Aug 26, 2015

World - Artificial Parts Of The Body (Excl. Artificial Teeth And Dental Fittings And Artificial Joints) - Market Analysis, Forecast, Size, Trends and Insights

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Prosthetics Market - Exiii’s Innovative 3D Printed Myoelectric Hand Awarded Gold at iF Exhibition 2015

Source: Exiii Inc.

With the flow of time, it is no secret that the pace of technological development is gaining speed, with manufacturers and scientists coming up with more unimaginable groundbreaking hi-tech gadgets and devices seemingly with each passing day. X printing is on the crest of this wave now, bringing to life the boldest concepts, apt to impress people who have gotten used to this never-ending flow of ideas and their implementations.

While a great many gadgets developed serve merely to entertain, there are a substantial share of novelties being introduced to make our day-to-day life easier. A Japanese company Exiii, for example, has a business devoted to providing hi-tech devices for people who have lost their hands.

Handii is a myoelectric hand of somewhat futuristic appearance, which sets it apart from other artificial hands on the market. Not only is this design unique and forward-looking, it is also customizable, which is extremely rare for prostheses. However, the stunning design is not even the primary attribute of Handii. Myoelectric hands can be controlled by the users intuitively by muscle signals measured on the amputated end.

In contrast with other hands of this type, which are quite costly due to custom built-in computer systems difficult to repair, and a standard design aimed to conceal the lost hand, Handii uses wireless signals from a smartphone that processes muscle signals, and each finger is controlled by only one motor. In addition, produced by a X printing technology, Handii is affordable, and easy to repair and personalize.

Winner of the gold iF DESIGN AWARD 2015, Exiii believes that prosthesis should not only replace the lost hand, but it can also perform more functions and be an interface to express the user's personality. It is evident that Handii is more than just a common prosthesis, as it offers innovative design and functionality for an affordable price.

Although these new myoelectric prostheses are likely to grab a large chunk of the market in the future, the current market is still dominated by conventional prostheses. The U.S. remains the leader on the prosthetics market, overtaking the Netherlands in 2014. Last year, the Netherlands exported X thousand tonnes of artificial parts of the body totaling X billion USD, X% over the previous year. Its primary trading partner was Germany, where it supplied X% of its total artificial parts of the body exports in value terms, accounting for X% of Germany's total imports.

From 2008 to 2012, imports insignificantly exceeded exports. However, in 2013-2014, the situation changed and the Netherlands became a net exporter of artificial parts of the body.

The U.S. and Belgium were among the other main global suppliers of artificial parts of the body in 2014. However, the fastest growing exporters from 2007 to 2014 were the Netherlands (+X% per year) and Singapore (+X% per year). By virtue of this, the Netherlands significantly strengthened its position in the global export structure.

The Netherlands' top X trading partners in 2014 were Germany, France, Italy, China and the United Kingdom, with a combined X% share of the Netherlands' artificial parts of the body exports. The share of Germany increased sharply (+X percentage points), while the share of the U.S. fell precipitously (-X percentage points).

Do you want to know more about the global prosthetics market? Get the latest trends and insight from our report. It includes a wide range of statistics on

  • prosthetics market share
  • prosthetics prices
  • prosthetics industry
  • prosthetics sales
  • prosthetics market forecast
  • prosthetics price forecast
  • key prosthetics producers

Source: IndexBox AI Platform

Product coverage:

UNCode 48170-2 - Artificial parts of the body (excl. artificial teeth and dental fittings and artificial joints);

HS 902139 - Artificial parts of the body; excluding artificial joints;

Prodcom 32502290 - Artificial parts of the body (excluding artificial teeth and dental fittings, artificial joints, orthopaedic and fracture appliances, h eart pacemakers) .


This report provides an in-depth analysis of the global orthopedic prosthetics market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.


