JERSEY CITY, New Jersey, July 18, 2022 (GLOBE NEWSWIRE) -- Verified Market Research recently published a report, “Human Augmentation Market” By Product (In-Built Augmentation, Wearable Augmentation), By Application (Medical, Defense), and By Geography. According to Verified Market Research, the Human Augmentation Market size was valued at USD 127.75 Billion in 2021 and is projected to reach USD 708.79 Billion by 2030, growing at a CAGR of 20.97% from 2022 to 2030.
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Browse in-depth TOC on “Human Augmentation Market”
202 - Pages
126 – Tables
37 – Figures
Global Human Augmentation Market Overview
The demand for human augmentation across the healthcare industry is growing during the forecasted period, as it helps in transforming health. Human augmentation is used potentially in prosthetics and bionics to replicate or enhance pre-existing human functions. Such functions which are lost or the people never those functions can be replicated by creating medical aids to help those people to regain such functions back. Prosthetic limbs are the best example of human augmentation in healthcare; it helps to enhance the physical capabilities of humans suffering from mobility difficulties. Thus, the application of human augmentation can regain mobility with minimal invasiveness.
Furthermore, bionic eyes, bionic lenses, and mechanical eye implants are other human augmentation devices that enhance human eye-sight within pre-existing eye structures. Augmented exoskeleton or powered exoskeleton helps to provide support to the human body in case of mobility difficulties. Thus, the demand for human augmentation across the healthcare industry around the world is growing as it offers lucrative benefits to users. Furthermore, human augmentation applies augmented reality, virtual reality, machine learning, and rest of other innovative technologies; thus, the demand for the human augmentation across different industry applications such as medical, defense, aerospace, defense, education, and industrial, amongst others, is growing.
Key Developments
- In May 2022, Magic Leap announced a strategic partnership with Globant to scale enterprise AR adoption and to develop and deploy tailored software solutions for enterprise customers.
- In September 2021, B-Temia Inc. announced the launch of a brand-new version of its flagship product, Keeogo. Commercialized under the name Keeogo+, the new smart-powered orthosis is designed to improve the experience of both users and clinicians – and to be an even greater game-changer.
Key Players
The major players in the market are B-Temia, BrainGate, Ekso Bionics, Google, Magic Leap, Raytheon, Rewalk Robotics, Samsung Electronics, Second Sight Medical, Vuzix Corporation.
Verified Market Research has segmented the Global Human Augmentation Market On the basis of Product, Application, and Geography.
- Human Augmentation Market, By Product
- In-Built Augmentation
- Wearable Augmentation
- Human Augmentation Market, By Application
- Medical
- Defense
- Industrial
- Other
- Human Augmentation Market, by Geography
- North America
- U.S
- Canada
- Mexico
- Europe
- Germany
- France
- U.K
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Rest of Asia Pacific
- ROW
- Middle East & Africa
- Latin America
- North America
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