#Motorized Prosthesis Market Market Growth
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Motorized Prosthesis Market share with latest trends, growth in size and research report to 2032
The global Motorized Prosthesis Market size is expected to reach US$ 139.4 Million in 2032. The motorized prosthesis market is growing rapidly. As per FMI Analysts, the global motorized prosthesis market is estimated to be valued at US$ 31.9 Million in 2022 and is projected to increase at a CAGR of 14.4% in the forecast period from 2022 to 2032.
Motorized prosthesis is an artificial medical device used to perform the functions of missing body parts due to factors such as trauma, congenital factors, or various other diseases. The concept of motorized prosthesis arises from the combination of biomedical engineering and neuroscience.
The motorized prosthesis is based on brain computed interface, to avail the biological functioning of missing body parts. Motorized prosthesis is a complex network of motors and cognitive modalities. These devices are made for supporting of autonomous nervous system functioning such as devices for bladder control.
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The motorized prosthesis are in research and development phase, and various technological advancements has been witnessed in developing a novelty product to support the normal functioning of the body. The motorized prosthesis are based on target muscle innervation (TMR) technology.
Motorized Prosthesis Market: Drivers and Restraints
The motorized prosthesis market is expected to show tremendous growth during the forecast period. The factors such as technological advancement in motorized prosthesis, increasing research and development expenditure to support the life of affected patients are driving the growth of the motorized prosthesis market.
Increasing healthcare infrastructure along with the growth in IT infrastructure are also driving the growth of motorized prosthesis market. In addition, according to research studies conducted, approximately 2 million individuals are living without a limb in the U.S. alone, and nearly 185,000 amputations occur in the U.S. every year.
However, the motor prosthesis is in its initial phase of development, and factors such as high developmental cost, and pricing are the major constraints of the motorized prosthesis market growth. The factors such as modelling of the device, power consumption, size, and biocompatibility are major issues which can hamper the growth of motorized prosthesis market.
Moreover, due to the presence of batteries and motor, they are likely to be heavy as compared with body-powered prosthesis, and thus impede the motorized prosthesis market growth.
Motorized Prosthesis Market: Key Players
Some of the market participants in the global motorized prosthesis market are Advanced Arm Dynamics, Bionic Prosthetics and Orthotics, BionX Medical Technologies, Inc., Faulhaber Group, Freedom Innovations, LLC, Mobius Bionics LLC, Össur hf., Otto Bock HealthCare GmbH, Sensars Neuroprosthteics, and Touch Bionics Inc.
Key Segments :
By Target Population:
Pediatric
Adult
By End-User:
Optics and Hospitals
Orthopedic Clinics
Trauma Centers
By Region:
North America
Latin America
Western Europe
Eastern Europe
Asia-Pacific
Japan
Middle East and Africa
Motorized Prosthesis Market: Overview
The motorized prosthesis market is an emerging technology, and is adopted by a large number of affected patient population base. The motorized prosthesis are based on the integration with the nervous system to conduct the functioning of the replaced body part by a device known as a controller that maintains the compatibility between patient’s nervous system and muscular systems.
Motorized prosthesis work by sending users’ commands to the device’ actuators, and deduces the feedback from the biosensors. Motorized hand prosthesis are widely used as compared with the motorized leg prosthesis. The information technology also plays a crucial role in the development of the motorized prosthesis.
The various programs have been conducted such open-source robotic prosthesis through which various collaboration are made by players for bringing advancement in the technology coupled with lowering the cost of the devices by using 3D printing technology for custom made fabrication.
Motorized Prosthesis Market: Region Wise Outlook
Geographically, motorized prosthesis market is classified into regions viz. North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific, Japan, Middle East and Africa. North America is projected to hold the largest share of motorized prosthesis in the global market, followed by Western Europe, owing to more developed healthcare infrastructure and ease of access to advanced technology.
In addition, high disposable income, support from the governmental bodies, and favorable reimbursement scenario are driving the growth of the motorized prosthesis market. The market in Asia-Pacific is expected to show the fastest growth over the forecast period owing to the consistent technological advancement, increasing R&D investment by the public and private bodies.
The market in regions such as Latin America, Middle East, and Africa are anticipated to show sluggish growth owing to low per capita income, lack of skilled personnel, and limited medical facilities.
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.
#Motorized Prosthesis Market Market#Motorized Prosthesis Market Market Size#Motorized Prosthesis Market Market Growth
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NANOENGINEERED PROSTHETICS MARKET ANALYSIS (2019-2027)
Nanoengineered prosthetics are implantable devices that are used in patients to replace missing body organ and it comes under subdivision of nanomedicine. Nanotools and nanostructures are used for manufacture of prosthetics and their use has improved function of prosthetics and has reduced various disadvantages of using conventional prosthetics such as dislocation of the implant and infection around the site of the prosthetic.
