Artificial Organs: Global Markets

Report Code: MDS091A

Publish Date: Aug 2023

Publisher: BCC Publishing

Category: Medical Devices And Surgical

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Report Highlights

The global artificial organs market should reach $17.7 billion by 2028 from $14.4 billion in 2023 at a compound annual growth rate (CAGR) of 4.2% for the forecast period of 2023 to 2028.

Report Includes

  • 28 data tables and 14 additional tables
  • An overview of the global artificial organs market
  • Analyses of global market trends, with data from 2020 to 2022, estimates for 2023 and projections of compound annual growth rates (CAGRs) through 2028
  • Discussion about the benefits of using artificial organs over traditional organs in transplantation surgeries, and increase in development of new types of artificial organs as driving factors to the market
  • Identification of challenges and discussion on how to overcome from those to reach its commercialization potential
  • Insights into R&D investments, government growth-promoting policies, rules, and regulations
  • Information on recent mergers, acquisitions, collaborations, agreements, partnerships, product launches, and expansions in the market and a relevant patent analysis
  • Detailed company profiles of major players in the market, including Abbott, Getinge AB, LivaNova, Nipro Corp. and Sonova

Report Scope

This report is a comprehensive study of the global artificial organs market. It describes the artificial organs market, segmented by product type and region. Based on product type, the market is segmented into artificial hearts, artificial kidneys, artificial lungs, artificial pancreases, and cochlear implants. The market is segmented by region into North America, Latin America, Europe, Asia-Pacific, and the Rest of the World (RoW).

This report examines the factors driving growth in the artificial organ market, and it reviews major players, established companies, and new entrants.

This report, however, does not cover artificial limbs, artificial eyes, artificial intestines, artificial skin, or artificial blood vessels.

Report Synopsis

Report Metrics Details
Base year considered 2022
Forecast period considered 2023-2028
Base year market size $13.8 billion
Market size forecast $17.7 billion
Growth rate CAGR of 4.2%
Units considered $ Millions
Segments covered Product Type and Region
Regions covered North America, Latin America, Europe, Asia-Pacific, and Rest of the World (ROW)
Countries covered U.S., Canada, Mexico, Brazil, Argentina, Chile, U.K., Germany, France, Italy, Spain, Rest of Europe, China, Japan, India, Rest of Asia-Pacific, and Middle East and Africa
Key Market Drivers
  • Aging Population
  • Diabetic Cases by Countries
  • Chronic Kidney Disease Cases by Countries
  • Penetration of Artificial Organs in Emerging Markets
Companies studied
ABIOMED INC.ABBOTT
BAXTERB. BRAUN SE
COCHLEAR LTD.FRESENIUS MEDICAL CARE AG
F. HOFFMANN-LA ROCHE LTD.GETINGE AB
INSULET CORP.LIVANOVA PLC
MEDTRONICMED-EL MEDICAL ELECTRONICS
NIPRO CORP.SONOVA
TERUMO CORP.TANDEM DIABETES CARE INC.
YPSOMED AG
Need a custom data table, graph, region, segment, companies or complete report? CUSTOMIZE NOW

Frequently Asked Questions (FAQs)

The global artificial organs market is projected to grow from $13.8 billion in 2022 to $17.7 billion in 2028, at a compound annual growth rate (CAGR) of 4.2% during the forecast period.
The increase in the elderly population susceptible to organ failure and increasing prevalence of organ failure due to diabetes linked heart failures, chronic diabetes linked kidney failure, sever infections linked liver, pancreas and lung failures and organ failures due to physical injuries are the major factors driving the market growth.
The global artificial organs market is segmented based on the product type such Artificial Kidney, Artificial Pancreas, Artificial Lung, Artificial Heart and Cochlear Implants, and by geographic region.
Artificial Kidney inhibitors will dominate the market by the end of 2028.
Key companies in the market includes Medtronic, Fresenius Medica Care AG & Co., Insulet Corp., ABIOMED, Tandem Diabetes Care and Cochlear Ltd.

Analyst Credentials

Gundreddy Gopinadh– Associate Consultant-Life Sciences Research
Gopinadh is an experienced professional with nearly nine years in the market research industry and experience in research and analysis, specializing in medical devices, pharmaceuticals, biotechnology, and in-vitro diagnostics verticals. He is an expert in handling custom projects by gathering data points, analyzing market trends, and ultimately providing clients with accurate market size numbers, actionable insights, and recommendations based on their unique business needs. Academically, Gopinadh holds a master’s degree in biotechnology from VIT University.

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Table of Contents

All reports provided in PDF format. For shared licensing options (5+ Users), please call a representative at (+1) 781-489-7301 or contact us at info@bccresearch.com
Title/Chapter NamePagesMember Price
Full Report: Artificial Organs: Global Markets114Free
Chapter- 1: Introduction5Free
Chapter- 2: Summary and Highlights6Free
Chapter- 3: Market Overview and Definitions7Free
Chapter- 4: Market Trends6Free
Chapter- 5: Market Breakdown by Product Type10Free
Chapter- 6: COVID-19 Impact Analysis2Free
Chapter- 7: Market Breakdown by Region10Free
Chapter- 8: Competitive Landscape4Free
Chapter- 9: Emerging/Upcoming Technologies 3Free
Chapter- 10: M&A and Fundings Outlook2Free
Chapter- 11: Sustainability in Artificial Organs Market: An ESG Perspective5Free
Chapter- 12: Patent Analysis4Free
Chapter- 13: Pipeline Analysis4Free
Chapter- 14: Company Profiles46Free

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Artificial Organs: Global Markets
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