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Global Wearable Artificial Organs Market Size study, by Product (Kidney, Pancreas, Cochlear Implant, Exoskeleton, Vision Bionics, Brain Bionics, Bionics Limbs), by Technology (Mechanical, Electronic) and Regional Forecasts 2020-2027

  • BIZ4026535
  • 200 Pages
  • August 2020
  • Medical Devices
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Global Wearable Artificial Organs Market is valued approximately at USD 5.4 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 16.2% over the forecast period 2020-2027. The artificial organ is a type of engineered device incorporated into human living tissues to replenish the human organ. In general, artificial organs are human-made devices or machines that can be substituted for human organs that endure from the malfunctioning or loss of absolute operational ability. The artificial organs are usually developed from the particular human stem cells and later grown in laboratories. Due to these reasons, the artificial organs have been transforming the scenario of the medical world for the past few decades. Although, the developments and/or innovation of new artificial organs are still evolving, offering positive growth prospects to the global wearable artificial organ market in the near future. Moreover, increasing demand and supply gap of organ donors due to rising incidence of organ failure, along with the growing incidence of road accidents and permanent injuries are the few other factors responsible for the market growth over the forecast period. According to the Organdonar.gov, around 39,718 transplants were performed in 2019. Although, the demand and supply gap of organ donor causes 20 people to die each day waiting for an organ transplant. Thus, the rise in the gap between demand and supply of organ transplants may drive the adoption of wearable artificial organs all over the world. Furthermore, the rising number of FDA approved wearable artificial organs, and developing healthcare infrastructure is further accelerating the market growth worldwide. For instance, in August 2019, the FDA has approved the MED-EL Cochlear Implant System for asymmetric hearing loss and single-sided deafness. This implant system can be used among children aged 5 years and older. However, the high cost of wearable artificial organs and lack of awareness in developing countries is one of the major factors impeding the market growth over the forecast period of 2020-2027.

The regional analysis of the global Wearable Artificial Organs market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the increasing research and development (R&D) expenditure and rapid FDA approvals of these devices, along with the large presence of market vendors in the region. Whereas Asia-Pacific is anticipated to exhibit the highest growth rate / CAGR over the forecast period 2020-2027. Factors such as the rising incidences of organ failure and growing healthcare budget & medical tourism would create lucrative growth prospects for the Wearable Artificial Organs market across the Asia-Pacific region.

Major market player included in this report are:

Medtronic plc

Awak Technologies PTE. Ltd.

Second Sight Medical Products Inc.

Cochlear Limited

EKSO Bionics

MED-EL

Abbott Laboratories

Boston Scientific Corporation

HDT Global, Inc.

Touch Bionic. Inc.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product:

Kidney

Pancreas

Cochlear Implant

Exoskeleton

Vision Bionics

Brain Bionics

Bionics Limbs

By Technology:

Mechanical

Electronic

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2017, 2018

Base year – 2019

Forecast period – 2020 to 2027

Target Audience of the Global Wearable Artificial Organs Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

Chapter 1. Executive Summary

1.1. Market Snapshot

1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Billion)

