Human Augmentation Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2031 - By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa)

Description

The global human augmentation market is on the brink of a significant transformation, with a projected valuation of US$ 1,000 billion by the end of 2031, marking a substantial increase from US$ 220 billion in 2024. This remarkable growth is expected to be driven by a notable CAGR of 24% over the forecast period, propelled by increasing demand for wearable augmentation products and frequent product launches by market players.

Rising Demand for Wearable Augmentation Products:

One of the key factors driving the growth of the global human augmentation market is the surging demand for wearable augmentation products worldwide. Additionally, growing awareness regarding the therapeutic applications of various medical wearables is poised to play a pivotal role in boosting market growth. Technological advancements in sensor technologies are anticipated to further enhance the adoption of solutions from the industry, creating new avenues for expansion.

Frequent Product Launches by Market Players:

Companies operating in the global market are employing diverse strategies to unlock novel growth opportunities. Notably, an increasing number of mergers and acquisitions among healthcare IT firms are expected to ensure efficient services to consumers, driving demand in the market. Additionally, rapid product launches are aimed at providing satisfactory outcomes to targeted consumers and fostering new growth prospects in the market.

Challenges in the Market:

However, the market faces certain challenges, including a shortage of skilled IT professionals capable of operating augmentation devices. The high cost associated with purchasing equipment is also anticipated to limit growth opportunities in the human augmentation market. Stringent regulations governing the approval of augmentation devices, along with legal and social concerns, may further inhibit market growth.

North America Dominates Revenue Generation:

Among the six regional areas where the human augmentation market operates, North America is set to dominate in the coming years. The region is witnessing a significant rise in the demand for augmentation products, coupled with an improved regional economy and technological advancements in medical wearable products. The United States, in particular, is expected to hold the largest share in the regional market, followed by Canada. Key European nations such as the U.K., France, and Germany are also poised to stimulate demand in the regional market.

About the Human Augmentation Market:

Human augmentation, often referred to as Human 2.0, encompasses technologies aimed at enhancing various aspects of the human body. These advancements, driven by IT innovation, include a wide range of implants and technologies used for physical improvement. Genetically engineered human technologies also contribute to the treatment of various diseases and disabilities.

Market Segmentation:

The global human augmentation market is segmented based on product types and applications. Product categories include wearable augmentation products and in-built augmentation products, with wearable augmentation products holding the largest market share. These wearables encompass eye-wear, wrist-wear, neck-wear, foot-wear, body-wear, and other devices, with eye-wear and wrist-wear sub-segments leading the market. Applications span the healthcare, industrial, and defense sectors.

Key Market Players:

Major companies contributing to the growth of the human augmentation market include:

Second Sight Medical Products, Inc.
B-Temia Inc.
Vuzix Corporation
Braingate Company
Samsung Electronics Co. Ltd.
Ekso Bionics Holdings, Inc.
Rewalk Robotics Ltd.
Google Inc.
Raytheon Company
Magic Leap, Inc.

Human Augmentation Industry Research by Category

By Product Type:

Wearable Augmentation Products
In-built Augmentation Products

By Functionality:

Body-worn
Non-body-worn

By Application:

Healthcare
Defense
Industrial

By Region:

North America
Europe
Latin America
East Asia
The Middle East & Africa
South Asia & Pacific

1. Executive Summary

1.1. Global Human Augmentation Market Snapshot
1.2. Future Projections
1.3. Key Market Trends
1.4. Regional Snapshot, by Value and Volume, 2023
1.5. Analyst Recommendations

2. Market Overview

2.1. Market Definitions and Segmentations
2.2. Market Dynamics
- 2.2.1. Drivers
- 2.2.2. Restraints
- 2.2.3. Market Opportunities
2.3. Value Chain Analysis
2.4. Porter's Five Forces Analysis
2.5. COVID-19 Impact Analysis
- 2.5.1. Supply
- 2.5.2. Demand
2.6. Impact of Ukraine-Russia Conflict
2.7. Economic Overview
- 2.7.1. World Economic Projections
2.8. PESTLE Analysis

