This report covers major aspects of the U.S. implantable medical devices market. It covers the performance of the major types of implantable devices in terms of their revenue, and the market is classified according to the number of procedures performed. The overall implantable medical devices market is classified as orthopedic implants, cardiovascular implants and other (dental, intraocular lens and breast) implants market. The report also provides extensive analysis of the sub-segments of the market considering 2011 as the base year for market size calculations and forecast from 2012 to 2018.
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Demographic factors such as the changing standard of living, increasing incidence of chronic degenerative diseases and high proportion of aging population are the major factors which influence the rising development of implantable medical devices in the U.S. Some of the implantable devices segments show huge market potential whereas a few segments show steady market growth. For instance, preference for reconstructive joint replacement is highly influenced by factors such as aging population, rise in incidence of orthopedic diseases such as osteoarthritis and trauma to the joints.
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Implantable devices are implanted primarily in patients belonging to the older age group. On the other hand, the young female population prefers breast augmentation procedures. Cosmetic implantation procedures represent one of the most lucrative markets in the overall implantation devices market in the U.S. The major reason behind such high demand for such procedures is the lifestyle and the standard of living of the young population in the U.S.
Hypertension is highly prevalent in the U.S. Uncontrolled hypertension may result in occurrence of complications such as stroke, heart failure and others. Deteriorating condition of the heart demands surgical assistance in which implants such as stents and defibrillators play a very vital role.
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Segments such as dental implants also are in huge demand. Tooth replacement, permanent denture implantation, smile reconstruction and mending cavities are very common dental procedures currently prevalent in the U.S. The volume of such implants is generally very high. Also, awareness about oral health and hygiene is high in the American population thus triggering the growth in the demand for dental implants in the U.S.
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