Upcoming Allied Market Research
Bionic Devices Market

Bionic Devices Market: Global Opportunity Analysis and Industry Forecast, 2022-2029 Market

Report Code: A10887
Pages: NA
Nov 2022 | 496 Views
Author(s) : Onkar Sumant
Tables: NA
Charts: NA
  • Formats*:

  • Single User License, Five User
    License & Enterprise User License

  • Data Pack Excel License

  • It comes with the additional cost
    of $2500.00 contact sales.



Pandemic disrupted the entire world and affected many industries.

Get detailed COVID-19 impact analysis on the Bionic Devices Market

Request Now !

Bionic devices are implants that replace biological functions lost due to nerve damage. They use electrical signals to stimulate the remaining nerve cells following disease or injury. Currently, the bionic eye is under development with several groups across the globe seeking to provide a viable device for enabling sight impaired patients to perceive light. Pacemakers were the first bionic device types but have been expanded to include not only cardiac pacemakers, but also urinary and diaphragm pacing devices. Similarly implantable electrodes have been used for functional electrical stimulation, encompassing a range of devices which enable movement of muscles in patients with nerve damage, such as paraplegics. These devices perform functions which can include limb movement, sphincter and erectile control. The more widely recognized bionic devices are the cochlear implant and the bionic eye. Actively stimulated nerve guides for repairing nerve injury and stimulated wound healing electrodes may also be considered bionic devices.

Market scope and structural analysis:

Report Metric


  Market size available for years


  Base year considered


  Forecast period


  Forecast units

  Value (USD)

  Segments covered

  Type, Material, End-users, Region.

  Regions covered

•North America (U.S., Canada, Mexico)

•Europe (France, Germany, UK, Italy, Spain, Rest of Europe)

•Asia-Pacific (Japan, China, India, Australia, South Korea, Rest of Asia-Pacific)

•LAMEA (Brazil, South Arabia, South Africa, Rest of LAMEA)

  Companies covered

Varjo Technologies, Open Bionics, AlterG, AGTC, Pixium Vision. , ReWalk Robotics., Festo, Ekso Bionics, Mobius Bionics, Nano Retina, and Össur.


Covid-19 Scenario analysis:

The COVID-19 pandemic poses special challenges to patients who require Bionic transplants. Those waiting for transplant or who had received a transplant tend to have more severe disease due to weak immunity. Patients with severe heart, lung, or liver failure and waiting for transplant are at a high risk for dying if a transplant does not happen within a short period of time. But if there are clusters of COVID-19 disease in the region around the hospital or if there are COVID-19 patients already admitted in the hospital then, the course ahead becomes a quandary. Performing a transplant surgery in such situation will increase the risk of exposure to the recipient during the surgery and in the recovery period. This exposure could happen from the donor or healthcare providers or other patients in the hospital. It is possible that the hospital resources could become limited due to COVID-19 cases and the care of the transplant recipients may get compromised. Non-urgent transplant surgeries such as kidney transplants in relatively stable patients on dialysis may be avoided in areas of high prevalence of COVID-19. If the recipient is critically ill and the surgery is unavoidable then care has to be taken to check both the donor and the recipient for COVID-19 prior to transplant. All these health hazard have resulted in a slowdown in the bionic transplant market.

Top impacting factors: Market Scenario Analysis, Trends, Drivers and Impact analysis:


Technological developments:

Bionic technology can be defined as the flow of concepts from engineering to biology and vice versa. The advancement in bionic technology over the years has helped scientists to create various innovative materials that enhance human ability. Bionic devices such as prosthetic arms and prosthetic legs have even helped people with disabilities lead a normal life. But science fiction has literally raised expectation, and researchers and innovators all over the globe are putting best of their efforts to build bionic tech that could someday actually make superhuman. Some examples are:

The H.U.L.C exoskeleton with a titanium body was developed by Berkley Bionics and Lockheed Martin mainly keeping soldiers in mind. It is a 3rd gen exoskeleton, which allows the wearer to easily lift up to 200 pounds of weight and also decreases the amount of metabolic energy required by the wearer. The exoskeleton essentially provides a person with superhuman capabilities by increasing the strength as well as endurance.

The bionic lens is a proposition by many developers and manufacturers that will have a virtual display and could have multiple uses from improving eyesight to video gaming. A company called Ocumetics Technology Corporation is at the forefront of this technology.

A large portion of people in the world is insulin dependent due to diabetic problems. These people not only have to keep a control on the food items they eat but also have to go through the trouble of taking insulin regularly. However, the Juvenile Diabetes Research Foundation is in the process of creating an artificial pancreas, which will be able to monitor the sugar levels in the blood and adjust the insulin levels of the body accordingly.

Increased number of road accidents causing a need of Bionic body parts:

Road traffic accidents is the leading cause of death by injury and the tenth-leading cause of all deaths globally, which now make up a surprisingly significant portion of the worldwide burden of ill-health. An estimated 1.2 million people are killed in road crashes each year, and as many as 50 million are injured, occupying 30% to 70% orthopedic beds in hospitals in developing countries and if present trends continue, road traffic injuries are predicted to be the third-leading contributor to the global burden of disease and injury by 2020. This drastic increase in road accidents has resulted in broken and lost limbs. The bionic devices provide these people with a second chance at life and thus, the market is at steady growth.


Current bionic devices typically use metal electrodes to stimulate the nerve cells. While these electrodes have been sufficient for the past few decades and in devices which are implanted for only a few years, these metal electrodes are now becoming a limitation. As the miniaturization of electronics continues to allow us to reduce the size of implants and offer patients devices with more functionality, there is a need to create smaller, more densely packed electrodes. At these sub-micron sizes, metal electrodes cannot be safely used for multiple decades, as is now required by cochlear implant patients who receive devices as children. As a result there is significant interest in new electrode materials.

