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Growing Prevalence of Neurological Diseases Driving Human Enhancement Market

From $64.8 billion in 2019, the human enhancement market revenue is predicted to surge to $271.6 billion by 2030. According to the estimates of the market research company, P&S Intelligence, the market will demonstrate a CAGR of 14.7% during 2020–2030 (forecast period). The rising prevalence of neurological diseases and growing adoption of exoskeletons at rehabilitation centers are some of the major factors fueling the progress of the market across the globe.

In recent years, the use of robotic exoskeletons in gait therapy has increased considerably, where they are used for assisting physically disabled people in sitting, walking, standing, and performing several other motor functions. Basically, these systems monitor patients’ movements with the help of sensors and assist them in regaining their physical strength. 


For instance, University Hospitals (UH) in the U.S. heavily use exoskeletons manufactured by Ekso Bionics Holdings Inc. to help people suffering from Parkinson’s disease, multiple sclerosis, and several other brain and spine injuries. Besides, the ballooning utilization of bionic lenses by the visually impaired and blind, owing to the ability of these devices to improve vision, is also creating lucrative growth opportunities for the players operating in the human enhancement market. 

Owing to the huge potential of these devices, several organizations are actively focusing on producing them. Depending on the technology, the market is divided into exoskeletons, medical devices, implants, and smart devices. Out of these, the implants category held the largest share in the market in the past, on account of their extensive use for medical purposes and soaring geriatric population all over the world.

This market research report provides a comprehensive overview of the market
  • The Future potential of the market through its forecast for the period 2020– 2030
  • Major factors driving the market and their impact during the short, medium, and long terms
  • Market restraints and their impact during the short, medium, and long terms
  • Recent trends and evolving opportunities for the market participants
  • Historical and the present size of the market segments and understand their comparative future potential
  • Potential of on-demand logistics services, so the market players make informed decisions on the sales of their offerings

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