Medical Bionic Implants are a growing medical technology that are implanted into patients to restore the function of lost or malfunctioning body parts. The types of medical bionic implants include orthopedic bionics, which involves the replacement of missing or malfunctioning bones. These implants can be placed in a person's hip, knee, elbow, ankle, or leg. Several people in the United States suffer from sports injuries every year. Brain bionics, on the other hand, involves inserting an implant inside a person's brain, which targets areas of the brain that are affected by abnormal brain activity. The growing number of organ failures has led to an increased demand for bionic implants. Moreover, organ failure is common in the elderly population, as they are prone to orthopedic and gastrointestinal ailments.
According to Coherent Market Insights the Medical Bionic Implants Market Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2022-2028. Medical bionics are divided into Vision bionics, ear bionics, and orthopedic bionics. Ear bionics are further segmented into cochlear implants and bone-anchored hearing aids. Orthopedic bionics include bionic hand and legs, as well as electrical bone growth stimulators. Electrical bone growth stimulators include non-invasive and invasive devices. And finally, the heart bionics segment includes pacemakers, artificial heart valves, and ventricular assist devices. Vision bionics are devices designed to mimic the human eye's complex neural network. For instance, bionic eyes could be implanted with electrodes that can target individual neuron types and replicate a person's sense of color. Such devices would also enable the recipient to recognize everyday objects and emotions on faces. As the technology progresses, these devices will likely become smaller and more powerful. Ear bionics are an emerging field of medical technology that may soon be used to improve the quality of hearing for people with hearing loss. The technology combines the advanced features of cochlear implants with the precision of an implanted hearing instrument. The result is a bionic ear that can improve the quality of sound and speech. The growing number of traumatic accidents that result in the amputation of limbs or skulls and an increase in healthcare spending is driving the demand for orthopedic bionics in medical bionics implants. The first medical bionic eye implant trial was performed at Moorfields and Manchester in 2009, and the procedure was performed on the first patient with AMD in 2015. The second and third bionic eye implant trials will begin in 2017 with the hopes of improving the quality of life for patients with this genetic disease. The procedures will be monitored for a year after the surgeries to evaluate the effects of the implants. Another innovative implant technology called "retinal prosthesis" is the Argus II Retinal Prosthesis System. This implant contains electrodes that stimulate the retinal cells and transmit visual information to the brain. This device can help people with vision impairments to read without the aid of their fingers. There are a number of bionic implant companies and startups that are entering the market each year, thereby increasing competition in the market. One such company is Touch Bionics, which is focused on developing bionic arms. The company's iLimb Quantum technology allows the implant to act like an organic arm.
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