Europe Robotic Prosthetics Market Size & Outlook
Europe robotic prosthetics market, 2016-2030 (US$M)
Related Markets
Europe robotic prosthetics market highlights
- The Europe robotic prosthetics market generated a revenue of USD 457.1 million in 2023.
- The market is expected to grow at a CAGR of 8.5% from 2024 to 2030.
- In terms of segment, mpc prosthetics was the largest revenue generating extremities in 2023.
- Myoelectrical Prosthetics is the most lucrative extremities segment registering the fastest growth during the forecast period.
- Country-wise, France is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 457.1 million |
| Market revenue in 2030 | USD 810.5 million |
| Growth rate | 8.5% (CAGR from 2023 to 2030) |
| Largest segment | Mpc prosthetics |
| Fastest growing segment | Myoelectrical Prosthetics |
| Historical data covered | 2016 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | MPC Prosthetics, Myoelectrical Prosthetics |
| Key market players worldwide | Ottobock, Touch Bionics, HDT Global, Ossur, Endolite India, Shadow Robot |
Other key industry trends
- In terms of revenue, Europe region accounted for 29.4% of the global robotic prosthetics market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 574.8 million by 2030.
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Robotic Prosthetics Market Scope
Robotic Prosthetics Market Companies
| Name | Profile | # Employees | HQ | Website |
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Europe robotic prosthetics market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to robotic prosthetics market will help companies and investors design strategic landscapes.
Mpc prosthetics was the largest segment with a revenue share of 56.88% in 2023. Horizon Databook has segmented the Europe robotic prosthetics market based on mpc prosthetics, myoelectrical prosthetics covering the revenue growth of each sub-segment from 2016 to 2030.
Europe is one of the most advanced regions globally with advanced technologies and infrastructure, resulting in better healthcare facilities and patient care. Players seeking entry into the Europe market require extensive knowledge regarding different regulatory procedures and services in various member states of the European Union.
Small and midsized medical device companies without a regulatory affairs department usually hire a regulatory consultant or a legal representative to assist them through the various stages of the regulatory approval processes required for commercializing their products in Europe.
Medical device manufacturers in the EU are anticipated to face major changes in the old regulatory framework, which would affect market access or entry.
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Our clientele includes a mix of robotic prosthetics market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe robotic prosthetics market , including forecasts for subscribers. This continent databook contains high-level insights into Europe robotic prosthetics market from 2016 to 2030, including revenue numbers, major trends, and company profiles.
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Europe robotic prosthetics market size, by country, 2016-2030 (US$M)
Europe Robotic Prosthetics Market Outlook Share, 2023 & 2030 (US$M)
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