Global Implantable Medical Devices Market Market Outlook 2030: Industry Insights & Opportunity Evaluation, 2019-2030

Description

Implantable Medical Devices Market

Market Overview
Medical implants are devices that are utilized to replace or function as a portion of a biological structure or a specific bodily component. Thousands of individuals improve their quality of life each year by undergoing surgical procedures that entail the implantation or removal of implanted medical devices. Implants are now employed for a variety of purposes in the body, including orthopedics, pacemakers, cardiovascular stents, defibrillators, neurological prostheses, and medication delivery systems. Implants are surgically or medically implanted into the human body, either entirely or partly. Depending on the situation, the device can be implanted permanently or temporarily, and it may be withdrawn afterward. There has been an increase in the number of age-related illnesses as people’s lifespans have increased. This has raised demand for life-extension medical aids such as novel therapies, implants, prostheses, and long-term pharmacological use. Tissues, metals, bones, polymers, skin, ceramics, and other materials are used to make implantable devices.

Implantable Medical Devices Market: Key Players
Abbott
Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis
Boston Scientific Corporation
Danaher Corporation
Dentsply Sirona
Institut Straumann AG
Johnson & Johnson Services Inc
Medtronic
Smith & Nephew
Stryker
Terumo Corporation

Growth Factor
Cosmetic procedures are becoming more prevalent, fueled by a considerable rise in public interest in body aesthetics and physical attractiveness, fueling demand for implanted medical devices. Furthermore, advancements in technology that allow a person to improve his or her appearance, such as dental implants, pectoral implants, deltoid implants, thigh augmentation, breast implants, cochlear implants, and other devices, have led to the increased demand for these gadgets. Additionally, the increased prevalence of chronic conditions such as heart failures, arthritis, motor, sensory, or cognitive modalities, and others that necessitate various types of implants to prolong a patient’s life are positively impacting market growth. Furthermore, a growth in the elderly population in both established and emerging nations has led in a growth in the incidence of numerous chronic illnesses, driving up demand for these goods even more.
Segmentation
By Type
Orthopedic Implants
Dental Implants
Cardiovascular Implants
Others
By Material
Stainless Steel
Cobalt-Chromium Alloys
Titanium
Titanium Alloys
Zirconium
By End-User
Hospitals
Ambulatory Surgery Centers
Implantable Medical Devices Market Dynamics
Implantable Medical Devices Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies Involved in the Market
Value Chain of the Market
Market Drivers and Restraints

Recent News Related to Market
In October 2019, NeuroRecovery Technologies combined with GTX Medical developed two technologies for patients with spinal cord injuries: Targeted Epidural Spine Stimulation (TESS), a spinal cord implant that provides real-time motion feedback, and Transcutaneous Spinal Cord Stimulation (tSCS). GTX medical BV is the new name for the merging company.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
COVID-19 pre and post business impact analysis
Detailed overview of the parent market
Changing market dynamics in the industry
In-depth market segmentation
What is the Implantable Medical Devices Market growth?
Which segment accounted for the largest Implantable Medical Devices Market share?
Who are the key players in the Implantable Medical Devices Market?
Historical, current, and projected market size in terms of volume and value
Recent industry trends and developments
Competitive landscape
Strategies of key players and products offered
Potential and niche segments, geographical regions exhibiting promising growth
A neutral perspective on market performance
Must-have information for market players to sustain and enhance their market footprint

Note: Although care has been taken to maintain the highest levels of accuracy in Our reports, recent market/vendor-specific changes may take time to reflect in the analysis.