Asia Pacific Upper Limb Prosthetics Market 2023-2031 by Product Type (Mechanical, Myoelectric, Hybrid, Passive), Component (Elbow, Arm, Shoulder, Wrist, Others), Cause (Diabetes and Vascular Disease, Cancer, Accidents and Trauma), End User (Hospitals, Prosthetic Clinics, Others), and Country: Trend Forecast and Growth Opportunity
- Report ID: 57511
- Date: May, 2023
- Pages: 94
- Category: Healthcare & Pharmaceuticals
Asia Pacific upper limb prosthetics market will grow by 6.1% annually with a total addressable market cap of $ 2,099.7 million over 2022-2031, driven by the rising prevalence of bone infection in the elderly population, the increasing incidence of accidents and trauma, the growing prevalence of diabetes, and the technological advancements in prosthetics along with more R&D investment in the industry.
Highlighted with 28 tables and 43 figures, this 94-page report “Asia Pacific Upper Limb Prosthetics Market 2021-2031 by Product Type (Mechanical, Myoelectric, Hybrid, Passive), Component (Elbow, Arm, Shoulder, Wrist, Others), Cause (Diabetes and Vascular Disease, Cancer, Accidents and Trauma), End User (Hospitals, Prosthetic Clinics, Others), and Country: Trend Forecast and Growth Opportunity” is based on comprehensive research of the entire Asia Pacific upper limb prosthetics market and all its sub-segments through extensively detailed classifications.
Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2019-2021 and provides forecast from 2023 till 2031 with 2022 as the base year.
(Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
In-depth qualitative analyses include identification and investigation of the following aspects:
• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter’s Fiver Forces
The trend and outlook of Asia Pacific market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19 and Russia-Ukraine conflict. The balanced (most likely) projection is used to quantify Asia Pacific upper limb prosthetics market in every aspect of the classification from perspectives of Product Type, Component, Cause, End User, and Country.
Based on Product Type, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) for 2023-2031 included in each section.
• Body Powered/Mechanical Prosthetics
• Externally Powered/Myoelectric Prosthetics
• Hybrid Prosthetics
• Passive Prosthetics
Based on Component, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) for 2023-2031 included in each section.
• Prosthetic Elbow
• Prosthetic Arm
• Prosthetic Shoulder
• Prosthetic Wrist
• Other Components
By Cause, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) for 2023-2031 included in each section.
• Diabetes and Vascular Disease
• Cancer
• Accidents and Trauma
By End User, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) for 2023-2031 included in each section.
• Hospitals
• Prosthetic Clinics
• Other End Users
Geographically, the following national/local markets are fully investigated:
• Japan
• China
• South Korea
• Australia
• India
• Rest of APAC (further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)
For each key country, detailed analysis and data for annual revenue ($ mn) are available for 2023-2031. The breakdown of national markets by Product Type, Component and End User over the forecast years are also included.
The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Selected Key Players:
Blatchford Limited (Endolite India Ltd.)
Coapt LLC
Fillauer LLC
Open Bionics Ltd.
Ortho Europe
Ossur Global
Ottobock SE & Co. KgaA
Protunix
Steeper, Inc.
WillowWood Global, LLC
(Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
1 Introduction 6
1.1 Industry Definition and Research Scope 6
1.1.1 Industry Definition 6
1.1.2 Research Scope 7
1.2 Research Methodology 10
1.2.1 Overview of Market Research Methodology 10
1.2.2 Market Assumption 11
1.2.3 Secondary Data 11
1.2.4 Primary Data 11
1.2.5 Data Filtration and Model Design 12
1.2.6 Market Size/Share Estimation 13
1.2.7 Research Limitations 14
1.3 Executive Summary 15
2 Market Overview and Dynamics 18
2.1 Market Size and Forecast 18
2.1.1 Impact of COVID-19 on World Economy 19
2.1.2 Impact of COVID-19 on the Market 21
2.2 Major Growth Drivers 23
2.3 Market Restraints and Challenges 28
2.4 Emerging Opportunities and Market Trends 31
2.5 Porter’s Fiver Forces Analysis 35
3 Segmentation of Asia Pacific Market by Product Type 39
3.1 Market Overview by Product Type 39
3.2 Body Powered/Mechanical Prosthetics 41
3.3 Externally Powered/Myoelectric Prosthetics 42
3.4 Hybrid Prosthetics 43
3.5 Passive Prosthetics 44
