Market Overview:
The global bionic human body 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 organs, bionic exoskeletons, and other related products. The medical treatment application segment is expected to dominate the global market during the forecast period. North America is expected to lead the global market in terms of revenue during the forecast period.
Product Definition:
A bionic human body is an artificial body that has been enhanced with robotic parts. These robotic parts can be used to improve the strength, speed, and agility of the person wearing them. The importance of a bionic human body is that it can help people perform tasks that they would not be able to do otherwise. It can also help people recover from injuries more quickly.
Bionic Organ:
Bionic organs are artificial devices that replace or enhance the functioning of damaged human organs. The most common types of bionics used in transplantation include heart, kidney, liver and lungs. Some other types of bionics include pancreas, thymus and bone marrow.
Bionic Exoskeleton:
Bionic Exoskeleton is a mechanical device used to support the body or people who cannot walk. Bionic human body consists of exoskeleton and nervous system which are operated by Artificial Intelligence (AI). The major function of this bionic human body is to provide stability while walking, running, jumping or changing directions.
Application Insights:
The medical treatment segment dominated the global market in 2017 and is expected to witness significant growth over the forecast period. The growing need for assistive devices that restore mobility to paralysed patients, as well as advanced bionic implants used for therapeutic purposes, is anticipated to drive demand over the forecast period.
The military defense segment accounted for a share of 11.8% in 2017 owing to increasing government expenditure on research & development activities related to exoskeletons and powered armor suits designed specifically for soldiers involved in armed conflicts. These products are primarily aimed at providing enhanced protection against high-velocity objects and ballistic impacts, thereby enhancing soldier survivability during combat operations.
In addition, rapid advancements being made by various companies focusing on bionic implantable devices that can be used either alone or together with other existing technologies (eHealth) intended at improving healthcare services through technological innovation are expected fuel market growth over the coming years.
Regional Analysis:
North America dominated the global market in 2017. The presence of a large number of companies and high investments by these companies in R&D are some factors contributing to the growth. In addition, increasing cases of chronic diseases such as Parkinson’s disease, arthritis, and others are expected to drive bionic human body demand over the forecast period.
Asia Pacific is anticipated to witness significant growth over the next eight years owing to rising healthcare expenditure by various governments along with an increase in disposable income levels that enable people for better health care facilities.
The European market is driven by technological advancements such as miniaturization.
Growth Factors:
- Increasing geriatric population: The global geriatric population is expected to grow at a CAGR of 6.5% from 2016 to 2020, reaching 1.6 billion by 2020. This will create a large pool of patients with age-related health conditions, which will drive the demand for bionic human body implants and prostheses.
- Rising incidence of injuries and accidents: There is an increasing incidence of injuries and accidents across the globe, which is resulting in an increase in the demand for bionic human body implants and prostheses. For instance, according to the World Health Organization (WHO), road traffic injuries are one of the leading causes of death globally, accounting for 1.25 million deaths each year.
- Growing awareness about advanced medical technologies: There is growing awareness about advanced medical technologies among healthcare professionals as well as patients worldwide due to increasing incidences of chronic diseases such as cancer and diabetes mellitus that can be treated with bionic human body implants and prostheses .This is likely to boost demand for these devices in the coming years .
Scope Of The Report
Report Attributes
Report Details
Report Title
Bionic Human Body Market Research Report
By Type
Bionic Organ, Bionic Exoskeleton, Others
By Application
Medical Treatment, Military Defense, Others
By Companies
Cyberdyne, Hocoma, ReWalk Robotics, Ekso Bionics, LockHeed Martin, Parker Hannifin, Interactive Motion Technologies, Panasonic, Myomo, B-TEMIA Inc., Alter G, US Bionics
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
214
Number of Tables & Figures
150
Customization Available
Yes, the report can be customized as per your need.
Global Bionic Human Body Market Report Segments:
The global Bionic Human Body market is segmented on the basis of:
Types
Bionic Organ, Bionic Exoskeleton, 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
Medical Treatment, Military Defense, Others
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:
- Cyberdyne
- Hocoma
- ReWalk Robotics
- Ekso Bionics
- LockHeed Martin
- Parker Hannifin
- Interactive Motion Technologies
- Panasonic
- Myomo
- B-TEMIA Inc.
