The global artificial limbs market size was USD 6.9 Bn in 2022 and is likely to reach USD 9.7 Bn by 2031, expanding at a CAGR of 4.2% during 2023–2031. The market is propelled by technological advancements in the field of prosthetics and the rising rate of diabetes & vascular diseases.
Demand for artificial limbs has increased over the years owing to the prevalence of various types of adventure sports injuries, sedentary lifestyles, nerve problems due to diabetes, increase in road accidents & traumas that lead to limb amputation. Modern prosthetics are developed through intensive research and design, which is critically helping such patients to a great extent. The rise in cases of obesity and vascular diseases is one of the key factors contributing to the increase in limb amputation procedures. Consequently, this boosts the demand for artificial limbs among these patients.
- As per the report published by National Health Interview Survey and Vital Statistics in 2022, it has been estimated that around 1.9 million amputees and approximately 185,000 procedures of amputation are conducted each year in the US. Out of these, diabetes and peripheral vascular diseases account for 82% of all amputations done.
Artificial limbs, also referred to as prosthetics, are devices designed to replace or enhance the function of a missing or impaired limb. They are used to improve the quality of life by restoring mobility and improving functionality for an individual who has lost a limb due to an accident, disease, or for some other reason.
Artificial limbs are classified into two main categories, upper extremity prosthetics (for the upper half of the body) and lower extremity prosthetics (for the lower half of the body). The upper extremity prosthetic includes hooks & claws, myoelectric prosthetics, and hybrid prosthetics, while the lower extremity prosthetics include manual, computerized, and bionic prosthetics.
The bionic prosthetics use robotics and artificial intelligence (AI) to provide even greater stability and control, as they are directly connected to the user’s thoughts using brain-computer interface technology. While technology is making great strides in the development of effective prosthetics, the right rehabilitation equipment and training for the use of these artificial limbs are crucial to get the maximum benefits and avoid further injuries.
The market report finds that the COVID-19 pandemic has negatively affected the market, owing to the lockdowns and preference for managing covid patients by healthcare facilities. The focus of healthcare had shifted to tackling the pandemic and saving lives. Since the pandemic ended, the healthcare system is returning back to its state of equilibrium, researching and growing in all areas. It is anticipated to have a positive impact on the market growth in the coming years.
Global Artificial Limbs Market Dynamics
Major Drivers
Growing cases of amputation due to diabetes, cancer, vascular diseases, and infection is anticipated to drive the market. The unhealthy lifestyle and increasing obesity have led to growing cases of vascular diseases, diabetes, and neuropathy. Furthermore, the increasing cases of cancer in the bones and muscles are giving rise to the possibility of amputation in order to save lives. As a result, the patients require artificial limbs to support themselves which drives the market.
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As per the National Institutes of Health (NIH), patients suffering from diabetes mellitus are at a 30 times greater risk of having to undergo amputation as compared to those without diabetes mellitus. This leads to an economic strain on the healthcare systems of more than USD 4.3 billion annually in the United States.
Rising awareness regarding the availability of artificial limbs is expected to boost the market during the forecast period. Governments around the world have been taking strong initiatives to increase awareness regarding the use of artificial limbs.
The non-government organizations are also greatly contributing to the cause by providing the necessary support and guidance to patients throughout the amputation process and in adjusting lifestyle to artificial limbs. For instance, several organizations in the United States such as AMPOWER and the Amputee Coalition are providing trained mentors to patients so that they can be informed about the new technologies in artificial limbs and receive the necessary training to adapt to the change in their bodies.
Existing Restraints
Lack of rehabilitation support before and after amputation is anticipated to restrain the market growth. Without the provision of proper pre-amputation counseling and education, the patients are often not aware of the available options and benefits of artificial limbs. This lack of information makes the patients hesitate in opting for artificial limbs.
The post-amputation rehabilitation is of vital importance in order for the patient to adapt to the artificial limb. Inadequacy of support and resources hinders the rehabilitation process, affecting the overall demand and adoption of artificial limbs.
- As per the World Health Organization (WHO), there has been significant growth in the demand for prosthetics over the years. However, people still have limited access. According to WHO’s estimation, only one in ten people in need currently has access to assistive products, including orthoses and prostheses.
Emerging Opportunities
Ongoing research and development in increasing the comfort and caliber of prosthetic limbs are projected to create growth opportunities for the artificial limbs market. With the use of cutting-edge technologies and materials, artificial limbs are being developed using carbon fiber composite for prosthetics integrated with sophisticated control systems.
A great amount of research is being done in efforts to develop artificial limbs that accurately mimic the motions of natural limbs. This attracts more patients and potential customers in need of artificial limbs, leading to revenue growth in the global market.
