01-19-2019 03:31 PM CET - Health & Medicine

Active Implantable Medical Devices Market 2019 Growing At 9.3% CAGR by 2026 - Global Analysis By Nurotron Biotechnology, MED-EL Medical Electronics, Medtronic, LivaNova

Press release from: Market Prognosis

Marketprognosis.com Publish a New Market Research Report On “Active Implantable Medical Devices - Global Market Outlook (2017-2026)” which contains global key player’s survey information and forecast to 2026.

According to Market Prognosis, the Global Active Implantable Medical Devices market is accounted for $19.40 billion in 2017 and is expected to reach $43.25 billion by 2026 growing at a CAGR of 9.3% during the forecast period. Some of the factors like increasing demand for technological advanced products, growing demand for neurostimulators are the factors that are fuelling the market growth. In addition, growing number of patients with cardiovascular disease and neurological disorders is also one of the favouring factor for the market growth. However, failure of device, high cost of implants and infection at surgical site are hindering the market.

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Top Industry Players:
Some of the key players in Active Implantable Medical Devices market include William Demant Holding A/S, Nurotron Biotechnology Co. Ltd, MED-EL Medical Electronics, Medtronic Plc, LivaNova PLC , Sonova Holding AG, Cochlear Ltd, Boston Scientific Corporation, BIOTRONIK SE & Co. KG, and Abbott Laboratories.

Active Implantable Medical Devices are the devices which are partially or totally introduced into human body either surgically or medically. On the basis of product, implantable cardioverter defibrillators (ICD) held the largest market share and expected to remain the same during the forecast period by surpassing other products and also due to increasing prevalence of cardiovascular diseases. In terms of end users, hospital sector is the bench topper among all due to the infrastructural development and increasing demand of medical devices.

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Market Segments:
By Geography, North America dominates other regions due to the growing demand of novel active implantable devices and expected to retain its position over the next few years followed by Asia pacific and Europe.
Products Covered:
• Cardiac Pacemaker
• Implantable Cardioverter Defibrillators (ICD)
• Neuro stimulators
• Implantable Hearing Devices
• Insertable Cardiac Monitor (Implantable Monitoring Devices)
• Ventricular Assist Devices (VAD)
• Implantable Heart Monitors/Insertable Loop Recorders
Procedures Covered:
• Cardiovascular Implants
• Hearing Implants
• Neurological Implants
• Other Procedures
End-Users Covered:
• Ambulatory Surgery Centers
• Hospitals
• Specialty Clinics

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About Market Prognosis
We at Market Prognosis believe in giving a crystal clear view of market dynamics for achieving success in today’s complex and competitive marketplace through our quantitative & qualitative research methods.
We help our clients identify the best market insights and analysis required for their business thus enabling them to take strategic and intelligent decision.
We believe in delivering actionable insights for your business growth and success.

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Email: sales@marketprognosis.com

This release was published on openPR.
News-ID: 1514480 • Views: 382
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