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Global Implantable Medical Devices Market Report and Forecast 2023-2031

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    Report

  • 140 Pages
  • May 2023
  • Region: Global
  • Expert Market Research
  • ID: 5797956
The global implantable medical device market value was USD 119.1 billion in 2022, driven by the advancements in implantable device technologies across the globe. The market size is anticipated to grow at a CAGR of 6.40% during the forecast period of 2023-2031 to achieve a value of USD 208.1 billion by 2031.

Implantable Medical Device: Introduction

Implantable medical devices are surgically placed inside the body to treat or manage various medical conditions. These devices include orthopaedic implants, cardiac implants, neurostimulators, cochlear implants, intraocular lenses, and contraceptive implants, among others. Implantable devices are designed to provide long-term therapeutic benefits, improve patients' quality of life, or replace or support the function of ailing organs. Recent advancements in the field have led to the development of innovative technologies such as bioresorbable stents, miniaturized neurostimulators, and 3D-printed implants, enhancing the safety and efficacy of these treatments.

Implantable Medical Device Market Scenario

The global implantable medical device market has witnessed significant growth in recent years, driven by factors such as the increasing prevalence of chronic diseases, the aging population, and advancements in implantable device technologies.

North America: The largest market for implantable medical devices, driven by factors such as advanced healthcare infrastructure, high prevalence of chronic diseases, and significant investments in research and development.

Europe: The second-largest market, with increasing demand for implantable devices due to a growing aging population, a supportive regulatory framework, and an expanding healthcare sector.

Asia-Pacific: Expected to witness the highest growth rate due to factors such as a rapidly growing population, increasing prevalence of chronic diseases, and growing investments in healthcare infrastructure and research.

Implantable Medical Device Market Segmentations

Market Breakup by Product

  • Orthopaedic Implants
  • Dental Implants
  • Cardiovascular Implants
  • Facial Implants
  • Breast Implants
  • Others

Market Breakup by Material

  • Polymers
  • Metals
  • Ceramics
  • Biologics

Market Breakup by End User

Hospitals

  • +500 Beds
  • 200 - 499 Beds
  • Less than 200 Beds
  • Ambulatory Surgical Centers (ASCs)
  • Clinics

Market Breakup by Region

North America

  • United States of America
  • Canada

Europe

  • United Kingdom
  • Germany
  • France
  • Italy
  • Others

Asia Pacific

  • China
  • Japan
  • India
  • ASEAN
  • Australia
  • Others

Latin America

  • Brazil
  • Argentina
  • Mexico
  • Others

Middle East and Africa

  • Saudi Arabia
  • United Arab Emirates
  • Nigeria
  • South Africa
  • Others

Key Trends in the Implantable Medical Device Market

Some key trends of the market are as follows:
  • Increasing prevalence of chronic diseases: The rising incidence of conditions such as cardiovascular diseases, neurological disorders, and orthopaedic issues has led to a growing demand for implantable medical devices, driving market growth
  • Aging population: The growing aging population worldwide has increased the risk of age-related diseases and disorders, further contributing to the demand for implantable devices
  • Advancements in implantable device technologies: The development of new and more effective implantable devices, such as bioresorbable stents, miniaturized neurostimulators, and 3D-printed implants, has improved the efficiency and safety of these treatments, further driving market growth

Implantable Medical Device Market: Competitor Landscape

The key features of the market report include patent analysis, grants analysis, clinical trials analysis, funding and investment analysis, partnerships, and collaborations analysis by the leading key players. The major companies in the implantable medical device market are as follows:
  • Abbott
  • Biotronik, Inc
  • Boston Scientific Corporation
  • Stryker
  • Medtronic
  • Danaher Corporation
  • Dentsply Sirona
  • Institut Straumann AG
  • Johnson & Johnson
  • Smith and Nephew
  • Terumo Corporation
  • Zimmer Biomet
Frequently Asked Questions about the Global Implantable Medical Devices Market

What is the estimated value of the Global Implantable Medical Devices Market?

The Global Implantable Medical Devices Market was estimated to be valued at $126.7 Billion in 2023.

What is the growth rate of the Global Implantable Medical Devices Market?

The growth rate of the Global Implantable Medical Devices Market is 6.4%, with an estimated value of $208.1 Billion by 2031.

