(PharmaNewsWire.Com, June 14, 2018 ) The demand for artificial limbs is increasing steadily in the US, due to the growing number of trauma cases and accidents, in addition to, the rising prevalence of diabetes and congenital diseases. Incidents such as accidents, trauma, or chronic diabetes, result in loss of upper or lower limbs. Publisher’s market study identifies the growing target population and focus on restoring mobility and independence of amputees to be one of the primary growth factors for the robotic prosthetics market in the US. Also, the number of amputation surgeries is increasing, owing to the growing geriatric population and the increasing prevalence of diabetes, cardiovascular diseases (CVD), and obesity. The growing target population and extensive focus on restoring the mobility and independence of amputees will drive the growth of the market. The market analysts estimate that the market will grow steadily at a CAGR of close to 6% by 2022.
Covered in this report The report covers the present scenario and the growth prospects of the robotic prosthetics market in the US. To calculate the market size, the report considers the revenue generated from the sales of lower and upper limb robotic prosthetics.
Publisher's report, Robotic Prosthetics Market in the US 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors - Blatchford - Fillauer - Össur - Ottobock - Steeper Group - The Ohio Willow Wood
Market driver - Increasing demand for customized prosthetics - For a full, detailed list, view our report
Market challenge - High cost of prosthetic - For a full, detailed list, view our report
Market trend - Increasing number of technological advances and R&D activities - For a full, detailed list, view our report
Key questions answered in this report - What will the market size be in 2022 and what will the growth rate be? - What are the key market trends? - What is driving this market? - What are the challenges to market growth? - Who are the key vendors in this market space? - What are the market opportunities and threats faced by the key vendors? - What are the strengths and weaknesses of the key vendors?
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