Canada Upper Limb Prosthetics Market Size & Outlook
The upper limb prosthetics market in Canada is expected to reach a projected revenue of US$ 28.8 million by 2030. A compound annual growth rate of 4.9% is expected of Canada upper limb prosthetics market from 2024 to 2030.
Revenue, 2023 (US$M)
$20.7
Forecast, 2030 (US$M)
$28.8
CAGR, 2024 - 2030
4.8%
Report Coverage
Canada
Canada upper limb prosthetics market, 2018-2030 (US$M)
Related Markets
Canada upper limb prosthetics market highlights
- The Canada upper limb prosthetics market generated a revenue of USD 20.7 million in 2023 and is expected to reach USD 28.8 million by 2030.
- The Canada market is expected to grow at a CAGR of 4.9% from 2024 to 2030.
- In terms of segment, prosthetic arm was the largest revenue generating component in 2023.
- Prosthetic Arm is the most lucrative component segment registering the fastest growth during the forecast period.
Upper limb prosthetics market data book summary
| Market revenue in 2023 | USD 20.7 million |
| Market revenue in 2030 | USD 28.8 million |
| Growth rate | 4.9% (CAGR from 2023 to 2030) |
| Largest segment | Prosthetic arm |
| Fastest growing segment | Prosthetic Arm |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Prosthetic Wrist, Prosthetic Arm, Prosthetic Elbow, Prosthetic Shoulder, Other Components |
| Key market players worldwide | Embla Medical hf, Ottobock, Open Bionics, Steeper Group, Fillauer, Comprehensive Prosthetics & Orthotics, Motorica, Coapt |
Other key industry trends
- In terms of revenue, Canada accounted for 6.3% of the global upper limb prosthetics market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. upper limb prosthetics market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 28.8 million by 2030.
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Upper Limb Prosthetics Market Scope
Upper limb prosthetics market segmentation & scope
Passive Prosthetic Devices
Myoelectric Prosthetic Devices
Body Powered Prosthetic Devices
Hybrid Prosthetic Devices
Upper Limb Prosthetics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Canada 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 29.95% in 2023. Horizon Databook has segmented the Canada 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.
- Canada Upper Limb Prosthetics Component Outlook (Revenue, USD Million, 2018-2030)
- Prosthetic Wrist
- Prosthetic Arm
- Prosthetic Elbow
- Prosthetic Shoulder
- Other Components
- Canada Upper Limb Prosthetics Product Outlook (Revenue, USD Million, 2018-2030)
- Passive Prosthetic Devices
- Myoelectric Prosthetic Devices
- Body Powered Prosthetic Devices
- Hybrid Prosthetic Devices
- Canada Upper Limb Prosthetics End Use Outlook (Revenue, USD Million, 2018-2030)
- Hospitals
- Clinics
- Other End Uses
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Our clientele includes a mix of upper limb 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 Canada upper limb prosthetics market, including forecasts for subscribers. This country databook contains high-level insights into Canada upper limb prosthetics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Canada upper limb prosthetics market report size, by component, 2018-2030 (US$M)
Canada Upper Limb Prosthetics Market Share, 2023 & 2030 (US$M)
Related industry reports
Related regional statistics
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