This report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
The robotic prosthetics market size has grown strongly in recent years. It will grow from $1.73 billion in 2024 to $1.89 billion in 2025 at a compound annual growth rate (CAGR) of 9.5%. The growth in the historic period can be attributed to prevalence of chronic diseases, growing geriatric population, growing amputee population, government initiatives.
The robotic prosthetics market size is expected to see rapid growth in the next few years. It will grow to $2.84 billion in 2029 at a compound annual growth rate (CAGR) of 10.7%. The growth in the forecast period can be attributed to increase in funding for medical robot research, rise in traumatic injuries, growing demand for sustainable and eco-friendly prosthetics, awareness about prosthetic solutions. Major trends in the forecast period include advances in material science and technology, wearable technology integration, advancements in prosthetic technology, sensory feedback systems, advancements in neuroprosthetics.
The increasing prevalence of orthopedic diseases is set to drive the expansion of the robotic prosthetics market in the foreseeable future. Orthopedic diseases encompass a range of conditions and ailments affecting the musculoskeletal system, which comprises muscles, bones, nerves, and joints. Within the realm of orthopedics, robotic prosthetics play a vital role, offering crucial applications in the treatment and correction of musculoskeletal disorders and injuries. These applications include limb replacement, gait rehabilitation, and the advancement of precision in orthopedic surgical procedures. For instance, as of July 2022, data from the World Health Organization (WHO), a United Nations agency headquartered in Switzerland responsible for global public health, revealed that approximately 1.71 billion individuals worldwide are affected by musculoskeletal conditions. These conditions encompass a range of issues such as low back pain, neck pain, fractures, other injuries, osteoarthritis, amputation, and rheumatoid arthritis. Consequently, the increasing prevalence of orthopedic diseases is a driving force behind the growth of the robotic prosthetics market.
Increasing rates of amputations are anticipated to drive the growth of the robotic prosthetics market in the coming years. Amputation is a surgical procedure involving the removal of part or the entire limb or extremity from the body. The growing frequency of amputations is a significant factor fueling the development and adoption of robotic prosthetics. As the number of amputations rises, there is an increasing demand for robotic prosthetic solutions. For example, a study published in the JAMA Network Open Medical Journal by the American Medical Association in March 2022 reported a noticeable increase in amputation rates, with an annual rise from 13.5 per 100,000 population to 14.8 per 100,000 population, marking an increase of 9% to 16% after the expansion. As a result, the upward trend in amputation rates is poised to stimulate market growth in the robotic prosthetics sector.
The elevated expenses associated with prosthetics have the potential to negatively impact the expansion of the robotic prosthetics market. Robotic prosthetics are artificial limbs or body parts crafted to replace or enhance the function of natural limbs or organs that are missing or damaged. The cost of robotic prosthetics is typically higher compared to traditional prosthetics due to the utilization of advanced technology and materials in their fabrication. For example, in November 2022, Orthotic Prosthetic Center Inc., a prosthetic provider based in the United States, reported that a basic prosthetic leg can be priced at less than $10,000 for uninsured patients, while a computerized prosthetic leg that can be controlled through muscle movements may cost $70,000 or more. As a result, the high expenses associated with prosthetics act as a barrier to the growth of the robotic prosthetics market.
Leading companies in the robotic prosthetics market are making strides by introducing innovative implant systems as part of their strategy to solidify their position in the industry. An implant system in the medical context serves the purpose of replacing a missing joint or bone or providing support to a compromised bone. For example, in April 2023, Integrum, a Sweden-based medical equipment manufacturer, received regulatory approval for its OPRA Implant System in Australia. The OPRA Implant System represents a groundbreaking bone-anchored prosthesis that employs osseointegration to establish a direct connection between the prosthesis and the human body. This innovative approach enables the seamless attachment of an artificial limb directly to the skeleton. Furthermore, the patent coverage of this product extends beyond its application in transfemoral scenarios to encompass a broader range of long bone prosthetic applications, including those involving the upper arm or lower leg.
In December 2022, Ekso Bionics Holdings Inc., a US-based leader in exoskeleton technology for both medical and industrial applications, acquired the Human Motion and Control Business Unit from Parker Hannifin Corporation for an undisclosed amount. This acquisition is expected to broaden Ekso's product offerings, extending its reach into home and community use markets, enhance its product pipeline, and strengthen relationships with key commercial and research partners, including Vanderbilt University. The Human Motion and Control Business Unit, part of Parker Hannifin Corporation, is a US-based company that specializes in manufacturing motion and control technologies for various industries such as aerospace, automotive, and manufacturing, with a focus on hydraulics, pneumatics, filtration, and automation.
