The
global Artificial Organ And Bionics Market is expected to
reach USD 38.75 billion by 2020 at an estimated CAGR of 9.3% from 2014 to 2020,
according to a new study by Grand View Research, Inc. Increasing prevalence of
acute renal failure and renal disorders due to lifestyle habits such as excessive
alcohol consumption and growing geriatric population base causing a rise in
organ failure rates is expected to serve this market as a high impact rendering
driver. In addition, growing incidence rates of accidents is expected to boost
the demand for organ transplants, thus increasing demand for artificial organ.
Artificial kidney dominated the global market in 2013, with revenue estimated
at over USD 12.21 billion; demand is expected grow due to the increasing
chronic kidney patients. Artificial liver is the fastest growing market
To request a sample copy or view summary of this report,
click the link below:
http://www.grandviewresearch.com/industry-analysis/artificial-organ-and-bionics
http://www.grandviewresearch.com/industry-analysis/artificial-organ-and-bionics
Further key findings from the study suggest:
- Brain
bionics in the medical bionics market held the largest share of revenue
for the year 2013 and the market is expected to grow at an estimated CAGR
of 40.0%.The presence of high unmet medical needs in neurology disease
segment coupled with expensive treatment procedures is expected to drive
the market for brain bionics. Exoskeleton is the fastest growing segment
and is expected to grow at a CAGR of 16.0% from 2014 to 2020.
- North
America was the largest regional market in 2013, accounting for over 42.0%
of global revenue due to the increasing population and awareness among the
patients and the players.
- Asia Pacific
is the fastest growing market and is expected to grow at a CAGR of 11.0%
from 2014 to 2020 on account of rising demand due to the improvement in
healthcare facilities, medical tourism and others.Increasing income levels
and healthcare expenditure is expected to interest of the players’ in the
emerging markets.
- Key industry
participants include Abiomed Inc., Asahi Kasei Kuraray Medical Co. Ltd.,
Thoratec Corporation, WorldHeart Corp., Gambro AB and others.
Grand
View Research has segmented the global artificial organ and bionics market on
the basis of product, technology and region:
Artificial Organ Product Outlook
- Artificial
organs
- Total artificial heart
- Artificial liver
- Artificial pancreas
- Artificial lungs
- Artificial kidney
- Bionics
- Cochlear implants
- Exoskeletons
- Cardiac bionics
- Heart valves
- Biological tissue valves
- Mechanical valves
- Transcatheter heart valves
- Ventricular assist device
- Bionic limbs
- Bionic legs
- Bionic hands
- Brain
bionics
- Deep brain stimulators
- Spinal cord stimulators
- Vagus nerves stimulators
- Vision
bionics
Artificial Organ Technology Outlook
- Mechanical
bionics
- Electronic
bionics
Artificial Organ Regional Outlook
- North
America
- Europe
- Asia Pacific
- RoW
About Us:
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-9519
Email: sales@grandviewresearch.com
For More Information: https://www.grandviewresearch.com
Blog: https://healthcareforecastreport.blogspot.com/
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-9519
Email: sales@grandviewresearch.com
For More Information: https://www.grandviewresearch.com
Blog: https://healthcareforecastreport.blogspot.com/
No comments:
Post a Comment