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Global Medical Bionic Implant Market Outlook 2021: Global Opportunity and Demand Analysis, Market Forecast, 2019-2028

  • ID: 5595015
  • Report
  • February 2022
  • Region: Global
  • 128 Pages
  • Insure Insights
The Global Medical Bionic Implant Market is predicted to grow at a high CAGR during the forecasting period 2019-2028. Bionics incorporates biology with electronics. It implants the special sorts of instruments or prosthetics that are inserted within the physical body to duplicate the first organ's function. Medical Bionics replaces or improves different parts of the body with automated adaptations. Advanced bionic implants have advantages over traditional prostheses like less tiredness, discomfort, and control in real-time. Medical bionic implants are assorted from counterfeit organs as they mimic a unique capacity completely or maybe show improvement over it. The medical bionic implants and artificial organs market is a potentially growing one, with a global market of $12.67 billion. It is expected to grow at a CAGR of 8.1% to reach $17.82 billion in 2028.

Growing advancements in medical technologies are fueling the medical bionic implant market.

The market growth is driven by the increasing demand for medical bionics for improving the matter. There are increasing road accidents, a growing geriatric population, a rising number of chronic diseases among individuals, organ failure, increasing injuries and accidents, and occupational disabilities that demand medical bionics for improvement.

Growing public awareness about various diseases, advancements in medical bionic implants and artificial organs procedures, and therefore the need for screenings conducted for early diagnosis and treatment of varied diseases also are expected to favour the medical bionic implant market. the bionic prosthetic company has re-launched i Walk (aka Bi OM). As indicated by the corporate, this re-dispatch likewise reflects organisation achievements, including the expansion of a political group, item upgrades, global business extension, and progressing support from repayment specialists, for instance, the U.S. Department of Veterans Affairs and Workers' Compensation payers.

Heart Bionics to Make Crucial Contribution to the Growth of the Global Medical Bionic Implant Market


A Medical Bionic Implant The market is segmented based on product type into vision bionics, heart bionics, orthopaedic bionics, ear bionics, brain bionics, and others. Among these, heart bionics held the largest market share as a consequence of the high prevalence of cardiovascular disorders. Ear bionics is expected to gain substantial market share during the forecast period. These devices are preferred more by patients owing to the ease and comfort they provide than drugs.

Orthopedic bionics is an artificial replacement or substitute of bones in different parts of the body. The typical orthopaedic prosthetic devices are for the hip, knee, elbow, ankle, and leg, among others. According to Stanford Children’s Health, an estimated 3.5 million sports injuries occurred in 2010; this significant number is expected to act as a driver for the market's growth. Brain bionics are involved in inserting an implant inside a person’s head to specifically target faulty brain activity associated with making a person stay "stuck" in their depression.

North America is predicted to witness the fastest growth in the global medical bionic implant market.

The Medical Bionic Implant market is segmented into North America, South America, Europe, Asia-Pacific, Middle-East and Africa supported the region. Among all of the regions, North America dominated the Medical Bionic Implant market thanks to the demand for technologically advanced products, including strong R&D initiatives by the government and high patient awareness levels in this region. Moreover, the presence of an outsized number of research laboratories, biotechnology, and medical device manufacturing companies in North America is projected to contribute to the region’s growth. The favourable healthcare compensation plans and high demand for organ transplantation are expected to further propel the expansion of the market in North America.

The Asia-Pacific is predicted to possess a large market share thanks to the rising consumer base, rising government initiatives for enhancing healthcare, and high income. Rapidly developing regions of India and China, alongside growing patient awareness levels during this region are the main factors attributing to the expansion of this region. National governments and regulatory bodies in several countries are taking collaborative measures to make sure that there's a continuing demand for the medical bionic implants market. The World Bank states that countries within the Asia-Pacific region have witnessed a marked rise in FDI. Emerging markets like Malaysia, Indonesia, and India have recorded much higher economic process rates than developed nations. This is often expected to drive higher investment across the healthcare sector of those countries, boosting the worldwide medical bionic implant market.

Players to Focus on Medical Bionic Implant Market


Several local and international players are present in the market. Technological advancements, new product launches, and the availability of cost-effective solutions intensify the market competition.
  • Orthofix International N.V.
  • Touch Bionics Inc.
  • Clairvoyance Medical Products, Inc.
  • Ekso Bionics, St.
  • Jude Medical, Inc.
  • Lifenet Health Inc.
  • Otto Bock Inc.
  • Biomet, Inc.
  • Medtronic, Inc.
  • Cochlear, Ltd.
  • Cochlear Bone Anchored Solutions AB: in June 2016, Cochlear Bone Anchored Solutions AB, the worldwide leader in bone conduction hearing solutions, announced the commercial availability of the Cochlear™ Baha® 5 Power and Baha 5 Super Power sound processors. The Baha 5 Power and Baha 5 Super Power Sound Processors are designed for people with greater levels of deafness, with a fitting range up to 55 d B sensorineural deafness (SNHL) for Baha 5 Power and 65 d B SNHL for Baha 5 Super Power.

