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Pulished Date April, 2021
ID: 7851
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MEA Robotic Prosthetics Market Research Report - Segmented By Technology, Products, Application, End Users & Country (KSA, UAE, Israel, rest of GCC countries, South Africa, Ethiopia, Kenya, Egypt, Sudan, rest of MEA)- Industry Analysis, Size, Share, Trends & Growth Forecast (2021 to 2026)

Pulished: April, 2021
ID: 7851
Pages: 145

MEA Robotic Prosthetics Market Size (2021 to 2026)

The size of the robotic prosthetics market in the Middle East and Africa is estimated to value USD 140.71 million by 2026 from USD 110.25 million in 2021, registering a CAGR of 5% from 2021 to 2026.

Artificial limbs can be controlled by computer, brain, and sensation using advanced technology. The increasing demand for advanced technologies, the growth of the geriatric population, and the increasing prevalence of different diseases, in addition to medical technology, will contribute to research in robotics and computer science by creating a new generation of feet, legs, hands, and arm, this provides users with the feel and ability to move flexibly.

MARKET DRIVERS:

The increase in amputation cases, advances in robotic space, and increased ulcers, diabetes, and congenital disabilities leading to amputation are believed to stimulate the MEA robotic prosthetics market growth during the forecast period. Additionally, increased public funding and innovations in the robotic space are expected to drive growth over the forecast period.

Advances in materials science and technological advancements, such as exoskeletons, for example, are artificially intelligent, portable, and a bionic device that allows wheelchair users to walk again. Robotic prostheses are getting smarter over time which is expected to be a driving force for the Middle East & Africa market.

MARKET RESTRAINTS:

Robotic prostheses are not well covered by insurance policies, which may slow the growth of the market. In addition, these prostheses are expensive, which makes them inaccessible to users. This is likely to restrain the growth of the market for the foreseeable future.

MARKET OPPORTUNITIES:

The increasing amount of funding for research and development and the availability of better treatment options are adding to the strength of the market. The increasing demand for sophisticated sanitary facilities and appliances is also driving the growth of the market considerably.

The COVID-19 pandemic has provided many opportunities for performing robotic surgeries due to its highly contagious nature, where the use of artificial intelligence is considerably safer for doctors and hospital staff.

MARKET CHALLENGES:

COVID-19 is an unprecedented global public health emergency that has affected nearly all industries, with long-term effects expected to impact industry growth over the forecast period.

Governments in low-income countries are not investing in prosthetics due to a lack of data and financial gains. International and local NGOs provide the majority of prosthetic services in emerging countries. Without government and charity support in prosthetic innovations, the availability of these services will remain low.

The cost of the entire surgical procedure required to operate on robotic prostheses is very high, which is hampering the growth of the robotic prosthesis market, especially in developing regions.

This research report on the MEA robotic prosthetics market has been segmented and sub-segmented into the following categories:

By Technology: 

  • Myoelectric Technology
  • Microprocessor Controlled
  • Bluetooth

By-Products: 

  • Prosthetic Ankles or Feet
  • Prosthetic Arms

By Application: 

  • Upper Body Extremity
  • Lower Body Extremity

By End Users: 

  • Hospitals
  • Clinics

By Country: 

  • KSA
  • UAE
  • Israel
  • rest of GCC countries
  • South Africa
  • Ethiopia
  • Kenya
  • Egypt
  • Sudan
  • rest of MEA

Geographically, the Middle East and Africa account for a minor share in the global robotic prosthetics market due to low investment and insufficient health infrastructure. Within MEA, the UAE robotic prosthetics market is estimated to perform well due to the continuous development of technology and the increasing prevalence of orthopedic diseases.

The Saudi Arabian market is another lucrative regional market in the Middle East robotic prosthesis market due to government support for research and development and the availability of research funds. This is expected to continue to boost the Middle East and Africa markets during the forecast period. North Africa and South Africa regions have poor healthcare infrastructure and low growth of robotic prosthesis market in the Middle East and Africa.

KEY MARKET PLAYERS:

Shadow Robot Company, Touch Bionics, Ossur, HDT Global, Endolite, Syn Touch Inc (Los Angeles), Irobot, Northrop Grumman, Qbotix, and Prox Dynamics are some of the companies operating in the MEA robotic prosthetics market.

1. Introduction                                 

                1.1 Market Definition                    

                1.2 Study Deliverables                  

                1.3 Base Currency, Base Year and Forecast Periods                          

                1.4 General Study Assumptions                

2. Research Methodology                                           

                2.1 Introduction                               

                2.2 Research Phases                      

                                2.2.1 Secondary Research           

                                2.2.2 Primary Research 

                                2.2.3 Econometric Modelling      

                                2.2.4 Expert Validation  

                2.3 Analysis Design                         

                2.4 Study Timeline                          

3. Overview                                       

                3.1 Executive Summary                

                3.2 Key Inferences                         

                3.3 Epidemology                              

4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)                                    

