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Global Artificial Organs Market to Grow at a CAGR of 6.8% During 2022-2027, Aided by the Growing Issues of Organ Failure

Artificial Organs Market

Global Artificial Organs Market Size, Share, Forecast: By Classification: Temporary Artificial Organs, Permanent Artificial Organs; By Type: Skin or Soft Tissue, Internal Organs, Sensory Organs; By Technology; By Method of Fixation; Regional Analysis; Market Dynamics: SWOT Analysis; Competitive Landscape; 2024-2032

Global Artificial Organs Market Outlook

The global artificial organs market reached a value of USD 17.45 billion in 2023. The market is further expected to grow at a CAGR of 6.8% in the forecast period of 2024-2032.

 

Global Artificial Organs Market

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Rising Demand for Kidney Transplantation to Boost the Demand for Artificial Organs

Based on type, the growing demand for the transplantation of internal organs, particularly kidney, is driving the growth of the market. This is supported by the growing cases of diabetes, and high blood pressure across the globe as these are the leading causes of kidney failure. The rising awareness regarding the availability of treatment options and escalating disposable incomes are aiding the growth of the segment.

 

North America to Significantly Contribute to the Artificial Organs Industry Growth

Region-wise, North America accounted for a significant share in the industry owing to a rise in the number of transplantation procedures being performed in the region, coupled with the growing prevalence of various lifestyle related disorders like obesity and diabetes. Moreover, the availability of well-developed healthcare infrastructure and the growing penetration of leading biotechnology and medical device companies in developed nations like the United States are significantly contributing to the industry growth. The other significant regions for the product include the Asia Pacific and Europe. Within the Asia Pacific, the improving healthcare facilities and the rising demand from economies like China, India, and Japan are expected to aid the market growth in the forecast period.

 

Artificial Organs: Market Segmentation

Artificial organs are engineered devices or tissues that are developed to mimic natural organs and support a specific function or some functions, so that the patient suffering from organ failure may return to a normal life. These organs are implanted or integrated into a human body, further interfacing with living tissues. They perform active biological or mechanical functions.

 

Global Artificial Organs Market By Technology

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Based on classification, the market is bifurcated into:

  • Temporary Artificial Organs
  • Permanent Artificial Organs

Based on type, the industry can be segmented into:

  • Skin or Soft Tissue
    • Skin
    • Muscles
    • Breasts
    • Others
  • Internal Organs
    • Heart
    • Kidney
    • Pancreas
    • Liver
    • Blood Vessels
    • Others
  • Sensory Organs
    • Ears
    • Eyes

The various technologies available in the industry include:

  • Mechanical
  • Electronic

By fixation, the industry can be bifurcated into:

  • Implantable
  • Externally Worn

The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Global Artificial Organs Market By Region

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Increase in the Number of Organ Transplantation Surgeries and Lack of Donors to Bolster the Artificial Organs Industry Growth

The rising awareness among consumers regarding organ transplantation and the lack of suitable donors and organ shortage are driving the demand for artificial organs, which is pushing the growth of the industry. With the growing need for organ transplantation, scientists are focusing on innovating safer and cheaper ways to manufacture artificial organs. Further, the growing incidence of lifestyle-related disorders and chronic diseases, along with the increasing geriatric population across the globe, is also invigorating the market growth. Other factors aiding the market expansion include favourable government initiatives and growing R&D activities, advancements in technology, escalating disposable incomes, and developing healthcare sector. Over the forecast period, advancements in the field of 3D bioprinting, which is used to develop artificial organs, and the growing integration of artificial intelligence in the healthcare sector are expected to further boost the industry growth.

 

Key Industry Players in the Global Artificial Organs Market

The report gives a detailed analysis of the following key players in the global artificial organs market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • SynCardia Systems, LLC
  • Berlin Heart GmbH
  • Carmat SA
  • Cochlear Ltd.
  • B. Braun Melsungen AG
  • Others

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

 