1.2.1. Wearable Artificial Organs Market, by Region, 2018-2027 (USD Billion)

1.2.2. Wearable Artificial Organs Market, by Product, 2018-2027 (USD Billion)

1.2.3. Wearable Artificial Organs Market, by Technology, 2018-2027 (USD Billion)

1.3. Key Trends

1.4. Estimation Methodology

1.5. Research Assumption

Chapter 2. Global Wearable Artificial Organs Market Definition and Scope

2.1. Objective of the Study

2.2. Market Definition & Scope

2.2.1. Scope of the Study

2.2.2. Industry Evolution

2.3. Years Considered for the Study

2.4. Currency Conversion Rates

Chapter 3. Global Wearable Artificial Organs Market Dynamics

3.1. Wearable Artificial Organs Market Impact Analysis (2018-2027)

3.1.1. Market Drivers

3.1.2. Market Challenges

3.1.3. Market Opportunities

Chapter 4. Global Wearable Artificial Organs Market: Industry Analysis

4.1. Porter’s 5 Force Model

4.1.1. Bargaining Power of Suppliers

4.1.2. Bargaining Power of Buyers

4.1.3. Threat of New Entrants

4.1.4. Threat of Substitutes

4.1.5. Competitive Rivalry

4.1.6. Futuristic Approach to Porter’s 5 Force Model (2017-2027)

4.2. PEST Analysis

4.2.1. Political

4.2.2. Economical

4.2.3. Social

4.2.4. Technological

4.3. Investment Adoption Model

4.4. Analyst Recommendation & Conclusion

Chapter 5. Global Wearable Artificial Organs Market, by Product

5.1. Market Snapshot

5.2. Global Wearable Artificial Organs Market by Product, Performance - Potential Analysis

5.3. Global Wearable Artificial Organs Market Estimates & Forecasts by Product 2017-2027 (USD Billion)

5.4. Wearable Artificial Organs Market, Sub Segment Analysis

5.4.1. Kidney

5.4.2. Pancreas

5.4.3. Cochlear Implant

5.4.4. Exoskeleton

5.4.5. Vision Bionics

5.4.6. Brain Bionics

5.4.7. Bionics Limbs

Chapter 6. Global Wearable Artificial Organs Market, by Technology

6.1. Market Snapshot

6.2. Global Wearable Artificial Organs Market by Technology, Performance - Potential Analysis

6.3. Global Wearable Artificial Organs Market Estimates & Forecasts by Technology 2017-2027 (USD Billion)

6.4. Wearable Artificial Organs Market, Sub Segment Analysis

6.4.1. Mechanical

6.4.2. Electronic

Chapter 7. Global Wearable Artificial Organs Market, Regional Analysis

7.1. Wearable Artificial Organs Market, Regional Market Snapshot

7.2. North America Wearable Artificial Organs Market

7.2.1. U.S. Wearable Artificial Organs Market

7.2.1.1. Product breakdown estimates & forecasts, 2017-2027

7.2.1.2. Technology breakdown estimates & forecasts, 2017-2027

7.2.2. Canada Wearable Artificial Organs Market

7.3. Europe Wearable Artificial Organs Market Snapshot

7.3.1. U.K. Wearable Artificial Organs Market

7.3.2. Germany Wearable Artificial Organs Market

7.3.3. France Wearable Artificial Organs Market

7.3.4. Spain Wearable Artificial Organs Market

7.3.5. Italy Wearable Artificial Organs Market

7.3.6. Rest of Europe Wearable Artificial Organs Market

7.4. Asia-Pacific Wearable Artificial Organs Market Snapshot

7.4.1. China Wearable Artificial Organs Market

7.4.2. India Wearable Artificial Organs Market

7.4.3. Japan Wearable Artificial Organs Market

7.4.4. Australia Wearable Artificial Organs Market

7.4.5. South Korea Wearable Artificial Organs Market

7.4.6. Rest of Asia Pacific Wearable Artificial Organs Market

7.5. Latin America Wearable Artificial Organs Market Snapshot

7.5.1. Brazil Wearable Artificial Organs Market

7.5.2. Mexico Wearable Artificial Organs Market

7.6. Rest of The World Wearable Artificial Organs Market

Chapter 8. Competitive Intelligence

8.1. Top Market Strategies

8.2. Company Profiles

8.2.1. Medtronic plc

8.2.1.1. Key Information

8.2.1.2. Overview

8.2.1.3. Financial (Subject to Data Availability)

8.2.1.4. Product Summary

8.2.1.5. Recent Developments

8.2.2. Awak Technologies PtTE Ltd.

8.2.3. Second Sight Medical Products Inc.

8.2.4. Cochlear Limited

8.2.5. EKSO Bionics

8.2.6. MED-EL

8.2.7. Abbott Laboratories

8.2.8. Boston Scientific Corporation

8.2.9. HDT Global, Inc.

8.2.10. Touch Bionic. Inc.

Chapter 9. Research Process

9.1. Research Process

9.1.1. Data Mining

9.1.2. Analysis

9.1.3. Market Estimation

9.1.4. Validation

9.1.5. Publishing

9.2. Research Attributes

9.3. Research Assumption

TABLE 1. Global Wearable Artificial Organs market, report scope

TABLE 2. Global Wearable Artificial Organs market estimates & forecasts by region 2017-2027 (USD Billion)

