Artificial Organ Market Overview
Maximize Market Research has published a report on the Global Artificial Organ Market, providing a comprehensive overview of the market, its dynamics, regional insights, and competitive landscape. The report is a valuable resource for investors and key players, providing insights that can be used to make informed decisions about the market.
Artificial Organ Market Report Scope and Research Methodology
The Artificial Organ Market report provides a comprehensive assessment of the global market, including insights into the industry’s stakeholders. The report includes detailed information on the Artificial Organ market’s value, revenue, production, and sales. It clearly shows the historical and current status of the market, as well as the forecasted trends and Artificial Organ market size.
The report employed several research methodologies to understand consumer behavior, including interviews and surveys. MMR’s report is the result of a multi-method study that included Porter’s, PESTLE, and SWOT analyses, as well as a bottom-up approach to estimating the Artificial Organ market size. Primary and secondary research methodologies were used to collect the data for the Artificial Organ market report. These methods were used to shed light on the key financial considerations of Artificial Organ key players.
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Artificial Organ Market Segmentation
With over 70.9% of the market share, the artificial organs segment led the artificial organ market in 2022 based on product. The segment’s growth is being driven by the need for transplants of the kidney, heart, lung, and liver. The median waiting period in the US is five years on average for a kidney transplant. Numerous factors are considered while on the waiting list, such as the severity of the illness, body size, blood type, and distance from a donor. The difficulty in satisfying unmet demand has led to the development of wearable artificial kidneys, bio-lungs, and artificial pancreas by manufacturers.
The artificial bionics market is anticipated to expand at the fastest rate over the course of the forecast period. The main causes are the rising demand for brain bionics, exoskeletons, vision, cochlear implants, and limbs.
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
With 67.1% of the market share in 2022, mechanical bionics dominated the market based on technology. The main causes of this are the rising incidence of organ failure and the inexpensive nature of mechanical bionics. Because they are highly durable compared to alternative options, mechanical artificial heart valves are in high demand. Fast FDA approvals and reimbursement practices are additional growth-promoting elements. For instance, in September 2021, the FDA authorized Abbott’s Portico with FlexNav TAVR system to treat aortic stenosis patients who are symptomatic and at a very high risk of requiring open heart surgery. In the artificial organ market, the electronic bionics segment is anticipated to grow at the fastest rate during the forecast period.
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
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Artificial Organ Market 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)
Table of content for the Artificial Organ Market includes:
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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Artificial Organ Market Regional Insights
A detailed analysis of all five regions including North America, Asia Pacific, Europe, Middle East and Africa and South America is provided in the Artificial Organ market report.
Key Questions answered in the Artificial Organ Market Report are:
- What is the forecast period of the Artificial Organ market report?
- What was the Artificial Organ market size in 2023?
- What is the expected Artificial Organ market size by 2030?
- What is the expected Artificial Organ market size by the end of the forecast period?
- Which segment in the Artificial Organ market is expected to grow rapidly during the forecast period?
- Who are the Artificial Organ key players in the industry?
- What key trends are expected to emerge in the Artificial Organ market during the forecast period?
- Which region dominated the global Artificial Organ market?
- Which regional market is expected to grow at a high rate during the forecast period?
Key Offerings:
- A detailed Market Overview
- Market Share, Size & Forecast by Revenue | 2024−2030
- Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
- Market Segmentation – A detailed analysis of segments and sub-segments
- Competitive Landscape – Top Key Vendors and Other Prominent Vendors
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