openPR Logo
Press release

Artificial Organs Market In-Depth Research Report 2016 - 2026

Artificial Organs Market

Artificial Organs Market

Artificial organs, as the name suggests, are unnatural devices or machines that replace various human organs, which suffer from malfunctioning or the loss of entire functioning ability. Usually formed from the respective human’s stem cells and later grown in laboratories, artificial organs have been changing the face of the medical world since the past few decades. However, innovation and developments of new artificial organs are still progressing, offering an optimistic growth prospects to the global artificial organs market in the near future.

Persistence Market Research has analyzed the historic, current, and futuristic growth conditions of the global artificial organs market. Our recently published report provides in-depth assessment of the market for a six-year forecast period, 2016 - 2026.

Read Report @ https://www.persistencemarketresearch.com/market-research/artificial-organs-market.asp

Global Artificial Organs Market: Drivers and Restraints

The ability of artificial organs to retain normal functioning of human organs, either temporarily or permanently, will continue to be the strongest factor driving the demand for artificial organs across the globe. Increasing prevalence of chronic disorders that affect one or multiple vital organs, is expected to be another key factor supporting the market growth. Growing incidences of accidents and severe injuries will also continue to fuel the demand for artificial organs. Technological advancements and rising acceptance of organ transplant technology worldwide, will collectively boost the market further. Besides growing geriatric population and rising life expectancy, increasing healthcare awareness among population will remain an important driver to the growth of artificial organs market.

However, certain prosthetic devices, including brain pacemaker, can hardly be repaired or restored by artificial organs. Unaffordable costs of artificial organs and the entire organ implant procedure may remain longstanding restraints to rapid market growth. Several developing regions are still facing a challenge due to uncertain reimbursement policies, which is expected to restrict the market penetration in near future. Moreover, relatively lower awareness about artificial organs and organ transplant, in addition to limited knowledge about the associated surgical procedures will also impede the growth of artificial organs market. Furthermore, maintaining efficiency and quality of artificial organs in the long run is a major challenge for the existing medical sector. This will continue to deter the market growth over the next few years as well.

Global Artificial Organs Market: Classification

Temporary artificial organs and permanent artificial organs

Bone or joint replacement – hip, knee, total limb, finger
Skin or soft tissue replacement – skin, muscles, breasts
Internal organs – heart, kidney, pancreas, liver, blood vessels
Sensory organs – ears, eyes
Global Artificial Organs Market: Trends and Opportunities

The advent of technology has introduced implantation of certain wearable artificial organs, such as pancreas and kidney. This trend will experience a strong boost, following the rising pool of patients suffering from diabetes and renal failure/dysfunctioning, fostering the demand for artificial kidney and pancreas respectively, since the past few decades. New opportunities in form of cost-effective or affordable artificial organs are expected to open doors for leading players, especially in emerging economies.

Global Artificial Organs Market: Regional Analysis

The report examines four key geographies in detail and offers important insights into the performance of each regional market, assessed for the aforementioned period.

North America (the U.S., Canada)
Europe (France, Germany, Italy, Spain, the U.K., Eastern Europe, and CIS)
APAC (China, India, Japan, Australia, and others)
Latin America (Argentina, Brazil, and others)
Currently, North America holds a dominant market share, followed by Europe. Growing geriatric population, increasing organ failure cases, and relatively higher spending on healthcare will remain the three key factors driving market growth in these regions. However, significant growth will be observed in Asian countries, attributed to improving healthcare infrastructure, growing healthcare budget, and flourishing medical tourism. Dense population is also a critical factor supporting the market in APAC.

Request Sample Report @ https://www.persistencemarketresearch.com/samples/4382

Global Artificial Organs Market: Key Players Analysis

A number of leading companies govern the competitive landscape of the global artificial organs market. Some of the key players include Biomet, Inc., Berlin Heart GmbH, ABIOMED, Inc., Asahi Kasei Medical Co., Ltd., HeartWare, Inc., Cochlear Ltd., and Thoratec Corporation. A few other notable companies participating in this market are Medtronic PLC., Ekso Bionics, and Ossur hf.

About Us

Persistence Market Research (PMR) is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. PMR boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients’ business needs.

PMR stands committed to bringing more accuracy and speed to clients’ business decisions. From ready-to-purchase market research reports to customized research solutions, PMR’s engagement models are highly flexible without compromising on its deep-seated research values.

