Global Artificial Organs and Bionic Implants Market Analysis, Growth, Trends & Forecasts 2018-2023, With an Expected CAGR of 9.5% - ResearchAndMarkets.com

DUBLIN--()--The "Global Artificial Organs and Bionic Implants Market - Segmented by Product and Geography - Growth, Trends, and Forecasts (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.

The global artificial organs and bionic implants market is expected to register a CAGR of 9.5% during the forecast period (2018-2023).

The lack of availability of potential organs to transplant has been a major issue. The demand for organ donors, is ever increasing and is very high, when compared to the actual supply. It has been estimated that, of all the patients who need organ transplantation, only 10% are able to undergo the process. This has been a major boost for artificial organs and bionics market, as the patients cannot afford to wait in the queue, since the stakes are very high. Bionics and artificial organs can cater to those in need of organ transplantations and replacements. Bionics and artificial organs, can replicate the function of damaged organs.

The cost of the procedure is a major constraint on the artificial organs and bionics market. The high cost of these organs is due to the production policies to address the patients, taxpayers, and medical technology corporations.

North America holds the largest share in the artificial organ or medical bionic implant space. Also, the market is emerging due to the rise in the population, coupled with awareness among the players and the patients. Growing income levels, increasing healthcare expenditure, and less competition than mature countries, are the factors that are responsible for an increase in the interest of market players in emerging markets.

Companies Mentioned

  • ABIOMED
  • Asahi Kasei Medical Co. Ltd
  • Baxter International Inc.
  • Berlin Heart GmbH
  • Boston Scientific Corporation
  • Cochlear Limited
  • Cyberonics Inc.
  • Edward Lifesciences
  • Ekso Bionics
  • Roche Holding AG
  • Medtronic

Key Topics Covered:

1. Introduction

2. Research Methodology

3. Executive Summary

4. Key Inferences

5. Market Overview

6. Drivers, Restraints, Opportunities, and Challenges Analysis (Droc)

7. Market Segmentation

8. Competitive Landscape

9. Key Players

10. Future of the Market

For more information about this report visit https://www.researchandmarkets.com/research/nxkr8c/global_artificial?w=4

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Biomaterials

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Biomaterials