The Europe Motorized Prosthesis Market would witness market growth of 10.5% CAGR during the forecast period (2022-2028).
The motorized prosthesis uses muscle innervation and brain-computer interface technologies to restore the biological function of lost body parts. A complex network of motor and cognitive modalities makes up a motorized prosthesis. These tools assist autonomous nervous system operations, including bladder control tools.
For this kind of prosthesis, user must decide if control wires, a harness, or both are necessary. The fitting and design processes must consider these factors. In addition, the socket's design must be suitable for transmitting and capturing the body motions required to operate the prosthesis. Often, body-powered devices are simpler to put on. Using prosthetic socks (or another liner) between the socket and the residual limb is optional for users. This will provide more comfort.
Since motorized prosthesis provide more modern and functional choices than conventional prosthetics, they are becoming increasingly popular among persons with impairments and amputations. Advanced functions like power walking, standing, and sitting may be provided by prosthetic devices, which batteries or motors can drive. This makes it possible for those who are disabled or have had limbs amputated to be more independent, active, and involved in things they may otherwise not be able to do.
The European Regional Development Fund program and cohesion strategy 2021–2027 both include the healthcare/life sciences (HCT) sector as a top priority for the EU and Germany. Germany has a robust healthcare system, particularly in hospital beds, infrastructure, and skilled personnel. Germany is the top exporter and importer of medical technology and equipment inside the EU. This country's government and healthcare authorities are quite supportive of adopting new technology. This is expected to encourage the market for motorized prosthesis to expand in Europe.
The Germany market dominated the Europe Motorized Prosthesis Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $6,549.7 Thousands by 2028. The UK market is anticipated to grow at a CAGR of 9.6% during (2022 - 2028). Additionally, The France market would exhibit a CAGR of 11.3% during (2022 - 2028).
Based on End User, the market is segmented into Hospitals, Prosthetic Clinics, Rehabilitation Centers and Others. Based on Type, the market is segmented into Passive, Active and Hybrid. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Motorized Prosthesis Market will Hit $98.2 Million by 2028, at a CAGR of 10.7%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Ossur Hf, Ottobock SE & Co. KGaA, Hanger, Inc. (Patient Square Capital), Advanced Arm Dynamics, Inc., Bionic Prosthetics & Orthotics Group LLC, Integrum AB, Dr. Fritz Faulhaber GmbH & Co. KG, and Sensars Neuroprosthetics.
Scope of the Study
Market Segments Covered in the Report:
By End User
- Hospitals
- Prosthetic Clinics
- Rehabilitation Centres
- Others
By Type
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Ossur Hf
- Ottobock SE & Co. KGaA
- Hanger, Inc. (Patient Square Capital)
- Advanced Arm Dynamics, Inc.
- Bionic Prosthetics & Orthotics Group LLC
- Integrum AB
- Dr. Fritz Faulhaber GmbH & Co. KG
- Sensars Neuroprosthetics
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Motorized Prosthesis Market, by End User
1.4.2 Europe Motorized Prosthesis Market, by Type
1.4.3 Europe Motorized Prosthesis Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Europe Motorized Prosthesis Market by End User
