Human Augmentation Market Size - By Product Type (Wearable Devices, Virtual Reality Devices, Augmented Reality Devices, Exoskeletons, Intelligent Virtual Assistants), By Functionality (Body-worn, Non-body Worn), By Application & Forecast, 2024 - 2032

Human Augmentation Market Size

Human Augmentation Market size was valued at USD 12 billion in 2023 and is estimated to register at a CAGR of over 6% between 2024 and 2032. Human augmentation involves enhancing human capabilities through the integration of technology such as implants, prosthetics, or wearable devices. It aims to improve physical, cognitive, or sensory abilities beyond natural limitations, offering solutions for medical rehabilitation, performance enhancement, and assistive purposes.
 

The growing adoption of wearable devices is fueling the human augmentation market. These devices including smartwatches, fitness trackers, and Augmented Reality (AR) glasses provide health monitoring, activity tracking, and an augmented information display. As more people adopt wearable technology for fitness, healthcare, and everyday use, there is a corresponding increase in demand for advanced wearable augmentation devices, driving innovations and market expansion in human augmentation manufacturing.
 

For instance, in July 2023, Garmin launched two powerful and feature-rich outdoor smartwatch series: the Fenix 7 Pro and Epix Pro Series. These next-generation smartwatches are designed to meet the demands of athletes, adventurers, and fitness enthusiasts, providing them with the ultimate performance and tracking capabilities.
 

The rising demand for improved performance is a major factor in the human augmentation market growth. Exoskeletons, brain-computer interfaces, and wearable devices are becoming increasingly popular as people seek to improve their physical and cognitive abilities beyond their natural limitations. This demand is attributed to a variety of industries including sports, healthcare, defense, and those where productivity & efficiency are essential.
 

Dependency and addiction pose significant challenges to the human augmentation market. Excessive use of augmentation technologies can lead to psychological dependency, limiting people's ability to function without them. Furthermore, addiction-like behaviors may emerge, posing threats to mental health and well-being. Addressing these concerns necessitates careful consideration of the balance between empowerment and usage as well as the implementation of measures to encourage responsible usage and mitigate potential negative effects on users.
 

Human Augmentation Market Trends

There is a growing focus on integration with healthcare, as advancements in prosthetics, exoskeletons, and brain-computer interfaces improve rehabilitation outcomes and mobility for people with disabilities. The market is seeing increased product adoption in industries, such as manufacturing and logistics, where wearable robotics and exosuits boost workers' strength and endurance, increasing productivity and lowering workplace injuries. Consumer demand for AR and Virtual Reality (VR) experiences is boosting innovations in sensory augmentation, with applications ranging from gaming & entertainment to training & education.
 

For instance, in May 2023, Vuzix Corporation, an AR and smart glasses technology devices provider, partnered with TeamOpenSmartGlasses to develop ChatGPT Al applications on its smart glasses. They are developing a suite of conversation enhancement tools built for all-day wearable smart glasses. These apps improve meetings and conversations with live info that enhances user understanding of conversations for executives, technologists, and academics.
 

There is a rising emphasis on ethical considerations including privacy, consent, and equity, as human augmentation technologies become more prevalent. Technological developments in fields including biotechnology, materials science, and Artificial Intelligence (AI) continue to push the limits of what is feasible, encouraging constant innovations and market expansion.
 

Human Augmentation Market Analysis

Based on the application, the market is segmented into consumer, commercial, medical, defense, industrial, and others. The consumer segment accounted for 30% of the market share in 2023.
 

• Consumers benefit from human augmentation through a variety of applications that improve their everyday lives. Wearable devices, such as smartwatches and fitness trackers, are widely used and feature activity monitoring, health tracking, and AR experiences. Furthermore, there is an increasing interest in cosmetic augmentation procedures, influenced by advancements in surgical techniques and a desire for aesthetic enhancements.
   
• Brain-computer Interfaces (BCIs) are gaining popularity, allowing users to control devices with their thoughts and providing new interactions in gaming and virtual environments. Furthermore, AR applications for smartphones and wearable glasses provide immersive experiences in areas, such as navigation, education, and entertainment, expanding the market by making augmentation solutions more accessible and engaging for consumers.

