Human Augmentation Market is projected to witness a compound annual growth rate of 35.69% to reach a total market size of US$2.546 billion by 2022, from US$0.544 billion in 2017. Human Augmentation refers to implants and other technologies that supplement human strength and durability. The major growth drivers of this market are increasing demand for perfection in the healthcare industry, growing awareness about therapeutic applications of medical wearable products and upsurge in demand for safe and strong defense and advancements in sensors. Stringent regulations, the high cost of equipment and lack of skilled personnel are the major limiting factors to the market growth.
Firstly, the report provides a brief introduction of the market and deals with detailed research methodology for calculating market size and forecasts, secondary data sources used and the primary inputs which were taken for data validation. This section also outlines various segmentation which has been covered as part of the report.
Next, the section provides comprehensive market dynamics through an overview section along with growth drivers, challenges, and opportunities which exist in the current market. This section of the report also provides supplier and industry outlook as a whole; key industry, global and regional regulations which are determining the market growth and a brief technological aspect of human augmentation solutions. Complete industry analysis has also been covered by Porter’s five forces model as a part of this report section.
Thirdly, Human Augmentation Market has been segmented on the basis of product, end user and geography. Under products, eye-wear, wrist-wear, neck-wear, foot-wear, body-wear among others have been covered. By end user industry this market has been segmented into healthcare, manufacturing, aerospace and defense among others. Important regions for vendors in terms of market size is covered through detailed geographical segmentation of Americas, Europe Middle East and Africa, and Asia Pacific.
Finally, competitive intelligence section deals with major players in the market, their market shares, growth strategies, products, financials, and recent investments among others. Key industry players profiled as part of this section are Vuzix Corporation, Samsung Electronics, Raytheon Company, Google Inc., Braingate Company along with others.