Smart Implants Market Size, Share, Trends, Insights And Forecast To 2033

The new report published by The Business Research Company, titled Smart Implants Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033, delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.

As per the report, the smart implants market size has grown rapidly in recent years. It will grow from $3.83 billion in 2023 to $4.47 billion in 2024 at a compound annual growth rate (CAGR) of 16.5%. The smart implants market size is expected to see rapid growth in the next few years. It will grow to $8.31 billion in 2028 at a compound annual growth rate (CAGR) of 16.8%.

Download Free Sample Report @ https://www.thebusinessresearchcompany.com/sample.aspx?id=15671&type=smp

Demand For Minimally Invasive Procedures Fueling Growth In The Smart Implant Market
The growing demand for minimally invasive procedures is expected to propel the growth of the smart implant market going forward. Minimally invasive procedures are medical operations that cause the least disruption to the body's standard structure and function, resulting in less stress on surrounding tissues and faster recovery times. The demand for minimally invasive procedures is rising due to less pain and discomfort, minimal scarring, and a reduced risk of complications. The smart implants play a crucial role in advancing the field of minimally invasive surgery by providing real-time feedback, enhancing precision and accuracy, enabling remote control and adjustment, facilitating data integration and analysis, and supporting improved patient monitoring and recovery. These capabilities contribute to safer, more effective, and patient-centered minimally invasive procedures across various medical specialties. For instance, in August 2023, according to The Aesthetic Society, a US-based organization devoted entirely to aesthetic plastic surgery and cosmetic medicine, Americans spent over $11.8 billion on minimally invasive procedures (aesthetic procedures) in 2023, an increase of 2% from the previous year. Therefore, the growing demand for minimally invasive procedures is driving the growth of the smart implant market.

Advancements In Smart Knee Implants Transforming Post-Operative Recovery
Major companies operating in the smart implant market are focused on developing innovative products, such as smart knee implants, to improve post-operative recovery, reduce implant failure rates, and increase overall patient satisfaction. Smart knee implants are total knee replacement implants that use embedded sensor technology to offer real-time data and monitoring of the patient's rehabilitation and implant function following surgery. For instance, in August 2021, Zimmer Biomet Holdings, Inc., a US-based medical technology company, and Canary Medical, a Canada-based medical data company, launched Persona IQ, the world's first and only smart knee for total knee replacement surgery approved by the U.S. Food and Drug Administration (FDA), a federal agency of the Department of Health and Human Services. The Persona IQ smart knee implant introduces a groundbreaking method for physicians to track and support patients closely after total knee replacement surgery.

The smart implants market covered in this report is segmented -

1) By Type: Orthopedic Implants, Cardiovascular Implants, Dental Implants, Cosmetic Implants, Other Types
2) By Surgery: Open Surgery, Minimally Invasive Surgery
3) By Application: Knee And Hip Arthroplasty, Spine Fusion, Stents, Intraocular Lens, Pacing Devices
4) By End-User: Hospitals, Ambulatory Surgical Centers, Specialty Clinics, Other End-Users

Buy Now & Get Exclusive Discount on this Report, Checkout link @ https://www.thebusinessresearchcompany.com/Discount?id=15671&type=discount

Major companies operating in the smart implants market are Johnson & Johnson Services Inc., Abbott Laboratories , Medtronic plc, Stryker, Boston Scientific Corporation, Zimmer Biomet, Terumo Corporation, Smith & Nephew plc, Biotronik, Integra LifeSciences, Cochlear Ltd., CONMED Corporation, Globus Medical Inc., Penumbra Inc., Orthofix Medical Inc., Nevro Corp., Exactech Inc., IQ IMPLANTS USA, Senseonics, Canary Medical Inc., Aleva Neurotherapeutics SA, Intelligent Implants, Rejoint srl, DirectSync Surgical, Smart Implant Solutions

Contents of the report:
1. Executive Summary
2. Smart Implants Market Report Structure
3. Smart Implants Market Trends And Strategies
4. Smart Implants Market - Macro Economic Scenario
5. Smart Implants Market Size And Growth
…..
27. Smart Implants Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

Explore the report store to make a direct purchase of the report @ https://www.thebusinessresearchcompany.com/report/smart-implants-global-market-report

Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
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

Want To Know More 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 specialise in various industries including manufacturing, healthcare, financial services, chemicals, and technology.

Global Market Model - World's Most Comprehensive Database

The Business Research Company's flagship product, Global Market Model (www.thebusinessresearchcompany.com/global-market-model) is a market intelligence platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets which help its users assess supply-demand gaps

This release was published on openPR.