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Increasing chronic diseases, expanding geriatric population, and expanding acceptance of organ transplants are major expansion points of the artificial organs market.
JERSEY CITY, N. J. , June 1, 2022 /PRNewswire/ — Verified Market Research recently published a report titled “Artificial Organs Market” by organ type (synthetic heart, synthetic kidney, synthetic pancreas, synthetic lungs, cochlear implants, and others), and across geography. According to Verified Market Research, the length of the synthetic organs market was estimated at USD 15. 74 billion in 2020 and is expected to succeed at USD 28. 31 billion through 2028, with an expansion at a CAGR of 7. 56% between 2021 and 2028.
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Explore the table of contents in intensity in “Artificial Organs Market”202 – Pages126 – Tables37 – Figures
Overview of the Global Artificial Organs Market
The major market expansion points are the expanding technological advancements in production processes such as manufacturing, standardization, and automation of biosynthetic organs. An increasing number of other people suffer from organ failure, especially aging, due to serious physical disorders such as diabetes. , central disease and chronic kidney disease. In addition, the frequency of injuries from traffic accidents and amputations increases the demand for synthetic organs.
In addition, advances in the medical generation and increased public awareness of existing medical infrastructure have led to the progression of complex synthetic aid systems. In addition, the emergence of 3D bioprinting and manufacturing of synthetic devices through the integration of artificial intelligence (AI) has improved the market outlook. On the other hand, high transplant prices are hampering the expansion of the synthetic organ market. However, the scarcity and lack of access to organ donors when they are needed are driving the progression of synthetic organ generation worldwide.
Key players. Main players
The major market players are Boston Scientific Corporation, Berlin Heart GmbH, Baxter International Inc. , Edward Lifesciences Corporation, Carmat SA, B. Braun Melsungen AG, Asahi Kasei Medical Co. Ltd, Abiomed, Getinge AB and Medtronic PLC.
Verified Market Research has segmented the global Artificial Organs market on the basis of organs and geography.
Market of synthetic organs, through organ
Synthetic organ market, across geography
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