Artificial Intelligence Is Fastest Growing Segment Fueling The Growth Of Robotic Prosthetics Market
The global Robotic Prosthetics Market is estimated to be valued at US$ 2.90 Bn in 2023 and is expected to exhibit a CAGR of 9.5% over the forecast period 2023-2030, as highlighted in a new report published by CoherentMI. Market Overview: Robotic prosthetics refer to lightweight and dexterous artificial limbs that are powered by advanced robotics technology. These prosthetics provide enhanced functionality and mobility compared to traditional prosthetics through features like pressure sensors, joint position sensors and motorized actuators. Market Key Trends: One of the key trends fueling the growth of the market is the development of brain-computer interface (BCI) robotic prosthetics. BCIs help establish a direct communication pathway between the brain and external devices. Recent advancements in BCI technology now allow users to control prosthetic devices directly through thought. For example, researchers have developed robotic hands that can mimic five human hand gestures through non...