3.1 Europe Hospitals Market by Country
3.2 Europe Prosthetic Clinics Market by Country
3.3 Europe Rehabilitation Centers Market by Country
3.4 Europe Others Market by Country
Chapter 4. Europe Motorized Prosthesis Market by Type
4.1 Europe Passive Market by Country
4.2 Europe Active Market by Country
4.3 Europe Hybrid Market by Country
Chapter 5. Europe Motorized Prosthesis Market by Country
5.1 Germany Motorized Prosthesis Market
5.1.1 Germany Motorized Prosthesis Market by End User
5.1.2 Germany Motorized Prosthesis Market by Type
5.2 UK Motorized Prosthesis Market
5.2.1 UK Motorized Prosthesis Market by End User
5.2.2 UK Motorized Prosthesis Market by Type
5.3 France Motorized Prosthesis Market
5.3.1 France Motorized Prosthesis Market by End User
5.3.2 France Motorized Prosthesis Market by Type
5.4 Russia Motorized Prosthesis Market
5.4.1 Russia Motorized Prosthesis Market by End User
5.4.2 Russia Motorized Prosthesis Market by Type
5.5 Spain Motorized Prosthesis Market
5.5.1 Spain Motorized Prosthesis Market by End User
5.5.2 Spain Motorized Prosthesis Market by Type
5.6 Italy Motorized Prosthesis Market
5.6.1 Italy Motorized Prosthesis Market by End User
5.6.2 Italy Motorized Prosthesis Market by Type
5.7 Rest of Europe Motorized Prosthesis Market
5.7.1 Rest of Europe Motorized Prosthesis Market by End User
5.7.2 Rest of Europe Motorized Prosthesis Market by Type
Chapter 6. Company Profiles
6.1 Integrum AB
6.1.1 Company Overview
6.1.2 Financial Analysis
6.1.3 Regional Analysis
6.1.4 Recent strategies and developments:
6.1.4.1 Partnerships, Collaborations, and Agreements:
6.1.4.2 Trials and Approvals:
6.2 Hanger, Inc. (Patient Square Capital, L.P.)
6.2.1 Company Overview
6.2.2 Financial Analysis
6.2.3 Segmental Analysis
6.2.4 Recent strategies and developments:
6.2.4.1 Product Launches and Product Expansions:
6.3 Ossur Hf.
6.3.1 Company Overview
6.3.2 Financial Analysis
6.3.3 Segmental and Regional Analysis
6.3.4 Research & Development Expense
6.3.5 Recent strategies and developments:
6.3.5.1 Acquisition and Mergers:
6.4 Ottobock SE & Co. KGaA
6.4.1 Company Overview
6.4.2 Recent strategies and developments:
6.4.2.1 Acquisition and Mergers:
6.5 Advanced Arm Dynamics, Inc.
6.5.1 Company Overview
6.6 Bionic Prosthetics & Orthotics Group LLC
6.6.1 Company Overview
6.7 SensArs Neuroprosthetics Sàrl
6.7.1 Company Overview
6.8 Dr. Fritz Faulhaber GmbH & Co. KG
6.8.1 Company Overview
TABLE 1 Europe Motorized Prosthesis Market, 2018 - 2021, USD Thousands
TABLE 2 Europe Motorized Prosthesis Market, 2022 - 2028, USD Thousands
TABLE 3 Europe Motorized Prosthesis Market by End User, 2018 - 2021, USD Thousands
TABLE 4 Europe Motorized Prosthesis Market by End User, 2022 - 2028, USD Thousands
TABLE 5 Europe Hospitals Market by Country, 2018 - 2021, USD Thousands
TABLE 6 Europe Hospitals Market by Country, 2022 - 2028, USD Thousands
TABLE 7 Europe Prosthetic Clinics Market by Country, 2018 - 2021, USD Thousands
TABLE 8 Europe Prosthetic Clinics Market by Country, 2022 - 2028, USD Thousands
TABLE 9 Europe Rehabilitation Centers Market by Country, 2018 - 2021, USD Thousands
TABLE 10 Europe Rehabilitation Centers Market by Country, 2022 - 2028, USD Thousands
TABLE 11 Europe Others Market by Country, 2018 - 2021, USD Thousands
TABLE 12 Europe Others Market by Country, 2022 - 2028, USD Thousands
TABLE 13 Europe Motorized Prosthesis Market by Type, 2018 - 2021, USD Thousands
TABLE 14 Europe Motorized Prosthesis Market by Type, 2022 - 2028, USD Thousands
TABLE 15 Europe Passive Market by Country, 2018 - 2021, USD Thousands
TABLE 16 Europe Passive Market by Country, 2022 - 2028, USD Thousands
TABLE 17 Europe Active Market by Country, 2018 - 2021, USD Thousands
TABLE 18 Europe Active Market by Country, 2022 - 2028, USD Thousands
TABLE 19 Europe Hybrid Market by Country, 2018 - 2021, USD Thousands
TABLE 20 Europe Hybrid Market by Country, 2022 - 2028, USD Thousands
