Japan Robotic Prosthetics Market Size & Outlook, 2023-2030
Japan robotic prosthetics market, 2016-2030 (US$M)
Related Markets
Japan robotic prosthetics market highlights
- The Japan robotic prosthetics market generated a revenue of USD 40.5 million in 2023 and is expected to reach USD 78.9 million by 2030.
- The Japan market is expected to grow at a CAGR of 10% 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 40.5 million |
| Market revenue in 2030 | USD 78.9 million |
| Growth rate | 10% (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, Japan accounted for 2.6% 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 Asia Pacific, China robotic prosthetics market is projected to lead the regional market in terms of revenue in 2030.
- Thailand is the fastest growing regional market in Asia Pacific and is projected to reach USD 5.6 million by 2030.
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Robotic Prosthetics Market Scope
Robotic Prosthetics Market Companies
| Name | Profile | # Employees | HQ | Website |
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Japan 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 56.05% in 2023. Horizon Databook has segmented the Japan robotic prosthetics market based on mpc prosthetics, myoelectrical prosthetics covering the revenue growth of each sub-segment from 2016 to 2030.
Some of the key factors contributing to the growth of medical device outsourcing market in Japan are technological advancements and considerable healthcare expenditure. Moreover, the Japanese government is actively investing in the improvement of healthcare services in the country.
The region is expected to dominate the Asia Pacific medical device outsourcing market during the forecast period, owing to a rise in demand for new and cost-effective medical devices. The presence of a stringent regulatory framework and standards for medical device manufacturing is leading to an increase in overall costs.
Thus, an increase in the need to maintain the standards and curb healthcare expenditure simultaneously is anticipated to drive the market in this region. Furthermore, high dependence of industry players on economic conditions, which are fluctuating in this region, is expected to propel the demand for consulting services.
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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 Japan robotic prosthetics market , including forecasts for subscribers. This country databook contains high-level insights into Japan robotic prosthetics market from 2016 to 2030, including revenue numbers, major trends, and company profiles.
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Japan robotic prosthetics market size, by extremities, 2016-2030 (US$M)
Japan Robotic Prosthetics Market Outlook Share, 2023 & 2030 (US$M)
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