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Myoelectric Prosthetics Market Forecast to 2027

The Global Myoelectric Prosthetics Industry is expanding at a rapid pace. Myoelectric prosthetics uses the existing muscles in a personu2019s residual limb to control its functions. Many myoelectric prosthesis companies operate in the marketplace to provide myoelectric prosthetic arm and myoelectric prosthetic leg to patients. Myoelectric hand prosthetics are a rapidly growing sector of the industry.

KiranGaikwad
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Myoelectric Prosthetics Market Forecast to 2027

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  1. Myoelectric Prosthetics Market To Reach USD 656.99 Million by 2026

  2. Market Summary Increasing number of Critical Limb Ischemia (CLI) cases across the world, along with high investments in 3D printing technology for medical development will drive the market at a high CAGR during the forecast period.Market trends- Rise in diabetes and other lifestyle related illnesses leading to Critical Limb Ischemia (CLI), coupled with increasing accidents requiring limb amputation from the Asia Pacific region is boosting the global myoelectric prosthetics market, North America expected to register the largest market share during the forecast period. According to the current analysis of Reports and Data, the Global Myoelectric Prosthetics market was valued at USD 165.87 million in 2018 and is expected to reach USD 656.99 million by year 2026, at a CAGR of 18.7%. Further key findings from the report suggest : • North America had the leading share in the myoelectric prosthetics market in 2018, chiefly because of the converging trends of their increased adoption rate of new technology, rise in the number and cases of Critical Limb Ischemia (CLI) and increased investments in the field. • Asia Pacific region will witness the highest CAGR during the forecast period on account of estimated rise in the numbers of road and vehicular accidents requiring amputations and an increased need of low-cost solutions to provide prosthetics. www.reportsanddata.com

  3. Key Players: • Ottobock SE & Co. KGaA, Steeper, Inc., Human Technology, Inc., Touch Bionics, Inc., Liberating Technologies, Inc., Coapt, LLC, Aetna, Inc., Ambionics Pvt Ltd., OpenBionics, Shadow Robot Company, amongst others • Segmentation: • Type Revenue, USD Million; 2016–2026), Upper-extremity prostheses, Arm myoelectric prosthetics, Hand myoelectric prosthetics, Shoulder myoelectric prosthetics, Lower-extremity prostheses, Leg myoelectric prosthetics, Hip joint myoelectric prosthetics • Technology Revenue, USD Million; 2016–2026), Proportional control, On–off control, Machine learning, Finite state machine, Pattern recognition, Postural control • End Use Revenue, USD Million; 2016–2026), Specialty Orthopaedic Clinics, Hospitals, Others www.reportsanddata.com

  4. Regional Myoelectric Prosthetics Market (Regional Output, Demand & Forecast by Countries):- • North America (United States, Canada, Mexico) • South America (Brazil, Argentina, Ecuador, Chile) • Asia Pacific (China, Japan, India, Korea) • Europe (Germany, UK, France, Italy) • Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran) and More. www.reportsanddata.com

  5. Major highlights of the report: • An all-inclusive evaluation of the parent market • The evolution of significant market aspects • Industry-wide investigation of market segments • Assessment of the market value and volume in the past, present and forecast years • Market share evaluation • Study of niche industrial sectors • Tactical approaches of the market leaders • Lucrative strategies to help companies strengthen their position in the market www.reportsanddata.com

  6. About Us: Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Contact Us: John Watson Head of Business Development Reports And Data | Web: www.reportsanddata.com Direct Line: +1-212-710-1370 E-mail: sales@reportsanddata.com

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