TABLE 21 Europe Motorized Prosthesis Market by Country, 2018 - 2021, USD Thousands
TABLE 22 Europe Motorized Prosthesis Market by Country, 2022 - 2028, USD Thousands
TABLE 23 Germany Motorized Prosthesis Market, 2018 - 2021, USD Thousands
TABLE 24 Germany Motorized Prosthesis Market, 2022 - 2028, USD Thousands
TABLE 25 Germany Motorized Prosthesis Market by End User, 2018 - 2021, USD Thousands
TABLE 26 Germany Motorized Prosthesis Market by End User, 2022 - 2028, USD Thousands
TABLE 27 Germany Motorized Prosthesis Market by Type, 2018 - 2021, USD Thousands
TABLE 28 Germany Motorized Prosthesis Market by Type, 2022 - 2028, USD Thousands
TABLE 29 UK Motorized Prosthesis Market, 2018 - 2021, USD Thousands
TABLE 30 UK Motorized Prosthesis Market, 2022 - 2028, USD Thousands
TABLE 31 UK Motorized Prosthesis Market by End User, 2018 - 2021, USD Thousands
TABLE 32 UK Motorized Prosthesis Market by End User, 2022 - 2028, USD Thousands
TABLE 33 UK Motorized Prosthesis Market by Type, 2018 - 2021, USD Thousands
TABLE 34 UK Motorized Prosthesis Market by Type, 2022 - 2028, USD Thousands
TABLE 35 France Motorized Prosthesis Market, 2018 - 2021, USD Thousands
TABLE 36 France Motorized Prosthesis Market, 2022 - 2028, USD Thousands
TABLE 37 France Motorized Prosthesis Market by End User, 2018 - 2021, USD Thousands
TABLE 38 France Motorized Prosthesis Market by End User, 2022 - 2028, USD Thousands
TABLE 39 France Motorized Prosthesis Market by Type, 2018 - 2021, USD Thousands
TABLE 40 France Motorized Prosthesis Market by Type, 2022 - 2028, USD Thousands
TABLE 41 Russia Motorized Prosthesis Market, 2018 - 2021, USD Thousands
TABLE 42 Russia Motorized Prosthesis Market, 2022 - 2028, USD Thousands
TABLE 43 Russia Motorized Prosthesis Market by End User, 2018 - 2021, USD Thousands
TABLE 44 Russia Motorized Prosthesis Market by End User, 2022 - 2028, USD Thousands
TABLE 45 Russia Motorized Prosthesis Market by Type, 2018 - 2021, USD Thousands
TABLE 46 Russia Motorized Prosthesis Market by Type, 2022 - 2028, USD Thousands
TABLE 47 Spain Motorized Prosthesis Market, 2018 - 2021, USD Thousands
TABLE 48 Spain Motorized Prosthesis Market, 2022 - 2028, USD Thousands
TABLE 49 Spain Motorized Prosthesis Market by End User, 2018 - 2021, USD Thousands
TABLE 50 Spain Motorized Prosthesis Market by End User, 2022 - 2028, USD Thousands
TABLE 51 Spain Motorized Prosthesis Market by Type, 2018 - 2021, USD Thousands
TABLE 52 Spain Motorized Prosthesis Market by Type, 2022 - 2028, USD Thousands
TABLE 53 Italy Motorized Prosthesis Market, 2018 - 2021, USD Thousands
TABLE 54 Italy Motorized Prosthesis Market, 2022 - 2028, USD Thousands
TABLE 55 Italy Motorized Prosthesis Market by End User, 2018 - 2021, USD Thousands
TABLE 56 Italy Motorized Prosthesis Market by End User, 2022 - 2028, USD Thousands
TABLE 57 Italy Motorized Prosthesis Market by Type, 2018 - 2021, USD Thousands
TABLE 58 Italy Motorized Prosthesis Market by Type, 2022 - 2028, USD Thousands
TABLE 59 Rest of Europe Motorized Prosthesis Market, 2018 - 2021, USD Thousands
TABLE 60 Rest of Europe Motorized Prosthesis Market, 2022 - 2028, USD Thousands
TABLE 61 Rest of Europe Motorized Prosthesis Market by End User, 2018 - 2021, USD Thousands
TABLE 62 Rest of Europe Motorized Prosthesis Market by End User, 2022 - 2028, USD Thousands
TABLE 63 Rest of Europe Motorized Prosthesis Market by Type, 2018 - 2021, USD Thousands
TABLE 64 Rest of Europe Motorized Prosthesis Market by Type, 2022 - 2028, USD Thousands
TABLE 65 Key Information – Integrum AB
TABLE 66 Key Information – Hanger, Inc.
TABLE 67 Key Information –Ossur Hf.
TABLE 68 Key Information – Ottobock SE & Co. KGaA
TABLE 69 Key Information – Advanced Arm Dynamics, Inc.
TABLE 70 Key Information – Bionic Prosthetics & Orthotics Group LLC
TABLE 71 Key Information – SensArs Neuroprosthetics Sàrl
TABLE 72 Key Information – Dr. Fritz Faulhaber GmbH & Co. KG
List of Figures
FIG 1 Methodology for the research
FIG 2 Recent strategies and developments: Integrum AB