Artificial Implants Market 2019-2025
New Study Report “Artificial Implants Market 2019 Global Market Opportunities, Challenges, Strategies and Forecasts 2025” Added on Wiseguyreports.com.
Introduction/Market Overview:
Global Artificial Implants Market Professional Survey Report 2019
Artificial implants represent a class of human-made solutions that either enhance the current abilities of a person or remove unwanted irregularities in a person. Artificial implants consider a range of solutions that fit well according to the body shapes. The solutions are tailored according to the needs of an individual. The industry hit a significant figure in the year 2018 and is expected to proliferate further in the next few years. By the year 2022, the industry is expected to cross a significant milestone.
When it comes to artificial implants, there is a range of solutions that affect the growth prospects of the industry. The improvement in technologies, coupled with the emergence of 3D printing, has helped the practitioner design solutions in no time. On the other hand, crucial part instruments like pacemakers have seen a massive technological up-gradation in recent years. On the other hand, affordable solutions and the boost from the government has helped the industry grow by leap and bound.
However, despite the promises, the industry is met with skeptic’s eyes. The lack of awareness, along with the costly implants, has been a limiting factor for individuals in the Tier-2 and Tier-3 cities. On the other hand, the lack of qualified professionals has become a significant issue for companies all across the globe. Despite the challenges, the analysts remain positive about the growth prospects of the industry. The artificial implants industry has been rapidly evolving with some significant signs of growth in the near future.
Important key Players Analysis: Abiomed (USA), Advanced Bionics Corporation (USA), Bicon(USA), Biomet 3i (USA), Biotronik(Germany), Boston Scientific Corporation (USA), Cochlear Limited (Australia), Dentsply Sirona (USA), DePuy Synthes Companies (USA), Nobel Biocare Services AG (Sweden), RTI Surgical (USA), Showa Ika Kohgyo (Japan), Smith & Nephew Plc (UK), Sonova Holding AG (Switzerland), St. Jude Medical (USA), Stryker Corporation (USA), Terumo Corporation (Japan), TTK Healthcare(India), Wright Medical Group(Netherlands), Zimmer Biomet Holdings (USA) and more.
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Segmentation
The artificial implants industry can be segmented under several categories, with each category playing a significant role in the growth of the sector. The industry can be divided based on several segments, with each part playing a central role. These segments combined to ensure a clear picture of the industry and help one to have an unbiased opinion about the industry. However, the industry is segmented into two chief categories, namely, type and application. Based on type, the industry can be segmented into orthopedic implants, cochlear implants, dental implants, and cardiac implants. On the other hand, based on the application, the industry can be segmented into hospitals and clinical research institutions.
Regional Segmentation
The artificial implant has a global outlook, with several factors playing a global role. The sector has a leading role in the United States owing to the rise in disposable income in the region. The same applies to Europe, while the Asia Pacific region shows some promising sign of growth. India, coupled with China, leads the race in the area. A large number of artificial implants manufacturing companies in the region has helped the industry proliferate in the region.
Key Stakeholders
Artificial Implants Manufacturers
Artificial Implants Distributors/Traders/Wholesalers
Artificial Implants Subcomponent Manufacturers
Industry Association
Downstream Vendors
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Industry News
In a latest news, a team of researchers have come up with 3D printing bionic artificial implants. The application was developed by researchers at University of Birmingham and uses a new technique called SLAM. The technique will help in the development of bionic limbs which earlier lost their shape within few months.
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