As
per the new market report published by Transparency Market Research
“Bionics Market - Global Industry Analysis, Size, Share, Growth,
Trends and Forecast 2015 - 2021,” global bionics market was valued
at USD 7.96 billion in 2014, growing at a CAGR of 13.2% from 2015 to
2021 to account for USD 20.49 billion in 2021.
The
global bionics market is growing primarily due to the increase in the
number of accidents, which is leading to paralysis or amputation of
body parts. In addition, increasing cases of organ failures among the
aging population is driving the growth of this market. Moreover, the
concept of bionics is also being applied in other fields such as
defense, in order to build exoskeletons, which can be worn by the
soldiers. These exoskeleton suits or bionic suits help them to carry
heavy loads and also improve their mobility in the battle field. The
bionics market can be segmented into four types into: by types, by
application, by technology and by regions.
Browse
the full Bionics Market - Global Industry Analysis, Size, Share,
Growth, Trends and Forecast 2015 – 2021 report at
http://www.transparencymarketresearch.com/bionics-market.html
By
types, the bionic limbs held the largest market share of 28% which
accounted to 2.23 billion in 2014. The bionic limbs market is
expected to dominate the market during the forecast period. Their
dominance is due to the rising cases of accidents, which are leading
paralysis or amputation of limbs. In addition, the bionic limbs are
becoming technically advance and now have the ability to be
controlled through signals sent by the brain. These factors are
driving the growth of bionic limbs.
By
application, the healthcare services is the major segment in the
global bionics market. The healthcare sector recorded revenue of USD
5.97 billion in 2014. The reason behind the growth is the increasing
technological advancement in this field, which is making the bionics
smarter and efficient. However, the defense sector has been analyzed
to be the fastest growing application in global bionic market during
the forecast period.
bionics-market
By
region, North America is leading the regional market for bionics and
is expected to dominate the market during the forecast period. The
region’s dominance is due to the presence of the major bionic
vendors such as Baxter International, Inc, Abiomed, Inc and Medtronic
Plc among others.
Furthermore,
the key players have been profiled in this report on the basis of the
company overview, recent development, products/services, historical
roadmap and future strategies in the bionics market. The key players
in the bionics market include Abiomed, Inc, Baxter International,
Inc., Asahi Kasei Medical Co. ltd, Medtronic Plc, SynCardia Systems,
Inc. and Sonova Holding AG among others.
The
report covers the global bionics market, and provides data in terms
of revenue (USD billion) from 2015 to 2021. Market estimates on the
basis of types, application and technology for each region.
Browse
the full Press release:
http://www.transparencymarketresearch.com/pressrelease/bionics-market.htm
The
market has been segmented as follows:
Bionics
Market: By Types
Bionic
brain
Bionic
heart
Bionic
limbs
Bionic
vision
Exoskeleton
Others
Bionics
Market: By Application
Healthcare
Defense
Bionics
Market: By Technology
Mechanical
bionics
Electronic
bionics
Bionics
Market: By Geography
North
America
Europe
Asia
Pacific
Rest
of the World
The
report provides a cross-sectional analysis of all the above segments
with respect to the following regions:
North
America
Europe
Asia
Pacific
Rest
of the World (RoW)
Request a Brochure of this Report:
http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=5411
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Us
Transparency
Market Research (TMR) is a global market intelligence company,
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research experts, so that it always reflects the latest trends and
information. With a broad research and analysis capability,
Transparency Market Research employs rigorous primary and secondary
research techniques in developing distinctive data sets and research
material for business reports.
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