Global Medical Bionic Implants Market by 2017 - PowerPoint PPT Presentation

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Global Medical Bionic Implants Market by 2017

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The term ‘bionics’ is analogous to the term ‘biomimetics’, which involves the study and development of artificial systems that replicate or mimic the functioning of natural biological systems. The science of bionics deals with the application of naturally found biological systems to the study and development of artificially engineered systems. The motive behind developing these artificial systems is to replace and enhance existing natural systems, which may malfunction or fail to function in a desired manner using either mechanical or electronic modalities. The medical bionic implants market is a potentially growing one with a global market of $12.67 million in 2012. It is expected to grow at a CAGR of 7.1% to reach $17.82 billion in 2017. – PowerPoint PPT presentation

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Title: Global Medical Bionic Implants Market by 2017


1
MarketsandMarkets Presents
Global Medical Bionic Implants
Market worth 17.82 Billion by 2017

http//www.marketsandmarkets.com/Market-Reports/me
dical-bionic-implant-market-908.html
2
The report Medical Bionic Implant Market -
(Vision Bionics/Bionic Eye, Brain Bionics, Heart
Bionics/Artificial Heart, Orthopedic Bionics and
Ear Bionics) Trends and Global Forecasts to
2017 analyzes and studies the major market
drivers, restraints, and opportunities in North
America, Europe, Asia-Pacific, and Rest of the
World (RoW). Browse 127 market data tables and
14 figures spread through 298 pages and in-depth
TOC of Medical Bionic Implant Market Trends and
Global Forecasts to 2017.  http//www.marketsan
dmarkets.com/Market-Reports/medical-bionic-implant
-market-908.html Early buyers will receive 10
customization on this report.
 
http//www.marketsandmarkets.com/Market-Reports/me
dical-bionic-implant-market-908.html
3
  • This report studies the global medical bionic
    implants market over the forecast period of 2012
    to 2017.
  • Bionics involves the study of biological systems
    in order to develop artificial systems that can
    replicate their functions. Bionic implants are
    mechanical or electronic systems that function
    like living organisms or parts of living
    organisms. Bionics, when extended to the field of
    medicine, seeks to replace or enhance organs or
    parts of the human body using artificial
    prosthesis. The market is expected to grow at a
    CAGR of 7.1 from 2012 to 2017 to reach 17.82
    billion by 2017.
  • The global medical bionic implant (artificial
    organs) market is divided into five categories
    based on the type of products, technology used,
    and type of fixation. It includes vision bionics,
    ear bionics, orthopedic bionics, heart bionics,
    and neural/brain bionics. Medical bionics in
    pipeline include wearable artificial kidney,
    bio-lung, and artificial pancreas. The technology
    segment comprises of electronic and mechanical
    bionics, while medical bionic implants are
    classified as externally worn and implantable
    based on the type of fixation.


http//www.marketsandmarkets.com/Market-Reports/me
dical-bionic-implant-market-908.html
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  • The medical bionic implant (artificial organs)
    industry has witnessed a myriad of technological
    advancements over the past two decades. It is
    expected that this trend will continue in the
    future in a bid to solve present challenges and
    fill unmet needs of the market. Manufactures are
    now focusing on the development of bionic implant
    products such as wearable artificial kidney,
    bio-lung, and artificial pancreas for diseases
    that cannot be cured with alternative treatment
    methods.
  • Increasing organ failure owing to aging and
    age-related disorders, increasing accidents and
    injuries leading to amputations, and rise in
    number of people awaiting organ transplants are
    the major drivers slated to propel the growth of
    this market. However, a few pivotal factors
    restraining growth are the high cost of devices
    and uncertain reimbursement scenarios in
    different regions, limited surgical expertise,
    and high cost of development.


http//www.marketsandmarkets.com/Market-Reports/me
dical-bionic-implant-market-908.html
5
Contact Us
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1-888-6006-441Email sales_at_marketsandmarkets.com
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About MarketsandMarkets
MarketsandMarkets is a global market research and
consulting company based in the U.S. We publish
strategically analyzed market research reports
and serve as a business intelligence partner to
Fortune 500 companies across the
world. MarketsandMarkets also provides
multi-client reports, company profiles,
databases, and custom research services. They
cover thirteen industry verticals, including
advanced materials, automotives and
transportation, banking and financial services,
biotechnology, chemicals, consumer goods, energy
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automation, medical devices, pharmaceuticals,
semiconductor and electronics, and
telecommunications and IT. We at
MarketsandMarkets are inspired to help our
clients grow by providing apt business insight
with our huge market intelligence repository.
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dical-bionic-implant-market-908.html
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