Upper Limb Prosthetics Market Size

Upper Limb Prosthetics Market Size

The global upper limb prosthetics market was valued at USD 848.8 million in 2023 and is expected to exhibit growth at a CAGR of 5% from 2024 to 2032. High market growth can be attributed to the rising incidence of limb loss, advancements in prosthetic technology, growing awareness regarding available prosthetic solutions, and surging demand for personalized and customized healthcare solutions, among other contributing factors.

Moreover, the increasing prevalence of conditions leading to limb loss, such as diabetes, vascular diseases, and traumatic injuries (e.g., accidents, combat-related injuries), contributes to higher demand for upper limb prosthetics. For instance, according to National Limb Loss Resource Center, in U.S., around 2 million individuals live with limb loss. The most common causes of limb loss are vascular disease (54%), including diabetes and peripheral artery disease, trauma (45%), and cancer (less than 2%). As more individuals seek prosthetic solutions for better mobility and quality of life, the market continues to grow.
 

Furthermore, enhanced healthcare systems and rehabilitation services are making prosthetic solutions more accessible to patients. Availability of specialized clinics, trained professionals, and comprehensive rehabilitation programs facilitates better integration of prosthetics into the lives of users, driving market growth.
 

Upper limb prosthetics refers to the field of prosthesis that involves the design, creation, and fitting of artificial limbs for individuals who have lost part or all their upper extremities, including arms and hands. The goal is to restore function and improve the quality of life for individuals with limb loss.