Implantable Medical Devices Market Forecasted to Grow from US$ 96.6 Billion, 2018 to US$ 143.3 Billion, 2024 - ResearchAndMarkets.com

DUBLIN--()--The "Implantable Medical Devices Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024" report has been added to ResearchAndMarkets.com's offering.

The global implantable medical devices market was worth US$ 96.6 Billion in 2018. Medical implants are devices that are used to replace or act as a fraction for a particular body part or for the whole biological structure. Every year thousands of people enhance the quality of their lives by going through surgical procedures that involve the fixing or removal of implantable medical devices. At present, implants are used for various parts of the body for different functions such as orthopedics, pacemakers, cardiovascular stents, defibrillators, neural prosthetics or drug delivery system. Implants are introduced either completely or partially via surgical or medical methods into the human body. The device can be implanted permanently or temporarily, depending upon the need and can be removed later on. There has been an increase in the number of age-related diseases with concurrent rise in the life-span of people. This has further increased the demand of various life prolonging medical aids such as new treatments, implants, prostheses, and long-term pharmaceutical usage. Implantable devices are made up of various types of materials such as tissues, metals, bones, plastics, skin, ceramics, etc.

Catalyzed by a strong growth of consumers' inclination towards body aesthetics and physical appearance, cosmetic surgeries are becoming increasingly common, driving the demand of implantable medical devices. Moreover, advancing technological innovations that enable an individual to enhance his/her beauty such as dental implants, pectoral implants, deltoid implants, thigh augmentation, breast implants, cochlear implants, etc. have further added to the rising demand of these devices. Additionally, rising occurrence of chronic diseases such as heart failures, arthritis, motor, sensory or cognitive modality, etc. that require various types of implants to sustain the life of a patient are also creating a positive impact on the growth of the market. Moreover, an increase in the geriatric population across both developed and developing regions has resulted in a rising prevalence of various chronic diseases which is further propelling the demand of these products. Looking forward, the market value is projected to reach US$ 143.3 Billion by 2024, exhibiting a CAGR of 6.8% during 2019-2024.

Key Topics Covered:

1 Preface

2 Scope and Methodology

2.1 Objectives of the Study

2.2 Stakeholders

2.3 Data Sources

2.3.1 Primary Sources

2.3.2 Secondary Sources

2.4 Market Estimation

2.4.1 Bottom-Up Approach

2.4.2 Top-Down Approach

2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

4.1 Overview

4.2 Key Industry Trends

5 Global Implantable Medical Devices Market

5.1 Market Overview

5.2 Market Performance

5.3 Market Breakup by Product

5.4 Market Breakup by Material

5.5 Market Breakup by End-User

5.6 Market Breakup by Region

5.7 Market Forecast

5.8 SWOT Analysis

5.8.1 Overview

5.8.2 Strengths

5.8.3 Weaknesses

5.8.4 Opportunities

5.8.5 Threats

5.9 Value Chain Analysis

5.9.1 Overview

5.9.2 Research and Development

5.9.3 Raw Material Procurement

5.9.4 Manufacturing

5.9.5 Marketing

5.9.6 Distribution

5.9.7 End-Use

5.10 Porters Five Forces Analysis

5.10.1 Overview

5.10.2 Bargaining Power of Buyers

5.10.3 Bargaining Power of Suppliers

5.10.4 Degree of Competition

5.10.5 Threat of New Entrants

5.10.6 Threat of Substitutes

5.11 Price Analysis

5.11.1 Key Price Indicators

5.11.2 Price Structure

5.11.3 Margin Analysis

6 Market Breakup by Product

6.1 Orthopedic Implants

6.1.1 Market Trends

6.1.2 Market Forecast

6.2 Dental Implants

6.3 Facial Implants

6.4 Breast Implants

6.5 Cardiovascular Implants

6.6 Others

7 Market Breakup by Material

7.1 Polymers

7.1.1 Market Trends

7.1.2 Market Forecast

7.2 Metals

7.3 Ceramics

7.4 Biologics

8 Market Breakup by End-User

8.1 Hospitals

8.1.1 Market Trends

8.1.2 Market Forecast

8.2 Ambulatory Surgery Centers (ASCs)

8.3 Clinics

9 Market Breakup by Region

9.1 North America

9.1.1 Market Trends

9.1.2 Market Forecast

9.2 Europe

9.3 Asia Pacific

9.4 Middle East and Africa

9.5 Latin America

10 Manufacturing Process

10.1 Product Overview

10.2 Raw Material Requirements

10.3 Manufacturing Process

10.4 Key Success and Risk Factors

11 Competitive Landscape

11.1 Market Structure

11.2 Key Players

11.3 Profiles of Key Players

11.3.1 Abbott Laboratories

11.3.2 Biotronik

11.3.3 Boston Scientific Corporation

11.3.4 C. R. Bard, Inc.

11.3.5 Cardinal Health, Inc.

11.3.6 Conmed Corporation

11.3.7 Globus Medical, Inc.

11.3.8 Integra Lifesciences Holdings Corporation

11.3.9 Johnson & Johnson

11.3.10 LivaNova PLC

11.3.11 Medtronic plc

11.3.12 Nuvasive, Inc.

11.3.13 Smith & Nephew Plc

11.3.14 St. Jude Medical, Inc.

11.3.15 Institut Straumann AG.

11.3.16 Stryker Corporation

11.3.17 Wright Medical Group N.V.

11.3.18 Zimmer Biomet Holdings, Inc.

For more information about this report visit https://www.researchandmarkets.com/r/rl1gyi

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Medical Devices

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Medical Devices