North America Artificial Organ and Bionics Market 2022-2032 by Product Type (Organ, Bionics), Material (Metals, Polymers, Ceramics), Technology (Mechanical, Electronic)

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December 2023 - 121 Pages - From $2,400
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North America artificial organ and bionics market is projected to grow by 7.8% annually in the forecast period and reach $29.78 billion by 2032. The growth is driven by a rising incidence of organ failure due to lifestyle disorders and road accidents, scarcity of organ donors, increase in geriatric population, technological advancements in healthcare, the availability of cutting-edge artificial support systems, favorable reimbursement policies, and the increasing FDA approvals for implants.
Highlighted with 29 tables and 60 figures, this 121-page report “North America Artificial Organ and Bionics Market 2022-2032 by Product Type (Organ, Bionics), Material (Metals, Polymers, Ceramics), Technology (Mechanical, Electronic), Fixation Type (Implantable, Wearable), Age Group (up to 17, 18-34, 35-49, 50-64, 65+), End User (Hospitals, ASCs, Others), and Country: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire North America artificial organ and bionics market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2020-2022 and provides forecast from 2023 till 2032 with 2022 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year, and the forecast covers at least 5 years over the base year.)

In-depth qualitative analyses include identification and investigation of the following aspects:
• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter’s Fiver Forces
The trend and outlook of North America market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19 and Russia-Ukraine conflict. The balanced (most likely) projection is used to quantify North America artificial organ and bionics market in every aspect of the classification from perspectives of Product Type, Material, Technology, Fixation Type, Age Group, End User, and Country.

Based on Product Type, the North America market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
• Artificial Organ
o Kidney
o Heart
o Liver
o Lungs
o Pancreas
o Other Organs
• Artificial Bionics
o Ear Bionics
o Exoskeleton
o Bionic Limbs
o Vision Bionics
o Brain Bionics
o Cardiac Bionics
o Other Bionics

Based on Material, the North America market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
• Metals
• Polymers
• Ceramics
• Other Materials

By Technology, the North America market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
• Mechanical
• Electronic

By Fixation Type, the North America market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
• Implantable
• Wearable

By Fixation Type, the North America market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
• 17 Years Old and Under
• 18-34 Years Old
• 35-49 Years Old
• 50-64 Years Old
• 65 Years Old and Above

By End User, the North America market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
• Hospitals
• Ambulatory Surgical Centers (ASCs)
• Other End Users

Geographically, the following national/local markets are fully investigated:
• U.S.
• Canada
• Mexico
For each key country, detailed analysis and data for annual revenue ($ mn) are available for 2022-2032. The breakdown of national markets by Product Type, Technology, and End User over the forecast years are also included.

The report also covers the current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Selected Key Players:
Abbott Laboratories Inc.
Abiomed, Inc.
Berlin Heart GmbH
Biomet Inc.
Boston Scientific Corporation
Cochlear Ltd.
Edward Lifesciences Corporation
Ekso Bionics Holdings, Inc.
Iwalk Inc.
Jarvik Heart, Inc.
Medtronic Plc
Össur hf.
ReWalk Robotics Ltd.
SynCardia Systems LLC
Zimmer Biomet Holdings Inc.
(Please note: The report will be updated before delivery so that the latest historical year is the base year, and the forecast covers at least 5 years over the base year.)

