Global Wearable Artificial Organs Market Size Study & Forecast, By Product (Kidneys, Pancreas, Others) by Application (Diabetes, End Stage Renal Disease, Others), By End-user (Hospitals & ASCs, Specialty Clinics, Others) and Regional Analysis, 2023-2030

Global Wearable Artificial Organs Market Size Study & Forecast, By Product (Kidneys, Pancreas, Others) by Application (Diabetes, End Stage Renal Disease, Others), By End-user (Hospitals & ASCs, Specialty Clinics, Others) and Regional Analysis, 2023-2030


Global Wearable Artificial Organs Market is valued at approximately USD XX billion in 2022 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2023-2030. Wearable artificial organs represent a groundbreaking frontier in medical technology, offering a revolutionary approach to managing chronic diseases and improving the quality of life for patients. These devices, often leveraging advancements in materials science, electronics, and biotechnology, are designed to mimic the function of vital organs and seamlessly integrate into the wearer's daily life. Wearable artificial organs are portable, lightweight, and non-invasive, providing patients with greater mobility, autonomy, and comfort. The Wearable Artificial Organs market is expanding because of factors such as the rising incidence of chronic diseases, the rising incidence of organ failure, and the increasing number of geriatric populations.

The increasing prevalence of chronic diseases such as heart failure, renal failure, diabetes, and respiratory disorders has created a growing demand for innovative treatment options. Wearable artificial organs offer a promising alternative to traditional therapies, providing continuous or on-demand support to patients with chronic conditions. The Centers for Disease Control and Prevention (CDC) reported that 37 million Americans, or more than 1 in 7 persons, had chronic kidney disease in 2021. Similarly, as per a report by the National Health Portal of the Indian Government in July 2022, the prevalence of end-stage renal disease (ESRD) in India is leading to a significant rise in the number of new patients, estimated at approximately 0.22 million each year. Moreover, as per data released by the National Institute of Health in 2023, approximately 37 million individuals in the United States grapple with chronic kidney diseases. Among them, nearly 808,000 people in the nation are afflicted by end-stage kidney disease, with 69% undergoing dialysis treatment and the remaining 31% having received a kidney transplant. Thus, the rising prevalence of chronic disease across the globe is fostering market growth. In addition, rising technological advancement, and rising government spending on healthcare technologies are creating new opportunities for market growth. However, the lack of reimbursement policies and the high cost of Wearable Artificial Organs stifles market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Wearable Artificial Organs Market study include Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022. The region is poised to experience a surge in product launches and advancements in 3D printing technology. Moreover, heightened research and development spending, coupled with expedited FDA approvals for these devices, are driving demand in the area. Additionally, the region benefits from the presence of key industry players and advanced healthcare infrastructure, further bolstering demand. Within North America, the U.S. stands out as a market leader, attributed to factors such as its substantial patient population, favorable reimbursement policies, and a growing scarcity of organ donors. Asia Pacific is expected to grow at the fastest rate during the forecast period, owing to its extensive patient base and notable rates of organ failure, the region is experiencing heightened growth. Moreover, significant advancements in medical technology, particularly in 3D printing and artificial intelligence, are further fueling this expansion.

Major market players included in this report are:
Second Sight Medical Products, Inc. (United States)
Cochlear Ltd. (Australia)
Abbott Laboratories (United States)
Boston Scientific Corporation (United States)
Retina Implant AG (Germany)
ReWalk Robotics (United States)
Rex Bionics Plc (New Zealand)
Suit X (U.S. Bionics Inc.) (United States)
Lockheed Martin Corporation (United States)
Touch Bionics, Inc. (United States)

Recent Developments in the Market:
 In September 2023, AWAK Technologies secured USD 20.0 million to fund a pivotal trial aimed at introducing a wearable dialysis device into the U.S. market.
 In August 2023, Cochlear Ltd. unveiled its latest innovation, the Osia System featuring the Osia OSI300 Implant. This cutting-edge system enables patients to undergo a 3.0 Tesla MRI without the need for surgical intervention. The Osia System is a significant advancement in auditory healthcare for people with impairments, including hearing loss, mixed hearing loss, and single-sided sensorineural deafness (SSD).

