Medical Bionic Implant/Artificial Organs Market Report | Global Forecast To 2027
Medical Bionic Implant/Artificial Organs Market Overview Bionic implants are artificially engineered devices that are implanted into a human to replace a natural organ. The main purpose of bionic implants is to provide life support to prevent imminent death while awaiting a transplant and improve the patient's ability to interact socially. A number of factors such as the increasing cases of organ failure, technological advancements, rising cases of accidents and injuries, improving regulatory framework, increasing government assistance, and increasing prevalence of eye diseases are propelling the growth of the global medical bionic implant/artificial organs market. However, lack of skilled professionals and the high cost of devices and poor healthcare system in low and middle-income countries may hamper the growth of the market. It is estimated that the medical bionic implant/artificial organs market report is expected to register a CAGR of 7.0% during the forecast per