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(MoneyNewsWire.Net, July 19, 2017 ) 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.
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The market for Artificial Organs and Bionics is mainly driven due to increasing rate of organ failures due to age-related disorders, lack of organ donors, technological advancements, and high incidence of road accidents and injuries leading to amputations. But, the market growth can be constrained due to high cost of devices and uncertain reimbursement scenarios in different regions, limited surgical expertise, and high cost of development.
Europe Artificial Organs and Bionics Market: Segmentation
Product
Artificial Organs
o Artificial Heart
o Artificial Kidney
o Artificial liver
o Artificial pancreas
o Artificial lungs
Bionics
o Vision bionics
o Ear bionics
o Orthopedic bionic
o Cardiac Bionics
o Brain bionics
Y-o-Y Growth Analysis, By Product
Market Attractiveness Analysis, By Product
Market Share Analysis, By Product
Technology
Electronic bionics
Mechanical bionics
Y-o-Y Growth Analysis, By Technology
Market Attractiveness Analysis, By Technology
Market Share Analysis, By Technology
Type of fixation
Implantable
Externally worn
Y-o-Y Growth Analysis, By Type of fixation
Market Attractiveness Analysis, By Type of fixation
Market Share Analysis, By Type of fixation
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Geographically, Europe market for Artificial Organs and Bionics is segmented into U.K., Germany, Spain, France and Italy. Europe is the second biggest market in terms of market share across the globe. 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 factor, the market is experiencing fair growth in Europe.
Orthofix International N.V., Biomet, Inc., Medtronic, Inc., Cochlear Ltd., Second Sight Medical Products, Inc., Ossur, Ekso Bionics, St. Jude Medical, Inc., Baxter International, Inc., Abiomed Inc., Asahi Kasei Medical Co., Ltd, Berlin Heart GmbH, Boston Scientific Corporation, F Hoffman-La Roche Ltd, Worldheart Corporation, Thoratec Corporation, Gambro AB, Lifenet Health, Jarvik Heart Inc. are the major players of Europe Artificial Organs and Bionics market.
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Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
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A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
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