Artificial Organs Global Market is Projected to Reach $38.9 Billion by 2030: Increasing Incidence of Cardiovascular Disease Drives the Market for Artificial Heart and VAD


Dublin, April 24, 2023 (GLOBE NEWSWIRE) -- The "Artificial Organs - Global Strategic Business Report" report has been added to's offering.

The global market for Artificial Organs estimated at US$21.6 Billion in the year 2022, is projected to reach a revised size of US$38.9 Billion by 2030, growing at a CAGR of 7.7% over the analysis period 2022-2030.

Artificial Kidneys, one of the segments analyzed in the report, is projected to record a 8.3% CAGR and reach US$20.9 Billion by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the Artificial Pancreas segment is readjusted to a revised 7.3% CAGR for the next 8-year period.

The U.S. Market is Estimated at $6.3 Billion, While China is Forecast to Grow at 7.1% CAGR

The Artificial Organs market in the U.S. is estimated at US$6.3 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$6.7 Billion by the year 2030 trailing a CAGR of 7.1% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 6.9% and 6.3% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 5.8% CAGR.

Select Competitors (Total 71 Featured) -

  • Abbott Laboratories
  • Abiomed Inc.
  • Asahi Kasei Medical Co., Ltd.
  • Baxter International Inc.
  • F.Hoffmann-La Roche Ltd.
  • Fresenius Medical Care AG & Co. KGaA
  • HeartWare International Inc.
  • Jarvik Heart Inc.
  • Medtronic Inc.
  • Nikkiso Co. Ltd.
  • Nipro Corp.
  • SynCardia Systems LLC
  • Toray Medical Co., Ltd.
  • Xenios AG

What`s New for 2023?

  • Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and Research Platform
  • Complimentary updates for one year

Key Attributes:

Report AttributeDetails
No. of Pages288
Forecast Period2022 - 2030
Estimated Market Value (USD) in 2022$21.6 Billion
Forecasted Market Value (USD) by 2030$38.9 Billion
Compound Annual Growth Rate7.6%
Regions CoveredGlobal

Key Topics Covered:




  • Influencer Market Insights
  • World Market Trajectories
  • Recent Market Activity
  • Artificial Organs Revolutionize Medical Industry
  • Growth Drivers
  • Growth Inhibitors
  • Artificial Organs Poised to Witness Significant Demand
  • The United States - A Dominant Force in the Artificial Organs Market
  • Artificial Kidneys Garner a Larger Pie in the Artificial Organs Market
  • Demand and Supply Imbalance
  • Competitive Scenario
  • Technological Advancements Spearheading Growth
  • Artificial Organs - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
  • Impact of Covid-19 and a Looming Global Recession



  • Increasing Incidence of Cardiovascular Disease Drive the Market for Artificial Heart and VAD
  • Higher Development Costs and Lengthy Regulatory Process - Stumbling Blocks for Product Commercialization
  • Lack of Requisite Expertise - Hindering Implantation Process
  • Xenotransplantation - Other Alternative to Donor Organ Shortage
  • Artificial Organs from Cloned Animal Cells - A Promising Trend
  • Immunosuppressants Hold Promise in Artificial Organs Market
  • Move towards Smaller ImplanTable Devices
  • Barriers to Entry Significantly High in Dialyzers Market
  • Reuse of Dialyzers - A Major Issue in Dialysis Industry
  • Poor Reimbursement Environment Stymies Innovation
  • Product Recalls - A Major Blow to the Manufacturers
  • Higher Cost of Artificial Organs Hampers Broader Adoption
  • Major Issues Related to Artificial Organs
  • Financial
  • Legal
  • Ethical
  • Social
  • UCLA Researchers Develop Cancer-Fighting Cells
  • Production of 3D-like Artificial Organs in a Device that Works like a Cotton Candy Machine
  • Harvard Scientists Create Tissue Containing Blood Vessels
  • University of Washington Researchers Create Communicating Yeast Cells
  • Scientists Define Morphospace to Evaluate Viability of Artificial Organs
  • Application of 3D-Printing in the Medical Field
  • 3D Printing Revolutionizing the Medical Industry's Artificial Organ Development Segment
  • "Soft" 3D Bioprinting Eliminates Concerns of Hard Plastic-based Organ Models
  • 3D Printed Organ Models with Sensors Enable Real-time Feedback




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Global Market for Artificial Organs