3. Production Output and Trade Statistics, 2018 - 2023

3.1. Global Human Augmentation Production Output, by Region, Value (US$ Bn) and Volume (Million Units), 2018 - 2023
- 3.1.1. North America
- 3.1.2. Europe
- 3.1.3. Asia Pacific
- 3.1.4. Latin America
- 3.1.5. Middle East and Africa

4. Price Analysis, 2018 - 2023

4.1. Global Average Price Analysis, by Product Type, US$ Per Unit, 2018 - 2023
4.2. Prominent Factor Affecting Human Augmentation Prices
4.3. Global Average Price Analysis, by Region, US$ Per Unit

5. Global Human Augmentation Market Outlook, 2018 - 2031

5.1. Global Human Augmentation Market Outlook, by Product Type, Value (US$ Bn) and Volume (Units), 2018 - 2031
- 5.1.1. Key Highlights
  - 5.1.1.1. Wearable Augmentation Products
  - 5.1.1.2. In-built Augmentation Products
5.2. Global Human Augmentation Market Outlook, by Functionality, Value (US$ Bn) and Volume (Units), 2018 - 2031
- 5.2.1. Key Highlights
  - 5.2.1.1. Body-worn
  - 5.2.1.2. Non-body-worn
5.3. Global Human Augmentation Market Outlook, by Application, Value (US$ Bn) and Volume (Units), 2018 - 2031
- 5.3.1. Key Highlights
  - 5.3.1.1. Healthcare
  - 5.3.1.2. Defense
  - 5.3.1.3. Industrial
5.4. Global Human Augmentation Market Outlook, by Region, Value (US$ Bn) and Volume (Units), 2018 - 2031
- 5.4.1. Key Highlights
  - 5.4.1.1. North America
  - 5.4.1.2. Europe
  - 5.4.1.3. Asia Pacific
  - 5.4.1.4. Latin America
  - 5.4.1.5. Middle East & Africa

6. North America Human Augmentation Market Outlook, 2018 - 2031

6.1. North America Human Augmentation Market Outlook, by Product Type, Value (US$ Bn) and Volume (Units), 2018 - 2031
- 6.1.1. Key Highlights
  - 6.1.1.1. Wearable Augmentation Products
  - 6.1.1.2. In-built Augmentation Products
6.2. North America Human Augmentation Market Outlook, by Functionality, Value (US$ Bn) and Volume (Units), 2018 - 2031
- 6.2.1. Key Highlights
  - 6.2.1.1. Body-worn
  - 6.2.1.2. Non-body-worn
6.3. North America Human Augmentation Market Outlook, by Application, Value (US$ Bn) and Volume (Units), 2018 - 2031
- 6.3.1. Key Highlights
  - 6.3.1.1. Healthcare
  - 6.3.1.2. Defense
  - 6.3.1.3. Industrial
- 6.3.2. BPS Analysis/Market Attractiveness Analysis
6.4. North America Human Augmentation Market Outlook, by Country, Value (US$ Bn) and Volume (Units), 2018 - 2031
- 6.4.1. Key Highlights
  - 6.4.1.1. U.S. Human Augmentation Market by Product Type, Value (US$ Bn) and Volume (Units), 2018 - 2031
  - 6.4.1.2. U.S. Human Augmentation Market by Functionality, Value (US$ Bn) and Volume (Units), 2018 - 2031
  - 6.4.1.3. U.S. Human Augmentation Market by Application, Value (US$ Bn) and Volume (Units), 2018 - 2031
  - 6.4.1.4. Canada Human Augmentation Market by Product Type, Value (US$ Bn) and Volume (Units), 2018 - 2031
  - 6.4.1.5. Canada Human Augmentation Market by Functionality, Value (US$ Bn) and Volume (Units), 2018 - 2031
  - 6.4.1.6. Canada Human Augmentation Market by Application, Value (US$ Bn) and Volume (Units), 2018 - 2031
- 6.4.2. BPS Analysis/Market Attractiveness Analysis

