Human Enhancement Market 2027: Trends, Share, Size, Growth, Opportunity and Forecast

 According to the latest report by IMARC Group, titled “Human Enhancement Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027.' the global human enhancement market size reached US$ 84.6 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 190.2 Billion by 2027, exhibiting a growth rate (CAGR) of 14.4% during 2022-2027.

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Human enhancement (HE) represents a process of positively augmenting the physical and mental attributes of an individual by utilizing natural, artificial, or technological modifications. It comprises reproductive, physiological, and cognitive enhancements as standard improvements. These augmentations are employed with the support of diverse drugs, hormones, implants, genetic engineering, dietary supplements, and cosmetic surgeries. HE assists in increasing reasoning and memory power, alleviating performance, and improving human health and bodily capabilities by making them more versatile, functional, and productive. Apart from this, HE ensures individual well-being and enhances body integrity and competence levels; thus, is used to treat brain-related conditions and improve the human form.

Market Trends:

The rising prevalence of several neurological diseases and the increasing need for effective wearable augmentation devices to restore various physical and psychological attributes are primarily driving the market growth. Additionally, the growing uptake of exoskeletons in rehabilitation centers, nanotechnology, information technology (IT), and cognitive science for diagnosing and treating various diseases is favoring the market growth. Moreover, the growing proliferation of wearable technology with cloud computing solutions to track fitness metrics and the ongoing development of artificial intelligence (AI)-powered applications are propelling the market growth. Furthermore, the extensive usage of bionic lenses for visually impaired individuals and the utilization of HE in the aerospace and defense sector are impelling the market growth. Such solutions are utilized for tracking, gesture control and managing in-flight entertainment and connectivity systems (IFEC). Besides this, the emergence of genetic engineering, neuronal implants, brain-computer interfaces, and three-dimensional (3D) bioprinting is supporting the market growth.

Human Enhancement Market 2022-2027 Competitive Analysis and Segmentation:

Competitive Landscape With Key Players:

The competitive landscape of the global human enhancement market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these key players include:

  • BrainGate
  • B-Temia Inc
  • Ekso Bionics
  • Google LLC
  • Magic Leap Inc
  • Raytheon Technologies Corporation
  • ReWalk Robotics Ltd
  • Samsung Electronics Co. Ltd.
  • Second Sight Medical Products Inc.
  • Vuzix Corporation.

Key Market Segmentation:

Breakup by Product:

  • Exoskeleton
  • Smart Devices
  • Medical Devices
  • Implants
  • Others

Breakup by Device Type:

  • Body Worn
  • Non-Body Worn

Breakup by End User:

  • Healthcare
  • Defense
  • Information Technology
  • Others

Breakup by Region:

  • North America (United States, Canada)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Others)
  • Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Others)

Ask Analyst for Customization and Explore full Report with TOC & List of Figures: https://www.imarcgroup.com/request?type=report&id=4614&flag=E

Key Highlights of the Report:                                                           

  • Market Performance (2016-2021)
  • Market Outlook (2022-2027)
  • Market Trends
  • Market Drivers and Success Factors
  • Impact of COVID-19
  • Value Chain Analysis
  • Comprehensive mapping of the competitive landscape

Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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IMARC Group
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