Product Code: 4842
Global artificial organs market is expected to witness significant growth during the forecast period owing to the increasing acceptance of organ transplant technology among people. The spike in number of patients suffering from organ failure has led to rise in demand for artificial transplants as they have the ability to facilitate normal functioning of human organs. Furthermore, increasing number of road accidents and severe injuries is contributing to growing demand for artificial organs, globally. Additionally, the scarcity of organ donors is fueling the need for artificial organs. Moreover, technological advancements and increasing expenditure in healthcare sector are supporting the growth of artificial organs market. The introduction of bioartificial materials in manufacturing of artificial organs is also driving the growth of this market. However, high cost of artificial organs and several cases of product failure after transplant might hamper the growth of the market.
Global artificial organs market is segmented based on organ type, technology, type of fixation, material type and region. Based on region, North America holds largest market share in global artificial organs market as the region is home to increasing geriatric population and a major section of which is suffering from one or more organ failures. Additionally, high per capita income of the region is enabling people to spend freely on artificial organs.
Major companies operating in the global artificial organs market include Blood Purification Technologies Inc., Awak Technologies Pte. Ltd., Kawasumi Laboratories, Inc., Triomed AB, SynCardia Systems, LLC, BiVACOR Inc., Jarvik Heart, Inc., CARMAT SA, ALung Technologies, Inc., Breethe, Inc., among others. The companies are focusing on R&D activities to launch new products into the market and enhance their product portfolios. Some of them are also opting for mergers & acquisitions to increase their share in the global market.
Years considered for this report:
Historical Years: 2016-2019
Base Year: 2020
Estimated Year: 2021
Forecast Period: 2022-2026
Objective of the Study:
- To analyze and forecast the market size of global artificial organs market.
- To forecast global artificial organs market based on organ type, type, material type, company and regional distribution.
- To identify drivers and challenges for global artificial organs market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions etc. in global artificial organs market.
- To identify and analyze the profile of leading players operating in the global artificial organs market.
TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of artificial organ manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the players which could not be identified due to the limitations of secondary research.
TechSci Research calculated global artificial organs market size using a bottom-up approach, where data for various end user industries and its application across various product types were recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also used by TechSci Research.
Key Target Audience:
- Artificial organs manufacturers, organs suppliers and distributors and other stakeholders
- Government bodies such as regulating authorities and policy makers
- Organizations, industry associations, forums and alliances related to artificial organs
- Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as artificial organ manufacturers, partners, end users etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
Report Scope:
In this report, global artificial organs market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
- Global Artificial Organs Market, By Organ Type:
Artificial Heart
Artificial Kidney
Artificial Pancreas
Artificial Lungs
Others
- Global Artificial Organs Market, By Type:
Mechanical
Biomechanical
Biological
- Global Artificial Organs Market, By Material Type:
Inanimate Polymers
Combination of Inanimate Polymers & Living Cells
Only Living Cells
- Global Artificial Organs Market, By Region:
Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
Europe
- France
- Germany
- United Kingdom
- Spain
- Italy
North America
- United States
- Mexico
- Canada
South America
- Brazil
- Argentina
- Colombia
Middle East & Africa
- UAE
- South Africa
- Saudi Arabia
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in global artificial organs market.
Available Customizations:
With the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:
Company Information
- Detailed analysis and profiling of additional market players (up to five).
Profit Margin Analysis
- Profit margin analysis in case of direct and indirect sales channel.