7. Europe Human Augmentation Market Outlook, 2018 - 2031

7.1. Europe Human Augmentation Market Outlook, by Product Type, Value (US$ Bn) and Volume (Units), 2018 - 2031
- 7.1.1. Key Highlights
  - 7.1.1.1. Wearable Augmentation Products
  - 7.1.1.2. In-built Augmentation Products
7.2. Europe Human Augmentation Market Outlook, by Functionality, Value (US$ Bn) and Volume (Units), 2018 - 2031
- 7.2.1. Key Highlights
  - 7.2.1.1. Body-worn
  - 7.2.1.2. Non-body-worn
7.3. Europe Human Augmentation Market Outlook, by Application, Value (US$ Bn) and Volume (Units), 2018 - 2031
- 7.3.1. Key Highlights
  - 7.3.1.1. Healthcare
  - 7.3.1.2. Defense
  - 7.3.1.3. Industrial
- 7.3.2. BPS Analysis/Market Attractiveness Analysis
7.4. Europe Human Augmentation Market Outlook, by Country, Value (US$ Bn) and Volume (Units), 2018 - 2031
- 7.4.1. Key Highlights
  - 7.4.1.1. Germany Human Augmentation Market by Product Type, Value (US$ Bn) and Volume (Units), 2018 - 2031
  - 7.4.1.2. Germany Human Augmentation Market by Functionality, Value (US$ Bn) and Volume (Units), 2018 - 2031
  - 7.4.1.3. Germany Human Augmentation Market by Application, Value (US$ Bn) and Volume (Units), 2018 - 2031
  - 7.4.1.4. U.K. Human Augmentation Market by Product Type, Value (US$ Bn) and Volume (Units), 2018 - 2031
  - 7.4.1.5. U.K. Human Augmentation Market by Functionality, Value (US$ Bn) and Volume (Units), 2018 - 2031
  - 7.4.1.6. U.K. Human Augmentation Market by Application, Value (US$ Bn) and Volume (Units), 2018 - 2031
  - 7.4.1.7. France Human Augmentation Market by Product Type, Value (US$ Bn) and Volume (Units), 2018 - 2031
  - 7.4.1.8. France Human Augmentation Market by Functionality, Value (US$ Bn) and Volume (Units), 2018 - 2031
  - 7.4.1.9. France Human Augmentation Market by Application, Value (US$ Bn) and Volume (Units), 2018 - 2031
  - 7.4.1.10. Italy Human Augmentation Market by Product Type, Value (US$ Bn) and Volume (Units), 2018 - 2031
  - 7.4.1.11. Italy Human Augmentation Market by Functionality, Value (US$ Bn) and Volume (Units), 2018 - 2031
  - 7.4.1.12. Italy Human Augmentation Market by Application, Value (US$ Bn) and Volume (Units), 2018 - 2031
  - 7.4.1.13. Turkey Human Augmentation Market by Product Type, Value (US$ Bn) and Volume (Units), 2018 - 2031
  - 7.4.1.14. Turkey Human Augmentation Market by Functionality, Value (US$ Bn) and Volume (Units), 2018 - 2031
  - 7.4.1.15. Turkey Human Augmentation Market by Application, Value (US$ Bn) and Volume (Units), 2018 - 2031
  - 7.4.1.16. Russia Human Augmentation Market by Product Type, Value (US$ Bn) and Volume (Units), 2018 - 2031
  - 7.4.1.17. Russia Human Augmentation Market by Functionality, Value (US$ Bn) and Volume (Units), 2018 - 2031
  - 7.4.1.18. Russia Human Augmentation Market by Application, Value (US$ Bn) and Volume (Units), 2018 - 2031
  - 7.4.1.19. Rest of Europe Human Augmentation Market by Product Type, Value (US$ Bn) and Volume (Units), 2018 - 2031
  - 7.4.1.20. Rest of Europe Human Augmentation Market by Functionality, Value (US$ Bn) and Volume (Units), 2018 - 2031
  - 7.4.1.21. Rest of Europe Human Augmentation Market by Application, Value (US$ Bn) and Volume (Units), 2018 - 2031
- 7.4.2. BPS Analysis/Market Attractiveness Analysis

