Lewes, DE -- (SBWire) -- 09/01/2015 --Report forecast the global artificial organ market to grow at a CAGR of 7.99% over the period 2014-2019.
Artificial organs are human-made bio-artificial devices, which are implanted or integrated into individuals to replace or support natural organs. These include artificial heart, kidney, pancreas, and cochlear implants. Biocompatible materials such as polymers (polyurethane, polysulfone, and porous polypropylene), biologics, ceramics, and metals are used to develop artificial organs. These organs are incorporated with different technologies like sensors, biomaterials, and innovative delivery systems. Artificial organs perform the function of the natural organ and help in extending a patient's lifespan. In few cases, artificial organs are capable of eliminating the need for organ transplantation altogether.
In this report covers the present scenario and growth prospects of the global artificial organ market for 2015-2019. To calculate the market size, we consider revenue generated from the sale of artificial kidney, artificial heart, artificial pancreas, and cochlear implants.
According to the report, ESRD is the last stage of chronic kidney disease. At the end of 2014, approximately 3,200,000 patients, worldwide, were treated for ESRD, and this number is expected to increase by 6% every year. Kidney diseases in individuals who are obese, have uncontrolled high blood pressure and cholesterol levels, and consume tobacco are more likely to progress to ESRD. The disease is most prevalent in adults over 60 years of age, who are prone to age-related kidney failure. The improvement in access to dialysis treatment correlates with the number of patients requiring care.
Global Artificial Organ Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report also presents the vendor landscape and a corresponding detailed analysis of the top five vendors in the market. Also, it discusses the major drivers and challenges in the market, as well as the key trends.
Key regions
- Americas
- APAC
- EMEA
Key players in the Global Artificial Organ Market: Baxter, Cochlear, Fresenius, SynCardia and Medtronic
Other Prominent Vendors in the market are: Animas, Argon Medical Devices, Asahi Kasei Medical, B. Braun, C.R. Bard, Chongqing Shanwaishan, Covidien, DaVita, F. Hoffmann-La Roche, Insulet, Jihua Medical, Kawasumi Laboratories, Medical Components, Merit Medical Systems, Neurelec, Nikkiso, Nipro, Nurotron Biotechnology, NxStage Medical, SOOIL Development and Tandem Diabetes Care
Market driver
- Growing prevalence of ESRD
- For a full, detailed list, view our report
Market challenge
- High cost
- For a full, detailed list, view our report
Market trend
- Emergence of 3D printing
- For a full, detailed list, view our report
Key questions answered in this report
- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Spanning over 66 pages "Global Artificial Organ Market 2015-2019" report covers Executive Summary, Scope of the Report, Market Research Methodology, Introduction, Market landscape, Human organ transplantation, Market segmentation by type, Geographical segmentation, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Key vendor analysis, Appendix.
For further information on this report, please visit-
http://www.marketresearchreports.com/technavio/global-artificial-organ-market-2015-2019
Find all Medical Devices Reports at:
http://www.marketresearchreports.com/medical-devices
About Market Research Reports, Inc.
Market Research Reports, Inc. is the world's leading source for market research reports and market data. We provide you with the latest market research reports on global markets, key industries, leading companies, new products and latest industry analysis & trends.
Yearly/Quarterly Report Subscription: http://www.marketresearchreports.com/subscriptions