                4.1 Market Drivers                          

                4.2 Market Restraints                    

                4.3 Key Challenges                         

                4.4 Current Opportunities in the Market                              

5. Market Segmentation                                              

                5.1 Technology                 

                                5.1.1 Introduction           

                                5.1.2 Myoelectric Technology    

                                5.1.3 Microprocessor controlled               

                                5.1.4 Bluetooth

                                5.1.5 Y-o-Y Growth Analysis, By Technology        

                                5.1.6 Market Attractiveness Analysis, By Technology      

                                5.1.7  Market Share Analysis, By Technology       

                5.2 Products                      

                                5.2.1 Introduction           

                                5.2.2 Prosthetic Ankles or Feet 

                                5.2.3 Prosthetic Arms    

                                5.2.4 Y-o-Y Growth Analysis, By Products             

                                5.2.5 Market Attractiveness Analysis, By Products           

                                5.2.6 Market Share Analysis, By Products             

                5.3 Application                 

                                5.3.1 Introduction           

                                5.3.2 Upper Body Extremity       

                                5.3.3 Lower Body Extremity        

                                5.3.4 Y-o-Y Growth Analysis, By Application         

                                5.3.5 Market Attractiveness Analysis, By Application       

                                5.3.6 Market Share Analysis, By Application        

                5.4 End users                    

                                5.4.1 Introduction           

                                5.4.2 Hospitals  

                                5.4.3 Clinics        

                                5.4.4 Y-o-Y Growth Analysis, By End Users           

                                5.4.5 Market Attractiveness Analysis, By End Users         

                                5.4.6 Market Share Analysis, By End Users           

6. Geographical Analysis                                              

                6.1 Introduction                               

                                6.1.1 Regional Trends    

                                6.1.2 Impact Analysis     

                                6.1.3 Y-o-Y Growth Analysis        

                                                6.1.3.1 By Geographical Area

                                                6.1.3.2 By Technology

                                                6.1.3.3 By Products

                                                6.1.3.4 By Application

                                                6.1.3.5 By End Users

                                6.1.4  Market Attractiveness Analysis     

                                                6.1.4.1 By Geographical Area

                                                6.1.4.2 By Technology

                                                6.1.4.3 By Products

                                                6.1.4.4 By Application

                                                6.1.4.5 By End Products

                                6.1.5  Market Share Analysis      

                                                6.1.5.1 By Geographical Area

                                                6.1.5.2 By Technology

                                                6.1.5.3 By Products

                                                6.1.5.4 By Application

                                                6.1.5.5 By End Users

                6.2 Middle-East                                

                6.3 Africa                            

7. Strategic Analysis                                       

                7.1 PESTLE analysis                         

                                7.1.1 Political     

                                7.1.2 Economic 

                                7.1.3 Social         

                                7.1.4 Technological         

                                7.1.5 Legal          

                                7.1.6 Environmental       

                7.2 Porter’s Five analysis                              

                                7.2.1 Bargaining Power of Suppliers        

                                7.2.2 Bargaining Power of Consumers    

                                7.2.3 Threat of New Entrants     

                                7.2.4 Threat of Substitute Products and Services              

                                7.2.5 Competitive Rivalry within the Industry     

8. Market Leaders' Analysis                                        

                8.1 Shadow Robot Company                      

                                8.1.1 Overview 

                                8.1.2 Product Analysis   

                                8.1.3 Financial analysis  

                                8.1.4 Recent Developments       

                                8.1.5 SWOT Analysis       

                                8.1.6 Analyst View          

                8.2 Touch Bionics                             

                8.3 Ossur                            

                8.4 HDT Global                  

                8.5 Endolite                       

                8.7 Syn Touch Inc                            

                8.8 Irobot                           

                8.9 Northrope Grumman                             

                8.10 Qbotix                        

9. Competitive Landscape                                           

                9.1 Market share analysis                            

                9.2 Merger and Acquisition Analysis                       

                9.3 Agreements, collaborations and Joint Ventures                         

                9.4 New Product Launches                         

10. Market Outlook and Investment Opportunities                                         

Appendix                                           

                a) List of Tables                

                b) List of Figures                              

  • Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • Segment-level analysis in terms of Products, by  Region along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market

                                                                                                                          

  1. Middle East and Africa Robotic Prosthetics Market Market By Technology, From 2021 to 2026 ( USD Million )
  2. Middle East and Africa Myoelectric Technology Market By Region, From 2021 to 2026 ( USD Million )
  3. Middle East and Africa Microprocessor Controlled Market By Region, From 2021 to 2026 ( USD Million )
  4. Middle East and Africa Bluetooth Market By Region, From 2021 to 2026 ( USD Million )
  5. Middle East and Africa Robotic Prosthetics Market Market By Products, From 2021 to 2026 ( USD Million )
  6. Middle East and Africa Prosthetic Ankles or Feet Market By Region, From 2021 to 2026 ( USD Million )
  7. Middle East and Africa Prosthetic Arms Market By Region, From 2021 to 2026 ( USD Million )
  8. Middle East and Africa Robotic Prosthetics Market Market By Application, From 2021 to 2026 ( USD Million )
  9. Middle East and Africa Lower Body Extremity Market By Region, From 2021 to 2026 ( USD Million )
  10. Middle East and Africa Upper Body Extremity Market By Region, From 2021 to 2026 ( USD Million )
  11. Middle East and Africa Robotic Prosthetics Market Market By End Users, From 2021 to 2026 ( USD Million )
  12. Middle East and Africa Hospitals Market By Region, From 2021 to 2026 ( USD Million )
  13. Middle East and Africa Clinics Market By Region, From 2021 to 2026 ( USD Million )
  14. Middle East Robotic Prosthetics Market Market By Technology, From 2021 to 2026 ( USD Million )
  15. Middle East Robotic Prosthetics Market Market By Products, From 2021 to 2026 ( USD Million )
  16. Middle East Robotic Prosthetics Market Market By Application, From 2021 to 2026 ( USD Million )
  17. Middle East Robotic Prosthetics Market Market By End Users, From 2021 to 2026 ( USD Million )
  18. Africa Robotic Prosthetics Market Market By Technology, From 2021 to 2026 ( USD Million )
  19. Africa Robotic Prosthetics Market Market By Products, From 2021 to 2026 ( USD Million )
  20. Africa Robotic Prosthetics Market Market By Application, From 2021 to 2026 ( USD Million )
  21. Africa Robotic Prosthetics Market Market By End Users, From 2021 to 2026 ( USD Million )

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