Market revenue in 2022 | USD 1,251.2 million |
Market revenue in 2030 | USD 2,688.8 million |
Growth rate | 10% (CAGR from 2022 to 2030) |
Largest segment | Artificial organ |
Fastest growing segment | Artificial bionics |
Historical data | 2018 - 2021 |
Base year | 2022 |
Forecast period | 2023 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Artificial Organ, Artificial bionics |
Key market players worldwide | Zimmer Biomet Holdings Inc, Boston Scientific Corp, Cochlear Ltd, Edwards Lifesciences Corp, Ekso Bionics Holdings Inc, Medtronic PLC, Symbotic Inc Ordinary Shares - Class A, Johnson & Johnson, Berlin Heart GmbH, SynCardia Systems |
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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 artificial organs and bionics market will help companies and investors design strategic landscapes.
Artificial organ was the largest segment with a revenue share of 70.61% in 2022. Horizon Databook has segmented the Spain artificial organs and bionics market based on artificial organ, artificial bionics covering the revenue growth of each sub-segment from 2018 to 2030.
Increasing incidence of organ failures and the growing number of organ transplant procedures are expected to boost Spain’s market. The key drivers of the market include an increase in the aging population, growth in incidence of organ failure, and rapid advancements in the field of bionic implants.
According to the European Road Safety Observatory report, there were 102,362 accidents reported in Spain. Thus, the abovementioned factors are expected to boost Spain’s artificial organ and bionics market over the forecast period.
Horizon Databook provides a detailed overview of country-level data and insights on the Spain artificial organs and bionics market, including forecasts for subscribers. This country databook contains high-level insights into Spain artificial organs and bionics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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