TABLE 3. Global Wearable Artificial Organs market estimates & forecasts by Product 2017-2027 (USD Billion)

TABLE 4. Global Wearable Artificial Organs market estimates & forecasts by Technology 2017-2027 (USD Billion)

TABLE 5. Global Wearable Artificial Organs market by segment, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 6. Global Wearable Artificial Organs market by region, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 7. Global Wearable Artificial Organs market by segment, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 8. Global Wearable Artificial Organs market by region, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 9. Global Wearable Artificial Organs market by segment, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 10. Global Wearable Artificial Organs market by region, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 11. Global Wearable Artificial Organs market by segment, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 12. Global Wearable Artificial Organs market by region, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 13. Global Wearable Artificial Organs market by segment, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 14. Global Wearable Artificial Organs market by region, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 15. Global Wearable Artificial Organs market by segment, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 16. Global Wearable Artificial Organs market by region, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 17. Global Wearable Artificial Organs market by segment, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 18. Global Wearable Artificial Organs market by region, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 19. Global Wearable Artificial Organs market by segment, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 20. Global Wearable Artificial Organs market by region, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 21. U.S. Wearable Artificial Organs market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 22. U.S. Wearable Artificial Organs market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 23. U.S. Wearable Artificial Organs market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 24. Canada Wearable Artificial Organs market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 25. Canada Wearable Artificial Organs market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 26. Canada Wearable Artificial Organs market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 27. UK Wearable Artificial Organs market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 28. UK Wearable Artificial Organs market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 29. UK Wearable Artificial Organs market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 30. Germany Wearable Artificial Organs market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 31. Germany Wearable Artificial Organs market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 32. Germany Wearable Artificial Organs market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 33. France Wearable Artificial Organs market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 34. France Wearable Artificial Organs market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 35. France Wearable Artificial Organs market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 36. Spain Wearable Artificial Organs market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 37. Spain Wearable Artificial Organs market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 38. Spain Wearable Artificial Organs market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 39. Italy Wearable Artificial Organs market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 40. Italy Wearable Artificial Organs market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 41. Italy Wearable Artificial Organs market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 42. ROE Wearable Artificial Organs market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 43. ROE Wearable Artificial Organs market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 44. ROE Wearable Artificial Organs market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 45. China Wearable Artificial Organs market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 46. China Wearable Artificial Organs market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 47. China Wearable Artificial Organs market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 48. India Wearable Artificial Organs market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 49. India Wearable Artificial Organs market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 50. India Wearable Artificial Organs market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 51. Japan Wearable Artificial Organs market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 52. Japan Wearable Artificial Organs market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 53. Japan Wearable Artificial Organs market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 54. Australia Wearable Artificial Organs market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 55. Australia Wearable Artificial Organs market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 56. Australia Wearable Artificial Organs market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 57. South Korea Wearable Artificial Organs market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 58. South Korea Wearable Artificial Organs market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 59. South Korea Wearable Artificial Organs market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 60. ROPAC Wearable Artificial Organs market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 61. ROPAC Wearable Artificial Organs market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 62. ROPAC Wearable Artificial Organs market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 63. Brazil Wearable Artificial Organs market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 64. Brazil Wearable Artificial Organs market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 65. Brazil Wearable Artificial Organs market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 66. Mexico Wearable Artificial Organs market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 67. Mexico Wearable Artificial Organs market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 68. Mexico Wearable Artificial Organs market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 69. ROLA Wearable Artificial Organs market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 70. ROLA Wearable Artificial Organs market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 71. ROLA Wearable Artificial Organs market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 72. ROW Wearable Artificial Organs market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 73. ROW Wearable Artificial Organs market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 74. ROW Wearable Artificial Organs market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 75. List of secondary sources, used in the study of global Wearable Artificial Organs market

TABLE 76. List of primary sources, used in the study of global Wearable Artificial Organs market

TABLE 77. Years considered for the study

TABLE 78. Exchange rates considered

 
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