Upper Limb Prosthetics Market will expand at healthy CAGR of 4

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Upper limb prosthetic sales in 2019 are estimated to close in on US$ 330 Mn, and record a Y-o-Y growth of 4.4% over 2018, according to a new study of Future Market Insights (FMI). Upper limb prosthetics have been witnessing progressing sales scenario at a modest pace over the recent past. Besides a rising trend of cosmetic prosthetics, prevalence of sports injuries is significantly contributing to the demand growth of upper limb prosthetics in the global market.

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Upper Limb Prosthetics Market will expand at healthy CAGR of 4.8 in 2028 Healthcare Pharmaceuticals Medical Devices February 2019 ©2015 Future Market Insights All Rights Reserved Report Id : REP-GB-8991 Status : Publish Category : Healthcare Pharmaceuticals Medical Devices

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About Future Market Insights ©2015 Future Market Insights All Rights Reserved Future Market Insights FMI is a premier provider of syndicated research reports custom research reports and consulting services. We deliver a complete packaged solution which combines current market intelligence statistical anecdotes technology inputs valuable growth insights aerial view of the competitive framework and future market trends. We provide research services at a global as well as regional level key regions include GCC ASEAN and BRIC. Our offerings cover a broad spectrum of industries including Chemicals Materials Energy Technology Healthcare and Retail. We have a global presence with delivery centers across India specializing in providing global research reports and country research reports. FMI is headquartered out of London U.K. with a state-of-the-art delivery center located in Pune India. We combine our knowledge and learning from every corner of the world to distill it to one thing – the perfect solution for our client. Research Capabilities Subscription Information  Customized Research  Syndicated Research  Investment Research  Social Media Research Sector Coverage  Automotive and Transportation  Electronics Semiconductor and ICT  Retail and Consumer Products  Industrial Automation and Equipment  Chemicals Materials  Food and Beverages  Services and Utilities  Energy Mining Oil and Gas For detailed subscription information please contact Hari. T Sr. Manager - Global Business Development T: +44 0 20 7692 8790 | D: +44 20 3287 4268 Email: hari.tfuturemarketinsights.com Customized Research Syndicated Research Investment Research Social Media Research 2

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Research Methodology 1/2 Systematic Research Approach In-depth secondary research is used to ascertain overall market size top industry players top products industry associations etc. FMI formulates a detailed discussion guide to conduct expert and industry interviews FMI develops a list of industry players manufacturers distributors retailers and industry experts FMI conducts interviews with industry experts industry players distributors and retailers Data is validated by triangulation method wherein secondary primary and FMI analysis contribute to the final data Data is scrutinized using MS-Excel to obtain qualitative and quantitative insights about the industry FMI delivers industry insights and information in the required format PDF Data Collection Data Filter Analysis Research Intelligence Actionable Insights Business Solution A C B Primary Research Company Analysis Desk Research  Identifying key opinion leaders  Questionnaire design  In-depth interviews  Coverage across value chain  Market participants  Key strengths  Product portfolio  Mapping as per value chain  Key focus segments  Key industry experts  Channel study  Developments  Market dynamics  Products  Conclusions SOLUTION Primary Research  Linkedin  Zoominfo  Salesforce  Avention  Factiva  GBI  Genios  Meltwater  Company websites  Company annual reports  White papers  Financial reports ©2015 Future Market Insights All Rights Reserved Secondary Research Paid Publications Insights Market profiling Formulating discussion guide Developing list of respondents Data analysis Data validation Data collection 1 2 3 4 5 6 7 includes sources of databases 3

