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Worldwide Artificial Organ and Bionics Industry to 2025 - Advantageous in Comparison Prosthetics Presents Opportunities


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The global artificial organ and bionics market is estimated to be USD 21.41 Bn in 2020 and is expected to reach USD 32.05 Bn by 2025, growing at a CAGR of 8.4 %.
Market Dynamics
The demand for organ donors is ever increasing, and is very high compared to the actual supply. This has been a major boost for the artificial organ bionics market, as the patients cannot afford to wait in queue since the stakes are very high. Bionics and artificial organs are able to cater to the needs of those in need of organ transplantations and replacements. They can replicate the function of damaged organs. ....

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