Global Artificial Organ Technology Market is expected to grow at 10.1% by 2025 | Sheer Analytics and Insights

Global Artificial Organ Technology market in terms of revenue is expected to grow at CAGR of 10.1% from 2018 to 2025 as per new market research report titled Global Artificial Organ Technology Market (by product- artificial liver, artificial pancreas, artificial heart, artificial kidney, bionic limbs, and others. By technology- prosthetics and bionics.) – Global industry analysis, size, share, growth, trends, and forecast, 2017 – 2025, by Sheer Analytics & Insights Pvt. Ltd.

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Artificial Organ is a technological creation or tissue, which is transplanted into a human body, to replace a natural organ, that has been damaged. Artificial Organ helps to duplicate or add a specific function, so that the patient can return to their old self, as soon as possible. The use of artificial organ technology helps a patient in lowering the time-consuming search, for a donor, which in turn saves the patient’s life. The reason is unavailability of donors when the patient needs them. The purpose of an artificial organ is to prevent immediate death, improve the patient’s quality of life, and help them to interact socially.

The market is estimated to have a rapid growth with the reason being the rise of the aging population of the world, scarcity of donors, organ failures, and higher motor related accidents. These reasons are also the key drivers for the artificial organ technology market. Another driver would be the growing knowledge among the public about the advancements in medical technology. Moreover, this market includes a replacement for the vital organs such as heart, liver, kidney, and pancreas. However, for the other organs, such as brain, ears, eyes, and exoskeletons, the market is called the bionics market.

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Additionally, the region which has the highest requirement for artificial organ technology is North America. The reason being they have advanced technologies and can afford it. Global artificial organ technology is expected to have a major impact on the Asia Pacific market. High population with an increase in the heart, kidney, and liver diseases creates a huge opportunity for the artificial organ technology market in the Asia-Pacific region. The artificial organ technology market in Europe is also witnessing huge growth owing to advance healthcare facility units.

In the recent market research reports that were published by Sheer Analytics & Insights, global artificial organ technology market has been segmented based on products and technology. The major products of global artificial organ technology market include artificial liver, artificial pancreas, artificial heart, artificial kidney, bionic limbs and others. Based on technology it is segmented as prosthetics and bionics. The market is also further segmented into geographical region North America, Middle East & Africa, Asia-Pacific, and Latin America.

Medtronic, Incorporated received approval for its latest medical technology- the Guardian Sensor 3. The Guardian Sensor 3 controls insulin delivery via the MiniMed 670G system, a hybrid closed looped system. This sensor is for people aged 14 and above with Type 1 diabetes. The Guardian Sensor 3 ensures a consistent and stedfast performance required for powering the MiniMed 670G system by incorporating diagnostic technology which monitors sensor health continuously.

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Alejandro Galindo, president of the Intensive Insulin Management division within the Diabetes Group at Medtronic said, "We are steadfast in our commitment to delivering both best-in-class clinical outcomes as well as best-in-class experiences for our customers. We are inspired by the many voices in the diabetes community who continue to shape our offerings in a meaningful way as we work to address the wide spectrum of needs within the community. We are very pleased to offer this added flexibility for those who rely on our therapies for their diabetes management needs."

The major companies in global artificial organ technology market include Biomet Inc., Esko Bionics, Baxter International Inc., Gambo AB, among others.

Global Artificial Organ Technology Market: By Product
• Artificial Liver
• Artificial Pancreas
• Artificial Heart
• Artificial Kidney
• Bionic Limbs
• Others
Global Artificial Organ Technology Market: By Technology
• Prosthetics
• Bionics
Global Artificial Organ Technology Market: By Geography
North America
• U.S.
• Canada
• Mexico
Europe
• U.K.
• France
• Germany
• Italy
• Rest of Europe
Asia Pacific
• India
• China
• Japan
• Rest of Asia Pacific
Middle East and Africa
• South Africa
• Rest of Middle East and Africa
Latin America
• Brazil
• Rest of Latin America