8. Asia Pacific Human Augmentation Market Outlook, 2018 - 2031

8.1. Asia Pacific Human Augmentation Market Outlook, by Product Type, Value (US$ Bn) and Volume (Units), 2018 - 2031
- 8.1.1. Key Highlights
  - 8.1.1.1. Wearable Augmentation Products
  - 8.1.1.2. In-built Augmentation Products
8.2. Asia Pacific Human Augmentation Market Outlook, by Functionality, Value (US$ Bn) and Volume (Units), 2018 - 2031
- 8.2.1. Key Highlights
  - 8.2.1.1. Body-worn
  - 8.2.1.2. Non-body-worn
8.3. Asia Pacific Human Augmentation Market Outlook, by Application, Value (US$ Bn) and Volume (Units), 2018 - 2031
- 8.3.1. Key Highlights
  - 8.3.1.1. Healthcare
  - 8.3.1.2. Defense
  - 8.3.1.3. Industrial
- 8.3.2. BPS Analysis/Market Attractiveness Analysis
8.4. Asia Pacific Human Augmentation Market Outlook, by Country, Value (US$ Bn) and Volume (Units), 2018 - 2031
- 8.4.1. Key Highlights
  - 8.4.1.1. China Human Augmentation Market by Product Type, Value (US$ Bn) and Volume (Units), 2018 - 2031
  - 8.4.1.2. China Human Augmentation Market by Functionality, Value (US$ Bn) and Volume (Units), 2018 - 2031
  - 8.4.1.3. China Human Augmentation Market by Application, Value (US$ Bn) and Volume (Units), 2018 - 2031
  - 8.4.1.4. Japan Human Augmentation Market by Product Type, Value (US$ Bn) and Volume (Units), 2018 - 2031
  - 8.4.1.5. Japan Human Augmentation Market by Functionality, Value (US$ Bn) and Volume (Units), 2018 - 2031
  - 8.4.1.6. Japan Human Augmentation Market by Application, Value (US$ Bn) and Volume (Units), 2018 - 2031
  - 8.4.1.7. South Korea Human Augmentation Market by Product Type, Value (US$ Bn) and Volume (Units), 2018 - 2031
  - 8.4.1.8. South Korea Human Augmentation Market by Functionality, Value (US$ Bn) and Volume (Units), 2018 - 2031
  - 8.4.1.9. South Korea Human Augmentation Market by Application, Value (US$ Bn) and Volume (Units), 2018 - 2031
  - 8.4.1.10. India Human Augmentation Market by Product Type, Value (US$ Bn) and Volume (Units), 2018 - 2031
  - 8.4.1.11. India Human Augmentation Market by Functionality, Value (US$ Bn) and Volume (Units), 2018 - 2031
  - 8.4.1.12. India Human Augmentation Market by Application, Value (US$ Bn) and Volume (Units), 2018 - 2031
  - 8.4.1.13. Southeast Asia Human Augmentation Market by Product Type, Value (US$ Bn) and Volume (Units), 2018 - 2031
  - 8.4.1.14. Southeast Asia Human Augmentation Market by Functionality, Value (US$ Bn) and Volume (Units), 2018 - 2031
  - 8.4.1.15. Southeast Asia Human Augmentation Market by Application, Value (US$ Bn) and Volume (Units), 2018 - 2031
  - 8.4.1.16. Rest of Asia Pacific Human Augmentation Market by Product Type, Value (US$ Bn) and Volume (Units), 2018 - 2031
  - 8.4.1.17. Rest of Asia Pacific Human Augmentation Market by Functionality, Value (US$ Bn) and Volume (Units), 2018 - 2031
  - 8.4.1.18. Rest of Asia Pacific Human Augmentation Market by Application, Value (US$ Bn) and Volume (Units), 2018 - 2031
- 8.4.2. BPS Analysis/Market Attractiveness Analysis