Scope of the Report


By Product

  • Vision Bionics
  • Ear Bionics
  • Heart Bionics

By Application

  • Family
  • Restaurant

By Technology

  • Mechanical
  • Electronic

By Region

  • North America
  • Europe
  • Asia Pacific
  • Rest of World

Key Reasons to Purchase this Report


1. It provides a technological development map over time to understand the growth rate of the industry.
2. The report offers a dynamic method to various factors that drive or restrain the growth of the market.
3. It renders a definite analysis for changing competitive dynamics.
4. It builds a seven-year estimate based on how the market is predicted to grow.
Note: Product cover images may vary from those shown

Chapter 1 Overview and Scope
1.1 Market Vision
1.1.1 Market Definition
1.1.2 Market Scope
1.2 Market Segmentation
Chapter 2 Research Practice
2.1 Research Methodology
2.2 Data Triangulation
2.3 Data Sources
2.4 Assumptions for the study
2.5 Approach Adopted
Chapter 3 Executive Summary
3.1 Market Snapshot
3.2 Regional Snapshot
3.3 Segment Summary
Chapter 4 COVID-19 Impact Analysis
4.1 Overview
4.2 Prevalence analysis
4.3 Key Factor Impact Analysis
Chapter 5 Global Medical Bionic Implant Market Forces
5.1 What’s Driving the Market
5.2 Porter’s Five Forces Analysis
5.2.1 Power of Suppliers
5.2.2 Threats From New Entrants
5.2.3 Power of Buyer
5.2.4 Threat From Substitute Product
5.2.5 Degree of Competition
Chapter 6 Global Medical Bionic Implant Market - Industry Snapshots
6.1 Overview
6.1.1 Global Medical Bionic Implant Market Value, 2019 - 2028, (US$ Bn)
6.2 Market Overview
6.2.1 Drivers Analysis
6.2.2 Restraint/Challenges analysis
6.2.3 Opportunity Analysis
6.3 Supply Chain/Value Chain Analysis
6.4 Market SWOT Analysis
Chapter 7 Global Medical Bionic Implant Market Analysis, by Type
7.1 Overview
7.2 Key Findings for Medical Bionic Implant Market - By Type
7.2.1 Medical Bionic Implant Market - Thermosets
7.2.2 Medical Bionic Implant Market - Thermoplastics
7.2.3 Medical Bionic Implant Market - Others
Chapter 8 Global Medical Bionic Implant Market Analysis, by Product Type
8.1 Overview
8.2 Key Findings for Medical Bionic Implant Market - By Product Type
8.2.1 Medical Bionic Implant Market - polyurethane
8.2.2 Medical Bionic Implant Market - polyethylene terephthalate (pet)
8.2.3 Medical Bionic Implant Market - Polyethylene
8.2.4 Medical Bionic Implant Market - polypropylene
Chapter 9 Global Medical Bionic Implant Market Analysis, by End User
9.1 Overview
9.2 Key Findings for Medical Bionic Implant Market - By End User
9.2.1 Medical Bionic Implant Market - polyurethane
9.2.2 Medical Bionic Implant Market - polyethylene terephthalate (pet)
9.2.3 Medical Bionic Implant Market - Polyethylene
9.2.4 Medical Bionic Implant Market - polypropylene
Chapter 10 Medical Bionic Implant Market Analysis by Region
10.1 Key Findings for Medical Bionic Implant Market - By region
10.2 Overview
10.2.1 Global Medical Bionic Implant Market Analysis, By Type, 2019 - 2028
10.2.2 Global Medical Bionic Implant Market Analysis, By Product Type, 2019 - 2028
10.2.3 Global Medical Bionic Implant Market Analysis, By End User, 2019 - 2028
10.3 Medical Bionic Implant Market - North America
10.3.1 Overview
10.3.2 U.S.
10.3.3 Canada
10.3.4 Mexico
10.3.5 North America Market, By Type
10.3.6 North America Market, By Product Type
10.3.7 North America Market, By End User
10.4 Medical Bionic Implant Market - Europe
10.4.1 Overview
10.4.2 Germany
10.4.3 United Kingdom
10.4.4 France
10.4.5 Italy
10.4.6 Rest of Europe
10.4.7 Europe Market, By Type
10.4.8 Europe Market, By Product Type
