Global Artificial Organ Market By Organ Type (Artificial Heart, Artificial Kidney, Artificial Pancreas, Artificial Lungs, Cochlear Implants, Artificial Liver, Others), Material Type (Silicon, Plastics, Steel), Type (Permanent Artificial Organs, Temporary Artificial Organs), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East & Africa), Market Trends and Forecast to 2027
Market Analysis and Insights of Global Artificial Organ Market
Artificial organ market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses the market to account to USD 36.67 billion by 2027 growing at a CAGR of 8.94% in the above-mentioned forecast period. Rising cases of organ failure worldwide is expected to create new opportunity for the artificial organ market. .
Artificial organs are machine or device which is specially used as a replacement of the defected organ so they can perform same functions. They are usually made of material such as silicon, plastics, and steels.
Rising cases of chronic diseases and dearth of organ donors is expected to enhance the market growth. Some of the other factors such as advancement in the medical bionics, increasing awareness about artificial organs among population, increasing ageing population, increasing popularity of home haemodialysis and increasing accidents & severe injuries is expected to drive the artificial organ market in the forecast period of 2020 to 2027.
High cost of the procedure and increasing awareness about the risk associated with the artificial organs is expected to hamper the market growth in the mentioned forecast period.
This artificial organ market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on Data Bridge Market Research artificial organ market contact us for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Artificial Organ Market Scope and Market Size
Artificial organ market is segmented on the basis of organ type, material type and type. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of organ type, the artificial organ market is segmented into artificial heart, artificial kidney, artificial pancreas, artificial lungs, cochlear implants, artificial liver and others. Artificial heart segment is further divided into prosthetic heart valves, ventricular assist devices and cardiac pacemakers.
- Material type segment of the artificial organ market is divided into silicon, plastics and steel.
- The type segment of the artificial organ market is segmented into permanent artificial organ and temporary artificial organs.
Artificial Organ Market Country Level Analysis
Artificial organ market is analysed and market size insights and trends are provided by organ type, material type and type as referenced above.
The countries covered in the artificial organ market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the artificial organ market in the forecast period of 2020 to 2027. This is due to rising cases of organ failure and increasing ageing population in the region. Asia- Pacific is expected to witness fastest growth due to increasing healthcare expenditure and improvement in the healthcare expenditure.
The country section of the artificial organ market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure growth Installed base and New Technology Penetration
Artificial organ market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment’s, installed base of different kind of products for artificial organ market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the artificial organ market. The data is available for historic period 2010 to 2018.
Competitive Landscape and Artificial Organ Market Share Analysis
Artificial organ market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to artificial organ market.
The major players covered in the artificial organ market report are B. Braun Melsungen AG, Boston Scientific Corporation, Getinge AB., ABIOMED., Asahi Kasei Medical Co., Ltd., Berlin Heart, CARMAT, Jarvik Heart, Inc., Terumo Corporation, SynCardia Systems, LLC, NIPRO, Medtronic, Organovo Holdings Inc., NexImmune, Diabeloop SA, Admetsys., Defymed, SEMMA THERAPEUTICS, Pancreum, Inc., Beta Bionics,, Dexcom, Inc., Integra LifeSciences Corporation, among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available: Global Artificial Organ Market
Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customised to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.