Global Wearable Artificial Organs Market Report Scope:
 Historical Data – 2020 - 2021
 Base Year for Estimation – 2022
 Forecast period - 2023-2030
 Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
 Segments Covered – Product, Application, End-user, Region
 Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa

The objective of the study is to define the market sizes of different segments & countries in recent years and to forecast the values for the coming years. The report is designed to incorporate qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters to detailed information about the crucial aspects such as driving factors & challenges that will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with a detailed analysis of the competitive landscape and product offerings of key players.

The detailed segments and sub-segment of the market are explained below:

By Product:
Kidneys
Pancreas
Others
By Application:
Diabetes
End Stage Renal Disease
Others
By End User:
Hospitals & ASCs
Specialty Clinics
Others

By Region:

North America
U.S.
Canada

Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC

Latin America
Brazil
Mexico

Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.


Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
1.2.1. Wearable Artificial Organs Market, by Region, 2020-2030 (USD Billion)
1.2.2. Wearable Artificial Organs Market, by Product, 2020-2030 (USD Billion)
1.2.3. Wearable Artificial Organs Market, by Application, 2020-2030 (USD Billion)
1.2.4. Wearable Artificial Organs Market, by End-user, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Wearable Artificial Organs Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Industry Evolution
2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Wearable Artificial Organs Market Dynamics
3.1. Wearable Artificial Organs Market Impact Analysis (2020-2030)
3.1.1. Market Drivers
3.1.1.1. Rising Incidence of Chronic Disease
3.1.1.2. Rising Incidence of Organ Failure
3.1.1.3. Increasing Geriatric Population
3.1.2. Market Challenges
3.1.2.1. Lack of Reimbursement Policies
3.1.2.2. High Cost of Wearable Artificial Organs
3.1.3. Market Opportunities
3.1.3.1. Rising Technological Advancement in Wearable Artificial Organs
3.1.3.2. Rising Government Spending on Healthcare Technologies
Chapter 4. Global Wearable Artificial Organs Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Porter’s 5 Force Impact Analysis
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economical
4.3.3. Social
4.3.4. Technological
4.3.5. Environmental
4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion
Chapter 5. Global Wearable Artificial Organs Market, by Product
5.1. Market Snapshot
5.2. Global Wearable Artificial Organs Market by Product, Performance - Potential Analysis
5.3. Global Wearable Artificial Organs Market Estimates & Forecasts by Product 2020-2030 (USD Billion)
5.4. Wearable Artificial Organs Market, Sub Segment Analysis
5.4.1. Kidneys
5.4.2. Pancreas
5.4.3. Others
Chapter 6. Global Wearable Artificial Organs Market, by Application
6.1. Market Snapshot
6.2. Global Wearable Artificial Organs Market by Application, Performance - Potential Analysis
6.3. Global Wearable Artificial Organs Market Estimates & Forecasts by Application 2020-2030 (USD Billion)
6.4. Wearable Artificial Organs Market, Sub Segment Analysis
6.4.1. Diabetes
6.4.2. End Stage Renal Disease
6.4.3. Others
Chapter 7. Global Wearable Artificial Organs Market, by End-user
7.1. Market Snapshot
7.2. Global Wearable Artificial Organs Market by End-user, Performance - Potential Analysis
7.3. Global Wearable Artificial Organs Market Estimates & Forecasts by End-user 2020-2030 (USD Billion)
7.4. Wearable Artificial Organs Market, Sub Segment Analysis
7.4.1. Hospitals & ASCs
7.4.2. Specialty Clinics
7.4.3. Others
Chapter 8. Global Wearable Artificial Organs Market, Regional Analysis
8.1. Top Leading Countries
8.2. Top Emerging Countries
8.3. Wearable Artificial Organs Market, Regional Market Snapshot
8.4. North America Wearable Artificial Organs Market
8.4.1. U.S. Wearable Artificial Organs Market
8.4.1.1. Product breakdown estimates & forecasts, 2020-2030
8.4.1.2. Application breakdown estimates & forecasts, 2020-2030
8.4.1.3. End-user breakdown estimates & forecasts, 2020-2030
8.4.2. Canada Wearable Artificial Organs Market
8.5. Europe Wearable Artificial Organs Market Snapshot
8.5.1. U.K. Wearable Artificial Organs Market
8.5.2. Germany Wearable Artificial Organs Market
8.5.3. France Wearable Artificial Organs Market
8.5.4. Spain Wearable Artificial Organs Market
8.5.5. Italy Wearable Artificial Organs Market
8.5.6. Rest of Europe Wearable Artificial Organs Market
8.6. Asia-Pacific Wearable Artificial Organs Market Snapshot
8.6.1. China Wearable Artificial Organs Market
8.6.2. India Wearable Artificial Organs Market
8.6.3. Japan Wearable Artificial Organs Market
8.6.4. Australia Wearable Artificial Organs Market
8.6.5. South Korea Wearable Artificial Organs Market
8.6.6. Rest of Asia Pacific Wearable Artificial Organs Market
