Market Research Logo

Bionics: Technologies and Global Markets

Bionics: Technologies and Global Markets

The global market for bionic devices reached $2.8 billion and $3.2 billion in 2015 and 2016 respectively. The market should reach $6.4 billion by 2021, growing at a compound annual growth rate (CAGR) of 15.2% from 2016 to 2021; and $12.1 billion by 2026 at a CAGR of 13.6% from 2021 to 2026.

Report Includes
An overview of the global market for bionics.
Analyses of global market trends, with data from 2015 and 2016, and projections of compound annual growth rates (CAGRs) through 2021 and 2026.
Segmentation of the market by device type and by region.
Examine market opportunities for the bionics industry and the technologies.
Description of the major types of bionic device, both commercial and developmental.
Overview of the market drivers, restraints and trends.
Profiles of companies related to the industry.


Report Scope
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.

CHAPTER 1 INTRODUCTION
STUDY BACKGROUND
STUDY GOALS AND OBJECTIVES
INTENDED AUDIENCE
SCOPE OF THE STUDY
METHODOLOGY AND INFORMATION SOURCES
ANALYST'S CREDENTIALS
RELATED BCC RESEARCH REPORTS
BCC RESEARCH WEBSITE
DISCLAIMER
CHAPTER 2 SUMMARY
SUMMARY TABLE GLOBAL MARKET FOR BIONIC DEVICES BY TYPE, THROUGH 2026 ($ MILLIONS)
SUMMARY FIGURE GLOBAL MARKET FOR BIONIC DEVICES BY TYPE, 2015-2026 ($ MILLIONS)
CHAPTER 3 OVERVIEW
DEFINITION OF BIONICS
HISTORY OF BIONICS
HISTORICAL ROOTS OF BIONICS
OTHER MILESTONES IN THE DEVELOPMENT OF BIONICS
EARLY BIONIC DEVICES
ENABLING TECHNOLOGIES
MINIATURIZATION
MATERIALS
SENSORS
ENERGY SOURCES
ARTIFICIAL INTELLIGENCE
APPLICATIONS AND CONDITIONS ADDRESSED
CONDITIONS AND NEEDS ADDRESSED BY BIONICS
Birth Defects
Amputations
Advanced Heart Failure
Impaired Hearing
Blindness
Other Medical Conditions
Enhanced Capabilities
PREVALENCE
All Disabilities
Worldwide
United States
FIGURE 1 PERCENTAGE OF DISABLED POPULATION IN THE U.S. OVER 18 YEARS OLD BY AGE GROUP, 2014 (%)
TABLE 1 NUMBER OF DISABLED PEOPLE IN THE U.S., THROUGH 2026 (MILLIONS)
FIGURE 2 NUMBER OF DISABLED PEOPLE IN THE U.S., 2015-2026 (MILLIONS)
Canada
TABLE 2 PERCENTAGE OF DISABLED CANADIAN POPULATION OVER 15 YEARS OLD BY AGE GROUP, 2012* (%)
TABLE 3 NUMBER OF DISABLED PEOPLE IN CANADA, THROUGH 2026 (MILLIONS)
FIGURE 3 NUMBER OF DISABLED ADULTS IN CANADA, 2015-2026 (MILLIONS)
European Union
TABLE 4 PREVALENCE OF DISABILITIES AMONG EU POPULATION 15-64 YEARS OLD, 2012 (THOUSANDS/%)
FIGURE 4 PERCENTAGE OF DISABLED PEOPLE OVER 15 YEARS OLD IN THE EU BY AGE GROUP (%)
TABLE 5 NUMBER OF DISABLED PEOPLE IN THE EU, THROUGH 2026 (MILLIONS)
