The Latin America, Middle East and Africa Motorized Prosthesis Market would witness market growth of 13.1% CAGR during the forecast period (2022-2028).
The motorized prosthesis is a relatively new technology that has been embraced by a sizable portion of the affected patient population. The motorized prosthesis is based on the integration with the nervous system and conducts the functioning of the substituted body part by a controller that upholds the compatibility between the patient's neural and muscular systems. The actuators of a motorized prosthesis are controlled by commands from the user, and the device's biosensors provide feedback.
As compared to motorized leg prosthesis, motorized hand prosthesis are more often used. The development of motorized prosthesis depends heavily on information technology. There are other programs that have been run, including open-source robotic prosthesis, in which players collaborate to enhance technology while also cutting down the price of the devices by leveraging 3D printing for custom production.
The UAE boasts a robust healthcare infrastructure as one of the Middle East's most economically advanced and diverse marketplaces. The UAE's healthcare industry has grown to accommodate its population's changing requirements and its aspiration to establish itself as a regional center for medical tourism. In addition, the UAE has increased its commitment to investing in healthcare as a result of the COVID-19 pandemic. Consequently, the area has broadly adopted modern technology to provide superior healthcare facilities. As a result, the regional market for motorized prosthetics will grow in the following years.
The Brazil market dominated the LAMEA Motorized Prosthesis Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $1,490.2 Thousands by 2028. The Argentina market is experiencing a CAGR of 13.7% during (2022 - 2028). Additionally, The UAE market would display a CAGR of 12.8% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Worldwide Motorized Prosthesis Market is Projected to reach USD 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
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
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 LAMEA Motorized Prosthesis Market, by End User
1.4.2 LAMEA Motorized Prosthesis Market, by Type
1.4.3 LAMEA 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. LAMEA Motorized Prosthesis Market by End User
3.1 LAMEA Hospitals Market by Country
3.2 LAMEA Prosthetic Clinics Market by Country
3.3 LAMEA Rehabilitation Centers Market by Country
3.4 LAMEA Others Market by Country
Chapter 4. LAMEA Motorized Prosthesis Market by Type
4.1 LAMEA Passive Market by Country
4.2 LAMEA Active Market by Country
4.3 LAMEA Hybrid Market by Country
Chapter 5. LAMEA Motorized Prosthesis Market by Country
5.1 Brazil Motorized Prosthesis Market
5.1.1 Brazil Motorized Prosthesis Market by End User
5.1.2 Brazil Motorized Prosthesis Market by Type
5.2 Argentina Motorized Prosthesis Market
5.2.1 Argentina Motorized Prosthesis Market by End User
5.2.2 Argentina Motorized Prosthesis Market by Type
5.3 UAE Motorized Prosthesis Market
5.3.1 UAE Motorized Prosthesis Market by End User
5.3.2 UAE Motorized Prosthesis Market by Type
5.4 Saudi Arabia Motorized Prosthesis Market
5.4.1 Saudi Arabia Motorized Prosthesis Market by End User
5.4.2 Saudi Arabia Motorized Prosthesis Market by Type
5.5 South Africa Motorized Prosthesis Market
5.5.1 South Africa Motorized Prosthesis Market by End User
5.5.2 South Africa Motorized Prosthesis Market by Type
5.6 Nigeria Motorized Prosthesis Market
5.6.1 Nigeria Motorized Prosthesis Market by End User
5.6.2 Nigeria Motorized Prosthesis Market by Type
5.7 Rest of LAMEA Motorized Prosthesis Market
5.7.1 Rest of LAMEA Motorized Prosthesis Market by End User
5.7.2 Rest of LAMEA 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 LAMEA Motorized Prosthesis Market, 2018 - 2021, USD Thousands
TABLE 2 LAMEA Motorized Prosthesis Market, 2022 - 2028, USD Thousands
TABLE 3 LAMEA Motorized Prosthesis Market by End User, 2018 - 2021, USD Thousands
TABLE 4 LAMEA Motorized Prosthesis Market by End User, 2022 - 2028, USD Thousands
TABLE 5 LAMEA Hospitals Market by Country, 2018 - 2021, USD Thousands
TABLE 6 LAMEA Hospitals Market by Country, 2022 - 2028, USD Thousands
TABLE 7 LAMEA Prosthetic Clinics Market by Country, 2018 - 2021, USD Thousands
TABLE 8 LAMEA Prosthetic Clinics Market by Country, 2022 - 2028, USD Thousands
