Press release
Microelectronic Medical Implants Market Report 2024: Strategies And Recent Developments | Abiomed Inc., Cyberonics Inc., Medtronic Inc., Neuropace Inc., Abbott Laboratories, Zoll Medical Corporation
Microelectronic Medical Implants Market Size
The Business Research Company offers in-depth market insights through Microelectronic Medical Implants Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
The microelectronic medical implants market size has grown rapidly in recent years. It will grow from $41.26 billion in 2023 to $45.52 billion in 2024 at a compound annual growth rate (CAGR) of 10.3%. The growth in the historic period can be attributed to cost efficiency and accessibility, rise in chronic diseases, miniaturization of devices, regulatory support and standards, growing acceptance and awareness..
The microelectronic medical implants market size is expected to see rapid growth in the next few years. It will grow to $66.65 billion in 2028 at a compound annual growth rate (CAGR) of 10.0%. The growth in the forecast period can be attributed to rise in lifestyle diseases, regulatory support and standards, patient preference for implantable solutions, cost efficiency and accessibility, aging population and chronic diseases.. Major trends in the forecast period include miniaturization and compact designs, wireless connectivity and remote monitoring, advancements in sensor technology, focus on longevity and reliability, biocompatible materials..
Get Free Sample Of This Report-
https://www.thebusinessresearchcompany.com/sample.aspx?id=8992&type=smp
Market Segmentation:
The microelectronic medical implants market covered in this report is segmented -
1) By Product: Neurostimulators, Drug Infusion Pumps, Pacemakers, Defibrillators, Spinal Fusion Stimulators, Implantable Drug Pumps, Hearing Implants, Eye Implants, Ocular Implants, Other Products
2) By Technology: Radiofrequency, Sensors, Other Technologies
3) By Material: Metals, Titanium, Stainless Steel, Platinum, Gold Brazed Alloys, Polymers, Ceramics, Other Materials
4) By Application: Cardiology, Neurology, Ophthalmology, Oncology, Other Applications
5) By End-Users: Hospitals And Clinics, Ambulatory Surgical Centres
Major Driver - Rising Hearing Impairments Propel Growth In Microelectronic Medical Implants Market A Future Outlook
The rising prevalence of hearing impairments is expected to boost the microelectronic medical implants market going forward. Hearing impairment is the inability to hear as well as someone with normal hearing, defined as hearing thresholds of 20 dB or better in both ears. Microelectronic medical implants can improve hearing in people with severe hearing loss who are no longer helped by using hearing aids, hence, they will boost the microelectronic medical implants market. For instance, according to the World Health Organization (WHO), a Switzerland-based intergovernmental organization responsible for providing leadership on global health matters, in 2021, it is expected that by 2050, approximately 2.5 billion individuals will have some degree of hearing loss, and at least 700 millions of them will need hearing rehabilitation. Therefore, the rising prevalence of hearing impairments is driving the growth of the microelectronic medical implant market.
Competitive Landscape:
Major companies operating in the microelectronic medical implants market report are Abiomed Inc., Cyberonics Inc., Medtronic Inc., Neuropace Inc., Abbott Laboratories, Zoll Medical Corporation, Biotronik Inc., Cochlear Ltd, Envoy Medical Corporation, Microsemi Corporation, Zimmer Biomet Holdings Inc., World Heart Corporation, Schiller Americas Inc., Koninklijke Philips NV, St Jude Medical Inc., Xenco Medical, Advanced Bionics AG, Boston Scientific Corporation, Debiotech SA, Edwards Lifesciences Corporation, EndoStim Inc., EnteroMedics Inc., GlaxoSmithKline plc., Greatbatch Inc., ImThera Medical Inc., Inspire Medical Systems Inc., Integra LifeSciences Corporation, LivaNova PLC., Med-El Elektromedizinische Geräte GmbH, MicroPort Scientific Corporation .
Get Access To The Full Market Report -
https://www.thebusinessresearchcompany.com/report/microelectronic-medical-implants-global-market-report
Top Trend - Revolutionary Innovations Propel Microelectronic Medical Implant Market Cochlear's Nucleus 8 Sound Processor Sets New Standards
Technological advancements have emerged as the key trend gaining popularity in the microelectronic medical implant market. Major companies operating in the microelectronic medical implants market are developing advanced technologies to strengthen their position in the market. For instance, in November 2022, Cochlear Limited, an Australia-based medical device and microelectronic medical implant company, announced that the Cochlear Nucleus 8 Sound Processor had received approval from the U.S. Food and Drug Administration (FDA). The Nucleus 8 Sound Processor incorporates Cochlear's most recent and advanced hearing technology, which can detect changes in a person's surroundings and automatically modify their listening settings. It also contains an improved ForwardFocus+ function, which effectively lowers distracting background noise to improve the clarity of face-to-face interactions, even in busy surroundings.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Microelectronic Medical Implants Market Characteristics
3. Microelectronic Medical Implants Market Trends And Strategies
4. Microelectronic Medical Implants Market - Macro Economic Scenario
5. Microelectronic Medical Implants Market Size And Growth
…..
