Ten Things To Avoid in Artificial Organ And Bionics Market

The global artificial organ and bionics market size was valued at USD 25.9 billion in 2019 and is projected to grow at a compound annual growth rate (CAGR) of 9.6% from 2020 to 2027. The key drivers of the market for artificial organ and bionics are increasing number of transplants coupled with rising number of people waiting for donors. According to the Human Resource and Services Administration (HRSA), there are more than 112,000 people on the national waiting list in 2020 in U.S. According to the HRSA report, in every 10 minutes a person is added to the transplant waiting list in the U.S., thereby, increasing the demand for the artificial medical devices.

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