The global artificial
organs and bionics market for the period 2016-2021 is expected to account for
USD XX billion, growing at a CAGR of XX% from USD XX billion in 2016.
Artificial organs and bionics are man-made devices that can be implanted or
integrated into humans to either replace a natural organ or provide support for
the purpose of restoring a specific function or a group of related functions so
that the patient may return to normal life as soon as possible.
Artificial organs are mechanical devices that can temporarily or permanently substitute for a body organ. Bionics provide support and can be both implantable and externally worn to restore certain bodily functions.
Artificial organs are mechanical devices that can temporarily or permanently substitute for a body organ. Bionics provide support and can be both implantable and externally worn to restore certain bodily functions.
Global Artificial Organs and Bionics Market-Market Dynamics
The report details several factors that drive and restrain the market. In addition, the study also discusses the opportunities and challenges that the market players face. Some of these are listed below.
Drivers
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The global artificial
and bionic market is driven by various factors like:
Increasing rate of organ failures due to age-related disorders
Lack of organ donors
Technological advancements
High incidence of road accidents and injuries leading to amputations
Restraints
Some of the factors that are restraining the market in spite of ample scope for growth are:
Cost of the procedure
Fear of device malfunction and its consequence
Limited skilled personnel to carry out the procedures
Opportunities and Challenges
Increasing rate of organ failures due to age-related disorders
Lack of organ donors
Technological advancements
High incidence of road accidents and injuries leading to amputations
Restraints
Some of the factors that are restraining the market in spite of ample scope for growth are:
Cost of the procedure
Fear of device malfunction and its consequence
Limited skilled personnel to carry out the procedures
Opportunities and Challenges
The increase in income and rise in awareness in developing countries and the scope of artificial organs in therapeutics are some of the important opportunities for market players. However, they face the challenge of dealing with the side effects like skin irritation and also the high chance of a transplant rejection.
The global artificial
and bionic market is segmented based on product, technology, and type of
fixation. Base on the product, the market is segmented into artificial organs
(heart, kidney, liver, pancreas, and lungs) and bionics. The bionic market is
further sub-segmented into vision bionics (bionic eye), ear bionics (cochlear
implant, Bone Anchored Hearing Aid), orthopedic bionics (bionic limb, bionic
finger, bionic leg, electrical bone growth stimulators and exoskeleton),
cardiac bionics (heart valves, ventricular assisted device, pacemaker) and
brain bionics (deep brain stimulators, spinal cord stimulators and vagus nerve
stimulators). Based on technology, the market is segmented into electronic and
mechanical bionics. Based on the type of fixation, the market is segmented into
implantable and externally worn.
Based on geographical
location, the artificial organ and bionic market can be divided into North
America (USA, Canada and Mexico), Europe (France, UK, Germany, Spain, Portugal,
Scandinavia and Italy), Asia-Pacific (India, China, Japan, South Korea,
Australia, and New Zealand), Middle East and Africa (GCC, Egypt) and Latin
America (Brazil and Argentina).
Some of the key players in the market are:
Berlin Heart GmbH
Boston Scientific Corporation
Esko Bionics
F Hoffman-La Roche Ltd.
Gambro AB
Jarvik Heart Inc.
Lifenet Health
Thoratec Corporation
Worldheart Corporation
Key Deliverables in the Study
Some of the key players in the market are:
Berlin Heart GmbH
Boston Scientific Corporation
Esko Bionics
F Hoffman-La Roche Ltd.
Gambro AB
Jarvik Heart Inc.
Lifenet Health
Thoratec Corporation
Worldheart Corporation
Key Deliverables in the Study
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Market analysis for
the artificial organ and bionic market, with region-specific assessments and
competition analysis on the global and regional scale.
Market definition along with the identification of key drivers and restraints.
Identification of factors instrumental in changing the market scenario, rising prospective opportunities, and identification of key companies that can influence this market on a global and regional scale.
Extensively researched competitive landscape section with profiles of major companies along with their market.
Identification and analysis of the macro and micro factors that affect the artificial organ and bionic
Market definition along with the identification of key drivers and restraints.
Identification of factors instrumental in changing the market scenario, rising prospective opportunities, and identification of key companies that can influence this market on a global and regional scale.
Extensively researched competitive landscape section with profiles of major companies along with their market.
Identification and analysis of the macro and micro factors that affect the artificial organ and bionic
market on both global
and regional scale.
A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.
A wide-ranging knowledge and insights about the major players in this industry and the key strategies adopted by them to sustain and grow in the studied market.
Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped.
A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.
A wide-ranging knowledge and insights about the major players in this industry and the key strategies adopted by them to sustain and grow in the studied market.
Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped.
Browse Complete Report @ http://www.orbisresearch.com/reports/index/global-artificial-organs-and-bionics-market-growth-trends-and-forecasts-2017-2022 .
Some points from TOC:
1. INTRODUCTION
1.1 Study deliverables
1.2 Market Definition
1.3 Sizing Units
1.4 Base Currency
1.5 Review and forecast period years
1.6 General Study Assumptions
1.1 Study deliverables
1.2 Market Definition
1.3 Sizing Units
1.4 Base Currency
1.5 Review and forecast period years
1.6 General Study Assumptions
2. RESEARCH METHODOLOGY
2.1 Introduction
2.2 Analysis Methodology
2.3 Econometric forecast models
2.4 Research Assumptions
2.1 Introduction
2.2 Analysis Methodology
2.3 Econometric forecast models
2.4 Research Assumptions
3. EXECUTIVE SUMMARY
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