Nanoparticles are ideal for engineering prosthetics and implants because they function at the same level of the body cells. For instance, Fluidinova’s product nanoXIM HAp pastes are nano-hydroxyapatite water-based paste, which is specially recommended for manufacture of bone graft substitutes. Nano-hydroxyapatite is perfectly aligned in the form of nanocrystals. Due to high physical and chemical similarities between the nano-hydroxyapatite and mineralized bone this paste show high affinity to hard tissues, which leads to the formation of strong chemical bonds with the parent tissue. Some of the other manufacturers operating in the global nano engineered prosthetics market include CAM Bioceramics B.V., 3D Systems, Inc., and others.
Global Nanoengineered Prosthetics Market Drivers
Leading manufacturers are focused on collaborations with researchers to develop products in the global nanoengineered prosthetics market. For instance, in August 2019, researchers at Medical University of Vienna in collaboration with Otto Bock Healthcare Products, Alfred Mann Foundation, and Imperial College London developed a prosthetic arm with few built-in electrodes, which makes contact with the patient’s skin and results in opening and closing of the prosthetic arm claw. Moreover, researchers at the University of Chicago are developing brain-controlled prosthetics, which can be achieved by implanting electrodes in the motor cortex region of the brain. The changes taking place in the motor area by using electrodes can be recorded and accordingly the robotic arm can be manufactured and attached to the patient as a prosthetic.
Higher incidences of limb loss in the global population has been reported. For instance, according to the National center for Biotechnology Information, (NCBI), 2017, limb loss may occur in people suffering from disease, injury or surgery, while congenital limb loss exists from birth. Out of total amputations, lower limb and upper limb amputations account for 84% and 16% respectively. According to the same source, a person suffering from diabetes has chance of 10-30 times more of undergoing lower limb amputation as compared to the general population. Moreover, according to the same source, around 20%-50% of diabetes – amputees, world-wide, will require a second leg amputation within one to three years, and over 50% of the people undergone amputation in one limb will require another amputation within five years.
There are certain advantages of using nanoengineered prosthetics over conventional prosthetics such as nanoengineered prosthetics have better compatibility with the body or the body parts in which they are incorporated, enhance mechanical stability, improved durability, fast integration of the prosthetics in the body or organ of the patient, optimal design, high fatigue resistance, high wear resistance, better hygiene, less toxicity, and greater strength.
Global Nanoengineered Prosthetics Market Restraints
Alternative options for nanoengineered prosthetics are expected to restrain global nano engineered prosthetics market growth over the forecast period. Osseo integration is the alternative surgical method for prosthetic users, in which the load bearing metal is in direct contact with the bone of the arm or leg and penetrates through skin. It directly attaches to the removable prosthesis through a connector. According to National center for Biotechnology Information, (NCBI), Osseo integration is widely used procedure for amputation in Europe and Australia. Moreover, advantages of Osseo integration is that it is easy to wear and take off.
There are some disadvantages of using nano engineered prosthetics as compared to other conventional prosthetics. For instance, it is an expensive treatment and may lead to side-effects, or even complete rejection of implantation may occur in patients using the prosthetics. These factors are expected to restrain the global nano engineered prosthetics market growth over the forecast period.
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Global Nano engineered Prosthetics Market Regional Analysis
North America is expected to hold dominant position in the global nano engineered prosthetics market over the forecast period, owing to large amount of research and launch of new products by the major manufacturers in North America. For instance, in January 2019, researchers in the University of California San Diego School of Medicine and the Institute of Engineering in Medicine, in collaboration, manufactured a 3D printed spinal cord scaffolds, which are filled with neural stem cells. Moreover, according to National Center for Biotechnology Information, (NCBI), 2017, the nanodaimonds are emerging class of biologically compatible carbon-based nanomaterials that are expected to possess a set of unique properties which are essential for the design of innovative therapies in the fields of drug delivery, tissue engineering and bioimaging.
Moreover, manufacturers from Asia Pacific regions are indulged in manufacturing new products in the global nanoengineered prosthetics market. For instance, Jyoti Ceramic Industries Pvt. Ltd launched Jyodent in 2017, available in the U.S. It consist of a biocompatible ceramic block, which is composed of Zirconium and is stabilized with Yttrium and enriched with Aluminum. It is responsible for balancing the color and translucency (aesthetics) of the teeth with the strength or function.
