Based on technology, the market of human enhancement is divided into implants, medical devices, smart devices, and exoskeletons. Out of these, the implants category recorded the highest growth in the market in the past years, on account of the heavy usage of these devices in medical applications, mainly because of the presence of a large geriatric population and the high incidence of neurological and chronic diseases in various countries around the world.
When application is taken into consideration, the human enhancement market is categorized into defense, industrial, and healthcare. Out of these, the defense category is predicted to demonstrate the fastest growth in the market in the upcoming years. This will be because of the fact that human enhancement systems are widely used in defense applications, on account of their ability to provide mobility, strength, safety, and endurance to soldiers and defense personnel.
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Across the globe, the human enhancement market will exhibit the fastest growth in the Asia-Pacific (APAC) region in the forthcoming years. This will be due to the mushrooming demand for connected wearable devices, on account of the rapid fall in their prices and the surging penetration of the internet, in the regional countries. On the other hand, the highest market advancement will be observed in North America in the upcoming years, as per industry experts.
Hence, it can be said with full confidence that the market will register substantial growth all over the world in the coming years, primarily because of the rising incidence of neurological diseases, the soaring geriatric population, and the extensive usage of exoskeletons in rehabilitation centers around the world.
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