The global bionics market is poised to witness massive growth over the forecast period. A slew of factors is accountable for this market’s growth in the upcoming years, such as increasing organ failure and physical disability due to age-related or congenital disorders and the growing geriatric population. The emergence of new technologies in bionic research, the increasing number of accidents and injuries causing organ deletion, a majority of the population long awaiting organ transplants, and a lack of organ donors are the other key drivers for market growth.
The researchers have considered all the factors influencing the growth of the Bionics Market on the global and regional scale. The report considers the COVID-19 pandemic as one of the key influencing factors of the Bionics Market . The pandemic has disrupted the supply chains and economic scenario of the market and has hindered the growth of the market. The report discusses in detail the overall impact of the COVID-19 pandemic on the Bionics Market and its key segments. The report also offers a current and future impact of the COVID-19 pandemic on the market.
To know more about Bionics Market report, visit @ https://www.emergenresearch.com/industry-report/bionics-market
Prominent Players Analyzed in the Report:
· Medtronic
· Abbott
· Biomet, Inc.
· Zimmer Biomet
· Iwalk, Inc.
· ABIOMED, INC
· Berlin Heart Gmbh
· Ekso Bionics Boston Scientific Corporation
· Edward Lifesciences Corporation
· Jarvik Heart, Inc.
· Heartware International, Inc.
· SynCardia Systems, LLC
The research provides answers to the following key questions:
· What is the expected growth rate of the Intelligent Bionics Market for the forecast period 2020 – 2027? What is the market size likely to be during the estimated period?
· What are the key driving forces shaping the future of the industry across different countries?
· Who are the prominent market players dominating the Intelligent Bionics Market ? How have they managed to maintain a competitive edge over their competitors?
· What are the major trends and opportunities responsible for the progress of the Bionics Market during the estimated period?
· What are the major obstacles hindering the progress of the market worldwide?
Market Segmentation:
By Product Type,
• Ear Bionics
o Cochlear Implants
o Auditory Brainstem Implants
o Bone Anchored Hearing Systems
• Vision Bionics
• Orthopedic Bionics
o Upper limb
o Lower limb
o Exoskeleton
o Electrical Bone Growth Stimulators
• Cardiac Bionics
o Total Artificial Heart
o Pacemaker
o Ventricular Assist Device
Biventricular Assist Device (BIVAD)
Left Ventricular Assist Device (LVAD)
Right Ventricular Assist Device (RVAD)
o Artificial Heart Valves
• Neural/Brain Bionics
o Internal Neurostimulators
Deep Brain Stimulators (DBS)
Spinal Cord Stimulators (SCS)
Vagus Nerve Stimulators (VNS)
Sacral Nerve Stimulators (SNS)
Others
By Method of Fixation
• External Bionics
• Implantable Bionics
The report, additionally, offers a comprehensive SWOT analysis and Porter’s Five Forces analysis to offer a better understanding of the competitive landscape of the industry. It also covers strategies adopted by prominent players such as mergers and acquisitions, collaborations, joint ventures, product launches, and brand promotions, among others. The report aims to offer the readers a holistic understanding of the relevant features of the industry.
Table of content:
Chapter 1 includes an introduction of the global Bionics Market , along with a comprehensive market overview, market scope, product offerings, and an investigation of the market drivers, growth opportunities, risks, restraints, and other vital factors.
· Chapter 2 offers an in-depth analysis of the key manufacturers engaged in this business vertical, along with their sales and revenue estimations.
· Chapter 3 elaborates on the highly competitive terrain of the market, highlighting the key manufacturers and vendors.
· In Chapter 4, our team has fragmented the market on the basis of regions, underscoring the sales, revenue, and market share of each region over the forecast timeline.
· Chapters 5 and 6 have laid emphasis on the market segmentation based on product type and application.
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