Medical Bionics Market Trends and Future Prospects Details for Business Develo
The increasing number of injuries and accidents leading to amputations, surging organ transplants, and rising pool of aging people who often face organ failures are some of the prime reasons behind the growth of the global medical bionics market.
By: P&S Intelligence
Based on product, the medical bionics market (http://bit.ly/
Request to Get the Sample Pages at: https://www.psmarketresearch.com/
Surging life-threatening health issues and increasing volume of organ transplants are boosting the adoption of medical bionics. For instance, as per the United States Department of Health and Human Services, in 2017, 114,979 persons were in the queue for organ transplants in the country, and the total number of donors as of January 2018 stood at 16,467. To meet the rising organ transplant demand, medical bionics are being adopted, resulting in significant medical bionics market progress.
Another driver for the medical bionics market is the geriatric population, which is more likely to suffer from diseases that often lead to organ failure, including heart problems, peripheral vascular disease, diabetes-related gangrene, osteoarthritis, and kidney problems. Over 75.0% of the total amputations occur due to vascular and peripheral diseases; around 65.0% amputations are happen in people above 50 years of age. As per the United Nations Department of Economic and Social Affairs report on aging populace, the population aged 60 or above would rise by 56.0% between 2015 and 2030.
Thus, with the increasing incidents of rising road accidents and surging aging population, the demand for medical bionics is growing, thereby accelerating the progress of the market.
Read More…. (http://bit.ly/