About Human Augmentation
Human augmentation is a field of research that addresses methods, technologies and their applications for enhancing sensing, action and/or cognitive abilities of a human. It helps to empower or enhance human productivity and improve or restore the capabilities of the human body or mind. It has numerous applications such as devices and implants that contribute to advanced sensory capabilities, such as glasses for viewing augmented visual content, next-generation cochlear implants for auditory sensing and processing, limb prostheses or devices that enhance muscle functioning and capabilities with minimal invasiveness, and neurological stimulation techniques to improve learning or cognition.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
High Growth Market | Asia Pacific |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Human Augmentation market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Vuzix (United States), Samsung Electronics Co. Ltd (South Korea), Second Sight Medical Products Inc. (United States), Rewalk Robotics Ltd (United States), Raytheon Company (United States), Magic Leap Inc., Google LLC (United States), Ekso Bionics Holdings Inc. (United States), Braingate Company and B-Temia Inc. (Canada) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Human Augmentation market by Type (Wearable Augmentation Products (Eye-Wear, Wrist-Wear, Neck-Wear, Body-Wear and Others) and In-Built Augmentation Products), Application (Healthcare, Manufacturing, Aerospace and Defense) and Region.
On the basis of geography, the market of Human Augmentation has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2023. If we see Market by Functionality, the sub-segment i.e. Body Worn will boost the Human Augmentation market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
High Demand for Innovative Products
Market Growth Drivers:
Increased Adoption and Popularity of Enhanced Gadgets and Increasing Demand for Perfection in the Healthcare Industry
Challenges:
Stringent Rules and Regulations of Government for Product Approvals
Restraints:
Lack Of Skilled IT Professionals and High Cost of Equipment
Opportunities:
Growing Demand for Therapeutic Applications and Technological Advancements in the Sensor Technology
Market Leaders and their expansionary development strategies
In October 2022, KYOCERA Introduces New Human Augmentation Technology Prototypes in Japan with Advanced AI to Enhance Human Abilities. Company introduces first 3 Human Augmentation solutions: Walk Sensing and Coaching, Physical Avatar, and Auditory Augmentation Devices
In January 2019, Vuzix Corporation, a leading supplier of Smart Glasses and Augmented Reality (AR) technology and products, has announced the launch of Vuzix Blade AR Smart Glasses. These glasses are the first and only fashion-forward full color, see-through smart glasses available on the market today for consumers that support app developers and applications running directly on the glasses.
Key Target Audience
Human Augmentation Products Providers, Research Professionals, Emerging Companies, Government Body & Associations and End-user
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.