According to the Market Statsville Group (MSG), the global artificial organ and bionics market size is expected to grow from USD 25,642.9 million in 2021 to USD 55,235.5 million by 2030, at a CAGR of 8.9% from 2022 to 2030Below information is analyzed in depth in the report-
Global Artificial Organ and Bionics Market Revenue, 2018-2023, 2024-2033, (US$ Millions)
Global Artificial Organ and Bionics Market Sales Volume, 2018-2023, 2024-2033, (Units)
Share of the top five Artificial Organ and Bionics companies in 2023 (%)
Market Growth Mapping
Qualitative and quantitative methodologies were utilized in the process of market growth mapping. The report offers an extensive examination of market dynamics, including a thorough assessment of the primary factors that drive market expansion, challenges encountered by industry participants, and forthcoming trends that indicate recent development. Prospects for investment and expansion are discerned via a comprehensive SWOT analysis, which evaluates the market’s strengths, weakness, opportunities, and threats. The PESTEL analysis, which investigates the technological, environmental, political, economic, and social factors that influence the industry, provides additional depth of analysis. Furthermore, the report incorporates an analysis of PORTER'S 5 forces, which provides valuable perspectives on the sector's profitability and competitive intensity. Moreover, the report covers regulatory landscape, COVID-19 impact analysis, customer sentiment and behavior, trade analysis, supply-demand analysis, and the influence of government policies and other macroeconomic factors.
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Artificial Organ and Bionics Market Segmentation:
This study offers a thorough segmentation of the Artificial Organ and Bionics market based on an in-depth examination of the product portfolios and customers of key regional and global market players. By means of a comprehensive examination, we offer detailed perspectives on market segmentation, assisting stakeholders in comprehending the diverse aspects and variables that impact the Artificial Organ and Bionics market.
By Product Outlook (Sales, USD Million, 2017-2030)
Artificial Organs
Kidney
Heart
Lungs
Liver
Pancreas
Artificial Bionics
Cochlear implant
Exoskeleton
Bionic limbs
Vision bionics
Brain bionics
By Technology Outlook (Sales, USD Million, 2017-2030)
Mechanical bionics
Electronic bionics
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The key companies covered in the market report are:
Zimmer Biomet
Medtronic
Abbott
ABIOMED, INC
Berlin Heart Gmbh
Biomet, Inc
Boston Scientific Corporation
Edward Lifesciences Corporation
Ekso Bionics
Heartware International, Inc
Iwalk, Inc.
Jarvik Heart, Inc
SynCardia Systems, LLC
LifeNet Health
Sonova
Orthofix Holdings Inc
BionX Medical Technologies
Medtronic
Gambro AB
Cochlear Ltd