Major companies operating in the robotic prosthetics market are Ottobock SE and Co. KGaA, Össur hf., Blatchford Limited, HDT Global Inc., DEKA Research & Development Corp., Cyberdyne Inc., College Park Industries Inc., Neuralink Corp., Touch Bionics Ltd., Myomo Inc., Kinova Inc., Open Bionics Ltd., Sarcos Technology and Robotics Corporation, SynTouch LLC, Ekso Bionics Holdings Inc., Fillauer LLC, WillowWood Global LLC, Shadow Robot Company Limited, Infinite Biomedical Technologies LLC, Marsi Bionics S.L., Aether Biomedical Pvt Ltd., Coapt LLC, Esper Bionics Inc., Psyonic Inc., Vincent Systems GmbH.
North America was the largest region in the robotic prosthetics market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in robotic prosthetics report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the robotic prosthetics market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Robotic prosthetics are artificial limbs or prostheses designed to replace a missing body part that may have been lost due to trauma, disease, or congenital disability. They are designed to work along with human brain signals and incorporate robotics, electronics and materials science to replicate the functionality and appearance of natural limbs as closely as possible.
The main product types of robotic prosthetics are prosthetic arms, prosthetic knees, prosthetic feet or ankles, prosthetic hands and others. A prosthetic arm refers to an artificial device that replaces a missing arm, which may be lost through trauma, disease, or a condition present at birth. The various technology includes microprocessor-controlled prosthetics and myoelectric prosthetics with various extremities such as lower-body prosthetics and upper-body prosthetics. These are used by various end-users such as hospitals, specialty clinics and others.
The robotic prosthetics market research report is one of a series of new reports that provides robotic prosthetics market statistics, including robotic prosthetics industry global market size, regional shares, competitors with a robotic prosthetics market share, detailed robotic prosthetics market segments, market trends and opportunities and any further data you may need to thrive in the robotic prosthetics industry. This robotic prosthetics market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The robotic prosthetics market consists of revenues earned by entities by providing prosthetic maintenance and support such as training and rehabilitation and regular checkups. The market value includes the value of related goods sold by the service provider or included within the service offering. The robotic prosthetics market also includes sales of bionic limbs, upper limb prosthetics, lower limb prosthetics and microprocessor-controlled prosthetics. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The robotic prosthetics market size has grown strongly in recent years. It will grow from $1.73 billion in 2024 to $1.89 billion in 2025 at a compound annual growth rate (CAGR) of 9.5%. The growth in the historic period can be attributed to prevalence of chronic diseases, growing geriatric population, growing amputee population, government initiatives.
The robotic prosthetics market size is expected to see rapid growth in the next few years. It will grow to $2.84 billion in 2029 at a compound annual growth rate (CAGR) of 10.7%. The growth in the forecast period can be attributed to increase in funding for medical robot research, rise in traumatic injuries, growing demand for sustainable and eco-friendly prosthetics, awareness about prosthetic solutions. Major trends in the forecast period include advances in material science and technology, wearable technology integration, advancements in prosthetic technology, sensory feedback systems, advancements in neuroprosthetics.
The increasing prevalence of orthopedic diseases is set to drive the expansion of the robotic prosthetics market in the foreseeable future. Orthopedic diseases encompass a range of conditions and ailments affecting the musculoskeletal system, which comprises muscles, bones, nerves, and joints. Within the realm of orthopedics, robotic prosthetics play a vital role, offering crucial applications in the treatment and correction of musculoskeletal disorders and injuries. These applications include limb replacement, gait rehabilitation, and the advancement of precision in orthopedic surgical procedures. For instance, as of July 2022, data from the World Health Organization (WHO), a United Nations agency headquartered in Switzerland responsible for global public health, revealed that approximately 1.71 billion individuals worldwide are affected by musculoskeletal conditions. These conditions encompass a range of issues such as low back pain, neck pain, fractures, other injuries, osteoarthritis, amputation, and rheumatoid arthritis. Consequently, the increasing prevalence of orthopedic diseases is a driving force behind the growth of the robotic prosthetics market.
Increasing rates of amputations are anticipated to drive the growth of the robotic prosthetics market in the coming years. Amputation is a surgical procedure involving the removal of part or the entire limb or extremity from the body. The growing frequency of amputations is a significant factor fueling the development and adoption of robotic prosthetics. As the number of amputations rises, there is an increasing demand for robotic prosthetic solutions. For example, a study published in the JAMA Network Open Medical Journal by the American Medical Association in March 2022 reported a noticeable increase in amputation rates, with an annual rise from 13.5 per 100,000 population to 14.8 per 100,000 population, marking an increase of 9% to 16% after the expansion. As a result, the upward trend in amputation rates is poised to stimulate market growth in the robotic prosthetics sector.