1 Introduction 8
1.1 Industry Definition and Research Scope 8
1.1.1 Industry Definition 8
1.1.2 Research Scope 9
1.2 Research Methodology 12
1.2.1 Overview of Market Research Methodology 12
1.2.2 Market Assumption 13
1.2.3 Secondary Data 13
1.2.4 Primary Data 13
1.2.5 Data Filtration and Model Design 14
1.2.6 Market Size/Share Estimation 15
1.2.7 Research Limitations 16
1.3 Executive Summary 17
2 Market Overview and Dynamics 20
2.1 Market Size and Forecast 20
2.1.1 Impact of COVID-19 on World Economy 21
2.1.2 Impact of COVID-19 on the Market 24
2.1.3 Impact of Russia-Ukraine Conflict: War Slows Economic Recovery 26
2.2 Major Growth Drivers 30
2.3 Market Restraints and Challenges 34
2.4 Emerging Opportunities and Market Trends 37
2.5 Porter’s Fiver Forces Analysis 41
3 Segmentation of North America Market by Product Type 45
3.1 Market Overview by Product Type 45
3.2 Artificial Organ 47
3.2.1 Kidney 49
3.2.2 Heart 50
3.2.3 Liver 51
3.2.4 Lungs 52
3.2.5 Pancreas 53
3.2.6 Other Organs 54
3.3 Artificial Bionics 55
3.3.1 Ear Bionics 57
3.3.2 Exoskeleton 58
3.3.3 Bionic Limbs 59
3.3.4 Vision Bionics 60
3.3.5 Brain Bionics 61
3.3.6 Cardiac Bionics 62
3.3.7 Other Bionics 63
4 Segmentation of North America Market by Material 64
4.1 Market Overview by Material 64
4.2 Metals 66
4.3 Polymers 67
4.4 Ceramics 68
4.5 Other Materials 69
5 Segmentation of North America Market by Technology 70
5.1 Market Overview by Technology 70
5.2 Mechanical 72
5.3 Electronic 73
6 Segmentation of North America Market by Fixation Type 74
6.1 Market Overview by Fixation Type 74
6.2 Implantable 76
6.3 Wearable 77
7 Segmentation of North America Market by Age Group 78
7.1 Market Overview by Age Group 78
7.2 17 Years Old and Under 80
7.3 18-34 Years Old 81
7.4 35-49 Years Old 82
7.5 50-64 Years Old 83
7.6 65 Years Old and Above 84
8 Segmentation of North America Market by End User 85
8.1 Market Overview by End User 85
8.2 Hospitals 87
8.3 Ambulatory Surgical Centers (ASCs) 88
8.4 Other End Users 89
9 North America Market 2022-2032 by Country 90
9.1 Overview of North America Market 90
9.2 U.S. 93
9.3 Canada 97
9.4 Mexico 99
10 Competitive Landscape 101
10.1 Overview of Key Vendors 101
10.2 New Product Launch, Partnership, Investment, and M&A 104
10.3 Company Profiles 105
Abbott Laboratories Inc. 105
Abiomed, Inc. 107
Berlin Heart GmbH 108
Biomet Inc. 109
Boston Scientific Corporation 110
Cochlear Ltd. 111
Edward Lifesciences Corporation 112
Ekso Bionics Holdings, Inc. 113
Iwalk Inc. 114
Jarvik Heart, Inc. 115
Medtronic Plc 116
Össur hf. 117
ReWalk Robotics Ltd. 118
SynCardia Systems LLC 119
Zimmer Biomet Holdings Inc. 120
RELATED REPORTS 121

List of Tables:

Table 1. Snapshot of North America Artificial Organ and Bionics Market in Balanced Perspective, 2022-2032 18
Table 2. World Economic Outlook, 2021-2031 22
Table 3. World Economic Outlook, 2021-2023 23
Table 4. Scenarios for Economic Impact of Ukraine Crisis 27
Table 5. Main Product Trends and Market Opportunities in North America Artificial Organ and Bionics Market 37
Table 6. North America Artificial Organ and Bionics Market by Product Type, 2022-2032, $ mn 45
Table 7. North America Artificial Organ and Bionics Market: Artificial Organ by Type, 2022-2032, $ mn 48
Table 8. North America Artificial Organ and Bionics Market: Artificial Bionics by Type, 2022-2032, $ mn 56
Table 9. North America Artificial Organ and Bionics Market by Material, 2022-2032, $ mn 64
Table 10. North America Artificial Organ and Bionics Market by Technology, 2022-2032, $ mn 70
Table 11. North America Artificial Organ and Bionics Market by Fixation Type, 2022-2032, $ mn 74
Table 12. North America Artificial Organ and Bionics Market by Age Group, 2022-2032, $ mn 78
Table 13. North America Artificial Organ and Bionics Market by End User, 2022-2032, $ mn 85
Table 14. North America Artificial Organ and Bionics Market by Country, 2022-2032, $ mn 91
Table 15. U.S. Artificial Organ and Bionics Market by Product Type, 2022-2032, $ mn 95
Table 16. U.S. Artificial Organ and Bionics Market by Technology, 2022-2032, $ mn 95
Table 17. U.S. Artificial Organ and Bionics Market by End User, 2022-2032, $ mn 95
Table 18. Patients on the Waiting List by Organ in U.S., 2022 96
Table 19. Transplants Performed by Organ in U.S., January 2023 96
Table 20. Organ Waiting List by Age in U.S., January 2023 96
Table 21. Canada Artificial Organ and Bionics Market by Product Type, 2022-2032, $ mn 98
Table 22. Canada Artificial Organ and Bionics Market by Technology, 2022-2032, $ mn 98
Table 23. Canada Artificial Organ and Bionics Market by End User, 2022-2032, $ mn 98
Table 24. Mexico Artificial Organ and Bionics Market by Product Type, 2022-2032, $ mn 100
Table 25. Mexico Artificial Organ and Bionics Market by Technology, 2022-2032, $ mn 100
Table 26. Mexico Artificial Organ and Bionics Market by End User, 2022-2032, $ mn 100
Table 27. Abbott Laboratories Inc.: Company Snapshot 105
Table 28. Abbott Laboratories Inc.: Business Segmentation 106
Table 29. Abbott Laboratories Inc.: Product Portfolio 106

