Bionic Devices: Technology Innovations and Growth Opportunities

HealthcareBionic Devices: Technology Innovations and Growth Opportunities

Disruptive Bionic Device Technologies Mimicking Natural Functioning of the Eyes, Kidneys, and Limbs

RELEASE DATE
14-Dec-2022
REGION
North America
Deliverable Type
Technology Research
Research Code: DA61-01-00-00-00
SKU: HC03612-NA-TR_27257
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Bionic Devices: Technology Innovations and Growth Opportunities
Published on: 14-Dec-2022 | SKU: HC03612-NA-TR_27257

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Bionic devices are mechatronic or electronic platforms that can perform the physical and biological functions of body parts or organs that are lost or damaged because of chronic conditions or accidents. Patients that suffer complete vision loss because of retinal diseases; upper and lower limb amputations caused by accidents or chronic diseases; and chronic kidney diseases face two challenges: therapies to manage the condition are inadequate and the methods that are available do not serve as an effective solution.

Such limitations boost the demand for bionic devices that can help in effectively managing patient condition, enhance mobility, provide greater convenience, and improve health outcomes and overall quality of life. Bionic devices help restore functions of lost or damaged eyes, limbs, heart, ears, kidneys, and pancreas.

This growth opportunity-technology (GO-TE) analysis highlights innovation in bionic devices, including bionic eyes, bionic limbs, and artificial kidneys. The geographic scope is global. The analysis highlights some of the pathbreaking innovations/innovators in this space and their technology readiness levels.

This GO-TE will answer the following questions:
1. What are the technologies used in bionic devices, and what benefits do they offer?
2. What are the different applications areas of bionic devices?
3. Who are the key industry participants? What key technologies have they deployed? What are their technology readiness levels?
4. What are the government and private funding activities in this space?
5. What important partnerships and collaborations have taken place in the recent past?
6. What are the growth opportunities offered by bionic devices?

The Strategic Imperative 8™: Factors Creating Pressure on Growth in the Bionic Devices Industry

The Strategic Imperative 8™

The Impact of the Top 3 Strategic Imperatives on the Bionic Devices Industry

Growth Opportunities Fuel the Growth Pipeline Engine™

Research Methodology

Industry Overview

Technology Segmentation

Application Areas

Technology Readiness Level vs. Intensity of Technology Development

Business Growth Drivers

Technology Growth Drivers

Business Growth Restraints

Technology Growth Restraints

Research Scope

Bionic Eyes

Comparative Assessment of Retinal and Cortical Prostheses Systems

Bionic Eyes—Technology Trends

Bionic Eyes—Competitive Environment

Bionic Eyes—Competitive Environment (continued)

Artificial Kidneys

Comparative Assessment of Wearable Artificial Kidneys and Bioartifical Implantable Kidneys

Artificial Kidneys—Technology Trends

Artificial Kidneys—Competitive Environment

Artificial Kidneys—Competitive Environment (continued)

Bionic Limbs

Comparative Assessment of Bionic Arms and Hands

Comparative Assessment of Bionic Knees and Ankles/Feet

Bionic Hands and Arms—Technology Trends

Bionic Knees and Bionic Ankles/Feet—Technology Trends

Bionic Limbs—Competitive Environment

Bionic Limbs—Competitive Environment (continued)

Bionic Eyes—Regional Adoption

Artificial Kidneys—Regional Adoption

Bionic Limbs—Regional Adoption

Government and Private Funding for Bionic Devices

Government and Private Funding for Bionic Devices (continued)

R&D Networks for Bionic Devices Product Development

Growth Opportunity 1: Color-Vision Bionic Eyes with Greater Visual Clarity

Growth Opportunity 1: Color-Vision Bionic Eyes with Greater Visual Clarity (continued)

Growth Opportunity 2: 3D-printed Bionic Limbs

Growth Opportunity 2: 3D-printed Bionic Limbs (continued)

Growth Opportunity 3: Remote-monitored, Wearable, Artificial Kidneys

Growth Opportunity 3: Remote-monitored, Wearable, Artificial Kidneys (continued)

Bionic Devices—Intellectual Property Activity

Bionic Eye Patents

Artificial Kidney Patents

Bionic Limb Patents

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Bionic devices are mechatronic or electronic platforms that can perform the physical and biological functions of body parts or organs that are lost or damaged because of chronic conditions or accidents. Patients that suffer complete vision loss because of retinal diseases; upper and lower limb amputations caused by accidents or chronic diseases; and chronic kidney diseases face two challenges: therapies to manage the condition are inadequate and the methods that are available do not serve as an effective solution. Such limitations boost the demand for bionic devices that can help in effectively managing patient condition, enhance mobility, provide greater convenience, and improve health outcomes and overall quality of life. Bionic devices help restore functions of lost or damaged eyes, limbs, heart, ears, kidneys, and pancreas. This growth opportunity-technology (GO-TE) analysis highlights innovation in bionic devices, including bionic eyes, bionic limbs, and artificial kidneys. The geographic scope is global. The analysis highlights some of the pathbreaking innovations/innovators in this space and their technology readiness levels. This GO-TE will answer the following questions: 1. What are the technologies used in bionic devices, and what benefits do they offer 2. What are the different applications areas of bionic devices 3. Who are the key industry participants What key technologies have they deployed What are their technology readiness levels 4. What are the government and private funding activities in this space 5. What important partnerships and collaborations have taken place in the recent past 6. What are the growth opportunities offered by bionic devices
More Information
Deliverable Type Technology Research
Author Neeraj Nitin Jadhav
Industries Healthcare
No Index No
Is Prebook No
Keyword 1 Bionic Device Technologies
Keyword 2 Bionic Devices Market
Keyword 3 bionic eyes
Podcast No
WIP Number DA61-01-00-00-00