| Product Code: ETC7404657 | 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, Guatemala continued to see a significant influx of upper limb prosthetics imports, with the top exporting countries being the USA, India, China, Brazil, and Germany. Despite the high Herfindahl-Hirschman Index (HHI) indicating concentrated market control, the industry experienced impressive growth with a compound annual growth rate (CAGR) of 21.25% from 2020 to 2024. However, there was a slight decline in growth rate from 2023 to 2024 at -8.21%, suggesting a potential shift in market dynamics. This data highlights the evolving landscape of upper limb prosthetics trade in Guatemala.

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 Guatemala Upper Limb Prosthetics Market Overview |
3.1 Guatemala Country Macro Economic Indicators |
3.2 Guatemala Upper Limb Prosthetics Market Revenues & Volume, 2021 & 2031F |
3.3 Guatemala Upper Limb Prosthetics Market - Industry Life Cycle |
3.4 Guatemala Upper Limb Prosthetics Market - Porter's Five Forces |
3.5 Guatemala Upper Limb Prosthetics Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.6 Guatemala Upper Limb Prosthetics Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Guatemala Upper Limb Prosthetics Market Revenues & Volume Share, By End-User, 2021 & 2031F |
4 Guatemala Upper Limb Prosthetics Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing prevalence of upper limb amputations due to accidents, injuries, and medical conditions |
4.2.2 Technological advancements leading to the development of more advanced and functional upper limb prosthetics |
4.2.3 Growing awareness about the benefits of using upper limb prosthetics for improving quality of life |
4.3 Market Restraints |
4.3.1 High costs associated with upper limb prosthetics, limiting affordability for a significant portion of the population |
4.3.2 Limited access to specialized healthcare services and prosthetic facilities in certain regions of Guatemala |
5 Guatemala Upper Limb Prosthetics Market Trends |
6 Guatemala Upper Limb Prosthetics Market, By Types |
6.1 Guatemala Upper Limb Prosthetics Market, By Component |
6.1.1 Overview and Analysis |
6.1.2 Guatemala Upper Limb Prosthetics Market Revenues & Volume, By Component, 2021- 2031F |
6.1.3 Guatemala Upper Limb Prosthetics Market Revenues & Volume, By Prosthetic Arm, 2021- 2031F |
6.1.4 Guatemala Upper Limb Prosthetics Market Revenues & Volume, By Prosthetic Elbow, 2021- 2031F |
6.1.5 Guatemala Upper Limb Prosthetics Market Revenues & Volume, By Prosthetic Wrist, 2021- 2031F |
6.1.6 Guatemala Upper Limb Prosthetics Market Revenues & Volume, By Prosthetic Shoulder, 2021- 2031F |
6.1.7 Guatemala Upper Limb Prosthetics Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Guatemala Upper Limb Prosthetics Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Guatemala Upper Limb Prosthetics Market Revenues & Volume, By Passive Prosthetic Devices, 2021- 2031F |
6.2.3 Guatemala Upper Limb Prosthetics Market Revenues & Volume, By Body Powered Prosthetic Devices., 2021- 2031F |
6.2.4 Guatemala Upper Limb Prosthetics Market Revenues & Volume, By Myoelectric Prosthetic Devices, 2021- 2031F |
6.2.5 Guatemala Upper Limb Prosthetics Market Revenues & Volume, By Hybrid Prosthetic Devices, 2021- 2031F |
6.3 Guatemala Upper Limb Prosthetics Market, By End-User |
6.3.1 Overview and Analysis |
6.3.2 Guatemala Upper Limb Prosthetics Market Revenues & Volume, By Hospitals, 2021- 2031F |
6.3.3 Guatemala Upper Limb Prosthetics Market Revenues & Volume, By Clinics, 2021- 2031F |
6.3.4 Guatemala Upper Limb Prosthetics Market Revenues & Volume, By Others, 2021- 2031F |
7 Guatemala Upper Limb Prosthetics Market Import-Export Trade Statistics |
7.1 Guatemala Upper Limb Prosthetics Market Export to Major Countries |
7.2 Guatemala Upper Limb Prosthetics Market Imports from Major Countries |
8 Guatemala Upper Limb Prosthetics Market Key Performance Indicators |
8.1 Patient satisfaction levels with upper limb prosthetics |
8.2 Rate of adoption of advanced upper limb prosthetic technologies |
8.3 Number of successful upper limb prosthetic fittings and adjustments |
8.4 Average waiting time for prosthetic fittings |
8.5 Percentage of upper limb amputees receiving appropriate rehabilitation services |
9 Guatemala Upper Limb Prosthetics Market - Opportunity Assessment |
9.1 Guatemala Upper Limb Prosthetics Market Opportunity Assessment, By Component, 2021 & 2031F |
9.2 Guatemala Upper Limb Prosthetics Market Opportunity Assessment, By Type, 2021 & 2031F |
9.3 Guatemala Upper Limb Prosthetics Market Opportunity Assessment, By End-User, 2021 & 2031F |
10 Guatemala Upper Limb Prosthetics Market - Competitive Landscape |
10.1 Guatemala Upper Limb Prosthetics Market Revenue Share, By Companies, 2024 |
10.2 Guatemala 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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