The Europe Artificial Organ And Bionics Market would witness market growth of 9.1% CAGR during the forecast period (2022-2028).
Artificial legs and arms, or prosthetics, are designed to provide amputees a semblance of normal function. Since prehistoric times, mechanical aids that enable amputees to regain their ability to walk or use two hands have likely been in use, with the peg leg being the most known example. Since then, artificial limb technology has advanced quickly. Artificial limbs can now be made out of stronger and lighter materials, like carbon fiber and new polymers, which reduces the amount of additional energy required to operate the limb. Artificial limbs now look considerably more realistic due to the addition of new materials.
Cardiovascular disorders are rapidly increasing in the region. According to the National Library of Medicine, in Europe, cardiovascular disease is already responsible for 4 million deaths each year. In the worst-affected nations of the European Union, central and eastern Europe has the highest rate of heart disease-related mortality. Heart disease has a significant negative impact on the economies of Europe. The annual cost of treating cardiovascular illness by EU governments was projected to be 74 billion euros at the campaign's summit this week in Brussels. Additional expenses brought on by decreased output and the financial consequences of illness and death total another 106 billion euros.
The statistics from the organization also highlight the fact that risk factors like obesity and diabetes are becoming more common across Europe. According to a 1997 poll conducted across the European Union, between 27 and 35% of people were overweight, while between 7 and 12% (in Italy, France, and the United Kingdom) were obese. Smoking continues to raise concerns because it contributes to 22% of male and 4% of female cardiovascular disease fatalities in Europe. In northern, southern, as well as western Europe, trends over the past 20 years indicate that the habit is dropping among males. However, in certain nations, women are now smoking almost as much as men, and teen tobacco use appears to be on the rise. Due to these factors, the demand for heart transplant surgeries in the region is being propelled. This factor would expedite the growth of the regional artificial organs and bionics market.
The Germany market dominated the Europe Artificial Organ And Bionics Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $2,607 million by 2028. The UK market is anticipated to grow at a CAGR of 8.2% during (2022 - 2028). Additionally, The France market would showcase a CAGR of 10% during (2022 - 2028).
Based on Product, the market is segmented into Artificial Organs (Kidney, Heart, Lungs, Liver, and Pancreas) and Artificial Bionics (Cochlear Implant, Bionic limbs, Exoskeleton, Vision bionics, and Brain bionics). Based on Technology, the market is segmented into Mechanical and Electronic. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Artificial Organ And Bionics Market Size will Hit $39.5 Billion by 2028, at a CAGR of 9.8%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Abiomed, Inc., Berlin Heart GmbH, Zimmer Biomet Holdings, Inc., Boston Scientific Corporation, Cochlear Ltd., Ekso Bionics Holdings, Inc., Jarvik Heart, Inc., Medtronic PLC, iWALKFree, Inc., and Edwards Lifesciences Corporation.
Scope of the Study
Market Segments Covered in the Report:
By Product
- Artificial Organs
- Kidney
- Heart
- Lungs
- Liver
- Pancreas
- Artificial Bionics
- Cochlear Implant
- Bionic limbs
- Exoskeleton
- Vision bionics
- Brain bionics
By Technology
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Abiomed, Inc.
- Berlin Heart GmbH
- Zimmer Biomet Holdings, Inc.
- Boston Scientific Corporation
- Cochlear Ltd.
- Ekso Bionics Holdings, Inc.
- Jarvik Heart, Inc.
- Medtronic PLC
- iWALKFree, Inc.
