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According to a new market research report "Human Augmentation Market by Product (In-Built Augmentation and Wearable Augmentation), Application (Medical, Defense, Industrial), & Geography - Global Forecast to 2020", published by MarketsandMarkets, the total Human Augmentation Market was valued at $91.8 Million in 2013 and is expected to reach up to $1135 Million by 2020, at a CAGR of 43.52% between 2014 and 2020.
The concept of human augmentation has been in existence for a short time and is going to witness a high growth in the next five years. The sensors advancement and safe and strong defense are the primary factors that are contributing to the growth of this market. The growing demand for achieving perfection in the healthcare sector and the consequent developments carried out in the wake of the integration of such technologies with human augmentation products are expected to propel the market in the future.
The report's detailed segmentation by product, by application, and by geography covers the overall Human Augmentation Market.
The objective of the research study was to analyze the market trends for each of the product type, the growth rates of various products, and their comparison with other products.
Apart from the market segmentation, the report also covers the Porter's five force analysis, the market's value chain with detailed process flow diagram, and the market dynamics such as the drivers, restraints, and opportunities in the overall Human Augmentation Market.
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