4 Segmentation of Asia Pacific Market by Component 45
4.1 Market Overview by Component 45
4.2 Prosthetic Elbow 47
4.3 Prosthetic Arm 48
4.4 Prosthetic Shoulder 49
4.5 Prosthetic Wrist 50
4.6 Other Components 51
5 Segmentation of Asia Pacific Market by Cause 52
5.1 Market Overview by Cause 52
5.2 Diabetes and Vascular Disease 54
5.3 Cancer 55
5.4 Accidents and Trauma 56
6 Segmentation of Asia Pacific Market by End User 57
6.1 Market Overview by End User 57
6.2 Hospitals 59
6.3 Prosthetic Clinics 60
6.4 Other End Users 61
7 Asia-Pacific Market 2021-2031 by Country 62
7.1 Overview of Asia-Pacific Market 62
7.2 Japan 65
7.3 China 68
7.4 Australia 71
7.5 India 73
7.6 South Korea 75
7.7 Rest of APAC Region 77
8 Competitive Landscape 79
8.1 Overview of Key Vendors 79
8.2 New Product Launch, Partnership, Investment, and M&A 82
8.3 Company Profiles 83
Blatchford Limited (Endolite India Ltd.) 83
Coapt LLC 85
Fillauer LLC 86
Open Bionics Ltd. 87
Ortho Europe 88
Ossur Global 89
Ottobock SE & Co. KgaA 90
Protunix 91
Steeper, Inc. 92
WillowWood Global, LLC 93
RELATED REPORTS 94
List of Tables
List of Tables:
Table 1. Snapshot of Asia Pacific Upper Limb Prosthetics Market in Balanced Perspective, 2021-2031 16
Table 2. World Economic Outlook, 2021-2031 20
Table 3. World Health Spending by Region, $ bn, 2013-2020 27
Table 4. Main Product Trends and Market Opportunities in Asia Pacific Upper Limb Prosthetics Market 31
Table 5. Asia Pacific Upper Limb Prosthetics Market by Product Type, 2021-2031, $ mn 39
Table 6. Asia Pacific Upper Limb Prosthetics Market by Component, 2021-2031, $ mn 45
Table 7. Asia Pacific Upper Limb Prosthetics Market by Cause, 2021-2031, $ mn 52
Table 8. Asia Pacific Upper Limb Prosthetics Market by End User, 2021-2031, $ mn 57
Table 9. APAC Upper Limb Prosthetics Market by Country, 2021-2031, $ mn 63
Table 10. Japan Upper Limb Prosthetics Market by Product Type, 2021-2031, $ mn 67
Table 11. Japan Upper Limb Prosthetics Market by Component, 2021-2031, $ mn 67
Table 12. Japan Upper Limb Prosthetics Market by End User, 2021-2031, $ mn 67
Table 13. China Upper Limb Prosthetics Market by Product Type, 2021-2031, $ mn 69
Table 14. China Upper Limb Prosthetics Market by Component, 2021-2031, $ mn 69
Table 15. China Upper Limb Prosthetics Market by End User, 2021-2031, $ mn 69
Table 16. Australia Upper Limb Prosthetics Market by Product Type, 2021-2031, $ mn 72
Table 17. Australia Upper Limb Prosthetics Market by Component, 2021-2031, $ mn 72
Table 18. Australia Upper Limb Prosthetics Market by End User, 2021-2031, $ mn 72
Table 19. India Upper Limb Prosthetics Market by Product Type, 2021-2031, $ mn 74
Table 20. India Upper Limb Prosthetics Market by Component, 2021-2031, $ mn 74
Table 21. India Upper Limb Prosthetics Market by End User, 2021-2031, $ mn 74
Table 22. South Korea Upper Limb Prosthetics Market by Product Type, 2021-2031, $ mn 76
Table 23. South Korea Upper Limb Prosthetics Market by Component, 2021-2031, $ mn 76
Table 24. South Korea Upper Limb Prosthetics Market by End User, 2021-2031, $ mn 76
Table 25. Upper Limb Prosthetics Market in Rest of APAC by Country/Region, 2021-2031, $ mn 78
Table 26. Blatchford Limited (Endolite India Ltd.): Company Snapshot 83
Table 27. Blatchford Limited (Endolite India Ltd.): Business Segmentation 84
Table 28. Blatchford Limited (Endolite India Ltd.): Product Portfolio 84
List of Figures
List of Figures:
Figure 1. Research Method Flow Chart 10
Figure 2. Bottom-up Approach and Top-down Approach for Market Estimation 13
Figure 3. Asia Pacific Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2021-2031 15
Figure 4. Asia Pacific Upper Limb Prosthetics Market, 2021-2031, $ mn 18
Figure 5. Impact of COVID-19 on Business 21
Figure 6. Primary Drivers and Impact Factors of Asia Pacific Upper Limb Prosthetics Market 23
Figure 7. Worldwide Geriatric Population (60 years and above) by Regions, 2015 & 2030, million 26
Figure 8. World Population 65 and Over, % of Total Population, 1950-2060 26
Figure 9. Primary Restraints and Impact Factors of Asia Pacific Upper Limb Prosthetics Market 28
Figure 10. Investment Opportunity Analysis 32
Figure 11. Porter’s Fiver Forces Analysis of Asia Pacific Upper Limb Prosthetics Market 35
Figure 12. Breakdown of Asia Pacific Upper Limb Prosthetics Market by Product Type, 2021-2031, % of Revenue 40
Figure 13. Asia Pacific Addressable Market Cap in 2022-2031 by Product Type, Value ($ mn) and Share (%) 40
Figure 14. Asia Pacific Upper Limb Prosthetics Market by Product Type: Body Powered/Mechanical Prosthetics, 2021-2031, $ mn 41