- Edwards Lifesciences Corporation
TABLE 1 Europe Artificial Organ And Bionics Market, 2018 - 2021, USD Million
TABLE 2 Europe Artificial Organ And Bionics Market, 2022 - 2028, USD Million
TABLE 3 Europe Artificial Organ And Bionics Market by Product, 2018 - 2021, USD Million
TABLE 4 Europe Artificial Organ And Bionics Market by Product, 2022 - 2028, USD Million
TABLE 5 Europe Artificial Organs Market by Country, 2018 - 2021, USD Million
TABLE 6 Europe Artificial Organs Market by Country, 2022 - 2028, USD Million
TABLE 7 Europe Artificial Organ And Bionics Market by Artificial Organs Type, 2018 - 2021, USD Million
TABLE 8 Europe Artificial Organ And Bionics Market by Artificial Organs Type, 2022 - 2028, USD Million
TABLE 9 Europe Kidney Market by Country, 2018 - 2021, USD Million
TABLE 10 Europe Kidney Market by Country, 2022 - 2028, USD Million
TABLE 11 Europe Heart Market by Country, 2018 - 2021, USD Million
TABLE 12 Europe Heart Market by Country, 2022 - 2028, USD Million
TABLE 13 Europe Lungs Market by Country, 2018 - 2021, USD Million
TABLE 14 Europe Lungs Market by Country, 2022 - 2028, USD Million
TABLE 15 Europe Liver Market by Country, 2018 - 2021, USD Million
TABLE 16 Europe Liver Market by Country, 2022 - 2028, USD Million
TABLE 17 Europe Pancreas Market by Country, 2018 - 2021, USD Million
TABLE 18 Europe Pancreas Market by Country, 2022 - 2028, USD Million
TABLE 19 Europe Artificial Bionics Market by Country, 2018 - 2021, USD Million
TABLE 20 Europe Artificial Bionics Market by Country, 2022 - 2028, USD Million
TABLE 21 Europe Artificial Organ And Bionics Market by Artificial Bionics Type, 2018 - 2021, USD Million
TABLE 22 Europe Artificial Organ And Bionics Market by Artificial Bionics Type, 2022 - 2028, USD Million
TABLE 23 Europe Cochlear Implant Market by Country, 2018 - 2021, USD Million
TABLE 24 Europe Cochlear Implant Market by Country, 2022 - 2028, USD Million
TABLE 25 Europe Bionic limbs Market by Country, 2018 - 2021, USD Million
TABLE 26 Europe Bionic limbs Market by Country, 2022 - 2028, USD Million
TABLE 27 Europe Exoskeleton Market by Country, 2018 - 2021, USD Million
TABLE 28 Europe Exoskeleton Market by Country, 2022 - 2028, USD Million
TABLE 29 Europe Vision bionics Market by Country, 2018 - 2021, USD Million
TABLE 30 Europe Vision bionics Market by Country, 2022 - 2028, USD Million
TABLE 31 Europe Brain bionics Market by Country, 2018 - 2021, USD Million
TABLE 32 Europe Brain bionics Market by Country, 2022 - 2028, USD Million
TABLE 33 Europe Artificial Organ And Bionics Market by Technology, 2018 - 2021, USD Million
TABLE 34 Europe Artificial Organ And Bionics Market by Technology, 2022 - 2028, USD Million
TABLE 35 Europe Mechanical Market by Country, 2018 - 2021, USD Million
TABLE 36 Europe Mechanical Market by Country, 2022 - 2028, USD Million
TABLE 37 Europe Electronic Market by Country, 2018 - 2021, USD Million
TABLE 38 Europe Electronic Market by Country, 2022 - 2028, USD Million
TABLE 39 Europe Artificial Organ And Bionics Market by Country, 2018 - 2021, USD Million
TABLE 40 Europe Artificial Organ And Bionics Market by Country, 2022 - 2028, USD Million
TABLE 41 Germany Artificial Organ And Bionics Market, 2018 - 2021, USD Million
TABLE 42 Germany Artificial Organ And Bionics Market, 2022 - 2028, USD Million
TABLE 43 Germany Artificial Organ And Bionics Market by Product, 2018 - 2021, USD Million
TABLE 44 Germany Artificial Organ And Bionics Market by Product, 2022 - 2028, USD Million
TABLE 45 Germany Artificial Organ And Bionics Market by Artificial Organs Type, 2018 - 2021, USD Million
TABLE 46 Germany Artificial Organ And Bionics Market by Artificial Organs Type, 2022 - 2028, USD Million
TABLE 47 Germany Artificial Organ And Bionics Market by Artificial Bionics Type, 2018 - 2021, USD Million
TABLE 48 Germany Artificial Organ And Bionics Market by Artificial Bionics Type, 2022 - 2028, USD Million
TABLE 49 Germany Artificial Organ And Bionics Market by Technology, 2018 - 2021, USD Million
TABLE 50 Germany Artificial Organ And Bionics Market by Technology, 2022 - 2028, USD Million
TABLE 51 UK Artificial Organ And Bionics Market, 2018 - 2021, USD Million
TABLE 52 UK Artificial Organ And Bionics Market, 2022 - 2028, USD Million
TABLE 53 UK Artificial Organ And Bionics Market by Product, 2018 - 2021, USD Million
TABLE 54 UK Artificial Organ And Bionics Market by Product, 2022 - 2028, USD Million
TABLE 55 UK Artificial Organ And Bionics Market by Artificial Organs Type, 2018 - 2021, USD Million
TABLE 56 UK Artificial Organ And Bionics Market by Artificial Organs Type, 2022 - 2028, USD Million
TABLE 57 UK Artificial Organ And Bionics Market by Artificial Bionics Type, 2018 - 2021, USD Million
TABLE 58 UK Artificial Organ And Bionics Market by Artificial Bionics Type, 2022 - 2028, USD Million
TABLE 59 UK Artificial Organ And Bionics Market by Technology, 2018 - 2021, USD Million
TABLE 60 UK Artificial Organ And Bionics Market by Technology, 2022 - 2028, USD Million
TABLE 61 France Artificial Organ And Bionics Market, 2018 - 2021, USD Million
TABLE 62 France Artificial Organ And Bionics Market, 2022 - 2028, USD Million
TABLE 63 France Artificial Organ And Bionics Market by Product, 2018 - 2021, USD Million
TABLE 64 France Artificial Organ And Bionics Market by Product, 2022 - 2028, USD Million
TABLE 65 France Artificial Organ And Bionics Market by Artificial Organs Type, 2018 - 2021, USD Million
TABLE 66 France Artificial Organ And Bionics Market by Artificial Organs Type, 2022 - 2028, USD Million
TABLE 67 France Artificial Organ And Bionics Market by Artificial Bionics Type, 2018 - 2021, USD Million
TABLE 68 France Artificial Organ And Bionics Market by Artificial Bionics Type, 2022 - 2028, USD Million
TABLE 69 France Artificial Organ And Bionics Market by Technology, 2018 - 2021, USD Million
TABLE 70 France Artificial Organ And Bionics Market by Technology, 2022 - 2028, USD Million
TABLE 71 Russia Artificial Organ And Bionics Market, 2018 - 2021, USD Million
TABLE 72 Russia Artificial Organ And Bionics Market, 2022 - 2028, USD Million
TABLE 73 Russia Artificial Organ And Bionics Market by Product, 2018 - 2021, USD Million
TABLE 74 Russia Artificial Organ And Bionics Market by Product, 2022 - 2028, USD Million
TABLE 75 Russia Artificial Organ And Bionics Market by Artificial Organs Type, 2018 - 2021, USD Million
TABLE 76 Russia Artificial Organ And Bionics Market by Artificial Organs Type, 2022 - 2028, USD Million
TABLE 77 Russia Artificial Organ And Bionics Market by Artificial Bionics Type, 2018 - 2021, USD Million
TABLE 78 Russia Artificial Organ And Bionics Market by Artificial Bionics Type, 2022 - 2028, USD Million
TABLE 79 Russia Artificial Organ And Bionics Market by Technology, 2018 - 2021, USD Million
TABLE 80 Russia Artificial Organ And Bionics Market by Technology, 2022 - 2028, USD Million
