The global medical bionic implant/artificial organs market is expected to grow at a CAGR of 8.5% during the forecast period, from 2021 to 2030. The growth of this market is attributed to the increasing number of patients suffering from chronic diseases and injuries, which in turn leads to an increase in demand for bionic implants and artificial organs.
Bionic implants are devices that are implanted into the body for therapeutic purposes or as a replacement for damaged or diseased tissue. Artificial organs are devices that replace one or more functions of an organ with a mechanical device. These devices can be used as replacements for damaged or diseased tissue, such as heart valves, blood vessels, and other tissues in the body. Bionic implants and artificial organs can be broadly classified into two categories: (1) Bionic Implants; (2) Artificial Organs.
Some Of The Growth Factors Of This Market:
- The aging population is a major factor in the growth of the medical bionic implant/artificial organs market.
- The increasing prevalence of chronic diseases such as diabetes and heart disease is also driving the growth of this market.
- Advances in technology are also contributing to the growth of this market, with new innovations being introduced every year that make it possible for people to live longer and healthier lives than ever before.
- The rising cost of healthcare is another factor that will drive demand for medical bionic implants/artificial organs, as they can help reduce costs by preventing costly hospitalizations and surgeries from occurring when they are not necessary or desired by patients or their families.
- Increasing awareness about organ donation rates will also drive demand for medical bionic implants/artificial organs.
Industry Growth Insights published a new data on “Medical Bionic Implant/Artificial Organs Market”. The research report is titled “Medical Bionic Implant/Artificial Organs Market research by Types (Bionic Implants, Artificial Organs), By Applications (Hospitals, Clinics, Research and Academic Institutes, Others), By Players/Companies Medtronic, Boston Scientific, St. Jude Medical, Zimmer Biomet, Ekso Bionics, Biocontrol Medical, Cochlear, Orthofix International, Aleva Neurotherapeutics, Cyberonics, LivaNova, NeuroPace, Ossur, Second Sight Medical Products”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Medical Bionic Implant/Artificial Organs Market Research Report
By Type
Bionic Implants, Artificial Organs
By Application
Hospitals, Clinics, Research and Academic Institutes, Others
By Companies
Medtronic, Boston Scientific, St. Jude Medical, Zimmer Biomet, Ekso Bionics, Biocontrol Medical, Cochlear, Orthofix International, Aleva Neurotherapeutics, Cyberonics, LivaNova, NeuroPace, Ossur, Second Sight Medical Products
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
234
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Medical Bionic Implant/Artificial Organs Market Report Segments:
The global Medical Bionic Implant/Artificial Organs market is segmented on the basis of:
Types
Bionic Implants, Artificial Organs
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospitals, Clinics, Research and Academic Institutes, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Medtronic
- Boston Scientific
- St. Jude Medical
- Zimmer Biomet
- Ekso Bionics
- Biocontrol Medical
- Cochlear
- Orthofix International
- Aleva Neurotherapeutics
- Cyberonics
- LivaNova
- NeuroPace
- Ossur
- Second Sight Medical Products
Highlights of The Medical Bionic Implant/Artificial Organs Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Bionic Implants
- Artificial Organs
- By Application:
- Hospitals
- Clinics
- Research and Academic Institutes
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Medical Bionic Implant/Artificial Organs Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A medical bionic implant is a device that replaces or augments one or more body parts, such as a heart, kidney, liver, or lung. An artificial organ is an electronic device that helps the body to function properly by providing replacement parts for organs damaged by disease or injury.
Some of the key players operating in the medical bionic implant/artificial organs market are Medtronic, Boston Scientific, St. Jude Medical, Zimmer Biomet, Ekso Bionics, Biocontrol Medical, Cochlear, Orthofix International, Aleva Neurotherapeutics, Cyberonics, LivaNova, NeuroPace, Ossur, Second Sight Medical Products.
