Global Human Augmentation Market Research Report 2022: Market Will Reach $17 Billion by 2026

DUBLINJune 29, 2022 /PRNewswire/ — The “Human Augmentation – Global Market Trajectory & Analytics” report has been added to ResearchAndMarkets.com’s offer.

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Global Human Augmentation Market To Achieve $17 billion by 2026

Amid the COVID-19 crisis, the global human augmentation market is estimated to be US$4.3 billion in the year 2020, is expected to reach a revised size of US$17 billion by 2026, growing at a CAGR of 26.8% over the analysis period.

The concept of human augmentation has long compelled the scientific and medical communities to use advanced technology for augmentation of bodies, including the exploitation of human genes to cure conditions such as blindness or fight viruses. In recent years, the scope of human augmentation has expanded beyond medical R&D to new technologies, smart devices, artificial intelligence and the Internet of Things.

The human augmentation pipeline includes several technologies, including prosthetics, bionics, neurotechnology, nootropics, brain-computer interfaces, and gene editing. Some of the body modification technologies poised to turn heads include exoskeletons, RFID chips, augmented vision, real-time language translation, smart contact lenses, 3D printed body parts, smart medicines, brain-computer interfaces, enhanced genitalia, and designer babies.

Wearable, one of the segments analyzed in the report, is expected to grow at a CAGR of 27.1% to reach $19.6 billion at the end of the analysis period. After a thorough analysis of the business implications of the pandemic and the economic crisis caused, growth in the In-Built segment is adjusted to a revised CAGR of 25% for the next 7 years.

This segment currently accounts for a 14% share of the global Human Augmentation market. Powered by artificial intelligence (AI), next-generation wearable devices are expected to support enhanced human interactions and intelligence in a more intuitive and less intrusive way. The technology is expected to accelerate the paradigm shift to augmented intelligence. Advanced wearable devices supported by IoT enable high-performance applications for physical magnification, mental aid, and advanced detection.

The US market is estimated at: $2 billion in 2021, while China is expected to reach $2.6 billion by 2026

The US market for Human Augmentation is estimated to be: 2 billion dollars in the year 2021. The country currently has a 39.31% share of the global market.

Chinathe world’s second largest economy, is expected to reach an estimated market size of US$2.6 billion in the year 2026 with a CAGR of 30.1% behind during the analysis period. Among the other notable geographic markets are: Japan and Canadaeach of which will grow by 23% and 24.3%, respectively, over the analysis period.

Inside EuropeGermany is expected to grow at approximately 26% CAGR while reaching the rest of the European market (as defined in the study) $3.6 billion at the end of the analysis period.

Main topics covered:

I. METHODOLOGY

II. MANAGEMENT SUMMARY

1. MARKET OVERVIEW

  • Market insights from influencers

  • Global market trajectories

  • Impact of Covid-19 and a looming global recession

  • Human Augmentation – Percentage of Market Share of Global Major Competitors in 2022 (E)

  • Competitive market presence – strong/active/niche/trivial for players worldwide in 2022 (E)

  • Human Magnification: An Introduction

  • Types of Human Magnification

  • Key Concerns and Considerations

  • Technical Considerations and Challenges

  • Recent market activity

2. FOCUS ON SELECTED PLAYERS (Total 46 Featured)

  • Atheer, Inc

  • Atoun

  • B-Temia Inc

  • Ekso Bionics Holdings, Inc

  • Fossil Group, Inc

  • Garmin Ltd

  • Google Inc.

  • goqii

  • Jawbone, Inc.

  • Life Sense Group BV

  • Magic Leap, Inc.

  • mobvoic

  • P&S Mechanics Co., Ltd.

  • Polar Electro Oy

  • ReWalk Robotics, Inc.

  • Rex Bionics Ltd.

  • Samsung Electronics Co. Ltd.

  • Vuzix Corporation

3. MARKET TRENDS & DRIVERS

  • Potential implications of sharp rise in human augmentation for health and performance

  • Appendage and biological function enlargement forward

  • Cognitive Augmentation: Improving Thoughts and Decision Making

  • Select Innovations

  • Wearable technology: the transition from science fiction to reality

  • Wearable AI radiates huge potential to increase human intelligence

  • Advanced wearable AI devices to increase intelligence

  • Global AI Market for Healthcare

  • Fascinating developments

  • Advanced wearable devices that are in harmony with Augmented Human Workers

  • AI set up to enable a host of enhanced human capabilities in various areas

  • Sensory augmentation changes human perception

  • Brain Augmentation: a market with strong growth potential

  • Genetic augmentation offers new possibilities

  • Wearable haptics gains importance in personalized biomedical devices

  • Virtual Reality: an enabling technology

  • Virtual Reality in Healthcare (2020): Distribution of the percentage of revenues by application area

  • Increasing Prevalence of Hearing Loss Benefits Demand for Cochlear Implants

  • World population with moderate to severe hearing impairment for the years 2006 to 2022

  • Emerging role of nanorobotics

  • Human augmentation technologies feel robust opportunities in the industrial sector

  • Current trends in industrial automation and industry 4.0 are driving adoption

  • Key Industry 4.0 Technologies

  • Teleexistence: a futuristic technology

  • Augmented Reality: enriching the real world

  • As defense departments lean towards advanced military technologies, opportunities abound for human augmentation systems

4. GLOBAL MARKET PERSPECTIVE

III. REGIONAL MARKET ANALYSIS

IV. CONTEST

For more information about this report, visit https://www.researchandmarkets.com/r/inzhi2

Media contact:

Research and markets
Laura Woodsenior manager
[email protected]

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