Advanced Prosthetic Materials at Forefront, while Research in AI Gathers Traction in Artificial Limbs Market
Fact.MR’s Report on Global Artificial Limbs Market
The following five to seven years are projected to witness a sustained upshift in investments and exponential improvements in the artificial limbs market. The soft and pliant nature of advanced prosthetic materials to protect underlying skin from residual damage is having a significant effect on their rate of adoption.
Mind-controlled humonic solutions are a radical breakthrough in research related to artificial limbs. These solutions can restore the unmet needs of lost sensation and human-like aesthetics, including gestures and volitional control. Extensive research in the field of artificial intelligence aimed at better quality of life for amputees is fuelling the growth of the artificial limbs market. Fact.MR, in its newest report, reveals that, the artificial limbs market is all set to witness a healthy CAGR of 6% through the forecast period (2020 – 2025).
The artificial limbs market study outlines the key regions – North America, Europe, Asia Pacific, Latin America and MEA – along with the countries contributing the most in the respective regions. The report presents detailed insights about each market player, including SWOT analysis, main market information, market share, revenue, pricing and gross margin. Prominent players covered in this research are Össur, Hanger, Inc., Ohio Willow Wood Company, Ottobock, RSL Steeper Group Ltd., PROTEOR, Blatchford Group, Liberating Technologies, Inc., Fillauer LLC, Spinal Technology, Inc. and Optimus Prosthetics.
The artificial limbs market report addresses the below-mentioned queries:
- Why are vendors shifting away from traditional methods of manufacturing artificial limbs market?
- How does the global artificial limbs market looks like in the next five years?
- Which end use industry is expected to surpass segment by the end of 2025?
- What innovative products are being introduced by the players in the global artificial limbs market?
- Which regions are showing the fastest market growth?
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On the basis of product, the artificial limbs market study consists of
- Upper Extremity Prosthetics
- Lower Extremity Prosthetics
On the basis of technology, the artificial limbs market study incorporates:
- Cosmetic Prosthetics
- Cable operated/Body powered Prosthetics
- Electrically powered/myoelectric Prosthetics
Crucial insights in the artificial limbs market research:
- Underlying macro- and microeconomic factors impacting the growth of the artificial limbs market.
- Basic overview of the artificial limbs market, including market definition, classification, and applications.
- Scrutinization of each artificial limbs market player based on mergers & acquisitions, R&D projects, and product launches.
- Adoption trend of artificial limbs market across various industries.
- Important regions and countries offering lucrative opportunities to artificial limbs market stakeholders.
Reasons to choose Fact.MR:
- Exhaustive research regarding the market to offer A to Z information.
- Digital technologies to provide innovative business solutions to the clients.
- 24/7 availability of services.
- Interaction with suppliers, vendors, and service providers for precise market landscape.
- Reports tailored as per the requirements of the clients.
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