Tuesday 26 February 2019

Medical Implant Market Research 2019- Opportunities and Growing Demand 2024


26 February, 2019: Medical Implant Market Research Report Provides In-Depth Analysis by Scope, Growth Rate, Driving Factors, Competitive Situation, Top Manufacturers and Upcoming Trends. Medical Implant Market report split global into several key Regions which mainly includes Market Overview, Table of Content, List of Figures and Applications. Medical Implant Market Growing at Higher CAGR Rate in 2019-2024.


The global medical implant market is subject to witness a substantial growth due to the increasing prevalence of disorders like epilepsy, cardiac disorders, and Parkinson’s disease. Factors driving the growth of medical implants market include growing geriatric population, rising approval rate for the use of latest advanced electronic devices in healthcare sector, and advent of advanced technologies for healthcare.


Prevalence of cardiac diseases is considered as one of the prominent factors responsible for high-end demand for medical implants. Globally, the medical implant market is estimated to grow at a substantial CAGR in the forecast period, providing numerous opportunities for market players to invest in research and development in the medical implants market.

Cardiovascular diseases (CVDs) and coronary heart disease are considered as one of the common causes of death across the globe, thereby augmenting market demand for medical implants, in the recent years. Additionally, recent technological advancement and development of enhanced medical implants to treat various diseases is expected to drive the market growth in forecast period.
Shifting trend towards adoption of implantable medical devices for treatment of a wide range of health conditions is anticipated to fuel market expansion in near future. Growing preference towards to adoption of implantable medical devices by healthcare professional, doctors and physicians for diagnosis purposes is anticipated to foster market growth further.


The neuro-stimulation is considered as one of the fastest growing segment in the medical implant market with substantial revenue generation in the last couple of years. Growing popularity of the neuro-stimulation marker segment is attributed to the factors such as increasing patient awareness, recent technological advancements, growing neurological disorders, ever-increasing geriatric population, cost-effectiveness, and growing FDA approvals for clinical trials. Additionally, production of enhanced implantable neuro stimulation devices, and improved clinical outcomes is expected to drive growth of neuro-stimulation market segment over the forecast period as well.

Asia-Pacific’s market is predicted to hold higher share with massive growth in forecast period. Countries such as India, China and Japan are leading the Asia-Pacific market with increase in the number of healthcare facilities and significant investment by leading industry players considering potential growth opportunities in the region. The key players in the microelectronic medical implant market are Zimmer Biomet Holdings Inc., Cochlear Co., Medtronic plc, Abbott Laboratories Ltd., Boston Scientific Co., and Philips N.V.

Get in touch
At Million Insights, we work with the aim to reach the highest levels of customer satisfaction. Our representatives strive to understand diverse client requirements and cater to the same with the most innovative and functional solutions.

Contact Person:
Ryan Manuel
Research Support Specialist, USA

Million Insights
Office No. 302, 3rd Floor, Manikchand Galleria,
Model Colony, Shivaji Nagar, Pune, MH, 411016 India
tel: 91-20-65300184

No comments:

Post a Comment