Figure 15. Asia Pacific Upper Limb Prosthetics Market by Product Type: Externally Powered/Myoelectric Prosthetics, 2021-2031, $ mn 42
Figure 16. Asia Pacific Upper Limb Prosthetics Market by Product Type: Hybrid Prosthetics, 2021-2031, $ mn 43
Figure 17. Asia Pacific Upper Limb Prosthetics Market by Product Type: Passive Prosthetics, 2021-2031, $ mn 44
Figure 18. Breakdown of Asia Pacific Upper Limb Prosthetics Market by Component, 2021-2031, % of Sales Revenue 46
Figure 19. Asia Pacific Addressable Market Cap in 2022-2031 by Component, Value ($ mn) and Share (%) 46
Figure 20. Asia Pacific Upper Limb Prosthetics Market by Component: Prosthetic Elbow, 2021-2031, $ mn 47
Figure 21. Asia Pacific Upper Limb Prosthetics Market by Component: Prosthetic Arm, 2021-2031, $ mn 48
Figure 22. Asia Pacific Upper Limb Prosthetics Market by Component: Prosthetic Shoulder, 2021-2031, $ mn 49
Figure 23. Asia Pacific Upper Limb Prosthetics Market by Component: Prosthetic Wrist, 2021-2031, $ mn 50
Figure 24. Asia Pacific Upper Limb Prosthetics Market by Component: Other Components, 2021-2031, $ mn 51
Figure 25. Breakdown of Asia Pacific Upper Limb Prosthetics Market by Cause, 2021-2031, % of Sales Revenue 53
Figure 26. Asia Pacific Addressable Market Cap in 2022-2031 by Cause, Value ($ mn) and Share (%) 53
Figure 27. Asia Pacific Upper Limb Prosthetics Market by Cause: Diabetes and Vascular Disease, 2021-2031, $ mn 54
Figure 28. Asia Pacific Upper Limb Prosthetics Market by Cause: Cancer, 2021-2031, $ mn 55
Figure 29. Asia Pacific Upper Limb Prosthetics Market by Cause: Accidents and Trauma, 2021-2031, $ mn 56
Figure 30. Breakdown of Asia Pacific Upper Limb Prosthetics Market by End User, 2021-2031, % of Revenue 58
Figure 31. Asia Pacific Addressable Market Cap in 2022-2031 by End User, Value ($ mn) and Share (%) 58
Figure 32. Asia Pacific Upper Limb Prosthetics Market by End User: Hospitals, 2021-2031, $ mn 59
Figure 33. Asia Pacific Upper Limb Prosthetics Market by End User: Prosthetic Clinics, 2021-2031, $ mn 60
Figure 34. Asia Pacific Upper Limb Prosthetics Market by End User: Other End Users, 2021-2031, $ mn 61
Figure 35. Breakdown of APAC Upper Limb Prosthetics Market by Country, 2021 and 2031, % of Revenue 63
Figure 36. Contribution to APAC 2022-2031 Cumulative Market by Country, Value ($ mn) and Share (%) 64
Figure 37. Upper Limb Prosthetics Market in Japan, 2021-2031, $ mn 66
Figure 38. Upper Limb Prosthetics Market in China, 2021-2031, $ mn 68
Figure 39. Upper Limb Prosthetics Market in Australia, 2021-2031, $ mn 71
Figure 40. Upper Limb Prosthetics Market in India, 2021-2031, $ mn 73
Figure 41. Upper Limb Prosthetics Market in South Korea, 2021-2031, $ mn 75
Figure 42. Upper Limb Prosthetics Market in Rest of APAC, 2021-2031, $ mn 77
Figure 43. Growth Stage of Asia Pacific Upper Limb Prosthetics Industry over the Forecast Period 79
Research methodology is mainly referring to the practical how of any offered piece of research. More specifically, it’s all about how a researcher systematically designs a study in order to assure extremely valid as well as reliable results that ultimately address the targets and objectives of the research.
In any formal research including academic journal, article, dissertation and so on, there will be a special section on a research methodology that mainly describes what, by whom, how to gather as well as how to evaluate the data are provided.
This research methodology has been segmented into following types:
Primary Research:
It is said to be original information that the researchers collect for the crucial purposes of answering the research questions of readers with the help of surveys, observations and experiments.
Secondary Research:
The secondary research is the data that has already been collected by various other researchers in the form of government analysis or scientific studies.
Qualitative Research:
It is descriptive and subjective method irrespective of facts. Both observation and description are essential in this type of research methodology. Its main vision is to analyze knowledge, attitudes, behaviours as well as opinions of people related to the topic of any research. This method has been operated through grounded research, case study and actionable research.
Quantitative Research:
It contains several laboratory experiments, basic surveys, mathematical calculations, simulations and so on. The possible measurement, quantity or amount is considered to be a major factor in the quantitative research methodology.
Clients
