UK Robotic Prosthetics Market Size & Outlook, 2023-2030
UK robotic prosthetics market, 2016-2030 (US$M)
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UK robotic prosthetics market highlights
- The UK robotic prosthetics market generated a revenue of USD 21.3 million in 2023 and is expected to reach USD 36.5 million by 2030.
- The UK market is expected to grow at a CAGR of 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 21.3 million |
| Market revenue in 2030 | USD 36.5 million |
| Growth rate | 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, UK accounted for 1.4% 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 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 Companies
| Name | Profile | # Employees | HQ | Website |
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UK 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 56.81% in 2023. Horizon Databook has segmented the UK robotic prosthetics market based on mpc prosthetics, myoelectrical prosthetics covering the revenue growth of each sub-segment from 2016 to 2030.
In the UK, many small-scale medical device companies and global manufacturers form the medical device manufacturing market. There are around 3,800 companies in the medical technology sector, and small and medium-sized enterprises hold 98% of the market.
There are many large companies in the U.S., which have subsidiaries in the UK. Orthopedics is the main strength of UK manufacturers, and fields like cardiovascular devices, imaging, and diagnostics play a major role in making the UK strong in the field of manufacturing medical devices.
The demand for regulatory affairs services such as legal representation is expected to rise, as many small and midsize manufacturers are exporting medical devices to the UK and are not having an established manufacturing facility in the country.
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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 UK robotic prosthetics market , including forecasts for subscribers. This country databook contains high-level insights into UK robotic prosthetics market from 2016 to 2030, including revenue numbers, major trends, and company profiles.
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UK robotic prosthetics market size, by extremities, 2016-2030 (US$M)
UK Robotic Prosthetics Market Outlook Share, 2023 & 2030 (US$M)
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