The global advanced prosthetics and exoskeletons market is projected to reach a market size of USD 5.43 Billion by 2028 at a robust double-digit CAGR over the forecast period, according to latest analysis by Emergen Research. Some key factors driving market growth are increasing initiatives to drive awareness about benefits and advantages of advanced prosthetics, government and NGO-funded programs and activities related to these solutions and deployment, as well as rising investments in the healthcare sector worldwide, among others.
Factors influencing the growth of the Advanced Prosthetics and Exoskeletons market and impacting the growth of the industry are studied extensively in the report. The report considers the COVID-19 pandemic as one of the key influencing factors of the Advanced Prosthetics and Exoskeletons market. The report discusses in detail the positive and negative impact of the pandemic on the Advanced Prosthetics and Exoskeletons industry. The supply chain disruptions and economic volatility have altered the dynamics of the Advanced Prosthetics and Exoskeletons industry. The report explores the effects of the pandemic on the market and its key segments and regions. It also offers a forecast estimation of the market growth in a post-COVID-19 scenario.
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Competitive Outlook: The leading companies operating in the Advanced Prosthetics and Exoskeletons market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.
Top Companies Operating in the Advanced Prosthetics and Exoskeletons Market and Profiled in the Report are:
Bionik Laboratories Corporation, ReWalk Robotics, AlterG Inc., Bauerfeind AG, Cyberdyne Inc., DJO Global Inc., DeRoyal Industries Inc., Blatchford Group, Ossur hf, Willow Wood Global LLC
Objectives of the Report:
Study of the global Advanced Prosthetics and Exoskeletons market size by key regions, types, and applications with reference to historical data (2017-2018) and forecast (2020-2027)
Industrial structure analysis of the Advanced Prosthetics and Exoskeletons market by identification of various sub-segments
Extensive analysis of key market players along with their SWOT analysis
Competitive landscape benchmarking
Analysis of Advanced Prosthetics and Exoskeletons market based on growth trends, futuristic outlook, and contribution to the total growth of the market
Analysis of drivers, constraints, opportunities, challenges, and risks in the global Advanced Prosthetics and Exoskeletons market
Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances
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Segments Covered in this report are:
-
Product Type Outlook (Revenue: USD Billion; Volume: Thousand Units; 2018–2028)
- Lower Limb
- Upper Limb
- Full Body
-
Application Outlook (Revenue: USD Billion; Volume: Thousand Units; 2018–2028)
- Hospitals
- Clinics
- Orthotic and Prosthetic Centers
- Others
-
Mobility Outlook (Revenue: USD Billion; Volume: Thousand Units; 2018–2028)
- Stationary
- Mobile
Regional Segmentation:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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About Emergen Research
Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
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