Global Wearable Artificial Organs Market Size & Outlook
The wearable artificial organs industry worldwide is expected to reach a projected revenue of US$ 17,714.4 million by 2027. A compound annual growth rate of 16.2% is expected of the worldwide wearable artificial organs industry from 2021 to 2027.
Revenue, 2020 (US$M)
$6,174.5
Forecast, 2027 (US$M)
$17,714.4
CAGR, 2021 - 2027
16.2%
Report Coverage
Worldwide
Global wearable artificial organs market, 2016-2027 (US$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.
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Wearable Artificial Organs Market Scope
Wearable artificial organs market segmentation & scope
Kidney
Pancreas
Cochlear implant
Exoskeleton
Bionic Limbs
Brain bionics
Vision Bionics
Wearable Artificial Organs Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
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)
- Kidney
- Pancreas
- Cochlear implant
- Exoskeleton
- Bionic Limbs
- Brain bionics
- Vision Bionics
- Global Wearable Artificial Organs Technology Outlook (Revenue, USD Million, 2016-2027)
- Mechanical
- Electronicals
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Our clientele includes a mix of wearable artificial organs market companies, investment firms, advisory firms & academic institutions.
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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.
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Global wearable artificial organs market statistics, by regions, 2016-2027 (US$M)
Top 10 countries: Wearable artificial organs market size, 2020 (USD Million)
Top 10 countries: Wearable artificial organs market size, 2020 (USD Million)
Global wearable artificial organs market, by region, 2020 (US$M)
Related regional statistics
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