The Latin America, Middle East and Africa Artificial Organ And Bionics Market would witness market growth of 14.3% CAGR during the forecast period (2022-2028).
An artificial organ is a man-made device or tissue that is implanted or integrated into a person, suffering from living tissue, to replace a natural organ, to replicate or augment a certain function or function so the patient can get back to their normal life as soon as feasible. It is not necessary for the substituted function to be connected to life support, though it sometimes is. For instance, artificial organs could also include replacement joints and bones, like those used in hip replacements. The requirement that the device should not be permanently connected to a stationary power source or other stationary resources, such as filters or chemical processing units, is implied by the term.
The UAE possesses a robust healthcare infrastructure as one of the Middle East's most economically advanced and diverse marketplaces. The government of the UAE has made building a top-notch healthcare infrastructure a primary priority, and as a result, the industry has developed and grown tremendously over the past few years. Following the COVID-19 outbreak in January 2020, the UAE government moved swiftly to implement preventative health measures. In terms of its COVID-19 reaction, the UAE was recognized as one of the top countries and as the highest in the Arab world due to the tenacious efforts of its leadership.
The UAE's healthcare industry has grown to accommodate both the country's population's changing requirements and its aspiration to establish itself as a regional center for medical tourism. The UAE has increased its dedication to investing in healthcare as a result of various disorders and diseases in people across the country. According to the International Trade Organization, one in five UAE individuals is obese, and a third of the population has diabetes. These populations, underpinned by relatively high-income levels, continue to seek higher quality healthcare as the incidence of lifestyle diseases rises. To meet this demand, the government has focused on building advanced healthcare infrastructure.
The Brazil market dominated the LAMEA 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 $577 million by 2028. The Argentina market is estimated to grow at a CAGR of 14.9% during (2022 - 2028). Additionally, The UAE market would witness a CAGR of 14% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Artificial Organ And Bionics Market is Predict to reach $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
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
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 LAMEA Artificial Organ And Bionics Market, 2018 - 2021, USD Million
TABLE 2 LAMEA Artificial Organ And Bionics Market, 2022 - 2028, USD Million
TABLE 3 LAMEA Artificial Organ And Bionics Market by Product, 2018 - 2021, USD Million
TABLE 4 LAMEA Artificial Organ And Bionics Market by Product, 2022 - 2028, USD Million
TABLE 5 LAMEA Artificial Organs Market by Country, 2018 - 2021, USD Million
TABLE 6 LAMEA Artificial Organs Market by Country, 2022 - 2028, USD Million
TABLE 7 LAMEA Artificial Organ And Bionics Market by Artificial Organs Type, 2018 - 2021, USD Million
TABLE 8 LAMEA Artificial Organ And Bionics Market by Artificial Organs Type, 2022 - 2028, USD Million
TABLE 9 LAMEA Kidney Market by Country, 2018 - 2021, USD Million
TABLE 10 LAMEA Kidney Market by Country, 2022 - 2028, USD Million
TABLE 11 LAMEA Heart Market by Country, 2018 - 2021, USD Million
TABLE 12 LAMEA Heart Market by Country, 2022 - 2028, USD Million
TABLE 13 LAMEA Lungs Market by Country, 2018 - 2021, USD Million
TABLE 14 LAMEA Lungs Market by Country, 2022 - 2028, USD Million
TABLE 15 LAMEA Liver Market by Country, 2018 - 2021, USD Million
TABLE 16 LAMEA Liver Market by Country, 2022 - 2028, USD Million
TABLE 17 LAMEA Pancreas Market by Country, 2018 - 2021, USD Million
TABLE 18 LAMEA Pancreas Market by Country, 2022 - 2028, USD Million
TABLE 19 LAMEA Artificial Bionics Market by Country, 2018 - 2021, USD Million
TABLE 20 LAMEA Artificial Bionics Market by Country, 2022 - 2028, USD Million