 

 

List of Figures:

Figure 1. Research Method Flow Chart 12
Figure 2. Bottom-up Approach and Top-down Approach for Market Estimation 15
Figure 3. North America Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2022-2032 17
Figure 4. North America Artificial Organ and Bionics Market, 2022-2032, $ mn 20
Figure 5. Impact of COVID-19 on Business 24
Figure 6. Primary Drivers and Impact Factors of North America Artificial Organ and Bionics Market 30
Figure 7. Overview of Worldwide Organ Donation and Transplant, 2021 33
Figure 8. Estimated Number of Worldwide Organ Transplants by Organ Type in 2021 33
Figure 9. Primary Restraints and Impact Factors of North America Artificial Organ and Bionics Market 34
Figure 10. Investment Opportunity Analysis 38
Figure 11. Porter’s Fiver Forces Analysis of North America Artificial Organ and Bionics Market 41
Figure 12. Breakdown of North America Artificial Organ and Bionics Market by Product Type, 2022-2032, % of Revenue 46
Figure 13. North America Addressable Market Cap in 2023-2032 by Product Type, Value ($ mn) and Share (%) 46
Figure 14. North America Artificial Organ and Bionics Market by Product Type: Artificial Organ, 2022-2032, $ mn 47
Figure 15. North America Artificial Organ and Bionics Market by Artificial Organ: Kidney, 2022-2032, $ mn 49
Figure 16. North America Artificial Organ and Bionics Market by Artificial Organ: Heart, 2022-2032, $ mn 50
Figure 17. North America Artificial Organ and Bionics Market by Artificial Organ: Liver, 2022-2032, $ mn 51
Figure 18. North America Artificial Organ and Bionics Market by Artificial Organ: Lungs, 2022-2032, $ mn 52
Figure 19. North America Artificial Organ and Bionics Market by Artificial Organ: Pancreas, 2022-2032, $ mn 53
Figure 20. North America Artificial Organ and Bionics Market by Artificial Organ: Other Organs, 2022-2032, $ mn 54
Figure 21. North America Artificial Organ and Bionics Market by Product Type: Artificial Bionics, 2022-2032, $ mn 55
Figure 22. North America Artificial Organ and Bionics Market by Artificial Bionics: Ear Bionics, 2022-2032, $ mn 57
Figure 23. North America Artificial Organ and Bionics Market by Artificial Bionics: Exoskeleton, 2022-2032, $ mn 58
Figure 24. North America Artificial Organ and Bionics Market by Artificial Bionics: Bionic Limbs, 2022-2032, $ mn 59
Figure 25. North America Artificial Organ and Bionics Market by Artificial Bionics: Vision Bionics, 2022-2032, $ mn 60
Figure 26. North America Artificial Organ and Bionics Market by Artificial Bionics: Brain Bionics, 2022-2032, $ mn 61
Figure 27. North America Artificial Organ and Bionics Market by Artificial Bionics: Cardiac Bionics, 2022-2032, $ mn 62
Figure 28. North America Artificial Organ and Bionics Market by Artificial Bionics: Other Bionics, 2022-2032, $ mn 63
Figure 29. Breakdown of North America Artificial Organ and Bionics Market by Material, 2022-2032, % of Sales Revenue 65
Figure 30. North America Addressable Market Cap in 2023-2032 by Material, Value ($ mn) and Share (%) 65
Figure 31. North America Artificial Organ and Bionics Market by Material: Metals, 2022-2032, $ mn 66