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Classification, Type, Technology, Method of Fixation, Region
Breakup by Classification Temporary Artificial Organs, Permanent Artificial Organs
Breakup by Type Skin or Soft Tissue, Internal Organs, Sensory Organs
Breakup by Technology Mechanical, Electronic
Breakup by Method of Fixation Implantable, Externally Worn
Breakup by Region North America, Latin America, Europe, Middle East and Africa, Asia Pacific
Market Dynamics SWOT, Porter's Five Forces, Key Indicators for Price and Demand
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered SynCardia Systems, LLC, Berlin Heart GmbH, Carmat SA, Cochlear Ltd., B. Braun Melsungen AG, Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description
    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary
    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Artificial Organs Market Analysis
    8.1    Key Industry Highlights
    8.2    Global Artificial Organs Historical Market (2018-2023) 
    8.3    Global Artificial Organs Market Forecast (2024-2032)
    8.4    Global Artificial Organs Market by Classification
        8.4.1    Temporary Artificial Organs
            8.4.1.1    Historical Trend (2018-2023)
            8.4.1.2    Forecast Trend (2024-2032)
        8.4.2    Permanent Artificial Organs
            8.4.2.1    Historical Trend (2018-2023)
            8.4.2.2    Forecast Trend (2024-2032)
    8.5    Global Artificial Organs Market by Type
        8.5.1    Skin or Soft Tissue
            8.5.1.1    Historical Trend (2018-2023)
            8.5.1.2    Forecast Trend (2024-2032)
            8.5.1.3    Breakup by Type
                8.5.1.3.1    Skin
                    8.5.1.3.1.1    Historical Trend (2018-2023)
                    8.5.1.3.1.2    Forecast Trend (2024-2032)
                8.5.1.3.2    Muscles
                    8.5.1.3.2.1    Historical Trend (2018-2023)
                    8.5.1.3.2.2    Forecast Trend (2024-2032)
                8.5.1.3.3    Breasts
                    8.5.1.3.3.1    Historical Trend (2018-2023)
                    8.5.1.3.3.2    Forecast Trend (2024-2032)
                8.5.1.3.4    Others
        8.5.2    Internal Organs
            8.5.2.1    Historical Trend (2018-2023)
            8.5.2.2    Forecast Trend (2024-2032)
            8.5.2.3    Breakup by Type
                8.5.2.3.1    Heart
                    8.5.2.3.1.1    Historical Trend (2018-2023)
                    8.5.2.3.1.2    Forecast Trend (2024-2032)
                8.5.2.3.2    Kidney
                    8.5.2.3.2.1    Historical Trend (2018-2023)
                    8.5.2.3.2.2    Forecast Trend (2024-2032)
                8.5.2.3.3    Pancreas
                    8.5.2.3.3.1    Historical Trend (2018-2023)
                    8.5.2.3.3.2    Forecast Trend (2024-2032)
                8.5.2.3.4    Liver
                    8.5.2.3.4.1    Historical Trend (2018-2023)
                    8.5.2.3.4.2    Forecast Trend (2024-2032)
                8.5.2.3.5    Blood Vessels
                    8.5.2.3.5.1    Historical Trend (2018-2023)
                    8.5.2.3.5.2    Forecast Trend (2024-2032)
                8.5.2.3.6    Others
        8.5.3    Sensory Organs
            8.5.3.1    Historical Trend (2018-2023)
            8.5.3.2    Forecast Trend (2024-2032)
            8.5.3.3    Breakup by Type
                8.5.3.3.1    Ears
                    8.5.3.3.1.1    Historical Trend (2018-2023)
                    8.5.3.3.1.2    Forecast Trend (2024-2032)
                8.5.3.3.2    Eyes
                    8.5.3.3.2.1    Historical Trend (2018-2023)
                    8.5.3.3.2.2    Forecast Trend (2024-2032)
    8.6    Global Artificial Organs Market by Technology
        8.6.1    Mechanical
            8.6.1.1    Historical Trend (2018-2023)
            8.6.1.2    Forecast Trend (2024-2032)
        8.6.2    Electronic
            8.6.2.1    Historical Trend (2018-2023)
            8.6.2.2    Forecast Trend (2024-2032)
    8.7    Global Artificial Organs Market by Method of Fixation
        8.7.1    Implantable
            8.7.1.1    Historical Trend (2018-2023)
            8.7.1.2    Forecast Trend (2024-2032)
        8.7.2    Externally Worn
            8.7.2.1    Historical Trend (2018-2023)
