
New report on Artificial Vital Organs And Medical Bionics market is segmented by product type into two broad categories such as Artificial vital organs market and Medical bionics market. Artificial vital organs market is further categorized into different segments, namely artificial liver, artificial heart, artificial pancreas, artificial kidney, artificial lungs and oxygenators. Medical bionics market also consists of sub-segments and includes bionic limbs, vision bionics, ear bionics, exoskeletons, brain bionics, heart valves and cardiac bionics. In artificial vital organs market, artificial kidneys lead the market due to high incidence of acute renal failure. In medical bionics market, bionic exoskeleton accounts for high CAGR due to strong research initiatives in this segment. Artificial pancreases and bio-lungs are the pipeline devices in medical bionics market. The biochip products and services market is segmented by application type into different sub-categories such as gene sequencing and gene expression, clinical diagnosis and treatment (Cancer diagnosis), genomics and toxicogenomics, proteomics, drug discovery and other applications. Clinical diagnosis and treatment is the leading sub-segment in application types. Cancer diagnosis and treatment segment is primarily driven by personalized medicines approved by the FDA for the treatment of cancer. Other factor supportive to the growth of cancer diagnosis segment include government funding and technological advancements.