Medical Bionics Demand Driven by Sharp Surge in Geriatric Population
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Posté le:
Mar-11-2022
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Word Count article:
383
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The expanding pool of geriatric people and associated organ failure will help the medical bionics market grow in the coming years. People in the age group of 65 and above will number 1.5 billion in 2050 compared to 727 million in 2020, says the UN.
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Bionics are highly advanced pieces of technology capable of integrating with different parts of the human body. Hence, the medical field, combined with these enhanced technologies, can do wonders. Due to falling from motorcycles, public transport mishaps including train crashes, and violence, people often need to undergo traumatic amputations. There are only a few cases where the re-attachment of the detached body part is possible. In many cases, a prosthetic implant of that specific body part is attached, to offer people the maximum use of the original body part.
Not just these, but various healthcare providers and organizations, such as rehabilitation centers and amputee support groups, are trying to raise awareness on such issues. In December 2016, the American Cochlear Implant (ACI) partnered with the Hearing Loss Association of America (HLAA) to spread awareness about enhanced cochlear implants. These efforts are propelling the demand for an array of bionic organs and body parts, in turn, encouraging their manufacturers to invest in more-advanced variants.
Bionics are available for the brain and spinal cord, heart, bones and muscles, eyes, ears, and other organs, such as the pancreas, lungs, and kidneys. Out of these, orthopedic bionics will dominate the medical bionics market in the coming years, primarily due to the increasing number of upper and lower limb amputations. As per a research study, for every 1,000 people, 3.8 undergo limb amputations, while 0.02% undergo hand amputations due to trauma. However, the biggest cause of limb amputations, at least in the U.S., is vascular diseases, such as peripheral artery disease and diabetes.
In the preceding years, North America held the largest market share due to the high expenditure on the healthcare sector, growing aging population, increasing number of hand and limb amputations, and economic growth. Furthermore, the APAC region is expected to showcase the fastest growth in the medical bionics market in the coming years. It is ascribed to the expanding pool of diabetic patients in the region, along with the growing geriatric population, surging chronic disease prevalence, and growing healthcare expenditure.
Therefore, the surging number of accidents and injuries leading to amputations and rising awareness about different implants are propelling the demand for medical bionics.
Access Detailed Report - Medical Bionics Market Regional Outlook @ https://psmarketresearch.com/market-analysis/medical-bionics-market
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Source de l'article :
http://fr.articleseen.com/Article_Medical Bionics Demand Driven by Sharp Surge in Geriatric Population_1114.aspx
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auteur ressource :
Pramod has around 7 years of experience in market research and consulting services for healthcare industry. He holds varied experience in market sizing and forecasting with varied models, competition landscape, consumer behavior analysis, opportunity analysis, product/company benchmarking, data mining and others.
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Mots-clés :
https://www.psmarketresearch.com/market-analysis/medical-bionics-market ,
Catégorie :
D'affaires
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Accueil Business
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