India Wearable Artificial Organs Market Size & Outlook
India wearable artificial organs market, 2016-2027 (US$M)
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India wearable artificial organs market highlights
- The India wearable artificial organs market generated a revenue of USD 201.5 million in 2020 and is expected to reach USD 697.1 million by 2027.
- The India market is expected to grow at a CAGR of 19.4% from 2021 to 2027.
- In terms of segment, cochlear implant was the largest revenue generating artificial organ in 2020.
- Kidney is the most lucrative artificial organ segment registering the fastest growth during the forecast period.
Wearable artificial organs market data book summary
| Market revenue in 2020 | USD 201.5 million |
| Market revenue in 2027 | USD 697.1 million |
| Growth rate | 19.4% (CAGR from 2020 to 2027) |
| Largest segment | Cochlear implant |
| Fastest growing segment | Kidney |
| Historical data | 2016 - 2019 |
| Base year | 2020 |
| Forecast period | 2021 - 2027 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Kidney, Pancreas, Cochlear implant, Exoskeleton, Bionic Limbs, Brain bionics, Vision Bionics |
| Key market players worldwide | Medtronic PLC, Cochlear Ltd, Ekso Bionics Holdings Inc, MED-EL, Abbott Laboratories, Boston Scientific Corp, Rewalk Robotics Ltd, Ottobock, Lockheed Martin Corp |
Other key industry trends
- In terms of revenue, India accounted for 3.3% of the global wearable artificial organs market in 2020.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2027.
- In Asia Pacific, China wearable artificial organs market is projected to lead the regional market in terms of revenue in 2027.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 697.1 million by 2027.
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Wearable Artificial Organs Market Scope
Wearable Artificial Organs Market Companies
| Name | Profile | # Employees | HQ | Website |
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India 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 30.02% in 2020. Horizon Databook has segmented the India 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.
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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 country-level data and insights on the India wearable artificial organs market, including forecasts for subscribers. This country databook contains high-level insights into India wearable artificial organs market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
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India wearable artificial organs market size, by artificial organ, 2016-2027 (US$M)
India Wearable Artificial Organs Market Share, 2020 & 2027 (US$M)
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