FIGURE 5 NUMBER OF DISABLED PEOPLE IN THE EU, 2015-2026 (MILLIONS)
Japan
FIGURE 6 PERCENTAGE OF DISABLED JAPANESE POPULATION OVER 18 YEARS OLD BY AGE GROUP, 2011* (%)
Australia
Birth Defects
United States
Canada
European Union
Japan
Australia
Amputations
United States
TABLE 6 NUMBER OF LIMB AMPUTEES LIVING IN THE U.S., THROUGH 2026 (THOUSANDS)
Canada
TABLE 7 NUMBER OF LIMB AMPUTEES LIVING IN CANADA, THROUGH 2026 (THOUSANDS)
European Union
TABLE 8 NUMBER OF LIMB AMPUTEES LIVING IN EU COUNTRIES, THROUGH 2026 (THOUSANDS)
Japan
TABLE 9 NUMBER OF LIMB AMPUTEES LIVING IN JAPAN, THROUGH 2026 (THOUSANDS)
Australia
TABLE 10 NUMBER OF LIMB AMPUTEES LIVING IN AUSTRALIA, THROUGH 2026 (THOUSANDS)
Advanced Heart Failure
United States
Canada
European Union
Japan
TABLE 11 NUMBER OF CANDIDATES FOR A BIONIC HEART LIVING IN JAPAN, THROUGH 2026 (THOUSANDS)
Australia
TABLE 12 NUMBER OF CANDIDATES FOR A BIONIC HEART LIVING IN AUSTRALIA, THROUGH 2026 (THOUSANDS)
Hearing Loss
United States
TABLE 13 NUMBER OF CANDIDATES FOR A BIONIC EAR LIVING IN THE U.S. BY TYPE OF HEARING LOSS, THROUGH 2026
(THOUSANDS)
Canada
TABLE 14 NUMBER OF CANDIDATES FOR A BIONIC EAR LIVING IN CANADA BY TYPE OF HEARING LOSS, THROUGH 2026
(THOUSANDS)
Europe
TABLE 15 NUMBER OF CANDIDATES FOR A BIONIC EAR LIVING IN EUROPE BY TYPE OF HEARING LOSS, THROUGH 2026
(THOUSANDS)
Japan
TABLE 16 NUMBER OF CANDIDATES FOR A BIONIC EAR LIVING IN JAPAN BY TYPE OF HEARING LOSS, THROUGH 2026 (THOUSANDS)
Australia
TABLE 17 NUMBER OF CANDIDATES FOR A BIONIC EAR LIVING IN AUSTRALIA BY TYPE OF HEARING LOSS, THROUGH 2026
(THOUSANDS)
Blindness
United States
TABLE 18 NUMBER OF CANDIDATES FOR A BIONIC EYE LIVING IN THE U.S., THROUGH 2026 (THOUSANDS)
Canada
TABLE 19 NUMBER OF CANDIDATES FOR A BIONIC EYE LIVING IN CANADA, THROUGH 2026 (THOUSANDS)
European Union
TABLE 20 NUMBER OF CANDIDATES FOR A BIONIC EYE LIVING IN THE EU, THROUGH 2026 (THOUSANDS)
Japan
TABLE 21 NUMBER OF CANDIDATES FOR A BIONIC EYE LIVING IN JAPAN, THROUGH 2026 (THOUSANDS)
Australia
TABLE 22 NUMBER OF CANDIDATES FOR A BIONIC EYE LIVING IN AUSTRALIA, THROUGH 2026 (THOUSANDS)
CHAPTER 4 MARKET SUMMARY
FIGURE 7 TRENDS IN THE GLOBAL MARKET FOR BIONIC DEVICES, 2015-2026 ($ MILLIONS)
TABLE 23 GLOBAL MARKET FOR BIONIC DEVICES BY TYPE OF DEVICE, THROUGH 2026 ($ MILLIONS)
FIGURE 8 TRENDS IN BIONIC DEVICE MARKET SHARES, 2015-2026 (% OF TOTAL IMPLANT SALES)
TABLE 24 GLOBAL MARKET FOR BIONIC DEVICES BY COUNTRY/REGION, THROUGH 2026 ($ MILLIONS)
FIGURE 9 TRENDS IN BIONIC DEVICE MARKET SHARES, BY COUNTRY/REGION, 2015-2026 (% OF TOTAL IMPLANT SALES)