What is the forecasted size of the Global Implantable Medical Devices Market?

The Global Implantable Medical Devices Market is estimated to be worth $208.1 Billion by 2031.

Who are the key companies in the Global Implantable Medical Devices Market?

Key companies in the Global Implantable Medical Devices Market include Abbott, Biotronik, Inc., Boston Scientific Corporation, Stryker, Medtronic, Danaher Corporation, Dentsply Sirona, Institut Straumann AG, Johnson & Johnson and Smith and Nephew.

Table of Contents

1 Preface
1.1 Objectives of the Study
1.2 Key Assumptions
1.3 Report Coverage - Key Segmentation and Scope
1.4 Research Methodology
2 Executive Summary
3 Global Implantable Medical Device Market Overview
3.1 Global Implantable Medical Device Market Historical Value (2016-2022)
3.2 Global Implantable Medical Device Market Forecast Value (2023-2031)
4 Global Implantable Medical Device Market Landscape
4.1 Global Implantable Medical Device Developers Landscape
4.1.1 Analysis by Year of Establishment
4.1.2 Analysis by Company Size
4.1.3 Analysis by Region
4.2 Global Implantable Medical Device Product Landscape
4.2.1 Analysis by Product Type
4.2.2 Analysis by Applications
4.2.3 Analysis by End User
5 Global Implantable Medical Device Market Dynamics
5.1 Market Drivers and Constraints
5.2 SWOT Analysis
5.3 Porter’s Five Forces Model
5.4 Key Demand Indicators
5.5 Key Price Indicators
5.6 Industry Events, Initiatives, and Trends
5.7 Value Chain Analysis
6 Global Implantable Medical Device Market Segmentation
6.1 Global Implantable Medical Device Market by Product
6.1.1 Market Overview
6.1.2 Orthopaedic Implants
6.1.3 Dental Implants
6.1.4 Cardiovascular Implants
6.1.5 Facial Implants
6.1.6 Breast Implants
6.1.7 Others
6.2 Global Implantable Medical Device Market by Material
6.2.1 Market Overview
6.2.2 Polymers
6.2.3 Metals
6.2.4 Ceramics
6.2.5 Biologics
6.3 Global Implantable Medical Device Market by End User
6.3.1 Market Overview
6.3.2 Hospitals
6.3.2.1 +500 Beds
6.3.2.2 200 - 499 Beds
6.3.2.3 Less than 200 Beds
6.3.3 Ambulatory Surgical Centers (ASCs)
6.3.4 Clinics
6.4 Global Implantable Medical Device Market by Region
6.4.1 Market Overview
6.4.2 North America
6.4.3 Europe
6.4.4 Asia Pacific
6.4.5 Latin America
6.4.6 Middle East and Africa
7 North America Implantable Medical Device Market
7.1 Market Share by Country
7.2 United States of America
7.3 Canada
8 Europe Implantable Medical Device Market
8.1 Market Share by Country
8.2 United Kingdom
8.3 Germany
8.4 France
8.5 Italy
8.6 Others
9 Asia Pacific Implantable Medical Device Market
9.1 Market Share by Country
9.2 China
9.3 Japan
9.4 India
9.5 ASEAN
9.6 Australia
9.7 Others
10 Latin America Implantable Medical Device Market
10.1 Market Share by Country
10.2 Brazil
10.3 Argentina
10.4 Mexico
10.5 Others
11 Middle East and Africa Implantable Medical Device Market
11.1 Market Share by Country
11.2 Saudi Arabia
11.3 United Arab Emirates
11.4 Nigeria
11.5 South Africa
11.6 Others
12 Patent Analysis
12.1 Analysis by Type of Patent
12.2 Analysis by Publication year
12.3 Analysis by Issuing Authority
12.4 Analysis by Patent Age
12.5 Analysis by CPC Analysis
12.6 Analysis by Patent Valuation
12.7 Analysis by Key Players
13 Grants Analysis
13.1 Analysis by year
13.2 Analysis by Amount Awarded
13.3 Analysis by Issuing Authority
13.4 Analysis by Grant Application
13.5 Analysis by Funding Institute
13.6 Analysis by NIH Departments
13.7 Analysis by Recipient Organization