The medical bionic implant/artificial organs market is expected to register a CAGR of 8.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Medical Bionic Implant/Artificial Organs Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Medical Bionic Implant/Artificial Organs Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Medical Bionic Implant/Artificial Organs Market - Supply Chain
4.5. Global Medical Bionic Implant/Artificial Organs Market Forecast
4.5.1. Medical Bionic Implant/Artificial Organs Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Medical Bionic Implant/Artificial Organs Market Size (000 Units) and Y-o-Y Growth
4.5.3. Medical Bionic Implant/Artificial Organs Market Absolute $ Opportunity
5. Global Medical Bionic Implant/Artificial Organs Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Medical Bionic Implant/Artificial Organs Market Size and Volume Forecast by Type
5.3.1. Bionic Implants
5.3.2. Artificial Organs
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Medical Bionic Implant/Artificial Organs Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Medical Bionic Implant/Artificial Organs Market Size and Volume Forecast by Application
6.3.1. Hospitals
6.3.2. Clinics
6.3.3. Research and Academic Institutes
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Medical Bionic Implant/Artificial Organs Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Medical Bionic Implant/Artificial Organs Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Medical Bionic Implant/Artificial Organs Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Medical Bionic Implant/Artificial Organs Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Medical Bionic Implant/Artificial Organs Demand Share Forecast, 2019-2026
9. North America Medical Bionic Implant/Artificial Organs Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Medical Bionic Implant/Artificial Organs Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Medical Bionic Implant/Artificial Organs Market Size and Volume Forecast by Application
9.4.1. Hospitals
9.4.2. Clinics
9.4.3. Research and Academic Institutes
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Medical Bionic Implant/Artificial Organs Market Size and Volume Forecast by Type
9.7.1. Bionic Implants
9.7.2. Artificial Organs
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Medical Bionic Implant/Artificial Organs Demand Share Forecast, 2019-2026
10. Latin America Medical Bionic Implant/Artificial Organs Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Medical Bionic Implant/Artificial Organs Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Medical Bionic Implant/Artificial Organs Market Size and Volume Forecast by Application
10.4.1. Hospitals
10.4.2. Clinics
10.4.3. Research and Academic Institutes
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Medical Bionic Implant/Artificial Organs Market Size and Volume Forecast by Type
10.7.1. Bionic Implants
10.7.2. Artificial Organs
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Medical Bionic Implant/Artificial Organs Demand Share Forecast, 2019-2026
11. Europe Medical Bionic Implant/Artificial Organs Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Medical Bionic Implant/Artificial Organs Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Medical Bionic Implant/Artificial Organs Market Size and Volume Forecast by Application
11.4.1. Hospitals
11.4.2. Clinics
11.4.3. Research and Academic Institutes
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Medical Bionic Implant/Artificial Organs Market Size and Volume Foreast by Type
11.7.1. Bionic Implants
11.7.2. Artificial Organs
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Medical Bionic Implant/Artificial Organs Demand Share, 2019-2026
12. Asia Pacific Medical Bionic Implant/Artificial Organs Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Medical Bionic Implant/Artificial Organs Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Medical Bionic Implant/Artificial Organs Market Size and Volume Forecast by Application
12.4.1. Hospitals
12.4.2. Clinics
12.4.3. Research and Academic Institutes
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Medical Bionic Implant/Artificial Organs Market Size and Volume Forecast by Type
12.7.1. Bionic Implants
12.7.2. Artificial Organs
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Medical Bionic Implant/Artificial Organs Demand Share, 2019-2026
13. Middle East & Africa Medical Bionic Implant/Artificial Organs Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Medical Bionic Implant/Artificial Organs Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Medical Bionic Implant/Artificial Organs Market Size and Volume Forecast by Application
13.4.1. Hospitals
13.4.2. Clinics
13.4.3. Research and Academic Institutes
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Medical Bionic Implant/Artificial Organs Market Size and Volume Forecast by Type
13.7.1. Bionic Implants
13.7.2. Artificial Organs
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Medical Bionic Implant/Artificial Organs Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Medical Bionic Implant/Artificial Organs Market: Market Share Analysis
14.2. Medical Bionic Implant/Artificial Organs Distributors and Customers
14.3. Medical Bionic Implant/Artificial Organs Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Medtronic
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Boston Scientific
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. St. Jude Medical
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Zimmer Biomet
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Ekso Bionics
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Biocontrol Medical
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Cochlear
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Orthofix International
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Aleva Neurotherapeutics
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Cyberonics
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. LivaNova
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. NeuroPace
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Ossur
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Second Sight Medical Products
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
