Artificial Muscle Market to Grow with a CAGR of 9.62% Globally through 2029
Growing demand for prosthetics and assistive devices is expected to drive the Global Artificial Muscle Market growth in the forecast period, 2025-2029.
According to
TechSci Research report, “Artificial Muscle Market – Global Industry Size,
Share, Trends, Competition Forecast & Opportunities, 2029F”, the
Global Artificial Muscle Market stood at USD 1.63 Billion in 2023 and is
anticipated to grow with a CAGR of 9.62% through 2029. Artificial muscles are transforming the robotics landscape, particularly in the advancement of intricate robotic systems such as soft robotics, exoskeletons, and humanoid robots. Unlike conventional rigid robots, which lack adaptability and flexibility, those outfitted with artificial muscles can replicate human-like motions and adjust to diverse environments with greater efficiency. This flexibility enables them to execute a broad spectrum of tasks, collaborate with humans, and achieve heightened dexterity, rendering them ideal for applications across industries like manufacturing, healthcare, and disaster response.
Within the healthcare domain, artificial muscles are spearheading innovation in prosthetics and assistive technologies. With a globally aging population and an increasing incidence of limb disabilities, there's a rising demand for prosthetic solutions that provide natural movements and enhanced functionality. Artificial muscles play a pivotal role in meeting this demand by offering a more lifelike range of motion compared to traditional prosthetics. This enhancement in mobility and functionality significantly improves the quality of life for individuals with limb disabilities, facilitating more comfortable and effective performance of daily activities. Artificial muscles extend beyond prosthetics, finding integration into various medical devices such as surgical robots and rehabilitation equipment. Their inclusion in these devices enables more precise and controlled movements, thereby augmenting the accuracy of surgical procedures and the efficacy of rehabilitation programs. Surgical robots equipped with artificial muscles can execute intricate procedures with heightened precision and efficiency, leading to improved patient outcomes and reduced recovery durations. Similarly, rehabilitation equipment featuring artificial muscles can deliver targeted therapy and aid to patients recuperating from injuries or surgeries, assisting them in regaining strength and mobility at an accelerated pace.
The escalating adoption of artificial muscles in the healthcare realm stems from the recognition of their potential to enhance patient care and outcomes. Healthcare providers are increasingly embracing artificial muscle technology to amplify the effectiveness of medical devices and procedures, ultimately resulting in superior patient outcomes and an elevated standard of care. Additionally, ongoing research and development endeavors in the field seek to further refine artificial muscle technology and explore novel applications, unlocking avenues for future innovations in healthcare. Hence, artificial muscles are poised to revolutionize the healthcare industry by propelling innovation in prosthetics, medical devices, and surgical interventions. Their capacity to emulate human-like movements and adaptability positions them as invaluable instruments for enhancing patient care, advancing mobility, and pushing the boundaries of medical technology. As research and development in this domain continue to advance, artificial muscles are anticipated to play an increasingly pivotal role in shaping the future of healthcare and enhancing the lives of patients globally.
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"Global Artificial Muscle Market”
The Global Artificial
Muscle Market is segmented into Type, Application, Regional Distribution, And Company.
Based on type, thermal actuation emerged as the fastest growing segment in the Global Artificial Muscle Market in 2023. Thermal actuation utilizes heat for movement, which can offer greater energy efficiency when contrasted with alternatives like electrical or pneumatic methods. With the rising emphasis on energy conservation across industries, thermal actuation presents a compelling solution. Its simple design and compatibility with diverse materials and structures enable seamless integration into existing systems, making it appealing for manufacturers seeking to incorporate artificial muscle technology into their products. Thermal actuators can prove cost-effective to manufacture in certain instances, particularly when accounting for factors such as manufacturing complexity and material expenses. This cost-efficiency makes them an attractive option for companies aiming to streamline production costs while maintaining performance standards.
Based on region, Asia Pacific emerged with a rapid growth in the Global Artificial Muscle Market during the forecast period. Several factors contribute to the rapid expansion of this market, including advancements in technology, increased investments in research and development, and the broader adoption of artificial muscles across diverse industries. A significant driver of growth in the Asia Pacific artificial muscle sector is the region's flourishing robotics industry. Countries such as Japan, South Korea, and China lead the way in robotics innovation, with a strong emphasis on developing sophisticated robotic systems equipped with artificial muscles. Soft robotics, in particular, is gaining prominence in this region, fueled by its potential applications in healthcare, manufacturing, and service sectors. Artificial muscles play a pivotal role in facilitating the agility, precision, and versatility of soft robots, rendering them well-suited for tasks involving human interaction or delicate object manipulation.
Major companies
operating in Global Artificial Muscle Market are:
- Bayer AG
- Steeper Ltd.
- Coapt, LLC
- Biomimetic Products LLC.
- Blatchford Limited
- Ottobock SE & Co. KGaA
- Koganei Corporation
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“The Global Artificial Muscle Market is set to experience substantial growth in the foreseeable future. Projected advancements in genomics, personalized medicine, and synthetic biology are anticipated to serve as primary catalysts, driving market expansion. The emergence of precision medicine, spurred by an increased comprehension of the genetic underpinnings of diseases, is amplifying the demand for DNA synthesizers. These synthesizers are crucial for generating tailored DNA sequences tailored for diagnostic and therapeutic purposes. Furthermore, the expanding utilization of gene editing technologies, such as CRISPR-Cas9, across various sectors like agriculture and biotechnology, is further fueling the need for DNA synthesis tools. As technological advancements continue to refine DNA synthesizers, enhancing their user-friendliness, efficiency, and cost-effectiveness, their accessibility is poised to widen. Collaborative endeavors between academic research institutions and industry stakeholders are fostering an environment conducive to innovation, laying the groundwork for pioneering discoveries”, said Mr. Karan Chechi, Research
Director of TechSci Research, a research-based management consulting firm.
“Artificial Muscle Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Type (Electric Field Actuation, Pneumatic Actuation, Thermal Actuation), By Application (Industrial, Medical, Consumer, Automotive, Aerospace), By Region and Competition, 2019-2029F”, has evaluated
the future growth potential of Global Artificial Muscle Market and provides
statistics & information on market size, structure and future market
growth. The report intends to provide cutting-edge market intelligence and help
decision makers take sound investment decisions. Besides, the report also
identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in Global Artificial Muscle Market.
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