Robotics Prosthetics Market Players, Industry Size, Share, Analysis and Forecast 2022 – 2030
Robotics Prosthetics Market Robotics Prosthetics Market is projected to reach USD 1,269.6 million by 2030 at 9.30% CAGR during the forecast period 2022-2030. The expansion of the amputee population due to a rise in accidents, diabetes, vascular disease, and frostbite has led the market to greater heights in recent years. The data published by Amputee Coalition reveals that there are close to 2.1 million amputees in the United States (U.S.). The Statistics Brain Research Institute says that about 82% of the amputations were caused by vascular disease, 22% of the total cases occurred due to trauma, and 4% were related to congenital disabilities. On this basis, increasing prevalence of vascular diseases and diabetes have high chances of elevating the demand for robotics prosthetics in the following years. Rising number of technologically sophisticated products like RHEO KNEE, SYMBIONIC LEG 3, POWER KNEE, and PROPRIO FOOT is projected to uplift product awareness across variou...