Europe 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
Europe artificial organ and bionics market was valued at $7.86 billion in 2022 and will grow by 8.0% annually over 2022-2032. 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 36 tables and 64 figures, this 126-page report “Europe 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 Europe 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 Europe 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 Europe 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 Europe 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 Europe 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 Europe 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 Europe 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 Europe 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 Europe 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:
• Germany
• UK
• France
• Spain
• Italy
• Netherlands
• Rest of Europe (further segmented into Russia, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)
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 7
1.1 Industry Definition and Research Scope 7
1.1.1 Industry Definition 7
1.1.2 Research Scope 8
1.2 Research Methodology 11
1.2.1 Overview of Market Research Methodology 11
1.2.2 Market Assumption 12
1.2.3 Secondary Data 12
1.2.4 Primary Data 12
1.2.5 Data Filtration and Model Design 13
1.2.6 Market Size/Share Estimation 14
1.2.7 Research Limitations 15
1.3 Executive Summary 16
2 Market Overview and Dynamics 19
2.1 Market Size and Forecast 19
2.1.1 Impact of COVID-19 on World Economy 20
2.1.2 Impact of COVID-19 on the Market 23
2.1.3 Impact of Russia-Ukraine Conflict: War Slows Economic Recovery 25
2.2 Major Growth Drivers 29
2.3 Market Restraints and Challenges 33
2.4 Emerging Opportunities and Market Trends 36
2.5 Porter’s Fiver Forces Analysis 40
3 Segmentation of Europe Market by Product Type 44
3.1 Market Overview by Product Type 44
3.2 Artificial Organ 46
3.2.1 Kidney 48
3.2.2 Heart 49
3.2.3 Liver 50
3.2.4 Lungs 51
3.2.5 Pancreas 52
3.2.6 Other Organs 53
3.3 Artificial Bionics 54
3.3.1 Ear Bionics 56
3.3.2 Exoskeleton 57
3.3.3 Bionic Limbs 58
3.3.4 Vision Bionics 59
3.3.5 Brain Bionics 60
3.3.6 Cardiac Bionics 61
3.3.7 Other Bionics 62
4 Segmentation of Europe Market by Material 63
4.1 Market Overview by Material 63
4.2 Metals 65
4.3 Polymers 66
4.4 Ceramics 67
4.5 Other Materials 68
5 Segmentation of Europe Market by Technology 69
5.1 Market Overview by Technology 69
5.2 Mechanical 71
5.3 Electronic 72
6 Segmentation of Europe Market by Fixation Type 73
6.1 Market Overview by Fixation Type 73
6.2 Implantable 75
6.3 Wearable 76
7 Segmentation of Europe Market by Age Group 77
7.1 Market Overview by Age Group 77
7.2 17 Years Old and Under 79
7.3 18-34 Years Old 80
7.4 35-49 Years Old 81
7.5 50-64 Years Old 82
7.6 65 Years Old and Above 83
8 Segmentation of Europe Market by End User 84
8.1 Market Overview by End User 84
8.2 Hospitals 86
8.3 Ambulatory Surgical Centers (ASCs) 87
8.4 Other End Users 88
9 European Market 2022-2032 by Country 89
9.1 Overview of European Market 89
9.2 Germany 92
9.3 U.K. 94
9.4 France 96
9.5 Spain 98
9.6 Italy 100
9.7 Netherlands 102
9.8 Rest of European Market 104
10 Competitive Landscape 106
10.1 Overview of Key Vendors 106
10.2 New Product Launch, Partnership, Investment, and M&A 109
10.3 Company Profiles 110
Abbott Laboratories Inc. 110
Abiomed, Inc. 112
Berlin Heart GmbH 113
Biomet Inc. 114
Boston Scientific Corporation 115
