The Global Artificial Organ And Bionics Market is expected to reach USD 38.75 billion by 2020 at an estimated CAGR of 9.3% from 2014 to 2020, according to a new study by Grand View Research, Inc. Increasing prevalence of acute renal failure and renal disorders due to lifestyle habits such as excessive alcohol consumption and growing geriatric population base causing a rise in organ failure rates is expected to serve this market as a high impact rendering driver. In addition, growing incidence rates of accidents is expected to boost the demand for organ transplants, thus increasing demand for artificial organ. Artificial kidney dominated the global market in 2013, with revenue estimated at over USD 12.21 billion; demand is expected grow due to the increasing chronic kidney patients. Artificial liver is the fastest growing market
Full Research Report on Global Artificial Organ And Bionics Market Analysis:
Further key findings from the study suggest:
View more reports of this category by Grand View Research at: http://www.grandviewresearch.com/industry/healthcare-it
Grand View Research has segmented the Global Artificial Organ And Bionics Market on the basis of product, technology and region:
Artificial Organ Product Outlook
Artificial Organ Technology Outlook
Artificial Organ Regional Outlook
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About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
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