Spain Robotic Prosthetics Market Size & Outlook, 2023-2030

The robotic prosthetics market in Spain is expected to reach a projected revenue of US$ 52.3 million by 2030. A compound annual growth rate of 8.7% is expected of Spain robotic prosthetics market from 2024 to 2030.
Revenue, 2023 (US$M)
$29.2
Forecast, 2030 (US$M)
$52.3
CAGR, 2024 - 2030
8.7%
Report Coverage
Spain

Spain robotic prosthetics market highlights

  • The Spain robotic prosthetics market generated a revenue of USD 29.2 million in 2023 and is expected to reach USD 52.3 million by 2030.
  • The Spain market is expected to grow at a CAGR of 8.7% 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 2023USD 29.2 million
Market revenue in 2030USD 52.3 million
Growth rate8.7% (CAGR from 2023 to 2030)
Largest segmentMpc prosthetics
Fastest growing segmentMyoelectrical Prosthetics
Historical data2016 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationMPC Prosthetics, Myoelectrical Prosthetics
Key market players worldwideOttobock, Touch Bionics, HDT Global, Ossur, Endolite India, Shadow Robot


Other key industry trends

  • In terms of revenue, Spain accounted for 1.9% 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 segmentation & scope

Robotic Prosthetics Market Companies

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Spain 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 56.85% in 2023. Horizon Databook has segmented the Spain robotic prosthetics market based on mpc prosthetics, myoelectrical prosthetics covering the revenue growth of each sub-segment from 2016 to 2030.


With a large population of over 47 billion, Spain is one of the most important markets in Europe for medical products. Small and medium-sized companies dominate 90% of the market and they are responsible for more than 40% of sales. Whereas large-sized companies account for 8% to 10% of sales and generate approximately 60% of sales for the country.


The demand for outsourced services such as regulatory affairs is expected to grow, as there is an increase in medical device imports from countries such as the U.S. and Germany. The medical device contract manufacturing industry in the country is anticipated to grow, as companies are looking for cost-effective and quality manufacturing in the region.


All these factors are expected to boost the market in Spain and promote competition among the market players. Some key players operating in the country are Laboratory Corporation of America Holdings; Eurofins Scientific; Pace Analytical Services, Inc.; and Intertek Group plc.

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Horizon Databook provides a detailed overview of country-level data and insights on the Spain robotic prosthetics market , including forecasts for subscribers. This country databook contains high-level insights into Spain robotic prosthetics market from 2016 to 2030, including revenue numbers, major trends, and company profiles.

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Spain robotic prosthetics market size, by extremities, 2016-2030 (US$M)

Spain Robotic Prosthetics Market Outlook Share, 2023 & 2030 (US$M)

Spain robotic prosthetics market size, by extremities, 2016-2030 (US$M)

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