TABLE 21 LAMEA Artificial Organ And Bionics Market by Artificial Bionics Type, 2018 - 2021, USD Million
TABLE 22 LAMEA Artificial Organ And Bionics Market by Artificial Bionics Type, 2022 - 2028, USD Million
TABLE 23 LAMEA Cochlear Implant Market by Country, 2018 - 2021, USD Million
TABLE 24 LAMEA Cochlear Implant Market by Country, 2022 - 2028, USD Million
TABLE 25 LAMEA Bionic limbs Market by Country, 2018 - 2021, USD Million
TABLE 26 LAMEA Bionic limbs Market by Country, 2022 - 2028, USD Million
TABLE 27 LAMEA Exoskeleton Market by Country, 2018 - 2021, USD Million
TABLE 28 LAMEA Exoskeleton Market by Country, 2022 - 2028, USD Million
TABLE 29 LAMEA Vision bionics Market by Country, 2018 - 2021, USD Million
TABLE 30 LAMEA Vision bionics Market by Country, 2022 - 2028, USD Million
TABLE 31 LAMEA Brain bionics Market by Country, 2018 - 2021, USD Million
TABLE 32 LAMEA Brain bionics Market by Country, 2022 - 2028, USD Million
TABLE 33 LAMEA Artificial Organ And Bionics Market by Technology, 2018 - 2021, USD Million
TABLE 34 LAMEA Artificial Organ And Bionics Market by Technology, 2022 - 2028, USD Million
TABLE 35 LAMEA Mechanical Market by Country, 2018 - 2021, USD Million
TABLE 36 LAMEA Mechanical Market by Country, 2022 - 2028, USD Million
TABLE 37 LAMEA Electronic Market by Country, 2018 - 2021, USD Million
TABLE 38 LAMEA Electronic Market by Country, 2022 - 2028, USD Million
TABLE 39 LAMEA Artificial Organ And Bionics Market by Country, 2018 - 2021, USD Million
TABLE 40 LAMEA Artificial Organ And Bionics Market by Country, 2022 - 2028, USD Million
TABLE 41 Brazil Artificial Organ And Bionics Market, 2018 - 2021, USD Million
TABLE 42 Brazil Artificial Organ And Bionics Market, 2022 - 2028, USD Million
TABLE 43 Brazil Artificial Organ And Bionics Market by Product, 2018 - 2021, USD Million
TABLE 44 Brazil Artificial Organ And Bionics Market by Product, 2022 - 2028, USD Million
TABLE 45 Brazil Artificial Organ And Bionics Market by Artificial Organs Type, 2018 - 2021, USD Million
TABLE 46 Brazil Artificial Organ And Bionics Market by Artificial Organs Type, 2022 - 2028, USD Million
TABLE 47 Brazil Artificial Organ And Bionics Market by Artificial Bionics Type, 2018 - 2021, USD Million
TABLE 48 Brazil Artificial Organ And Bionics Market by Artificial Bionics Type, 2022 - 2028, USD Million
TABLE 49 Brazil Artificial Organ And Bionics Market by Technology, 2018 - 2021, USD Million
TABLE 50 Brazil Artificial Organ And Bionics Market by Technology, 2022 - 2028, USD Million
TABLE 51 Argentina Artificial Organ And Bionics Market, 2018 - 2021, USD Million
TABLE 52 Argentina Artificial Organ And Bionics Market, 2022 - 2028, USD Million
TABLE 53 Argentina Artificial Organ And Bionics Market by Product, 2018 - 2021, USD Million
TABLE 54 Argentina Artificial Organ And Bionics Market by Product, 2022 - 2028, USD Million
TABLE 55 Argentina Artificial Organ And Bionics Market by Artificial Organs Type, 2018 - 2021, USD Million
TABLE 56 Argentina Artificial Organ And Bionics Market by Artificial Organs Type, 2022 - 2028, USD Million
TABLE 57 Argentina Artificial Organ And Bionics Market by Artificial Bionics Type, 2018 - 2021, USD Million
TABLE 58 Argentina Artificial Organ And Bionics Market by Artificial Bionics Type, 2022 - 2028, USD Million
TABLE 59 Argentina Artificial Organ And Bionics Market by Technology, 2018 - 2021, USD Million
TABLE 60 Argentina Artificial Organ And Bionics Market by Technology, 2022 - 2028, USD Million
TABLE 61 UAE Artificial Organ And Bionics Market, 2018 - 2021, USD Million
TABLE 62 UAE Artificial Organ And Bionics Market, 2022 - 2028, USD Million
TABLE 63 UAE Artificial Organ And Bionics Market by Product, 2018 - 2021, USD Million
TABLE 64 UAE Artificial Organ And Bionics Market by Product, 2022 - 2028, USD Million
TABLE 65 UAE Artificial Organ And Bionics Market by Artificial Organs Type, 2018 - 2021, USD Million
TABLE 66 UAE Artificial Organ And Bionics Market by Artificial Organs Type, 2022 - 2028, USD Million
TABLE 67 UAE Artificial Organ And Bionics Market by Artificial Bionics Type, 2018 - 2021, USD Million