1 INTRODUCTION

1.1 MARKET SEGMENTATION

2 RESEARCH METHODOLOGY

2.1 ECOSYSTEM OF ARTIFICIAL ORGAN TECHNOLOGY MARKET

2.2 TOP-DOWN APPROACH

2.3 BOTTOM-UP APPROACH

2.4 ASSUMPTIONS

3 EXECUTIVE SUMMARY

3.1 GLOBAL ARTIFICIAL ORGAN TECHNOLOGY MARKET SNAPSHOT

3.2 GLOBAL ARTIFICIAL ORGAN TECHNOLOGY MARKET REVENUE, 2017– 2025(US$ MN)

4 MARKET OVERVIEW

4.1 INTRODUCTION

4.2 KEY TRENDS ANALYSIS

4.3 PRODUCT DEVELOPMENT AND DIVERSIFICATION ANALYSIS

4.4 PORTERS FIVE FORCE ANALYSIS

4.5 VALUE CHAIN ANALYSIS

4.6 COMPETITIVE LANDSCAPE

4.7 COMPANY MARKET SHARE ANALYSIS

4.8 EXPANSION STRATEGIES ADOPTED BY LEADING PLAYERS

5 GLOBAL ARTIFICIAL ORGAN TECHNOLOGY MARKET, BY PRODUCT

5.1 OVERVIEW

5.2 ARTIFICIAL LIVER

5.3 ARTIFICIAL PANCREAS

5.4 ARTIFICIAL HEART

5.5 ARTIFICIAL KIDNEY

5.6 BIONIC LIMBS

5.7 OTHERS

6 GLOBAL ARTIFICIAL ORGAN TECHNOLOGY MARKET, BY TECHNOLOGY

6.1 OVERVIEW

6.2 PROSTHETIC

6.3 BIONICS

7 GLOBAL ARTIFICIAL ORGAN TECHNOLOGY MARKET, BY GEOGRAPHY

7.1 NORTH AMERICA

7.1.1 MARKET DYNAMICS

7.1.1.1 DRIVERS

7.1.1.2 RESTRAINS

7.1.1.3 OPPORTUNITY

7.1.2 U.S.

7.1.3 CANADA

7.1.4 MEXICO

7.2 EUROPE

7.2.1 MARKET DYNAMICS

7.2.1.1 DRIVERS

7.2.1.2 RESTRAINS

7.2.1.3 OPPORTUNITY

7.2.2 U.K.

7.2.3 FRANCE

7.2.4 GERMANY

7.2.5 SPAIN

7.2.6 REST OF EUROPE

7.3 ASIA PACIFIC

7.3.1 MARKET DYNAMICS

7.3.1.1 DRIVERS

7.3.1.2 RESTRAINS

7.3.1.3 OPPORTUNITY

7.3.2 INDIA

7.3.3 CHINA

7.3.4 JAPAN

7.3.5 REST OF ASIA PACIFIC

7.4 MIDDLE EAST AND AFRICA

7.4.1 MARKET DYNAMICS

7.4.1.1 DRIVERS

7.4.1.2 RESTRAINS

7.4.1.3 OPPORTUNITY

7.4.2 SOUTH AFRICA

7.4.3 REST OF MIDDLE EAST AND AFRICA

7.5 LATIN AMERICA

7.5.1 MARKET DYNAMICS

7.5.1.1 DRIVERS

7.5.1.2 RESTRAINS

7.5.1.3 OPPORTUNITY

7.5.2 BRAZIL

7.5.3 REST OF LATIN AMERICA

8 COMPETITIVE LANDSCAPE

8.1 OVERVIEW

8.2 NEW PRODUCT LAUNCHES

9 GLOBAL ARTIFICIAL ORGAN TECHNOLOGY MARKET, BY COMPANY

9.1 INTRODUCTION

9.2 MEDTRONIC INC.

9.2.1 BUSINESS OVERVIEW

9.2.2 PRODUCTS & SERVICES

9.2.3 KEY STRATEGY

9.2.4 RECENT DEVELOPMENTS

9.2.5 SWOT ANALYSIS

9.3 BAXTER INTERNATIONAL INC.

9.3.1 BUSINESS OVERVIEW

9.3.2 PRODUCTS & SERVICES

9.3.3 KEY STRATEGY

9.3.4 RECENT DEVELOPMENTS

9.3.5 SWOT ANALYSIS

9.4 COCHLEAR LTD.

9.4.1 BUSINESS OVERVIEW

9.4.2 PRODUCTS & SERVICES

9.4.3 KEY STRATEGY

9.4.4 RECENT DEVELOPMENTS

9.4.5 SWOT ANALYSIS

9.5 THORATEC CORPORATION

9.5.1 BUSINESS OVERVIEW

9.5.2 PRODUCTS & SERVICES

9.5.3 KEY STRATEGY

9.5.4 RECENT DEVELOPMENTS

9.5.5 SWOT ANALYSIS

9.6 GAMBRO AB

9.6.1 BUSINESS OVERVIEW

9.6.2 PRODUCTS & SERVICES

9.6.3 KEY STRATEGY

