Medical bionic implants are unique devices created using biological methods and systems present in nature. The most well-known example is the cochlear implant, which is a device for deaf people that are placed in the human body. Medical bionic implants function in the same way that regular bodily organs do. Bionics is a synthesis of electronics and biology. Rather than robotic implants, medical bionic implants are more effective. Because medical bionic implants can execute the original purpose precisely or even superior to it.
When a person’s organ is injured due to sickness or injury, medical bionic implants can be used for organ transplants. Since there are fewer organ donors than there are recipients, and even if a donor is found, transplanted organs may be rejected. Medical bionic materials, on the other hand, are made of biomaterials. A biomaterial is a non-living or living substance that is put into the body as a bionic substitute for function or organ.
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Global Medical Bionic Implants Market – Dynamics
Increased launches and approvals of novel medical bionic implants are one of the primary factors propelling the global medical bionic implants market growth over the forecast period.
For instance, Cochlear Limited, a supplier of implantable hearing devices, received U.S. Food and Drug Administration approval in June 2019 for the Nucleus Profile Plus Implant, which is intended to enable safe access to Magnetic Resonance Imaging (MRI) images.
Global Medical Bionic Implants Market – Regional Insights
Furthermore, Pixium Vision, a bionic vision system manufacturer, obtained U.S. Food and Drug Administration approval in January 2018 to begin research trials for PRIMA, a wireless photovoltaic subretinal implant designed for patients with Atrophic Dry Age-related Macular Degeneration (AMD).
North America accounted for the largest share in the global medical bionic implants market in 2019, due to the high prevalence of cardiovascular diseases such as heart valve disease. For instance, the Centers for Disease Control and Prevention (CDC) reported in December 2018 that around 25,000 deaths in the U.S. are caused by heart valve disease every year.
Due to increased approvals and releases of innovative medical bionic implants, Europe is also exhibiting substantial growth in the medical bionic implants market over the forecast period. For instance, Advanced Bionics AG obtained approval from the Technical Inspection Authority (TÜV) in Munich, Germany, in September 2017 for the HiFocus SlimJ electrode, an electrode for the HiRes Ultra cochlear implant platform. During electrode insertion, the HiFocus SlimJ electrode preserves the cochlea.
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Global Medical Bionic Implants Market – Competitive Landscape
major players contributing to the global medical bionic implants market are Otto Bock, Tibion Corporation, Pixium Vision, Medtronic Inc., Second Sight Medical Products, Inc., Ossur Americas, Boston Scientific Corporation, Cochlear Limited, Edwards Lifesciences Corporation, EKSO Bionics, LifeNet Health, Inc., Advanced Bionics AG, Nano Retina Inc., Touch Bionics Limited, Terumo Corporation, and Orthofix
Global Medical Bionic Implants Market – Market Taxonomy
On the basis of product type, the global medical bionic implants market is segmented into:
- Heart Bionics
- Orthopedic Bionics
- Ear Bionics
- Vision Bionics
On the basis of technology, the global medical bionic implants market is segmented into:
- Electronic Bionics
- Mechanical Bionics
On the basis of method of fixation, the global medical bionic implants market is segmented into:
- Implantable
- Externally Worn
On the basis of end user, the global medical bionic implants market is segmented into:
- Hospitals
- Clinics
On the basis of region, the global medical bionic implants market is segmented into:
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East
- Africa
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Table of Content:
- Research Objective and assumption
o Research Objectives
o Assumptions
o Abbreviations - Market Overview
o Report Description
• Market Definition and Scope
o Executive Summary
• Market Snippet By Product Type
• Market Snippet By Application
• Market Snippet By Technology
• Market Snippet By End User
• Market Snippet By Region
o Coherent Opportunity Map (COM) - Market Dynamics, Regulations, and Trends Analysis
o Market Dynamics
• Drivers
• Restraints
• Market Opportunities
o Technological Trends
o PEST Analysis
o Impact Analysis - Global Medical Bionic Implants Market, By Product Type, 2021 – 2028 (US$ Million)
o Introduction
• Market Share Analysis, 2016 and 2028 (%)
