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Global Next Generation Implants Market 2022 Outlook By Material, Application And End-User | Trends and Forecast To 2030

03-03-2023 11:49 AM CET | Health & Medicine

Press release from: Absolute Markets Insights

Global Next Generation Implants Market 2022 Outlook

Next-generation implants are devices or tissues that are implanted within or on the body's surface. Many implants are prosthetics that are designed to replace missing body parts. Other implants dispense medication, monitor body functions, or help organs and tissues. Implants can be permanently implanted or removed after they are no longer required. Stents and hip implants, for example, are designed to be permanent. Chemotherapy ports, on the other hand, or screws used to repair broken bones, can be removed when no longer required. Materials used in biomedical applications come in a variety of sizes, and they must have specific properties in order to fulfill this role. Metals, ceramics, and polymers are commonly utilized materials for implants, and such materials must have properties that allow them to function inside the human or animal body. A growing emphasis on procedures and treatments to extend patient life expectancy, a growing global ageing population and age-related degenerative diseases are all factors driving the growth of next generation implants market. According to the World Health Organization (WHO), the number of persons aged 60 and more will reach 1.4 billion by 2030. Because of increased life expectancy and an increase in the geriatric population, the number of age-related diseases has also increased.

In terms of revenue, next generation implants market was valued at US$ 3374.41 Mn in 2021 growing at a CAGR of 6.2% over the forecast period (2022 - 2030).

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Major R&D initiatives in the field, as well as continuing technical improvements in the global medical industry, are projected to drive the growth of the next generation implants market over the period of next eight years. However, the high cost of next-generation implants treatment and devices and stringent regulatory standards for implants, are some of the factors that limit the market growth. Some of the major players in the next generation implants market are focusing on patient condition monitoring and developing products to expand their market share. For instance, Abbott announced the launch of NeuroSphere myPath in January 2021. It is a digital health app designed to monitor and report on patient general well-being and perceived pain relief associated with spinal cord stimulation (SCS) and dorsal root ganglion (DRG) therapy. The app allows patients to record their pain and well-being outcomes while trialing their neurostimulation therapy during the device trial period required before the permanent implant.

The Covid-19 pandemic impacted the medical technologies worldwide. According to the World Health Organization (WHO), the covid-19 pandemic had infected nearly 2 million people by January 2021, resulting in enormous strain on the global medical industry. COVID-19 has brought the medical device business to the forefront, with unprecedented demand for products such as diagnostic tests, ventilators, and personal protective equipment (PPE). Medical device businesses first focused on immediate crisis response, employee safety, business continuity, and dealing with the healthcare ecosystem's rapid changes. Market participants have been focusing on other disorders, including implants, in the second half of 2020. Most businesses swiftly prioritized additional digital capabilities, such as online customer service personnel, to enable digital touchpoints with their customers. Furthermore, the increased promise of innovation in implants technologies will in the near future promise new opportunities for the growth of market participants in the next generation implants market.

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Some of the Key Players Operating in the Global Next Generation Implants Market include: 
Abbott
Arthrex, Inc.
Boston Scientific Corporation
Hiossen
Institut Straumann AG
Invibio Ltd.
Johnson & Johnson Vision
Meril Life Sciences Pvt. Ltd.
Monogram
Smith & Nephew, Inc.
Southern Implants
Zimmer Biomet
Other Market Participants

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Our 420+ Pages Report titled, Next Generation Implants Market will include extensive information on the following pointers:

Global market size and forecast values (2015 - 2030), in terms of revenue (US$ Million) and volume (Kilotons) by segments/sub-segments
Split of the market revenue (US$ Million) and Volume (Kilotons) into all the relevant segments & sub-segments across all major regions/countries.
Years Considered (2015 - 2030)
(Historic Years: 2015 - 2020
Base Year: 2021
Forecast Years: 2022 - 2030)
Market determinants and Influencing Factors
Market Dynamics (Drivers, Restraints, Opportunities and Trends)
Analysis on Impact of Covid-19 on Global Next Generation Implants Market
Macro-Economic and Micro-Economic Indicators
Porter's Five Forces Analysis
Regulatory Landscape
PESTEL Analysis
Competitive Benchmarking: Global Presence and Growth Strategies
(Mergers and Acquisitions
Product Launches
Investments Trends
R&D Initiatives)
Market Share Analysis, 2021
Detailed profiles of major market participants operating in the market, encompassing information pertaining to Company Details, Company Overview, Product Offerings, Key Developments, Financial Analysis, SWOT Analysis and Business Strategies
Region specific report, including North America, Europe, Asia Pacific, Middle East & Africa and Latin America, can also be provided.
The reports can be provided in different languages including German, Korean, Arabic, Russian, French, Japanese, Spanish, Chinese and other languages.

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Global Next Generation Implants Market Segmentation:

By Material
Metal & Metal Alloy
Ceramic
Polymer
Others

By Application
Dental Implant
Breast Implant
Orthopaedic Implants
Ocular Implants
Cardiovascular Implants
Others

By End User
Hospitals
Clinics
Ambulatory Surgical Centres
Others

By Geography
North America [U.S., Canada, Mexico]
Europe [Germany, UK, France, Italy, Rest of Europe]
Asia-Pacific [China, India, Japan, South Korea, Southeast Asia, Australia, Rest of Asia Pacific]
South America [Brazil, Argentina, Rest of Latin America]
Middle East & Africa [GCC, North Africa, South Africa, Rest of the Middle East and Africa]

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We appreciate your reading the article in its entirety. If you would like to know more about the Next Generation Implants market, looking for customization, contact us. To achieve a full market reach of Next Generation Implants, or explore more about opportunities reach our research analyst. Our team is available 24/7 to assist and support our customers through reliable research.

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Contact Us:
Contact Name: Shreyas Tanna
Company: Absolute Markets Insights
Email Id: sales@absolutemarketsinsights.com
Phone: IN +91-7400-24-24-24, US +1-510-420-1213
Website: www.absolutemarketsinsights.com

About Us:
Absolute Markets Insights assists in providing accurate and latest trends related to consumer demand, consumer behavior, sales, and growth opportunities, for the better understanding of the market, thus helping in product designing, featuring, and demanding forecasts. Our experts provide you the end-products that can provide transparency, actionable data, cross-channel deployment program, performance, accurate testing capabilities and the ability to promote ongoing optimization. From the in-depth analysis and segregation, we serve our clients to fulfill their immediate as well as ongoing research requirements. Minute analysis impact large decisions and thereby the source of business intelligence (BI) plays an important role, which keeps us upgraded with current and upcoming market scenarios.

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