TABLE 9 LAMEA Rehabilitation Centers Market by Country, 2018 - 2021, USD Thousands
TABLE 10 LAMEA Rehabilitation Centers Market by Country, 2022 - 2028, USD Thousands
TABLE 11 LAMEA Others Market by Country, 2018 - 2021, USD Thousands
TABLE 12 LAMEA Others Market by Country, 2022 - 2028, USD Thousands
TABLE 13 LAMEA Motorized Prosthesis Market by Type, 2018 - 2021, USD Thousands
TABLE 14 LAMEA Motorized Prosthesis Market by Type, 2022 - 2028, USD Thousands
TABLE 15 LAMEA Passive Market by Country, 2018 - 2021, USD Thousands
TABLE 16 LAMEA Passive Market by Country, 2022 - 2028, USD Thousands
TABLE 17 LAMEA Active Market by Country, 2018 - 2021, USD Thousands
TABLE 18 LAMEA Active Market by Country, 2022 - 2028, USD Thousands
TABLE 19 LAMEA Hybrid Market by Country, 2018 - 2021, USD Thousands
TABLE 20 LAMEA Hybrid Market by Country, 2022 - 2028, USD Thousands
TABLE 21 LAMEA Motorized Prosthesis Market by Country, 2018 - 2021, USD Thousands
TABLE 22 LAMEA Motorized Prosthesis Market by Country, 2022 - 2028, USD Thousands
TABLE 23 Brazil Motorized Prosthesis Market, 2018 - 2021, USD Thousands
TABLE 24 Brazil Motorized Prosthesis Market, 2022 - 2028, USD Thousands
TABLE 25 Brazil Motorized Prosthesis Market by End User, 2018 - 2021, USD Thousands
TABLE 26 Brazil Motorized Prosthesis Market by End User, 2022 - 2028, USD Thousands
TABLE 27 Brazil Motorized Prosthesis Market by Type, 2018 - 2021, USD Thousands
TABLE 28 Brazil Motorized Prosthesis Market by Type, 2022 - 2028, USD Thousands
TABLE 29 Argentina Motorized Prosthesis Market, 2018 - 2021, USD Thousands
TABLE 30 Argentina Motorized Prosthesis Market, 2022 - 2028, USD Thousands
TABLE 31 Argentina Motorized Prosthesis Market by End User, 2018 - 2021, USD Thousands
TABLE 32 Argentina Motorized Prosthesis Market by End User, 2022 - 2028, USD Thousands
TABLE 33 Argentina Motorized Prosthesis Market by Type, 2018 - 2021, USD Thousands
TABLE 34 Argentina Motorized Prosthesis Market by Type, 2022 - 2028, USD Thousands
TABLE 35 UAE Motorized Prosthesis Market, 2018 - 2021, USD Thousands
TABLE 36 UAE Motorized Prosthesis Market, 2022 - 2028, USD Thousands
TABLE 37 UAE Motorized Prosthesis Market by End User, 2018 - 2021, USD Thousands
TABLE 38 UAE Motorized Prosthesis Market by End User, 2022 - 2028, USD Thousands
TABLE 39 UAE Motorized Prosthesis Market by Type, 2018 - 2021, USD Thousands
TABLE 40 UAE Motorized Prosthesis Market by Type, 2022 - 2028, USD Thousands
TABLE 41 Saudi Arabia Motorized Prosthesis Market, 2018 - 2021, USD Thousands
TABLE 42 Saudi Arabia Motorized Prosthesis Market, 2022 - 2028, USD Thousands
TABLE 43 Saudi Arabia Motorized Prosthesis Market by End User, 2018 - 2021, USD Thousands
TABLE 44 Saudi Arabia Motorized Prosthesis Market by End User, 2022 - 2028, USD Thousands
TABLE 45 Saudi Arabia Motorized Prosthesis Market by Type, 2018 - 2021, USD Thousands
TABLE 46 Saudi Arabia Motorized Prosthesis Market by Type, 2022 - 2028, USD Thousands
TABLE 47 South Africa Motorized Prosthesis Market, 2018 - 2021, USD Thousands
TABLE 48 South Africa Motorized Prosthesis Market, 2022 - 2028, USD Thousands
TABLE 49 South Africa Motorized Prosthesis Market by End User, 2018 - 2021, USD Thousands
TABLE 50 South Africa Motorized Prosthesis Market by End User, 2022 - 2028, USD Thousands
TABLE 51 South Africa Motorized Prosthesis Market by Type, 2018 - 2021, USD Thousands
TABLE 52 South Africa Motorized Prosthesis Market by Type, 2022 - 2028, USD Thousands
TABLE 53 Nigeria Motorized Prosthesis Market, 2018 - 2021, USD Thousands
TABLE 54 Nigeria Motorized Prosthesis Market, 2022 - 2028, USD Thousands
TABLE 55 Nigeria Motorized Prosthesis Market by End User, 2018 - 2021, USD Thousands
TABLE 56 Nigeria Motorized Prosthesis Market by End User, 2022 - 2028, USD Thousands
TABLE 57 Nigeria Motorized Prosthesis Market by Type, 2018 - 2021, USD Thousands
TABLE 58 Nigeria Motorized Prosthesis Market by Type, 2022 - 2028, USD Thousands
TABLE 59 Rest of LAMEA Motorized Prosthesis Market, 2018 - 2021, USD Thousands
TABLE 60 Rest of LAMEA Motorized Prosthesis Market, 2022 - 2028, USD Thousands
TABLE 61 Rest of LAMEA Motorized Prosthesis Market by End User, 2018 - 2021, USD Thousands
TABLE 62 Rest of LAMEA Motorized Prosthesis Market by End User, 2022 - 2028, USD Thousands
TABLE 63 Rest of LAMEA Motorized Prosthesis Market by Type, 2018 - 2021, USD Thousands
TABLE 64 Rest of LAMEA 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