Spain Artificial Organs & Bionic Implants Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

The Spain Artificial Organs & Bionic Implants Market is Segmented by Product (Artificial Organs and Bionics)

Market Snapshot

Study Period: 2018 - 2026
Base Year: 2021
CAGR: 11.64 %

Need a report that reflects how COVID-19 has impacted this market and its growth?

Market Overview

The Spain Artificial Organs & Bionic Implants Market is expected to grow with a CAGR of 11.64% in the forecast period. The growth of the market in the country can be attributed to the increasing incidence of disabilities and organ failures and increasing medical tourism. Furthermore, the technological advancements in the country are also found to boost the market growth.

Apart from the countries patients, the medical department of Spain treats many other patients as medical tourism is growing its roots in Spain. As the visitors for medical treatment for cardiac and renal surgeries are increasing in number the demand for artificial organs and bionic implants also increases.

Scope of the report

As per the scope of the report, artificial organs and bionics are man-made devices that can be implanted or integrated in humans, to either replace a natural organ or provide support for the purpose of restoring specific function or a group of related functions, helping the patient to return to his normal life.

By Product
Artificial Organs
Artificial Heart
Artificial Kidney
Vision Bionics
Ear Bionics
Orthopedic Bionic
Cardiac Bionics

Report scope can be customized per your requirements. Click here.

Key Market Trends

Cardiac Bionics Segment is Expected to Have a Highest Growth Rate in the Forecast Period

The cardiac bionics segment is expected to show a high growth that is attributed to the increasing prevalence of cardiovascular diseases, increasing geriatric population in the country that helps in the overall market growth.

According to an article published by Héctor Bueno, Beatriz Pérez-Gómez in the journal Circulation, 2019 edition, stated that cardiovascular disease is the number one cause of death in Spain leading to 120,000 deaths every year. Thus, owing to the large patient pool of cardiac diseases and benefits associated with bionics, the segment is expected to grow over the forecast period. 

cardio spain

Competitive Landscape

The Spain Artificial Organs & Bionic Implants Market is moderately competitive with several major players. Some of the strategies implemented include agreements, collaborative models, business expansion, and product developments. Some of the major players in the market include Otto Bock Holding GmbH & Co. KG, Medtronic plc, Sonova Holding AG, Boston Scientific Corporation etc.

Table of Contents


    1. 1.1 Study Deliverables

    2. 1.2 Study Assumptions

    3. 1.3 Scope of the Study




    1. 4.1 Market Overview

    2. 4.2 Market Drivers

      1. 4.2.1 Increased Incidence of Disabilities and Organ Failures and Increasing Medical Tourism

      2. 4.2.2 Technological Advancements Leading to Enhanced Applications

    3. 4.3 Market Restraints

      1. 4.3.1 Expensive Procedures and Fear of Device Malfunction and its Consequences

    4. 4.4 Porter's Five Force Analysis

      1. 4.4.1 Threat of New Entrants

      2. 4.4.2 Bargaining Power of Buyers/Consumers

      3. 4.4.3 Bargaining Power of Suppliers

      4. 4.4.4 Threat of Substitute Products

      5. 4.4.5 Intensity of Competitive Rivalry


    1. 5.1 By Product

      1. 5.1.1 Artificial Organs

        1. Artificial Heart

        2. Artificial Kidney

        3. Others

      2. 5.1.2 Bionics

        1. Vision Bionics

        2. Ear Bionics

        3. Orthopedic Bionic

        4. Cardiac Bionics

        5. Others


    1. 6.1 Company Profiles

      1. 6.1.1 Boston Scientific Corporation

      2. 6.1.2 Otto Bock Holding GmbH & Co. KG

      3. 6.1.3 Medtronic plc

      4. 6.1.4 Zimmer Biomet

      5. 6.1.5 Sonova Holding AG (Advanced Bionics)

      6. 6.1.6 Edwards Lifesciences Corporation

      7. 6.1.7 Terumo Medical Corporation

      8. 6.1.8 OSSUR

    2. *List Not Exhaustive

**Competitive Landscape covers- Business Overview, Financials, Products and Strategies and Recent Developments

You can also purchase parts of this report. Do you want to check out a section wise price list?

Frequently Asked Questions

The Spain Artificial Organs & Bionic Implants Market market is studied from 2018 - 2026.

The Spain Artificial Organs & Bionic Implants Market is growing at a CAGR of 11.64% over the next 5 years.

Medtronic plc, Zimmer Biomet, Boston Scientific Corporation, Sonova Holding AG(Advanced Bionics), Otto Bock Holding GmbH & Co. KG are the major companies operating in Spain Artificial Organs & Bionic Implants Market.

80% of our clients seek made-to-order reports. How do you want us to tailor yours?

Please enter a valid email id!

Please enter a valid message!