TABLE 68 UAE Artificial Organ And Bionics Market by Artificial Bionics Type, 2022 - 2028, USD Million
TABLE 69 UAE Artificial Organ And Bionics Market by Technology, 2018 - 2021, USD Million
TABLE 70 UAE Artificial Organ And Bionics Market by Technology, 2022 - 2028, USD Million
TABLE 71 Saudi Arabia Artificial Organ And Bionics Market, 2018 - 2021, USD Million
TABLE 72 Saudi Arabia Artificial Organ And Bionics Market, 2022 - 2028, USD Million
TABLE 73 Saudi Arabia Artificial Organ And Bionics Market by Product, 2018 - 2021, USD Million
TABLE 74 Saudi Arabia Artificial Organ And Bionics Market by Product, 2022 - 2028, USD Million
TABLE 75 Saudi Arabia Artificial Organ And Bionics Market by Artificial Organs Type, 2018 - 2021, USD Million
TABLE 76 Saudi Arabia Artificial Organ And Bionics Market by Artificial Organs Type, 2022 - 2028, USD Million
TABLE 77 Saudi Arabia Artificial Organ And Bionics Market by Artificial Bionics Type, 2018 - 2021, USD Million
TABLE 78 Saudi Arabia Artificial Organ And Bionics Market by Artificial Bionics Type, 2022 - 2028, USD Million
TABLE 79 Saudi Arabia Artificial Organ And Bionics Market by Technology, 2018 - 2021, USD Million
TABLE 80 Saudi Arabia Artificial Organ And Bionics Market by Technology, 2022 - 2028, USD Million
TABLE 81 South Africa Artificial Organ And Bionics Market, 2018 - 2021, USD Million
TABLE 82 South Africa Artificial Organ And Bionics Market, 2022 - 2028, USD Million
TABLE 83 South Africa Artificial Organ And Bionics Market by Product, 2018 - 2021, USD Million
TABLE 84 South Africa Artificial Organ And Bionics Market by Product, 2022 - 2028, USD Million
TABLE 85 South Africa Artificial Organ And Bionics Market by Artificial Organs Type, 2018 - 2021, USD Million
TABLE 86 South Africa Artificial Organ And Bionics Market by Artificial Organs Type, 2022 - 2028, USD Million
TABLE 87 South Africa Artificial Organ And Bionics Market by Artificial Bionics Type, 2018 - 2021, USD Million
TABLE 88 South Africa Artificial Organ And Bionics Market by Artificial Bionics Type, 2022 - 2028, USD Million
TABLE 89 South Africa Artificial Organ And Bionics Market by Technology, 2018 - 2021, USD Million
TABLE 90 South Africa Artificial Organ And Bionics Market by Technology, 2022 - 2028, USD Million
TABLE 91 Nigeria Artificial Organ And Bionics Market, 2018 - 2021, USD Million
TABLE 92 Nigeria Artificial Organ And Bionics Market, 2022 - 2028, USD Million
TABLE 93 Nigeria Artificial Organ And Bionics Market by Product, 2018 - 2021, USD Million
TABLE 94 Nigeria Artificial Organ And Bionics Market by Product, 2022 - 2028, USD Million
TABLE 95 Nigeria Artificial Organ And Bionics Market by Artificial Organs Type, 2018 - 2021, USD Million
TABLE 96 Nigeria Artificial Organ And Bionics Market by Artificial Organs Type, 2022 - 2028, USD Million
TABLE 97 Nigeria Artificial Organ And Bionics Market by Artificial Bionics Type, 2018 - 2021, USD Million
TABLE 98 Nigeria Artificial Organ And Bionics Market by Artificial Bionics Type, 2022 - 2028, USD Million
TABLE 99 Nigeria Artificial Organ And Bionics Market by Technology, 2018 - 2021, USD Million
TABLE 100 Nigeria Artificial Organ And Bionics Market by Technology, 2022 - 2028, USD Million
TABLE 101 Rest of LAMEA Artificial Organ And Bionics Market, 2018 - 2021, USD Million
TABLE 102 Rest of LAMEA Artificial Organ And Bionics Market, 2022 - 2028, USD Million
TABLE 103 Rest of LAMEA Artificial Organ And Bionics Market by Product, 2018 - 2021, USD Million
TABLE 104 Rest of LAMEA Artificial Organ And Bionics Market by Product, 2022 - 2028, USD Million
TABLE 105 Rest of LAMEA Artificial Organ And Bionics Market by Artificial Organs Type, 2018 - 2021, USD Million
TABLE 106 Rest of LAMEA Artificial Organ And Bionics Market by Artificial Organs Type, 2022 - 2028, USD Million
TABLE 107 Rest of LAMEA Artificial Organ And Bionics Market by Artificial Bionics Type, 2018 - 2021, USD Million
TABLE 108 Rest of LAMEA Artificial Organ And Bionics Market by Artificial Bionics Type, 2022 - 2028, USD Million
TABLE 109 Rest of LAMEA Artificial Organ And Bionics Market by Technology, 2018 - 2021, USD Million
TABLE 110 Rest of LAMEA 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