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 constant efforts of prominent players to develop newer and modern technologies and product advancements are expected to drive the growth of the industry over the coming years. The report studies the extensive business expansion plans and advancements in R&D activities and product portfolio. The report offers a clear understanding of the alliances in the market, such as mergers and acquisitions, joint ventures, collaborations, partnerships, agreements, product launches and brand promotions, and corporate deals.

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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

The research study examines historic data from 2018 and 2020 to draw forecasts until 2030. The timeline makes the report an invaluable resource for readers, investors, and stakeholders looking for key insights in readily accessible documents with the information presented in the form of tables, charts, and graphs.

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Market Overview:

The report bifurcates the Bionics market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.

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

The research report offers a comprehensive regional analysis of the market with regards to production and consumption patterns, import/export, market size and share in terms of volume and value, supply and demand dynamics, and presence of prominent players in each market.

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Regional Analysis Covers:

North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Key reasons to buy the Global Bionics Market report:

1. The latest report comprehensively studies the global Bionics market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.
2. The report offers an insightful analysis of the regional outlook of the market.
3. It offers a detailed account of the end-use applications of the products & services offered by this industry.
4. The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.

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