Medical Bionic Implant/Artificial Organs Market Growth, Trends and Forecast Till 2023 By MarketResea

Medical Bionic Implant/Artificial Organs Market Research Report Forecast to 2023 Global Industry Survey, Growth, Competitive Landscape and Forecasts to 2023

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Medical Bionic Implant/Artificial Organs Market Research Report - Forecast to 2023 Research Across Sectors to Give Impetus to Global Medical Bionic Implant/Artificial Organs Market 2023 • Bionic implants are artificially engineered devices that are implanted into a human to replace a natural organ. The main purpose of bionic implants is to provide life support to prevent imminent death while awaiting a transplant and improve the patient's ability to interact socially.

• A number of factors such as the increasing cases of organ failure, technological advancements, rising cases of accidents and injuries, improving regulatory framework, increasing government assistance, and increasing prevalence of eye diseases are propelling the growth of the global medical bionic implant/artificial organs market.

• However, lack of skilled professionals and the high cost of devices and poor healthcare system in low and middleincome countries may hamper the growth of the market.

• It is estimated that the medical bionic implant/artificial organs market is expected to register a CAGR of 7.0% during the forecast period of 2018–2023.

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Medical Bionic Implant/Artificial Organs Market Research Report - Forecast to 2023 Segmentation: • The Global Medical Bionic Implant/Artificial Organs Market is segmented on the basis of technology, product, fixation, and end-user.

• On the basis of technology, the market is classified as mechanical bionics and electronic bionics.

• By product, the market is classified as vision bionics, ear bionics, orthopedic bionics, heart bionics, neural/brain bionics, and others. Vision bionics are further segmented as bionic eye and others. Ear bionics are further segmented as cochlear implant and Bone Anchored Hearing Aid (BAHA). Orthopedic bionics are further segmented as bionic hand, bionic leg, bionic finger, exoskeleton, and electrical bone growth stimulators. The subsegments of bionic leg include bionic knee and bionic feet. The sub-segments of electrical bone growth stimulators include invasive bone growth stimulators and non-invasive bone growth stimulators. Heart bionics are further segmented as pacemaker, total artificial heart, ventricular assist device, and artificial heart valve. The subsegments of pacemaker include implantable cardiac pacemaker and external pacemaker. The sub-segments of artificial heart valve include mechanical heart valve and tissue heart valve. Neural/brain bionics are further segmented as deep brain stimulators, vagus nerve stimulator, and spinal cord stimulators.

• By fixation, the market is segmented into implantable and externally worn.

• By end-user, the market is segmented into hospitals and clinics, research and academic institutes, and others.

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Medical Bionic Implant/Artificial Organs Market Research Report - Forecast to 2023 Application & Major Players in this Research:

Medical Bionic Implant/Artificial Organs Market Prominent Players: Some of key the players in the global medical bionic implant/artificial organs market are Aleva Neurotherapeutics SA (Switzerland), Biocontrol Medical (Israel), Biomet, Inc. (U.S.), Boston Scientific Corporation (U.S.), Cochlear Ltd. (Australia), Cyberonics, Inc. (U.S.), Ekso Bionics (U.S.), LivaNova PLC (U.K), Medtronic, Inc. (U.S.), NeuroPace, Inc. (U.S.), Orthofix International N.V. (The Netherlands), Ossur (Iceland), Second Sight Medical Products, Inc. (U.S.), and St. Jude Medical, Inc. (U.S.).

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Medical Bionic Implant/Artificial Organs Market Research Report - Forecast to 2023 About Us: Market Research Future At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), ContinuousFeed Research (CFR), and Market Research & Consulting Services.

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