TABLE 81 Spain Artificial Organ And Bionics Market, 2018 - 2021, USD Million
TABLE 82 Spain Artificial Organ And Bionics Market, 2022 - 2028, USD Million
TABLE 83 Spain Artificial Organ And Bionics Market by Product, 2018 - 2021, USD Million
TABLE 84 Spain Artificial Organ And Bionics Market by Product, 2022 - 2028, USD Million
TABLE 85 Spain Artificial Organ And Bionics Market by Artificial Organs Type, 2018 - 2021, USD Million
TABLE 86 Spain Artificial Organ And Bionics Market by Artificial Organs Type, 2022 - 2028, USD Million
TABLE 87 Spain Artificial Organ And Bionics Market by Artificial Bionics Type, 2018 - 2021, USD Million
TABLE 88 Spain Artificial Organ And Bionics Market by Artificial Bionics Type, 2022 - 2028, USD Million
TABLE 89 Spain Artificial Organ And Bionics Market by Technology, 2018 - 2021, USD Million
TABLE 90 Spain Artificial Organ And Bionics Market by Technology, 2022 - 2028, USD Million
TABLE 91 Italy Artificial Organ And Bionics Market, 2018 - 2021, USD Million
TABLE 92 Italy Artificial Organ And Bionics Market, 2022 - 2028, USD Million
TABLE 93 Italy Artificial Organ And Bionics Market by Product, 2018 - 2021, USD Million
TABLE 94 Italy Artificial Organ And Bionics Market by Product, 2022 - 2028, USD Million
TABLE 95 Italy Artificial Organ And Bionics Market by Artificial Organs Type, 2018 - 2021, USD Million
TABLE 96 Italy Artificial Organ And Bionics Market by Artificial Organs Type, 2022 - 2028, USD Million
TABLE 97 Italy Artificial Organ And Bionics Market by Artificial Bionics Type, 2018 - 2021, USD Million
TABLE 98 Italy Artificial Organ And Bionics Market by Artificial Bionics Type, 2022 - 2028, USD Million
TABLE 99 Italy Artificial Organ And Bionics Market by Technology, 2018 - 2021, USD Million
TABLE 100 Italy Artificial Organ And Bionics Market by Technology, 2022 - 2028, USD Million
TABLE 101 Rest of Europe Artificial Organ And Bionics Market, 2018 - 2021, USD Million
TABLE 102 Rest of Europe Artificial Organ And Bionics Market, 2022 - 2028, USD Million
TABLE 103 Rest of Europe Artificial Organ And Bionics Market by Product, 2018 - 2021, USD Million
TABLE 104 Rest of Europe Artificial Organ And Bionics Market by Product, 2022 - 2028, USD Million
TABLE 105 Rest of Europe Artificial Organ And Bionics Market by Artificial Organs Type, 2018 - 2021, USD Million
TABLE 106 Rest of Europe Artificial Organ And Bionics Market by Artificial Organs Type, 2022 - 2028, USD Million
TABLE 107 Rest of Europe Artificial Organ And Bionics Market by Artificial Bionics Type, 2018 - 2021, USD Million
TABLE 108 Rest of Europe Artificial Organ And Bionics Market by Artificial Bionics Type, 2022 - 2028, USD Million
TABLE 109 Rest of Europe Artificial Organ And Bionics Market by Technology, 2018 - 2021, USD Million
TABLE 110 Rest of Europe Artificial Organ And Bionics Market by Technology, 2022 - 2028, USD Million
TABLE 111 Key Information – Medtronic PLC
TABLE 112 key Information – Boston Scientific Corporation
TABLE 113 Key Information – ABIOMED, Inc.
TABLE 114 Key Information – Berlin Heart GmbH
TABLE 115 Key Information – JARVIK HEART, INC.
TABLE 116 key Information – Zimmer Biomet Holdings, Inc.
TABLE 117 key Information – Cochlear Ltd.
TABLE 118 Key Information – Ekso Bionics Holdings, Inc.
TABLE 119 Key Information – iWALKFree, Inc.
TABLE 120 Key Information – Edwards Lifesciences Corporation
List of Figures
FIG 1 Methodology for the research
FIG 2 SWOT Analysis: Boston Scientific Corporation