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(MoneyNewsWire.Net, February 23, 2018 ) According to the report Artificial Organs and Bionics, published by Market Data Forecast, the Asia Pacific market is projected to reach USD 6.67 billion by 2021, at a CAGR of 10.4% from 2016 to 2021.
Artificial organs are devices which are man-made, integrated into human body so as to replace the natural organs that are either completely or partially not performing its functions. Bionic implants are electronic or mechanical systems which function like living organisms or parts of it.
Get a comprehensive overview of the Asia Pacific Artificial Organs and Bionics: https://www.marketdataforecast.com/market-reports/asia-pacific-artificial-organs-and-bionics-market-1664/
Asia Pacific Artificial Organs and Bionics: Drivers & Restraints
Artificial Organs and Bionics market in this region is driven by factors like growing prevalence of renal disorders and acute renal failure owing to lifestyle habits like high rates of consumption of alcohol and growing aging population base, resulting in a rise in rates of organ failure. However, the market is constrained owing to factors such as high implantation price of artificial organs and continuous technological innovations in artificial organ product designs which has made it difficult to justify clear cost effectiveness.
Get accurate market forecast and analysis on the Asia Pacific Artificial Organs and Bionics. Request a sample to stay up-to-date on the main trends affecting this market: https://www.marketdataforecast.com/market-reports/asia-pacific-artificial-organs-and-bionics-market-1664/request-sample
Asia Pacific Artificial Organs and Bionics: Segmentation
By Product
• Introduction
• 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
By Technology
• Introduction
• Electronic bionics
• Mechanical bionics
By Type of fixation
• Introduction
• Implantable
• Externally worn
By Geography
• Asia-Pacific
o China
o India
o Japan
o Australia
o South Korea
From simple data collection through secondary and primary research to ad-hoc research requests relating to specific information, we provide our services via customization. Get customization at: https://www.marketdataforecast.com/market-reports/asia-pacific-artificial-organs-and-bionics-market-1664/customize-report
Asia Pacific Artificial Organs and Bionics: Overview
Factors like high rates of consumption of alcohol and growing aging population base are affecting the growth of this market positively. However, other factors such as high prices and continuous technological innovations in artificial organ product designs are expected to restrain the growth of this market. In this market, Cardiac bionics and Brain bionics account for the largest share. Globally, Asia Pacific region is expected to have the fastest growth rate during the forecast period.
Asia Pacific Artificial Organs and Bionics: Key Players
Some of the major companies dominating Asia Pacific Artificial Organs and Bionics Market are Asahi Kasei Medical Co., Ltd, Baxter International, Inc., Abiomed Inc., Boston Scientific Corporation, F Hoffman-La Roche Ltd, Worldheart Corporation,Medtronic, Inc., Berlin Heart GmbH,Orthofix International N.V., Cochlear Ltd., Second Sight Medical Products, Inc., Ossur, Ekso Bionics, St. Jude Medical, Inc., Biomet, Inc., Thoratec Corporation, Gambro AB, Lifenet Health, Jarvik Heart Inc.
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