According to Renub Research latest report “Global Bionic Devices Market, Size, forecast 2022-2027, Industry Trends, Share, Growth, Company Analysis” Global Bionic Devices Market is estimated to grow at a CAGR of 9.9%, and reach US$ 8,681 Million by 2027. Bionic devices are implants that are used in place of the natural function of the body part that is lost due to nerve damage. An electronic or mechatronic part is used to replace or supplement the functionality of the damaged body part.
According to the data published by the World Health Organization in October 2021, about 2.2 billion people were affected with blindness or vision impairment, out of which at least 1 billion people had unaddressed or preventable conditions globally. Presently, the bionic eye is being developed by various companies worldwide to supply a usable device with the purpose of helping sight impaired individuals.
According to the World Health Organization statistics, published in 2021, road accidents roughly ac