Higher incidences of limb loss is increasing in the regions of North America. For instance, according to National Centre for Biotechnology Information, (NCBI), 2016, there were around 2.1 million people with limb loss in the U.S., and it is expected to be double by 2050. Moreover, according to the same source, in U.S., 185,000 people have amputation each year and. 300 to 500 amputations are performed every day. Furthermore, International Diabetes Federation (IDF), 2017, estimates that current global prevalence of diabetes will increase from 285 million to 435 million by 2030, which is the main cause of limb loss.
Global Nano engineered Prosthetics Market Key Players
Some of the key players operating in the global nano engineered prosthetics market include Fluidinova, CAM Bioceramics B.V., 3D Systems, Inc., Merz North America, Inc., Carl Zeiss AG, Sono-Tek Corporation., Jyoti Ceramic Industries Pvt. Ltd, Ceramaret, Hanwha Chemical corporation, and Ad-Nano Technologies Private Limited.
Market Taxonomy
By Material
Calcium Hydroxyapatite Nanoparticles
Pastes
Powders
Blocks
Granules
Injection
Carbon Nanotubes
Titanium Oxide
Others
By Application
Orthopedic Prosthetics
Neuroprosthetics
Myoelectric Prosthetics
Dental Implants
Cardiovascular Implants
Others
By End User
Hospitals
Ambulatory Surgical Centers
Aesthetic Clinics
Others
By Region
North America
Latin America
Europe
Asia Pacific
Middle East
Africa
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Global Medical Exoskeleton Market Insights And Forecast To 2020-2025
A new market study, “Global Medical Exoskeleton Market Insights And Forecast To 2020-2025 ” has been featured on WiseGuyReports.
Global Medical Exoskeleton Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and also about each type from 2015 to 2026. This section mentions the volume of production by region from 2015 to 2026. Pricing analysis is included in the report according to each type from the year 2015 to 2026, manufacturer from 2015 to 2020, region from 2015 to 2020, and global price from 2015 to 2026.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Also Read : https://www.newsmaker.com.au/news/377786/global-medical-exoskeleton-market-report-2020-by-supply-demand-consumption-sale-price-share-revenue-covid19-impact-and-top-manufacturers#.Xx5kHlUzbIU
Market Segment Analysis
The research report includes specific segments by Type and by Application. Each type provides information about the production during the forecast period of 2015 to 2026. Application segment also provides consumption during the forecast period of 2015 to 2026. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Metal
Plastic
Segment by Application
Wheelchair
Prosthesis
Other
Global Medical Exoskeleton Market: Regional Analysis
The report offers in-depth assessment of the growth and other aspects of the Medical Exoskeleton market in important regions, including the U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, Taiwan, Southeast Asia, Mexico, and Brazil, etc. Key regions covered in the report are North America, Europe, Asia-Pacific and Latin America.
The report has been curated after observing and studying various factors that determine regional growth such as economic, environmental, social, technological, and political status of the particular region. Analysts have studied the data of revenue, production, and manufacturers of each region. This section analyses region-wise revenue and volume for the forecast period of 2015 to 2026. These analyses will help the reader to understand the potential worth of investment in a particular region.
Global Medical Exoskeleton Market: Competitive Landscape
This section of the report identifies various key manufacturers of the market. It helps the reader understand the strategies and collaborations that players are focusing on combat competition in the market. The comprehensive report provides a significant microscopic look at the market. The reader can identify the footprints of the manufacturers by knowing about the global revenue of manufacturers, the global price of manufacturers, and production by manufacturers during the forecast period of 2015 to 2019.
The major players in the market include Axosuits, Maxon Motor, Robohub, Exofin, Festo Corporate, etc.
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Global Medical Exoskeleton Market - Industry Analysis, Size, Share, Growth, Trends and Forecast - 2026
Summary - A new market study, titled “ Global Medical Exoskeleton Market - Industry Analysis, Size, Share, Growth, Trends and Forecast - 2026 ” has been featured on WiseGuyReports.