            8.7.2.2    Forecast Trend (2024-2032) 
    8.8    Global Artificial Organs Market by Region
        8.8.1    North America
            8.8.1.1    Historical Trend (2018-2023)
            8.8.1.2    Forecast Trend (2024-2032)
        8.8.2    Europe
            8.8.2.1    Historical Trend (2018-2023)
            8.8.2.2    Forecast Trend (2024-2032)
        8.8.3    Asia Pacific
            8.8.3.1    Historical Trend (2018-2023)
            8.8.3.2    Forecast Trend (2024-2032)
        8.8.4    Latin America
            8.8.4.1    Historical Trend (2018-2023)
            8.8.4.2    Forecast Trend (2024-2032)
        8.8.5    Middle East and Africa
            8.8.5.1    Historical Trend (2018-2023)
            8.8.5.2    Forecast Trend (2024-2032)
9    North America Artificial Organs Market Analysis
    9.1    United States of America
        9.1.1    Historical Trend (2018-2023)
        9.1.2    Forecast Trend (2024-2032)
    9.2    Canada
        9.2.1    Historical Trend (2018-2023)
        9.2.2    Forecast Trend (2024-2032)
10    Europe Artificial Organs Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2023)
        10.1.2    Forecast Trend (2024-2032)
    10.2    Germany
        10.2.1    Historical Trend (2018-2023)
        10.2.2    Forecast Trend (2024-2032)
    10.3    France
        10.3.1    Historical Trend (2018-2023)
        10.3.2    Forecast Trend (2024-2032)
    10.4    Italy
        10.4.1    Historical Trend (2018-2023)
        10.4.2    Forecast Trend (2024-2032)
    10.5    Others
11    Asia Pacific Artificial Organs Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2023)
        11.1.2    Forecast Trend (2024-2032)
    11.2    Japan
        11.2.1    Historical Trend (2018-2023)
        11.2.2    Forecast Trend (2024-2032)
    11.3    India
        11.3.1    Historical Trend (2018-2023)
        11.3.2    Forecast Trend (2024-2032)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2023)
        11.4.2    Forecast Trend (2024-2032)
    11.5    Australia
        11.5.1    Historical Trend (2018-2023)
        11.5.2    Forecast Trend (2024-2032)
    11.6    Others
12    Latin America Artificial Organs Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2023)
        12.1.2    Forecast Trend (2024-2032)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2023)
        12.2.2    Forecast Trend (2024-2032)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2023)
        12.3.2    Forecast Trend (2024-2032)
    12.4    Others
13    Middle East and Africa Artificial Organs Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2023)
        13.1.2    Forecast Trend (2024-2032)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2023)
        13.2.2    Forecast Trend (2024-2032)
    13.3    Nigeria
        13.3.1    Historical Trend (2018-2023)
        13.3.2    Forecast Trend (2024-2032)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2023)
        13.4.2    Forecast Trend (2024-2032)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Value Chain Analysis
16    Competitive Landscape
    16.1    Market Structure
    16.2    Company Profiles
        16.2.1    SynCardia Systems, LLC
            16.2.1.1    Company Overview
            16.2.1.2    Product Portfolio
            16.2.1.3    Demographic Reach and Achievements
            16.2.1.4    Certifications
        16.2.2    Berlin Heart GmbH
            16.2.2.1    Company Overview
            16.2.2.2    Product Portfolio
            16.2.2.3    Demographic Reach and Achievements
            16.2.2.4    Certifications
        16.2.3    Carmat SA
            16.2.3.1    Company Overview
            16.2.3.2    Product Portfolio
            16.2.3.3    Demographic Reach and Achievements
            16.2.3.4    Certifications
        16.2.4    Cochlear Ltd.
            16.2.4.1    Company Overview
            16.2.4.2    Product Portfolio
            16.2.4.3    Demographic Reach and Achievements
            16.2.4.4    Certifications
        16.2.5    B. Braun Melsungen AG
            16.2.5.1    Company Overview
            16.2.5.2    Product Portfolio
            16.2.5.3    Demographic Reach and Achievements
            16.2.5.4    Certifications
        16.2.6    Others
17    Key Trends and Developments in the Market

