Market Overview:
The global human enhancement 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 wearable enhancements and in-built enhancements. The defense sector is expected to be the fastest-growing application segment during the forecast period. North America is expected to hold the largest share of the global human enhancement market in 2018, while Asia Pacific is projected to be the fastest-growing region during the forecast period. Some of the key players operating in this market are BAE Systems (UK), Lockheed Martin Corporation (US), Raytheon Company (US), Thales Group (France) and Israel Aerospace Industries Ltd.
Product Definition:
Human Enhancement is the use of technology to improve human abilities. It can include things like prosthetics, implants, and drugs. The importance of Human Enhancement is that it can help people overcome disabilities or limitations and improve their quality of life.
In-built Enhancement:
In-built enhancement is a technology that enhances the body's performance by improving motor skills and reaction time. It improves physical capabilities of human beings with the help of implants, which are non-invasive devices that are directly inserted into the body. These enhancements can be either hardware or software based on need depending upon factors such as age, lifestyle and health conditions of an individual. In general, enhancements are classified into two types: permanent and temporary (wearable).
Wearable Enhancement:
Wearable enhancements are devices or products that can be worn by human beings to improve their physical and mental capabilities. These enhancements can be used for military, sports, medical research, and other activities. Wearable enhancement technologies have been in development for many years; however the commercialization of these products has only recently begun due to increased consumer demand.
Application Insights:
Defense was the largest application segment in 2015 and is expected to witness significant growth over the forecast period. The growing use of these devices for enhancing battlefield performance, soldier survivability, and overall unit morale is expected to drive demand. Furthermore, rising concerns regarding personal safety among soldiers are anticipated to further propel demand in defense applications during the forecast period.
Healthcare was one of the fastest-growing application segments owing to increasing adoption of wearable devices for monitoring patients¢â‚¬â„¢ vital signs & tracking their health data. In addition, growing concerns regarding patient mortality rates due to understaffing at hospitals coupled with a rise in number of hospital-acquired EH devices are likely fuel market growth over the next few years. Other key factors driving this industry include government initiatives encouraging population participation & usage as well as technological advancements that improve device efficiency and accuracy while reducing costs incurred by healthcare organizations or governments on behalf of consumers/citizensry respectively).
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to increasing defense expenditure by countries such as U.S., China, and Russia among others which are anticipated to drive demand for enhanced human performance in warfare conditions thus driving product demand over the forecast period.
Asia Pacific is projected to grow at a significant rate over the next eight years owing to rising disposable income, improving healthcare infrastructure along with growing awareness about various available enhancement products and services resulting into increased adoption of these products & services in this region which will drive growth during the forecast period.
Growth Factors:
- Increasing demand for human enhancement products from the aging population.
- Growing awareness about the benefits of human enhancement products among consumers.
- Rising disposable income of consumers, which is enabling them to afford human enhancement products.
- Availability of a wide variety of human enhancement products in the market catering to different needs and preferences of consumers.
Scope Of The Report
Report Attributes
Report Details
Report Title
Human Enhancement Market Research Report
By Type
In-built Enhancement, Wearable Enhancement
By Application
Defense, Healthcare, Others
By Companies
Google, Samsung Electronics, Second Sight, Raytheon, Magic Leap, Vuzix, Ekso Bionics, BrainGate, B-Temia
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
192
Number of Tables & Figures
135
Customization Available
Yes, the report can be customized as per your need.
Global Human Enhancement Market Report Segments:
The global Human Enhancement market is segmented on the basis of:
Types
In-built Enhancement, Wearable Enhancement
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
Defense, Healthcare, 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:
- Google
- Samsung Electronics
- Second Sight
- Raytheon
- Magic Leap
- Vuzix
- Ekso Bionics
- BrainGate
- B-Temia
Highlights of The Human Enhancement 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:
- In-built Enhancement
- Wearable Enhancement
- By Application:
- Defense
- Healthcare
- 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 Human Enhancement 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
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Human enhancement is the use of technology or other methods to improve human abilities. This can include anything from increasing strength, speed, or intelligence to improving appearance or hearing. Enhancement may be done for personal gain, for the benefit of others, or as part of a scientific experiment.
Some of the major companies in the human enhancement market are Google, Samsung Electronics, Second Sight, Raytheon, Magic Leap, Vuzix, Ekso Bionics, BrainGate, B-Temia.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Human Enhancement 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 Human Enhancement Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Human Enhancement 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 Human Enhancement 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 Human Enhancement Market Size & Forecast, 2020-2028
4.5.1 Human Enhancement Market Size and Y-o-Y Growth
4.5.2 Human Enhancement 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 In-built Enhancement
5.2.2 Wearable Enhancement
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 Defense
6.2.2 Healthcare
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Human Enhancement 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 Human Enhancement 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 In-built Enhancement
9.6.2 Wearable Enhancement
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 Defense
9.10.2 Healthcare
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 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 In-built Enhancement
10.6.2 Wearable Enhancement
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 Defense
10.10.2 Healthcare
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 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 In-built Enhancement
11.6.2 Wearable Enhancement
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 Defense
11.10.2 Healthcare
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 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 In-built Enhancement
12.6.2 Wearable Enhancement
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 Defense
12.10.2 Healthcare
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) 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 In-built Enhancement
13.6.2 Wearable Enhancement
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 Defense
13.10.2 Healthcare
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 Human Enhancement Market: Competitive Dashboard
14.2 Global Human Enhancement Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Google
14.3.2 Samsung Electronics
14.3.3 Second Sight
14.3.4 Raytheon
14.3.5 Magic Leap
14.3.6 Vuzix
14.3.7 Ekso Bionics
14.3.8 BrainGate
14.3.9 B-Temia
