The deficient availability of the organ donors and increasing applicability & use cases of the wearable organs are creating enforcement in the market.
The global Wearable Organs Market is expected to reach USD 19.74 Billion by 2027, according to a new report by Emergen Research. The growth of this market can be attributed to an increase in the deficiency of available organ donors, growth in the incidence of organ failures due to many chronic & life-threatening diseases, and rising practice of adopting artificial devices for organ efficacy.
The research study presents an industry-wide summary of the Wearable Organs market, including drivers, constraints, technological advancements, product developments, limitations, growth strategies, growth prospects, etc. among others. The Wearable Organs report analyzes the market based on different categories, such as product types, end-user applications, and leading geographical regions.
Key Highlights From The Report
- The organ replication sub-segment is forecasted to retain its dominance in the market due to its higher applicability, extended investment, quality control, and higher revenue count. Many newer start-ups and established companies have been investing a handful of amount in the research & developments, especially in the organ replication and showcased patents that eventually can have the chance of replicating human organs.
- The Electronic sub-segment had the highest market share of 68% in 2019 due to its increasing implementation and use cases that in turn, increased the applicability as well as the demand for the wearable organs.
- More than 120,000 solid organs transplant are performed every year, and that is nearly just the 1/5th of the total patients who require an organ transplant. More and more countries around the world are incorporating wearable organ technology into their public healthcare systems and working with companies on developing new use cases and applicability of the same.
- Key participants include Abbott Laboratories, Medtronic PLC, Boston Scientific Corporation, Ekso Bionics Holdings Inc., Neurotron Biotechnology, Cochlear Ltd., HDT Global, Inc., AWAK Technology, ReWalk Robotics, and Second Sight Medical Products, Inc., among others.
The Wearable Organs market intelligence report talks about the market size, share, value, and production cost analysis over the forecast period 2020-2027.
Wearable Organs Market Region:
The market intelligence report exhaustively examines the market value, share, demand, growth prospects, latest and historical trends, manufacturers, gross revenue collection, competitive terrain, market growth forecast, available products, and end-use applications.
Middle East & Africa
To identify the key trends in the industry, click on the link below @ https://www.emergenresearch.com/industry-report/wearable-organs-market
Wearable Organs Market Segmentation:
For imparting a clear understanding, the market is segmented on the basis of types, applications, and key geographical regions.
- Product Outlook (Revenue, USD Billion; 2017-2027)
- Cochlear Implants
- Bionic Limbs
- Vision Bionics
- Brain Bionics
- Technology Outlook (Revenue, USD Billion; 2017-2027)
- Application Outlook (Revenue, USD Billion; 2017-2027)
- Organ Replication
- Organ Efficacy
- Clinical Testing
Table of Content
Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.4. Research Sources
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. Wearable Devices Market Segmentation & Impact Analysis
4.1. Wearable Devices Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
188.8.131.52. Rise In the Number of People on the Waiting list of Organ Transplantation
184.108.40.206. Deficient number of organ donors
220.127.116.11. Technological advancements in artificial organ
4.2.3. Market restraints analysis
18.104.22.168. Failure in transplantation
22.214.171.124. Restrains in R&D for the COVID-19
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
Chapter 5. Wearable Devices Market By Test Types Insights & Trends, Revenue (USD Billion)
5.1. Product Dynamics & Market Share, 2019 & 2027
5.1.3. Cochlear Implants
5.1.5. Bionic Limbs
5.1.6. Vision Bionics
5.1.7. Brain Bionics
Chapter 6. Wearable Devices Market By Disease Type Insights & Trends Revenue (USD Billion)
6.1. Technology Dynamics & Market Share, 2019 & 2027
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