Bionics or biologically inspired engineering is the application of biological methods and systems found in nature to the study and design of engineering systems and modern technology.
Due to the COVID-19 pandemic, the global Bionic Devices market size is estimated to be worth US$ 12590 million in 2021 and is forecast to a readjusted size of US$ 23540 million by 2028 with a CAGR of 9.2% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, the Europe Bionic Devices market is estimated at US$ million in 2022, while the United States and China are forecast to reach US$ million and US$ million by 2028, respectively. The proportion of the United States is % in 2022, while Chinese percentage is %, and it is predicted that China market share will reach % in 2028, trailing a CAGR of % through the analysis period. As for the Europe Bionic Devices landscape, Germany is projected to reach US$ million by 2028. and in Asia, the notable markets are Japan and South Korea, CAGR is % and % respectively for the next 6-year period.
Cochlear Implants accounting for % of the Bionic Devices global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Hospital segment is altered to an % CAGR throughout this forecast period and will hold a share about % in 2028.
The global major manufacturers of Bionic Devices include Abiomed, Activelink, Advanced Bionics, Alterg, Axosuits, Bae Systems, Bionx Medical Technologies, B-Temia and Bana Teknoloji, etc. In terms of revenue, the global 3 largest players have a % market share of Bionic Devices in 2021.
This report focuses on Bionic Devices volume and value at the global level, regional level, and company level. From a global perspective, this report represents overall Bionic Devices market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan, etc.
Global Bionic Devices Market: Segment Analysis
The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Cochlear Implants
Exoskeletons
Cardiac Bionics
Ventricular Assist Device
Segment by Application
Hospital
Clinic
Others
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
By Company
Abiomed
Activelink
Advanced Bionics
Alterg
Axosuits
Bae Systems
Bionx Medical Technologies
B-Temia
Bana Teknoloji
Bionik Laboratories
Bioservo Technologies
Carmat
Cleveland Fes Center
COAPT
Cochlear
Cyberdyne
MED-EL
AB(Sonova)
Oticon(William Demant)
Nurotron
Listent
Hocoma
ReWalk Robotics
Ekso Bionics
LockHeed Martin
Parker Hannifin
Interactive Motion Technologies
Myomo
US Bionics