Artificial Organ And Bionics Market Size, Share Analysis And Global Industry Report 2023-2032

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

Artificial Organ And Bionics Market Size, Growth Rate, And Forecast:
The global artificial organ and bionics market size is expected to grow from $27.22 billion in 2022 to $30.32 billion in 2023 at a compound annual growth rate (CAGR) of 11.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, and affecting many markets across the globe. The global artificial organ and bionics market size is expected to reach $45.40 billion in 2027 at a CAGR of 10.6%.

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Artificial Organ And Bionics Market Drivers:
An increasing number of transplants is expected to propel the growth of the artificial organ and bionics market going forward. Transplant refers to the surgical procedure in a human or animal in which a body tissue or organ is transferred from a donor to a recipient or from one part of the body to another. Artificial organs are devices that have been implanted in the body for replacing the damaged organ and for performing specific functioning of the natural organ which helps the patient to lead a normal life as before.

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Artificial Organ And Bionics Market Segments
•By Product: Artificial Organs, Artificial Bionics
•By Fixation Type: Implantable And Externally-Worn, Cardiac Bionics And Brain Bionics
•By Technology: Mechanical Bionics, Electronic Bionics
•By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the artificial organ and bionics market.

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Artificial Organ And Bionics Market Key Players:
Major competitors in the artificial organ and bionics market include Abiomed Inc, Baxter International Inc, Berlin Heart GmbH, Boston Scientific Corporation, Ekso Bionics Holdings Inc, Ossur hf, Medtronic plc, Zimmer Biomet, Abbott Laboratories, Edward Lifesciences Corporation, Iwalk Inc, Jarvik Heart Inc, SynCardia Systems LLC, Nipro Corporation, Open Bionics Ltd, and Second Sight Medical Products Inc.

The Business Research Company's "Global Artificial Organ And Bionics Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.

The Table Of Content For The Artificial Organ And Bionics Market Include:
1. Executive Summary
2. Artificial Organ And Bionics Market Characteristics
3. Artificial Organ And Bionics Market Trends And Strategies
4. Artificial Organ And Bionics Market - Macro Economic Scenario
5. Artificial Organ And Bionics Market Size And Growth
....
26. Africa Artificial Organ And Bionics Market
27. Artificial Organ And Bionics Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Artificial Organ And Bionics Market
29. Artificial Organ And Bionics Market Future Outlook and Potential Analysis
30. Appendix

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