8.7. Latin America Wearable Artificial Organs Market Snapshot
8.7.1. Brazil Wearable Artificial Organs Market
8.7.2. Mexico Wearable Artificial Organs Market
8.8. Middle East & Africa Wearable Artificial Organs Market
8.8.1. Saudi Arabia Wearable Artificial Organs Market
8.8.2. South Africa Wearable Artificial Organs Market
8.8.3. Rest of Middle East & Africa Wearable Artificial Organs Market
Chapter 9. Competitive Intelligence
9.1. Key Company SWOT Analysis
9.1.1. Company 1
9.1.2. Company 2
9.1.3. Company 3
9.2. Top Market Strategies
9.3. Company Profiles
9.3.1. Second Sight Medical Products, Inc. (United States)
9.3.1.1. Key Information
9.3.1.2. Overview
9.3.1.3. Financial (Subject to Data Availability)
9.3.1.4. Product Summary
9.3.1.5. Recent Developments
9.3.2. Cochlear Ltd. (Australia)
9.3.3. Abbott Laboratories (United States)
9.3.4. Boston Scientific Corporation (United States)
9.3.5. Retina Implant AG (Germany)
9.3.6. ReWalk Robotics (United States)
9.3.7. Rex Bionics Plc (New Zealand)
9.3.8. Suit X (U.S. Bionics Inc.) (United States)
9.3.9. Lockheed Martin Corporation (United States)
9.3.10. Touch Bionics, Inc. (United States)
Chapter 10. Research Process
10.1. Research Process
10.1.1. Data Mining
10.1.2. Analysis
10.1.3. Market Estimation
10.1.4. Validation
10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption
List of Tables
TABLE 1. Global Wearable Artificial Organs Market, report scope
TABLE 2. Global Wearable Artificial Organs Market estimates & forecasts by Region 2020-2030 (USD Billion)
TABLE 3. Global Wearable Artificial Organs Market estimates & forecasts by Product 2020-2030 (USD Billion)
TABLE 4. Global Wearable Artificial Organs Market estimates & forecasts by Application 2020-2030 (USD Billion)
TABLE 5. Global Wearable Artificial Organs Market estimates & forecasts by End-user 2020-2030 (USD Billion)
TABLE 6. Global Wearable Artificial Organs Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 7. Global Wearable Artificial Organs Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 8. Global Wearable Artificial Organs Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 9. Global Wearable Artificial Organs Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 10. Global Wearable Artificial Organs Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 11. Global Wearable Artificial Organs Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 12. Global Wearable Artificial Organs Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 13. Global Wearable Artificial Organs Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 14. Global Wearable Artificial Organs Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 15. Global Wearable Artificial Organs Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 16. U.S. Wearable Artificial Organs Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 17. U.S. Wearable Artificial Organs Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 18. U.S. Wearable Artificial Organs Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 19. Canada Wearable Artificial Organs Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 20. Canada Wearable Artificial Organs Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 21. Canada Wearable Artificial Organs Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 22. UK Wearable Artificial Organs Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 23. UK Wearable Artificial Organs Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 24. UK Wearable Artificial Organs Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 25. Germany Wearable Artificial Organs Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 26. Germany Wearable Artificial Organs Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 27. Germany Wearable Artificial Organs Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 28. France Wearable Artificial Organs Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 29. France Wearable Artificial Organs Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 30. France Wearable Artificial Organs Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 31. Italy Wearable Artificial Organs Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 32. Italy Wearable Artificial Organs Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 33. Italy Wearable Artificial Organs Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 34. Spain Wearable Artificial Organs Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 35. Spain Wearable Artificial Organs Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 36. Spain Wearable Artificial Organs Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 37. RoE Wearable Artificial Organs Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 38. RoE Wearable Artificial Organs Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 39. RoE Wearable Artificial Organs Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 40. China Wearable Artificial Organs Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 