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Active Implantable Medical Devices Market Expected to Reach US$ 39,026.9 Mn by 2025 - Medtronic, ABBOTT, Cochlear, Boston Scientific, BIOTRONIK, MED-EL, SONOVA, William Demant Holding, LivaNova, Nurotron Biotechnology

02-28-2020 09:44 AM CET | Health & Medicine

Press release from: Premium Market Insights

Active Implantable Medical Devices Market

Active Implantable Medical Devices Market

Active implantable medical devices market is expected to reach US$ 39,026.9 Mn by 2025 from US$ 22,096.9 Mn in 2017. The market is estimated to grow with a CAGR of 7.9% during the forecast period from 2018 to 2025. The growth of the active implantable medical devices market is primarily attributed to the increasing prevalence of cardiovascular diseases, neurological disorders & hearing disorders, increasing technological advancements & new product launches and large pool of geriatric population are the major factors that anticipated to propel the growth for the active implantable medical devices market in the forecast period However, high cost of products and procedures and high rate of product recalls expected to act as major challenges hindering the market growth. On the other hand, growing product innovations is expected to be prevalent future trend in the global active implantable medical devices market.

Global active implantable medical devices market segmented into by product and end user. Based on product, the market is segmented into implantable cardioverter defibrillators, implantable cardiac pacemakers, neurostimulators, implantable hearing devices, ventricular assist devices and implantable heart monitors/insertable loop recorders. The implantable cardioverter defibrillators segment is further bifurcated into transvenous implantable cardioverter defibrillators and subcutaneous implantable cardioverter defibrillators. On the basis of end user, the active implantable medical devices market classified as hospitals, ambulatory surgery centers and specialty clinics.

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The List of Companies- Medtronic, ABBOTT, Cochlear, Boston Scientific , BIOTRONIK, MED-EL, SONOVA, William Demant Holding, LivaNova , Nurotron Biotechnology

The Global market of active implantable medical devices was classified into implantable cardioverter defibrillators, implantable cardiac pacemakers, neurostimulators, implantable hearing devices, ventricular assist devices and implantable heart monitors/insertable loop recorders, by product.

The Hospital segment expected to the largest share segment and fastest growing segment in the coming years. The increasing adoption of new technology devices in the hospitals and rising hospital research drives the market growth for the active implantable medical devices in the forecast period.

The Active implantable medical devices market was estimated through extensive primary and secondary sources that included a vast array of government authorized websites such as International Trade Administration (ITA), Food and Drug Administration (FDA), Saudi Arabian Monetary Agency (SAMA), International Diabetes Federation (IDF), China National Committee on Aging (CNCA) and others. The primary respondents included chair-holders and representatives of the demand and supply side for healthcare industries as well as medical professionals at various active implantable device manufacturing companies, hospitals, and research centers.
Table of Content:

1 Introduction
1.1 Scope of Study

2 Key Takeaways

3 Active Implantable Medical Devices Market Landscape
3.1 Market Overview
3.2 Market Segmentation
3.3 PEST Analysis

4 Active Implantable Medical Devices Market - Key Industry Dynamics
4.1 Key Market Drivers
4.2 Key Market Restraints
4.3 Key Market Opportunities
4.4 Future Trends
4.5 Impact Analysis

5 Active Implantable Medical Devices Market Analysis- Global
5.1 Global Active Implantable Medical Devices Market Overview
5.2 Global Active Implantable Medical Devices Market Forecasts and Analysis
5.3 Market Positioning/Market Share
5.4 Performance of Key Players
5.5 Expert Opinions Active Implantable Medical Devices Market

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