Medical Bionic Implants Market to Cross USD$ 22 Billion by 2022

New York, March 27: Market Research Engine has published a new report titled as “Medical Bionic Implants Market By Product Analysis (Artificial Organs, Bionic Implants); By Method of fixation Analysis (Implantable, Externally Worn); By Technology Analysis (Electronic, Mechanical) and By Regional Analysis – Global Forecast by 2016 – 2022”.

How Big is the Global Medical Bionic Implants Market?

The Global Medical Bionic Implants Market is expected to exceed more than USD$ 22 billion by 2022 and will grow at a CAGR of more than 7% in the given forecast period.

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In medicine, a bionic refers to an artificial robot body element. Bionic implanting is a technique of changing or enhancing the capability of an organ by way of replacing it with robot element. With the advent of improved generation, it has turn out to be feasible to implement the use of robotics in human organs. The Global Medical Bionic Implants Market is advancing and has witnessed growth in the last two decades and is predicted to grow in addition inside the destiny. Artificial organs are manmade implants which might be included in human frame to imitate the characteristic of original organ. Further, bionics is a collaboration of electronics and biology. Medical bionics are robot alternative of other components of body. Those bionics mimics the function of natural biological structures.

The major driving factors of Global Medical Bionic Implants Market are as follows:

• Growing population
• Increasing road accidents

The restraining factors of Global Medical Bionic Implants Market are as follows:

• High rate of treatment
• Limited surgical expertise
• Expensive devices

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The Global Medical Bionic Implants Market is segmented on the lines of its product, method of fixation, technology and regional. Product is further segmented into artificial organs and bionic implants. Artificial organs is classified into artificial heart, artificial kidney, total artificial heart, artificial liver, insulin pumps, haemodialysis machines, artificial lungs, artificial pancreas and oxygenators. A bionic implant covers ear bionics, orthopaedic bionics, vision bionics, neural /brain bionics, heart bionics and biological tissue valves. Method of fixation is segmented into implantable and externally worn. Technology segmentation is classified into electronic and mechanical technology. The Global Medical Bionic Implants Market on geographic segmentation covers various regions such as North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Each geography market is further segmented to provide market revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan, India, Brazil, and GCC countries.

This report provides:

1) An overview of the global market for medical bionic implants and related technologies.

2) Analyses of global market trends, with data from 2013, estimates for 2014 and 2015, and projections of compound annual growth rates (CAGRs) through 2022.

3) Identifications of new market opportunities and targeted promotional plans for Global Medical Bionic Implants Market.

4) Discussion of research and development, and the demand for new products and new applications.

5) Comprehensive company profiles of major players in the industry.

REPORT SCOPE:

The scope of the report includes a detailed study of global and regional markets Global Medical Bionic Implants Market with the reasons given for variations in the growth of the industry in certain regions.

The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include LifeNet Health U.S., Terumo Corporation, Össur U.S., EKSO Bionics, Nano Retina Inc., Israel, Second Sight Medical Products, Edwards Life Sciences Corporation, Medtronic Inc. Tibion Corporation, Touch Bionics Limited, Otto Bock Healthcare, Orthofix International U.S.A., and the Boston Scientific Corporation among others. Company profile includes assign such as company summary, financial summary, business strategy and planning, SWOT analysis and current developments.

The Top Companies Report is intended to provide our buyers with a snapshot of the industry’s most influential players.

The Global Medical Bionic Implants Market has been segmented as below:

By Product Analysis

• Artificial Organs
o Artificial Heart
o Artificial Kidney
o Total Artificial Heart (TAH)
o Artificial Liver
o Insulin Pumps
o Haemodialysis Machines
o Artificial Lungs
o Artificial Pancreas
o Oxygenators

• Bionic Implantso Ear Bionics
o Orthopaedic Bionics
o Vision Bionics
o Neural /Brain Bionics
o Heart Bionics
o Biological Tissue Valves
By Method of fixation Analysis

• Implantable
• Externally Worn

By Technology Analysis

• Electronic
• Mechanical

By Regional Analysis

• North America
• Europe
• Asia-Pacific
• Rest of the World

Reasons to Buy this Report:

1) Obtain the most up to date information available on all Global Medical Bionic Implants Market.
2) Identify growth segments and opportunities in the industry.
3) Facilitate decision making on the basis of strong historic and forecast of Global Medical Bionic Implants Market data.
4) Assess your competitor’s refining portfolio and its evolution.

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