Navigation Links
Artificial Organs (Medical Bionic Implants) Market is expected to grow at a CAGR of 7.1% & to reach $17.82 billion by 2017 - New Report by MarketsandMarkets

(PRWEB) February 16, 2013

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.

Browse 127 market data tables and 14 figures spread through 298 pages and in-depth Table of Content of “Medical Bionic Implant (Artificial Organs) Market - (Vision Bionics/Bionic Eye, Brain Bionics, Heart Bionics/Artificial Heart, Orthopedic Bionics and Ear Bionics) – Trends and Global Forecasts to 2017”.
Early buyers will receive 10% customization on reports.

This report studies the global medical bionic implants 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.

The global medical bionic implant (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.

The medical bionic implant (artificial organs) industry 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.

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.

About MarketsandMarkets

MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world.

MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. M&M covers thirteen industry verticals, including advanced materials, automotive and transportation, banking and financial services, biotechnology, chemicals, consumer goods, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor and electronics, and telecommunications and IT.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Mr. Rohan
North - Dominion Plaza,
17304 Preston Road,
Suite 800, Dallas, TX 75252
Tel: +1-888-6006-441
Email: sales(at)marketsandmarkets(dot)com
MarketsandMarkets Blog
MarketsandMarkets Google Plus Profile

Read the full story at

Source: PRWeb
Copyright©2012 Vocus, Inc.
All rights reserved

Related medicine news :

1. Could Compound in Artificial Sweeteners Worsen Crohns Disease?
2. Farmers tough on artificial limbs
3. Artificial butter flavoring ingredient linked to key Alzheimers disease process
4. A leap forward in the quest to develop an artificial pancreas
5. FDA: Dont Use Pradaxa Blood Thinner in Patients With Artificial Heart Valves
6. Artificial pancreas: The way of the future for treating type 1 diabetes
7. 3 types of fetal cells can migrate into maternal organs during pregnancy
8. Many patients who die while awaiting liver transplant have had donor organs declined
9. Two bionic ears are better than the sum of their parts
10. Announces Arrival of Golf Inventory from Adidas, Bionic, Callaway, Ecco, FootJoy, and Nike
11. FDA Approves Bionic Eye to Help Against Rare Vision Disorder
Post Your Comments:
(Date:10/13/2017)... ... 2017 , ... Global Healthcare Management’s 4th Annual Kids Fun Run brought out ... free event, sponsored by Global Healthcare Management’s CEO, Jon Letko, is aimed at getting ... children of all ages; it is a non-competitive, non-timed event, which is all about ...
(Date:10/13/2017)... ... 13, 2017 , ... Talented host, actor Rob Lowe, is ... a new episode of "Success Files," which is an award-winning educational program broadcasted ... each subject in-depth with passion and integrity. , Sciatica occurs when the sciatic ...
(Date:10/13/2017)... ... ... “The Journey: From the Mountains to the Mission Field”: the story of a missionary ... Journey: From the Mountains to the Mission Field” is the creation of published author, ... ages and currently teaches a class of ladies at her church, which she has ...
(Date:10/12/2017)... Del. (PRWEB) , ... October 12, 2017 , ... ... and advisory services for healthcare compliance program management, will showcase a range of ... National Association for Assisted Living (NCAL) Convention and Expo to be held October ...
(Date:10/12/2017)... (PRWEB) , ... October 12, 2017 , ... Planet Fitness, ... the U.S., announced today its plans to open a flagship location in Covington, LA ... the former Rooms To Go store next to Office Depot in the Holiday Square ...
Breaking Medicine News(10 mins):
(Date:9/19/2017)... --  ZirMed Inc ., a recognized leader in cloud-based revenue ... been ranked #1 by its users for the seventh consecutive ... Survey. ZirMed was recognized as the top-ranked end-to-end revenue cycle ... over 200 beds and holds one of the longest #1 ... ...
(Date:9/18/2017)... 18, 2017 EpiVax, Inc. ("EpiVax") ... and immune engineering, today announced a new ... (H7N9) vaccine. ... influenza and presents a challenge for traditional ... to be effective. Using state-of-the-art bioinformatics and molecular ...
(Date:9/12/2017)... 12, 2017   EcoVadis , the leading platform for environmental, social ... annual edition of its Global CSR Risk and Performance Index. The report ... based on Scorecard Ratings that analyzed nearly 800,000 data points across the ... ... ...
Breaking Medicine Technology: