Dublin, Oct. 22, 2013 (GLOBE NEWSWIRE) -- Research and Markets (http://www.researchandmarkets.com/research/3q8ltj/medical_bionic)
has announced the addition of the "Medical
Bionic Implants Market [Vision, Brain, Heart, Orthopedic & Ear]
- Trends & Global Forecasts to 2017" report to their
offering.
Bionics is mechanical/electronic replacement or enhancement of
organs/parts of living organisms. The medical bionic implants
market is a potentially growing one with a global market of $12.67
billion in 2012. It is expected to grow at a CAGR of 7.1% to reach
$17.82 billion in 2017.
The global medical bionic
implants market has been segmented as vision bionics, ear
bionics, orthopedic bionics, heart bionics, and neural/brain
bionics. Heart bionics accounts for the largest share in this
market, primarily due to a large global population with heart
diseases. Rising healthcare expenditure and emergence of new
healthcare facilities in emerging economies provides growth
opportunities for the medical bionic implants market. The market
for certain bionic devices such as exoskeletons, bionic
orthopedics, and the bionic eye are skewed in favor of certain
regions because of stronger research in these regions as compared
to others. In this report, we are also focusing on bionic devices
in pipeline, which include wearable artificial kidney, bio-lung,
and artificial pancreas.
New and improved technologies, increasing organ failure owing to
aging and age-related disorders, increasing accidents and injuries
leading to amputations, and rise in number of people awaiting organ
transplants are the major drivers slated to propel the growth of
this market. However, a few pivotal factors restraining the growth
of this market are high cost of devices and uncertain reimbursement
scenarios in different regions, limited surgical expertise, and
high cost of development. The opportunities in this market for new
entrants include improving income levels, and rising awareness in
emerging economies.
Key Topics Covered:
1 Introduction
2 Executive Summary
3 Market Overview
4 Global Medical Bionic Implants Market, By Products
5 Global Medical Bionic Implants Market, By Technology
6 Global Medical Bionic Implants Market, By Type Of Fixation
7 Geographic Analysis
8 Competitive Landscape
9 Company Profiles
Companies Mentioned
- Abiomed, Inc.
- Berlin Heart Gmbh
- Biomet, Inc.
- Boston Scientific Corporation
- Cochlear, Ltd.
- Edwards Lifesciences Corporation
- Ekso Bionics
- Heartware International, Inc.
- Iwalk, Inc.
- Jarvik Heart, Inc.
- Lifenet Health
- Med-El Elektromedizinische Geräte G.M.B.H.
- Medtronic, Inc.
- Nano Retina, Inc.
- Orthofix International N.V.
- Ossur
- Otto Bock Healthcare Gmbh.
- Second Sight Medical Products, Inc.
- Sonova Holding Ag
- St. Jude Medical, Inc.
- Sorin S.P.A.
- Terumo Corporation
- Thoratec Corporation
- Tibion Corporation
- Touch Bionics, Ltd.
For more information visit http://www.researchandmarkets.com/research/3q8ltj/medical_bionic
Research and Markets
Laura Wood, Senior Manager.
press@researchandmarkets.com
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector:
Medical Devices