Table of Contents
1. Product Overview
2. Research Methodology
3. Impact of COVID-19 on Global Artificial Organs Market
4. Executive Summary
5. Voice of Customer
6. Global Artificial Organs Market Outlook
- 6.1. Market Size & Forecast
- 6.2. Market Share & Forecast
- 6.2.1. By Organ Type (Artificial Heart, Artificial Kidney, Artificial Pancreas, Artificial Lungs, Others)
- 6.2.2. By Type (Mechanical, Biomechanical, Biological)
- 6.2.3. By Material Type (Inanimate Polymers, Combination of Inanimate Polymers & Living Cells, Only Living Cells)
- 6.2.4. By Company (2021)
- 6.2.5. By Region
- 6.3. Product Market Map
7. Asia-Pacific Artificial Organs Market Outlook
- 7.1. Market Size & Forecast
- 7.2. Market Share & Forecast
- 7.2.1. By Organ Type
- 7.2.2. By Type
- 7.2.3. By Material Type
- 7.2.4. By Country
- 7.3. Asia-Pacific: Country Analysis
- 7.3.1. China Artificial Organs Market Outlook
- 7.3.1.1. Market Size & Forecast
- 7.3.1.2. Market Share & Forecast
- 7.3.1.2.1. By Organ Type
- 7.3.1.2.2. By Type
- 7.3.1.2.3. By Material Type
- 7.3.2. India Artificial Organs Market Outlook
- 7.3.2.1. Market Size & Forecast
- 7.3.2.2. Market Share & Forecast
- 7.3.2.2.1. By Organ Type
- 7.3.2.2.2. By Type
- 7.3.2.2.3. By Material Type
- 7.3.3. Japan Artificial Organs Market Outlook
- 7.3.3.1. Market Size & Forecast
- 7.3.3.2. Market Share & Forecast
- 7.3.3.2.1. By Organ Type
- 7.3.3.2.2. By Type
- 7.3.3.2.3. By Material Type
- 7.3.4. South Korea Artificial Organs Market Outlook
- 7.3.4.1. Market Size & Forecast
- 7.3.4.2. Market Share & Forecast
- 7.3.4.2.1. By Organ Type
- 7.3.4.2.2. By Type
- 7.3.4.2.3. By Material Type
- 7.3.5. Australia Artificial Organs Market Outlook
- 7.3.5.1. Market Size & Forecast
- 7.3.5.2. Market Share & Forecast
- 7.3.5.2.1. By Organ Type
- 7.3.5.2.2. By Type
- 7.3.5.2.3. By Material Type
8. Europe Artificial Organs Market Outlook
- 8.1. Market Size & Forecast
- 8.2. Market Share & Forecast
- 8.2.1. By Organ Type
- 8.2.2. By Type
- 8.2.3. By Material Type
- 8.2.4. By Country
- 8.3. Market Attractiveness Index
- 8.4. Europe: Country Analysis
- 8.4.1. France Artificial Organs Market Outlook
- 8.4.1.1. Market Size & Forecast
- 8.4.1.2. Market Share & Forecast
- 8.4.1.2.1. By Organ Type
- 8.4.1.2.2. By Type
- 8.4.1.2.3. By Material Type
- 8.4.2. Germany Artificial Organs Market Outlook
- 8.4.2.1. Market Size & Forecast
- 8.4.2.2. Market Share & Forecast
- 8.4.2.2.1. By Organ Type
- 8.4.2.2.2. By Type
- 8.4.2.2.3. By Material Type
- 8.4.3. United Kingdom Artificial Organs Market Outlook
- 8.4.3.1. Market Size & Forecast
- 8.4.3.2. Market Share & Forecast
- 8.4.3.2.1. By Organ Type
- 8.4.3.2.2. By Type
- 8.4.3.2.3. By Material Type
- 8.4.4. Italy Artificial Organs Market Outlook
- 8.4.4.1. Market Size & Forecast
- 8.4.4.2. Market Share & Forecast
- 8.4.4.2.1. By Organ Type
- 8.4.4.2.2. By Type
- 8.4.4.2.3. By Material Type
- 8.4.5. Spain Artificial Organs Market Outlook
- 8.4.5.1. Market Size & Forecast
- 8.4.5.2. Market Share & Forecast
- 8.4.5.2.1. By Organ Type
- 8.4.5.2.2. By Type
- 8.4.5.2.3. By Material Type
