Human Enhancement Market Research Report: By Technology (Exoskeletons, Smart Devices, Medical Devices, Implants), Applic

1. Human Treatment Enhancement Technology Transforming Disease Management and One of the major technological breakthroughs of the 21​stcentury is the development of human enhancement technologies. Human enhancement is defined as the artificial or technological modification of the human body for enhancing its mental or physical capabilities. One of the biggest factors responsible for the soaring popularity of human enhancement solutions is the burgeoning usage of exoskeletons in various rehabilitation centers across the world. For example, exoskeleton systems are widely used in gait therapy as they allow physically disabled persons to stand, sit, walk, and perform several other motor functions. Get https://www.psmarketresearch.com/market-analysis/human-enhancement-market/repo rt-sample the Sample Copy of this Report at: The other major factor fueling the usage of exoskeleton systems in rehabilitation centers is their ability to monitor the movement of people with the help of sensors. Additionally, these systems assist people in gaining strength and are thus, extensively used in rehabilitation centers. For example, University Hospitals (UH), one of the best hospitals in the U.S., uses the exoskeletons developed by Ekso Bionics Holdings Inc., a leading exoskeleton solutions developing company, for helping the people suffering from multiple sclerosis (MS), Parkinson’s disease, and various other spine and brain diseases.

2. Another important factor responsible for the surging adoption of human enhancement solutions and systems is the increasing incidence of neurological disorders throughout the world. Due to these factors, the value of the global human enhancement market is predicted to grow from $64.8 billion to $271.6 billion from 2019 to 2030. Furthermore, the market will advance at a CAGR of 14.7% from 2020 to 2030, as per the predictions of P&S Intelligence, a market research company based in India. Smart devices, implants, medical devices, and exoskeletons are major types of human enhancement devices used across the world. Amongst these, the utilization of smart devices is predicted to increase at the fastest rate in the future years, mainly due to the growing popularity of various consumer electronics products throughout the world. According to many reports, over 100.0 million units of such products were sold all over the world in 2018. Additionally, the rising smartphone penetration, rapid technological advancements, increasing adoption of cloud computing, and the miniaturization of system hardware will boost the sales of smart devices in the coming years. Make https://www.psmarketresearch.com/send-enquiry?enquiry-url=human-enhancement-m arket Enquiry Before Purchase @ The major application areas of human enhancement solutions are the healthcare, defense, and industrial sectors. Out of these, the adoption of these solutions was the highest in the healthcare sector in the past and this trend will also continue in the future, on account of

3. the increasing popularity of various wearable medical devices and the rising healthcare expenditure in several countries around the world. As per the Organisation for Economic Co-operation and Development (OECD), “8.8% of the worldwide gross domestic product (GDP) was spent on the sector in 2018, and by 2030, this percentage would rise to 10.2%”. Hence, it can be concluded from the above paragraphs that the sales of human enhancement systems will shoot-up all over the world in the forthcoming years, primarily due to the growing usage of these devices in the healthcare sector and the ballooning popularity of wearable devices across the world.