openPR Logo
Press release

Bionics Market Analysis, Size, Current Scenario and Future Prospects

08-16-2023 12:40 PM CET | Health & Medicine

Press release from: Orion Market Research

Bionics Market Analysis, Size, Current Scenario and Future

Bionics Market is estimated to grow at a significant CAGR during the forecast period. The rising demand for organ transplantation and a large increase in neurostimulation treatments are two key factors driving market expansion. Because of the expanding number of patients with heart failure, renal failure, and liver disease, the need for organ transplantation has increased dramatically. According to Health Resources and Services Administration (HRSA), in the US, around 39 thousand transplants were performed in 2020.

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%).

To Request a Sample of our Report on Bionics Market:  https://www.omrglobal.com/request-sample/bionics-market-share

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

Reasons to buy from us -

We cover more than 15 major industries, further segmented into more than 90 sectors.
More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
Our expert research analysts answer all your questions before and after purchasing your report.

For More Customized Data, Request for Report Customization @  https://www.omrglobal.com/report-customization/bionics-market-share

Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com

Contact no:  +91 7803040404

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.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Bionics Market Analysis, Size, Current Scenario and Future Prospects here

News-ID: 3166741 • Views:

More Releases from Orion Market Research

Road Marking Paint Market : A Guide to Understanding the Process
Road Marking Paint Market : A Guide to Understanding the Process
The Road Marking Paint Market, valued at approximately USD 5.02 billion in 2023, is projected to reach around USD 7.69 billion by 2033, growing at a compound annual growth rate (CAGR) of 4.36% from 2024 to 2033. Road Marking Paint Market Overview The Road Marking Paint Market is steadily expanding, driven by burgeoning infrastructure investments and the need for improved road safety. Governments and municipalities are increasingly allocating funds toward both new
Outboard Boat Market Size Analysis, Competitive Insights, Leading Players and Growth Opportunities by 2033
Outboard Boat Market Size Analysis, Competitive Insights, Leading Players and Gr …
The Outboard Boats Market, valued at approximately USD 5.74 billion in 2023, is projected to grow to around USD 14 billion by 2033, reflecting a compound annual growth rate (CAGR) of about 9% over the 2024-2033 period. Outboard Boat Market Overview The Outboard Boat Market continues to expand robustly, fueled largely by rising demand for recreational boating, favorable economic conditions, and the appeal of leisure marine activities. Innovations in outboard motor technology-including
Mobile Ticketing Market Size Analysis, Competitive Insights, Leading Players and Growth Opportunities by 2033
Mobile Ticketing Market Size Analysis, Competitive Insights, Leading Players and …
The Mobile Ticketing Market, valued at about USD 2.9 billion in 2023, is anticipated to grow to approximately USD 11.39 billion by 2033, reflecting a robust CAGR of 16.7% from 2024 to 2033. Mobile Ticketing Market Overview The Mobile Ticketing Market is undergoing rapid expansion, driven primarily by the global surge in smartphone usage and consumer preference for contactless, digital experiences. This growth is further propelled by widespread adoption of digital payments,
Metal Alloy Market Size Analysis, Competitive Insights, Leading Players and Growth Opportunities by 2033
Metal Alloy Market Size Analysis, Competitive Insights, Leading Players and Grow …
The Metal Alloy Market, valued at approximately USD 301.7 billion in 2023, is projected to reach USD 533.9 billion by 2033, growing at a compound annual growth rate (CAGR) of 5.9% from 2024 to 2033. Metal Alloy Market Overview The Metal Alloy Market is experiencing steady, long-term expansion, driven by growing demand from key sectors such as automotive, aerospace, construction, and electronics. Applications in next-generation vehicles and aircraft are pushing interest in

All 5 Releases


More Releases for Bionic

Medical Bionic Implants Market - Reimagining Mobility: Bionic Implants for a Lif …
Newark, New Castle, USA: The "Medical Bionic Implants Market" provides a value chain analysis of revenue for the anticipated period from 2022 to 2030. The report will include a full and comprehensive analysis of the business operations of all market leaders in this industry, as well as their in-depth market research, historical market development, and information about their market competitors Medical Bionic Implants Market: https://www.growthplusreports.com/report/medical-bionic-implants-market/7802 This latest report researches the industry structure,
Bionic Eye Market Research Objective by Global Players as Retina Implant AG, Sec …
This Market report “Global Bionic Eye Market Research Report”provides detailed insight covering all important parameters including Development Trends, Challenges, Opportunities, Key Manufacturers and Competitive Analysis. Bionic Eye Market – Overview Bionic eyes have revolutionized the vision impairment ailment in such a manner that has created immense scope for treating vision related defects. Market Research Future which researches and publishes report linked to the healthcare sector along with published reports on other sectors, recently
Know how Bionic Eye Market is Thriving by Top Players: Retina Implant AG, Bionic …
Up Market Research offers a latest published report on “Global Bionic Eye Market Research Report 2019” delivering key insights and providing a competitive advantage to clients through a detailed report. The report contains 94 pages which highly exhibit on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability. Request Sample Copy Of this Report @ https://www.upmarketresearch.com/home/requested_sample/60989 Bionic Eye Market research report delivers a close watch
Bionic Eye Market Vision by 2023 with Industry Drivers like Retina Implant AG, S …
This Market report “Global Bionic Eye Market Research Report”provides detailed insight covering all important parameters including Development Trends, Challenges, Opportunities, Key Manufacturers and Competitive Analysis. Bionic Eye Market - Overview Bionic eye is a useful visual prosthetic that can restore the visual function of the patient suffering from complete or partial blindness. Market Research Future (MRFR) has published a research report about the global bionic eye market that foretells surge with 9.8%
Bionic Eye Market 2018-2025 SWOT Analysis By Major Eminent Players: Retina Impla …
Bionic Eye is an experimental visual device intended to restore functional vision in those suffering from partial or total blindness. This report studies the global Bionic Eye market status and forecast, categorizes the global Bionic Eye market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, India, Southeast Asia and other regions (Central & South America, and
Bionic Glove’s Market 2018 - 2028 | Key Players are Bionic Gloves, Bionic, Med …
Bionics is engineering inspired by biology and its application to the design of systems and technology. Bionics mimic and imitate natural methods and mechanisms. Examples of bionics are self-cleaning paints and roof tiles engineered to mimic the mechanism of lotus plant. Bionic gloves are electrical stimulator garments providing controlled grasp and hand opening. The signals from sensor in the ionic glove detect voluntary wrist movement and is used to control