Timestechpharma

Upper Limb Prosthetics Market Surpass $1.9 Bn By 2026 | CAGR 10.5%

Press release   •   Dec 04, 2019 01:46 EST

The global ​Upper Limb Prosthetics Market size is estimated to grow at CAGR above 10.5% over the forecast time frame 2019-2026 and reach the market value around $1.9 billion by 2026.

The report is titled “Upper Limb Prosthetics Market - Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 – 2026” and it intends to offer a comprehensive overview of the market to its stakeholders.

To keep pace with the increasing demand, the leading organizations are investing in various research and development initiatives. This, coupled with government support, implementation of policies supporting expansion of pharmaceutical and healthcare industries, and accessibility to improved reimbursement policies are supporting the growth of this market.

The report offers a bird’s eye view of the Upper Limb Prosthetics Market, gauging its growth trajectory over the years. It presents insights into key factors boosting the markets, besides the ones restricting its growth. The report also highlights hidden opportunities for the market besides revealing the key restraints. It is therefore intended to help market players determine their growth strategies and make informed decisions pertaining to potential investments.

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The report includes information obtained from various sources from within the industry. Latest statistics from international organizations are considered while compiling this study. In addition to this, opinions from experts are taken to offer refined growth forecasts. Information compiled in the study is derived with primary and secondary research methods. Besides this, industry-leading analytical tools are used examine information received. The report uses price trend analysis, qualitative and quantitative analysis to evaluate prevalent market trends.

Scope of the Report:

The report first uses historic data from different companies. The data collected is used to analyses the growth of industries in the past years. It includes data from the year 2015 to the year 2019. The forecast data provides the reader with an understating of the future of the market. The same data is used to predict the expectation of the companies and how they are expected to evolve in the coming years. The research provides historical as well as estimated data from the year 2019 to 2026. The details in the report give a brief overview of the market by examining its historical data, the current data, and forecast data to understand the growth of the market.

Competitive Landscape

The competition witnessed in the market is soaring. With rising demand for innovation, players are experimenting with various strategies to gain competitive edge and strengthen their foothold in the market. Several companies operating in the industry are looking at expanding their footprint across emerging nations to capitalize on the prevailing opportunities there. The gap in demand and supply of healthcare facilities in underdeveloped countries has resulted in the presence of unmet demand in these countries. These companies are looking at capitalizing on this to emerge at the fore of the global market.

Growth strategies adopted by the companies operating in the market are examined in detail. This is done to study how these strategies influence on this market. Furthermore, the bargaining power of suppliers and buyers. Furthermore, it reveals threat from new entrants and available substitute products.

List of Companies

The report lists down some of the leading companies operating in this market. The market share of the global Upper Limb Prosthetics Market market is dominated by companies like Ossur, Fillauer LLC, Ottobock SE & Co. KGaA, CPOUSA, College Park Industries, TRS Inc., Howard Orthopedics Inc., Steeper Inc., WillowWood Global LLC, Endolite India Ltd., Coapt LLC among others.

The policies adopted by these companies are studied in detail. Furthermore, the report offers insights into their product portfolio, pricing strategies, strategic collaborations, mergers and acquisitions, among others.

SWOT Analysis is conducted on the companies listed to study their strengths and weaknesses. Furthermore, the analysis offered insights into opportunities and threats present in the market for these companies. A comparative analysis between these companies is intended to highlight the most successful strategies adopted by these companies. Doing so, the report offers recommendations for growth to companies operating in the market. It is thus conducted to help companies, irrespective of their size, access relevant information.

Regional Outlook

The report segments the global Upper Limb Prosthetics Market into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa in terms of region. According to studies, developed economies are likely to offer stability to the market. The higher rate of adoption of latest technologies and the presence of a sophisticated healthcare network will augment growth in the market in North America. In Europe as well the market will gain from favourable government policies.

In the last couple of years, the investment towards expanding healthcare infrastructure has greatly surged in emerging economies of Asia Pacific and Latin America. This, coupled with the rising awareness about various diseases and the treatment available for the same will support growth in emerging countries.

