The Global Market for Artificial Organ Banks: Analysis & Forecasts (2018-2024) - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Sep 20, 2018--The “Artificial Organ Bank Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2024” report has been added to ResearchAndMarkets.com’s offering.
The report predicts the global artificial organ bank market to grow with a CAGR of 6.9% over the forecast period of 2018-2024.
The artificial organ bank market is projected to witness noteworthy growth owing to growing accident incidences which upsurge the demand for artificial organs and hence the growth of this market.
Growth in aged population and increasing life expectation joined with growing adoption of artificial organs are also estimated to boost the artificial organ bank market. Furthermore, upsurge in the number of people waiting for organ transplantation and scarcity of organ donor is also responsible for the growth of this market.
Additionally, numerous technological developments in artificial organ, scientists are carrying out several studies on biofuel cells that can utilize the oxygen and glucose from human body to generate electricity and these factors create an opportunity in future for artificial organ market.
On the contrary high implantation cost and limited surgical expertise are anticipated to restrain the growth of the market. However, the inaccessibility and scarcity of organ donors at the time of necessity has fortified the growth of artificial organs technology across the world.
Among the geographic, North America region has dominated the growth in Artificial Organ Bank Market followed by Asia Pacific and Europe.
Key Topics Covered
2. Executive Summary
3. Global Artificial Organ Bank Market Overview
4. Artificial Organ Bank Market Macro Indicator Analysis
5. Global Artificial Organ Bank Market by Product Type
6. Global Artificial Organ Bank Market by Technology
7. Global Artificial Organ Bank Market by Bionics
8. Global Artificial Organ Bank Market by Region 2018-2024
9. Company Profiles and Competitive LandscapeAbiomed, Inc. Berlin Heart GmbH Biomet, Inc. Boston Scientific Corporation Cochlear, Ltd. Edwards Lifesciences Corporation Ekso Bionics Heartware International, Inc. iWalk, Inc. Jarvik Heart, Inc.
For more information about this report visit https://www.researchandmarkets.com/research/bhhxc6/the_global_market?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20180920005769/en/
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SOURCE: Research and Markets
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PUB: 09/20/2018 02:18 PM/DISC: 09/20/2018 02:18 PM