Artificial Organs Market Research Report, Industry Overview, Growth Rate and Forecast 2024

1. Global Artificial Organs Market Research Report and Forecast 2024 Report Edition: 2019 Copyright © IMARC Service Pvt Ltd. All Rights Reserved © 2019 IMARC All Rights Reserved

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3. Report Description and Highlights Report Description Global Artificial Organs Market Overview: According to the latest report by IMARC Group, titled “Artificial Organs Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, the global artificial organs market is currently experiencing strong growth. Artificial organs refer to human-made engineered medical devices that are implanted or integrated into the human body to replace and replicate the functions of a faulty or missing organ. They are generally manufactured using plastic that is seeded with stem cells from the transplant recipient; therefore, the body’s immune system does not reject these organs. At present, the unavailability of adequate natural organs for transplantation and the scarcity of organ donors have been major concerns around the world. In addition to this, finding a compatible organ also poses problems for patients. As a result, the demand for replacement/transplant organs is relatively very high as compared to the supply. Artificial Organs Market Trends One of the significant factors which are impelling the growth of the artificial organs market is the increasing prevalence of medical conditions such as strokes, diabetes, cardiac diseases, and chronic kidney diseases.

4. Report Description and Highlights Report Description 186.5 181.2 120.2125.5130.8136.1141.4146.7152.0157.3 175.9 170.6 160 180 165.3 160.0 160 140 140 120 In Million US$ in Million US$ 120 100 100 80 80 60 60 40 40 20 20 0 0 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Some of the other factors that are strengthening the market growth are increasing healthcare awareness among individuals, growing incidents of accidents and severe injuries, and the rising acceptance of organ transplant procedures worldwide. Looking forward, the global artificial organs market size is anticipated to grow at a CAGR of around 9.5% during 2019-2024. Request for a free sample report: https://www.imarcgroup.com/artificial-organs- market/requestsample

5. Report Description and Highlights Report Description This can be accredited to sedentary lifestyles and the rising consumption of fast food across the globe. Moreover, manufacturers are also investing in research and development activities to suffice the requirements of patients. For instance, they are introducing artificial organs which offer enhanced patient comfort. Further, the consistently growing geriatric population is also influencing the demand for artificial organs. Key Market Segmentation: Market Segmentation by Type • • • • • Artificial Kidney Artificial Heart Artificial Pancreas Cochlear Implants Others Based on the type, the market has been segmented into artificial kidney, artificial heart, artificial pancreas, cochlear implants and others. Currently, artificial kidney accounts for the majority of the total market share.

6. Report Description and Highlights Report Description For more information, click here: https://www.imarcgroup.com/artificial-organs-market Market Segmentation by Region • • • • • North America Europe Asia Pacific Middle East and Africa Latin America Region-wise, the market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. Amongst these, North America is the leading market, holding the majority of the global share. This can be attributed to the increasing incidences of chronic diseases, especially in the United States. Competitive Landscape: The competitive landscape of the market has also been examined with some of the key players.

7. Report Description and Highlights Report Description • • • • • Abiomed, Inc. HeartWare International, Inc. Edwards Lifesciences Corp Boston Scientific Corporation Cochlear Limited Browse Related Report Artificial Heart Lung Machine Market Report: https://www.imarcgroup.com/artificial-heart-lung- machine-market Colostomy Bags Market Report: https://www.imarcgroup.com/colostomy-bags-market

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10. Report Description and Highlights Report Description © 2019 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.

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