10.4.9 Europe market by, End User
10.5 Medical Bionic Implant Market - Asia Pacific
10.5.1 Overview
10.5.2 China
10.5.3 Japan
10.5.4 India
10.5.5 Rest of APAC
10.5.6 Asia Pacific Market, By Type
10.5.7 Asia Pacific Market, By Product Type
10.5.8 Asia Pacific Market, By End User
10.6 Medical Bionic Implant Market - Rest of World
10.6.1 Overview
10.6.2 Middle East & Africa (MEA)
10.6.3 South America
10.6.4 Rest of World
10.6.5 South America, Middle East and Africa Market, By Type
10.6.6 South America, Middle East and Africa Market, By Product Type
Chapter 11 Market Competition Analysis
11.1 Market Share/Positioning Analysis
11.1.1 Market Positioning of Key Vendors, 2019
11.1.2 Key Strategies Adopted by the Leading Players
11.1.3 Recent Developments
Chapter 12 Company Profiles - Snapshot
12.1 The Dow Chemical Company
12.1.1 Business Fundamentals
12.1.2 Financial Snapshots
12.1.3 Product Portfolio
12.1.4 Recent Developments
12.2 China Petrochemical Corporation (Sinopec)
12.3 BASF SE
12.4 Borealis AG
12.5 Covestro AG
12.6 Lanxess
12.7 Chevron Phillips Chemical Company LLC
12.8 Company 1
12.9 Company 2
12.10 Company 2
*More than 10 Companies are profiled in this Research Report*
*Financials would be provided on a best efforts basis for private companies
Chapter 13 Appendix
List of Tables
Table 1 Medical Bionic Implant market by Type 1, 2019 - 2028 (USD Million)
Table 2 Medical Bionic Implant market by Type 2, 2019 - 2028 (USD Million)
Table 3 Medical Bionic Implant market by Type 3, 2019 - 2028 (USD Million)
Table 4 Medical Bionic Implant market by Product Type 1, 2019 - 2028 (USD Million)
Table 5 Medical Bionic Implant market by Product Type 2, 2019 - 2028 (USD Million)
Table 6 Medical Bionic Implant market by Product Type 3, 2019 - 2028 (USD Million)
Table 7 Medical Bionic Implant market by Product Type 4, 2019 - 2028 (USD Million)
Table 8 Medical Bionic Implant market by End User 1, 2019 - 2028 (USD Million)
Table 9 Medical Bionic Implant market by End User 2, 2019 - 2028 (USD Million)
Table 10 Medical Bionic Implant market by End User 3, 2019 - 2028 (USD Million)
Table 11 Medical Bionic Implant market by End User 4, 2019 - 2028 (USD Million)
Table 12 Global Medical Bionic Implant Market Value, By Type, 2019 - 2028 (US$ Bn)
Table 13 Global Medical Bionic Implant Market Value, By Product Type, 2019 - 2028 (US$ Bn)
Table 14 Global Medical Bionic Implant Market Value, By End User, 2019 - 2028 (US$ Bn)
Table 15 Medical Bionic Implant Market Analysis by North America (USD Million), 2019 - 2028
Table 16 U.S. Medical Bionic Implant Market, 2019 - 2028 (USD Million)
Table 17 U.S. Medical Bionic Implant Market, By Type, 2019 - 2028 (USD Million)
Table 18 U.S. Medical Bionic Implant Market, By Product Type, 2019 - 2028 (USD Million)
Table 19 U.S. Medical Bionic Implant Market, By End User, 2019 - 2028 (USD Million)
Table 20 Canada Medical Bionic Implant Market, 2019 - 2028 (USD Million)
Table 21 Canada Medical Bionic Implant Market, By Type, 2019 - 2028 (USD Million)
Table 22 Canada Medical Bionic Implant Market, By Product Type, 2019 - 2028 (USD Million)
Table 23 Canada Medical Bionic Implant Market, By End User, 2019 - 2028 (USD Million)
Table 24 MexicoMedical Bionic Implant Market, 2019 - 2028 (USD Million)
Table 25 MexicoMedical Bionic Implant Market, By Type, 2019 - 2028 (USD Million)
Table 26 MexicoMedical Bionic Implant Market, By Product Type, 2019 - 2028 (USD Million)
Table 27 Mexico Medical Bionic Implant Market, By End User, 2019 - 2028 (USD Million)
Table 28 Medical Bionic Implant Market Analysis by Europe (USD Million), 2019 - 2028
