Colombia Artificial Organs And Bionics Market Size & Outlook
Colombia artificial organs and bionics market, 2018-2030 (US$M)
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Colombia artificial organs and bionics market highlights
- The Colombia artificial organs and bionics market generated a revenue of USD 228.5 million in 2022 and is expected to reach USD 461.5 million by 2030.
- The Colombia market is expected to grow at a CAGR of 9.2% from 2023 to 2030.
- In terms of segment, artificial organ was the largest revenue generating product in 2022.
- Artificial bionics is the most lucrative product segment registering the fastest growth during the forecast period.
Artificial organs and bionics market data book summary
| Market revenue in 2022 | USD 228.5 million |
| Market revenue in 2030 | USD 461.5 million |
| Growth rate | 9.2% (CAGR from 2022 to 2030) |
| Largest segment | Artificial organ |
| Fastest growing segment | Artificial bionics |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Artificial Organ, Artificial bionics |
| Key market players worldwide | Zimmer Biomet Holdings Inc, Boston Scientific Corp, Cochlear Ltd, Edwards Lifesciences Corp, Ekso Bionics Holdings Inc, Medtronic PLC, Symbotic Inc Ordinary Shares - Class A, Johnson & Johnson, Berlin Heart GmbH, SynCardia Systems |
Other key industry trends
- In terms of revenue, Colombia accounted for 0.7% of the global artificial organs and bionics market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil artificial organs and bionics market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in Latin America and is projected to reach USD 793.8 million by 2030.
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Artificial Organs And Bionics Market Scope
Artificial Organs And Bionics Market Companies
| Name | Profile | # Employees | HQ | Website |
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Colombia artificial organs and bionics market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to artificial organs and bionics market will help companies and investors design strategic landscapes.
Artificial organ was the largest segment with a revenue share of 70.63% in 2022. Horizon Databook has segmented the Colombia artificial organs and bionics market based on artificial organ, artificial bionics covering the revenue growth of each sub-segment from 2018 to 2030.
The increasing aging population, growing incidence of road accidents, and a significant scarcity of organ donors are boosting the demand for artificial organs and bionics in the country. Rapid FDA approvals and technological advancements in the field of 3D bioprinting are further augmenting the demand in the artificial organ and bionics market.
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Our clientele includes a mix of artificial organs and bionics market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Colombia artificial organs and bionics market, including forecasts for subscribers. This country databook contains high-level insights into Colombia artificial organs and bionics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Colombia artificial organs and bionics market size, by product, 2018-2030 (US$M)
Colombia Artificial Organs And Bionics Market Share, 2022 & 2030 (US$M)
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