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Implantable Medical Devices Market Size To Hit US$ 168.3 Billion by 2027 | IMARC Group

04-12-2023 12:19 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: IMARC Group

Implantable Medical Devices Market Size To Hit US$ 168.3 Billion

According to the latest report by IMARC Group, titled "๐ˆ๐ฆ๐ฉ๐ฅ๐š๐ง๐ญ๐š๐›๐ฅ๐ž ๐Œ๐ž๐๐ข๐œ๐š๐ฅ ๐ƒ๐ž๐ฏ๐ข๐œ๐ž๐ฌย ๐Œ๐š๐ซ๐ค๐ž๐ญ: ๐†๐ฅ๐จ๐›๐š๐ฅ ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐“๐ซ๐ž๐ง๐๐ฌ, ๐’๐ก๐š๐ซ๐ž, ๐’๐ข๐ณ๐ž, ๐†๐ซ๐จ๐ฐ๐ญ๐ก, ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ฒ ๐š๐ง๐ ๐…๐จ๐ซ๐ž๐œ๐š๐ฌ๐ญ ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ-๐Ÿ๐ŸŽ๐Ÿ๐Ÿ•,"ย theย global implantable medical devices market reached a value of US$ 120.5 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 168.3 Billion by 2027, exhibiting at a CAGR of 5.54% during 2022-2027.ย 

Medical implants are devices that are placed inside the human body, either temporarily or permanently, to support the functions of specific tissues or organs, deliver medicines, or monitor physiological activities. These implants can be made from human tissues or exogenous materials, such as ceramics, metals, and plastics. They are often used as prosthetics to replace damaged body parts. The functioning of the medical device depends on an electrical energy source and is primarily used to support cardiac functions. Commonly available implantable medical devices include cardioverter defibrillators, left ventricular assist devices, pacemakers, breast implants, hip implants, intrauterine contraceptive devices, and cochlear implants.

๐†๐ž๐ญ ๐…๐ซ๐ž๐ž ๐๐ƒ๐… ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: https://www.imarcgroup.com/implantable-medical-devices-market/requestsample

๐†๐ฅ๐จ๐›๐š๐ฅย ๐ˆ๐ฆ๐ฉ๐ฅ๐š๐ง๐ญ๐š๐›๐ฅ๐ž ๐Œ๐ž๐๐ข๐œ๐š๐ฅ ๐ƒ๐ž๐ฏ๐ข๐œ๐ž๐ฌย ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐“๐ซ๐ž๐ง๐๐ฌ:

The surging cases of age-related diseases, such as coronary arterial and neurological ailments, and the rapidly expanding healthcare infrastructure are some of the factors primarily driving the market growth. Moreover, the increasing consumer expenditure power has significantly boosted cosmetic and medical tourism, which, in turn, is creating a positive outlook for the market. Furthermore, the rising prevalence of cardiovascular diseases due to sedentary lifestyles and surging cases of obesity are accelerating the market growth. Additionally, key market players are heavily investing in advanced technology to introduce smart implantable devices that can transmit data using the internet for remote patient monitoring, which is acting as another factor positively contributing to the market. Besides this, the introduction of three-dimensional (3D) printed implants and robotic arms to conduct surgeries and the growing use of biomaterials to manufacture implantable medical devices are boosting the market growth. ย 

๐ˆ๐ฆ๐ฉ๐ฅ๐š๐ง๐ญ๐š๐›๐ฅ๐ž ๐Œ๐ž๐๐ข๐œ๐š๐ฅ ๐ƒ๐ž๐ฏ๐ข๐œ๐ž๐ฌย ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ-๐Ÿ๐ŸŽ๐Ÿ๐Ÿ• ๐‚๐จ๐ฆ๐ฉ๐ž๐ญ๐ข๐ญ๐ข๐ฏ๐ž ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐š๐ง๐ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง:

๐‚๐จ๐ฆ๐ฉ๐ž๐ญ๐ข๐ญ๐ข๐ฏ๐ž ๐‹๐š๐ง๐๐ฌ๐œ๐š๐ฉ๐ž ๐–๐ข๐ญ๐ก ๐Š๐ž๐ฒ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ:

The competitive landscape of the Implantable medical devices has been studied in the report with the detailed profiles of the key players operating in the market.

