Transforming Healthcare Industry through Bionics Devices
Published on : Thursday 23-07-2020
Companies and the community are focusing on bionics devices and leading the charge in technology businesses that will bring big changes in how we cure and heal the injured and sick. These breakthroughs aren't allowed for agents. Unbelievable real-world research and innovation are blending technologies and humans to overcome illness and constraints just like never before.
A related idea, 'biometrics' was coined by Schmitt (1969) from the name of his newspaper described as, the study of the evolution, structure or function of generated substances and substances such as silk or enzymes and biological mechanisms and processes (such as protein synthesis or photosynthesis) in particular to synthesize similar products via artificial mechanisms, that mimic natural processes.
Methods and priorities have arisen from those concepts, overlapping each other.
Bionics and Healthcare Industry
Bionic Technology is a technological platform to make intelligent devices that behave as human limbs. It was only in 2009 when the Defense Advanced Research Projects Agency's (DARPA) Revolutionizing Prosthetics application has been developing complex upper - limb prosthetics, chiefly for veterans who lost arms and engine function during military service. The usage of artificial limbs, wooden legs, metal arms hinges - those replacements that are crude gave the wearer back some semblance of function or motion.
However, with time, scientists are working to make alternatives that are lighter, smaller, better regulated, which could last longer and may be used easily. The best thing about the new generation of limbs is that their marriage with bionic technology and they could infuse the fields of study as nanotechnology, biotechnology, hydraulics, computing, medicine, electronics, and prosthetics.
Global Industry of Bionics
Some of the leading brands of bionics technology are as follows
Name of the Country | Name of the Brand |
---|---|
Algeria | INDEXA |
Egypt | Sigma Import and Export |
Bangladesh | Abid Hearing Instrument |
Indonesia | Nobel Audiology Center |
Singapore | The Hearing Solutions Group |
Serbia | MM Medical Solutions |
Portugal | Lusitania Solucoes, Lda |
Azerbaijan | Arash Medical Company |
Industrial Facts
- The bionics devices market is expected to register a CAGR of 8.1%, over the forecast period of 2020-2025.
- Factors that are responsible for the growth of the market include increased incidence of disabilities and organ failures, technological advancements, and a high incidence of road accidents leading to amputations. Another primary factor is the scarcity of donor organs.