Country coverage:
• Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries (United States
• China
• Japan
• Germany
• United Kingdom
• France
• Brazil
• Italy
• Russian Federation
• India
• Canada
• Australia
• Republic of Korea
• Spain
• Mexico
• Indonesia
• Netherlands
• Turkey
• Saudi Arabia
• Switzerland
• Sweden
• Nigeria
• Poland
• Belgium
• Argentina
• Norway
• Austria
• Thailand
• United Arab Emirates
• Colombia
• Denmark
• South Africa
• Malaysia
• Israel
• Singapore
• Egypt
• Philippines
• Finland
• Chile
• Ireland
• Pakistan
• Greece
• Portugal
• Kazakhstan
• Algeria
• Czech Republic
• Qatar
• Peru
• Romania
• Vietnam) + the largest producing countries.


Data coverage:

• Market volume and value;

• Per Capita consumption;

• Forecast of the market dynamics in the medium term;

• Production, split by region and country;

• Trade (exports and imports);

• Export and import prices;

• Market trends, drivers and restraints;

• Key market players and their profiles.


Reasons to buy this report:

• Take advantage of the latest data;

• Find deeper insights into current market developments;

• Discover vital success factors affecting the market.


This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.


In this report, you can find information that helps you to make informed decisions on the following issues


1. How to diversify your business and benefit from new market opportunities

2. How to load your idle production capacity

3. How to boost your sales on overseas markets

4. How to increase your profit margins

5. How to make your supply chain more sustainable

6. How to reduce your production and supply chain costs

7. How to outsource production to other countries

8. How to prepare your business for global expansion


While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2025
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2018
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2007–2018
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

United States
China
Japan
Germany
United Kingdom
France
Brazil
Italy
Russian Federation
India
Canada
Australia
Republic of Korea
Spain
Mexico
Indonesia
Netherlands
Turkey
Saudi Arabia
Switzerland
Sweden
Nigeria
Poland
Belgium
Argentina
Norway
Austria
Thailand
United Arab Emirates
Colombia
Denmark
South Africa
Malaysia
Israel
Singapore
Egypt
Philippines
Finland
Chile
Ireland
Pakistan
Greece
Portugal
Kazakhstan
Algeria
Czech Republic
Qatar
Peru
Romania
Vietnam
LIST OF TABLES
Table 1:
Key Findings In 2018
Table 2:
Market Volume, In Physical Terms, 2007–2018
Table 3:
Market Value, 2007–2018
Table 4:
Per Capita Consumption, By Country, 2015–2018
Table 5:
Production, In Physical Terms, By Country, 2007–2018
Table 6:
Imports, In Physical Terms, By Country, 2007–2018
Table 7:
Imports, In Value Terms, By Country, 2007–2018
Table 8:
Import Prices, By Country Of Destination, 2007–2018
Table 9:
Exports, In Physical Terms, By Country, 2007–2018
Table 10:
Exports, In Value Terms, By Country, 2007–2018
Table 11:
Export Prices, By Country Of Origin, 2007–2018
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2018
Figure 2:
Market Value, 2007–2018
Figure 3:
Consumption, By Country, 2018
Figure 4:
Market Forecast To 2025
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2007–2018
Figure 17:
Production, In Value Terms, 2007–2018
Figure 18:
Production, By Country, 2018
Figure 19:
Production, In Physical Terms, By Country, 2007–2018
Figure 20:
Imports, In Physical Terms, 2007–2018
Figure 21:
Imports, In Value Terms, 2007–2018
Figure 22:
Imports, In Physical Terms, By Country, 2018
Figure 23:
Imports, In Physical Terms, By Country, 2007–2018
Figure 24:
Imports, In Value Terms, By Country, 2007–2018
Figure 25:
Import Prices, By Country, 2007–2018
Figure 26:
Exports, In Physical Terms, 2007–2018
Figure 27:
Exports, In Value Terms, 2007–2018
Figure 28:
Exports, In Physical Terms, By Country, 2018
Figure 29:
Exports, In Physical Terms, By Country, 2007–2018
Figure 30:
Exports, In Value Terms, By Country, 2007–2018
Figure 31:
Export Prices, 2007–2018
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