14 Funding Analysis
14.1 Analysis by Funding Instances
14.2 Analysis by Type of Funding
14.3 Analysis by Funding Amount
14.4 Analysis by Leading Players
14.5 Analysis by Leading Investors
14.6 Analysis by Geography
15 Partnership and Collaborations Analysis
15.1 Analysis by Partnership Instances
15.2 Analysis by Type of Partnership
15.3 Analysis by Leading Players
15.4 Analysis by Geography
16 Regulatory Framework
16.1 Regulatory Overview
16.1.1 US FDA
16.1.2 EU EMA
16.1.3 INDIA CDSCO
16.1.4 JAPAN PMDA
16.1.5 Others
17 Supplier Landscape
17.1 Abbott
17.1.1 Financial Analysis
17.1.2 Product Portfolio
17.1.3 Demographic Reach and Achievements
17.1.4 Mergers and Acquisitions
17.1.5 Certifications
17.2 Biotronik, Inc.
17.2.1 Financial Analysis
17.2.2 Product Portfolio
17.2.3 Demographic Reach and Achievements
17.2.4 Mergers and Acquisitions
17.2.5 Certifications
17.3 Boston Scientific Corporation
17.3.1 Financial Analysis
17.3.2 Product Portfolio
17.3.3 Demographic Reach and Achievements
17.3.4 Mergers and Acquisitions
17.3.5 Certifications
17.4 Stryker
17.4.1 Financial Analysis
17.4.2 Product Portfolio
17.4.3 Demographic Reach and Achievements
17.4.4 Mergers and Acquisitions
17.4.5 Certifications
17.5 Medtronic
17.5.1 Financial Analysis
17.5.2 Product Portfolio
17.5.3 Demographic Reach and Achievements
17.5.4 Mergers and Acquisitions
17.5.5 Certifications
17.6 Danaher Corporation
17.6.1 Financial Analysis
17.6.2 Product Portfolio
17.6.3 Demographic Reach and Achievements
17.6.4 Mergers and Acquisitions
17.6.5 Certifications
17.7 Dentsply Sirona
17.7.1 Financial Analysis
17.7.2 Product Portfolio
17.7.3 Demographic Reach and Achievements
17.7.4 Mergers and Acquisitions
17.7.5 Certifications
17.8 Institut Straumann AG
17.8.1 Financial Analysis
17.8.2 Product Portfolio
17.8.3 Demographic Reach and Achievements
17.8.4 Mergers and Acquisitions
17.8.5 Certifications
17.9 Johnson & Johnson
17.9.1 Financial Analysis
17.9.2 Product Portfolio
17.9.3 Demographic Reach and Achievements
17.9.4 Mergers and Acquisitions
17.9.5 Certifications
17.10 Smith and Nephew
17.10.1 Financial Analysis
17.10.2 Product Portfolio
17.10.3 Demographic Reach and Achievements
17.10.4 Mergers and Acquisitions
17.10.5 Certifications
17.11 Terumo Corporation
17.11.1 Financial Analysis
17.11.2 Product Portfolio
17.11.3 Demographic Reach and Achievements
17.11.4 Mergers and Acquisitions
17.11.5 Certifications
17.12 Zimmer Biomet
17.12.1 Financial Analysis
17.12.2 Product Portfolio
17.12.3 Demographic Reach and Achievements
17.12.4 Mergers and Acquisitions
17.12.5 Certifications
18 Global Implantable Medical Device Market- Distribution Model (Additional Insight)
18.1 Overview
18.2 Potential Distributors
18.3 Key Parameters for Distribution Partner Assessment
19 Key Opinion Leaders (KOL) Insights (Additional Insight)
20 Company Competitiveness Analysis (Additional Insight)
20.1 Very Small Companies
20.2 Small Companies
20.3 Mid-Sized Companies
20.4 Large Companies
20.5 Very Large Companies
21 Payment Methods (Additional Insight)
21.1 Government Funded
21.2 Private Insurance
21.3 Out-of-Pocket

Companies Mentioned

  • Abbott
  • Biotronik, Inc.
  • Boston Scientific Corporation
  • Stryker
  • Medtronic
  • Danaher Corporation
  • Dentsply Sirona
  • Institut Straumann AG
  • Johnson & Johnson
  • Smith and Nephew
  • Terumo Corporation
  • Zimmer Biomet

Methodology

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