Future of Bionics

Evaluating the Technology’s Role in Driving Strategic Transformation within the Global Bionics Industry

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This Research Service (RS) offers a strategic perspective on the global emerging industry of bionics technologies. This research service is segmented into three chapters, with the first two focusing on analysis of the top trends from both technology and end-user perspectives. The third chapter brings out the competitive landscape, focusing on strategic scenarios within the industry, reviewing the roles and strategies of both existing and emerging participants in the global market.

Key questions answered in this research service:
1. What is the role played by NPD (new product development) and research initiatives in improving the overall adoption of bionic technologies?
2. What are the ongoing shifts in the healthcare needs which are largely driving research and development of bionic prosthetics?
3. What are the potential technology-enabled business models that could be explored by existing competitors, and new players entering into the global industry for the bionic prosthetics?
4. Investments in bionic technologies are expected to increase. What are the strategic priorities of existing and new participants in developing the global market?

Table of Contents

1.0 Executive Summary1.1 Scope of Research1.2 Research Methodology1.3 Key Findings: Manufacturers Focus on Sourcing Parts and Components from Single-source Suppliers1.4 Key Findings: Translation of Cost-reduction Efforts to Drive Reimbursement Is Critical for Top-line Growth1.5 Key Findings: Investing in Creating and Acquiring Innovative IP Is Vital to Current Competitive Landscape2.0 Technology Segmentation and Analysis2.1 Market for Neuromodulation and Cochlear Implants is Highly Competitive with High Barriers for Entry2.2 Rapid Adoption of 3D Printing as a Feasible Manufacturing Method for Orthopedic Bionic Devices2.3 Increasing Investments in Bionics Research Help in Addressing Technological Challenges Facing the Industry2.4 Channel Growth Efforts Focus on Expanding Clinical Application Bionics through Well-funded Clinical Trials3.0 End-user Segmentation and Analysis3.1 Bionic Devices for COPD Are among the Newly Targeted Application of Bionic Prosthetics3.2 Artificial Pancreas: A Clinical Application of Bionics that Is Poised for High Commercial Impact3.3 Social Media Plays a Key Role in Increasing the Adoption of Cochlear Implants and Other Bionic Prosthetics3.4 Vision Bionics, Such as Artificial Retinal Implants, Offers Most Value that Is Sought After by Patients4.0 Competitor Segmentation and Analysis4.1 Competitive Advantages of Bionic Devices over Drug Therapies or Other Therapy Types Are Less4.2 Selecting the Right Partners for Conducting Clinical Trials Plays a Key Role in Addressing Few Barriers to Market Entry4.3 Manufacturers Need to Prioritize Customer Needs during Product Design and Development Stages4.4 Bionics for Rehabilitation, Blindness, and Epilepsy Are Potential Areas for Early-stage Investments5.0 Recommendations to Innovation Stakeholders5.1 Huge Potential for Brain-powered Prosthetics that Has the Potential to Replace the Function of a Lost Limb5.2 Accessibility to Customers Is Greatly Enhanced by Certain Business Models such as Open-source Prosthetics5.3 Bionic Gym Enables a High Level of Convenience to Patients in Addressing a Range of Fitness Needs5.4 Competitive Strength for Solutions that Enable Patients to Upgrade and Personalize Their Bionic Prosthetics 6.0 Analyst Insights6.1 Product Developers Play a Key Role to Increase Awareness of Merits and Demerits of Bionic Prosthetics7.0 List of Key Patents7.1 Key Patents: Method of Protecting Gait Orthopaedic Device from Damage7.2 Key Patents: Method of Control of Prosthetic and Orthotic Devices using Electromyography Signals7.3 Key Patents: Prosthetic Device Incorporating a Wrist Device for Better Control7.4 List of Key Industry Participants7.4 List of Key Industry Participants (continued)Legal Disclaimer8.0 The Frost & Sullivan Story8.1The Frost & Sullivan Story8.2 Value Proposition: Future of Your Company & Career8.3 Global Perspective8.4 Industry Convergence8.5 360º Research Perspective8.6 Implementation Excellence8.7 Our Blue Ocean Strategy




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