An artificial organ is a human made organ device or tissue that is implanted or integrated into a human — interfacing with living tissue — to replace a natural organ, to duplicate or augment a specific function or functions so the patient may return to a normal life as soon as possible. Bionic implants refer to electronic or mechatronic parts that augment or restore physical functionality to a differently-abled person.
This report contains market size and forecasts of Artificial Organs and Bionic Implants in Global, including the following market information:
Global Artificial Organs and Bionic Implants Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Artificial Organs and Bionic Implants market was valued at 9407.7 million in 2021 and is projected to reach US$ 15180 million by 2028, at a CAGR of 7.1% during the forecast period 2022-2028.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Artificial Kidney Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Artificial Organs and Bionic Implants include Fresenius Medical Care, Cochlear, Abiomed, ABBOTT, Baxter, B.Braun, Asahi Kasei Corporation, Nipro and MED-EL, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Artificial Organs and Bionic Implants companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Artificial Organs and Bionic Implants Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Artificial Organs and Bionic Implants Market Segment Percentages, by Type, 2021 (%)
Artificial Kidney
Artificial Heart & Ventricular Assist Device
Cochlear Implant
Artificial Lung
Artificial Liver
Artificial Pancreas
Bionic Hands & Prosthetics
Others
Global Artificial Organs and Bionic Implants Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Artificial Organs and Bionic Implants Market Segment Percentages, by Application, 2021 (%)
Commercialize
Clinical Research
Global Artificial Organs and Bionic Implants Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Artificial Organs and Bionic Implants Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Artificial Organs and Bionic Implants revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Artificial Organs and Bionic Implants revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Fresenius Medical Care
Cochlear
Abiomed
ABBOTT
Baxter
B.Braun
Asahi Kasei Corporation
Nipro
MED-EL
Toray Medical
Sonova
Medtronic
Getinge (Maquet)
William Demant
LivaNova (Sorin)
Terumo
Hangzhou Nurotron
Syncardia
CorWave
Listent Medical
Evaheart
Open Bionics
OYMotion Technologies
Mobius Bionics