9. North America Artificial Organs Market Outlook
- 9.1. Market Size & Forecast
- 9.2. Market Share & Forecast
- 9.2.1. By Organ Type
- 9.2.2. By Type
- 9.2.3. By Material Type
- 9.2.4. By Country
- 9.3. North America: Country Analysis
- 9.3.1. United States Artificial Organs Market Outlook
- 9.3.1.1. Market Size & Forecast
- 9.3.1.2. Market Share & Forecast
- 9.3.1.2.1. By Organ Type
- 9.3.1.2.2. By Type
- 9.3.1.2.3. By Material Type
- 9.3.2. Mexico Artificial Organs Market Outlook
- 9.3.2.1. Market Size & Forecast
- 9.3.2.2. Market Share & Forecast
- 9.3.2.2.1. By Organ Type
- 9.3.2.2.2. By Type
- 9.3.2.2.3. By Material Type
- 9.3.3. Canada Artificial Organs Market Outlook
- 9.3.3.1. Market Size & Forecast
- 9.3.3.2. Market Share & Forecast
- 9.3.3.2.1. By Organ Type
- 9.3.3.2.2. By Type
- 9.3.3.2.3. By Material Type
10. South America Artificial Organs Market Outlook
- 10.1. Market Size & Forecast
- 10.2. Market Share & Forecast
- 10.2.1. By Organ Type
- 10.2.2. By Type
- 10.2.3. By Material Type
- 10.2.4. By Country
- 10.3. South America: Country Analysis
- 10.3.1. Brazil Artificial Organs Market Outlook
- 10.3.1.1. Market Size & Forecast
- 10.3.1.2. Market Share & Forecast
- 10.3.1.2.1. By Organ Type
- 10.3.1.2.2. By Type
- 10.3.1.2.3. By Material Type
- 10.3.2. Argentina Artificial Organs Market Outlook
- 10.3.2.1. Market Size & Forecast
- 10.3.2.2. Market Share & Forecast
- 10.3.2.2.1. By Organ Type
- 10.3.2.2.2. By Type
- 10.3.2.2.3. By Material Type
- 10.3.3. Colombia Artificial Organs Market Outlook
- 10.3.3.1. Market Size & Forecast
- 10.3.3.2. Market Share & Forecast
- 10.3.3.2.1. By Organ Type
- 10.3.3.2.2. By Type
- 10.3.3.2.3. By Material Type
11. Middle East and Africa Artificial Organs Market Outlook
- 11.1. Market Size & Forecast
- 11.2. Market Share & Forecast
- 11.2.1. By Organ Type
- 11.2.2. By Type
- 11.2.3. By Material Type
- 11.2.4. By Country
- 11.3. MEA: Country Analysis
- 11.3.1. South Africa Artificial Organs Market Outlook
- 11.3.1.1. Market Size & Forecast
- 11.3.1.2. Market Share & Forecast
- 11.3.1.2.1. By Organ Type
- 11.3.1.2.2. By Type
- 11.3.1.2.3. By Material Type
- 11.3.2. Saudi Arabia Artificial Organs Market Outlook
- 11.3.2.1. Market Size & Forecast
- 11.3.2.2. Market Share & Forecast
- 11.3.2.2.1. By Organ Type
- 11.3.2.2.2. By Type
- 11.3.2.2.3. By Material Type
- 11.3.3. UAE Artificial Organs Market Outlook
- 11.3.3.1. Market Size & Forecast
- 11.3.3.2. Market Share & Forecast
- 11.3.3.2.1. By Organ Type
- 11.3.3.2.2. By Type
- 11.3.3.2.3. By Material Type
12. Market Dynamics
- 12.1. Drivers
- 12.2. Challenges
13. Market Trends & Developments
14. Competitive Landscape
- 14.1. Competition Outlook
- 14.2. Company Profiles
- 14.2.1. Blood Purification Technologies Inc.
- 14.2.2. Awak Technologies Pte. Ltd.
- 14.2.3. Kawasumi Laboratories, Inc.
- 14.2.4. Triomed AB
- 14.2.5. SynCardia Systems, LLC
- 14.2.6. BiVACOR Inc.
- 14.2.7. Jarvik Heart, Inc.
- 14.2.8. CARMAT SA
- 14.2.9. ALung Technologies, Inc.
- 14.2.10. Breethe, Inc.
15. Strategic Recommendations
16. About Us & Disclaimer