Europe Implantable Medical Devices Market Size, Share, Demand and Forecast 2023-2028

IMARC Group has recently released a new research study titled "Europe Implantable Medical Devices Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028", offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends and competitive landscape to understand the current and future market scenarios.

How big is the Europe implantable medical devices market?

The Europe implantable medical devices market size reached US$ 33.1 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 48.3 Billion by 2028, exhibiting a growth rate (CAGR) of 6.3% during 2023-2028.

Implantable Medical Devices Uses and Applications:

Medical implants encompass a range of instruments designed for dispensing medication, overseeing bodily functions, bolstering organs and tissues, and more. Typically constructed from materials like metals, ceramics, body-friendly tissues, and plastics, implantable medical devices exhibit resilience against corrosion and demonstrate compatibility with the human body.

Consequently, they find extensive application in a variety of medical fields, including pacemakers, drug delivery systems, orthopedics, cardiovascular stents, neural prosthetics, and more. Among the commonly employed implantable medical devices are coronary stents, intraocular lenses, cardiac defibrillators, hip implants, insulin pumps, and others.

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Europe Implantable Medical Devices Market Demand, Trends and Growth Drivers:

The Europe implantable medical devices market is primarily being propelled by the increasing prevalence of chronic diseases and the expanding geriatric population. Additionally, there is a growing trend of people being more conscious of their physical appearances, which is leading to a rise in the use of implantable medical devices in cosmetic surgeries. Moreover, the continuous advancements in microelectronics and biotechnology are creating a demand for more advanced implantable medical devices.

Furthermore, the increasing prominence of non- or minimally-invasive surgeries is also driving the adoption of implantable devices, as they facilitate quicker recovery and reduce the time spent in the hospital. All these factors are expected to continue driving the European market for implantable medical devices in the years to come.

Key Market Segmentation:

The report has segmented the Europe implantable medical devices market on the basis of product, material, end user and country.

Breakup by Product:

• Facial Implants
• Breast Implants
• Cardiovascular Implants
• Others

Breakup by Material:

• Polymers
• Metals
• Ceramics
• Biologics

Breakup by End User:

• Hospitals
• Ambulatory Surgery Centers (ASCs)
• Clinics

Breakup by Country:

• Germany
• France
• United Kingdom
• Italy
• Spain
• Others

Speak to Analyst: https://www.imarcgroup.com/request?type=report&id=2817&flag=C

Key Highlights of the Report:

• Market Performance (2017-2022)
• Market Outlook (2023-2028)
• Market Trends
• Market Drivers and Success Factors
• Impact of COVID-19
• Value Chain Analysis
• Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

Media Contact:
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Contact Person: Elena Anderson
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Phone: +1-631-791-1145
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State: NY
Country: United States
Website: https://www.imarcgroup.com

About Us:

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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