9. Latin America Human Augmentation Market Outlook, 2018 - 2031

9.1. Latin America Human Augmentation Market Outlook, by Product Type, Value (US$ Bn) and Volume (Units), 2018 - 2031
- 9.1.1. Key Highlights
  - 9.1.1.1. Wearable Augmentation Products
  - 9.1.1.2. In-built Augmentation Products
9.2. Latin America Human Augmentation Market Outlook, by Functionality, Value (US$ Bn) and Volume (Units), 2018 - 2031
- 9.2.1. Key Highlights
  - 9.2.1.1. Body-worn
  - 9.2.1.2. Non-body-worn
9.3. Latin America Human Augmentation Market Outlook, by Application, Value (US$ Bn) and Volume (Units), 2018 - 2031
- 9.3.1. Key Highlights
  - 9.3.1.1. Healthcare
  - 9.3.1.2. Defense
  - 9.3.1.3. Industrial
- 9.3.2. BPS Analysis/Market Attractiveness Analysis
9.4. Latin America Human Augmentation Market Outlook, by Country, Value (US$ Bn) and Volume (Units), 2018 - 2031
- 9.4.1. Key Highlights
  - 9.4.1.1. Brazil Human Augmentation Market by Product Type, Value (US$ Bn) and Volume (Units), 2018 - 2031
  - 9.4.1.2. Brazil Human Augmentation Market by Functionality, Value (US$ Bn) and Volume (Units), 2018 - 2031
  - 9.4.1.3. Brazil Human Augmentation Market by Application, Value (US$ Bn) and Volume (Units), 2018 - 2031
  - 9.4.1.4. Mexico Human Augmentation Market by Product Type, Value (US$ Bn) and Volume (Units), 2018 - 2031
  - 9.4.1.5. Mexico Human Augmentation Market by Functionality, Value (US$ Bn) and Volume (Units), 2018 - 2031
  - 9.4.1.6. Mexico Human Augmentation Market by Application, Value (US$ Bn) and Volume (Units), 2018 - 2031
  - 9.4.1.7. Argentina Human Augmentation Market by Product Type, Value (US$ Bn) and Volume (Units), 2018 - 2031
  - 9.4.1.8. Argentina Human Augmentation Market by Functionality, Value (US$ Bn) and Volume (Units), 2018 - 2031
  - 9.4.1.9. Argentina Human Augmentation Market by Application, Value (US$ Bn) and Volume (Units), 2018 - 2031
  - 9.4.1.10. Rest of Latin America Human Augmentation Market by Product Type, Value (US$ Bn) and Volume (Units), 2018 - 2031
  - 9.4.1.11. Rest of Latin America Human Augmentation Market by Functionality, Value (US$ Bn) and Volume (Units), 2018 - 2031
  - 9.4.1.12. Rest of Latin America Human Augmentation Market by Application, Value (US$ Bn) and Volume (Units), 2018 - 2031
- 9.4.2. BPS Analysis/Market Attractiveness Analysis

10. Middle East & Africa Human Augmentation Market Outlook, 2018 - 2031

10.1. Middle East & Africa Human Augmentation Market Outlook, by Product Type, Value (US$ Bn) and Volume (Units), 2018 - 2031
- 10.1.1. Key Highlights
  - 10.1.1.1. Wearable Augmentation Products
  - 10.1.1.2. In-built Augmentation Products
10.2. Middle East & Africa Human Augmentation Market Outlook, by Functionality, Value (US$ Bn) and Volume (Units), 2018 - 2031
- 10.2.1. Key Highlights
  - 10.2.1.1. Body-worn
  - 10.2.1.2. Non-body-worn
10.3. Middle East & Africa Human Augmentation Market Outlook, by Application, Value (US$ Bn) and Volume (Units), 2018 - 2031
- 10.3.1. Key Highlights
  - 10.3.1.1. Healthcare
  - 10.3.1.2. Defense
  - 10.3.1.3. Industrial
- 10.3.2. BPS Analysis/Market Attractiveness Analysis
10.4. Middle East & Africa Human Augmentation Market Outlook, by Country, Value (US$ Bn) and Volume (Units), 2018 - 2031
- 10.4.1. Key Highlights
  - 10.4.1.1. GCC Human Augmentation Market by Product Type, Value (US$ Bn) and Volume (Units), 2018 - 2031
  - 10.4.1.2. GCC Human Augmentation Market by Functionality, Value (US$ Bn) and Volume (Units), 2018 - 2031
  - 10.4.1.3. GCC Human Augmentation Market by Application, Value (US$ Bn) and Volume (Units), 2018 - 2031
  - 10.4.1.4. South Africa Human Augmentation Market by Product Type, Value (US$ Bn) and Volume (Units), 2018 - 2031
  - 10.4.1.5. South Africa Human Augmentation Market by Functionality, Value (US$ Bn) and Volume (Units), 2018 - 2031
  - 10.4.1.6. South Africa Human Augmentation Market by Application, Value (US$ Bn) and Volume (Units), 2018 - 2031
  - 10.4.1.7. Egypt Human Augmentation Market by Product Type, Value (US$ Bn) and Volume (Units), 2018 - 2031
  - 10.4.1.8. Egypt Human Augmentation Market by Functionality, Value (US$ Bn) and Volume (Units), 2018 - 2031
  - 10.4.1.9. Egypt Human Augmentation Market by Application, Value (US$ Bn) and Volume (Units), 2018 - 2031
  - 10.4.1.10. Nigeria Human Augmentation Market by Product Type, Value (US$ Bn) and Volume (Units), 2018 - 2031
  - 10.4.1.11. Nigeria Human Augmentation Market by Functionality, Value (US$ Bn) and Volume (Units), 2018 - 2031
  - 10.4.1.12. Nigeria Human Augmentation Market by Application, Value (US$ Bn) and Volume (Units), 2018 - 2031
  - 10.4.1.13. Rest of Middle East & Africa Human Augmentation Market by Product Type, Value (US$ Bn) and Volume (Units), 2018 - 2031
  - 10.4.1.14. Rest of Middle East & Africa Human Augmentation Market by Functionality, Value (US$ Bn) and Volume (Units), 2018 - 2031
  - 10.4.1.15. Rest of Middle East & Africa Human Augmentation Market by Application, Value (US$ Bn) and Volume (Units), 2018 - 2031
- 10.4.2. BPS Analysis/Market Attractiveness Analysis

