Medical Bionics Market Technology Growth and Future Scope 2020 to 2025

The Latest Global Medical Bionics Market Research Report published by Market Insights Reports predicts the market to grow at a CAGR of 9.2% during the period from 2020 to 2025. There will be a fall in the growth rate during 2020 and 2021 to around 4% but it is again expected to pick up towards the end of 2021. This report deep dive in the key market segments, countries and provides detailed competitive intelligence about the key companies operating in the market. The historical data is provided from 2014 to 2019 and the forecasted data is from 2020 to 2025. During each of these years, the key events affecting the industry, macro and micro economic factors have been taken into consideration while arriving at the CAGR.

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Bionics also known as biomedical implants are artificial addition to the body. These artificial implants mimic the function of the lost or non-functional body part such as limb or eye. Increasing accidents and injuries leading to amputations, rising number of people opting for organ transplants, and increasing pool of geriatric population and associated organ failures are some of the factors driving the growth of the global market.

Global Medical Bionics Market was valued at USD 15,465 million in 2018, and is expected to garner USD 29,320 million by 2025, registering a CAGR of 9.2% during the forecast period.

The prominent players in the Global Medical Bionics Market:
Advanced Bionics, Mobiusbionics, Edwards Lifesciences, Ekso Bionics, LifeNet Health, Retina Implant, Orthofix International, William Demant, SECOND SIGHT, SynCardia Systems, Cochlear and Others.

The ‘Medical Bionics’ market can be divided based on product types and It’s sub-type, major applications and Third Party usage area, and important regions.
This report segments the Global Medical Bionics Market on the basis of Types are:
By Product
Vision Bionics/Bionic Eye
Ear Bionics
Orthopedic Bionics
Cardiac Bionics
Neural/Brain Bionics
By Method of Fixation
Implantable Bionics
External Bionics

On the basis of Application, the Global Medical Bionics Market is segmented into:
Cardiac disorders
Neural disorders
Hearing and vision loss

Industry News: -

Ekso Bionics Releases its Upgraded EksoPulse Platform, Advanced Cloud-Based Analytics for Robotic Exoskeleton-Assisted Rehabilitation

RICHMOND, Calif., Feb. 06, 2020 - Ekso Bionics Holdings, Inc. (NASDAQ: EKSO), a main engineer of automated exoskeletons, today reported the overall dispatch of its updated EksoPulse stage, an inventive cloud-based data innovation stage that measures and breaks down advancement utilizing the EksoNR mechanical exoskeleton. The improved examination framework gives a simple to-utilize dashboard to outline movement in recovery meetings, upgrading the clinician, institutional, and understanding experience of the most clinically utilized exoskeleton.

The new EksoPulse stage innovation exceptionally permits physical advisors and doctors to follow and customize persistent consideration with EksoNR. During recovery meetings, EksoPulse catches significant proportions of patient advancement, including the quantity of steps taken, the nature of steps, and how much help was given to a patient. The information is then synchronized by means of cell innovation and transmitted to Ekso's protected, cloud-based framework.

(Original Source: - https://www.roboticsbusinessreview.com/health-medical/ekso-bionics-launches-new-exoskeleton-for-neurorehabilitation/)

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Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), and market share and growth rate of Medical Bionics Market these regions, from 2020 to 2025 (forecast), covering North America, Europe, China, Japan, Southeast Asia, India, North America (USA, Canada and Mexico) Europe (Germany, France, UK, Russia and Italy) Asia–Pacific (China, Japan, Korea, India and Southeast).

Significant Features that are under Offering and Key Highlights of the Reports:
– Detailed overview of Medical Bionics Market
– Changing market dynamics of the industry
– In-depth market segmentation by Type, Application etc.
– Historical, current and projected market size in terms of volume and value
– Recent industry trends and developments
– Competitive landscape of Medical Bionics Market
– Strategies of key players and product offerings
– Potential and niche segments/regions exhibiting promising growth

The research includes historic data from 2015 to 2019 and forecasts until 2025 which makes the report an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.

Finally, the Medical Bionics market report offers a complete and detailed study of global Medical Bionics market by using numerous analytical tools and models such as SWOT analysis, investment return analysis, and porter’s five forces analysis which are useful for beginners to access the upcoming opportunities. After exploring the market insights through primary and secondary research methodologies, if anything is required except than this, market insight reports will provide customization as per specific demands.

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