Cochlear Ltd. 116
Edward Lifesciences Corporation 117
Ekso Bionics Holdings, Inc. 118
Iwalk Inc. 119
Jarvik Heart, Inc. 120
Medtronic Plc 121
Össur hf. 122
ReWalk Robotics Ltd. 123
SynCardia Systems LLC 124
Zimmer Biomet Holdings Inc. 125
RELATED REPORTS 126
List of Tables:
Table 1. Snapshot of Europe Artificial Organ and Bionics Market in Balanced Perspective, 2022-2032 17
Table 2. World Economic Outlook, 2021-2031 21
Table 3. World Economic Outlook, 2021-2023 22
Table 4. Scenarios for Economic Impact of Ukraine Crisis 26
Table 5. Main Product Trends and Market Opportunities in Europe Artificial Organ and Bionics Market 36
Table 6. Europe Artificial Organ and Bionics Market by Product Type, 2022-2032, $ mn 44
Table 7. Europe Artificial Organ and Bionics Market: Artificial Organ by Type, 2022-2032, $ mn 47
Table 8. Europe Artificial Organ and Bionics Market: Artificial Bionics by Type, 2022-2032, $ mn 55
Table 9. Europe Artificial Organ and Bionics Market by Material, 2022-2032, $ mn 63
Table 10. Europe Artificial Organ and Bionics Market by Technology, 2022-2032, $ mn 69
Table 11. Europe Artificial Organ and Bionics Market by Fixation Type, 2022-2032, $ mn 73
Table 12. Europe Artificial Organ and Bionics Market by Age Group, 2022-2032, $ mn 77
Table 13. Europe Artificial Organ and Bionics Market by End User, 2022-2032, $ mn 84
Table 14. Europe Artificial Organ and Bionics Market by Country, 2022-2032, $ mn 91
Table 15. Germany Artificial Organ and Bionics Market by Product Type, 2022-2032, $ mn 93
Table 16. Germany Artificial Organ and Bionics Market by Technology, 2022-2032, $ mn 93
Table 17. Germany Artificial Organ and Bionics Market by End User, 2022-2032, $ mn 93
Table 18. U.K. Artificial Organ and Bionics Market by Product Type, 2022-2032, $ mn 95
Table 19. U.K. Artificial Organ and Bionics Market by Technology, 2022-2032, $ mn 95
Table 20. U.K. Artificial Organ and Bionics Market by End User, 2022-2032, $ mn 95
Table 21. France Artificial Organ and Bionics Market by Product Type, 2022-2032, $ mn 97
Table 22. France Artificial Organ and Bionics Market by Technology, 2022-2032, $ mn 97
Table 23. France Artificial Organ and Bionics Market by End User, 2022-2032, $ mn 97
Table 24. Spain Artificial Organ and Bionics Market by Product Type, 2022-2032, $ mn 99
Table 25. Spain Artificial Organ and Bionics Market by Technology, 2022-2032, $ mn 99
Table 26. Spain Artificial Organ and Bionics Market by End User, 2022-2032, $ mn 99
Table 27. Italy Artificial Organ and Bionics Market by Product Type, 2022-2032, $ mn 101
Table 28. Italy Artificial Organ and Bionics Market by Technology, 2022-2032, $ mn 101
Table 29. Italy Artificial Organ and Bionics Market by End User, 2022-2032, $ mn 101
Table 30. Netherlands Artificial Organ and Bionics Market by Product Type, 2022-2032, $ mn 103
Table 31. Netherlands Artificial Organ and Bionics Market by Technology, 2022-2032, $ mn 103
Table 32. Netherlands Artificial Organ and Bionics Market by End User, 2022-2032, $ mn 103
Table 33. Artificial Organ and Bionics Market in Rest of Europe by Country, 2022-2032, $ mn 105
Table 34. Abbott Laboratories Inc.: Company Snapshot 110
Table 35. Abbott Laboratories Inc.: Business Segmentation 111
Table 36. Abbott Laboratories Inc.: Product Portfolio 111
List of Figures:
Figure 1. Research Method Flow Chart 11
Figure 2. Bottom-up Approach and Top-down Approach for Market Estimation 14
Figure 3. Europe Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2022-2032 16