Global Medical Exoskeleton Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and also about each type from 2015 to 2026. This section mentions the volume of production by region from 2015 to 2026. Pricing analysis is included in the report according to each type from the year 2015 to 2026, manufacturer from 2015 to 2020, region from 2015 to 2020, and global price from 2015 to 2026.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Market Segment Analysis
The research report includes specific segments by Type and by Application. Each type provides information about the production during the forecast period of 2015 to 2026. Application segment also provides consumption during the forecast period of 2015 to 2026. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Metal
Plastic
Segment by Application
Wheelchair
Prosthesis
Other
ALSO READ : https://www.newsmaker.com.au/news/377786/global-medical-exoskeleton-market-report-2020-by-supply-demand-consumption-sale-price-share-revenue-covid19-impact-and-top-manufacturers#.XzU62ugzbIV
Global Medical Exoskeleton Market: Regional Analysis The report offers in-depth assessment of the growth and other aspects of the Medical Exoskeleton market in important regions, including the U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, Taiwan, Southeast Asia, Mexico, and Brazil, etc. Key regions covered in the report are North America, Europe, Asia-Pacific and Latin America. The report has been curated after observing and studying various factors that determine regional growth such as economic, environmental, social, technological, and political status of the particular region. Analysts have studied the data of revenue, production, and manufacturers of each region. This section analyses region-wise revenue and volume for the forecast period of 2015 to 2026. These analyses will help the reader to understand the potential worth of investment in a particular region. Global Medical Exoskeleton Market: Competitive Landscape This section of the report identifies various key manufacturers of the market. It helps the reader understand the strategies and collaborations that players are focusing on combat competition in the market. The comprehensive report provides a significant microscopic look at the market. The reader can identify the footprints of the manufacturers by knowing about the global revenue of manufacturers, the global price of manufacturers, and production by manufacturers during the forecast period of 2015 to 2019. The major players in the market include Axosuits, Maxon Motor, Robohub, Exofin, Festo Corporate, etc.
MORE DETAILS: https://www.wiseguyreports.com/reports/5067764-global-medical-exoskeleton-market-research-report-2020
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Wise Guy Reports is part of the Wise Guy Research Consultants Pvt. Ltd. and offers premium progressive statistical surveying, market research reports, analysis & forecast data for industries and governments around the globe.
Contact Us:
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Ph: +162-825-80070 (US)
Ph: +44 2035002763 (UK)
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Neuroprosthetics Market is Expected to Reach $14 Billion, Globally, by 2020
Neuroprosthetics Market is expected to garner $14 billion by 2020, registering a CAGR of 15.8% during the forecast period 2014-2020. High prevalence of chronic diseases and growing healthcare awareness has boosted the market growth for neuroprosthetic devices/implants. This research report provides pin-point analysis of the global neuroprosthetics market, including market estimates and trends through 2020. The report contains an in-depth analysis of different segments such as neuroprosthetics technologies, types, applications and geography. This report is focused on four major neuroprosthetics technologies namely, deep brain stimulation, spinal cord stimulation, vagus nerve stimulation and sacral nerve stimulation.
The report provides intellect regarding the application of neuroprosthetic devices/implants in the treatment of different diseases such as, parkinson's disease, Alzheimer’s disease, visual impairment and blindness, severe depression, epilepsy, auditory disorders, cardiovascular disorders and kidney disorders. The report confers various value chain entities such as Conventional drug therapy/devices, External/wearable devices, Neurostimulators (brain-machine interfaces), embedded systems. However, the report excludes external stimulation technologies such as transmagnetic stimulation (TMS).
Neuroprosthetic devices/implants are technically advanced products that involves different technologies for its manufacturing/functioning such as local field potential, automated movable electrical probes, MRI, image guided surgical technique etc. These technological developments have occupied neuroprosthetics arena with innumerable replacement strategies, rehabilitation procedures and neuromodulation therapies to improve the quality of life for patients with neuromotor disorders. Advancement in technology has assisted to develop the personalize neurotechnologies and rehabilitation for patient specific neural impairments to accomplish the timely dissemination of neuroprosthetic treatment Cochlear implants and retinal implants are the examples of technologically advanced neuroprosthetic products that have helped deaf and blind population respectively. Argus II retinal prosthesis is EU and USFDA approved commercial available visual prosthesis that improves the vision in patient with retinitis pigmentosa. Thus, with continually advancing technologies, the impact of this factor is expected to augment in near future.
Neuroprosthetics implants/devices are the costlier products that can be afforded by the consumers with high disposable incomes. Moreover, these devices require the training and skills for their use. In developed countries, can afford neuroprosthetics treatments due to presence of high income groups and awareness of these therapies amongst people. However, in emerging markets people are not much aware about these therapies and requires rigorous training sessions to improve the literacy of people about these therapies to gain the considerable market share. Though, emerging markets are the lucrative opportunities for neuroprosthetics manufacturers, much focus is needed to improve the knowledge of people about these therapies Increasing government initiative to improve healthcare conditions is assisting patients in emerging economies to achieve the advantage from such therapies. Moreover, in emerging regions, disposable incomes are rising; which has benefited the healthcare industry through expanding healthcare expenses; thus, impact of this factor would grow in future.
