Saudi Arabia Robotic Prosthetics Market Size & Outlook
Saudi Arabia robotic prosthetics market, 2016-2030 (US$M)
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Saudi Arabia robotic prosthetics market highlights
- The Saudi Arabia robotic prosthetics market generated a revenue of USD 5.6 million in 2023 and is expected to reach USD 10.8 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 9.7% 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 5.6 million |
| Market revenue in 2030 | USD 10.8 million |
| Growth rate | 9.7% (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, Saudi Arabia accounted for 0.4% 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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Saudi Arabia 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 57.14% in 2023. Horizon Databook has segmented the Saudi Arabia robotic prosthetics market based on mpc prosthetics, myoelectrical prosthetics covering the revenue growth of each sub-segment from 2016 to 2030.
The availability of world-class healthcare infrastructure and increase in the number of industry experts trained rapidly are supporting the market in Saudi Arabia. Saudi Arabia medical device approval process is not as stringent as that of developed countries.
This is expected to improve the interest of medical device CROs and CDMOs to enter the market, thus boosting competition in Saudi Arabia market. Some key players operating in the country are IQVIA, Inc., Laboratory Corporation of America Holdings, and SGS SA.
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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 Saudi Arabia robotic prosthetics market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia robotic prosthetics market from 2016 to 2030, including revenue numbers, major trends, and company profiles.
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Saudi Arabia robotic prosthetics market size, by extremities, 2016-2030 (US$M)
Saudi Arabia Robotic Prosthetics Market Outlook Share, 2023 & 2030 (US$M)
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