UAE Robotic Prosthetics Market Size & Outlook, 2023-2030
UAE robotic prosthetics market, 2016-2030 (US$M)
Related Markets
UAE robotic prosthetics market highlights
- The UAE robotic prosthetics market generated a revenue of USD 1.6 million in 2023 and is expected to reach USD 2.9 million by 2030.
- The UAE market is expected to grow at a CAGR of 9.5% 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 1.6 million |
| Market revenue in 2030 | USD 2.9 million |
| Growth rate | 9.5% (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, UAE accounted for 0.1% 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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UAE 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 56.25% in 2023. Horizon Databook has segmented the UAE robotic prosthetics market based on mpc prosthetics, myoelectrical prosthetics covering the revenue growth of each sub-segment from 2016 to 2030.
UAE is the fourth-largest market in the MEA region, with majority of the market being dependent on imports. Hence, the demand for outsourcing services such as QA, product upgrades, and implementation is expected to grow during the foreseeable future.
Currently, U.A.E. medical device regulations are based upon EU, Australian TGA, and U.S. (FDA) regulations. Products with EU, Australian, Canadian, and U.S. approval are eligible for a shortened registration process in the U.A.E.
The shortened approval process of the country is expected to improve the number of medical devices development and launches in the country and thus make the market more competitive in the coming years. Some key players operating in the country are IQVIA, Inc., Eurofins Scientific, 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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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 UAE robotic prosthetics market , including forecasts for subscribers. This country databook contains high-level insights into UAE robotic prosthetics market from 2016 to 2030, including revenue numbers, major trends, and company profiles.
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UAE robotic prosthetics market size, by extremities, 2016-2030 (US$M)
UAE Robotic Prosthetics Market Outlook Share, 2023 & 2030 (US$M)
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