Key Segments

The report segments the market into various categories. The leading segments within each category are identified in the report. Furthermore, it calculates market share that these segments hold. Factors enabling growth in this segments are studied in detail. The report also reveals the factors that may restrain the market growth in these categories.

Market Segmentation

Market, by Component

  • Prosthetic Arm
  • Prosthetic Wrist
  • Prosthetic Shoulder
  • Prosthetic Elbow
  • Terminal Devices

Market, by Product

  • Body Powered Prosthetic Devices
  • Passive Prosthetic Devices
  • Hybrid Prosthetic Devices
  • Myoelectric Prosthetic Devices

Market, by Cause

  • Vascular Disease and Diabetes
  • Trauma
  • Cancer

Market, by End-Use

  • Ambulatory Surgical Centers
  • Hospitals
  • Prosthetic Clinics

Market Regional Analysis:

Based on the regions, the global Upper Limb Prosthetics Market is segmented into -North America (US and Canada), Europe (UK, Germany, France, Spain and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, South Korea and Rest of Asia-Pacific), Latin America (Mexico, Brazil and Rest of Latin America), Middle East & Africa (GCC, South Africa and Rest of MEA)

TABLE OF CONTENT

CHAPTER 1. INDUSTRY OVERVIEW
1.1. Definition and Scope
1.1.1. Definition of Upper Limb Prosthetics
1.1.2. Market Segmentation
1.1.3. List of Abbreviations
1.2. Summary
1.2.1. Market Snapshot
1.2.2. Upper Limb Prosthetics Market By Component
1.2.2.1. Global Upper Limb ProstheticsMarket Revenue and Growth Rate Comparison By Component (2015-2026)
1.2.2.2. Global Upper Limb ProstheticsMarket Revenue Share By Component in 2017
1.2.2.3. Prosthetic Arm
1.2.2.4. Prosthetic Wrist
1.2.2.5. Prosthetic Shoulder
1.2.2.6. Prosthetic Elbow
1.2.2.7. Terminal Devices
1.2.3. Upper Limb Prosthetics Market By Product
1.2.3.1. Global Upper Limb Prosthetics Market Revenue and Growth Rate Comparison By Product (2015-2026)
1.2.3.2. Global Upper Limb ProstheticsMarket Revenue Share By Product in 2017
1.2.3.3. Body Powered Prosthetic Devices
1.2.3.4. Passive Prosthetic Devices
1.2.3.5. Hybrid Prosthetic Devices
1.2.3.6. Myoelectric Prosthetic Devices
1.2.4. Upper Limb Prosthetics Market By Cause
1.2.4.1. Global Upper Limb Prosthetics Market Revenue and Growth Rate Comparison By Cause (2015-2026)
1.2.4.2. Global Upper Limb ProstheticsMarket Revenue Share By Cause in 2017
1.2.4.3. Vascular Disease and Diabetes
1.2.4.4. Trauma
1.2.4.5. Cancer
1.2.5. Upper Limb Prosthetics Market By End Use
1.2.5.1. Global Upper Limb Prosthetics Market Revenue and Growth Rate Comparison By End Use (2015-2026)
1.2.5.2. Global Upper Limb ProstheticsMarket Revenue Share By End Use in 2017
1.2.5.3. Ambulatory Surgical Centers
1.2.5.4. Hospitals
1.2.5.5. Prosthetic Clinics
1.2.6. Upper Limb Prosthetics Market by Geography
1.2.6.1. Global Upper Limb Prosthetics Market Revenue and Growth Rate Comparison by Geography (2015-2026)
1.2.6.2. North America Upper Limb Prosthetics Market Revenue and Growth Rate(2015-2026)
1.2.6.3. Europe Upper Limb Prosthetics Market Revenue and Growth Rate(2015-2026)
1.2.6.4. Asia-Pacific Upper Limb Prosthetics Market Revenue and Growth Rate(2015-2026)
1.2.6.5. Latin America Upper Limb Prosthetics Market Revenue and Growth Rate(2015-2026)
1.2.6.6. Middle East and Africa (MEA)Upper Limb Prosthetics Market Revenue and Growth Rate(2015-2026)

