Artificial Organs Market is an engineered device, machine, tissue or others material that is implanted or integrated into a human body to replace the functions of a missing organ. Artificial organ helps to prevent imminent death while awaiting a transplant and improving the patient’s capability to interact socially. Now these days, use of the artificial organ is increasing globally due to its technological advancement and growing demand for patient care.
Market Dynamics:
Increasing demand of is one of the key drivers for market. Worldwide, there is a huge gap between organ donor and organ receiver. Numbers of organ donor are very less in number as compared to organ receiver. According to British Heart Foundation, there is 162% growth in heart transplant in the United Kingdom. Moreover, the market is driven by technological advancement in the treatment of chronic disease. Now these days, globally road accidents are increasing very rapidly and this is one of the very serious issues. Thus, global market is growing with significant growth rate due to increasing road accidents. However, the market growth is affecting by stringent rules & regulation and high cost of. Nonetheless, untapped market and increasing investment in research and development are expected to generate new opportunity in forecast period.
Top players:
Artificial Organs Market Segmentation:
By Product Type
By Technology Type
The report covers discussions and qualitative analyses:
Market Dynamics:
Increasing demand of is one of the key drivers for market. Worldwide, there is a huge gap between organ donor and organ receiver. Numbers of organ donor are very less in number as compared to organ receiver. According to British Heart Foundation, there is 162% growth in heart transplant in the United Kingdom. Moreover, the market is driven by technological advancement in the treatment of chronic disease. Now these days, globally road accidents are increasing very rapidly and this is one of the very serious issues. Thus, global market is growing with significant growth rate due to increasing road accidents. However, the market growth is affecting by stringent rules & regulation and high cost of. Nonetheless, untapped market and increasing investment in research and development are expected to generate new opportunity in forecast period.
Top players:
- Esko Bionics
- F Hoffman-La Roche Ltd
- Gambro AB
- Iwalk Inc.
- Jarvik Heart
- Lifenet Health
- Medtronic
- Nano Retina, Inc.
- Others
Artificial Organs Market Segmentation:
By Product Type
- Vision Bionics
- Ear Bionics
- Orthopedic Bionics
- Heart Bionics
- Others
By Technology Type
- Mechanical
- Electronic
The report covers discussions and qualitative analyses:
- Technological Development
- Trends toward Artificial Organs market
- Increasing Demand of Artificial Organs