North America Upper Limb Prosthetics Market Size & Outlook
The upper limb prosthetics market in North America is expected to reach a projected revenue of US$ 200.3 million by 2030. A compound annual growth rate of 4.1% is expected of North America upper limb prosthetics market from 2024 to 2030.
Revenue, 2023 (US$M)
$151.3
Forecast, 2030 (US$M)
$200.3
CAGR, 2024 - 2030
4.1%
Report Coverage
North America
North America upper limb prosthetics market, 2018-2030 (US$M)
Related Markets
North America upper limb prosthetics market highlights
- The North America upper limb prosthetics market generated a revenue of USD 151.3 million in 2023.
- The market is expected to grow at a CAGR of 4.1% 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.
- Country-wise, Canada is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 151.3 million |
| Market revenue in 2030 | USD 200.3 million |
| Growth rate | 4.1% (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 |
| 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, North America region accounted for 45.7% of the global upper limb prosthetics market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 57.7 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 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 |
|---|
North America 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 30.87% in 2023. Horizon Databook has segmented the North America 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.
- North America Upper Limb Prosthetics Component Outlook (Revenue, USD Million, 2018-2030)
- Prosthetic Wrist
- Prosthetic Arm
- Prosthetic Elbow
- Prosthetic Shoulder
- Other Components
- North America Upper Limb Prosthetics Product Outlook (Revenue, USD Million, 2018-2030)
- Passive Prosthetic Devices
- Myoelectric Prosthetic Devices
- Body Powered Prosthetic Devices
- Hybrid Prosthetic Devices
- North America Upper Limb Prosthetics End Use Outlook (Revenue, USD Million, 2018-2030)
- Hospitals
- Clinics
- Other End Uses
Reasons to subscribe to North America 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 North America 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 continent-level data and insights on the North America upper limb prosthetics market, including forecasts for subscribers. This continent databook contains high-level insights into North America upper limb prosthetics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
North America upper limb prosthetics market report size, by country, 2018-2030 (US$M)
North America Upper Limb Prosthetics Market Share, 2023 & 2030 (US$M)
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