CHAPTER 2. MARKET DYNAMICS AND COMPETITION ANALYSIS
2.1. Market Drivers
2.2. Restraints and Challenges
2.3. Growth Opportunities
2.4. Porter’s Five Forces Analysis
2.4.1. Bargaining Power of Suppliers
2.4.2. Bargaining Power of Buyers
2.4.3. Threat of Substitute
2.4.4. Threat of New Entrants
2.4.5. Degree of Competition
2.5. Value Chain Analysis
2.6. Cost Structure Analysis
2.6.1. Raw Material and Suppliers
2.6.2. Manufacturing Process Analysis
2.7. Regulatory Compliance
2.8. Competitive Landscape, 2017
2.8.1. Player Positioning Analysis
2.8.2. Key Strategies Adopted By Leading Players

CHAPTER 3. MANUFACTURING PLANTS ANALYSIS
3.1. Capacity and Commercial Production Date of Global Upper Limb Prosthetics Major Manufacturers in 2017
3.2. Manufacturing Plants Distribution of Global Upper Limb Prosthetics Major Manufacturers in 2017
3.3. R&D Status and Technology Source of Global Upper Limb Prosthetics Major Manufacturers in 2017
3.4. Raw Materials Sources Analysis of Global Upper Limb Prosthetics Major Manufacturers in 2017

CHAPTER 4. Upper Limb Prosthetics Market By Component
4.1. Global Upper Limb ProstheticsRevenueBy Component
4.2. Prosthetic Arm
4.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.3. Prosthetic Wrist
4.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.4. Prosthetic Shoulder
4.4.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.4.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.5. Prosthetic Elbow
4.5.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.5.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.6. Terminal Devices
4.6.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.6.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)

CHAPTER 5. Upper Limb Prosthetics Market By Product
5.1. Global Upper Limb ProstheticsRevenueBy Product
5.2. Body Powered Prosthetic Devices
5.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.3. Passive Prosthetic Devices
5.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.4. Hybrid Prosthetic Devices
5.4.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.4.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.5. Myoelectric Prosthetic Devices
5.5.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.5.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)

CHAPTER 6. Upper Limb Prosthetics Market By Cause
6.1. Global Upper Limb ProstheticsRevenueBy Cause
6.2. Vascular Disease and Diabetes
6.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
6.3. Trauma
6.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
6.4. Cancer
6.4.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.4.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)

CHAPTER 7. Upper Limb Prosthetics Market By End Use
7.1. Global Upper Limb Prosthetics Revenue By End Use
7.2. Ambulatory Surgical Centers
7.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
7.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
7.3. Hospitals
7.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
7.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
7.4. Prosthetic Clinics
7.4.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
7.4.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)

CHAPTER 8. North America Upper Limb Prosthetics Market By Country
8.1. North America Upper Limb Prosthetics Market Revenue and Growth Rate, 2015 - 2026 ($Million)
8.2. North America Upper Limb Prosthetics Market Revenue Share Comparison, 2015 & 2026 (%)
8.3. U.S.
8.3.1. U.S. Upper Limb Prosthetics Market Revenue and Forecast By Component, 2015 - 2026 ($Million)
8.3.2. Market Revenue and Forecast By End-user, 2015 - 2026 ($Million)
8.4. Canada
8.4.1. Market Revenue and Forecast By Component, 2015 - 2026 ($Million)
8.4.2. Market Revenue and Forecast By End-user, 2015 - 2026 ($Million)
8.5. Mexico
8.5.1. Market Revenue and Forecast By Component, 2015 - 2026 ($Million)
8.5.2. Market Revenue and Forecast By End-user, 2015 - 2026 ($Million)

