Posts

Showing posts with the label Robotic Prosthetics Market Size

Robotic Prosthetics Market Is Likely To Up Demand At A USD 2.8 Billion By 2030

Image
  San Francisco, 11 May 2023:  The Report  Robotic Prosthetics Market  Size, Share & Trends Analysis Report By Extremity (Upper, Lower), By Technology (MPC, Myoelectric), By Region (North America, Europe, APAC, Latin America, MEA), And Segment Forecasts, 2023 - 2030 The global robotic prosthetics market size is anticipated to reach USD 2.8 billion by 2030, as per a new report by Grand View Research, Inc. The market is expected to witness a CAGR of 8.8% from 2023 to 2030. Robotics is an ever-evolving field with constant ongoing innovation. The increase in the number of people needing robotic prosthetics worldwide due to both traumatic as well as non-traumatic injuries has led to the massive expansion of the market. The Amputee Coalition estimated the number of people undergoing some form of limb loss will be over 3.5 million by 2050. Furthermore, the growing prevalence of diseases like diabetes and peripheral arterial disease are among major contributors...