Thailand Robotic Prosthetics Market Size & Outlook
Thailand robotic prosthetics market, 2016-2030 (US$M)
Related Markets
Thailand robotic prosthetics market highlights
- The Thailand robotic prosthetics market generated a revenue of USD 2.4 million in 2023 and is expected to reach USD 5.6 million by 2030.
- The Thailand market is expected to grow at a CAGR of 12.8% 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 2.4 million |
| Market revenue in 2030 | USD 5.6 million |
| Growth rate | 12.8% (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, Thailand 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 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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Thailand 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 58.33% in 2023. Horizon Databook has segmented the Thailand robotic prosthetics market based on mpc prosthetics, myoelectrical prosthetics covering the revenue growth of each sub-segment from 2016 to 2030.
Thailand is one of the most developed countries in terms of healthcare infrastructure. There are over 160 domestic medical device manufacturers in the country, which manufacture class I and class II devices. Around 80% of local production is exported.
Medical device imports account for more than 50.0% of medical device market demands in the country. Medical device imports are anticipated to increase, which may drive the demand for regulatory affairs and maintenance services, thereby propelling the medical device outsourcing market during the forecast period.
The domestic consumption of medical devices is on the higher side in Thailand. This is due to the growth of medical services. Medical devices, for example, are increasingly being designed and produced in Thailand, especially single-use devices.
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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 Thailand robotic prosthetics market , including forecasts for subscribers. This country databook contains high-level insights into Thailand robotic prosthetics market from 2016 to 2030, including revenue numbers, major trends, and company profiles.
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Thailand robotic prosthetics market size, by extremities, 2016-2030 (US$M)
Thailand Robotic Prosthetics Market Outlook Share, 2023 & 2030 (US$M)
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