APAC Artificial Organs and Bionics Market to Witness Robust Growth until 2025

Increasing cases of organ failures, disabilities, road accidents leading to amputations and surging technological advancements to drive APAC artificial organs and bionics market

According to TechSci Research report, “APAC Artificial Organs and Bionics Market, By Products (Artificial heart, Artificial Kidneys, Artificial Thyroid Gland, Bionic Limb, Ear Bionic, Artificial Lung, Artificial Womb, Ear Bionics and Others), By Technology (Suction Technology, Implanted myoelectric sensor (IMES) technology, Socket-Based Technology, 3D Bioprinting and Others), By Material (Mechanical (Plastics, Metal), Biomechanical (Living matter and polymer), Biological), By End-User (Hospitals, Surgical Centers and Others), By Country, Forecast & Opportunities, 2025”, the APAC artificial organs and bionics market is expected to grow at substantial rate during the forecast period on account of rising cases of disabilities, organ failures and road accidents leading to amputations. Additionally, growing technological advancements in the fields of biotechnology, medical sciences and R&D sector coupled with incessant efforts of government to maintain a healthy environment across the region are the major factors contributing to the growth of the market.  Moreover, the technological advancements have made it feasible to replace any damaged or missing organ with an artificial one. Artificial organs of humans can be grown artificially by many methods such as in laboratories (in vitro), using stem cells (in vivo), by cyborgisation, xenotransplantation, etc.  However, there are many restraining factors associated with the market such as scarcity and cost-expensiveness of the desired organs that need to be transplanted. Also, artificial organ transplantation comes along with the fear of loss of life even if slightly mishandled, which discourages the people to go for artificial transplantations.  

Browse XX market data Tables and XX Figures spread through XXX Pages and an in-depth TOC on“APAC Artificial Organs and Bionics Market“

https://www.techsciresearch.com/report/apac-artificial-organs-and-bionics-market/4563.html

The APAC artificial organs and bionics market is segmented based on product, technology, material, end-user, company and country. The product segment is further divided into artificial heart, artificial kidney, artificial thyroid gland, bionic limb, ear bionic, artificial lung, artificial womb and others. As of 2019, Artificial kidneys held the maximum share followed by artificial heart on the back of increasing renal disorders. Kidney failures lead to failure of blood filtration and thus, the blood gets polluted with extra water and other waste products. Since, blood is one of the most important assets of the human body and thus, it is necessary to keep it clean and filtered, which can only be done with the help of kidneys. This factor is anticipated to elevate the demand for artificial kidneys through 2025, as they assist in doing the same.

Based on country, the APAC artificial organs and bionics market can be segregated into China, India, Japan, South Korea, Singapore and Australia. Among these, Japan held the largest market share in the year 2019, as it is one of the highly developed nations in the region, which has the technology and infrastructure to carry out the transplantations easily. However, India is likely to be the fastest growing sector as the economy of the country is gradually improving, which will make it capable enough to afford the expensive transplantations. Also, the growth of artificial organs and bionics market in India can be attributed to the increasing cases of organ failures and disabilities.

Some of the major players in India artificial organs and bionics market include Medtronic, Getinge AB, Ekso Bionics Holdings Inc., Boston Scientific Corporation, A biomed, Rex Bionics, Ossur, ReWalk, Cyberdyne Inc., Blatchford, Obara Kogyo Inc. Ltd., Artificial Limbs Manufacturing Corporation of India, Otto Bock, Jarvik Heart, SynCardia Systems, Zimmer Biomet, Cochlear Limited, Roche Holding AG, Gembro AB, Lifenet Health, and many others. One of the prominent strategies adopted by major players is to form an alliance with research organizations or medical schools in order to remain competitive in the artificial organs and bionics market. For instance, in February 2018, Jikei University School of Medicine and Asahi Kasei Corp of Japan formed a joint venture for an abdominal aortic aneurysm stent graft.

Download Sample Report @ https://www.techsciresearch.com/sample-report.aspx?cid=4563

Customers can also request for 10% free customization on this report.

“The market for APAC artificial organs and bionics market is expected to grow at a robust rate until 2025. Increasing cases of kidney failures, heart failures and heart attacks have paved a way for the extensive growth of the market. Additionally, unhealthy lifestyle of today’s generation is responsible for the rise in the cholesterol and blood sugar levels in the body, which eventually may lead to heart failures.,” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“APAC Artificial Organs and Bionics Market, By Products (Artificial heart, Artificial Kidneys, Artificial Thyroid Gland, Bionic Limb, Ear Bionic, Artificial Lung, Artificial Womb, Ear Bionics and Others), By Technology (Suction Technology, Implanted myoelectric sensor (IMES) technology, Socket-Based Technology, 3D Bioprinting and Others), By Material (Mechanical (Plastics, Metal), Biomechanical (Living matter and polymer), Biological), By End-User (Hospitals, Surgical Centers and Others), By Country, Forecast & Opportunities, 2025”, has evaluated the future growth potential of APAC artificial organs and bionics market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in APAC artificial organs and bionics market.

Contact

Mr. Ken Mathews

708 Third Avenue,

Manhattan, NY,

New York – 10017

Tel: +1-646-360-1656

Email: [email protected]