๐’๐จ๐ฆ๐ž ๐จ๐Ÿ ๐ญ๐ก๐ž๐ฌ๐ž ๐ค๐ž๐ฒ ๐ฉ๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ ๐ข๐ง๐œ๐ฅ๐ฎ๐๐ž:

โ€ข Abbott Laboratories
โ€ข Biotronik
โ€ข Boston Scientific Corporation
โ€ข C. R. Bard
โ€ข Cardinal Health
โ€ข Conmed Corporation
โ€ข Globus Medical, Inc.
โ€ข Integra Lifesciences Holdings Corporation
โ€ข Johnson & Johnson
โ€ข LivaNova PLC
โ€ข Medtronic plc
โ€ข Nuvasive, Inc.
โ€ข Smith & Nephew Plc
โ€ข St. Jude Medical
โ€ข Institut Straumann AG.
โ€ข Stryker Corporation
โ€ข Wright Medical Group N.V.
โ€ข Zimmer Biomet Holdings

๐Š๐ž๐ฒ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง:

The report has segmented the global implantable medical devices market on the basis of product type, material, end-user and region.

๐๐ซ๐ž๐š๐ค๐ฎ๐ฉ ๐›๐ฒ ๐๐ซ๐จ๐๐ฎ๐œ๐ญ ๐“๐ฒ๐ฉ๐ž:

โ€ข Orthopedic Implants
โ€ข Dental Implants
โ€ข Facial Implants
โ€ข Breast Implants
โ€ข Cardiovascular Implants
โ€ข Others

๐๐ซ๐ž๐š๐ค๐ฎ๐ฉ ๐›๐ฒ ๐Œ๐š๐ญ๐ž๐ซ๐ข๐š๐ฅ:

โ€ข Polymers
โ€ข Metals
โ€ข Ceramics
โ€ข Biologics

๐๐ซ๐ž๐š๐ค๐ฎ๐ฉ ๐›๐ฒ ๐„๐ง๐-๐”๐ฌ๐ž๐ซ:

โ€ข Hospitals
โ€ข Ambulatory Surgery Centers (ASCs)
โ€ข Clinics

๐๐ซ๐ž๐š๐ค๐ฎ๐ฉ ๐›๐ฒ ๐‘๐ž๐ ๐ข๐จ๐ง:

โ€ข North America
โ€ข Europe
โ€ข Asia-Pacific
โ€ข Middle East and Africa
โ€ข Latin America

๐€๐ฌ๐ค ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ญ ๐Ÿ๐จ๐ซ ๐Ÿ๐ŸŽ% ๐…๐ซ๐ž๐ž ๐‚๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐ž๐ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: https://www.imarcgroup.com/request?type=report&id=1123&flag=A

We are in the process of updating our reports. If you want to receive the latest research data covering the time period from 2023 to 2028, along with industry trends, market size, and competitive analysis, click on the request sample report. The team would be able to deliver the latest version of the report in a quick turnaround time.

๐Š๐ž๐ฒ ๐‡๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ:

โ€ข Market Performance (2016-2021)
โ€ข Market Outlook (2022-2027)
โ€ข Market Trends
โ€ข Market Drivers and Success Factors
โ€ข Impact of COVID-19
โ€ข Value Chain Analysis
โ€ข Comprehensive mapping of the competitive landscape

๐ˆ๐Ÿ ๐ฒ๐จ๐ฎ ๐ง๐ž๐ž๐ ๐ฌ๐ฉ๐ž๐œ๐ข๐Ÿ๐ข๐œ ๐ข๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง ๐ญ๐ก๐š๐ญ ๐ข๐ฌ ๐ง๐จ๐ญ ๐œ๐ฎ๐ซ๐ซ๐ž๐ง๐ญ๐ฅ๐ฒ ๐ฐ๐ข๐ญ๐ก๐ข๐ง ๐ญ๐ก๐ž ๐ฌ๐œ๐จ๐ฉ๐ž ๐จ๐Ÿ ๐ญ๐ก๐ž ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ, ๐ฐ๐ž ๐ฐ๐ข๐ฅ๐ฅ ๐ฉ๐ซ๐จ๐ฏ๐ข๐๐ž ๐ข๐ญ ๐ญ๐จ ๐ฒ๐จ๐ฎ ๐š๐ฌ ๐š ๐ฉ๐š๐ซ๐ญ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐œ๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐š๐ญ๐ข๐จ๐ง.

๐Œ๐ž๐๐ข๐š ๐‚๐จ๐ง๐ญ๐š๐œ๐ญ:

Company Name: IMARC Group
Contact Person: Elena Anderson
Email: sales@imarcgroup.com
Phone: +1-631-791-1145
Address: 134 N 4th St
City: Brooklyn
State: NY
Country: United States
Website: https://www.imarcgroup.com

๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

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