Figure 4. Europe Artificial Organ and Bionics Market, 2022-2032, $ mn 19
Figure 5. Impact of COVID-19 on Business 23
Figure 6. Primary Drivers and Impact Factors of Europe Artificial Organ and Bionics Market 29
Figure 7. Overview of Worldwide Organ Donation and Transplant, 2021 32
Figure 8. Estimated Number of Worldwide Organ Transplants by Organ Type in 2021 32
Figure 9. Primary Restraints and Impact Factors of Europe Artificial Organ and Bionics Market 33
Figure 10. Investment Opportunity Analysis 37
Figure 11. Porter’s Fiver Forces Analysis of Europe Artificial Organ and Bionics Market 40
Figure 12. Breakdown of Europe Artificial Organ and Bionics Market by Product Type, 2022-2032, % of Revenue 45
Figure 13. Europe Addressable Market Cap in 2023-2032 by Product Type, Value ($ mn) and Share (%) 45
Figure 14. Europe Artificial Organ and Bionics Market by Product Type: Artificial Organ, 2022-2032, $ mn 46
Figure 15. Europe Artificial Organ and Bionics Market by Artificial Organ: Kidney, 2022-2032, $ mn 48
Figure 16. Europe Artificial Organ and Bionics Market by Artificial Organ: Heart, 2022-2032, $ mn 49
Figure 17. Europe Artificial Organ and Bionics Market by Artificial Organ: Liver, 2022-2032, $ mn 50
Figure 18. Europe Artificial Organ and Bionics Market by Artificial Organ: Lungs, 2022-2032, $ mn 51
Figure 19. Europe Artificial Organ and Bionics Market by Artificial Organ: Pancreas, 2022-2032, $ mn 52
Figure 20. Europe Artificial Organ and Bionics Market by Artificial Organ: Other Organs, 2022-2032, $ mn 53
Figure 21. Europe Artificial Organ and Bionics Market by Product Type: Artificial Bionics, 2022-2032, $ mn 54
Figure 22. Europe Artificial Organ and Bionics Market by Artificial Bionics: Ear Bionics, 2022-2032, $ mn 56
Figure 23. Europe Artificial Organ and Bionics Market by Artificial Bionics: Exoskeleton, 2022-2032, $ mn 57
Figure 24. Europe Artificial Organ and Bionics Market by Artificial Bionics: Bionic Limbs, 2022-2032, $ mn 58
Figure 25. Europe Artificial Organ and Bionics Market by Artificial Bionics: Vision Bionics, 2022-2032, $ mn 59
Figure 26. Europe Artificial Organ and Bionics Market by Artificial Bionics: Brain Bionics, 2022-2032, $ mn 60
Figure 27. Europe Artificial Organ and Bionics Market by Artificial Bionics: Cardiac Bionics, 2022-2032, $ mn 61
Figure 28. Europe Artificial Organ and Bionics Market by Artificial Bionics: Other Bionics, 2022-2032, $ mn 62
Figure 29. Breakdown of Europe Artificial Organ and Bionics Market by Material, 2022-2032, % of Sales Revenue 64
Figure 30. Europe Addressable Market Cap in 2023-2032 by Material, Value ($ mn) and Share (%) 64
Figure 31. Europe Artificial Organ and Bionics Market by Material: Metals, 2022-2032, $ mn 65
Figure 32. Europe Artificial Organ and Bionics Market by Material: Polymers, 2022-2032, $ mn 66
Figure 33. Europe Artificial Organ and Bionics Market by Material: Ceramics, 2022-2032, $ mn 67
Figure 34. Europe Artificial Organ and Bionics Market by Material: Other Materials, 2022-2032, $ mn 68
Figure 35. Breakdown of Europe Artificial Organ and Bionics Market by Technology, 2022-2032, % of Sales Revenue 70
Figure 36. Europe Addressable Market Cap in 2023-2032 by Technology, Value ($ mn) and Share (%) 70
Figure 37. Europe Artificial Organ and Bionics Market by Technology: Mechanical, 2022-2032, $ mn 71
Figure 38. Europe Artificial Organ and Bionics Market by Technology: Electronic, 2022-2032, $ mn 72
Figure 39. Breakdown of Europe Artificial Organ and Bionics Market by Fixation Type, 2022-2032, % of Revenue 74
