Review of Artificial Organ Bank Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023
"Artificial
Organ Bank Market - Global Industry Analysis, Size, Share, Growth,
Trends and Forecast 2015 - 2023"
The Report covers current Industries Trends, Worldwide Analysis,
Global Forecast, Review, Share, Size, Growth, Effect.
Description-
Organ
necessity is surpassing the supply of donated organs. Even today
there are loads of patients waiting for organ transplant but not
everyone can get it done due to the low supply of organ
transplant.According to the American Transplant Foundation in United
States about 123,000 patients are waiting for organ transplantation
and nearly 21 people die every day due to the scarcity of organ
transplant. Not only the organ scarcity is an issue but also finding
a right organ for the body is a major concern. To resolve this issue
biomedicine is a growing shift in the science world.Biomedicine is
a division of medical science which seeks biological and other
natural-science values to clinical practice for developing artificial
organs. Due to biomedicine right organ can be delivered to the
patient at a right time. Thus biomedicine is a ray of hope to the
ones who are suffering from organ failure.
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An
artificial organ is a human made device or machine which is inserted
into human being to substitute the natural organ which is damaged,
for the purpose of restoring the functions related to it, so that the
patient may return to his normal life as early as possibleThe special
materials used to develop artificial organs are biomaterials which
are accepted by our body.
Artificial organ bank market is segmented into
four types artificial organs (product type), technology, bionics and
geography. The artificial organ market includes organs such as
kidney, heart, liver, pancreas, blood vessels, eyes and ears.Heart
and Kidney are the most developed and widely used artificial
organs.Technology is segmented into electrical and mechanical. The
market for bionics can be classified into vision bionic, ear bionic,
cardiac bionic, brain bionic and bionic limbs.On the basis of the
geography, the artificial organ market can be segmented into North
America), Europe, Asia Pacific, Latin America and Rest of the World.
North America dominates the market followed by the European region.
The increasing number of dialysis,renal failure
due to faulty lifestyle, rapid aging population and disorders,
increase in the number of accidents, increase in the number of people
waiting for organ transplantation are the main factors responsible to
drive the market. The various technological development in artificial
organ, scientist are carrying out various studies on biofuel cells
which can utilize the glucose and oxygen from human body to generate
electricity. These factors create an opportunity for artificial organ
market. Theinadequate battery life, regulatory requirements of an
artificial organ, high pricing of these products to the patients.
Also the patient with the artificial organ cannot undergo other
medical examination due to the magnetic reaction between the
artificial organ and metal takes place. All these factors are
responsible for hampering the growth of global artificial organ bank
market
Some of the major players in the artificial organ
bank market are ABIOMED, Inc., Thoratec Corporation, Biomet Inc.,
Asahi Kasei Medical Co., Ltd., HeartWare, Inc.and Berlin Heart GmbH.
This research report analyzes this market on the
basis of its market segments, major geographies, and current market
trends. This report provides comprehensive analysis of
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for upcoming years
This report is a complete study of current trends
in the market, industry growth drivers, and restraints. It provides
market projections for the coming years. It includes analysis of
recent developments in technology, Porter’s five force model
analysis and detailed profiles of top industry players. The report
also includes a review of micro and macro factors essential for the
existing market players and new entrants along with detailed value
chain analysis.
Reasons for Buying this Report
- This report provides pin-point analysis for changing competitive dynamics
- It provides a forward looking perspective on different factors driving or restraining market growth
- It provides a six-year forecast assessed on the basis of how the market is predicted to grow
- It helps in understanding the key product segments and their future
- It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
- It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments
- It provides distinctive graphics and exemplified SWOT analysis of major market segments
Note: Although care has been
taken to maintain the highest levels of accuracy in TMR’s reports,
recent market/vendor-specific changes may take time to reflect in the
analysis.
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