9.6.4 RECENT DEVELOPMENTS

9.6.5 SWOT ANALYSIS

9.7 EKSO BIONICS

9.7.1 BUSINESS OVERVIEW

9.7.2 PRODUCTS & SERVICES

9.7.3 KEY STRATEGY

9.7.4 RECENT DEVELOPMENTS

9.7.5 SWOT ANALYSIS

9.8 BIOMET INC.

9.8.1 BUSINESS OVERVIEW

9.8.2 PRODUCTS & SERVICES

9.8.3 KEY STRATEGY

9.8.4 RECENT DEVELOPMENTS

9.8.5 SWOT ANALYSIS

9.9 NANO RETINA INC.

9.9.1 BUSINESS OVERVIEW

9.9.2 PRODUCTS & SERVICES

9.9.3 KEY STRATEGY

9.9.4 RECENT DEVELOPMENTS

9.9.5 SWOT ANALYSIS

9.10 BERLIN HEART GMBH

9.10.1 BUSINESS OVERVIEW

9.10.2 PRODUCTS & SERVICES

9.10.3 KEY STRATEGY

9.10.4 RECENT DEVELOPMENTS

9.10.5 SWOT ANALYSIS



LIST OF TABLES

TABLE 1 GLOBAL ARTIFICIAL ORGAN TECHNOLOGY MARKET SIZE, 2017-2025 (USD MN)

TABLE 2 GLOBAL ARTIFICIAL ORGAN TECHNOLOGY MARKET, BY PRODUCT

TABLE 3 GLOBAL ARTIFICIAL ORGAN TECHNOLOGY MARKET, BY TECHNOLOGY

TABLE 4 NEW PRODUCT LAUNCHES, 2017-2025

TABLE 5 NORTH AMERICA ARTIFICIAL ORGAN TECHNOLOGY MARKET SIZE, 2017-2025 (USD MN)

TABLE 6 NORTH AMERICA ARTIFICIAL ORGAN TECHNOLOGY MARKET, BYPRODUCT

TABLE 7 NORTH AMERICA ARTIFICIAL ORGAN TECHNOLOGY MARKET, BY TECHNOLOGY

TABLE 8 EUROPE ARTIFICIAL ORGAN TECHNOLOGY MARKET SIZE, 2017-2025 (USD MN)

TABLE 9 EUROPE ARTIFICIAL ORGAN TECHNOLOGY MARKET, BYPRODUCT

TABLE 10 EUROPE ARTIFICIAL ORGAN TECHNOLOGY MARKET, BY TECHNOLOGY

TABLE 11 ASIA-PACIFIC ARTIFICIAL ORGAN TECHNOLOGY MARKET SIZE, 2017-2025 (USD MN)

TABLE 12 ASIA-PACIFIC ARTIFICIAL ORGAN TECHNOLOGY MARKET, BY PRODUCT

TABLE 13 ASIA-PACIFIC ARTIFICIAL ORGAN TECHNOLOGY MARKET, BY TECHNOLOGY

TABLE 14 MIDDLE EAST AND AFRICA ARTIFICIAL ORGAN TECHNOLOGY MARKET SIZE, 2017-2025 (USD MN)

TABLE 15 MIDDLE EAST AND AFRICA ARTIFICIAL ORGAN TECHNOLOGY MARKET, BY PRODUCT

TABLE 16 MIDDLE EAST AND AFRICA ARTIFICIAL ORGAN TECHNOLOGY MARKET, BY TECHNOLOGY

TABLE 17 LATIN AMERICA ARTIFICIAL ORGAN TECHNOLOGY MARKET SIZE, 2017-2025 (USD MN)

TABLE 18 LATIN AMERICA ARTIFICIAL ORGAN TECHNOLOGY MARKET, BYPRODUCT

TABLE 19 LATIN AMERICA ARTIFICIAL ORGAN TECHNOLOGY MARKET, BY TECHNOLOGY



LIST OF FIGURES



FIGURE 1 MARKET SEGMENT

FIGURE 2 MARKET INTEGRATED ECOSYSTEM

FIGURE 3 TOP-DOWN APPROACH

FIGURE 4 BOTTOM-UP APPROACH

FIGURE 5 NORTH AMERICA ARTIFICIAL ORGAN TECHNOLOGY MARKET SNAPSHOT

FIGURE 6 SWOT ANALYSIS

FIGURE 7 EUROPE ARTIFICIAL ORGAN TECHNOLOGY MARKET SNAPSHOT

FIGURE 8 ASIA-PACIFIC ARTIFICIAL ORGAN TECHNOLOGY MARKET SNAPSHOT

FIGURE 9 MIDDLE EAST AND AFRICA ARTIFICIAL ORGAN TECHNOLOGY MARKET SNAPSHOT

FIGURE 10 LATIN AMERICA ARTIFICIAL ORGAN TECHNOLOGY MARKET SNAPSHOT

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