- Alter G
- US Bionics
Highlights of The Bionic Human Body 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:
- Bionic Organ
- Bionic Exoskeleton
- Others
- By Application:
- Medical Treatment
- Military Defense
- Others
- 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 Human Body 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
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- Consumer Insights
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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 human body is a hypothetical technology that would allow humans to have enhanced physical abilities beyond those of the average person. These enhancements could include increased strength, speed, and agility; improved senses; and the ability to heal faster than normal.
Some of the major players in the bionic human body market are Cyberdyne, Hocoma, ReWalk Robotics, Ekso Bionics, LockHeed Martin, Parker Hannifin, Interactive Motion Technologies, Panasonic, Myomo, B-TEMIA Inc., Alter G, US Bionics.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Bionic Human Body 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 Human Body Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Bionic Human Body 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 Human Body 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 Human Body Market Size & Forecast, 2018-2028 4.5.1 Bionic Human Body Market Size and Y-o-Y Growth 4.5.2 Bionic Human Body Market Absolute $ Opportunity
Chapter 5 Global Bionic Human Body 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 Bionic Human Body Market Size Forecast by Type
5.2.1 Bionic Organ
5.2.2 Bionic Exoskeleton
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Bionic Human Body 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 Bionic Human Body Market Size Forecast by Applications
6.2.1 Medical Treatment
6.2.2 Military Defense
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Bionic Human Body 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 Human Body 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 Bionic Human Body Analysis and Forecast
9.1 Introduction
9.2 North America Bionic Human Body 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 Bionic Human Body Market Size Forecast by Type
9.6.1 Bionic Organ
9.6.2 Bionic Exoskeleton
9.6.3 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 Bionic Human Body Market Size Forecast by Applications
9.10.1 Medical Treatment
9.10.2 Military Defense
9.10.3 Others
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 Bionic Human Body Analysis and Forecast
10.1 Introduction
10.2 Europe Bionic Human Body 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 Bionic Human Body Market Size Forecast by Type
10.6.1 Bionic Organ
10.6.2 Bionic Exoskeleton
10.6.3 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 Bionic Human Body Market Size Forecast by Applications
10.10.1 Medical Treatment
10.10.2 Military Defense
10.10.3 Others
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 Bionic Human Body Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Bionic Human Body 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 Bionic Human Body Market Size Forecast by Type
11.6.1 Bionic Organ
11.6.2 Bionic Exoskeleton
11.6.3 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 Bionic Human Body Market Size Forecast by Applications
11.10.1 Medical Treatment
11.10.2 Military Defense
11.10.3 Others
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 Bionic Human Body Analysis and Forecast
12.1 Introduction
12.2 Latin America Bionic Human Body 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 Bionic Human Body Market Size Forecast by Type
12.6.1 Bionic Organ
12.6.2 Bionic Exoskeleton
12.6.3 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 Bionic Human Body Market Size Forecast by Applications
12.10.1 Medical Treatment
12.10.2 Military Defense
12.10.3 Others
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) Bionic Human Body Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Bionic Human Body 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) Bionic Human Body Market Size Forecast by Type
13.6.1 Bionic Organ
13.6.2 Bionic Exoskeleton
13.6.3 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) Bionic Human Body Market Size Forecast by Applications
13.10.1 Medical Treatment
13.10.2 Military Defense
13.10.3 Others
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 Human Body Market: Competitive Dashboard
14.2 Global Bionic Human Body Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Cyberdyne
14.3.2 Hocoma
14.3.3 ReWalk Robotics
14.3.4 Ekso Bionics
14.3.5 LockHeed Martin
14.3.6 Parker Hannifin
14.3.7 Interactive Motion Technologies
14.3.8 Panasonic
14.3.9 Myomo
14.3.10 B-TEMIA Inc.
14.3.11 Alter G
14.3.12 US Bionics