Press release
Smart Implants Market Is Forecast To Surpass A Market Value Of US$ 22.2 Billion By 2032
The global smart implants industry is estimated at US$ 3.9 billion in 2022, and is forecast to surpass a market value of US$ 22.2 billion by 2032. Smart implants are expected to contribute significantly to the global implants market, with demand surging at a CAGR of 19% from 2022 to 2032.Growing diabetic population has increased the demand for frequent glucose-level checks, which was sufficed with wearable sensors that lasted 5-10 days. Introduction of implantable sensors that last for almost 6 months with better accuracy has revolutionized the diabetes care market. Increasing adoption of implantable-continuous glucose monitors (I-CGM) is propelling smart implants market growth.
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ:https://www.factmr.com/connectus/sample?flag=S&rep_id=7341?PJ
๐๐จ๐ฆ๐ฉ๐๐ญ๐ข๐ญ๐ข๐จ๐ง ๐๐๐ง๐๐ฌ๐๐๐ฉ๐
The global smart implants market is strictly consolidated with each player competing to secure dominance. One of the key approaches adopted by global leaders is increased investments in R&D to establish brand identity with breakthrough products.
Manufacturers are seeking on-field guidance by collaborating with hospitals and understanding the needs and challenges of patients to customize product development. Several partnerships with ICT industries are also established to guide medical technology development.
โข In Apr 2022, Medtronic & GE healthcare collaborated to understand the unique requirements and ultimatum for care at Ambulatory Surgery Centers (ASCs) and Office-based Labs (OBLs).
โข In Aug 2020, Senseonics collaborated with Ascensia Diabetes Care, providing it the exclusive distributor rights across the globe. Ascensia Diabetes Care markets its product in more than 125 countries, and will commercialize the Senseonics' Eversenseยฎ CGM systems.
๐๐ซ๐จ๐ฆ๐ข๐ง๐๐ง๐ญ ๐๐๐ฒ ๐ฉ๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐จ๐ ๐ญ๐ก๐ ๐๐ฆ๐๐ซ๐ญ ๐๐ฆ๐ฉ๐ฅ๐๐ง๐ญ๐ฌ ๐ฆ๐๐ซ๐ค๐๐ญ ๐ฌ๐ฎ๐ซ๐ฏ๐๐ฒ ๐ซ๐๐ฉ๐จ๐ซ๐ญ:
โข Abbott
โข Medtronic
โข Boston Scientific Corporation
โข Zimmer Biomet
โข Cochlear Ltd.
โข Biotronik
โข Nevro Corp.
โข Senseonics, Inc.
โข Nevropace
โข Aleva Neurotherapeutics SA
๐๐๐ฒ ๐๐๐ ๐ฆ๐๐ง๐ญ๐ฌ ๐จ๐ ๐๐ฆ๐๐ซ๐ญ ๐๐ฆ๐ฉ๐ฅ๐๐ง๐ญ๐ฌ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐ฎ๐ซ๐ฏ๐๐ฒ
โข Smart Implants Market by Implant :
โข Pacemakers
โข CRTs
โข ICDs
โข Knee Replacement
โข I-CGM
โข Cochlear Implants
โข Sacral Neuromodulators
โข DRG Neurostimulators
โข Spinal Cord Stimulators
โข Others
โข Smart Implants Market by Use Case :
โข Cardiac Rhythm Management
โข Arthroplasty
โข Neuromodulation
โข Continuous Glucose Monitoring
โข Hearing
โข Others
โข Smart Implants Market by End User :
โข Hospitals
โข Specialty Clinics
โข ASCs
โข Smart Implants Market by Region :
โข North America
โข Latin America
โข Europe
โข East Asia
โข South Asia & ASEAN
โข Oceania
โข MEA
๐๐ฎ๐๐ฌ๐ญ๐ข๐จ๐ง๐ง๐๐ข๐ซ๐ ๐๐ง๐ฌ๐ฐ๐๐ซ๐๐ ๐ข๐ง ๐ญ๐ก๐ ๐๐ฆ๐๐ซ๐ญ ๐๐ฆ๐ฉ๐ฅ๐๐ง๐ญ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐ข๐ง๐๐ฅ๐ฎ๐๐:
โข How the market for Smart Implants has grown?
โข What is the present and future outlook of the global Smart Implants on the basis of region?
โข What are the challenges and opportunities for the Smart Implants?
โข Why the consumption of Smart Implants highest in region?
โข In which year segment is expected to overtake segment?
"๐๐๐๐ ๐๐จ๐ซ ๐๐๐ซ๐ฌ๐จ๐ง๐๐ฅ๐ข๐ณ๐๐ ๐๐ซ๐๐๐ญ๐ฆ๐๐ง๐ญ ๐๐ซ๐จ๐ฉ๐๐ฅ๐ฅ๐ข๐ง๐ ๐๐ฌ๐ ๐จ๐ ๐๐ฆ๐๐ซ๐ญ ๐๐ฆ๐ฉ๐ฅ๐๐ง๐ญ๐ฌ"
Smart implants are not only used for continuous internal diagnosis, but their external connectivity feature enables therapy customization according to the need.
Remote access to internal diagnosis helps patients and health workers personalize the therapy from a distance or over video calls. With digitalization transforming the smart medical implants market, the remote monitoring aspect of smart implants will not only reduce the frequency of in-person consultation but also gain patients' confidence of control, thereby driving market growth.
๐๐๐ญ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ญ๐ข๐จ๐ง ๐จ๐ง ๐ญ๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ซ ๐๐ฉ๐๐๐ข๐๐ข๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐จ๐ฅ๐ฎ๐ญ๐ข๐จ๐ง๐ฌ:https://www.factmr.com/connectus/sample?flag=RC&rep_id=7341?PJ
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