41. China Wearable Artificial Organs Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 42. China Wearable Artificial Organs Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 43. India Wearable Artificial Organs Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 44. India Wearable Artificial Organs Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 45. India Wearable Artificial Organs Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 46. Japan Wearable Artificial Organs Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 47. Japan Wearable Artificial Organs Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 48. Japan Wearable Artificial Organs Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 49. South Korea Wearable Artificial Organs Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 50. South Korea Wearable Artificial Organs Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 51. South Korea Wearable Artificial Organs Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 52. Australia Wearable Artificial Organs Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 53. Australia Wearable Artificial Organs Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 54. Australia Wearable Artificial Organs Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 55. RoAPAC Wearable Artificial Organs Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 56. RoAPAC Wearable Artificial Organs Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 57. RoAPAC Wearable Artificial Organs Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 58. Brazil Wearable Artificial Organs Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 59. Brazil Wearable Artificial Organs Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 60. Brazil Wearable Artificial Organs Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 61. Mexico Wearable Artificial Organs Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 62. Mexico Wearable Artificial Organs Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 63. Mexico Wearable Artificial Organs Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 64. RoLA Wearable Artificial Organs Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 65. RoLA Wearable Artificial Organs Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 66. RoLA Wearable Artificial Organs Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 67. Saudi Arabia Wearable Artificial Organs Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 68. Saudi Arabia Wearable Artificial Organs Market estimates & forecasts, by Segment 2020-2030 (USD Billion)
TABLE 69. South Africa Wearable Artificial Organs Market estimates & forecasts 2020-2030 (USD Billion)
TABLE 70. South Africa Wearable Artificial Organs Market estimates & forecasts 2020-2030 (USD Billion)
TABLE 71. South Africa Wearable Artificial Organs Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 72. RoMEA Wearable Artificial Organs Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 73. List of secondary sources, used in the study of global Wearable Artificial Organs Market
TABLE 74. List of primary sources, used in the study of global Wearable Artificial Organs Market
TABLE 75. Years considered for the study
TABLE 76. Exchange rates considered
List of tables and figures and dummy in nature, final lists may vary in the final deliverable
List of figures
FIGURE 1. Global Wearable Artificial Organs Market, research methodology
FIGURE 2. Global Wearable Artificial Organs Market, Market estimation techniques
FIGURE 3. Global Market size estimates & forecast methods
FIGURE 4. Global Wearable Artificial Organs Market, key trends 2022
FIGURE 5. Global Wearable Artificial Organs Market, growth prospects 2023-2030
FIGURE 6. Global Wearable Artificial Organs Market, porters 5 force model
FIGURE 7. Global Wearable Artificial Organs Market, pest analysis
FIGURE 8. Global Wearable Artificial Organs Market, value chain analysis
FIGURE 9. Global Wearable Artificial Organs Market by segment, 2020 & 2030 (USD Billion)
FIGURE 10. Global Wearable Artificial Organs Market by segment, 2020 & 2030 (USD Billion)
FIGURE 11. Global Wearable Artificial Organs Market by segment, 2020 & 2030 (USD Billion)
FIGURE 12. Global Wearable Artificial Organs Market by segment, 2020 & 2030 (USD Billion)
FIGURE 13. Global Wearable Artificial Organs Market by segment, 2020 & 2030 (USD Billion)
FIGURE 14. Global Wearable Artificial Organs Market, regional snapshot 2020 & 2030
FIGURE 15. North America Wearable Artificial Organs Market 2020 & 2030 (USD Billion)
FIGURE 16. Europe Wearable Artificial Organs Market 2020 & 2030 (USD Billion)
FIGURE 17. Asia Pacific Wearable Artificial Organs Market 2020 & 2030 (USD Billion)
FIGURE 18. Latin America Wearable Artificial Organs Market 2020 & 2030 (USD Billion)
FIGURE 19. Middle East & Africa Wearable Artificial Organs Market 2020 & 2030 (USD Billion)
List of tables and figures and dummy in nature, final lists may vary in the final deliverable

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