Technological Advances in Exoskeletons Accelerating Market Adoption

The Global Artificial organs & Bionic implants market is growing at a tremendous pace with many companies increasingly innovating in their products and an increasing demand for bionics and artificial organs due to scarcity of donor organs in the market. Artificial organs and bionics offer us with the possibility of elliminating disability. This single factor has been instrumental in the rapid growth of the market in the recent times.
Recently, the bionic exoskeleton industry has been witnessing tremendous growth. This can be primarily attributed to the increasing FDA approvals for medical, commercial and military purposes. This wide range of applications of the exoskeleton sector has made it a hot prospect of the medical bionics industry. The likes of Ekso Bionics are currently dominating the global market. With the advent of Robotic Artificial Intelligence developing, the exoskeleton will grow exponentially in the future.
However, rapid technological advances in the artificial organs & bionic implants market is the most signficant growth aspect of this market. Lately, many new products have been released in the market for commercial purposes. The likes of Prosthetic Socket Interface Designs,HD Silicon Covers,Bionic technology in prosthetics are all new technologies currently available in the market. Along with this, innovations in the product sector have been instrumental in the market's growth. Those include the recent launch of medical exoskeletons by Ekso Bionics at the International CES 2015,Touch bionic's recent reimbursment approval of their new product i-limb,Flexion wrists for I-limb hands by Touch bionics,Bioretina implants from Nano Retina, Cochlear's launching of Slim Straight Electrode on Nulceus Profile Imaplant which is considered to be the world's thinnest full lenght electrode on world's thinnest implant and a few others.
At this rate the bionics market will maintain this exponential growth trend for a significant period in the future.