CHAPTER 5 BIONIC LIMBS
DESCRIPTION
APPLICATIONS
TECHNOLOGIES
ATTACHMENT
POWER SOURCES
Electrically Powered
Hybrid
CONTROLS AND SENSORS
Electromechanical Switches
Myoelectric Control
Targeted Muscle Reinnervation
Targeted Sensory Reinnervation
Myoacoustic Control
Muscle Bulge or Tendon Movement
RECENT DEVELOPMENTS
BRAIN-CONTROLLED BIONIC LIMBS
NEURAL INTERFACING
"INTELLIGENT" LIMBS
SENSING
COSMETIC IMPROVEMENTS
LIMB TRANSPLANTATION
LOW COST 3D PRINTED HANDS
PROVIDERS
TABLE 25 PROVIDERS OF BIONIC LIMBS
FIGURE 10 COMPANY SHARES OF THE GLOBAL MARKET FOR BIONIC LIMBS, 2015 (%/NUMBER)
PATENT ANALYSIS
FIGURE 11 U.S. EXOPROSTHESIS PATENTS ISSUED BY TYPE OF LIMB, 1976-2016 (%/NUMBER)
MARKETS
GLOBAL MARKET FOR BIONIC LIMBS
TABLE 26 GLOBAL MARKET FOR BIONIC LIMBS, THROUGH 2026 ($ MILLIONS)
GLOBAL MARKET BY TYPE OF LIMB
FIGURE 12 GLOBAL SALES OF BIONIC LOWER VS. UPPER LIMBS, 2015 (%/$ MILLIONS)
TABLE 27 GLOBAL MARKET FOR BIONIC LIMBS BY TYPE OF LIMB REPLACED, THROUGH 2026 ($ MILLIONS)
MAJOR GEOGRAPHICAL MARKET SEGMENTS
FIGURE 13 GLOBAL MARKET FOR BIONIC LIMBS BY COUNTRY/REGION, 2015 (%/$ MILLIONS)
TABLE 28 GLOBAL MARKET FOR BIONIC LIMBS BY COUNTRY/REGION, THROUGH 2026 ($ MILLIONS)
CHAPTER 6 BIONIC HEARTS
DESCRIPTION
APPLICATIONS
TECHNOLOGIES
TOTAL ARTIFICIAL HEARTS
Abiomed AbioCor
SynCardia Total Artificial Heart
IMPLANTABLE HEART ASSIST DEVICES
TABLE 29 IMPLANTABLE HEART ASSIST DEVICES
Ventricle Assisted
Pulsatile Versus Continuous-Flow Pumping
Percutaneous Versus Transcutaneous Devices
Power Source
RECENT DEVELOPMENTS
BIOPROSTHETIC ARTIFICIAL HEART
CONTINUOUS-FLOW TOTAL ARTIFICIAL HEART
OTHER TECHNICAL DEVELOPMENTS
High-Performance Materials
Greater Longevity
Miniaturization
PROVIDERS
TABLE 30 CARDIAC ASSIST/REPLACEMENT DEVICE PROVIDERS
FIGURE 14 COMPANY SHARES OF THE MARKET FOR BIONIC HEARTS, 2015 (%)
PATENT ANALYSIS
FIGURE 15 COMPANY SHARES OF U.S. CARDIAC ASSIST/REPLACEMENT DEVICE PATENTS ISSUED THROUGH 2016 (NUMBER/%)
MARKETS
GLOBAL MARKET FOR BIONIC HEARTS
TABLE 31 GLOBAL MARKET FOR BIONIC HEARTS, THROUGH 2026 ($ MILLIONS)
Bridge-to-Transplant Applications
Destination Therapy Applications
Health Insurance Trends
Constraints on Number of Qualified Surgeons
GLOBAL MARKET BY TYPE OF CARDIAC DEVICE
FIGURE 16 GLOBAL MARKET FOR BIONIC HEARTS BY TYPE OF DEVICE, 2015 (%/$ MILLIONS)
TABLE 32 GLOBAL MARKET FOR BIONIC LIMBS BY TYPE OF LIMB
REPLACED, THROUGH 2026
MAJOR GEOGRAPHICAL SEGMENTS
FIGURE 17 GLOBAL MARKET FOR BIONIC HEARTS BY COUNTRY/REGION, 2015 ($ MILLIONS/%)
TABLE 33 GLOBAL MARKET FOR BIONIC HEARTS BY COUNTRY/REGION, THROUGH 2026 ($ MILLIONS)
CHAPTER 7 BIONIC EARS
DESCRIPTION
