Germany Robotic Prosthetics Market Size & Outlook
Germany robotic prosthetics market, 2016-2030 (US$M)
Related Markets
Germany robotic prosthetics market highlights
- The Germany robotic prosthetics market generated a revenue of USD 111.2 million in 2023 and is expected to reach USD 186.4 million by 2030.
- The Germany market is expected to grow at a CAGR of 7.7% 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.
Robotic prosthetics market data book summary
| Market revenue in 2023 | USD 111.2 million |
| Market revenue in 2030 | USD 186.4 million |
| Growth rate | 7.7% (CAGR from 2023 to 2030) |
| Largest segment | Mpc prosthetics |
| Fastest growing segment | Myoelectrical Prosthetics |
| Historical data | 2016 - 2022 |
| Base year | 2023 |
| Forecast period | 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, Germany accounted for 7.2% of the global robotic prosthetics market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany robotic prosthetics market is projected to lead the regional market in terms of revenue in 2030.
- France is the fastest growing regional market in Europe and is projected to reach USD 60.8 million by 2030.
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Robotic Prosthetics Market Scope
Robotic Prosthetics Market Companies
| Name | Profile | # Employees | HQ | Website |
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Germany 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 56.92% in 2023. Horizon Databook has segmented the Germany robotic prosthetics market based on mpc prosthetics, myoelectrical prosthetics covering the revenue growth of each sub-segment from 2016 to 2030.
Germany medical technology market consists of 95% of small and medium-sized companies or subgroups of larger companies. Germany produces medical equipment of high quality, putting extra emphasis on diagnostic imaging, optical technologies, dental products, and surgical instruments.
Germany is the third-largest market in the world and the largest market in Europe. Germany held the dominant share of 27.02% of the Europe medical device outsourcing market in 2023. The substantial share can be attributed to the rise in the need to curb healthcare expenditure in this region.
Furthermore, a shorter product development cycle, improved organizational effectiveness, and greater access to higher technology are some other benefits provided by outsourced consulting services, which is promoting the demand for outsourcing in the country. Owing to the growing demand for medical device outsourcing in the country, CDMOs are expanding their presence in Germany.
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Our clientele includes a mix of robotic prosthetics market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Germany robotic prosthetics market , including forecasts for subscribers. This country databook contains high-level insights into Germany robotic prosthetics market from 2016 to 2030, including revenue numbers, major trends, and company profiles.
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Germany robotic prosthetics market size, by extremities, 2016-2030 (US$M)
Germany Robotic Prosthetics Market Outlook Share, 2023 & 2030 (US$M)
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