Scope of the Global Artificial Limbs Market Report
The market report includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
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Attributes
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Details
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Report Title
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Artificial Limbs Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
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Base Year
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2022
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Historic Data
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2016–2021
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Forecast Period
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2023–2031
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Segmentation
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Product (Upper Extremity, Lower Extremity, Liners, Sockets, and Others), Technology (Cosmetic Prosthetics, Electrically-powered/Myoelectric Prosthetics, and Cable-operated/Battery-powered Prosthetics), End-user (Prosthetic Clinics, Rehabilitation Centers, And Hospitals)
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Regional Scope
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Asia Pacific, North America, Latin America, Europe, and Middle East & Africa
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Report Coverage
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Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, Market Trends, and Revenue Forecast
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Key Players Covered in the Report
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Blatchford Limited; Ottobock; Fillauer LLC; Hanger Clinic; Coapt, LLC; Össur; Steeper Group; WillowWood Global LLC; PROTEOR FRANCE; and Optimus Prosthetics
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Global Artificial Limbs Market Segment Insights
Product Segment Analysis
Based on product, the global artificial limbs market is divided into upper extremity, lower extremity, liners, sockets, and others. The lower extremity segment is expected to expand at a major growth rate during the projection period due to the rise in peripheral vascular diseases, diabetes, cancer, chronic diseases caused by poor lifestyle choices, and trauma cases of accidents.
The lower extremity segment covers partial foot amputation, trans-pelvic, transtibial (below-knee), and transfemoral (above-knee). The growing focus on providing stability, replicating natural movements, and enhancing gait patterns makes artificial limbs highly comfortable and easy to use. Moreover, the development of shock-absorbing and energy-storing components has led to their increased demand in the market.
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As per the National Institutes of Health, approximately 150000 patients have to undergo a lower extremity amputation procedure every year. The most prevalent causes for the increase in such amputation procedures are peripheral vascular diseases, diabetes, trauma, and neuropathy.
The upper extremity segment is projected to register a considerable CAGR during the forecast period owing to the development of highly functional and realistic designs of prosthetics. These prosthetics provide stable control and improved quality of life. The upper extremity includes forequarter (interscapulothoracic), trans-humeral (above the elbow), and trans-radial (below the elbow) amputations.
Technology Segment Analysis
On the basis of technology, the global market is segregated into cosmetic prosthetics, electrically-powered/myoelectric prosthetics, and cable-operated/battery-powered prosthetics. The electrically-powered/myoelectric prosthetics segment is projected to register a robust CAGR during the forecast period due to its ability to mimic natural limb movements without the requirement of physical force.
These prosthetics use electric motors and sensors to detect muscle signals. This allows the user to control the artificial limb with simple muscle contractions. The advancement of sensor technology has significantly improved the responsiveness and functionality of artificial limbs. This provides the user with a great level of dexterity and mobility.
End-User Segment Analysis
On the basis of end-user, the global artificial limbs market is segmented into prosthetic clinics, rehabilitation centers, and hospitals. The hospitals segment is anticipated to exhibit substantial revenue growth during the forecast period owing to the availability of specialized departments and skilled healthcare professionals.
These healthcare professionals are highly experienced in prosthetic limb fitting and rehabilitation procedures. Furthermore, the hospitals have advanced technologies and equipment that are required for the customization and development of artificial limbs. Due to this, hospitals become the primary choice of patients in need of an artificial limb, thereby, generating a major revenue share of the market.
Regional Outlook
In terms of region, the global artificial limbs market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. North America is expected to dominate the market during the projection period owing to well-developed healthcare analytics and an increase in traumatic injuries related to adventure sports, road accidents, and workplace mishaps.
The rise in health problems in North America due to poor lifestyle choices and unhealthy habits leads to diabetes and obesity. This often leads to health complications that require amputation. The technological advancements in prosthetics are able to aid such patients with functional artificial limbs, which creates strong growth potential for the market.
Asia Pacific is projected to have considerable growth in the demand for artificial limbs due to numerous factors. These include the rapidly advancing healthcare infrastructure, increase in urbanization, rise in per capita income, and increasing cases of amputation due to trauma accidents and chronic sickness. These factors are expected to provide growth opportunities for the market in the region.
Segments
The global artificial limbs market has been segmented on the basis of
Product
- Upper Extremity
- Lower Extremity
- Liners
- Sockets
- Others
Technology
- Cosmetic Prosthetics
- Electrically-powered/Myoelectric Prosthetics
- Cable-operated/Battery-powered Prosthetics
End-user
- Prosthetic Clinics
- Rehabilitation Centers
- Hospitals
Region
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East & Africa
Key Players
- Blatchford Limited
- Ottobock
- Fillauer LLC
- Hanger Clinic
- Coapt, LLC
- Össur
- Steeper Group
- WillowWood Global LLC
- PROTEOR FRANCE
- Optimus Prosthetics
Competitive Landscape
Key players competing in the global artificial limbs market are Blatchford Limited; Ottobock; Fillauer LLC; Hanger Clinic; Coapt, LLC; Össur; Steeper Group; WillowWood Global LLC; PROTEOR FRANCE; and Optimus Prosthetics.
These companies adopt development strategies including acquisitions, partnerships, mergers, collaboration, production expansion, and product launches to increase market share. They have to invest heavily in research & development and have to collaborate with other players to boost their global presence. For instance,
- In July 2022, the German pioneer in the field of orthopedic technology, Ottobock collaborated with the University of Twente (based in the Netherlands) to demonstrate a new artificial limb technology at the international congress Rehab Week. The technology is highly innovative and is expected to help patients with leg amputation through the use of robot prosthetics as a natural extension of the body.
- In February 2022, Ossur, a company based in Iceland, released a microprocessor prosthetic knee system called the Power Knee. It is an intelligent prosthesis that is powered by a motor and uses an algorithm to detect human movement patterns. It is able to adjust to the change in terrain and the speed of a patient’s walking speed in real-time.
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