Global Artificial Organs Market by 2017

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MarketsandMarkets Presents
Global Artificial Organs Market worth 17.82
Billion by 2017
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dical-bionic-implant-market-908.html
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The report Artificial Organs Market  - (Vision
Bionics/Bionic Eye, Brain Bionics, Heart
Bionics/Artificial Heart, Orthopedic Bionics and
Ear Bionics) Trends and Global Forecasts to
2017 analyzes and studies the major market
drivers, restraints, and opportunities in North
America, Europe, Asia-Pacific, and Rest of the
World (RoW). Browse 127 market data tables and
14 figures spread through 298 pages and in-depth
TOC of Artificial Organs Market Trends and
Global Forecasts to 2017.  http//www.marketsan
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• This report studies the global Artificial Organs
  Market over the forecast period of 2012 to 2017.
• Bionics involves the study of biological systems
  in order to develop artificial systems that can
  replicate their functions. Bionic implants are
  mechanical or electronic systems that function
  like living organisms or parts of living
  organisms. Bionics, when extended to the field of
  medicine, seeks to replace or enhance organs or
  parts of the human body using artificial
  prosthesis. The market is expected to grow at a
  CAGR of 7.1 from 2012 to 2017 to reach 17.82
  billion by 2017.

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• The global Artificial Organs Market is divided
  into five categories based on the type of
  products, technology used, and type of fixation.
  It includes vision bionics, ear bionics,
  orthopedic bionics, heart bionics, and
  neural/brain bionics. Medical bionics in pipeline
  include wearable artificial kidney, bio-lung, and
  artificial pancreas. The technology segment
  comprises of electronic and mechanical bionics,
  while medical bionic implants are classified as
  externally worn and implantable based on the type
  of fixation.

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• The Artificial Organs Market has witnessed a
  myriad of technological advancements over the
  past two decades. It is expected that this trend
  will continue in the future in a bid to solve
  present challenges and fill unmet needs of the
  market. Manufactures are now focusing on the
  development of bionic implant products such as
  wearable artificial kidney, bio-lung, and
  artificial pancreas for diseases that cannot be
  cured with alternative treatment methods.

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• Increasing organ failure owing to aging and
  age-related disorders, increasing accidents and
  injuries leading to amputations, and rise in
  number of people awaiting organ transplants are
  the major drivers slated to propel the growth of
  this market. However, a few pivotal factors
  restraining growth are the high cost of devices
  and uncertain reimbursement scenarios in
  different regions, limited surgical expertise,
  and high cost of development.

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