Europe Artificial Organ And Bionics Market Size, Share & Industry Trends Analysis Report By Product (Artificial Organs and Artificial Bionics), By Technology (Mechanical and Electronic), By Country and Growth Forecast, 2022 - 2028

Europe Artificial Organ And Bionics Market Size, Share & Industry Trends Analysis Report By Product (Artificial Organs and Artificial Bionics), By Technology (Mechanical and Electronic), By Country and Growth Forecast, 2022 - 2028

The Europe Artificial Organ And Bionics Market would witness market growth of 9.1% CAGR during the forecast period (2022-2028).

Artificial legs and arms, or prosthetics, are designed to provide amputees a semblance of normal function. Since prehistoric times, mechanical aids that enable amputees to regain their ability to walk or use two hands have likely been in use, with the peg leg being the most known example. Since then, artificial limb technology has advanced quickly. Artificial limbs can now be made out of stronger and lighter materials, like carbon fiber and new polymers, which reduces the amount of additional energy required to operate the limb. Artificial limbs now look considerably more realistic due to the addition of new materials.

Cardiovascular disorders are rapidly increasing in the region. According to the National Library of Medicine, in Europe, cardiovascular disease is already responsible for 4 million deaths each year. In the worst-affected nations of the European Union, central and eastern Europe has the highest rate of heart disease-related mortality. Heart disease has a significant negative impact on the economies of Europe. The annual cost of treating cardiovascular illness by EU governments was projected to be 74 billion euros at the campaign's summit this week in Brussels. Additional expenses brought on by decreased output and the financial consequences of illness and death total another 106 billion euros.

The statistics from the organization also highlight the fact that risk factors like obesity and diabetes are becoming more common across Europe. According to a 1997 poll conducted across the European Union, between 27 and 35% of people were overweight, while between 7 and 12% (in Italy, France, and the United Kingdom) were obese. Smoking continues to raise concerns because it contributes to 22% of male and 4% of female cardiovascular disease fatalities in Europe. In northern, southern, as well as western Europe, trends over the past 20 years indicate that the habit is dropping among males. However, in certain nations, women are now smoking almost as much as men, and teen tobacco use appears to be on the rise. Due to these factors, the demand for heart transplant surgeries in the region is being propelled. This factor would expedite the growth of the regional artificial organs and bionics market.

The Germany market dominated the Europe Artificial Organ And Bionics Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $2,607 million by 2028. The UK market is anticipated to grow at a CAGR of 8.2% during (2022 - 2028). Additionally, The France market would showcase a CAGR of 10% during (2022 - 2028).

Based on Product, the market is segmented into Artificial Organs (Kidney, Heart, Lungs, Liver, and Pancreas) and Artificial Bionics (Cochlear Implant, Bionic limbs, Exoskeleton, Vision bionics, and Brain bionics). Based on Technology, the market is segmented into Mechanical and Electronic. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Abiomed, Inc., Berlin Heart GmbH, Zimmer Biomet Holdings, Inc., Boston Scientific Corporation, Cochlear Ltd., Ekso Bionics Holdings, Inc., Jarvik Heart, Inc., Medtronic PLC, iWALKFree, Inc., and Edwards Lifesciences Corporation.

Scope of the Study

Market Segments covered in the Report:

