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The Growing Demand for Medical Implants: A Booming Market for Innovative Solutions

03-24-2023 12:32 PM CET | Health & Medicine

Press release from: Allied Market Research

/ PR Agency: Allied Market Research
The Growing Demand for Medical Implants: A Booming Market

The medical implant industry estimated $85.38 billion in 2019, and is estimated to generate $147.46 billion by 2027, manifesting a CAGR of 7.2% from 2020 to 2027.

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐š ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‚๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: ๐”๐๐ƒ๐€๐“๐„ ๐€๐•๐€๐ˆ๐‹๐€๐๐‹๐„ ๐Ž๐ ๐ƒ๐„๐Œ๐€๐๐ƒ: https://www.alliedmarketresearch.com/request-sample/71

A medical implant is a device that is placed inside the body to support or replace a damaged or missing body part or function. Medical implants can be made from various materials, such as metal, plastic, ceramic, or biological tissue.

There are many different types of medical implants, including artificial joints, pacemakers, dental implants, and cochlear implants. Some medical implants are permanent, while others are temporary and are removed after they have served their purpose.

Medical implants can improve the quality of life for people with certain medical conditions, such as arthritis, heart disease, or hearing loss. However, they can also carry risks, such as infection, rejection by the body, or complications during surgery. It is important to carefully consider the benefits and risks of a medical implant before deciding to undergo the procedure.

๐‚๐จ๐ฏ๐ข๐-๐Ÿ๐Ÿ— ๐ฌ๐œ๐ž๐ง๐š๐ซ๐ข๐จ-

The covid-19 outbreak impacted the medical implant market negatively. The American College of Surgeons (ACS) has recently issued guidelines for triage of vascular surgery patients, suggesting to postpone non-emergency vascular procedures.

According to new government directives and hospital guidelines, vascular procedures have been restricted for life or limb salvaging cases only. The staff have been reallocated to Covid wards.

๐Œ๐ž๐๐ข๐œ๐š๐ฅ ๐ข๐ฆ๐ฉ๐ฅ๐š๐ง๐ญ๐ฌ ๐œ๐š๐ง ๐›๐ž ๐ฎ๐ฌ๐ž๐ ๐ข๐ง ๐ฏ๐š๐ซ๐ข๐จ๐ฎ๐ฌ ๐ฌ๐ž๐ ๐ฆ๐ž๐ง๐ญ๐ฌ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐›๐จ๐๐ฒ, ๐ข๐ง๐œ๐ฅ๐ฎ๐๐ข๐ง๐ :

Orthopedic implants: used to replace or support bones and joints, such as hip and knee replacements, spinal implants, and bone plates and screws.

Dental implants: used to replace missing teeth, they are surgically placed into the jawbone and provide a foundation for a prosthetic tooth or bridge.

Cardiovascular implants: used to treat heart conditions, such as pacemakers and implantable defibrillators, stents, and heart valves.

Neurological implants: used to treat conditions of the nervous system, such as deep brain stimulation devices for Parkinson's disease, cochlear implants for hearing loss, and spinal cord stimulators for chronic pain.

Ophthalmic implants: used to treat conditions of the eye, such as intraocular lenses for cataract surgery and glaucoma implants.

Cosmetic implants: used for aesthetic purposes, such as breast implants, facial implants, and buttock implants.

Each segment has specific requirements and considerations for the design, material selection, and placement of medical implants to ensure they function effectively and safely in the body.

๐๐ฎ๐ฒ ๐ญ๐ก๐ข๐ฌ ๐๐ซ๐ž๐ฆ๐ข๐ฎ๐ฆ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ:

https://www.alliedmarketresearch.com/purchase-enquiry/71

๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐ƒ๐ฒ๐ง๐š๐ฆ๐ข๐œ๐ฌ:

The market is analyzed across Asia-Pacific, Europe, LAMEA, and North America. The market across North America held lion's share in 2019, with more than two-fifths of the global medical implant market. Furthermore, the region would lead the trail throughout the forecast period. At the same time, Asia-Pacific is expected to register the fastest CAGR of 8.8% from 2020 to 2027.

๐’๐œ๐ก๐ž๐๐ฎ๐ฅ๐ž ๐š ๐œ๐š๐ฅ๐ฅ ๐ฐ๐ข๐ญ๐ก ๐จ๐ฎ๐ซ ๐š๐ง๐š๐ฅ๐ฒ๐ฌ๐ญ: https://www.alliedmarketresearch.com/connect-to-analyst/71

๐‚๐จ๐ฆ๐ฉ๐ž๐ญ๐ข๐ญ๐ข๐ฏ๐ž ๐‹๐š๐ง๐๐ฌ๐œ๐š๐ฉ๐ž:

Medtronic Plc.
Johnson and Johnson
Boston Scientific Corporation
Biotronik
LivaNova PLC
Globus Medical, Inc
NuVasive, Inc.
Integra LifeSciences Holding Corporation
Institut Straumann AG
Conmed Corporation

๐๐ซ๐จ๐ฐ๐ฌ๐ž ๐ซ๐ž๐ฅ๐š๐ญ๐ž๐ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ:

Synthetic Biology Market https://www.alliedmarketresearch.com/synthetic-biology-market

Intravenous Immunoglobulin Market https://www.alliedmarketresearch.com/intravenous-immunoglobulin-ivig-market

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๐€๐›๐จ๐ฎ๐ญ ๐€๐ฅ๐ฅ๐ข๐ž๐ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI.

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