Artificial Organs Market to Witness Huge Growth during 2019-2024
The global artificial Organs market is expected to reach a value of US$ 23.6 Billion by 2024.
(EMAILWIRE.COM, November 30, 2019 ) Request for a sample copy of this research report: https://www.imarcgroup.com/artificial-organs-market/requestsample
Artificial organs are prosthetic devices that are implanted into the human body for replacing and replicating the functions of a faulty organ. These organs are generally manufactured from biocompatible materials, such as metal, glass, carbon, natural tissues and synthetic polymers. As they aid in keeping patients with severe organ failure alive and their body functioning for numerous years, they are gaining traction as an alternative to natural organ transplantation across the globe.
According to the latest report by IMARC Group titled, “Artificial Organs Market Research Report and Forecast 2019-2024”, the market registering a CAGR of 9.5% during 2019-2024.
The unhealthy lifestyle of individuals owing to rapid urbanization, inflating income levels and increasing consumption of processed food products has led to a rise in the prevalence of chronic diseases worldwide. This, in confluence with the aging population, the escalating number of accidents and scarcity in organ donation, has catalyzed the demand for artificial organs all around the world. Moreover, manufacturers are introducing innovations, such as stem cell research, tissue engineering and 3D printing, in the manufacturing of artificial organs to improve patient comfort. Besides this, the increasing expenditure in the healthcare sector by governments of several countries is expected to create a positive outlook for the market in the coming years.
Browse full report report with TOC: https://www.imarcgroup.com/artificial-organs-market
Market Breakup by Type:
1. Artificial Kidney
2. Artificial Heart
3. Artificial Pancreas
4. Cochlear Implants
5. Others
Market Breakup by Region:
1. North America
2. Europe
3. Asia Pacific
4. Latin America
5. Middle East and Africa
Competitive Landscape
The competitive landscape of the market has been examined in the report. Some of the key players include Abiomed, Inc., HeartWare International, Inc., Edwards Lifesciences Corp, Boston Scientific Corporation and Cochlear Limited.
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Artificial organs are prosthetic devices that are implanted into the human body for replacing and replicating the functions of a faulty organ. These organs are generally manufactured from biocompatible materials, such as metal, glass, carbon, natural tissues and synthetic polymers. As they aid in keeping patients with severe organ failure alive and their body functioning for numerous years, they are gaining traction as an alternative to natural organ transplantation across the globe.
According to the latest report by IMARC Group titled, “Artificial Organs Market Research Report and Forecast 2019-2024”, the market registering a CAGR of 9.5% during 2019-2024.
The unhealthy lifestyle of individuals owing to rapid urbanization, inflating income levels and increasing consumption of processed food products has led to a rise in the prevalence of chronic diseases worldwide. This, in confluence with the aging population, the escalating number of accidents and scarcity in organ donation, has catalyzed the demand for artificial organs all around the world. Moreover, manufacturers are introducing innovations, such as stem cell research, tissue engineering and 3D printing, in the manufacturing of artificial organs to improve patient comfort. Besides this, the increasing expenditure in the healthcare sector by governments of several countries is expected to create a positive outlook for the market in the coming years.
Browse full report report with TOC: https://www.imarcgroup.com/artificial-organs-market
Market Breakup by Type:
1. Artificial Kidney
2. Artificial Heart
3. Artificial Pancreas
4. Cochlear Implants
5. Others
Market Breakup by Region:
1. North America
2. Europe
3. Asia Pacific
4. Latin America
5. Middle East and Africa
Competitive Landscape
The competitive landscape of the market has been examined in the report. Some of the key players include Abiomed, Inc., HeartWare International, Inc., Edwards Lifesciences Corp, Boston Scientific Corporation and Cochlear Limited.
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Contact Information:
IMARC Services Pvt. Ltd.
Richard Lewis
Tel: 6317911145
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results
IMARC Services Pvt. Ltd.
Richard Lewis
Tel: 6317911145
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results