By Product

  • Artificial Organs
  • Kidney
  • Heart
  • Lungs
  • Liver
  • Pancreas
  • Artificial Bionics
  • Cochlear Implant
  • Bionic limbs
  • Exoskeleton
  • Vision bionics
  • Brain bionics
By Technology
  • Mechanical
  • Electronic
By Country
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe
Companies Profiled
  • Abiomed, Inc.
  • Berlin Heart GmbH
  • Zimmer Biomet Holdings, Inc.
  • Boston Scientific Corporation
  • Cochlear Ltd.
  • Ekso Bionics Holdings, Inc.
  • Jarvik Heart, Inc.
  • Medtronic PLC
  • iWALKFree, Inc.
  • Edwards Lifesciences Corporation
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Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Artificial Organ And Bionics Market, by Product
1.4.2 Europe Artificial Organ And Bionics Market, by Technology
1.4.3 Europe Artificial Organ And Bionics Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market composition and scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Europe Artificial Organ And Bionics Market by Product
3.1 Europe Artificial Organs Market by Country
3.2 Europe Artificial Organ And Bionics Market by Artificial Organs Type
3.2.1 Europe Kidney Market by Country
3.2.2 Europe Heart Market by Country
3.2.3 Europe Lungs Market by Country
3.2.4 Europe Liver Market by Country
3.2.5 Europe Pancreas Market by Country
3.3 Europe Artificial Bionics Market by Country
3.4 Europe Artificial Organ And Bionics Market by Artificial Bionics Type
3.4.1 Europe Cochlear Implant Market by Country
3.4.2 Europe Bionic limbs Market by Country
3.4.3 Europe Exoskeleton Market by Country
3.4.4 Europe Vision bionics Market by Country
3.4.5 Europe Brain bionics Market by Country
Chapter 4. Europe Artificial Organ And Bionics Market by Technology
4.1 Europe Mechanical Market by Country
4.2 Europe Electronic Market by Country
Chapter 5. Europe Artificial Organ And Bionics Market by Country
5.1 Germany Artificial Organ And Bionics Market
5.1.1 Germany Artificial Organ And Bionics Market by Product
5.1.1.1 Germany Artificial Organ And Bionics Market by Artificial Organs Type
5.1.1.2 Germany Artificial Organ And Bionics Market by Artificial Bionics Type
5.1.2 Germany Artificial Organ And Bionics Market by Technology
5.2 UK Artificial Organ And Bionics Market
5.2.1 UK Artificial Organ And Bionics Market by Product
5.2.1.1 UK Artificial Organ And Bionics Market by Artificial Organs Type
5.2.1.2 UK Artificial Organ And Bionics Market by Artificial Bionics Type
5.2.2 UK Artificial Organ And Bionics Market by Technology
5.3 France Artificial Organ And Bionics Market
5.3.1 France Artificial Organ And Bionics Market by Product
5.3.1.1 France Artificial Organ And Bionics Market by Artificial Organs Type
5.3.1.2 France Artificial Organ And Bionics Market by Artificial Bionics Type
5.3.2 France Artificial Organ And Bionics Market by Technology
5.4 Russia Artificial Organ And Bionics Market
5.4.1 Russia Artificial Organ And Bionics Market by Product
5.4.1.1 Russia Artificial Organ And Bionics Market by Artificial Organs Type
5.4.1.2 Russia Artificial Organ And Bionics Market by Artificial Bionics Type
5.4.2 Russia Artificial Organ And Bionics Market by Technology
5.5 Spain Artificial Organ And Bionics Market
5.5.1 Spain Artificial Organ And Bionics Market by Product
5.5.1.1 Spain Artificial Organ And Bionics Market by Artificial Organs Type
5.5.1.2 Spain Artificial Organ And Bionics Market by Artificial Bionics Type
5.5.2 Spain Artificial Organ And Bionics Market by Technology
5.6 Italy Artificial Organ And Bionics Market
5.6.1 Italy Artificial Organ And Bionics Market by Product
5.6.1.1 Italy Artificial Organ And Bionics Market by Artificial Organs Type
5.6.1.2 Italy Artificial Organ And Bionics Market by Artificial Bionics Type
5.6.2 Italy Artificial Organ And Bionics Market by Technology
5.7 Rest of Europe Artificial Organ And Bionics Market
5.7.1 Rest of Europe Artificial Organ And Bionics Market by Product
5.7.1.1 Rest of Europe Artificial Organ And Bionics Market by Artificial Organs Type
5.7.1.2 Rest of Europe Artificial Organ And Bionics Market by Artificial Bionics Type
5.7.2 Rest of Europe Artificial Organ And Bionics Market by Technology
Chapter 6. Company Profiles
6.1 Medtronic PLC
6.1.1 Company overview
6.1.2 Financial Analysis
6.1.3 Segmental and Regional Analysis
6.1.4 Research & Development Expenses
6.2 Boston Scientific Corporation
6.2.1 Company Overview
6.2.2 Financial Analysis
6.2.3 Segmental and Regional Analysis
6.2.4 Research & Development Expense
6.2.5 SWOT Analysis
6.3 Abiomed, Inc.
6.3.1 Company Overview
6.3.2 Financial Analysis
6.3.3 Regional Analysis
6.3.4 Research & Development Expenses
6.4 Berlin Heart GmbH
6.4.1 Company Overview
6.5 Jarvik Heart, Inc.
6.5.1 Company Overview
6.6 Zimmer Biomet Holdings, Inc.
6.6.1 Company Overview
6.6.2 Financial Analysis
6.6.3 Segmental and Regional Analysis
6.6.4 Research & Development Expense
6.7 Cochlear Ltd.
6.7.1 Company Overview
6.7.2 Financial Analysis
6.7.3 Research & Development Expense
6.8 Ekso Bionics Holdings, Inc.
6.8.1 Company Overview
6.8.2 Financial Analysis
6.8.3 Segmental and Regional Analysis
6.8.4 Research & Development Expenses
6.9 iWALKFree, Inc.
6.9.1 Company Overview
6.10. Edwards Lifesciences Corporation
6.10.1 Company Overview
6.10.2 Financial Analysis
6.10.3 Regional Analysis
6.10.4 Research & Development Expenses

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