MEA Robotic Prosthetics Market

MEA Robotic Prosthetics Market Size (2023 to 2028)

The size of the robotic prosthetics market in the Middle East and Africa is estimated to value USD 147.74 million by 2028 from USD 115.76 million in 2023, registering a CAGR of 5% from 2023 to 2028.

Artificial limbs can be controlled by computers, brains, and sensations 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.

Increasing road accidents and sports injuries are the major factor for the growth of the market during the forecast period. A recent report in year 2021, recorded that an accident occurs per 10,000 people and 0.9 accidents per 1,000 vehicles are very common. The people who are met with accidents may lose body parts and become handicapped and they may even die. The accident survivors who lose their body parts may prefer to use robotic prosthetics arms or legs to regain movement which helps in the growth of the market.

Increasing advancement in the field of robotics is another factor for market growth. In recent years, most sectors are using robotic devices to make work easier and more efficient. Some of the advanced technology such as artificial intelligence is used in robotic devices which helps the reduction of human-made errors. As a result, key players and manufacturers have increased their investment in the production of robotic prosthetics for different parts of the body which helps a large number of disabled people. They are also focusing on using different technologies for robotic prosthetics, like predesigning the movement of a particular prosthetic. Increasing investment by private organizations and increasing product approvals and increasing government support are the other factors that help the demand of the market.

Increasing chronic diseases such as diabetes, cancer, and vascular diseases may lead to amputation supporting the market demand. Most diabetes patients suffer from diabetic foot ulcers which may lead to amputation of the legs. People who are suffering from cancer may also need to cut the body part to remove the cancer parts helping in the reduction of the abnormal cells in the body. These patients prefer to have robotic prosthetics which helps the development of the market growth during the forecast period.

The high cost of robotic prosthetics is the major factor for the slowdown of market growth. Lack of awareness of the robotic prosthetic and the high maintenance cost are the other factors that hamper the market growth during the forecast period. Some of the side effects such as increased infection in the placement of the robotic prosthetics also impede the market growth.

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

Middle East Africa has a moderate share in the market growth due to adoption of the advanced devices in the medical sector in recent years and increasing awareness of robotic prosthetics. Government and the healthcare organizations have conducted several awareness programs about the benefits of robotic prosthetic that helps people who are disabled due to the amputation of body parts.

Egypt holds the maximum share in the market growth due to increasing research and development in robotic prosthetics. Researchers in the region are showing interest in inventing several robotic prosthetics by conducting several clinical trials for the best use of the prosthetics. Increasing start-up companies supporting robotic prosthetics also helps the development of the market.

UAE also has a share in the market growth due to the increasing number of students who have opted for robotics as their career. Students at esteemed universities are manufacturing various types of robotic prosthetics which help the population who lose movement due to a lack of body parts. These people are manufacturing devices with low costs that people can afford. An increasing number of clinics and hospitals for robotic prosthetic surgery also demand market growth in this country.

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.