Table 29 GermanyMedical Bionic Implant Market, 2019 - 2028 (USD Million)
Table 30 GermanyMedical Bionic Implant Market, By Type, 2019 - 2028 (USD Million)
Table 31 GermanyMedical Bionic Implant Market, By Product Type, 2019 - 2028 (USD Million)
Table 32 Germany Medical Bionic Implant Market, By End User, 2019 - 2028 (USD Million)
Table 33 United KingdomMedical Bionic Implant Market, 2019 - 2028 (USD Million)
Table 34 United KingdomMedical Bionic Implant Market, By Type, 2019 - 2028 (USD Million)
Table 35 United KingdomMedical Bionic Implant Market, By Product Type, 2019 - 2028 (USD Million)
Table 36 United Kingdom Medical Bionic Implant Market, By End User, 2019 - 2028 (USD Million)
Table 37 FranceMedical Bionic Implant Market, 2019 - 2028 (USD Million)
Table 38 FranceMedical Bionic Implant Market, By Type, 2019 - 2028 (USD Million)
Table 39 FranceMedical Bionic Implant Market, By Product Type, 2019 - 2028 (USD Million)
Table 40 France Medical Bionic Implant Market, By End User, 2019 - 2028 (USD Million)
Table 41 ItalyMedical Bionic Implant Market, 2019 - 2028 (USD Million)
Table 42 ItalyMedical Bionic Implant Market, By Type, 2019 - 2028 (USD Million)
Table 43 ItalyMedical Bionic Implant Market, By Product Type, 2019 - 2028 (USD Million)
Table 44 Italy Medical Bionic Implant Market, By End User, 2019 - 2028 (USD Million)
Table 45 Rest of EuropeMedical Bionic Implant Market, 2019 - 2028 (USD Million)
Table 46 Rest of EuropeMedical Bionic Implant Market, By Type, 2019 - 2028 (USD Million)
Table 47 Rest of EuropeMedical Bionic Implant Market, By Product Type, 2019 - 2028 (USD Million)
Table 48 Rest of Europe Medical Bionic Implant Market, By End User, 2019 - 2028 (USD Million)
Table 49 Medical Bionic Implant Market Analysis by Asia Pacific (USD Million), 2019 - 2028
Table 50 ChinaMedical Bionic Implant Market, 2019 - 2028 (USD Million)
Table 51 ChinaMedical Bionic Implant Market, By Type, 2019 - 2028 (USD Million)
Table 52 ChinaMedical Bionic Implant Market, By Product Type, 2019 - 2028 (USD Million)
Table 53 China Medical Bionic Implant Market, By End User, 2019 - 2028 (USD Million)
Table 54 JapanMedical Bionic Implant Market, 2019 - 2028 (USD Million)
Table 55 JapanMedical Bionic Implant Market, By Type, 2019 - 2028 (USD Million)
Table 56 JapanMedical Bionic Implant Market, By Product Type, 2019 - 2028 (USD Million)
Table 57 Japan Medical Bionic Implant Market, By End User, 2019 - 2028 (USD Million)
Table 58 IndiaMedical Bionic Implant Market, 2019 - 2028 (USD Million)
Table 59 IndiaMedical Bionic Implant Market, By Type, 2019 - 2028 (USD Million)
Table 60 IndiaMedical Bionic Implant Market, By Product Type, 2019 - 2028 (USD Million)
Table 61 India Medical Bionic Implant Market, By End User, 2019 - 2028 (USD Million)
Table 62 Rest of APACMedical Bionic Implant Market, 2019 - 2028 (USD Million)
Table 63 Rest of APACMedical Bionic Implant Market, By Type, 2019 - 2028 (USD Million)
Table 64 Rest of APACMedical Bionic Implant Market, By Product Type, 2019 - 2028 (USD Million)
Table 65 Rest of APACMedical Bionic Implant Market, By End User, 2019 - 2028 (USD Million)
Table 66 Medical Bionic Implant Market Analysis byRest of World(USD Million), 2019 - 2028
Table 67 Middle East & Africa (MEA)Medical Bionic Implant Market, 2019 - 2028 (USD Million)
Table 68 Middle East & Africa (MEA) Medical Bionic Implant Market, By Type, 2019 - 2028 (USD Million)
Table 69 Middle East & Africa (MEA) Medical Bionic Implant Market, By Product Type, 2019 - 2028 (USD Million)
