Global Artificial Organs Market 2024-2028
The artificial organs market is forecasted to grow by USD 14854.5 mn during 2023-2028, accelerating at a CAGR of 9.49% during the forecast period. The report on the artificial organs market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing prevalence of chronic disorders, shortage of organ donors, and growing demand for pacemakers and dialyzers.
Technavio's artificial organs market is segmented as below:
By Usage
- Implantable
- Extracorporeal
By Product
- Artificial heart
- Artificial kidney
- Cochlear implants
- Artificial pancreas
By Geographical Landscape
- North America
- Europe
- Asia
- Rest of World (ROW)
This study identifies the emergence of tah as one of the prime reasons driving the artificial organs market growth during the next few years. Also, technological advances in artificial organs and growing popularity of home hemodialysis will lead to sizable demand in the market.
The report on the artificial organs market covers the following areas:
- Artificial organs market sizing
- Artificial organs market forecast
- Artificial organs market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading artificial organs market vendors that include Abbott Laboratories, Asahi Kasei Corp., B.Braun SE, Baxter International Inc., BioTelemetry Inc., BIOTRONIK SE and Co. KG, BiVACOR Inc., Boston Scientific Corp., Cochlear Ltd., F. Hoffmann La Roche Ltd., Fresenius Medical Care AG and Co. KGaA, Insulet Corp., MED EL Elektromedizinische Gerate GmbH, Medtronic PLC, Nihon Kohden Corp., Nikkiso Co. Ltd., Nipro Corp., Sonova AG, SynCardia Systems LLC, and Tandem Diabetes Care Inc.. Also, the artificial organs market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. IT presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.