• Y-o-Y Growth Analysis, 2021 – 2028
• Segment Trends
o Reagents & Consumables
• Introduction
• Market Size and Forecast, and Y-o-Y Growth, 2021 – 2028, (US$ Million)
o Software’s
• Introduction
• Market Size and Forecast, and Y-o-Y Growth, 2021 – 2028, (US$ Million)
o Instruments
• Introduction
• Market Size and Forecast, and Y-o-Y Growth, 2021 – 2028, (US$ Million) - Global Medical Bionic Implants Market, By Application, 2021 – 2028 (US$ Million)
o Introduction
• Market Share Analysis, 2016 and 2028 (%)
• Y-o-Y Growth Analysis, 2021 – 2028
• Segment Trends
o Genomics
• Introduction
• Market Size and Forecast, and Y-o-Y Growth, 2021 – 2028, (US$ Million)
o Proteomics
• Introduction
• Market Size and Forecast, and Y-o-Y Growth, 2021 – 2028, (US$ Million)
o Diagnostics
• Introduction
• Market Size and Forecast, and Y-o-Y Growth, 2021 – 2028, (US$ Million)
o Drug Discovery
• Introduction
• Market Size and Forecast, and Y-o-Y Growth, 2021 – 2028, (US$ Million) - Global Medical Bionic Implants Market, By Technology, 2021 – 2028 (US$ Million)
o Introduction
• Market Share Analysis, 2016 and 2028 (%)
• Y-o-Y Growth Analysis, 2021 – 2028
• Segment Trends
o Microarrays
• Introduction
• Market Size and Forecast, and Y-o-Y Growth, 2021 – 2028, (US$ Million)
o Microfluidics
• Introduction
• Market Size and Forecast, and Y-o-Y Growth, 2021 – 2028, (US$ Million) - Global Medical Bionic Implants Market, By End User, 2021 – 2028 (US$ Million)
o Introduction
• Market Share Analysis, 2016 and 2028 (%)
• Y-o-Y Growth Analysis, 2021 – 2028
• Segment Trends
o Hospitals
• Introduction
• Market Size and Forecast, and Y-o-Y Growth, 2021 – 2028, (US$ Million)
o Diagnostic Labs
• Introduction
• Market Size and Forecast, and Y-o-Y Growth, 2021 – 2028, (US$ Million)
o Academic & Research Institutes
• Introduction
• Market Size and Forecast, and Y-o-Y Growth, 2021 – 2028, (US$ Million)
o Biotechnology & Pharmaceutical Companies
• Introduction
• Market Size and Forecast, and Y-o-Y Growth, 2021 – 2028, (US$ Million)
8. Global Medical Bionic Implants Market, By Regions, 2021 – 2028 (US$ Million)
o Introduction
• Market Share Analysis, By Region, 2016 and 2028 (%)
• Y-o-Y Growth Analysis, For Regions, 2021 – 2028
o North America
• Market Size and Forecast, By Product Type, 2021 – 2028 (US$ Million)
• Market Size and Forecast, By Application, 2021 – 2028 (US$ Million)
• Market Size and Forecast, By Technology, 2021 – 2028 (US$ Million)
• Market Size and Forecast, By End User, 2021 – 2028 (US$ Million)
• Market Size and Forecast, By Country, 2021 – 2028 (US$ Million)
• U.S.
• Canada
o Europe
• Market Size and Forecast, By Product Type, 2021 – 2028 (US$ Million)
• Market Size and Forecast, By Application, 2021 – 2028 (US$ Million)
• Market Size and Forecast, By Technology, 2021 – 2028 (US$ Million)
• Market Size and Forecast, By End User, 2021 – 2028 (US$ Million)
• Market Size and Forecast, By Country, 2021 – 2028 (US$ Million)
• Germany
• U.K.
• France
• Italy
• Spain
• Russia
• Rest of Europe
o Asia Pacific
• Market Size and Forecast, By Product Type, 2021 – 2028 (US$ Million)
• Market Size and Forecast, By Application, 2021 – 2028 (US$ Million)
• Market Size and Forecast, By Technology, 2021 – 2028 (US$ Million)
• Market Size and Forecast, By End User, 2021 – 2028 (US$ Million)
• Market Size and Forecast, By Country, 2021 – 2028 (US$ Million)
• China
• India
• Japan
• Australia
• South Korea
• ASEAN
• Rest of APAC
o Latin America
• Market Size and Forecast, By Product Type, 2021 – 2028 (US$ Million)
• Market Size and Forecast, By Application, 2021 – 2028 (US$ Million)
• Market Size and Forecast, By Technology, 2021 – 2028 (US$ Million)
• Market Size and Forecast, By End User, 2021 – 2028 (US$ Million)
• Market Size and Forecast, By Country, 2021 – 2028 (US$ Million)
• Brazil
• Mexico
• Rest of Latin America
o Africa
• Market Size and Forecast, By Product Type, 2021 – 2028 (US$ Million)
• Market Size and Forecast, By Application, 2021 – 2028 (US$ Million)
• Market Size and Forecast, By Technology, 2021 – 2028 (US$ Million)
• Market Size and Forecast, By End User, 2021 – 2028 (US$ Million)
• Market Size and Forecast, By Country, 2021 – 2028 (US$ Million)
• South Africa
• Central Africa
• North Africa
o Middle East
• Market Size and Forecast, By Product Type, 2021 – 2028 (US$ Million)
• Market Size and Forecast, By Application, 2021 – 2028 (US$ Million)
• Market Size and Forecast, By Technology, 2021 – 2028 (US$ Million)
• Market Size and Forecast, By End User, 2021 – 2028 (US$ Million)
• Market Size and Forecast, By Country, 2021 – 2028 (US$ Million)
• GCC
• Israel
• Rest of Middle East
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