Global Artificial Organs and Bionic Implants Market Size study & Forecast, by Product (Artificial Organs, Artificial Bionics) by Technology (Mechanical bionics, electronic bionics) and Regional Analysis, 2023-2030

Description

List of Tables

Global Artificial Organs and Bionic Implants Market is valued at approximately USD 27.65 billion in 2022 and is anticipated to grow with a growth rate of more than 9.3% over the forecast period 2023-2030. Artificial organs and bionic implants are medical devices that are designed to replace or enhance the function of specific organs or body parts. They are developed to assist individuals with organ failure, physical disabilities, or other medical conditions that affect the normal functioning of their bodies. Artificial organs and bionic implants have significantly advanced in recent years, improving the quality of life for many individuals with medical conditions or disabilities. The Artificial Organs and Bionic Implants market is expanding because of factors such as rising incidence of organ failures and increasing prevalence of Kidney chronic diseases.

The rising prevalence of chronic diseases, such as cardiovascular diseases, kidney failure, diabetes, and organ failures, has created a growing demand for artificial organs and bionic implants. These devices provide a solution for patients who are unable to receive organ transplants or have failed conventional treatments. the Centres 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 2.2 lakh each year. Thus, rising prevelance of kidney chronic disease across the globe is fostering the market growth. Along with these, factors such as the rising rate of organ failures, the high rate of traffic accidents resulting in amputations, the lack of organ donors, and technological improvements will propel market expansion. For example, according to the article "Organ donation in India - There is light at the end of the tunnel" published in April 2022, it is projected that almost 5 lakh Indians suffer from organ failure each year, but only 2%-3% of them obtain a life-saving transplant. It is projected that the burden of organ failure will open up chances for artificial organs and the Indian bionics sector. As a result, it is projected that this would result in the artificial organs and bionics market growth over the projected years. In addition, rising investments and research initiatives and technological advancements in the artificial organ and bionics is creating a lucrative opportunity to the market growth. However, the high cost of artificial organs and bionic implants and regulatory hurdles stifles market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Artificial Organs and Bionic Implants Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 with largest market share owing to the dominance of key market players, rising prevalence of kidney disorders, rising technological advancement and investment for research and development activities in the region. Whereas, Asia Pacific region is projected to have fastest growth owing to factors such as rising prevelance of chronic diseases, rising number of organ transplantation activities, favorable government reimbursement policies in the region.

Major market player included in this report are:

Abiomed Inc
Asahi Kasei Medical Co., Ltd
Baxter International Inc.
Berlin Heart GmbH
Boston Scientific Corporation
Cyberonics Inc.
Ekso Bionics Holdings Inc.
Ossur hf
Getinge AB
Medtronic

Recent Developments in the Market:

In August 2022, The Kidney Innovation Accelerator announced a new prize competition, with the American Society of Nephrology and the US Department of Health and Human Services offering USD 10.5 million in total prize money. In Phase 2 of the Artificial Kidney Prize competition, ideas for developing prototype bioartificial kidneys are being sought after, as well as any innovative tools or components that could enable them.
In January 2022, IIT-Kanpur has begun working on developing a cutting-edge artificial heart. This project was launched in cooperation with a few hospitals in India, and it will be overseen by a team of innovative thinkers with relevant experience who were hand-picked with the help of a task force composed of business executives.

Global Artificial Organs and Bionic Implants 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, Technology, Region
Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Customization Scope - Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

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

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

By Product:

Artificial Organs
Artificial Bionics

By Technology:

Mechanical bionics
Electronic bionics

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

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
- 1.2.1. Artificial Organs and Bionic Implants Market, by region, 2020-2030 (USD Billion)
- 1.2.2. Artificial Organs and Bionic Implants Market, by Product, 2020-2030 (USD Billion)
- 1.2.3. Artificial Organs and Bionic Implants Market, by Technology, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Artificial Organs and Bionic Implants 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 Artificial Organs and Bionic Implants Market Dynamics

3.1. Artificial Organs and Bionic Implants Market Impact Analysis (2020-2030)
- 3.1.1. Market Drivers
  - 3.1.1.1. Rising incidence of organ failures
  - 3.1.1.2. Increasing prevalence of chronic Kidney diseases.
- 3.1.2. Market Challenges
  - 3.1.2.1. High Cost of Artificial Organs and Bionic Implants
  - 3.1.2.2. Regulatory Hurdles
- 3.1.3. Market Opportunities
  - 3.1.3.1. Rising investments and research initiatives
  - 3.1.3.2. Technological advancements in the artificial organ and bionics

Chapter 4. Global Artificial Organs and Bionic Implants 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. Economic
- 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 Artificial Organs and Bionic Implants Market, by Product

5.1. Market Snapshot
5.2. Global Artificial Organs and Bionic Implants Market by Product, Performance - Potential Analysis
5.3. Global Artificial Organs and Bionic Implants Market Estimates & Forecasts by Product 2020-2030 (USD Billion)
5.4. Artificial Organs and Bionic Implants Market, Sub Segment Analysis
- 5.4.1. Artificial Organs
- 5.4.2. Artificial Bionics

