Title: Global Medical Bionic Implants Market by 2017 - PowerPoint PPT Presentation

Description: The term ‘bionics’ is analogous to the term ‘biomimetics’, which involves the study and development of artificial systems that replicate or mimic the functioning of natural biological systems. The science of bionics deals with the application of naturally found biological systems to the study and development of artificially engineered systems. The motive behind developing these artificial systems is to replace and enhance existing natural systems, which may malfunction or fail to function in a desired manner using either mechanical or electronic modalities. The medical bionic implants market is a potentially growing one with a global market of $12.67 million in 2012. It is expected to grow at a CAGR of 7.1% to reach $17.82 billion in 2017. – PowerPoint PPT presentation