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Upper limb prosthetic sales in 2019 are estimated to close in on US 330 Mn and record a Y-o-Y growth of 4.4 over 2018 according to a new study of Future Market Insights FMI. Upper limb prosthetics have been witnessing progressing sales scenario at a modest pace over the recent past. Besides a rising trend of cosmetic prosthetics prevalence of sports injuries is significantly contributing to the demand growth of upper limb prosthetics in the global market. Use of additive manufacturing/3D printing for prosthetics has been gaining momentum within the marketplace particularly among amputees who are unable to afford the high price point associated with conventional limb prosthetics. Adoption of upper limb prosthetics has been pervasive at hospitals at a steadily increasing rate. FMI expects a higher rate of adoption across prosthetic clinics in the years to come. However an expensive price point coupled with mass production incompatibility is most likely to limit rapid revenue growth of upper limb prosthetics market. Several prominent players in the competitive landscape of upper limb prosthetics market are prioritizing new product launches eyeing the opportunities lying in competitive price ranges. While this strategy is likely to aid companies improve penetration into developing markets others will also focus on development of convenient accessories to assist the usage of upper limb prosthetics – such as hand gloves. Request Sample Copy of Report https://www.futuremarketinsights.com/reports/sample/rep-gb- 8991 Upper Limb Prosthetics Market Analysis ©2015 Future Market Insights All Rights Reserved 4

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As per FM I ’ s analysis a considerable number of companies competing in upper limb prosthetics market are concentrating on providing rehabilitative prosthetic services and amputee care. Consistently increasing demand for prostheses following accidental and aging related disabilities will primarily push sales of upper limb prosthetics. Rapid surge in the number of orthopedic disorders and post-traumatic disabilities will also remain a key factor determining demand for upper limb prosthetics in the near future according to the report. Prosthetic Wrist to Hold over One-Fourth Market Share Transradial disarticulation below elbow will remain the key indication generating maximum demand for upper limb prosthetics. The report points to a higher revenue share of over 1/4 th of the total value collectively contributed by wrist disarticulation and transhumeral disarticulation above elbow. Sale of partial hand has also been registering a moderately growing share in the market revenue. Prosthetic wrist sales account for over a fourth of the total market value whereas prosthetic arm is likely to develop highest-selling potential in the years to come. Prosthetic elbow and terminal devices are currently among highly sought after components of upper limb prosthetics after prosthetic wrist according to FMI ’ s study. The combined revenue share of these two in the market has been anticipated to be more than 45 in 2019. However prosthetic shoulders will also continue to experience moderate demand over the course of next few years. Upper Limb Prosthetics Market Analysis ©2015 Future Market Insights All Rights Reserved 5

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Almost 2/5 th of the total demand for upper limb prosthetics is accounted by myoelectric prosthetic devices followed by body powered counterparts. As per FMI ’ s analysis passive prosthetic devices can be positioned as a relatively lucrative type of upper limb prosthetics. North America Europe Hold over 55 Share in Market Value While more than 55 share of the global market revenue is contributed by developed regional markets the penetration of upper limb prosthetics within most of the developing regions remains in its latency. According to FMI ’ s study the market in China India and some of the fast-developing economies in East and South Asia economies hints at promising growth prospects post 2019. The report attributes this growth to the sophistication of healthcare infrastructure improvements in reimbursement scenario rapid expansion of the patient pool and the flourishing medical tourism sector. Increasing per capita healthcare spending spike in the private and public investments in RD and the influx of activities involving shifting of manufacturing bases to developing regional pockets have also been instrumental in establishing a positive growth outlook for upper limb prosthetics market in these regions. Upper Limb Prosthetics Market Analysis ©2015 Future Market Insights All Rights Reserved 6

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FMI forecasts a 4.8 CAGR for the upper limb prosthetics market revenue over 2018-2028. The report has tracked some of the most prominent players active in the global upper limb prosthetics market including Fillauer LLC Touch Bionics Inc. Endolite India Ltd. College Park Industries and Ottobock SE Co. KGaA among others. Request to View TOC https://www.futuremarketinsights.com/askus/rep-gb-8991 Upper Limb Prosthetics Market Analysis ©2015 Future Market Insights All Rights Reserved 7 Click here to Order a free sample

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©2015 Future Market Insights All Rights Reserved Future Market Insights Global Consulting Private Limited FMI Thank You To know more about us please visit our website: www.futuremarketinsights.com For sales queries or new topics email us on: salesfuturemarketinsights.com For media queries contact the press office at pressfuturemarketinsights.com For other queries contact: Hari. T Sr. Manager - Global Business Development Future Market Insights: 3rd Floor 207 Regent Street London W1B 3HH T: +44 20 7692 8790 | D: +44 20 3287 4268 Email: hari.tfuturemarketinsights.com 8

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