Press release
Artificial Organ And Bionics Market Is Projected To Grow Swiftly Owing To Rising Prevalence Of Acute Renal Failure And Renal Disorders Due To Lifestyle Habits As Excessive Alcohol Consumption Till 2020
Further key findings from the study suggest:
• Brain bionics in the medical bionics market held the largest share of revenue for the year 2013 and the market is expected to grow at an estimated CAGR of 40.0%.The presence of high unmet medical needs in neurology disease segment coupled with expensive treatment procedures is expected to drive the market for brain bionics. Exoskeleton is the fastest growing segment and is expected to grow at a CAGR of 16.0% from 2014 to 2020.
• North America was the largest regional market in 2013, accounting for over 42.0% of global revenue due to the increasing population and awareness among the patients and the players.
• Asia Pacific is the fastest growing market and is expected to grow at a CAGR of 11.0% from 2014 to 2020 on account of rising demand due to the improvement in healthcare facilities, medical tourism and others.Increasing income levels and healthcare expenditure is expected to interest of the players’ in the emerging markets.
• Key industry participants include Abiomed Inc., Asahi Kasei Kuraray Medical Co. Ltd., Thoratec Corporation, WorldHeart Corp., Gambro AB and others.
For the purpose of this study, Grand View Research has segmented the global artificial organ and bionics market on the basis of product, technology and region:
• • Artificial Organ Product Outlook
• Artificial organs
• Total artificial heart
• Artificial liver
• Artificial pancreas
• Artificial lungs
• Artificial kidney
• Bionics
• Cochlear implants
• Exoskeletons
• Cardiac bionics
• Heart valves
• Biological tissue valves
• Mechanical valves
• Transcatheter heart valves
• Ventricular assist device
• Bionic limbs
• Bionic legs
• Bionic hands
• Brain bionics
• Deep brain stimulators
• Spinal cord stimulators
• Vagus nerves stimulators
• Vision bionics
• Artificial Organ Technology Outlook
• Mechanical bionics
• Electronic bionics
• Artificial Organ Regional Outlook
• North America
• Europe
• Asia Pacific
• RoW
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
Press Contact
Sherry James- Corporate Relations Specialist
Grand View Research, Inc.
28 2nd Street, Suite 3036
San Francisco, CA 94105
United States
Phone- 1-415-349-0058
sales@grandviewresearch.com
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