INTELLIGENT PROSTHETIC MARKET ANALYSIS

Regional Analysis

Global Intelligent Prosthetic Market- Regional Analysis

On the basis of region, the global intelligent prosthetic market is segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. The North America intelligent prosthetic market is expected to witness significant growth due to technological advancements such as artificial intelligence. Moreover, various research institutes are focusing on development of intelligent prosthetics. In 2019, the University of Utah, U.S., built a prototype of leg prosthetics that accepts commands according to its user, provides balance while walking and increases power while walking, as reported by the users.

Moreover, the Europe intelligent prosthetic market is expected to witness significant growth due to the increasing focus of various research institutes on research and development activities. Artificial intelligence in the market has become a field of strategic importance and key driver in economic development. For instance, in 2019, Chalmers University of Technology successfully implanted the first intelligent hand prosthetic with the ability to feel and sense things.