb, Upper Limb, and Accessories and Adapters), By Technology (Passive, Body-Powered, Myoelectric Technology, Targeted Muscle Reinnervation (TMR), Osseointegration, and LUKE Arm), By End-User (Hospitals and Clinics, Rehabilitation Centers, Specialty Clinics, and Others), By Geography (North America, Europe, Asia Pacific, Latin America, Middle East)

Recent Developments

New product launches

In March 2023, Proteor SAS, a company that provides prosthesis, medical equipment, etc., announced the launch of Synsys bionic leg, a sensor-equipped microprocessor-controlled knee-ankle-foot prosthetic leg for above-the-knee amputees
In February 2022, Össur, a global provider of innovative mobility solutions, announced the launch of its new POWER KNEETM, the first actively powered microprocessor prosthetic knee, designed for individuals with limb differences or above-knee amputations.

Acquisition and partnerships

In July 2022, WillowWood Global LLC, a manufacturer of prosthetic products, acquired MAKstride Prosthetics, a U.S.-based company that develops, designs, and manufactures prosthetic devices and componentry.
In February 2023, Steeper Group, a specialist of Upper Limb Prosthetic Technology, was acquired by the global patient services provider Eqwal Group.