(PharmaNewsWire.Com, January 05, 2017 ) Artificial organs are human-made bioartificial devices, which are implanted or integrated into individuals to replace or support natural organs. These include artificial heart, kidney, pancreas, and cochlear implants. Biocompatible materials such as polymers (polyurethane, polysulfone, and porous polypropylene), biologics, ceramics, and metals are used to develop artificial organs. These organs are incorporated with different technologies like sensors, biomaterials, and innovative delivery systems. Artificial organs perform the function of the natural organ and help the patient to live a quality life. In few cases, artificial organs are capable of eliminating the need for organ transplantation altogether.
Technavios analysts forecast the global artificial pancreas devices system market to grow at a CAGR of 7.40% during the period 2016-2020.
Covered in this report The report covers the present scenario and the growth prospects of the global artificial pancreas devices system market for 2016-2020. To calculate the market size, the report considers the revenue generated from sales of the different products.
The market is divided into the following segments based on geography: Americas APAC EMEA
Technavio's report, Global Artificial Pancreas Devices System Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors Medtronic Johnson & Johnson Insulet Tandem Diabetes Care Roche
Other prominent vendors Beta Bionics Bigfoot Biomedical Cellnovo Dexcom Dose Safety DreaMed Diabetes Inreda Diabetic Type Zero Technologies
Market driver Growing technological integration fueling the market growth. For a full, detailed list, view our report
Market challenge Lack of smart control algorithms affecting the adoption rate of existing APDS. For a full, detailed list, view our report
Market trend Growing demand for remote monitoring application. For a full, detailed list, view our report
Key questions answered in this report What will the market size be in 2020 and what will the growth rate be? What are the key market trends? What is driving this market? What are the challenges to market growth? Who are the key vendors in this market space? What are the market opportunities and threats faced by the key vendors? What are the strengths and weaknesses of the key vendors?
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