TMCnet News
Bionics: Technologies and Global MarketsNEW YORK, July 12, 2017 /PRNewswire/ -- Use this report to: STUDY GOALS AND OBJECTIVES The goal of the report is to examine market opportunities for the bionics industry and the technologies that make possible the more advanced products that are rapidly coming into being. Specific objectives of the report include analyzing: - Major types of bionic device, both commercial and developmental. - Major markets and market segmentation. - Market drivers and constraints. - Detailed market projections through 2026. - Industry structure, competition and market shares. - Factors that may influence the long-term market for bionic devices. INTENDED AUDIENCE The report has been written for the entire medical and healthcare interest community, but is tailored especially for readers with an interest in the marketing and management dimensions of bionic devices, such as: - Manufacturers and distributors of bionic devices. - Regulators and health insurers. - Investors. - The financial and analyst community. SCOPE OF THE STUDY This report covers all types of bionic devices as defined above, but focuses on the following: - Exoskeletons. - Limbs and appendages (e.g., hands, feet, fingers). - Hearts. - Ears. - Eyes. Certain other types of devices, which fit this report's definition of bionic, such as bionic penises, are excluded because they are experimental and the potential commercial market for them over the next 10 years is small or non-existent. Neural implants are covered only to the extent that they form part of an electromechanical system such as a bionic arm, but are excluded if they are purely electronic/electrical in nature (e.g., spinal cord stimulators). Purely mechanical prosthetic devices such as hip implants and assistive devices that are not worn such as wheelchairs are also not covered. The market projections do not include the cost of surgical procedures used to insert the devices, or rehabilitation or training of wearers in the use of their bionic device. While some bionic devices are commercially available at present, the real market for bionics is long-term. The report therefore will focus mainly on identifying bionic technologies that are under development and the conditions that will determine which ones reach the market and the quantities that could potentially be sold. Given the long-term nature of the market, the report has a 10-year time frame (i.e., 2016 to 2026). Since the market for bionic devices will continue to be focused, albeit to a diminishing degree, in the medically advanced countries, the report will present detailed market estimates for the following: the United States and Canada, and the European Union. The rest of the global market will be analyzed as a single unit. METHODOLOGY AND INFORMATION SOURCES The findings and conclusions of this report are based on information gathered from manufacturers and distributors of bionic devices, hospitals, doctors and other end users. Interview data were combined with information gathered through an extensive review of secondary sources such as trade publications, trade associations, company literature and online databases to produce the baseline market estimates contained in this report. The base year for analysis and projection is 2015. At the time this report was written, in the early months of 2017, many data for 2016 were not yet available. With 2015 as a baseline, market projections were developed for 2016 through 2026. These projections are based on a combination of a consensus among the primary contacts combined with our understanding of the key market drivers and their impact from a historical and an analytical perspective. A description of the analytical methodologies used accompanies the detailed market projections, below. All dollar projections presented in this report are in 2015 constant dollars. ANALYST'S CREDENTIALS Read the full report: http://www.reportlinker.com/p04754986/Bionics-Technologies-and-Global-Markets.html About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place. http://www.reportlinker.com __________________________ Contact Clare: [email protected] US: (339)-368-6001 Intl: +1 339-368-6001 View original content:http://www.prnewswire.com/news-releases/bionics-technologies-and-global-markets-300487277.html SOURCE Reportlinker |