Global Human Augmentation Market Is Expected To Generate Huge Profits by 2015 to 2021

The global human augmentation market is categorized based on various types of products and applications. Based on products, the report covers wearable augmentation products and in-built augmentation products. The wearable augmentation product segment accounts for the largest market share in the global human augmentation market. The wearable augmentation product segment is further sub-segmented into eye-wear, wrist-wear, neck-wear, foot-wear, body-wear, and others. Major eye-wear products include smart contact lenses, Helmet-Mounted Display (HMD), Head-Up Display (HUD), and Google glass. The wrist-wear sub-segment is further sub-divided into wrist bands and watches. Major neck-wear products include ties and collars and ornaments and precious metals. The body-wear sub-segment is further sub-segmented into arm and leg wear and clothing and innerwear. Other category includes smart headsets, smart socks, and smart rings. Eye-wear and wrist-wear sub-segments hold the largest market share in the global human augmentation market. Based on applications, the report covers health care, industrial, and defense industries.

View Sample Report @ http://www.persistencemarketresearch.com/samples/4463

In terms of geography, North America dominates the global human augmentation market. This is due to the improved economy and increasing demand for augmentation products in the region. In addition, technological advancements in medical wearable products have also propelled the growth of the market in North America. The U.S. represents the largest market for human augmentation in North America, followed by Canada. In Europe, Germany, France, and the U.K. account for major shares of the human augmentation market. The human augmentation market in Asia is also expected to witness high growth rates in the next five years. This is due to the increasing innovative applications of augmentation products and rising awareness about therapeutic applications of the medical wearable augmentation products in the region. Rising demographics and economies in developing countries, such as India and China, are expected to lead to the growth in the human augmentation market in Asia. Moreover, India, China, and Japan, are expected to be the fastest growing markets for human augmentation products in the region.

Increasing demand for wearable augmentation products and rising awareness about therapeutic applications of medical wearable products are some of the major driving factors of the global human augmentation market. Also, technological advancements witnessed in sensor technologies have further propelled the growth of the global human augmentation market.

Lack of skilled IT professionals and high cost of equipment are the major restraints for the global human augmentation market. In addition, imposition of stringent regulations for the approval of augmentation devices as well as the related legal and social concerns inhibits the growth of the market. Rapid product launches and increasing number of mergers and acquisitions between various health care IT companies are some of the major trends observed in the global human augmentation market.

Request TOC (desk of content material), Figures and Tables of the report: http://www.persistencemarketresearch.com/toc/4463

The major companies operating in this market are Second Sight Medical Products, Inc., B-Temia Inc., Vuzix Corporation, Braingate Company, Samsung Electronics Co. Ltd., Ekso Bionics Holdings, Inc., Rewalk Robotics Ltd., Google Inc., Raytheon Company, and Magic Leap, Inc.

About Us
Persistence Market Research (PMR) is a U.S.-based full-service market in-telligence firm specializing in syndicated research, custom research, and consulting services. PMR boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients’ business needs.

PMR stands committed to bringing more accuracy and speed to clients’ business decisions. From ready-to-purchase market research reports to customized research solutions, PMR’s engagement models are highly flexi-ble without compromising on its deep-seated research values.

Contact
Persistence Market Research Pvt. Ltd
305 Broadway
7th Floor, New York City,
NY 10007, United States,
USA – Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com

This release was published on openPR.