Global Wearable Artificial Organs Market Size & Outlook
Global wearable artificial organs market, 2016-2027 (US$M)
Related Markets
Global wearable artificial organs market highlights
- The global wearable artificial organs market generated a revenue of USD 6,174.5 million in 2020 and is expected to reach USD 17,714.4 million by 2027.
- The market is expected to grow at a CAGR (2021 - 2027) of 16.2% by 2027.
- In terms of segment, cochlear implant accounted for a revenue of USD 1,852.1 million in 2020.
- Kidney is the most lucrative artificial organ segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2020.
- Country-wise, U.S. is expected to register the highest CAGR from 2021 to 2027.
Global data book summary
| Market revenue in 2020 | USD 6,174.5 million |
| Market revenue in 2027 | USD 17,714.4 million |
| Growth rate | 16.2% (CAGR from 2020 to 2027) |
| Largest segment | Cochlear implant |
| Fastest growing segment | Kidney |
| Historical data covered | 2016 - 2019 |
| Base year for estimation | 2020 |
| Forecast period covered | 2021 - 2027 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Kidney, Pancreas, Cochlear implant, Exoskeleton, Bionic Limbs, Brain bionics, Vision Bionics |
Other key industry trends
- In terms of revenue, the North America accounted for 45.7% of the global wearable artificial organs market in 2020.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2027.
- By country, U.S. is the fastest growing regional market and is projected to reach USD 6,337.0 million by 2027.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Wearable Artificial Organs Market Scope
Wearable Artificial Organs Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Rewalk Robotics Ltd | View profile | 108 | 3 Hatnufa Street, P.O. Box 161, Floor 6, Yokneam Ilit, Israel, 2069203 | https://www.rewalk.com |
| Ottobock | View profile | 1001-5000 | Duderstadt, Niedersachsen, Germany, Europe | http://www.ottobock.com/en/ |
| Lockheed Martin Corp | View profile | 122000 | 6801 Rockledge Drive, Bethesda, MD, United States, 20817 | https://www.lockheedmartin.com |
| MED-EL | View profile | 1001-5000 | Innsbruck, Tirol, Austria, Europe | http://www.medel.com/ |
| Cochlear Ltd | View profile | 4773 | 1 University Avenue, Macquarie University, Sydney, NSW, Australia, 2109 | https://www.cochlear.com |
| Ekso Bionics Holdings Inc | View profile | 72 | 101 Glacier Point, Suite A, San Rafael, CA, United States, 94901 | https://www.eksobionics.com |
| Boston Scientific Corp | View profile | 48000 | 300 Boston Scientific Way, Marlborough, MA, United States, 01752-1234 | https://www.bostonscientific.com |
| Medtronic PLC | View profile | 95000 | Lower Hatch Street, 20 On Hatch, Dublin, Ireland, 2 | https://www.medtronic.com |
| Abbott Laboratories | View profile | 114000 | 100 Abbott Park Road, Abbott Park, IL, United States, 60064-6400 | https://www.abbottinvestor.com |
Global wearable artificial organs 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 wearable artificial organs market will help companies and investors design strategic landscapes.
Cochlear implant was the largest segment with a revenue share of 30% in 2020. Horizon Databook has segmented the Global wearable artificial organs market based on kidney, pancreas, cochlear implant, exoskeleton, bionic limbs, brain bionics, vision bionics covering the revenue growth of each sub-segment from 2016 to 2027.
- Global Wearable Artificial Organs Artificial Organ Outlook (Revenue, USD Million, 2016-2027)
- Pancreas
- Brain bionics
- Exoskeleton
- Bionic Limbs
- Vision Bionics
- Cochlear implant
- Kidney
- Global Wearable Artificial Organs Technology Outlook (Revenue, USD Million, 2016-2027)
- Electronicals
- Mechanical
Reasons to subscribe to Global wearable artificial organs market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Global wearable artificial organs market databook
-
Our clientele includes a mix of wearable artificial organs market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global wearable artificial organs market, including forecasts for subscribers. This global databook contains high-level insights into Global wearable artificial organs market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
Partial client list
Global wearable artificial organs market size, by regions, 2016-2027 (US$M)
Top 10 countries: Wearable artificial organs market size, 2020 (US$M)
Global wearable artificial organs market share, by artificial organ, 2020 & 2027 (%, US$M)
Wearable artificial organs market: Opportunity assessment by country
Global wearable artificial organs market, by region, 2020 (US$M)
Related industry reports
Related statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
