Artificial Organ Market Is Estimated To Grow At A CAGR Of 6.47% During 2015-2019 : Industry Report

Artificial organs are human-made bio-artificial devices, which are implanted or integrated into individuals to replace or support natural organs. These include artificial heart, kidney, pancreas, and cochlear implants. Biocompatible materials such as polymers (polyurethane, polysulfone, and porous polypropylene), biologics, ceramics, and metals are used to develop artificial organs. These organs are incorporated with different technologies like sensors, biomaterials, and innovative delivery systems. Artificial organs perform the function of the natural organ and help in extending a patient’s lifespan. In few cases, artificial organs are capable of eliminating the need for organ transplantation altogether.

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Analysts forecast the global artificial organ market to grow at a CAGR of 7.99% over the period 2014-2019.

Covered in this report

In this report, Technavio covers the present scenario and growth prospects of the global artificial organ market for 2015-2019. To calculate the market size, we consider revenue generated from the sale of artificial kidney, artificial heart, artificial pancreas, and cochlear implants.

Global Artificial Organ Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report also presents the vendor landscape and a corresponding detailed analysis of the top five vendors in the market. Also, it discusses the major drivers and challenges in the market, as well as the key trends.

Key regions

  • Americas
  • APAC
  • EMEA

Key vendors

  • Baxter
  • Cochlear
  • Fresenius
  • Medtronic
  • SynCardia

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Other prominent vendors

  • Animas
  • Argon Medical Devices
  • Asahi Kasei Medical
  • Braun
  • R. Bard
  • Chongqing Shanwaishan
  • Covidien
  • DaVita
  • Hoffmann-La Roche
  • Insulet
  • Jihua Medical
  • Kawasumi Laboratories
  • Medical Components
  • Merit Medical Systems
  • Neurelec
  • Nikkiso
  • Nipro
  • Nurotron Biotechnology
  • NxStage Medical
  • SOOIL Development
  • Tandem Diabetes Care

Market driver

  • Growing prevalence of ESRD
  • For a full, detailed list, view our report

Market challenge

  • High cost
  • For a full, detailed list, view our report

Market trend

  • Emergence of 3D printing
  • For a full, detailed list, view our report

Key questions answered in this report

  • What will the market size be in 2019 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?

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