Chapter 6. Global Artificial Organs and Bionic Implants Market, by Technology

6.1. Market Snapshot
6.2. Global Artificial Organs and Bionic Implants Market by Technology, Performance - Potential Analysis
6.3. Global Artificial Organs and Bionic Implants Market Estimates & Forecasts by Technology 2020-2030 (USD Billion)
6.4. Artificial Organs and Bionic Implants Market, Sub Segment Analysis
- 6.4.1. Mechanical bionics
- 6.4.2. Electronic bionics

Chapter 7. Global Artificial Organs and Bionic Implants Market, Regional Analysis

7.1. Top Leading Countries
7.2. Top Emerging Countries
7.3. Artificial Organs and Bionic Implants Market, Regional Market Snapshot
7.4. North America Artificial Organs and Bionic Implants Market
- 7.4.1. U.S. Artificial Organs and Bionic Implants Market
  - 7.4.1.1. Product breakdown estimates & forecasts, 2020-2030
  - 7.4.1.2. Technology breakdown estimates & forecasts, 2020-2030
- 7.4.2. Canada Artificial Organs and Bionic Implants Market
7.5. Europe Artificial Organs and Bionic Implants Market Snapshot
- 7.5.1. U.K. Artificial Organs and Bionic Implants Market
- 7.5.2. Germany Artificial Organs and Bionic Implants Market
- 7.5.3. France Artificial Organs and Bionic Implants Market
- 7.5.4. Spain Artificial Organs and Bionic Implants Market
- 7.5.5. Italy Artificial Organs and Bionic Implants Market
- 7.5.6. Rest of Europe Artificial Organs and Bionic Implants Market
7.6. Asia-Pacific Artificial Organs and Bionic Implants Market Snapshot
- 7.6.1. China Artificial Organs and Bionic Implants Market
- 7.6.2. India Artificial Organs and Bionic Implants Market
- 7.6.3. Japan Artificial Organs and Bionic Implants Market
- 7.6.4. Australia Artificial Organs and Bionic Implants Market
- 7.6.5. South Korea Artificial Organs and Bionic Implants Market
- 7.6.6. Rest of Asia Pacific Artificial Organs and Bionic Implants Market
7.7. Latin America Artificial Organs and Bionic Implants Market Snapshot
- 7.7.1. Brazil Artificial Organs and Bionic Implants Market
- 7.7.2. Mexico Artificial Organs and Bionic Implants Market
7.8. Middle East & Africa Artificial Organs and Bionic Implants Market
- 7.8.1. Saudi Arabia Artificial Organs and Bionic Implants Market
- 7.8.2. South Africa Artificial Organs and Bionic Implants Market
- 7.8.3. Rest of Middle East & Africa Artificial Organs and Bionic Implants Market

Chapter 8. Competitive Intelligence

8.1. Key Company SWOT Analysis
- 8.1.1. Company 1
- 8.1.2. Company 2
- 8.1.3. Company 3
8.2. Top Market Strategies
8.3. Company Profiles
- 8.3.1. Abiomed Inc
  - 8.3.1.1. Key Information
  - 8.3.1.2. Overview
  - 8.3.1.3. Financial (Subject to Data Availability)
  - 8.3.1.4. Product Summary
  - 8.3.1.5. Recent Developments
- 8.3.2. Asahi Kasei Medical Co., Ltd
- 8.3.3. Baxter
- 8.3.4. Berlin Heart GmbH
- 8.3.5. Boston Scientific Corporation
- 8.3.6. Cyberonics Inc.
- 8.3.7. Ekso Bionics Holdings Inc.
- 8.3.8. Ossur
- 8.3.9. Getinge AB
- 8.3.10. Medtronic

