Human Augmentation Market to grow at CAGR of 21.0% by 2026

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MarketsandMarkets Presents
The Global Human Augmentation Market is expected
to reach USD 341.2 billion by 2026 from USD 131.7
billion in 2021, at a CAGR of 21.0 during the
2021-2026 period. The rapid growth of the Global
Human Augmentation Market is attributed to some
of the driving factors such as growing demand for
wearable human augmentation devices in the
healthcare sector, the recent advent of
AI-powered wearable devices and rapid
technological advancements such as availability
of fast processing chipsets, miniaturization of
sensors, use of brain-computer interfaces and
evolution of nanotechnology.
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MarketsandMarkets Presents
Wearable devices to account for the largest share
of the Human Augmentation Market during the
forecast period Wearable devices are projected to
account for the largest share of the Human
Augmentation Market during the forecast period.
The growing use of wearable devices to monitor
health and fitness parameters is a major factor
contributing to the market growth. The
availability of miniaturized multifunctional ICs
and advanced sensor technologies has facilitated
the development of cost-effective wearable
devices for various consumers applications.
Different types of compact sensors can be
integrated into wearable devices such as
garments, hats, wristbands, socks, shoes,
glasses, and wristwatches for continuous health
monitoring.
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MarketsandMarkets Presents
Non-body-worn human augmentation products to
register the highest growth during the period
from 2021 to 2026 Non-body-worn human
augmentation products such as intelligent virtual
assistants, VR projectors and display walls, and
AR and VR software are expected to register the
highest growth during the forecast period. The
growing demand for immersive content for AR and
VR devices for gaming and entertainment
applications is expected to drive the market
growth for AR and VR software, thereby driving
the market growth for non-body-worn products. Get
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MarketsandMarkets Presents
Asia Pacific to register the highest growth in
the Human Augmentation Market during the forecast
period The market in Asia Pacific is expected to
witness a higher growth compared to the other
regions. The presence of technologically advanced
manufacturing industries in countries such as
Japan and China presents significant growth
opportunities for human augmentation
technologies. A massive mobile user base and a
huge population in this region are the major
factors driving the market growth in Asia
Pacific. The surging demand for smart devices,
increasing disposable income, along with easy
availability of inexpensive labor, are the key
driving factors for the accelerated growth of the
Human Augmentation Market in many developing
countries in this region, such as India.
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MarketsandMarkets Presents
Key Players The report profiles key players such
as Samsung Electronics Co., Ltd. (South Korea),
Google LLC (US), Ekso Bionics (US), Vuzix
Corporation (US), Garmin Ltd. (US), Fossil Group,
Inc. (US), B-Temia Inc. (Canada), Casio (Japan),
Magic Leap (US), ReWalk Robotics (US), and
CYBERDYNE INC. (Japan). Browse For More Details
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MarketsandMarkets Presents
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MarketsandMarkets Presents
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