Kuwait Robotic Prosthetics Market Size & Outlook
Kuwait robotic prosthetics market, 2016-2030 (US$M)
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Kuwait robotic prosthetics market highlights
- The Kuwait robotic prosthetics market generated a revenue of USD 3.4 million in 2023 and is expected to reach USD 6.9 million by 2030.
- The Kuwait market is expected to grow at a CAGR of 10.6% 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 3.4 million |
| Market revenue in 2030 | USD 6.9 million |
| Growth rate | 10.6% (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, Kuwait accounted for 0.2% 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 Middle East & Africa, South Africa robotic prosthetics market is projected to lead the regional market in terms of revenue in 2030.
- Kuwait is the fastest growing regional market in Middle East & Africa and is projected to reach USD 6.9 million by 2030.
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Robotic Prosthetics Market Scope
Robotic Prosthetics Market Companies
| Name | Profile | # Employees | HQ | Website |
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Kuwait 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 55.88% in 2023. Horizon Databook has segmented the Kuwait robotic prosthetics market based on mpc prosthetics, myoelectrical prosthetics covering the revenue growth of each sub-segment from 2016 to 2030.
Middle Eastern countries such as Saudi Arabia, Qatar, United Arab Emirates (UAE), Kuwait, and Oman are prospering economies. The medical devices outsourcing market in the MEA region is likely to grow at a steady rate in the coming years.
High disease burden, increasing privatization, and increase in penetration of health insurance are factors primarily responsible for the growth of the market in this region. The increasing number of national health insurance programs is a consequence of potential benefits such as the affordability of health care for patients, which is likely to boost the demand for private medical and 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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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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 country-level data and insights on the Kuwait robotic prosthetics market , including forecasts for subscribers. This country databook contains high-level insights into Kuwait robotic prosthetics market from 2016 to 2030, including revenue numbers, major trends, and company profiles.
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Kuwait robotic prosthetics market size, by extremities, 2016-2030 (US$M)
Kuwait Robotic Prosthetics Market Outlook Share, 2023 & 2030 (US$M)
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