Press release
Bionics Market Analysis, Size, Current Scenario and Future Prospects
The growing shortage of organs has fueled demand for artificial organs, that offer support to patients, improve their survival rates, and minimize the complications associated with organ rejection while obtaining organs from both living and deceased donors. There are several companies involved in the manufacturing of artificial heart valves, which include Abbott Laboratories, Edwards Lifesciences Corp., and Boston Scientific Corp.
The global bionics market is classified into product, type of fixation, technology, and application. Based on the product, the market is classified into bionic heart, bionic orthopedic, bionic brain, bionic vision, bionic ear, and others. Based on the type of fixation, the market is classified into externally worn and implantable. Based on technology, the market is classified into electronic bionics and mechanical bionics. Based on application, the market is classified into healthcare, defense, and industrial.
The global bionics market is classified into four major regions, including North America, Europe, Asia-Pacific, and Rest of the World (RoW). In 2018, North America witnessed a significant share in the market owing to the increasing number of heart failures, rising geriatric population, and increasing spinal cord injuries in the region. About 6.2 million adults in the United States suffered heart failure. In 2018, heart failure was mentioned on 379,800 death certificates (13.4%).
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Market Coverage
The market number available for - 2022-2030
Base year- 2022
Forecast period- 2022-2030
Segment Covered
Competitive Landscape: Abbott Laboratories, Medtronic plc, Boston Scientific Corp., Ekso Bionics, and Lockheed Martin Corp., among others.
A full Report of Bionics Market is Available at: https://www.omrglobal.com/industry-reports/bionics-market-share
Bionics Market by Product
Bionic Heart
Artificial Heart Valve
Total Artificial Heart
Ventricular Assist Device
Pacemaker
Bionic Orthopaedic
Exoskeleton
Hand
Leg
Others
Bionic Brain
Deep Brain Stimulators
Spinal Cord Stimulators
Transcutaneous Electric Nerve Stimulation
Vagus Nerve Stimulators
Others
Bionic Vision
Bionic Ear
Cochlear Implants
Auditory Brainstem Implants
Bone Anchored Hearing Aid (BAHA)
Others
By Type of Fixation
Externally Worn
Implantable
By Technology
Electronic Bionics
Mechanical Bionics
By Application
Healthcare
Defense
Industrial
Regional Analysis
North America
United States
Canada
Europe
UK
Germany
Spain
France
Italy
Rest of Europe
Asia-Pacific
India
China
Japan
South Korea
Rest of APAC
Rest of the World
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Media Contact:
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Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
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About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
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