Market Overview:
The global bionic animals market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for bionic animals for various applications such as exploration, collecting samples, and monitoring environment. In addition, the growing awareness about the benefits of using bionic animals is also contributing to the growth of this market. Based on type, the global bionic animals market can be segmented into working underwater type, working aerially type, working on land type, and others. The working underwater type segment is expected to account for a major share of the global bionic animals market in 2018. This segment is projected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. This growth can be attributed to its ability to work under water without any external support or assistance and its wide range of applications in various industries such as oil & gas and marine research & survey. .
Product Definition:
Bionic animals are those that have had their body parts replaced or enhanced with artificial ones. The term is often used to describe animals that have been given prosthetic limbs, but it can also refer to animals that have been given other types of implants, such as pacemakers or cochlear implants.
Working Underwater Type:
Underwater type is a special ability that allows the user to breathe underwater and perform various other tasks. It also has applications in bionic animals, which can be used for humanlike aquatic abilities. The market growth factor of this segment is expected to increase owing to increasing R&D activities by companies and universities globally for the development of new technologies related to underwater robotics & medicine.
The working underwater type market size was valued at USD 1,37,500 in 2016.
Working Aerially Type:
The working aerially type is used to provide oxygen to the animal and also for respiration. It's a small mask that is directly attached to the animals' body with a flexible hose. The working aerially type has been used in various applications such as research, veterinary clinics, medical & biological engineering and also in other fields of study which include technology, sports medicine and industrial biotechnology among others.
Application Insights:
The application segment is segregated into exploration, collecting samples, monitoring environment and others. The exploration segment includes use of bionic animals for marine research and deep-sea diving. Use of bionic animals for exploring the ocean floor or exploring underwater is expected to witness growth owing to increasing focus on scientific research in various fields such as marine biology, oceanography and fisheries.
Bionic animal models are used in medical research for testing new surgical procedures or developing devices that help patients with mobility problems. Bionic animals can also be used to study human diseases by creating realistic artificial environments in which human cells can be studied and medicines tested on mice can be proven effective against humans as well (in vitro). This factor is anticipated to drive the market over the forecast period due to increase in government funding towards medical studies especially related with brain disorders which involves use of advanced robotic systems having high precision sensors that mimic natural behavior & sensory experience thereby driving demand globally over the forecast period.
Regional Analysis:
North America dominated the global market in 2017. The U.S., which is at the forefront of technological advancements, has witnessed a surge in demand for these animals since their inception. Moreover, an increasing number of conferences and seminars on advanced bionic animals is also propelling the regional market growth over the forecast period.
Asia Pacific region is anticipated to witness lucrative growth during the forecast period owing to rising investments by private as well as public organizations in countries such as Japan and China. Furthermore, growing interest among students regarding working underwater or aerially bionic animals will further boost regional demand during future years 8). For instance, according to a survey conducted by National University of Singapore (NUS), around 40% of undergraduates are interested in working with bionic animal technology 9) Therefore all these factors are collectively expected to contribute toward increased adoption rate for aquatic/bio-mimetic organisms across Asia Pacific region thereby driving its usage across several industries 10).
Growth Factors:
- Increasing demand for meat substitutes: The global population is growing at a rapid pace and so is the demand for food. This has led to an increase in the demand for meat substitutes, which is expected to drive the growth of the bionic animals market.
- Rising awareness about animal welfare: There is a growing awareness among consumers about animal welfare issues, which is driving them towards vegetarianism and veganism. This is expected to boost the growth of the bionic animals market in coming years.
- Technological advancements: The development of new technologies has enabled researchers to create better bionic animals, thereby driving their adoption rate across various industries. This trend is likely to continue in future, propelling the growth of this market further.
Scope Of The Report
Report Attributes
Report Details
Report Title
Bionic Animals Market Research Report
By Type
Working Underwater Type, Working Aerially Type, Working on Land Type, Others
By Application
Exploration, Collecting Samples, Monitoring Environment
By Companies
Robugtix, Festo, Boston Dynamics, KUKA, ABB, DJI, Agility Robotics, Takram, Robosea
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
202
Number of Tables & Figures
142
Customization Available
Yes, the report can be customized as per your need.
Global Bionic Animals Market Report Segments:
The global Bionic Animals market is segmented on the basis of:
Types
Working Underwater Type, Working Aerially Type, Working on Land Type, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Exploration, Collecting Samples, Monitoring Environment
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Robugtix
- Festo
- Boston Dynamics
- KUKA
- ABB
- DJI
- Agility Robotics
- Takram
- Robosea
Highlights of The Bionic Animals Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Working Underwater Type
- Working Aerially Type
- Working on Land Type
- Others
- By Application:
- Exploration
- Collecting Samples
- Monitoring Environment
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Bionic Animals Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Bionic animals are animals that have had some sort of surgery or implant to improve their abilities.
Some of the major companies in the bionic animals market are Robugtix, Festo, Boston Dynamics, KUKA, ABB, DJI, Agility Robotics, Takram, Robosea.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Bionic Animals Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Bionic Animals Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Bionic Animals Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Bionic Animals Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Bionic Animals Market Size & Forecast, 2020-2028 4.5.1 Bionic Animals Market Size and Y-o-Y Growth 4.5.2 Bionic Animals Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Working Underwater Type
5.2.2 Working Aerially Type
5.2.3 Working on Land Type
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Exploration
6.2.2 Collecting Samples
6.2.3 Monitoring Environment
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Bionic Animals Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Bionic Animals Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Working Underwater Type
9.6.2 Working Aerially Type
9.6.3 Working on Land Type
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Exploration
9.10.2 Collecting Samples
9.10.3 Monitoring Environment
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Working Underwater Type
10.6.2 Working Aerially Type
10.6.3 Working on Land Type
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Exploration
10.10.2 Collecting Samples
10.10.3 Monitoring Environment
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Working Underwater Type
11.6.2 Working Aerially Type
11.6.3 Working on Land Type
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Exploration
11.10.2 Collecting Samples
11.10.3 Monitoring Environment
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Working Underwater Type
12.6.2 Working Aerially Type
12.6.3 Working on Land Type
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Exploration
12.10.2 Collecting Samples
12.10.3 Monitoring Environment
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Working Underwater Type
13.6.2 Working Aerially Type
13.6.3 Working on Land Type
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Exploration
13.10.2 Collecting Samples
13.10.3 Monitoring Environment
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Bionic Animals Market: Competitive Dashboard
14.2 Global Bionic Animals Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Robugtix
14.3.2 Festo
14.3.3 Boston Dynamics
14.3.4 KUKA
14.3.5 ABB
14.3.6 DJI
14.3.7 Agility Robotics
14.3.8 Takram
14.3.9 Robosea