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The Powered Prosthetics Market To Witness Digitized Resilience

Amputation is a traumatic experience that ultimately degrades your quality of life. A prosthesis is an option that can help maintain the same quality of life. Typically, a prosthesis is an artificial device or body part that replaces a body part lost due to trauma, disease, or a congenital condition.

It is very important to choose the right will for communication, work performance and social life at home or at work. For those who need a robust primary or secondary prosthesis to perform some non-routine tasks, body-powered prostheses offer an alternative to commonly used prostheses.

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subdivision-

product type

  • upper extremity prosthesis
  • lower extremity prosthesis

technology

  • body power
  • electric drive
  • hybrid prosthesis

end user

  • prosthetic clinic
  • hospital
  • rehabilitation center

Of all the materials used in the production of powered prostheses, titanium is expected to be the material of choice as it is light in weight and can replace the weight of steel. It is expected that people will prefer body-powered prostheses because they are cheaper compared to electrically driven and hybrid prostheses.

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Human prostheses use very light weight raw materials to provide better comfort for amputated patients during use. In the past few years, the prosthetic industry has developed rapidly with the use of new materials and advances in technology. Plastic materials such as polyethylene, polypropylene, acrylic and polyurethane.

Upper extremity powered prostheses are expected to grow significantly compared to lower extremity prostheses. In daily activities, the upper extremities play a more important role than the lower extremities.

Based on geography, the global electric prosthetics market is segmented into five major regions. North America, Latin America, Europe, Asia Pacific, Middle East and Africa. North America represents the highest paid market for powered prosthetics. It is estimated that there are approximately 1.9 million amputations and 1,85,000 amputations performed annually in the United States.

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Europe is projected to remain the second largest market for powered prosthetics by value. Asia Pacific overall denture market is expected to witness the highest growth rate due to rapid aging population in China, India and Japan and increase in accidents and diabetes related amputations.

Key players identified in the global electric prosthetics market include OttoBock Healthcare GmbH, Touch Bionics Inc., Deka Research and Development Corporation, EXIII Inc., College-Park, Fillauer LLC, RSL Steeper Holdings Ltd, ProtUnix, Aesthetic prosthetic Inc., Blatchford Inc. (Endolite) and others.

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