Many companies have launched products in different application areas such as, motor neuron disorders, physiological disorders, and other diseased/traumatic neural conditions. Physiological disorders include auditory disorders, ophthalmic disorders, cardiovascular disorders, chronic pain and kidney disorders. Motor neuron disorders includes Parkinson’s disease, epilepsy, dystonia and other movement disorders. Amongst these different application segments, a large number of product approvals, have occurred in the physiological disorders segment, which is shown to be the dominating application for product approval strategy.
#neuroprosthetics market#deep brain stimulation#vagus nerve stimulation#spinal cord stimulation#sacral nerve stimulation
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New Research - Global Bone Glue Market Size, Share, Dynamic Research, Insights, Regional Outlook And Forecasts 2025 - Credence Research
The latest market report published by Credence Research, Inc. “Bone Glue Market - Growth, Future Prospects, Competitive Analysis, 2017 - 2025,” the global bone glue market was valued at US$ 1,050.4 Mn in 2016, and is expected to reach US$ 1,863.9 Mn by 2025 expanding at a CAGR of 6.54 % from 2017 to 2025.
Browse the full report Bone Glue Market - Growth, Future Prospects, Competitive Analysis, 2017 – 2025 report at http://www.credenceresearch.com/report/bone-glue-market
Market Insights:
According to the World Health Organization the global incidence rate of knee surgery is 175 procedures per 100,000 population. Technological advancement in evolving the nature of bone glue and adhesives with the use of biodegradable lysine polymers employed as an adhesive to form molecular bond between tissue layers and reducing the dead spaces existing between subcutaneous tissues. Synthetic bone glues are being loaded with antibiotics in their matrix to overcome infection due to prosthesis. In the near future, bone glue products will be facing tremendous competition with orthopedic orthotic devices used in joints surgical procedures.
Natural bone glue is the most desirable product due to its enhanced biocompatibility, hemocompatibility and easy availability of raw materials. Synthetic bone glue are going to capture the market in the near future owing to its excellent properties such as enhanced adhesive properties and thermal stability. Arthroplasty is the leader in the application segment as a result of rising complications from osteoporosis. Trauma and spine injury will record a steady growth due to increasing number of motor accidents in the developed nations and injuries inflicted due to occupational hazards in developing nations.
North America is the front runner in global bone glue market due to increasing number of geriatric population suffering with osteoporosis and participation in competitive environment prevalent in sports leading to more athletes suffering with sports injuries. Asia Pacific will register exemplary growth for the duration 2015-2025 in bone glue market on account of increasing demand for arthroplasty surgical procedures and rise in domestic players actively engaged in the production of natural and synthetic bone glues.
The prime players involved in the manufacturing of Bone Glue are Baxter International, Inc., Integra LifeSciences Corporation, Cryolife, B. Braun Melsungen AG, C.R. Bard, Inc., Johnson and Johnson Private Limited, Cohera Medical, Inc., Chemence Medical, Inc., Luna Innovations Incorporated and Tissuemed Ltd., DENTSPLY SIRONA, Inc.
Browse the full report Bone Glue Market - Growth, Future Prospects, Competitive Analysis, 2017 – 2025 report at http://www.credenceresearch.com/report/bone-glue-market
Key Market Movements:
Rising prevalence of osteoporosis and increasing demand for arthroplasty surgical procedure
Increasing funding in the research and development of novel bone glue products
Rapid industrialization and urbanization in the developing countries has resulted in increasing number of injuries inflicted due to occupational hazards
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Medical Exoskeleton Industry Report 2017 : Size, Share, Latest Trend, Growth, Analysis and Forecast
The global Medical Exoskeleton market is valued at XX million USD in 2016 and is expected to reach XX million USD by the end of 2022, growing at a CAGR of XX% between 2016 and 2022.
China plays an important role in global market, with market size of xx million USD in 2016 and will be xx million USD in 2022, with a CAGR of xx%.
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This report studies the Medical Exoskeleton development status and future trend in China, focuses on top players in China, also splits Medical Exoskeleton by type and by applications, to fully and deeply research and reveal the market general situation and future forecast.
The major players in China market include
• Axosuits
• Maxon Motor
• Robohub
• Exofin
• Festo Corporate
Geographically, this report splits the China market into six regions,
• South China
• East China
• Southwest China
• Northeast China
• North China
• Central China
• Northwest China
On the basis of product, this report displays the sales volume (K Units), revenue (Million USD), product price (USD/Unit), market share and growth rate of each type, primarily split into
• Metal
• Plastic
Browse Full Research Report with TOC on https://www.radiantinsights.com/research/china-medical-exoskeleton-industry-2017-market
On the basis of the end users/application, this report covers
• Wheelchair
• Prosthesis
• Other
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