Contact Us

Persistence Market Research
305 Broadway
7th Floor, New York City,
NY 10007, United States,
USA – Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com
Web: https://www.persistencemarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Artificial Organs Market In-Depth Research Report 2016 - 2026 here

News-ID: 836392 • Views:

More Releases from Persistance Market Research

Evolving Trends in the Insulin Pens Market: A Comprehensive Report
Evolving Trends in the Insulin Pens Market: A Comprehensive Report
Market Overview: The Insulin Pens Market has witnessed remarkable growth and innovation over the years. Insulin pens are medical devices used by individuals with diabetes to administer insulin easily and accurately. These devices have become an integral part of diabetes management, offering numerous advantages over traditional insulin delivery methods, such as syringes and vials. In 2022, the global market for insulin pens brought in US$ 16.2 billion in revenue and is predicted
Smart Machines Market to register growth at a CAGR of 20.1% throughout 2023-2033
The market for smart machines was valued at US$ 73,456.2 Mn in 2022, and it is expected to grow to US$ 5,44,986.6 Mn by the end of 2033. In 2023, the market for smart machines is expected to be worth US$ 87,045.6 Mn. From 2023 to 2033, the market for Smart Machines is expected to grow at a CAGR of 20.1%. The market for artificially intelligent machines and systems that can
Unified Cloud Communication and Collaboration Market will register a 11.1% CAGR by 2032
Unified Cloud Communication and Collaboration Market will register a 11.1% CAGR …
The global cloud collaboration market was valued at US$ 48 billion in 2022, and it is expected to grow at an 11.1% CAGR, likely reaching US$ 137.3 billion by the end of the forecast period, which runs from 2022 to 2032. The expansion of organizations' cross-border projects, increased productivity, and the rise of the bring your own device (BYOD) trend are some of the major factors expected to drive the
Optical Transceivers Market is Set to Grow At A CAGR Of 14.6 % By 2032
Optical Transceivers Market is Set to Grow At A CAGR Of 14.6 % By 2032
Persistence Market Research's new report "Optical Transceivers Market" examines the competitive landscape and the market's growth prospects in the coming years. The report of the Optical Transceivers market for the analysis period of 2023 - 2033 includes an in-depth study of some new and prominent industry trends, engagement analysis, and detailed regional analysis. Need More Insights on Competitor Analysis of the Smart Home Cloud Platform Market, Request for Sample https://www.persistencemarketresearch.com/samples/4798 Through

All 5 Releases


More Releases for Artificial

Global Artificial Intelligence Market, Global Artificial Intelligence Industry, …
Major players in the artificial intelligence market are Google, IBM, Baidu, Microsoft, Apple Inc., Ipsoft, NVIDIA Corporation, Samsung Electronics Co.Ltd, and Micro Strategy Inc. The Global Artificial Intelligence Market is expected to grow from USD 28.42 billion in 2019 to USD 40.74 billion in 2020 at a compound annual growth rate (CAGR) of 43.39%. The growth is mainly due to the COVID-19 health emergency across the globe that has led to
Artificial Iris Market - Industry Analysis, Size, Share, Growth, Trends, and For …
The global Artificial Iris Market is anticipated to gain the market worth of US$ 16.28 million by 2025, expanding at a CAGR of 6.39% during the forecast period 2019-2025. The natural pupil controls the amount of light that enters the eye and people with pupil or iris abnormalities may experience glare or haloes in sunlight or bright artificial light. Patients may also feel self-conscious about the appearance of their eyes
Global Artificial Organs Market Facts, Figures and Analytical Insights, 2018 to …
Artificial Organs Market Introduction Artificial organ is an engineered device or tissue that is implanted into the human body. These artificial organs replace a natural organ in order to duplicate a specific function so that the patient can return to a normal life. It is a medical device with biochemical or mechanical function such as lung, heart, liver, kidney, or neurosensory organs. Artificial organs are surgically implanted or are extra
Artificial Turf Market – Sophisticated Need 2025 | Artificial Lawn, GrassTex
Global Artificial Turf Market: Overview Artificial turf has garnered much popularity over the past decades due to the powerful appeal of many of its benefits. It has become a ubiquitous part of schools, colleges, municipalities, and state government buildings. Benefits such as the need for no garnish or irrigation, easy installation, and suitability in enclosed, arched, or enclosed spaces, wherein the lack of adequate sunshine may make the maintenance of natural
Artificial Turf Market – Global Need Assumptions 2025 | Artificial Lawn, Grass …
Global Artificial Turf Market: Snapshot Growth opportunities abound in the global market for artificial turf as residential and commercial property owners increasingly focus on ways of keeping lawns green even during the rising incidences of draughts across the globe. Along with providing an easy way of conserving the water otherwise spent on keeping natural grass alive, artificial grass, or artificial turf as it is often referred to, helps eliminate the need
Artificial Organ Bank Market, Artificial Organ Bank Industry, Global Artificial …
Latest industry research report on: Global Artificial Organ Bank Market : Industry Size, Share, Research, Reviews, Analysis, Strategies, Demand, Growth, Segmentation, Parameters, Forecasts Organ necessity is surpassing the supply of donated organs. Even today there are loads of patients waiting for organ transplant but not everyone can get it done due to the low supply of organ transplant.According to the American Transplant Foundation in United States about 123,000 patients are waiting