Press release
India Artificial Organs And Bionics Market 2021 Insights and Precise Outlook - Abiomed Inc, Asahi Kasei Medical Co. Ltd, Baxter International Inc.
India Artificial Organs And Bionics Market - Growth, Trends, And Forecast (2020 - 2025)The report presents an in-depth assessment of the India Artificial Organs And Bionics Market including enabling technologies, key trends, market drivers, challenges, standardization, regulatory landscape, deployment models, operator case studies, opportunities, future roadmap, value chain, ecosystem player profiles and strategies. The report also presents forecasts for India Artificial Organs And Bionics investments from 2020 till 2025.
The India Artificial Organs And Bionics market is highly competitive and consists of a number of major players. Top Companies like Abiomed Inc, Asahi Kasei Medical Co. Ltd, Baxter International Inc., Boston Scientific Corporation, Ekso Bionics Holdings Inc., Getinge AB, Medtronic PLC among others.
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Scope of the Report
Another primary factor is the scarcity of donor organs. The lack of availability of potential organs to transplant has been a major issue. The demand for organ donors is ever increasing, and is very high compared to the actual supply. According to Directorate General of Health Services, India, there are more than 200,000 people awaiting kidney transplantation in India, whereas, mere 15,000 get a kidney transplant. Advances in technology, and increased awareness of organ donation and transplantation have contributed to a high number of transplants.
Key Market Trends
Artificial Kidney Segment is Expected to Show Better Growth in the Forecast Years
Based on Artificial Organ, the market is segmented into Artificial Heart, Artificial Kidney, Artificial Lungs, Cochlear Implants and Other Organ Types. The high growth of the segment is attributed to large patient population and rising number of transplant surgeries. According to Directorate General of Health Services, in India, around 1.8 lakh people suffer from renal failure every year. Furthermore, in India Ayushman Bharat Scheme was launched by the government, the scheme aims to provide coverage of INR 5 lakh per family annually. Under this scheme, more than 1,300 ailments are covered including heart diseases, kidney and liver disorders, and diabetes. Thus, rising chronic diseases, organ failures and initiatives by government and various organizations are expected to drive the market in the forecast period.
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What are the market factors that are explained in the report?
–Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.
–Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
–Analytical Tools: India Artificial Organs And Bionics Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, feasibility study, and investment return analysis have been used to analyzed the growth of the key players operating in the market.
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The research includes historic data from 2015 to 2020 and forecasts until 2025 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs.
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