The term ‘bionics’ is a portmanteau coined by American physician Dr. Jack E. Steele in August 1958, using the words biology and electronics. Bionics, which signifies biologically inspired engineering, is the application of various biological methods to the study and design of engineering systems. In simpler words, bionics is the study of various mechanical systems that function like the natural biological systems of living beings. Common examples of bionics in the field of engineering include radar, sonar, the hulls of boats that imitate dolphins’ thick skin, and medical ultrasound imaging that mimics animal echolocation. In computer science, bionics holds a great deal of significance as it has help scientists develop artificial neural networks, artificial neurons, and swarm intelligence.

The report studies the historical data of the Bionics market and offers valuable information about the key segments and sub-segments, revenue generation, demand and supply scenario, trends, and other vital aspects. The report offers an accurate forecast estimation of the Bionics industry based on the recent technological and research advancements. It also offers valuable data to assist the investors in formulating strategic business investment plans and capitalize on the emerging growth prospects in the Bionics market.

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The study outlines the rapidly evolving and growing market segments along with valuable insights into each element of the industry. The industry has witnessed the entry of several new players, and the report aims to deliver insightful information about their transition and growth in the market. Mergers, acquisitions, partnerships, agreements, product launches, and joint ventures are all outlined in the report.

The leading market contenders listed in the report are:

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

Research Report on the Bionics Market Addresses the Following Key Questions:

  • Who are the dominant players of the Bionics market?
  • Which regional market is anticipated to have a high growth rate over the projected period?
  • What consumer trends and demands are expected to influence the operations of the market players in the Bionics market?
  • What are the key growth drivers and restraining factors of the Bionics market?
  • What are the expansion plans and strategic investment plans undertaken by the players to gain a robust footing in the market?
  • What is the overall impact of the COVID-19 pandemic on the Bionics market and its key segments?

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Emergen Research has segmented the global Bionics market on the basis of type, type of care, and region

Segments Covered in this report are:

  • By Product Type:
    • Ear Bionics
      • Cochlear Implants
      • Auditory Brainstem Implants
      • Bone Anchored Hearing Systems
    • Vision Bionics
    • Orthopedic Bionics
      • Upper limb
      • Lower limb
      • Exoskeleton
      • Electrical Bone Growth Stimulators
    • Cardiac Bionics
      • Total Artificial Heart
      • Pacemaker
      • Ventricular Assist Device
      • Biventricular Assist Device (BIVAD)
      • Left Ventricular Assist Device (LVAD)
      • Right Ventricular Assist Device (RVAD)
      • Artificial Heart Valves
    • Neural/Brain Bionics
      • 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

more

In conclusion, the Bionics Market report is an exhaustive database that will help readers formulate lucrative strategies. The Bionics Market report studies the latest economic scenario with value, drivers, constraints, growth opportunities, challenges, demand and supply ratio, production capacity, import/export status, growth rate, and others. Additionally, the report also undertakes SWOT Analysis and Porter’s Five Forces Analysis to study the leading companies.

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