According to the latest report by IMARC Group, titled “Implantable Medical Devices Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” the 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.
Implantable medical devices represent specialized tissues, metals, ceramics, bones, etc., that are used for replacing particular body parts or the whole biological structure. They are of several types, such as orthopedic implants, facial implants, cardiovascular implants, dental implants, etc. These implantable medical devices can be introduced into the body either permanently or temporarily. They are intended to replace missing body parts or support damaged tissues of organs. Some implantable medical devices are even used for drug delivery. Consequently, they find extensive applications in healthcare establishments across the globe.
Request to Get the Sample Report: https://www.imarcgroup.com/implantable-medical-devices-market/requestsample
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.
Global Implantable Medical Devices Market Trends:
The shifting consumer preference toward body aesthetics and physical appearance-enhancing cosmetic surgeries are primarily driving the implantable medical devices market. In line with this, the rising demand for cochlear implants, dental implants, pectoral implants, thigh augmentation implants, and others that allow individuals to improve their looks is acting as another significant growth-inducing factor. In addition to this, the increasing occurrences of numerous chronic diseases, including arthritis, heart failures, and motor, sensory, or cognitive modalities that need various types of implants for sustaining the life of a patient are also positively influencing the market growth. Apart from this, the emerging trend of cosmetic and medical tourism across countries, the launch of 3D-printing technology, and the introduction of smart implants that facilitate remote monitoring of patients are further stimulating the global market. Moreover, the inflating investments in healthcare infrastructural development activities and the elevating utilization of biomaterials for manufacturing implants are expected to bolster the implantable medical devices market over the forecasted period.
Implantable Medical Devices Market 2022-2027 Competitive Analysis and Segmentation:
Competitive Landscape With Key Players:
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.
Some of these key players include:
Boston Scientific Corporation
C. R. Bard
Globus Medical, Inc.
Integra Lifesciences Holdings Corporation
Johnson & Johnson
Smith & Nephew Plc
St. Jude Medical
Institut Straumann AG.
Wright Medical Group N.V.
Zimmer Biomet Holdings
Key Market Segmentation:
The report has segmented the global implantable medical devices market on the basis of product type, material, end-user and region.
Breakup by Product Type:
Breakup by Material:
Breakup by End-User:
Ambulatory Surgery Centers (ASCs)
Breakup by Region:
Middle East and Africa
Explore Report Description with TOC & List of Figure: https://www.imarcgroup.com/request?type=report&id=1123&flag=A
Key Highlights of the Report:
Market Performance (2016-2021)
Market Outlook (2022-2027)
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.
Browse Other Related:
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.
Company Name: IMARC Group
Contact Person: Elena Anderson
Email: Send Email
Address:134 N 4th St.
Country: United States