Artificial Organ market Overview

Maximize Market research, a global Healthcare market research firm, has market research report on “ Artificial Organ Market. The report on Artificial Organ market provides an in-depth analysis of the industry. Key highlights of the report include the market size and the growth rate. Insights of the report covers the drivers, restraints, challenges & opportunities for Artificial Organ market growth.

Artificial Organ market Report Scope and Research Methodology

The analysis of the Artificial Organ market utilized both primary and secondary research methods. Primary research involved the direct collection of data from the market through surveys, interviews, and observations. Secondary research involved the collection of data from published sources, such as industry reports, company websites, and news articles.

Dedicated study of the rivalry in the industry is covered, which includes market leaders, followers, and new entrants. Extensive primary research was conducted to acquire information and verify and confirm the crucial numbers arrived at after comprehensive Artificial Organ market engineering and calculations for market statistics; market size estimations, market forecasts, market breakdown and data triangulation. The secondary data was collected from the company’s annual reports, articles, paid and free databases, etc. To estimate the regional and global Artificial Organ market size, the bottom-up approach was used.

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Artificial Organ market Regional Insights

The report provides a comprehensive analysis of growth drivers, constraints, future prospects, and competitive landscape across all regions. The market is segmented by geography into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. The report also highlights the leading countries in each region along with their respective market projections.

Artificial Organ market Segmentation

With more than 70.9% of the market, artificial organs segment led the artificial organ market in 2022. Transplant demand for the liver, heart, kidney, and lung is propelling the market's expansion. The usual waiting period for a kidney transplant in the US is 5 years on average. Numerous aspects are taken into consideration while on the waiting list, such as body size, blood type, distance from a donor, and degree of disease. Manufacturers have created wearable artificial kidneys, bio-lungs, and artificial pancreas in an effort to address unmet demand.

The artificial bionics section is anticipated to expand at the fastest rate during the course of the forecast. The main reasons propelling the segment's growth include the rising demand for cochlear implants, eyesight, exoskeleton, limbs, and brain bionics.

Additionally, the expansion of the artificial organ market and the bionics business is being fueled by advantageous reimbursement policies and quicker FDA approval for implants. For instance, the US Food and Drug Administration authorized Cochlear Limited's Cochlear Nucleus Implants in January 2022 to treat single-sided deafness and unilateral hearing loss.

1 Global Artificial Organ Market, by Segment-A (2022-2029)

• Artificial Organs
o Kidney
o Heart
o Lungs
o Liver
o Pancreas
• Artificial Bionics
o Cochlear implant
o Exoskeleton
o Bionic limbs
o Vision bionics
o Brain bionics
2 Global Artificial Organ Market, by Segment-B (2022-2029)
• Mechanical bionics
• Electronic bionics
3 Global Artificial Organ Market, by Segment-C (2022-2029)
• Silicone
• Plastic
• Steel
• Biomaterials
4 Global Artificial Organ Market, by Segment-D (2022-2029)
• Hospitals
• Ambulatory Surgical Centers
• Laboratories and Diagnostic Centers
• Research and Academic Institute
• Others

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)

Key questions answered in the Artificial Organ market are:

What is Artificial Organ ?
What are the global trends in the Artificial Organ market ?
What was the Artificial Organ market Total Market size in 2023?
What is expected Artificial Organ market size by 2029?
Who held the largest market share in Artificial Organ market ?
Who are the leading companies and what are their portfolios in Artificial Organ market ?
What are the major challenges that the Artificial Organ market Industry could face in the future?
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Key Offerings:

Past Market Size and Competitive Landscape (2018 to 2022)
Past Pricing and price curve by region (2018 to 2022)
Industrial Manipulator Market Size, Share, Size & Forecast by different segment | 2023−2029
Industrial Manipulator Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
Industrial Manipulator Market Segmentation – A detailed analysis by Type, Application and Region
Competitive Landscape – Profiles of selected key players by region from a strategic perspective
Competitive landscape – Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER’s analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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