Quickly aging worldwide populace, expanding number of individuals suffering from organ failure and growing occurrence of motor accidents and other work-related accidents are some drivers which are positively affecting the market.
According to Stratistics MRC, the Global Bionic Devices Market is accounted for $10.5 billion in 2016 and is expected to reach $30.2 billion by 2023 growing at a CAGR of 16.3% during the forecast period.
However, inalienable cost of these items to the patients who require them and fright of gadget malfunction or failure is hindering the market. By geography, North America captured the highest share during the forecast period due to increase per capita income and growing alertness among the populace.
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Some of the key players in Bionic Devices market include Abiomed Inc., Activelink Co. Ltd., Advanced Bionics Corp., Alterg, Axosuits Srl, Bae Systems Plc, Bionx Medical Technologies Inc., B-Temia Inc., Bana Teknoloji, Bionik Laboratories, Bioservo Technologies AB, Carmat S.A., Cleveland Fes Center, COAPT Llc, Cochlear Ltd., Cyberdyne Inc., Daewoo Shipbuilding And Marine Engineering Co.
Ltd. and Deka Research and Development.
Devices Type Covered:
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Rest of Europe
Rest of Asia Pacific
Rest of South America
Middle East & Africa
Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
List Of Tables:
Table 1 Global Bionic Devices Market Outlook, By Region
Table 2 Global Bionic Devices Market Outlook, By Devices Type
Table 3 Global Bionic Devices Market Outlook, By Orthopedic Bionics
Table 4 Global Bionic Devices Market Outlook, By Bionic Legs
Table 5 Global Bionic Devices Market Outlook, By Bionic Limbs
Table 6 Global Bionic Devices Market Outlook, By Brain Bionics
Table 7 Global Bionic Devices Market Outlook, By Spinal Cord
Table 8 Global Bionic Devices Market Outlook, By Nerve Stimulation
Table 9 Global Bionic Devices Market Outlook, By Brain
Table 10 Global Bionic Devices Market Outlook, By Vision Bionics
Table 11 Global Bionic Devices Market Outlook, By Exoskeletons
Table 12 Global Bionic Devices Market Outlook, By Cardiac Bionics
Table 13 Global Bionic Devices Market Outlook, By Heart Valves
Table 14 Global Bionic Devices Market Outlook, By Cochlear bionics
Table 15 North America Bionic Devices Market Outlook, By Country
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