Our company is exploring adding hydraulic powered prosthetics to its product line. Some strengths include using technology to replicate real leg movements and a passion for helping amputees. However, finding lightweight and strong materials at a low cost poses a weakness. There are also opportunities in growing demand from an aging population and accident victims seeking normalcy. Threats include the product's complexity increasing manufacturing difficulty and costs, as well as competition incorporating advanced technologies.
Our company is exploring adding hydraulic powered prosthetics to its product line. Some strengths include using technology to replicate real leg movements and a passion for helping amputees. However, finding lightweight and strong materials at a low cost poses a weakness. There are also opportunities in growing demand from an aging population and accident victims seeking normalcy. Threats include the product's complexity increasing manufacturing difficulty and costs, as well as competition incorporating advanced technologies.
Our company is exploring adding hydraulic powered prosthetics to its product line. Some strengths include using technology to replicate real leg movements and a passion for helping amputees. However, finding lightweight and strong materials at a low cost poses a weakness. There are also opportunities in growing demand from an aging population and accident victims seeking normalcy. Threats include the product's complexity increasing manufacturing difficulty and costs, as well as competition incorporating advanced technologies.
Aazam Gunny, Jianli Wang Topic of SWOT Analysis: Explore the potential for adding a hydraulic powered prosthetics to the product line in 2020. 1. We use the technology of replicating the movements of the real legs. Strengths: 2. We have a passion for helping those people who suffer from amputation. 3. We study and simulate the movements and articulation according to the real legs. 4. We have access to virtual prototyping. 5. Our product helps our users to act like normal people. 6. Our product helps our users to get rid of others’ assistance. 1. Materials are hard to find, they should be light, strong enough and Weaknesses: cheap. 2. Structures of the product are complex. 3. The product can also be mishandling and fragile. 4. The product may require some skills and a lot of strength to operate. 5. Users may feel uncomfortable after using it a long time.
1. The aging population is increasing, some of the old people suffer
Opportunities: from amputation and the demand of our product is increasing. 2. The rate of accidents is increasing in recent years. 3. Nowadays people care more about their outlook and our product can help them to look like normal people. 4. If our product can look more like human and consume less power, it will be more attractive. 1. The complex shape of the shell will make our product hard to Threats: manufacture. 2. The cost of the product can be very high. 3. There are too many requirements for the materials of the product. 4. AI control and motorization will make the other products more user- friendly. 5.AI control and motorization should be added into our product as soon as possible.