APPLICATIONS
TECHNOLOGIES
COCHLEAR IMPLANTS
Multichannel Cochlear Implants
Speech Coding
Miniaturization
Hybrid Cochlear Implants
Totally Implantable Cochlear Implants
Dual Microphone Directional Technology
Wireless Hearing Assistance Technologies
Low-Cost Cochlear Implants
MIDDLE EAR IMPLANTS
Piezoelectric Middle Ear Implants
Electromagnetic Middle Ear Implants
Other Differences
PROVIDERS
TABLE 34 BIONIC EAR PROVIDERS
FIGURE 18 COMPANY MARKET SHARES OF COCHLEAR IMPLANT SALES, 2015 (%)
FIGURE 19 COMPANY MARKET SHARES OF MIDDLE EAR IMPLANTS, 2015 (%)
PATENT ANALYSIS
FIGURE 20 U.S. BIONIC EAR PATENTS, BY TYPE OF TECHNOLOGY, ISSUED THROUGH 2016 (%/NUMBER)
FIGURE 21 U.S. BIONIC EAR PATENTS ISSUED THROUGH 2016 BY ASSIGNEE (%/NUMBER)
MARKET ANALYSIS
GLOBAL MARKET FOR BIONIC EARS
TABLE 35 GLOBAL MARKET FOR BIONIC EARS, THROUGH 2026 ($ MILLIONS)
GLOBAL MARKET BY TYPE OF HEARING DEVICE
FIGURE 22 GLOBAL MARKET FOR BIONIC EARS BY TYPE OF DEVICE, 2015 (%/$ MILLIONS)
TABLE 36 GLOBAL MARKET FOR BIONIC EARS BY TYPE OF DEVICE, THROUGH 2026 ($ MILLIONS)
Cochlear Implants
Historical Sales
Market Dynamics
FIGURE 23 COCHLEAR IMPLANT MARKET PENETRATION, 2015 (%/NUMBER)
Projected Sales
TABLE 37 GLOBAL MARKET FOR COCHLEAR IMPLANTS, THROUGH 2026 ($ MILLIONS)
Middle Ear Implants
Historical Sales
Market Dynamics
Projected Sales
TABLE 38 GLOBAL MARKET FOR EAR IMPLANTS, THROUGH 2026 ($ MILLIONS)
MAJOR GEOGRAPHICAL MARKET SEGMENTS
FIGURE 24 GLOBAL MARKET FOR BIONIC EARS BY COUNTRY/REGION, 2015 (%/$ MILLIONS)
TABLE 39 GLOBAL MARKET FOR BIONIC EARS BY COUNTRY/REGION, THROUGH 2026 ($ MILLIONS)
CHAPTER 8 BIONIC EYES
DESCRIPTION
APPLICATIONS
TECHNOLOGIES
CORTICAL IMPLANTS
RETINAL IMPLANTS
Epiretinal Implants
Boston Retinal Implant Project
Second Sight Medical Products Inc.
Intelligent Medical Implants
Pixium Vision
Subretinal Implants
Optobionics Corp.
Retina Implant GmbH
Bionic Vision Australia
Hybrid Implants
Telescopic Implants
Optic Nerve Stimulator
Cortical Visual Prostheses
PROVIDERS
TABLE 40 COMPANIES DEVELOPING BIONIC EYE PRODUCTS
FIGURE 25 COMPANY SHARES IN THE GLOBAL MARKET FOR BIONIC EYES, 2015 (%)
PATENTS
FIGURE 26 U.S. RETINAL IMPLANT PATENTS, BY ASSIGNEE, ISSUED THROUGH 2016 (%/NUMBER)
MARKETS
GLOBAL MARKET FOR BIONIC EYES
TABLE 41 GLOBAL MARKET FOR BIONIC EYES, THROUGH 2021 ($ MILLIONS)
GLOBAL MARKET BY TYPE OF BIONIC EYE
FIGURE 27 GLOBAL MARKET FOR BIONIC EYES, BY TYPE OF DEVICE, 2015 (%/$ MILLIONS)
TABLE 42 GLOBAL MARKET FOR BIONIC EYES, BY TYPE OF DEVICE,
THROUGH 2026 ($ MILLIONS)
MAJOR GEOGRAPHICAL MARKET SEGMENTS
FIGURE 28 GLOBAL MARKET FOR BIONIC EYES, BY COUNTRY/REGION, 2015 (%/$ MILLIONS)