Over this time there have been developed a number of electrically conductive materials which can improve on the performance of conventional metallic electrodes. However, since these materials are still recognized by the human body as foreign, they still suffer from a process known as fibrous encapsulation, where the body produces scar-like cells which surround and wall off the implant. An optimal implant will form an intimate connection with the surrounding cells, without inciting growth of scar tissue.

Key segments covered:




  • Vision Bionics
  • Ear Bionics

(Cochlear Implant, Bone-anchored Hearing Aid)

  • Orthopedic Bionic

(Bionic Hand, Bionic Leg)

  • Cardiac Bionics

(Heart Valves, Ventricular-assisted Device, Pacemaker)


  • Tungsten
  • Silicon
  • Platinum-iridium
  • Stainless steel
  • Biologics

  End Users

  • Hospitals & clinics
  • Research & academic institutes
  • Others


  • North America
  • Europe
  • Asia-Pacific


Key benefits of the report:

  • This study presents the analytical depiction of the global Bionic devices industry along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global Bionic devices market share.
  • The current market is quantitatively analyzed from 2020 to 2027 to highlight the global Bionic devices market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
  • The report provides a detailed global Bionic devices market analysis based on competitive intensity and how the competition will take shape in coming years.

Questions answered in the Bionic devices Market research report:

  • What are the leading market players active in the Bionic devices market?
  • What the current trends will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities in the market?
  • What are the projections for the future that would help in taking further strategic steps?

Bionic Devices Market: Global Opportunity Analysis and Industry Forecast, 2020-2027 Report Highlights

Aspects Details
By Type
  • Vision Bionics
  • Ear Bionics
  • Orthopedic Bionic
  • Cardiac Bionics
By Material
  • Tungsten
  • Silicon
  • Platinum-iridium
  • Stainless steel
  • Biologics
By End User
  • Hospitals & clinics
  • Research & academic institutes
  • Others
By Region
  • North America  (U.S., Canada, Mexico)
  • Europe  (France, Germany, Italy, Spain, UK, Rest of Europe)
  • Asia-Pacific  (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific)
  • LAMEA  (Brazil, South Africa, Saudi Arabia, Rest of LAMEA)
Key Market Players Varjo Technologies,, Open Bionics,, AlterG,, AGTC,, Pixium Vision. ,, ReWalk Robotics.,, Festo,, Ekso Bionics,, Mobius Bionics,, Nano Retina,, Össur.

Loading Table Of Content...

With collective industry experience of about 200 years of its analysts and experts, Allied Market Research (AMR) encompasses most infallible research methodology for its market intelligence and industry analysis. We do not only engrave the deepest levels of markets but also sneak through its slimmest details for the purpose of our market estimates and forecasts. Our approach helps in building greater market consensus view for size, shape and industry trends within each industry segment. We carefully factor in industry trends and real developments for identifying key growth factors and future course of the market. Our research proceeds are the resultant of high quality data, expert views and analysis and high value independent opinions. Our research process is designed to deliver balanced view of the global markets and allow stakeholders to make informed decisions.

We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:

  • Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning
  • Technologically sophisticated and reliable insights through well audited and veracious research methodology
  • Sovereign research proceeds that present a tangible depiction of marketplace

With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.

Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry

  • Patent and regulatory databases for understanding of technical & legal developments
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic new articles, web-casts and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast

Primary research
Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:

  • Validates and improves the data quality and strengthens research proceeds
  • Further develops analyst team’s market understanding and expertise
  • Supplies authentic information about market size, share, growth and forecasts

Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:

  • Chief executives and VPs of leading corporations specific to industry
  • Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)

Analyst tools and models
AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.

Call or Email us

U.S.-Canada Toll-free: +1-800-792-5285
Int'l : +1-503-894-6022
Europe : + 44-845-528-1300
Email : help@alliedmarketresearch.com

Looking for Customization?

 Customization Request

Have a Question?

 Speak with Analyst

Any Confusion?

 Inquire Before Buying

Have a glance of the Report

  Enquiry Now









Purchase Full Report of
Bionic Devices Market

Start reading.
This Report and over 18,833+ more Reports, Available with Avenue Library. T&C*.

  • Online Only
  • $3,690
  • Online cloud access only
  • Restricted print, copy, paste & download
  • Read only
  • Free industry update
    (Within 180 days)
  • Free report update in next update cycle
  • Data Pack
  • $3,840
  • Restricted to one authorized user
  • One print only
  • Available in
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
  • Single User
  • $5,820
  • Restricted to one authorized user
  • One print only
  • Available in
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
  • Five Users
  • $6,540
  • Limited to five authorized users
  • Print upto five copies
  • Available in
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
  • Enterprise

  • $9,870
  • Unlimited
  • Available in Excel & PDF
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
  • Library

  • $ 999
    Per User/ Per month/ Billed annually
  • Published Content
  • Company Profiles
  • Newly Added Content Access
  • 10 PDF
  • 5 Excel Data
    Pack Downloads
  • 250 Company Profiles PDF Downloads
  • Buy Now

*Taxes/Fees, if applicable will be added during checkout. All prices in USD


Why Allied Market Research?


Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction


On-demand customization of scope of the report to exactly meet your needs


Targeted market view to provide pertinent information and save time of readers

Get fresh content delivered

Get insights on topics that are crucial for your business. Stay abreast of your interest areas.

Get Industry Data Alerts

Why Allied Market Research?

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction


On-demand customization of scope of the report to exactly meet your needs


Targeted market view to provide pertinent information and save time of readers