India Medical Implants Market Expected to Grow faster according to new research report 2018-2025
Increase in incidences of chronic diseases, changes in lifestyle and adoption of sedentary lifestyle, technological advancements, rise in aging population, and growth in disposable incomes in the developed countries drive the medical implants market in India. However, high price issues and problems associated with implantation restraint the market growth. Factors such as technological advancements and increase in awareness amongst patients, rise in preference for a better quality of life, and untapped market opportunities in India are projected to provide market growth opportunities.
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The India medical implants market is segmented on the basis of type and biomaterial. On the basis of product, it is segmented into orthopedic implants (reconstructive joint implants, which include knee replacement implants, hip replacement implants, extremities, orthobiologics, and craniomaxillofacial), cardiovascular implants (pacing devices and stents), spinal implants (interbody fusion devices, thoracolumbar devices, cervical fixation devices, spinal electrical stimulation, vertebral compression fracture (VCF) devices, and motion preservation devices), neurostimulators (deep brain stimulators, sacral nerve stimulators, spinal cord stimulators, vagus nerve stimulators, and other neurostimulators), ophthalmic implant (intraocular lens and glaucoma implants), dental implants (plate form dental implants and root form dental implants), facial implant, and breast implant. On the basis of biomaterials, it is classified into ceramic biomaterials, metallic biomaterials, polymers biomaterials, and natural biomaterials.
The key players of the market include Abbott Laboratories, Biotronik SE & Co. KG, Boston Scientific Corporation, C. R. Bard, Inc., Cardinal Health, Inc., Conmed Corporation, Globus Medical, Inc., Johnson & Johnson, LivaNova plc, and Medtronic plc.
• The study provides an in-depth analysis of the market with current trends and future estimations to elucidate the imminent investment pockets.
• It offers a quantitative analysis from 2016 to 2023 which is expected to enable the stakeholders to capitalize on prevailing market opportunities.
• Extensive analysis by product helps understand various types of implants used for implantation.
• Comprehensive analysis of all geographical regions is provided, which elucidates the prevailing opportunities.
• Key players are profiled and their strategies are analyzed thoroughly, which helps understand competitive outlook of the global market.
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