11. Competitive Landscape

11.1. By Application vs by Product Type Heatmap
11.2. Company Market Share Analysis, 2023
11.3. Competitive Dashboard
11.4. Company Profiles
- 11.4.1. Second Sight Medical Products, Inc.
  - 11.4.1.1. Company Overview
  - 11.4.1.2. Product Portfolio
  - 11.4.1.3. Financial Overview
  - 11.4.1.4. Business Strategies and Development
- 11.4.2. B-Temia Inc.
  - 11.4.2.1. Company Overview
  - 11.4.2.2. Product Portfolio
  - 11.4.2.3. Financial Overview
  - 11.4.2.4. Business Strategies and Development
- 11.4.3. Vuzix Corporation
  - 11.4.3.1. Company Overview
  - 11.4.3.2. Product Portfolio
  - 11.4.3.3. Financial Overview
  - 11.4.3.4. Business Strategies and Development
- 11.4.4. Braingate Company
  - 11.4.4.1. Company Overview
  - 11.4.4.2. Product Portfolio
  - 11.4.4.3. Financial Overview
  - 11.4.4.4. Business Strategies and Development
- 11.4.5. Samsung Electronics Co. Ltd.
  - 11.4.5.1. Company Overview
  - 11.4.5.2. Product Portfolio
  - 11.4.5.3. Financial Overview
  - 11.4.5.4. Business Strategies and Development
- 11.4.6. Ekso Bionics Holdings, Inc.
  - 11.4.6.1. Company Overview
  - 11.4.6.2. Product Portfolio
  - 11.4.6.3. Financial Overview
  - 11.4.6.4. Business Strategies and Development
- 11.4.7. Rewalk Robotics Ltd.
  - 11.4.7.1. Company Overview
  - 11.4.7.2. Product Portfolio
  - 11.4.7.3. Financial Overview
  - 11.4.7.4. Business Strategies and Development
- 11.4.8. Google Inc.
  - 11.4.8.1. Company Overview
  - 11.4.8.2. Product Portfolio
  - 11.4.8.3. Financial Overview
  - 11.4.8.4. Business Strategies and Development
- 11.4.9. Raytheon Company
  - 11.4.9.1. Company Overview
  - 11.4.9.2. Product Portfolio
  - 11.4.9.3. Financial Overview
  - 11.4.9.4. Business Strategies and Development
- 11.4.10. Magic Leap, Inc.
  - 11.4.10.1. Company Overview
  - 11.4.10.2. Product Portfolio
  - 11.4.10.3. Financial Overview
  - 11.4.10.4. Business Strategies and Development

12. Appendix

12.1. Research Methodology
12.2. Report Assumptions
12.3. Acronyms and Abbreviations