The global artificial organs market is expected to reach USD 32.62 Billion by 2027, according to a new report by Emergen Research. The market is experiencing rapid growth attributed to growing incidences of organ failure, especially kidney, liver, heart, lungs, and pancreas, among others. The primary benefits of artificial organs are that they provide an opportunity for mass production, along with reducing the chances of rejection by the human body. A rapid growth in demand for organ transplantation across the globe is owing to the growing prevalence of the failure of vital organs, along with the increasing success rate and improvement in post-transplant health conditions.
Furthermore, application of Porters Five Forces Analysis to determine the status of various aspects such as the capability of both the suppliers and customers, threats posed by different substitutes, the intensity of competition and promising new vendors makes the study a valuable resource. The researchers behind the market intelligence report examine the weaknesses, strengths, opportunities, and restraints expected to shape the progress of the Artificial Organs market for the forecast period, 2019 to 2026. The market intelligence report includes detailed statistics on market segmentation based on product value, application, classification, and sale.
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Top Companies Operating in the Artificial Organs Market and Profiled in the Report are:
Zimmer Biomet, Ekso Bionics, Boston Scientific Corporation, Abiomed Inc., Heartware International Inc., Cochlear Ltd., Berlin Heart GmbH, Medtronic, Nipro Corporation, and Baxter International, among others.
Objectives of the Report:
- Study of the global Artificial Organs market size by key regions, types, and applications with reference to historical data (2017-2018) and forecast (2020-2027)
- Industrial structure analysis of the Artificial Organs market by identification of various sub-segments
- Extensive analysis of key market players along with their SWOT analysis
- Competitive landscape benchmarking
- Analysis of Artificial Organs market based on growth trends, futuristic outlook, and contribution to the total growth of the market
- Analysis of drivers, constraints, opportunities, challenges, and risks in the global Artificial Organs market
- Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances
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Emergen Research has segmented the global artificial organs market on the basis of organ type, technology, material type, and region:
Organ Type Outlook (Revenue, USD Billion; 2017-2027)
- Artificial Kidney
- Artificial Liver
- Artificial Heart
- Artificial Lungs
- Artificial Pancreas
- Others
Usage Outlook (Revenue, USD Billion; 2017-2027)
- Implantable
- Extracorporeal
Material Type Outlook (Revenue, USD Billion; 2017-2027)
- Silicon
- Plastic
- Steel
- Others
In market segmentation by geographical regions, the report has analysed the following regions-
North America
Europe
Asia-Pacific
Middle East and Africa
Latin America
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