Based on the functionality, the human augmentation market is segmented into body-worn, non-body worn, and others. The non-body worn segment is expected to grow at 6.2% CAGR during the forecast period.
 

• The market for human augmentation is seeing a noticeable increase in non-body-worn functionality. Developments in fields, such as implantable technologies and BCIs, are opening up possibilities beyond wearables. For example, BCIs allow direct brain-to-device communication, presenting opportunities for improving cognitive abilities, managing prosthetic limbs, and even treating neurological conditions. Implantable technologies are gaining popularity due to their potential to monitor physiological parameters, deliver targeted therapies, and restore sensory functions. Examples of these technologies include neural implants and bioelectronic devices.
   
• The rise in non-body-worn functionality is indicative of a trend toward more integrated and seamless augmentation solutions, in which technology is progressively incorporated into the body to improve human capabilities and more accurately & effectively handle medical needs.

Asia Pacific human augmentation market held over 35% of the revenue share in 2023, owing to technological advancements and growing healthcare infrastructure. Countries, such as Japan and South Korea, are pioneering the development of innovative prosthetics and robotics, with a focus on improving mobility and quality of life for the elderly. Furthermore, emerging economies, such as China and India, are seeing increased adoption of wearable devices and BCIs, driven by increased investments in healthcare and rising awareness of assistive technology.
 

Human Augmentation Market Share

Google LLC (Alphabet Inc.) and Microsoft Corporation holds a significant share of over 12.5% in the human augmentation industry. Microsoft develops Mixed Reality (MR) devices, such as HoloLens, and invests in AI and healthcare technologies aimed at enhancing human capabilities and experiences.
 

Major players, such as Ekso Bionics Holdings, Inc., Facebook Reality Labs (Meta Platforms, Inc.), Google LLC (Alphabet Inc.), and Microsoft Corporation, are constantly implementing strategic measures, such as geographical expansion, acquisitions, mergers, collaborations, partnerships, and product or service launches, to gain market shares.
 

Human Augmentation Market Companies

Major companies operating in the human augmentation industry are:

• B-Temia Inc.
• Cyberdyne Inc.
• Ekso Bionics Holdings, Inc.
• Facebook Reality Labs (Meta Platforms, Inc.)
• Google LLC (Alphabet Inc.)
• Hocoma AG (DIH Technologies)
• Huawei Technologies Co., Ltd.
• Microsoft Corporation
• ReWalk Robotics Ltd.
• Rex Bionics Ltd.
• Samsung Electronics Co., Ltd.
• Sony Corporation
• Touch Bionics Inc. (Össur)
• Wandercraft
• Wearable Robotics SRL
   

Human Augmentation Industry News

• In February 2024, Wandercraft, the developer of the world's first self-balancing robotic exoskeleton, received FDA clearance for Atalante X for rehabilitation in individuals with Spinal Cord Injuries (SCI) at levels T5 to L5. Atalante X is the only FDA-cleared exoskeleton with a powered ankle mechanism that can perform complex ankle movements, mimicking a natural human gait. The unique ankle motion, combined with intelligent self-balancing technology allows patients to experience the benefits of walking again in a rehabilitation setting.
   
• In August 2023, Samsung launched the new Galaxy Watch6 and Galaxy Watch6 Classic1, designed to help users build healthier habits throughout the day. The Galaxy Watch6 series features holistic health offerings and powerful performance in a refined and sleek design, with a slimmer bezel, a larger and more vibrant display, and a more interactive user interface. Both models also allow users to access a greater selection of versatile watch faces as well as new band options, empowering them to meet their goals.
   

The human augmentation market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue (USD Million) from 2018 to 2032, for the following segments:

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Market, By Product Type

• Wearable devices
• Virtual reality devices
• Augmented reality devices
• Others

Market, By Functionality

• Body-worn
• Non-body Worn
• Others

Market, By Application

• Consumer
• Commercial
• Medical
• Defense
• Industrial
• Others

The above information has been provided for the following regions and countries:

• North America
  • U.S.
  • Canada
• Europe
  • UK
  • Germany
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • ANZ
  • Rest of Asia Pacific 
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America 
• MEA
  • UAE
  • Saudi Arabia
  • South Africa
  • Rest of MEA