Revolutionizing Human Potential: Advancements and Global Outlook of Human Augmentation Market 2023 by B-Temia, BrainGate, Ekso Bionics and More
Human augmentation is a hot topic nowadays as more and more technological advancements are being made to enhance human capabilities. In the past few decades, human augmentation has gone from science fiction to reality, and the growth and development of the industry show no signs of slowing down. According to research, the global human augmentation market is predicted to reach $6.28 billion by 2025, growing at a CAGR of 38.16%, from $488.49 million in 2018.
What is human augmentation and why is it important?
Human augmentation is the use of technology to enhance human abilities. This includes anything from exoskeletons, brain-computer interfaces, smart prosthetics, and more. It has the potential to transform the lives of people with disabilities and improve individual and collective human performance in various applications such as military, healthcare, and manufacturing.
Key Players in the Human Augmentation Industry
B-Temia:
B-Temia is a Canadian-based company that develops and produces wearable robotics for industrial, medical, and military purposes. Their flagship product is called the “Keeogo” which is a powerful exoskeleton that assists people with mobility impairments, helping them achieve greater independence and higher quality of life.
BrainGate:
BrainGate is a company that develops and tests neurotechnology devices that allow people with paralysis to control external devices such as computers, robotic arms, and even cars, using their thoughts. This technology is groundbreaking as it has the potential to restore mobility and autonomy to millions of people worldwide.
Ekso Bionics:
Ekso Bionics is a leading maker of exoskeletons, and their products are designed to help people with mobility impairments to stand up, walk and stay mobile. Their product line includes the “EksoGT,” the most clinically used exoskeleton worldwide, which has helped over 30,000 people with paralysis and lower-limb paralysis since its launch in 2012.
The Future of Human Augmentation
The growth and development of the human augmentation market have been rapid in recent years, and this trend is set to continue. The human augmentation market is expected to continue to grow as more capital is allocated to research and development of new technologies and the widespread use of these technologies by healthcare providers, military, and industrial organizations.
Applications of Human Augmentation in the Military:
One of the main areas of application for human augmentation is in the military. Augmenting the capabilities of soldiers would make them more efficient in their tasks, such as carrying heavy loads, increasing their endurance, and enhancing their situational awareness.
Applications of Human Augmentation in Healthcare:
Another area where human augmentation has transformative potential is in healthcare. By fusing technology with biology, medical professionals can improve patient outcomes dramatically. For example, wearable exoskeletons can help people suffering from long-term paralysis to retrain their bodies to walk again, leading to more independence and a higher quality of life.
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