CHAPTER 9. EuropeUpper Limb Prosthetics Market By Country
9.1. Europe Upper Limb Prosthetics Market Revenue and Growth Rate, 2015 - 2026 ($Million)
9.2. Europe Upper Limb Prosthetics Market Revenue Share Comparison, 2015 & 2026 (%)
9.3. UK
9.3.1. Market Revenue and Forecast By Component, 2015 - 2026 ($Million)
9.3.2. Market Revenue and Forecast By End-user, 2015 - 2026 ($Million)
9.4. Germany
9.4.1. Market Revenue and Forecast By Component, 2015 - 2026 ($Million)
9.4.2. Market Revenue and Forecast By End-user, 2015 - 2026 ($Million)
9.5. France
9.5.1. Market Revenue and Forecast By Component, 2015 - 2026 ($Million)
9.5.2. Market Revenue and Forecast By End-user, 2015 - 2026 ($Million)
9.6. Spain
9.6.1. Market Revenue and Forecast By Component, 2015 - 2026 ($Million)
9.6.2. Market Revenue and Forecast By End-user, 2015 - 2026 ($Million)
9.7. Rest of Europe
9.7.1. Market Revenue and Forecast By Component, 2015 - 2026 ($Million)
9.7.2. Market Revenue and Forecast By End-user, 2015 - 2026 ($Million)

CHAPTER 10. Asia-PacificUpper Limb Prosthetics Market By Country
10.1. Asia-Pacific Upper Limb Prosthetics Market Revenue and Growth Rate, 2015 - 2026 ($Million)
10.2. Asia-Pacific Upper Limb Prosthetics Market Revenue Share Comparison, 2015 & 2026 (%)
10.3. China
10.3.1. Market Revenue and Forecast By Component, 2015 - 2026 ($Million)
10.3.2. Market Revenue and Forecast By End-user, 2015 - 2026 ($Million)
10.4. Japan
10.4.1. Market Revenue and Forecast By Component, 2015 - 2026 ($Million)
10.4.2. Market Revenue and Forecast By End-user, 2015 - 2026 ($Million)
10.5. India
10.5.1. Market Revenue and Forecast By Component, 2015 - 2026 ($Million)
10.5.2. Market Revenue and Forecast By End-user, 2015 - 2026 ($Million)
10.6. Australia
10.6.1. Market Revenue and Forecast By Component, 2015 - 2026 ($Million)
10.6.2. Market Revenue and Forecast By End-user, 2015 - 2026 ($Million)
10.7. South Korea
10.7.1. Market Revenue and Forecast By Component, 2015 - 2026 ($Million)
10.7.2. Market Revenue and Forecast By End-user, 2015 - 2026 ($Million)
10.8. Rest of Asia-Pacific
10.8.1. Market Revenue and Forecast By Component, 2015 - 2026 ($Million)
10.8.2. Market Revenue and Forecast By End-user, 2015 - 2026 ($Million)

CHAPTER 11. Latin AmericaUpper Limb Prosthetics Market By Country
11.1. Latin America Upper Limb Prosthetics Market Revenue and Growth Rate, 2015 - 2026 ($Million)
11.2. Latin America Upper Limb Prosthetics Market Revenue Share Comparison, 2015 & 2026 (%)
11.3. Brazil
11.3.1. Market Revenue and Forecast By Component, 2015 - 2026 ($Million)
11.3.2. Market Revenue and Forecast By End-user, 2015 - 2026 ($Million)
11.4. Argentina
11.4.1. Market Revenue and Forecast By Component, 2015 - 2026 ($Million)
11.4.2. Market Revenue and Forecast By End-user, 2015 - 2026 ($Million)
11.5. Rest of Latin America
11.5.1. Market Revenue and Forecast By Component, 2015 - 2026 ($Million)
11.5.2. Market Revenue and Forecast By End-user, 2015 - 2026 ($Million)

CHAPTER 12. Middle East Upper Limb Prosthetics Market By Country
12.1. Middle East Upper Limb Prosthetics Market Revenue and Growth Rate, 2015 - 2026 ($Million)
12.2. Middle East Upper Limb Prosthetics Market Revenue Share Comparison, 2015 & 2026 (%)
12.3. Saudi Arabia
12.3.1. Market Revenue and Forecast By Component, 2015 - 2026 ($Million)
12.3.2. Market Revenue and Forecast By End-user, 2015 - 2026 ($Million)
12.4. UAE
12.4.1. Market Revenue and Forecast By Component, 2015 - 2026 ($Million)
12.4.2. Market Revenue and Forecast By End-user, 2015 - 2026 ($Million)
12.5. Rest of Middle East
12.5.1. Market Revenue and Forecast By Component, 2015 - 2026 ($Million)
12.5.2. Market Revenue and Forecast By End-user, 2015 - 2026 ($Million)

