Press release
Asia-Pacific Active Medical Implantable Devices Market - Industry Trends and Forecast to 2028
Asia-Pacific active medical implantable devices market is expected to gain significant growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyzes that the market is growing with a CAGR of 11.2% in the forecast period of 2021 to 2028 and is expected to reach USD 6,969.06 million by 2028. Rise in chronic diseases such as cardiovascular are the major drivers propelling the growth of the market in the forecast period. However the high cost of treatment with implantable devices is retaining the market growth. Increase in healthcare expenditure is providing an opportunity for the market to grow. On the other hand, decrease in the number of professional workers is challenging the market for implantable devices.Active medical implantable device are the devices which rely on an outer power source instead of the body or gravity and these devices are designed to be introduced into the body with the intention to remain there for the following procedure or treatment.
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