The global human augmentation market size is expected to reach USD 737.9 Billion in 2030 and register a steady revenue CAGR of 21.0% during the forecast period, according to latest analysis by Emergen Research. High demand for wearable augmentation devices in the healthcare sector is a major factor driving market revenue growth. Wearable devices popularity and expansion have been aided by a number of key technologies and tools. For example, artificial intelligence breakthroughs, have increased development in wearable apps. Use of wearable devices has increased even more with telemedicine apps becoming more prominent in current environment. Hence, patients can access all of their medical information, such as heart rate, blood pressure, total steps walked, and others, through wearable devices. Some of the more powerful wearable devices can even remind users of upcoming medications and examinations. These devices have also benefited from widespread usage of smartphones and healthcare apps. Patients can now exchange their health records and reports with doctors using healthcare mobile apps in a simple manner. Many linked healthcare and wearable devices are using Internet of Things (IoT) and data analysis to forecast a patient's life expectancy as well. In addition, expansion of wearable devices in the healthcare industry has been aided by all of the industry's robust technology.
The report, additionally, offers a comprehensive SWOT analysis and Porter’s Five Forces analysis to offer a better understanding of the competitive landscape of the industry. It also covers strategies adopted by prominent players such as mergers and acquisitions, collaborations, joint ventures, product launches, and brand promotions, among others. The report aims to offer the readers a holistic understanding of the relevant features of the industry. The research study also provides a complete analysis of the market drivers, restraints, limitations, threats, risks, and growth opportunities.
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Key Players operating in the industry are:
Samsung, Google LLC., Ekso Bionics, Vuzix, Garmin Ltd., Fossil Group, B-Temia, Casio Computer Co., Ltd., Magic Leap, Inc., and Rewalk Robotics, Inc.
Radical Features of the Human Augmentation Market Report:
- The report encompasses Human Augmentation market overview along with market share, demand and supply ratio, production and consumption patterns, supply chain analysis, and other ley elements
- An in-depth analysis of the different approaches and procedures undertaken by the key players to conduct business efficiently
- Offers insights into production and manufacturing value, products and services offered in the market, and fruitful information about investment strategies
- Supply chain analysis along with technological advancements offered in the report
- The report covers extensive analysis of the trends, drivers, restraints, limitations, threats, and growth opportunities in the Human Augmentation industry
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Segmentation:
-
Product Type Outlook (Revenue, USD Billion; 2019–2030)
- Wearable Devices
- Virtual Reality Devices
- Augmented Reality Devices
- Exoskeletons
- Intelligent Virtual Assistants
-
Functionality Outlook (Revenue, USD Billion; 2019–2030)
- Body-Worn Products
- Non-Body-Worn Products
-
Application Outlook (Revenue, USD Billion; 2019–2030)
- Consumer
- Commercial
- Medical
- Aerospace & Defense
- Industrial
- Others
Regional Analysis Covers:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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