The elevated expenses associated with prosthetics have the potential to negatively impact the expansion of the robotic prosthetics market. Robotic prosthetics are artificial limbs or body parts crafted to replace or enhance the function of natural limbs or organs that are missing or damaged. The cost of robotic prosthetics is typically higher compared to traditional prosthetics due to the utilization of advanced technology and materials in their fabrication. For example, in November 2022, Orthotic Prosthetic Center Inc., a prosthetic provider based in the United States, reported that a basic prosthetic leg can be priced at less than $10,000 for uninsured patients, while a computerized prosthetic leg that can be controlled through muscle movements may cost $70,000 or more. As a result, the high expenses associated with prosthetics act as a barrier to the growth of the robotic prosthetics market.
Leading companies in the robotic prosthetics market are making strides by introducing innovative implant systems as part of their strategy to solidify their position in the industry. An implant system in the medical context serves the purpose of replacing a missing joint or bone or providing support to a compromised bone. For example, in April 2023, Integrum, a Sweden-based medical equipment manufacturer, received regulatory approval for its OPRA Implant System in Australia. The OPRA Implant System represents a groundbreaking bone-anchored prosthesis that employs osseointegration to establish a direct connection between the prosthesis and the human body. This innovative approach enables the seamless attachment of an artificial limb directly to the skeleton. Furthermore, the patent coverage of this product extends beyond its application in transfemoral scenarios to encompass a broader range of long bone prosthetic applications, including those involving the upper arm or lower leg.
In December 2022, Ekso Bionics Holdings Inc., a US-based leader in exoskeleton technology for both medical and industrial applications, acquired the Human Motion and Control Business Unit from Parker Hannifin Corporation for an undisclosed amount. This acquisition is expected to broaden Ekso's product offerings, extending its reach into home and community use markets, enhance its product pipeline, and strengthen relationships with key commercial and research partners, including Vanderbilt University. The Human Motion and Control Business Unit, part of Parker Hannifin Corporation, is a US-based company that specializes in manufacturing motion and control technologies for various industries such as aerospace, automotive, and manufacturing, with a focus on hydraulics, pneumatics, filtration, and automation.
Major companies operating in the robotic prosthetics market are Ottobock SE and Co. KGaA, Össur hf., Blatchford Limited, HDT Global Inc., DEKA Research & Development Corp., Cyberdyne Inc., College Park Industries Inc., Neuralink Corp., Touch Bionics Ltd., Myomo Inc., Kinova Inc., Open Bionics Ltd., Sarcos Technology and Robotics Corporation, SynTouch LLC, Ekso Bionics Holdings Inc., Fillauer LLC, WillowWood Global LLC, Shadow Robot Company Limited, Infinite Biomedical Technologies LLC, Marsi Bionics S.L., Aether Biomedical Pvt Ltd., Coapt LLC, Esper Bionics Inc., Psyonic Inc., Vincent Systems GmbH.
North America was the largest region in the robotic prosthetics market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in robotic prosthetics report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the robotic prosthetics market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Robotic prosthetics are artificial limbs or prostheses designed to replace a missing body part that may have been lost due to trauma, disease, or congenital disability. They are designed to work along with human brain signals and incorporate robotics, electronics and materials science to replicate the functionality and appearance of natural limbs as closely as possible.
The main product types of robotic prosthetics are prosthetic arms, prosthetic knees, prosthetic feet or ankles, prosthetic hands and others. A prosthetic arm refers to an artificial device that replaces a missing arm, which may be lost through trauma, disease, or a condition present at birth. The various technology includes microprocessor-controlled prosthetics and myoelectric prosthetics with various extremities such as lower-body prosthetics and upper-body prosthetics. These are used by various end-users such as hospitals, specialty clinics and others.