Figure 40. Europe Addressable Market Cap in 2023-2032 by Fixation Type, Value ($ mn) and Share (%) 74
Figure 41. Europe Artificial Organ and Bionics Market by Fixation Type: Implantable, 2022-2032, $ mn 75
Figure 42. Europe Artificial Organ and Bionics Market by Fixation Type: Wearable, 2022-2032, $ mn 76
Figure 43. Breakdown of Europe Artificial Organ and Bionics Market by Age Group, 2022-2032, % of Revenue 78
Figure 44. Europe Addressable Market Cap in 2023-2032 by Age Group, Value ($ mn) and Share (%) 78
Figure 45. Europe Artificial Organ and Bionics Market by Age Group: 17 Years Old and Under, 2022-2032, $ mn 79
Figure 46. Europe Artificial Organ and Bionics Market by Age Group: 18-34 Years Old, 2022-2032, $ mn 80
Figure 47. Europe Artificial Organ and Bionics Market by Age Group: 35-49 Years Old, 2022-2032, $ mn 81
Figure 48. Europe Artificial Organ and Bionics Market by Age Group: 50-64 Years Old, 2022-2032, $ mn 82
Figure 49. Europe Artificial Organ and Bionics Market by Age Group: 65 Years Old and Above, 2022-2032, $ mn 83
Figure 50. Breakdown of Europe Artificial Organ and Bionics Market by End User, 2022-2032, % of Revenue 84
Figure 51. Europe Addressable Market Cap in 2023-2032 by End User, Value ($ mn) and Share (%) 85
Figure 52. Europe Artificial Organ and Bionics Market by End User: Hospitals, 2022-2032, $ mn 86
Figure 53. Europe Artificial Organ and Bionics Market by End User: Ambulatory Surgical Centers (ASCs), 2022-2032, $ mn 87
Figure 54. Europe Artificial Organ and Bionics Market by End User: Other End Users, 2022-2032, $ mn 88
Figure 55. Breakdown of European Artificial Organ and Bionics Market by Country, 2022 and 2032, % of Revenue 90
Figure 56. Contribution to Europe 2023-2032 Cumulative Market by Country, Value ($ mn) and Share (%) 91
Figure 57. Artificial Organ and Bionics Market in Germany, 2022-2032, $ mn 92
Figure 58. Artificial Organ and Bionics Market in U.K., 2022-2032, $ mn 94
Figure 59. Artificial Organ and Bionics Market in France, 2022-2032, $ mn 96
Figure 60. Artificial Organ and Bionics Market in Spain, 2022-2032, $ mn 98
Figure 61. Artificial Organ and Bionics Market in Italy, 2022-2032, $ mn 100
Figure 62. Artificial Organ and Bionics Market in Netherlands, 2022-2032, $ mn 102
Figure 63. Artificial Organ and Bionics Market in Rest of Europe, 2022-2032, $ mn 104
Figure 64. Growth Stage of Europe Artificial Organ and Bionics Industry over the Forecast Period 106
Methodology/Research Approach
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.Research Programs/Design
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Market Size Estimation
Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).
The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.
Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.
All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report
The following figure shows an illustrative representation of the overall market size estimation process used for this study.
Market Breakdown and Data Triangulation
After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.
Data Source
Secondary Sources
Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.
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Primary Sources
In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.
The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.
Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.
Key Executives Interviewed
Key Data Information from Primary Sources
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