Table 70 Middle East & Africa (MEA) Market, By End User, 2019 - 2028 (USD Million)
Table 71 South AmericaMedical Bionic Implant Market, 2019 - 2028 (USD Million)
Table 72 South AmericaMedical Bionic Implant Market, By Type, 2019 - 2028 (USD Million)
Table 73 South AmericaMedical Bionic Implant Market, By Product Type, 2019 - 2028 (USD Million)
Table 74 SouthAmerica Medical Bionic Implant Market, By End User, 2019 - 2028 (USD Million)
Table 75 Rest of WorldMedical Bionic Implant Market, 2019 - 2028 (USD Million)
Table 76 Rest of WorldMedical Bionic Implant Market, By Type, 2019 - 2028 (USD Million)
Table 77 Rest of WorldMedical Bionic Implant Market, By Product Type, 2019 - 2028 (USD Million)
Table 78 Rest of WorldMedical Bionic Implant Market, By End User, 2019 - 2028 (USD Million)
List of Figures
Fig. 1 Global Medical Bionic Implant : Market Segmentation
Fig. 2 Global Medical Bionic Implant Market: Research Methodology
Fig. 3 Top-Down and Bottom Up Approach
Fig. 4 Market Snapshot
Fig. 5 Porter’s Five Forces Analysis
Fig. 6 Global Medical Bionic Implant Market Value, 2019 - 2028, (US$ Bn)
Fig. 7 Supply Chain/Value Chain Analysis
Fig. 8 Global Medical Bionic Implant Market Value Contribution, By Type, 2019 & 2026 (%)
Fig. 9 Global Medical Bionic Implant Market Value Contribution, By Product Type, 2019 & 2026 (%)
Fig. 10 Global Medical Bionic Implant Market Value Contribution, By End User, 2019 & 2026 (%)
Fig. 11 Global Medical Bionic Implant Market Value, 2019 - 2028, (US$ Bn)
Fig. 12 North America Medical Bionic Implant Market Value, 2019 - 2028, (US$ Bn)
Fig. 13 Medical Bionic Implant Market Segment 1 - North America
Fig. 14 Medical Bionic Implant Market Segment 2 - North America
Fig. 15 Medical Bionic Implant Market Segment 3 - North America
Fig. 16 Medical Bionic Implant U.S. outlook, 2019 & 2026
Fig. 17 Medical Bionic Implant Canada outlook, 2019 & 2026
Fig. 18 Medical Bionic Implant Mexico outlook, 2019 & 2026
Fig. 19 Europe Medical Bionic Implant Market Value, 2019 - 2028, (US$ Bn)
Fig. 20 Medical Bionic Implant Market Segment 1 - Europe
Fig. 21 Medical Bionic Implant Market Segment 2 - Europe
Fig. 22 Medical Bionic Implant Market Segment 3 - Europe
Fig. 23 Medical Bionic Implant Germany outlook, 2019 & 2026
Fig. 24 Medical Bionic Implant United Kingdom outlook, 2019 & 2026
Fig. 25 Medical Bionic Implant France outlook, 2019 & 2026
Fig. 26 Medical Bionic Implant Italy outlook, 2019 & 2026
Fig. 27 Medical Bionic Implant Rest of Europe outlook, 2019 & 2026
Fig. 28 Asia Pacific Medical Bionic Implant Market Value, 2019 - 2028, (US$ Bn)
Fig. 29 Medical Bionic Implant Market Segment 1 - Asia Pacific
Fig. 30 Medical Bionic Implant Market Segment 2 - Asia Pacific
Fig. 31 Medical Bionic Implant Market Segment 2 - Asia Pacific
Fig. 32 Medical Bionic Implant China outlook, 2019 & 2026
Fig. 33 Medical Bionic Implant Japan outlook, 2019 & 2026
Fig. 34 Medical Bionic Implant India outlook, 2019 & 2026
Fig. 35 Medical Bionic Implant Rest of APAC outlook, 2019 & 2026
Fig. 36 Rest of World Medical Bionic Implant Market Value, 2019 - 2028, (US$ Bn)
Fig. 37 Medical Bionic Implant Market Segment 1 - Rest of World
Fig. 38 Medical Bionic Implant Market Segment 2 - Rest of World
Fig. 39 Medical Bionic Implant Market Segment 3 - Rest of World
Fig. 40 Medical Bionic Implant Middle East & Africa (MEA) outlook, 2019 & 2026
Fig. 41 Medical Bionic Implant South America outlook, 2019 & 2026
Fig. 42 Medical Bionic Implant Rest of World outlook, 2019 & 2026
Note: Product cover images may vary from those shown

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