Innovations in Artificial Organs(Technical Insights)

Innovations in Artificial Organs (Technical Insights):Impact and assessment of key innovations in artificial organs

Feb 03, 2016, 16:36 ET from ReportBuyer

LONDON, Feb. 3, 2016 /PRNewswire/ -- Artificial organs are support devices that are either attached to the human body or implanted in the human body to restore the function of an ailing organ or to completely replace a native organ. Artificial organs can be segmented into 7 main categories, that is, cochlear implants, artificial heart, artificial liver, artificial pancreas, artificial eyes, artificial lungs and artificial kidneys. The artificial organs market is a hotbed of innovation with a lot of research and development being undertaken by companies and universities across the globe. The research study covers innovations across 7 segments, their technologies, and the impact. Technology adoption in the report demonstrates the level of current adoption and likelihood of future adoption of these technologies geographically. The report also includes funding scenario of various companies backed by angel, seed and private investors as well as venture capitalists. Finally, opportunity evaluation has been conducted to understand the scope of current and future technologies.

Key Findings

Investor support is positive and that is fuelling research and development initiatives
Investor support from private investors, angel investors and venture capitalists is positive and the future looks promising for the majority of the manufacturers who are looking to push their prototypes into pre-clinical testing and human clinical trials. It is imperative to generate interest amongst newer investors to seed more funding to be able to move towards commercialization.

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