Data Bridge Market Research analyses that the Artificial Organ Market is growing at a CAGR of 9.10% during the forecast period and is likely to reach USD 43.64 billion in 2029.
Industry Analysis
More than 650,000 patients, per year, in the United States and an estimated 2 million patients worldwide are affected by end-stage renal disease (ESRD). Those who live with end-stage renal disease (ESRD) make only 1% of the medicare-covered population, but account for 7% of the medicare budget. The number of patients in the United States diagnosed with end-stage renal disease (ESRD) is increasing by 5% each year. Mortality rates vary depending on the end-stage renal disease (ESRD) treatment. After one year of treatment, those on dialysis have a 20-25% mortality rate, with a five-year survival rate of 35%. People who receive transplants have a 3% mortality rate after five years.
An artificial organ is a medical device that is implanted or integrated into the body to replicate or augment the natural function of the organ. As per the scope of the report, artificial organs include implantable devices, such as fully artificial hearts and pacemakers, along with organ support machines, such as dialysis and extracorporeal membrane oxygenation (ECMO) machines.
Global Artificial Organ Market Scope
The artificial organ market is segmented on the basis of organ type, material type and type. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Organ type
• Artificial heart
• Artificial kidney
• Artificial pancreas
• Artificial lungs
• Cochlear implants
• Artificial liver
• Others
Material type
• Silicon
• Plastics
• Steel
Material type segment of the artificial organ market is divided into silicon, plastics and steel.
Type
• Permanent artificial organ
• Temporary artificial organs
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Artificial Organ Market Regional Analysis/Insights
The artificial organ market is analysed and market size insights and trends are provided by country, organ type, material type and type as referenced above.
The countries covered in the Artificial Organ Market report are the
• U.S.
• Canada and Mexico in North America
• Germany
• France
• U.K.
• Netherlands
• Switzerland
• Belgium
• Russia
• Italy
• Spain
• Turkey
• Rest of Europe in Europe
• China
• Japan
• India
• South Korea
• Singapore
• Malaysia
• Australia
• Thailand
• Indonesia
• Philippines
• Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC)
• Saudi Arabia
• U.A.E
• South Africa
• Egypt
• Israel
• Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA)
• Brazil
• Argentina and Rest of South America as part of South America.
Competitive Landscape and Artificial Organ Market Share Analysis
The artificial organ market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to artificial organ market.
Some of the major players operating in the artificial organ market are
• B. Braun Melsungen AG,
• Boston Scientific Corporation,
• Getinge AB.,
• ABIOMED.,
• Asahi Kasei Medical Co., Ltd.,
• Berlin Heart,
• CARMAT,
• Jarvik Heart, Inc.,
• Terumo Corporation,
• SynCardia Systems, LLC,
• NIPRO, Medtronic,
• Organovo Holdings Inc.,
• NexImmune,
• Diabeloop SA,
• Admetsys.,
• Defymed,
• SEMMA THERAPEUTICS,
• Pancreum, Inc.,
• Beta Bionics,,
• Dexcom, Inc.
• Integra LifeSciences Corporation
• Among others.
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MAJOR TOC OF THE REPORT
Chapter One: Introduction
Chapter Two: Market Segmentation
Chapter Three: Market Overview
Chapter Four: Executive Summary
Chapter Five: Premium Insights
Chapter Six: Global Artificial Organ Market by Product & Procedure type
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