Upper Limb Prosthetics Market, By Device Type (Body Powered, Passive, Hybrid, and Myoelectric), By Component (Prosthetic Elbow, Prosthetic Wrist, Prosthetic Arm, Prosthetic Shoulder, and Others), By End-User (Hospitals, Prosthetic Clinics, and Others), and By Geography (North America, Europe, Asia-Pacific, Middle East and Africa, and South America) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028

Published In : Oct 2022

Code : CMI5273

Pages :172

Formats :

Excel and PDF

Industry : Medical Devices

Regional Analysis

Global Upper Limb Prosthetics Market: Regional Insights

Based on geography, the global upper limb prosthetics market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.

North America: U.S. and Canada
Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
Middle East: GCC Countries, Israel, and Rest of Middle East
Africa: South Africa, North Africa, and Central Africa

Among regions, North America is expected to gain highest share in the market over the forecast period owing to the rise in number of amputations and increasing number of serious injuries in the region. For instance, a prosthesis is an artificial device that substitutes for a missing part of the body. Upper limb prosthesis serves as a substitute for a partially or entirely missing part of the hand due to an injury, accident, trauma, or illness. According to the Amputee Coalition of America, around 185,000 amputations occur in the United States each year and a staggering 3.6 million people will be living with limb loss by 2050.

Asia Pacific is also expected to witness significant growth in the global upper limb prosthetics market due to the rise in number of road accidents & injuries and rise in number of amputations in this region. India is a vast country with a large number of individuals in the community with various disabilities. According to estimates, India has over half a million amputees, with tens of thousands added to the amputee population every year. This in turn is expected to increase demand for upper limb prosthetics in this region.