2018 Will Be The Year Bionic Arms Go Mainstream
Prosthetics have come a long way in the past few decades, and 2018 is set to be a revolutionary year for the estimated two million hand amputees around the world. The global prosthetics market is accelerating, with growth predicted to exceed more than 2.63 billion dollars by 2026 as primitive hooks and grippers for upper limb amputees are replaced with cutting-edge prosthetics - such as the bionic arms we’re developing at Open Bionics.
Currently available bionic arms will set you back at least £30,000. This is prohibitively expensive, particularly for fast-growing children, so that’s why we’re using cutting-edge technology to create bionic limbs that are highly functional, affordable and personalised. The Global Prosthetics Market Report 2017 states that “the market is experiencing a huge shift from conventional lower extremity and upper extremity prosthetics towards the technologically advanced orthopedic prosthetics.” Our aim in 2018 is to turn this ‘huge shift’ into a fully fledged bionic revolution, as we believe the best prosthetics should be made available to as many people as possible.
"For the first time in the prosthetics industry, affordable bionic limbs are here, and they're here to stay."
We’re using new technologies like 3D scanning and 3D printing to revolutionise the prosthetic design and fitting process, making life easier for both amputees and clinicians. Our bionic hands are light and small enough for those as young as eight, and we attach sensors to the skin to detect the user’s muscle movements, which can be used to control the hand and open and close the fingers. Electric powered prosthetic devices in particular are expected to account for over 50% revenue share of the global prosthetics market by 2026.
These predictions of market growth are confirmed by Ossur, a global leader in non-invasive orthopaedics, who posted impressive results in 2017. “Growth in the first nine months of the year is primarily driven by strong performance in the prosthetics segment which is growing organically above estimated market growth,” said Jon Sigurdsson, president and CEO of Össur, in a statement on their website.
In 2018, we anticipate launching our first bionic arms to market, alongside a stylish range of Disney covers for children, and high fashion covers for adults. We’re excited for the future of prosthetics, and look forward to the bionic revolution.
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1yHi Joel, It's very interesting! I will be happy to connect.
Senior Staff, Site Reliability Engineering at Medallia
4yI really admire the work you've done.
BSC (Hons) 2.1 - MRes (DAT)
4yHi Joel, I've sent you a request. I'm extremely interested in Prosthetics being a lower limb amputee myself. I'd like to pop you a message, Mike
Founder & Publisher Asian Robotics Review; founder Bright Boys Media; author of The Untold Story of Everything Digital
5yThis entire field would be nowhere without Joel Gibbard and Samantha Payne at Open Bionics; they pioneered the field and showed the world a new way to approach offering "affordable' and cool-looking bionic abilities to those in greatest need. There should be a Nobel category for their work.
Creator of 100 Days-to-Action Program™ for business owners re-inventing themselves and their business success.
5yI am energized by companies with a mission and core values that resonate. I find these "solutions" to a seemingly insurmountable problem really exciting. And as an artist I find it totally awesome that Open Bionics is marrying together form and function in such a brilliant way. AND inviting other creative minds to build on their momentum. This company is just made a grand slam for bionics. Excellent!