Figure 32. North America Artificial Organ and Bionics Market by Material: Polymers, 2022-2032, $ mn 67
Figure 33. North America Artificial Organ and Bionics Market by Material: Ceramics, 2022-2032, $ mn 68
Figure 34. North America Artificial Organ and Bionics Market by Material: Other Materials, 2022-2032, $ mn 69
Figure 35. Breakdown of North America Artificial Organ and Bionics Market by Technology, 2022-2032, % of Sales Revenue 71
Figure 36. North America Addressable Market Cap in 2023-2032 by Technology, Value ($ mn) and Share (%) 71
Figure 37. North America Artificial Organ and Bionics Market by Technology: Mechanical, 2022-2032, $ mn 72
Figure 38. North America Artificial Organ and Bionics Market by Technology: Electronic, 2022-2032, $ mn 73
Figure 39. Breakdown of North America Artificial Organ and Bionics Market by Fixation Type, 2022-2032, % of Revenue 75
Figure 40. North America Addressable Market Cap in 2023-2032 by Fixation Type, Value ($ mn) and Share (%) 75
Figure 41. North America Artificial Organ and Bionics Market by Fixation Type: Implantable, 2022-2032, $ mn 76
Figure 42. North America Artificial Organ and Bionics Market by Fixation Type: Wearable, 2022-2032, $ mn 77
Figure 43. Breakdown of North America Artificial Organ and Bionics Market by Age Group, 2022-2032, % of Revenue 79
Figure 44. North America Addressable Market Cap in 2023-2032 by Age Group, Value ($ mn) and Share (%) 79
Figure 45. North America Artificial Organ and Bionics Market by Age Group: 17 Years Old and Under, 2022-2032, $ mn 80
Figure 46. North America Artificial Organ and Bionics Market by Age Group: 18-34 Years Old, 2022-2032, $ mn 81
Figure 47. North America Artificial Organ and Bionics Market by Age Group: 35-49 Years Old, 2022-2032, $ mn 82
Figure 48. North America Artificial Organ and Bionics Market by Age Group: 50-64 Years Old, 2022-2032, $ mn 83
Figure 49. North America Artificial Organ and Bionics Market by Age Group: 65 Years Old and Above, 2022-2032, $ mn 84
Figure 50. Breakdown of North America Artificial Organ and Bionics Market by End User, 2022-2032, % of Revenue 85
Figure 51. North America Addressable Market Cap in 2023-2032 by End User, Value ($ mn) and Share (%) 86
Figure 52. North America Artificial Organ and Bionics Market by End User: Hospitals, 2022-2032, $ mn 87
Figure 53. North America Artificial Organ and Bionics Market by End User: Ambulatory Surgical Centers (ASCs), 2022-2032, $ mn 88
Figure 54. North America Artificial Organ and Bionics Market by End User: Other End Users, 2022-2032, $ mn 89
Figure 55. Breakdown of North America Artificial Organ and Bionics Market by Country, 2022 and 2032, % of Revenue 91
Figure 56. Contribution to North America 2023-2032 Cumulative Market by Country, Value ($ mn) and Share (%) 92
Figure 57. U.S. Artificial Organ and Bionics Market, 2022-2032, $ mn 94
Figure 58. Canada Artificial Organ and Bionics Market, 2022-2032, $ mn 97
Figure 59. Artificial Organ and Bionics Market in Mexico, 2022-2032, $ mn 99
Figure 60. Growth Stage of North America Artificial Organ and Bionics Industry over the Forecast Period 101

 

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