TABLE 43 GLOBAL MARKET FOR BIONIC EYES, BY COUNTRY/REGION, THROUGH 2026 ($ MILLIONS)
CHAPTER 9 EXOSKELETONS
DESCRIPTION
APPLICATIONS
HEALTHCARE
INDUSTRIAL/COMMERCIAL
MILITARY
TECHNOLOGIES
MOTION DATA ACQUISITION AND ANALYSIS
CONTROL STRATEGIES
OTHER ISSUES IN EXOSKELETON TECHNOLOGY
Weight
Actuators
Human Attachment
Safety
Energy Efficiency
Lower Cost
PROVIDERS
TABLE 44 EXOSKELETON PROVIDERS
FIGURE 29 COMPANY SHARES OF THE EXOSKELETON MARKET, 2015 (%)
PATENT ANALYSIS
TABLE 30 CARDIAC ASSIST/REPLACEMENT DEVICE PROVIDERS
MARKETS
GLOBAL MARKET FOR EXOSKELETONS
TABLE 45 GLOBAL MARKET FOR EXOSKELETONS, THROUGH 2026 ($ MILLIONS)
GLOBAL MARKET BY TYPE OF EXOSKELETON
FIGURE 31 SALES OF ORTHOTIC VS. PERFORMANCE-ENHANCING EXOSKELETONS, 2015 (%/$ MILLIONS)
TABLE 36 GLOBAL MARKET FOR BIONIC EARS BY TYPE OF DEVICE, THROUGH 2026 ($ MILLIONS)
MAJOR GEOGRAPHICAL MARKET SEGMENTS
FIGURE 32 GLOBAL MARKET FOR EXOSKELETONS BY COUNTRY/REGION, 2015 (%/$ MILLIONS)
TABLE 47 GLOBAL MARKET FOR EXOSKELETONS BY COUNTRY/REGION, THROUGH 2026 ($ MILLIONS)
CHAPTER 10 REGULATORY AND LEGISLATIVE ISSUES
UNITED STATES
CANADA
EUROPEAN UNION
JAPAN
AUSTRALIA
CHAPTER 11 VENDOR PROFILES
ABIOMED INC.
ACTIVELINK CO. LTD.
ADVANCED BIONICS CORP.
ALTERG
AXOSUITS SRL
BAE SYSTEMS PLC
BIONX MEDICAL TECHNOLOGIES INC.
B-TEMIA INC.
BANA TEKNOLOJI
BIONIK LABORATORIES
BIOSERVO TECHNOLOGIES AB
CARMAT S.A.
CLEVELAND FES CENTER
COAPT LLC
COCHLEAR LTD.
CYBERDYNE INC.
DAEWOO SHIPBUILDING AND MARINE ENGINEERING CO. LTD.
DEKA RESEARCH AND DEVELOPMENT
EKSO BIONICS
ENDOLITE
ENVOY MEDICAL
EXOATLET
EXIII INC.
FILLAUER COMPANIES INC.
GOGOA MOBILITY ROBOTS
GOLD MEDICAL TECHNOLOGIES
HDT GLOBAL
HEARTWARE
HONDA MOTOR CO LTD.
HOSMER DORRANCE CORP.
HYUNDAI MOTOR CO.
INTELLIGENT MEDICAL IMPLANTS GMBH
JAPET MEDICAL DEVICES
JARVIK HEART INC.
KINETEK WEARABLE ROBOTICS
LIBERATING TECHNOLOGIES INC.
LOCKHEED MARTIN CORP.
MED-EL
MITIHEART CORP.
MITSUBISHI HEAVY INDUSTRIES
MOTION CONTROL INC.
MOTORIKA
MYOMO INC.
NABTESCO CORP.
OPEN BIONICS LTD.
OPTOBIONICS
OSSUR HF.
OTOLOGICS LLC
OTOTRONIX LLC
OTTO BOCK HEALTHCARE GMBH
P&S MECHANICS CO. LTD.
PANASONIC-ACTIVELINK CO. LTD.
PARKER HANNIFIN CORP.
PHASEX AB
PIXIUM VISION
RB3D
REHAB-ROBOTICS CO., TD.
RELIANTHEART INC.
RETINA IMPLANT AG
REWALK ROBOTICS
REX BIONICS LTD.
ROAM ROBOTICS
ROKI ROBOTICS
ST. JUDE MEDICAL INC.
SARCOS CORP.
SECOND SIGHT MEDICAL PRODUCTS INC.
SOUNDTEC INC.
STEEPER GROUP
SUNSHINE HEART INC.
SYNCARDIA SYSTEMS LLC
TOUCH BIONICS
TOYOTA MOTOR CORP.
U.S. BIONICS INC.
VISIONCARE INC.
WANDERCRAFT SAS

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report