27. Microelectronic Medical Implants Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
Contact us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Latest Trending Press Releases: https://www.thebusinessresearchcompany.com/press-release.aspx
About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialize in various industries including manufacturing, healthcare, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Microelectronic Medical Implants Market Report 2024: Strategies And Recent Developments | Abiomed Inc., Cyberonics Inc., Medtronic Inc., Neuropace Inc., Abbott Laboratories, Zoll Medical Corporation here
News-ID: 3426608 • Views: …
More Releases from The Business research company
Leading Companies Fueling Growth and Innovation in the Sun Care Products Market
The sun care products market is on track for substantial expansion as consumer awareness about skin protection intensifies worldwide. With evolving preferences and technological advancements shaping product offerings, this sector is set to witness robust growth in the coming years. Let's explore the market's size projections, key players, emerging trends, and major segments driving its development through 2030.
Projected Size and Growth Trajectory of the Sun Care Products Market
The…
Future Perspectives: Key Trends Shaping the Styrene Butadiene Rubber (SBR) Based …
The styrene butadiene rubber (SBR) based adhesive market is on track for notable growth as we approach 2030. Driven by a variety of factors including expanding infrastructure projects and rising demand across multiple industries, this sector is poised for steady expansion. Let's explore the market's size projections, key players, emerging trends, and the main segments shaping its future.
Projected Growth and Market Size of Styrene Butadiene Rubber Based Adhesives
The…
Emerging Sub-Segments Transforming the Stearic Acid Market Landscape
The stearic acid market is poised for significant expansion in the coming years, driven by evolving demand across various industries. This report explores the projected market size, leading companies, key trends, and segment analysis shaping the future of this vital chemical.
Stearic Acid Market Size and Growth Outlook
The stearic acid market is set to grow robustly, reaching a valuation of $54.63 billion by 2030. This represents a compound annual…
Market Trend Insights: The Impact of Recent Innovations on the Specialty Pestici …
The specialty pesticides sector is on the verge of significant expansion as global agricultural practices continue to evolve. Driven by increasing demand for crop protection and sustainable farming techniques, this market is set to experience robust growth in the coming years. Let's explore the market's anticipated value, leading companies, emerging trends, and detailed segmentation to gain a comprehensive understanding of this dynamic industry.
Projected Market Size and Growth Expectations for Specialty…
More Releases for Medical
ECG Analysis System Market Research Report 2022 - GE Medical, Medical Econet, Gr …
A recent market research report added to repository of MR Accuracy Reports is an in-depth analysis of global ECG Analysis System. On the basis of historic growth analysis and current scenario of ECG Analysis System place, the report intends to offer actionable insights on global market growth projections. Authenticated data presented in report is based on findings of extensive primary and secondary research. Insights drawn from data serve as excellent…
ECG Analysis System Market Outlook: 2020 The Year On A Positive Note | GE Medica …
DataIntelo report titled Global ECG Analysis System Market provides detailed information and overview about the key influential factors required to make well informed business decision. This is a latest report, covering the current COVID-19 impact on the market. The pandemic of Coronavirus (COVID-19) has affected every aspect of life globally. This has brought along several changes in market conditions. The rapidly changing market scenario and initial and future assessment of…
Medical Tracheostomy Tube Market Overall Study Report 2020-2027 | Players Medtro …
The latest report added by Stratagem Market Insights gives deep insights into the drivers and restraints in the Worldwide Medical Tracheostomy Tube Market. The research report "Global Medical Tracheostomy Tube Market Size and Growth Forecast to 2027" provide a comprehensive take on the overall market. Analysts have carefully evaluated the milestones achieved by the global Medical Tracheostomy Tube market and the current trends that are likely to shape its future.…
Global Embolization Particle Market 2019 - Sirtex Medical, Merit Medical, Cook M …
The global "Embolization Particle Market" report delivers a comprehensive and systematic framework of the Embolization Particle market at a global level that includes all the key aspects related to it. The data is collected from different sources allied to the global Embolization Particle market and the research team meticulously analyze the gathered data with the help of various analytical tools and present their opinion based on analysis and calculations. The…
Medical Casting & Splinting Market 2019: Top Key players are 3M, DJO Global, BSN …
Medical Casting & Splinting Market 2019 Report analyses the industry status, size, share, trends, growth opportunity, competition landscape and forecast to 2025. This report also provides data on patterns, improvements, target business sectors, limits and advancements. Furthermore, this research report categorizes the market by companies, region, type and end-use industry.
Get Sample Copy of this Report@ https://www.researchreportsworld.com/enquiry/request-sample/13718924
Global Medical Casting & Splinting market 2019 research provides a basic overview of…
Global Oxygen Pressure Regulator Market 2017 : Precision Medical, Smiths Medical …
Oxygen Pressure Regulator
A market study based on the " Oxygen Pressure Regulator Market " across the globe, recently added to the repository of Market Research, is titled ‘Global Oxygen Pressure Regulator Market 2017’. The research report analyses the historical as well as present performance of the worldwide Oxygen Pressure Regulator industry, and makes predictions on the future status of Oxygen Pressure Regulator market on the basis of this analysis.
Get Free…
