Artificial Organs - Global Market Projections, Competitive Intelligence and Forecast 2023-2029
The Artificial Organ Market was valued at USD 28.6 billion in 2022, and from 2023 to 2029, it is anticipated that market revenue will increase by 10%, or roughly USD 55.73 billion.
Artificial Organ Market Overview
A market research study on “Artificial Organ Market” is available from Maximize industry Research, a global healthcare industry research company.An extensive overview of the market for biopharmaceutical CMOs and CROs is provided in the paper. The market size and growth rate are two major points of the report. The drivers, restraints, challenges, and opportunities for the growth of the Artificial Organ market are included in the report’s insights.
Artificial Organ Market Report Scope and Research Methodology
Artificial Organ Market Analysis used both primary and secondary research techniques. Through surveys, interviews, and market observations, primary research entailed the direct acquisition of data from the marketplace. In secondary research, information was gathered from published sources such news stories, company websites, and industry studies.
The industry’s competition, which includes market leaders, imitators, and newcomers, is thoroughly studied. The important figures obtained at following thorough Artificial Organ analysis were confirmed and verified through extensive primary research. Market engineering, market forecasting, market breakdown, and data triangulation are all examples of market statistics calculations. The company’s annual reports, articles, paid and free databases, etc. were used to gather the secondary data. calculating the regional
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Artificial Organ Market Regional Insights
The various sections dedicated to regional segmentation provide insights into the geographical facets of the global Artificial Organ Market. Within this chapter, we delve into the regulatory framework that is poised to exert an influence on the market. It sheds light on the political landscape within the market and anticipates its effects on the Artificial Organ market on a global scale. We also consider the presence and accessibility of global brands, examining the challenges they face in the face of intense competition from local and domestic brands. Additionally, we assess the impact of domestic tariffs and trade channels.
• North America (United States, Canada and Mexico)
• Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
• Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
• Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
• South America (Brazil, Argentina Rest of South America)
Artificial Organ Market Segmentation:
With more than 70.9% of the market, artificial organs segment led the artificial organ market in 2022. Transplant demand for the liver, heart, kidney, and lung is propelling the market's expansion. The usual waiting period for a kidney transplant in the US is 5 years on average. Numerous aspects are taken into consideration while on the waiting list, such as body size, blood type, distance from a donor, and degree of disease. Manufacturers have created wearable artificial kidneys, bio-lungs, and artificial pancreas in an effort to address unmet demand.
The artificial bionics section is anticipated to expand at the fastest rate during the course of the forecast. The main causes include the rising demand for brain bionics, vision, exoskeletons, limbs, and cochlear implants.
by Type
1. Artificial Organs
1.2 Kidney
1.3 Heart
1.4 Lungs
1.5 Liver
1.6 Pancreas
2 Artificial Bionics
2.1 Cochlear implant
2.2Exoskeleton
2.3 Bionic limbs
2.4 Vision bionics
2.5 Brain bionics
by Technology
1.Mechanical bionics
2.Electronic bionics
by Material
1. Silicone
2.Plastic
3.Steel
4.Biomaterials
by End Users
1.Hospitals
2.Ambulatory Surgical Centers
3.Laboratories and Diagnostic Centers
4.Research and Academic Institute
5.Others
Artificial Organ Key players:
1. Baxter International Inc. (US) 2. Boston Scientific Corporation (US) 3. ALung Technologies, Inc. (US) 4. Zimmer Biomet (US) 5. MyLVAD Foundation, LTD (US) 6. Abiomed, Inc. (US) 7. Cleveland HeartLab, Inc. (US) 8. Edwards Lifesciences (US) 9. Ekso Bionics Holdings Inc. (US) 10.Jarvik Heart Inc. (US) 11.SynCardia Systems, LLC (US) 12.Abbott Laboratories (US) 13.Excorp Medical Inc (US) 14.Berlin Heart GmbH (Germany) 15.B. Braun Melsungen AG (Germany) 16.CEGLA Medizintechnik GmbH (Germany) 17.Fresenius Medical Care AG & Co. KGaA (Germany) 18.Carmat SA (France) 19.Defymed (France) 20.Getinge AB (Sweden) 21.F. Hoffmann-La Roche AG (Switzerland) 22.Medtronic PLC (Ireland) 23.Nikkiso Co. Ltd. (Japan) 24.Nipro Corporation (Japan) 25.Toray Medical Company Limited (Japan) Asahi Kasei Medical Co. Ltd (Japan) Terumo Corporation (Japan)
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Table of Content: Artificial Organ Market
Part 01: Executive Summary
Part 02: Scope of the Artificial Organ Market Report
Part 03: Global Artificial Organ Market Landscape
Part 04: Global Artificial Organ Market Sizing
Part 05: Global Artificial Organ Market Segmentation by Type
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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Key Offerings:
Market OverviewMarket ShareMarket SizeForecast by Revenue | 2023−2029Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key TrendsMarket Segmentation – A detailed analysis by segments, sub-segments and regionCompetitive Landscape – Top Key Vendors and Other Prominent Vendors
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