 

List of Key Figures and Tables

1.    Global Artificial Organs Market: Key Industry Highlights, 2018 and 2032
2.    Global Artificial Organs Historical Market: Breakup by Classification (USD Billion), 2018-2023
3.    Global Artificial Organs Market Forecast: Breakup by Classification (USD Billion), 2024-2032
4.    Global Artificial Organs Historical Market: Breakup by Type (USD Billion), 2018-2023
5.    Global Artificial Organs Market Forecast: Breakup by Type (USD Billion), 2024-2032
6.    Global Artificial Organs Historical Market: Breakup by Technology (USD Billion), 2018-2023
7.    Global Artificial Organs Market Forecast: Breakup by Technology (USD Billion), 2024-2032
8.    Global Artificial Organs Historical Market: Breakup by Method of Fixation (USD Billion), 2018-2023
9.    Global Artificial Organs Market Forecast: Breakup by Method of Fixation (USD Billion), 2024-2032
10.    Global Artificial Organs Historical Market: Breakup by Region (USD Billion), 2018-2023
11.    Global Artificial Organs Market Forecast: Breakup by Region (USD Billion), 2024-2032
12.    North America Artificial Organs Historical Market: Breakup by Country (USD Billion), 2018-2023
13.    North America Artificial Organs Market Forecast: Breakup by Country (USD Billion), 2024-2032
14.    Europe Artificial Organs Historical Market: Breakup by Country (USD Billion), 2018-2023
15.    Europe Artificial Organs Market Forecast: Breakup by Country (USD Billion), 2024-2032
16.    Asia Pacific Artificial Organs Historical Market: Breakup by Country (USD Billion), 2018-2023
17.    Asia Pacific Artificial Organs Market Forecast: Breakup by Country (USD Billion), 2024-2032
18.    Latin America Artificial Organs Historical Market: Breakup by Country (USD Billion), 2018-2023
19.    Latin America Artificial Organs Market Forecast: Breakup by Country (USD Billion), 2024-2032
20.    Middle East and Africa Artificial Organs Historical Market: Breakup by Country (USD Billion), 2018-2023
21.    Middle East and Africa Artificial Organs Market Forecast: Breakup by Country (USD Billion), 2024-2032
22.    Global Artificial Organs Market Structure

Key Questions Answered in the Report

What was the global artificial organs market size in 2023?

In 2023, the market size attained a value of approximately USD 17.45 billion.

What is the growth rate of the market?

The market is projected to grow at a CAGR of 6.8% between 2024 and 2032.

What are the major industry drivers?

The major drivers of the industry, such as the growing demand for organ transplantation, lack of suitable donors, growing healthcare sector, rising disposable incomes, growing occurrence of lifestyle-related disorders and chronic diseases, increasing R&D activities, technological advancements, and rising geriatric population, are expected to aid the market growth.

What are the key industry trends of the global artificial organs market?

The key market trends guiding the growth of the industry include advancements in the field of 3D bioprinting and the growing adoption of artificial intelligence in the healthcare sector.

What are the major regional markets of artificial organs, according to the EMR report?

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

What are the leading classifications of artificial organs in the market?

The leading classifications of artificial organs in the market are temporary artificial organs and permanent artificial organs.

What are the significant types of artificial organs in the market?

The significant types of artificial organs in the market are skin or soft tissue, internal organs, and sensory organs.

What are the major technologies in the market?

The major technologies in the market are mechanical and electronic.

What are the leading fixations of artificial organs in the market?

The leading fixations of artificial organs in the market are implantable and externally worn.

Who are the key market players, according to the report?

The major players in the global artificial organs market are SynCardia Systems, LLC, Berlin Heart GmbH, Carmat SA, Cochlear Ltd., and B. Braun Melsungen AG, among others.

Analyst Review

The global artificial organs market attained a value of USD 17.45 billion in 2023, driven by the rising demand for organ transplantation. Aided by the growing advancements in the field of 3D bioprinting, the market is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 6.8%.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. By classification, the market is segmented into temporary artificial organs and permanent artificial organs. On the basis of type, the industry is divided into skin or soft tissue, internal organs, and sensory organs. Based on technology, the market is bifurcated into mechanical and electronic. By fixation, the industry is divided into implantable and externally worn. The major regional markets for artificial organs are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include SynCardia Systems, LLC, Berlin Heart GmbH, Carmat SA, Cochlear Ltd., and B. Braun Melsungen AG, among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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