Medical Implants Market Analysis From 2019 To 2023 is new study on Global Medical Implants Market Size, Share, Growth, Key Companies, And Regional Forecast To 2023. Medical Implants Market Analyzed by types, (orthopedic implants, cardiac implants, spinal implants), type of material (metallic material, ceramic material, polymers), end users (hospitals & clinics, research laboratories).
Key Companies Analyzed in Report:
Medtronic (Ireland), Boston Scientific Corporation (U.S.), Smith & Nephew (U.K), Institut Straumann AG (Switzerland), Johnson & Johnson Services, Inc. (U.S.), 3M (U.S.), Zimmer Biomet Holdings, Inc. (U.S.), Stryker Corporation (U.S.), and Dentsply Sirona (U.S.).
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Medical Implants Market to Gain Boost from Advanced Technologies. Better Health Insurance Policies to Ensure Medical Implants Market Growth. Strategic Moves of Companies to Inspire Medical Implants Market Rise
Medical implants are devices that often get inserted inside the body to replace malfunctioning organs or limbs, or to boost their working conditions. The global medical implants market is witnessing a surge in the demand for such devices and expected to enjoy impressive CAGR during the forecast period (2014-2023). Market Research Future (MRFR) claims in their report on the market that the probability of this market growing is quite high.
Several factors are playing pivotal roles in taking the medical implants market to the next level. These are hike in disposable income, better medical facilities, improvement in technologies, growing number of cases with damaged limbs or organs caused by accidents, and others. However, high cost of these devices can restrain the global market for some time.
MRFR’s analysis of the global medical implants market has a segmentation based on types, type of material, and end-user. This segmentation is backed up by volume-wise and value-wise data analysis.
Based on types, the medical implant market is segmented into cardiac implants, orthopedic implants, cosmetic implants, spinal implants, ophthalmic implants, dental implants, and others. Influence of the entertainment industry is boosting the intake of cosmetic implants.
Based on the type of material, the medical implant market comprises metallic material, ceramic material, polymers material, and others. The ceramic materials are gaining popularity.
Based on end-users, the medical implant market consists hospitals & clinics, research laboratories, and others. The hospitals & clinics segment is witnessing substantial market growth.
Region-specific analysis of the global medical implants market integrates namely, the Americas, Europe, Asia Pacific (APAC), and the Middle East & Africa (MEA). MRFR report aims at uncovering growth pockets for an extensive overview of the market.
The Americas has the domination over the global market. It can be attributed to the introduction of latest technologies, high infrastructural growth, Massive expenditure capacity, and others. The region can be segmented into North & South America. North America leads the regional market owing to the presence of the US. The country is doing substantially good in research and technology to improve implants. Major companies are also based out of this region. In South America, Argentina and Brazil are doing well.
Europe has the second most important market. The thriving regional market relies mostly on the outcomes of the UK, France, and Germany. Their improved medical budgets are providing ample opportunity for the sector-wise growth. Among these countries, France is spending much to enhance technical provisions to better the market scenario.
The APAC market is witnessing the benefits of having several emerging economies. These countries are revamping their existing healthcare models. At the same time, presence of countries like India and China with massive population and increasing per capita income, the regional market’s growth is expected to be much easier.
The Middle East & Africa is going to lag a bit with the least amount of market share. This is mainly because of the presence of poor economies in the African region. However, improving medical facilities in the Middle East, in countries like Qatar, Saudi Arabia, Dubai, and others, revenue generation is expected to grow.
Several companies are showing intense interest in the global medical implants market. They have realized the growth possibility and are eager in implementing strategic moves to improve their market stance and take the market forward. MRFR, in their report, analyzed a few and recorded their latest moves to get a grasp on trends that might shape the market in the coming days.
In June 2019, researchers from the Houston Methodist Hospital developed medical implants with a Bluetooth inside. The implant would use a nanochannel delivery system (nDS) as well. Using these two components timely delivery of drugs can be ensured.
List of Tables:
TABLE 1 PRIMARY INTERVIEWS 20
TABLE 2 GLOBAL MEDICAL IMPLANT MARKET FOR ORTHOPEDIC, BY REGION, 2014-2023 (USD MILLION) 37
TABLE 3 GLOBAL MEDICAL IMPLANT MARKET FOR CARDIAC IMPLANT, BY REGION, 2014-2023 (USD MILLION) 38
TABLE 4 GLOBAL MEDICAL IMPLANT MARKET FOR SPINAL, BY REGION, 2014-2023 (USD MILLION) 39
TABLE 5 GLOBAL MEDICAL IMPLANT MARKET FOR DENTAL, BY REGION, 2014-2023 (USD MILLION) 40
TABLE 6 GLOBAL MEDICAL IMPLANT MARKET FOR OPHTHALMIC, BY REGION, 2014-2023 (USD MILLION) 41
TABLE 7 GLOBAL MEDICAL IMPLANT MARKET FOR COSMETIC, BY REGION, 2014-2023 (USD MILLION) 42
TABLE 8 GLOBAL MEDICAL IMPLANT MARKET FOR OTHERS, BY REGION, 2014-2023 (USD MILLION) 42
TABLE 9 GLOBAL MEDICAL IMPLANT MARKET FOR METALLIC, BY REGION, 2014-2023 (USD MILLION) 44
TABLE 10 GLOBAL MEDICAL IMPLANT MARKET FOR CERAMIC, BY REGION, 2014-2023 (USD MILLION) 44
TABLE 11 GLOBAL MEDICAL IMPLANT MARKET FOR POLYMERS, BY REGION, 2014-2023 (USD MILLION) 45
TABLE 12 GLOBAL MEDICAL IMPLANT MARKET FOR OTHERS, BY REGION, 2014-2023 (USD MILLION) 45
TABLE 13 GLOBAL MEDICAL IMPLANT MARKET FOR HOSPITALS & CLINICS, BY REGION, 2014-2023 (USD MILLION) 47
TABLE 14 GLOBAL MEDICAL IMPLANT MARKET FOR RESEARCH LABORATORIES, BY REGION, 2014-2023 (USD MILLION) 48
TABLE 15 GLOBAL MEDICAL IMPLANT MARKET FOR OTHERS, BY REGION, 2014-2023 (USD MILLION) 48
TABLE 16 AMERICAS MEDICAL IMPLANT MARKET, BY REGION, 2014-2023 (USD MILLION) 50
List of Figures:
FIGURE 1 GLOBAL MEDICAL IMPLANTS MARKET, BY TYPES, 2016 (%)
FIGURE 2 GLOBAL MEDICAL IMPLANTS MARKET, BY TYPE OF MATERIAL, 2016 (%)
FIGURE 3 GLOBAL MEDICAL IMPLANTS MARKET, BY END USER, 2016 (%)
FIGURE 4 GLOBAL MEDICAL IMPLANTS MARKET, BY REGION, 2016 (%)
FIGURE 5 MARKET STRUCTURE OF GLOBAL MEDICAL IMPLANTS MARKET
FIGURE 6 RESEARCH METHODOLOGY
FIGURE 7 GLOBAL MEDICAL IMPLANTS MARKET: FORECAST MODEL
FIGURE 8 GLOBAL MEDICAL IMPLANT MARKET, BY TYPE, 2016 & 2023 (%)
FIGURE 9 GLOBAL MEDICAL IMPLANT MARKET, BY END USER, 2016 & 2023 (%)
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