The robotic prosthetics market research report is one of a series of new reports that provides robotic prosthetics market statistics, including robotic prosthetics industry global market size, regional shares, competitors with a robotic prosthetics market share, detailed robotic prosthetics market segments, market trends and opportunities and any further data you may need to thrive in the robotic prosthetics industry. This robotic prosthetics market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The robotic prosthetics market consists of revenues earned by entities by providing prosthetic maintenance and support such as training and rehabilitation and regular checkups. The market value includes the value of related goods sold by the service provider or included within the service offering. The robotic prosthetics market also includes sales of bionic limbs, upper limb prosthetics, lower limb prosthetics and microprocessor-controlled prosthetics. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Robotic Prosthetics Market Characteristics3. Robotic Prosthetics Market Trends and Strategies4. Robotic Prosthetics Market - Macro Economic Scenario Including the Impact of Interest Rates, Inflation, Geopolitics, Covid and Recovery on the Market32. Global Robotic Prosthetics Market Competitive Benchmarking and Dashboard33. Key Mergers and Acquisitions in the Robotic Prosthetics Market34. Recent Developments in the Robotic Prosthetics Market
5. Global Robotic Prosthetics Growth Analysis and Strategic Analysis Framework
6. Robotic Prosthetics Market Segmentation
7. Robotic Prosthetics Market Regional and Country Analysis
8. Asia-Pacific Robotic Prosthetics Market
9. China Robotic Prosthetics Market
10. India Robotic Prosthetics Market
11. Japan Robotic Prosthetics Market
12. Australia Robotic Prosthetics Market
13. Indonesia Robotic Prosthetics Market
14. South Korea Robotic Prosthetics Market
15. Western Europe Robotic Prosthetics Market
16. UK Robotic Prosthetics Market
17. Germany Robotic Prosthetics Market
18. France Robotic Prosthetics Market
19. Italy Robotic Prosthetics Market
20. Spain Robotic Prosthetics Market
21. Eastern Europe Robotic Prosthetics Market
22. Russia Robotic Prosthetics Market
23. North America Robotic Prosthetics Market
24. USA Robotic Prosthetics Market
25. Canada Robotic Prosthetics Market
26. South America Robotic Prosthetics Market
27. Brazil Robotic Prosthetics Market
28. Middle East Robotic Prosthetics Market
29. Africa Robotic Prosthetics Market
30. Robotic Prosthetics Market Competitive Landscape and Company Profiles
31. Robotic Prosthetics Market Other Major and Innovative Companies
35. Robotic Prosthetics Market High Potential Countries, Segments and Strategies
36. Appendix
Executive Summary
Robotic Prosthetics Global Market Report 2025 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on robotic prosthetics market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for robotic prosthetics? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The robotic prosthetics market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Product Type: Prosthetic Arm; Prosthetic Knee; Prosthetic Feet Or Ankle; Prosthetic Hand; Other Products2) By Technology: Microprocessor-Controlled Prosthetics; Myoelectric Prosthetics
3) By Extremity: Lower Body Prosthetics; Upper Body Prosthetics
4) By End User: Hospitals; Specialty Clinics; Other End Users
Subsegments:
1) By Prosthetic Arm: Upper Limb Prosthetics; Body-Powered Prosthetics; Electrically Controlled Prosthetics2) By Prosthetic Knee: Mechanical Knee Prosthetics; Microprocessor-Controlled Knee Prosthetics; Hydraulic Knee Prosthetics
3) By Prosthetic Feet Or Ankle: Energy-Storing Feet; Multi-Axis Feet; Microprocessor-Controlled Feet
4) By Prosthetic Hand: Mechanical Hand Prosthetics; Myoelectric Hand Prosthetics; Hybrid Hand Prosthetics
5) By Other Products: Exoskeletons; Adaptive Devices; Assistive Technologies
Key Companies Mentioned: Ottobock SE and Co. KGaA; Össur hf.; Blatchford Limited; HDT Global Inc.; DEKA Research & Development Corp.
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
Some of the major companies featured in this Robotic Prosthetics market report include:- Ottobock SE and Co. KGaA
- Össur hf.
- Blatchford Limited
- HDT Global Inc.
- DEKA Research & Development Corp.
- Cyberdyne Inc.
- College Park Industries Inc.
- Neuralink Corp.
- Touch Bionics Ltd
- Myomo Inc.
- Kinova Inc.
- Open Bionics Ltd.
- Sarcos Technology and Robotics Corporation
- SynTouch LLC
- Ekso Bionics Holdings Inc.
- Fillauer LLC
- WillowWood Global LLC
- Shadow Robot Company Limited
- Infinite Biomedical Technologies LLC
- Marsi Bionics S.L.
- Aether Biomedical Pvt Ltd.
- Coapt LLC
- Esper Bionics Inc.
- Psyonic Inc.
- Vincent Systems GmbH
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 200 |
Published | March 2025 |
Forecast Period | 2025 - 2029 |
Estimated Market Value ( USD | $ 1.89 Billion |
Forecasted Market Value ( USD | $ 2.84 Billion |
Compound Annual Growth Rate | 10.7% |
Regions Covered | Global |
No. of Companies Mentioned | 26 |