| Product Code: ETC6690867 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Cape Verde continued to rely on imports for upper limb prosthetics, with top exporters being Portugal, USA, China, Spain, and France. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. Despite a notable Compound Annual Growth Rate (CAGR) of 7.63% from 2020 to 2024, there was a sharp decline in growth from 2023 to 2024 at -45.5%. This fluctuation suggests potential market challenges or shifts in demand dynamics. Monitoring these trends will be crucial for stakeholders in the upper limb prosthetics industry to adapt and capitalize on opportunities in Cape Verde.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Cape Verde Upper Limb Prosthetics Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Upper Limb Prosthetics Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Upper Limb Prosthetics Market - Industry Life Cycle |
3.4 Cape Verde Upper Limb Prosthetics Market - Porter's Five Forces |
3.5 Cape Verde Upper Limb Prosthetics Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.6 Cape Verde Upper Limb Prosthetics Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Cape Verde Upper Limb Prosthetics Market Revenues & Volume Share, By End-User, 2021 & 2031F |
4 Cape Verde Upper Limb Prosthetics Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Cape Verde Upper Limb Prosthetics Market Trends |
6 Cape Verde Upper Limb Prosthetics Market, By Types |
6.1 Cape Verde Upper Limb Prosthetics Market, By Component |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Upper Limb Prosthetics Market Revenues & Volume, By Component, 2021- 2031F |
6.1.3 Cape Verde Upper Limb Prosthetics Market Revenues & Volume, By Prosthetic Arm, 2021- 2031F |
6.1.4 Cape Verde Upper Limb Prosthetics Market Revenues & Volume, By Prosthetic Elbow, 2021- 2031F |
6.1.5 Cape Verde Upper Limb Prosthetics Market Revenues & Volume, By Prosthetic Wrist, 2021- 2031F |
6.1.6 Cape Verde Upper Limb Prosthetics Market Revenues & Volume, By Prosthetic Shoulder, 2021- 2031F |
6.1.7 Cape Verde Upper Limb Prosthetics Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Cape Verde Upper Limb Prosthetics Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Upper Limb Prosthetics Market Revenues & Volume, By Passive Prosthetic Devices, 2021- 2031F |
6.2.3 Cape Verde Upper Limb Prosthetics Market Revenues & Volume, By Body Powered Prosthetic Devices., 2021- 2031F |
6.2.4 Cape Verde Upper Limb Prosthetics Market Revenues & Volume, By Myoelectric Prosthetic Devices, 2021- 2031F |
6.2.5 Cape Verde Upper Limb Prosthetics Market Revenues & Volume, By Hybrid Prosthetic Devices, 2021- 2031F |
6.3 Cape Verde Upper Limb Prosthetics Market, By End-User |
6.3.1 Overview and Analysis |
6.3.2 Cape Verde Upper Limb Prosthetics Market Revenues & Volume, By Hospitals, 2021- 2031F |
6.3.3 Cape Verde Upper Limb Prosthetics Market Revenues & Volume, By Clinics, 2021- 2031F |
6.3.4 Cape Verde Upper Limb Prosthetics Market Revenues & Volume, By Others, 2021- 2031F |
7 Cape Verde Upper Limb Prosthetics Market Import-Export Trade Statistics |
7.1 Cape Verde Upper Limb Prosthetics Market Export to Major Countries |
7.2 Cape Verde Upper Limb Prosthetics Market Imports from Major Countries |
8 Cape Verde Upper Limb Prosthetics Market Key Performance Indicators |
9 Cape Verde Upper Limb Prosthetics Market - Opportunity Assessment |
9.1 Cape Verde Upper Limb Prosthetics Market Opportunity Assessment, By Component, 2021 & 2031F |
9.2 Cape Verde Upper Limb Prosthetics Market Opportunity Assessment, By Type, 2021 & 2031F |
9.3 Cape Verde Upper Limb Prosthetics Market Opportunity Assessment, By End-User, 2021 & 2031F |
10 Cape Verde Upper Limb Prosthetics Market - Competitive Landscape |
10.1 Cape Verde Upper Limb Prosthetics Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Upper Limb Prosthetics Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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