Chapter 9. Research Process

9.1. Research Process
- 9.1.1. Data Mining
- 9.1.2. Analysis
- 9.1.3. Market Estimation
- 9.1.4. Validation
- 9.1.5. Publishing
9.2. Research Attributes
9.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Artificial Organs and Bionic Implants Market, report scope
TABLE 2. Global Artificial Organs and Bionic Implants Market estimates & forecasts by Region 2020-2030 (USD Billion)
TABLE 3. Global Artificial Organs and Bionic Implants Market estimates & forecasts by Product 2020-2030 (USD Billion)
TABLE 4. Global Artificial Organs and Bionic Implants Market estimates & forecasts by Technology 2020-2030 (USD Billion)
TABLE 5. Global Artificial Organs and Bionic Implants Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 6. Global Artificial Organs and Bionic Implants Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 7. Global Artificial Organs and Bionic Implants Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 8. Global Artificial Organs and Bionic Implants Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 9. Global Artificial Organs and Bionic Implants Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 10. Global Artificial Organs and Bionic Implants Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 11. Global Artificial Organs and Bionic Implants Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 12. Global Artificial Organs and Bionic Implants Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 13. Global Artificial Organs and Bionic Implants Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 14. Global Artificial Organs and Bionic Implants Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 15. U.S. Artificial Organs and Bionic Implants Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 16. U.S. Artificial Organs and Bionic Implants Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 17. U.S. Artificial Organs and Bionic Implants Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 18. Canada Artificial Organs and Bionic Implants Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 19. Canada Artificial Organs and Bionic Implants Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 20. Canada Artificial Organs and Bionic Implants Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 21. UK Artificial Organs and Bionic Implants Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 22. UK Artificial Organs and Bionic Implants Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 23. UK Artificial Organs and Bionic Implants Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 24. Germany Artificial Organs and Bionic Implants Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 25. Germany Artificial Organs and Bionic Implants Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 26. Germany Artificial Organs and Bionic Implants Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 27. France Artificial Organs and Bionic Implants Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 28. France Artificial Organs and Bionic Implants Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 29. France Artificial Organs and Bionic Implants Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 30. Italy Artificial Organs and Bionic Implants Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 31. Italy Artificial Organs and Bionic Implants Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 32. Italy Artificial Organs and Bionic Implants Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 33. Spain Artificial Organs and Bionic Implants Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 34. Spain Artificial Organs and Bionic Implants Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 35. Spain Artificial Organs and Bionic Implants Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 36. RoE Artificial Organs and Bionic Implants Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 37. RoE Artificial Organs and Bionic Implants Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 38. RoE Artificial Organs and Bionic Implants Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 39. China Artificial Organs and Bionic Implants Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 40. China Artificial Organs and Bionic Implants Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 41. China Artificial Organs and Bionic Implants Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 42. India Artificial Organs and Bionic Implants Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 43. India Artificial Organs and Bionic Implants Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 44. India Artificial Organs and Bionic Implants Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 45. Japan Artificial Organs and Bionic Implants Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 46. Japan Artificial Organs and Bionic Implants Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 47. Japan Artificial Organs and Bionic Implants Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 48. South Korea Artificial Organs and Bionic Implants Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 49. South Korea Artificial Organs and Bionic Implants Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 50. South Korea Artificial Organs and Bionic Implants Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 51. Australia Artificial Organs and Bionic Implants Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 52. Australia Artificial Organs and Bionic Implants Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 53. Australia Artificial Organs and Bionic Implants Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 54. RoAPAC Artificial Organs and Bionic Implants Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 55. RoAPAC Artificial Organs and Bionic Implants Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 56. RoAPAC Artificial Organs and Bionic Implants Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 57. Brazil Artificial Organs and Bionic Implants Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 58. Brazil Artificial Organs and Bionic Implants Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 59. Brazil Artificial Organs and Bionic Implants Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 60. Mexico Artificial Organs and Bionic Implants Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 61. Mexico Artificial Organs and Bionic Implants Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 62. Mexico Artificial Organs and Bionic Implants Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 63. RoLA Artificial Organs and Bionic Implants Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 64. RoLA Artificial Organs and Bionic Implants Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 65. RoLA Artificial Organs and Bionic Implants Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 66. Saudi Arabia Artificial Organs and Bionic Implants Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 67. South Africa Artificial Organs and Bionic Implants Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 68. RoMEA Artificial Organs and Bionic Implants Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 69. List of secondary sources, used in the study of global Artificial Organs and Bionic Implants Market
TABLE 70. List of primary sources, used in the study of global Artificial Organs and Bionic Implants Market
TABLE 71. Years considered for the study
TABLE 72. Exchange rates considered

List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

FIG 1. Global Artificial Organs and Bionic Implants Market, research methodology
FIG 2. Global Artificial Organs and Bionic Implants Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Artificial Organs and Bionic Implants Market, key trends 2022
FIG 5. Global Artificial Organs and Bionic Implants Market, growth prospects 2023-2030
FIG 6. Global Artificial Organs and Bionic Implants Market, porters 5 force model
FIG 7. Global Artificial Organs and Bionic Implants Market, pest analysis
FIG 8. Global Artificial Organs and Bionic Implants Market, value chain analysis
FIG 9. Global Artificial Organs and Bionic Implants Market by segment, 2020 & 2030 (USD Billion)
FIG 10. Global Artificial Organs and Bionic Implants Market by segment, 2020 & 2030 (USD Billion)
FIG 11. Global Artificial Organs and Bionic Implants Market by segment, 2020 & 2030 (USD Billion)
FIG 12. Global Artificial Organs and Bionic Implants Market by segment, 2020 & 2030 (USD Billion)
FIG 13. Global Artificial Organs and Bionic Implants Market by segment, 2020 & 2030 (USD Billion)
FIG 14. Global Artificial Organs and Bionic Implants Market, regional snapshot 2020 & 2030
FIG 15. North America Artificial Organs and Bionic Implants Market 2020 & 2030 (USD Billion)
FIG 16. Europe Artificial Organs and Bionic Implants Market 2020 & 2030 (USD Billion)
FIG 17. Asia pacific Artificial Organs and Bionic Implants Market 2020 & 2030 (USD Billion)
FIG 18. Latin America Artificial Organs and Bionic Implants Market 2020 & 2030 (USD Billion)
FIG 19. Middle East & Africa Artificial Organs and Bionic Implants Market 2020 & 2030 (USD Billion)