Home >> News >> Global Artificial Vital Organs and Medical Bionics Market 2017 – Industry Analysis, Size, Share, Strategies and Forecast to 2022

Global Artificial Vital Organs and Medical Bionics Market 2017 – Industry Analysis, Size, Share, Strategies and Forecast to 2022

Artificial Vital Organs and Medical Bionics Market
Artificial Vital Organs and Medical Bionics Market

New report on Artificial Vital Organs And Medical Bionics market is segmented by product type into two broad categories such as Artificial vital organs market and Medical bionics market. Artificial vital organs market is further categorized into different segments, namely artificial liver, artificial heart, artificial pancreas, artificial kidney, artificial lungs and oxygenators. Medical bionics market also consists of sub-segments and includes bionic limbs, vision bionics, ear bionics, exoskeletons, brain bionics, heart valves and cardiac bionics. In artificial vital organs market, artificial kidneys lead the market due to high incidence of acute renal failure. In medical bionics market, bionic exoskeleton accounts for high CAGR due to strong research initiatives in this segment. Artificial pancreases and bio-lungs are the pipeline devices in medical bionics market. The biochip products and services market is segmented by application type into different sub-categories such as gene sequencing and gene expression, clinical diagnosis and treatment (Cancer diagnosis), genomics and toxicogenomics, proteomics, drug discovery and other applications. Clinical diagnosis and treatment is the leading sub-segment in application types. Cancer diagnosis and treatment segment is primarily driven by personalized medicines approved by the FDA for the treatment of cancer. Other factor supportive to the growth of cancer diagnosis segment include government funding and technological advancements.

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Artificial organ is man-made machine or device that is used to replace the functions of missing or faulty organ and restores the functions of original organ. Medical bionics refers to the study of artificial body parts that are substituted for a natural biological capability. Healthcare technology is growing rapidly in which organ transplantation has evolved as common practice. There is a high demand from the patients for organ transplantation surgery, whereas availability of the donors to fulfill this demand is low. Due to this wider gap, artificial vital organs and medical bionics market is experiencing fair growth. The report provides an in-depth analysis of the different segments for artificial vital organs and medical bionics market and comprehensively determines the factors responsible for growth, major constraints and potential opportunities. Through analysis of leading company profiles and their strategies, professionals would gain the competitive edge in the market. The leading companies in artificial vital organs and medical bionics market include Edwards Lifesciences Corporation, Abbott Diabetes Care, Inc., Baxter International, Inc., Ekso Bionics, Asahi Kasei Medical Co., Ltd., Jarvik Heart, Inc. and Ottobock Healthcare GmbH. Manufactures are now concentrating on the development of bionic implant products such as bio-lung, wearable artificial kidney, and artificial pancreas for diseases where alternative treatment methods are inefficient for cure.

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 MARKET BY PRODUCT TYPE

  • Artificial Vital Organs Market
  • Artificial Liver
  • Artificial Heart
  • Artificial Pancreas
  • Artificial Kidney
  • Artificial Lungs
  • Oxygenators

 Medical Bionics Market

  • Bionic Limbs
  • Vision Bionics
  • Ear Bionics
  • Exoskeletons
  • Brain Bionics
  • Heart Valves
  • Cardiac Bionics

MARKET BY GEOGRAPHY

  • North America
  • Europe
  • Asia-Pacific
  • LAMEA

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About Nicole Austin

This is Nicole Austin is Assistant Manager and senior principal of the Market Research Store, a market research firm located in Florida, New York. I am Post Graduated of University of Miami, where I received MBA in Research and Development Management. I started Market Research and Analysis from a young age and most of my skills and knowledge are self taught. Find me on Google, Linkedin,Facebook

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