DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Active Implantable Medical Devices Market - Global Forecast to 2022" report to their offering.
The active implantable medical devices market is estimated to grow at a CAGR of 7.8% from 2017 to 2022, to reach USD 26.75 billion by 2022 from USD 18.42 billion in 2017.
The growth of this market is mainly attributed to the rising aging population, increasing prevalence of cardiovascular and neurological diseases, investments and funds to develop technologically advanced products, expanded applications of neurostimulators, and favorable reimbursement scenario for ENT procedures in developed countries. However, unfavorable healthcare reforms in the U.S., issues related to the use of implantable medical devices, and the high cost of cardiac and neurostimulators implantable devices may hinder the growth of this market to a certain extent during the forecast period. Growth opportunities in the emerging markets and the development of subcutaneous implantable cardioverter defibrillators offer significant growth opportunities in this market.
In this report, the active implantable medical devices market is segmented on the basis of product and region. On the basis of product, the market is segmented into implantable cardioverter defibrillators, implantable cardiac pacemakers, implantable heart monitors/insertable loop recorders, ventricular assist devices, neurostimulators, and implantable hearing devices. The Implantable hearing devices segment is expected to grow at the highest CAGR during the forecast period. The growth of this segment is primarily attributed to the increasing prevalence of hearing loss across the globe and growing ENT procedures due to favorable reimbursement policies in the developed countries.
- Abbott Laboratories
- Biotronik Se & Co., Kg
- Boston Scientific Corporation
- Cochlear Limited
- Livanova PLC
- Medtronic PLC
- Nurotron Biotechnology Co. Ltd.
- Sonova Holding AG
- William Demant Holding A/S
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Insights
7 Global Active Implantable Medical Devices Market, By Product
8 Global Active Implantable Medical Devices Market, By Region
10 Company Profiles
For more information about this report visit http://www.researchandmarkets.com/research/9vl8b9/active.