Middle East & Africa Robotic Prosthetics Market Size & Outlook
Middle East & Africa robotic prosthetics market, 2016-2030 (US$M)
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MEA robotic prosthetics market highlights
- The MEA robotic prosthetics market generated a revenue of USD 63.2 million in 2023.
- The market is expected to grow at a CAGR of 7.1% 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, Kuwait is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 63.2 million |
| Market revenue in 2030 | USD 102.4 million |
| Growth rate | 7.1% (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, MEA region accounted for 4.1% 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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Middle East & Africa 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 56.17% in 2023. Horizon Databook has segmented the Middle East & Africa 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. This is anticipated to positively impact the growth of this market.
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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 continent-level data and insights on the Middle East & Africa robotic prosthetics market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa robotic prosthetics market from 2016 to 2030, including revenue numbers, major trends, and company profiles.
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MEA robotic prosthetics market size, by country, 2016-2030 (US$M)
Middle East & Africa Robotic Prosthetics Market Outlook Share, 2023 & 2030 (US$M)
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