Press release
global Human Augmentation Market is expected to reach USD 2.84 billion and CAGR 30% by 2023
The global Human Augmentation Market is expected to reach approximately USD 2.84 billion by 2023, growing at a CAGR of 30.07% between 2017 and 2023.The Human Augmentation Market market has been divided into various segments based on product, end users, and region. On the basis of product, the market is sub-segmented into wearable augmentation and inbuilt augmentation. By end-user, the market is sub-segmented into healthcare, defense, manufacturing, IT, and others. By region, the market is sub-segmented into North America, Asia-Pacific, Europe, and the rest of the world.
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Human Augmentation Market report based on the product, the segment wearable augmentation led the market by generating the highest revenue of USD 576.46 million in 2017 and is expected to grow with 30.10% CAGR in the forecast period. Whereas, in-built augmentation is expected to be the leading market segment in the future, growing at 28.78% CAGR. In this Human Augmentation Market report the major components of in-built augmentation includes brain-computer interface (BCI), neurotechnology, and gene editing technology. In the end-user segment, healthcare is expected to witness high market growth in the coming years at a CAGR of 30.54%, which is estimated to generate a market value of USD 2.37 billion by 2023. The defense segment is following and is projected to grow at 28.92% CAGR.
Market Scenario:
Top Business Players:
The key players of Human Augmentation Market include B-Temia, Inc., BrainGate Company, Ekso Bionics Holdings, Inc., Cyber dyne, Inc., Raytheon Company, Samsung Electronics Co Ltd, Bionik Laboratories Corp., Toyota Motor Corporation, Panasonic Corporation, and Parker Hannifin among others
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Human Augmentation Market Analysis and Forecasts 2023
• To provide a detailed analysis of the market structure along with a forecast of the various segments and sub-segments of the Human Augmentation Market
• To provide insights about factors affecting the market growth
• To analyze the Human Augmentation Market based on Porter's five force analysis
• To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries— North America, Europe, Asia, and the rest of the world
• To provide country-level analysis of the market with respect to the current market size and future perspective
• To provide country-level analysis of the Human Augmentation Market for segment on the basis of product, end users, and region
• To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market
• To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the Human Augmentation Market
Target Audience
and more…
Key Findings of this Human Augmentation Market report
• The global Human Augmentation Market is expected to reach USD 2.84 billion by 2023
• By product, wearable augmentation is leading the market by generating the highest revenue of USD 576.46 million in 2017 and is expected to grow at 30.10% CAGR. Whereas, in-built augmentation is expected to be the leading market in the future, growing with 28.78% CAGR
• By end-user, healthcare sector is expected to witness a high market growth in coming years. It is expected to grow with the highest CAGR of 30.54% and estimated to generate high market value of USD 2.37 billion by 2023
Regional and Country Analysis of Human Augmentation Market Estimation and Forecast:
• North America
• Europe
• Asia-Pacific
• Rest of the World
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