Global Upper Limb Prosthetics Market Size & Outlook
Global upper limb prosthetics market, 2018-2030 (US$M)
Related Markets
Global upper limb prosthetics market highlights
- The global upper limb prosthetics market generated a revenue of USD 330.8 million in 2023 and is expected to reach USD 455.2 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 4.7% by 2030.
- In terms of segment, prosthetic arm accounted for a revenue of USD 101.2 million in 2023.
- Prosthetic Arm is the most lucrative component segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, UAE is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 330.8 million |
| Market revenue in 2030 | USD 455.2 million |
| Growth rate | 4.7% (CAGR from 2023 to 2030) |
| Largest segment | Prosthetic arm |
| Fastest growing segment | Prosthetic Arm |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Prosthetic Wrist, Prosthetic Arm, Prosthetic Elbow, Prosthetic Shoulder, Other Components |
Other key industry trends
- In terms of revenue, the North America accounted for 45.7% of the global upper limb prosthetics market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, UAE is the fastest growing regional market and is projected to reach USD 0.7 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Upper Limb Prosthetics Market Scope
Upper Limb Prosthetics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global upper limb 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 upper limb prosthetics market will help companies and investors design strategic landscapes.
Prosthetic arm was the largest segment with a revenue share of 30.59% in 2023. Horizon Databook has segmented the Global upper limb prosthetics market based on prosthetic wrist, prosthetic arm, prosthetic elbow, prosthetic shoulder, other components covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Upper Limb Prosthetics Component Outlook (Revenue, USD Million, 2018-2030)
- Prosthetic Wrist
- Prosthetic Arm
- Prosthetic Elbow
- Prosthetic Shoulder
- Other Components
- Global Upper Limb Prosthetics Product Outlook (Revenue, USD Million, 2018-2030)
- Passive Prosthetic Devices
- Myoelectric Prosthetic Devices
- Body Powered Prosthetic Devices
- Hybrid Prosthetic Devices
- Global Upper Limb Prosthetics End Use Outlook (Revenue, USD Million, 2018-2030)
- Hospitals
- Clinics
- Other End Uses
Reasons to subscribe to Global upper limb prosthetics market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Global upper limb prosthetics market databook
-
Our clientele includes a mix of upper limb prosthetics market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global upper limb prosthetics market, including forecasts for subscribers. This global databook contains high-level insights into Global upper limb prosthetics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global upper limb prosthetics market report size, by regions, 2018-2030 (US$M)
Top 10 countries: Upper limb prosthetics market report size, 2023 (US$M)
Global upper limb prosthetics market report share, by component, 2023 & 2030 (%, US$M)
Upper limb prosthetics market: Opportunity assessment by country
Global upper limb prosthetics market, by region, 2023 (US$M)
| Component | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 127.1 | 131.4 | 135.9 | 140.7 | 145.8 | 151.3 | 157.2 | 163.4 | 169.9 | 176.9 | 184.2 | 192.0 | 200.3 | 4.1% |
| Europe | 101.8 | 105.6 | 109.6 | 113.9 | 118.4 | 123.2 | 128.4 | 133.9 | 139.7 | 145.9 | 152.5 | 159.5 | 166.9 | 4.4% |
| Asia Pacific | 24.8 | 26.6 | 28.5 | 30.6 | 32.8 | 35.2 | 37.7 | 40.5 | 43.4 | 46.6 | 50.0 | 53.7 | 57.7 | 7.3% |
| Latin America | 11.2 | 11.7 | 12.3 | 12.9 | 13.5 | 14.2 | 15.0 | 15.8 | 16.6 | 17.5 | 18.5 | 19.5 | 20.6 | 5.5% |
| MEA | 5.5 | 5.7 | 6.0 | 6.3 | 6.6 | 6.9 | 7.2 | 7.6 | 7.9 | 8.3 | 8.8 | 9.2 | 9.7 | 5.1% |
| Overall | 270.4 | 281.0 | 292.3 | 304.3 | 317.1 | 330.8 | 345.5 | 361.0 | 377.6 | 395.2 | 414.0 | 433.9 | 455.2 | 4.7% |
Related industry reports
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