CHAPTER 13. Africa Upper Limb Prosthetics Market By Country
13.1. Africa Upper Limb Prosthetics Market Revenue and Growth Rate, 2015 - 2026 ($Million)
13.2. Africa Upper Limb Prosthetics Market Revenue Share Comparison, 2015 & 2026 (%)
13.3. South Africa
13.3.1. Market Revenue and Forecast By Component, 2015 - 2026 ($Million)
13.3.2. Market Revenue and Forecast By End-user, 2015 - 2026 ($Million)
13.4. Egypt
13.4.1. Market Revenue and Forecast By Component, 2015 - 2026 ($Million)
13.4.2. Market Revenue and Forecast By End-user, 2015 - 2026 ($Million)
13.5. Rest of Africa
13.5.1. Market Revenue and Forecast By Component, 2015 - 2026 ($Million)
13.5.2. Market Revenue and Forecast By End-user, 2015 - 2026 ($Million)

CHAPTER 14. COMPANY PROFILE
14.1. Ossur
14.1.1. Company Snapshot
14.1.2. Overview
14.1.3. Financial Overview
14.1.4. Product Portfolio
14.1.5. Key Developments
14.1.6. Strategies
14.2. Fillauer LLC
14.2.1. Company Snapshot
14.2.2. Overview
14.2.3. Financial Overview
14.2.4. Product Portfolio
14.2.5. Key Developments
14.2.6. Strategies
14.3. Ottobock SE & Co. KGaA
14.3.1. Company Snapshot
14.3.2. Overview
14.3.3. Financial Overview
14.3.4. Product Portfolio
14.3.5. Key Developments
14.3.6. Strategies
14.4. CPOUSA
14.4.1. Company Snapshot
14.4.2. Overview
14.4.3. Financial Overview
14.4.4. Product Portfolio
14.4.5. Key Developments
14.4.6. Strategies
14.5. College Park Industries
14.5.1. Company Snapshot
14.5.2. Overview
14.5.3. Financial Overview
14.5.4. Product Portfolio
14.5.5. Key Developments
14.5.6. Strategies
14.6. TRS Inc.
14.6.1. Company Snapshot
14.6.2. Overview
14.6.3. Financial Overview
14.6.4. Product Portfolio
14.6.5. Key Developments
14.6.6. Strategies
14.7. Howard Orthopedics Inc.
14.7.1. Company Snapshot
14.7.2. Overview
14.7.3. Financial Overview
14.7.4. Product Portfolio
14.7.5. Key Developments
14.7.6. Strategies
14.8. Steeper Inc.
14.8.1. Company Snapshot
14.8.2. Overview
14.8.3. Financial Overview
14.8.4. Product Portfolio
14.8.5. Key Developments
14.8.6. Strategies
14.9. WillowWood Global LLC
14.9.1. Company Snapshot
14.9.2. Overview
14.9.3. Financial Overview
14.9.4. Product Portfolio
14.9.5. Key Developments
14.9.6. Strategies
14.10. Endolite India Ltd.
14.10.1. Company Snapshot
14.10.2. Overview
14.10.3. Financial Overview
14.10.4. Product Portfolio
14.10.5. Key Developments
14.10.6. Strategies
14.11. Coapt LLC
14.11.1. Company Snapshot
14.11.2. Overview
14.11.3. Financial Overview
14.11.4. Product Portfolio
14.11.5. Key Developments
14.11.6. Strategies
14.12. Others
14.12.1. Company Snapshot
14.12.2. Overview
14.12.3. Financial Overview
14.12.4. Product Portfolio
14.12.5. Key Developments
14.12.6. Strategies

CHAPTER 15. RESEARCH APPROACH
15.1. Research Methodology
15.1.1. Initial Data Search
15.1.2. Secondary Research
15.1.3. Primary Research
15.2. Assumptions and Scope

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