Active Implantable Medical Devices Market to Showcase Vigorous Demand during the Period until 2025

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Active Implantable Medical Devices Market to Showcase Vigorous Demand during the Period until 2025

Active Implantable Medical Devices (AIMD) is an active medical device intended to be introduced into the human body, either completely or partially, or through any medical intervention surgically or medically into a natural orifice and is intended to remain after the completion of the procedure. Some of the AIMD devices include implantable cardiac pacemakers, implantable defibrillators and cochlear implants.

Demand Scenario

The global active implantable medical devices market was USD 20.62 billion in 2018 and is estimated to reach USD 33.02 billion by 2025 at a CAGR of 6.96% during the forecast period.

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Growth by Region

North America holds the largest market share with a share of more than 33% in 2018 owing to the technological advancements in developing new active implantable devices. Europe, on the other hand, stands at the second spot with a share of 28.4% due to frequent product launches and is expected to remain the same during the forecast period. However, Asia-Pacific region is anticipated to remain as the most promising growth opportunities to market players in the mere future due to the steady rise in Asian economies like countries such as China, India and South Korea and also due to the rise in investments by AIMD manufacturers.

Drivers vs Constraints

The market is mainly driven by growing ageing population; rising prevalence of cardiovascular and neurological devices, huge investments and funds in order to develop technologically advanced products as well as favorable reimbursement scenario for ENT procedures especially in developed countries are driving the growth of the market. However, the global active implantable medical devices market is curbed by regulatory hurdles in developed countries such as the U.S., rising of other emerging markets as well as a shortage of skilled professionals globally are expected to restrain the growth of AIMD market globally.

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Industry Trends and Updates

Boston Scientific Corporation has announced investment and acquisition option agreement with Millipede, Inc. and has purchased a portion of its outstanding shares for a total consideration of USD 90 million for the treatment of severe mitral regurgitation (MR) with the help of IRIS Transcatheter Annuloplasty Ring System developed by the company.

MED-EL USA has announced that U.S Food and Drug Administration has granted the company with the clearance for its new Bonebridge bone conduction hearing implant system and is widely considered as a breakthrough in bone conduction technology.

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Active Implantable Medical Devices Market Forecast: Projections and Trends

Roger 2023-12-15

Advances in digital electronics have enabled remote monitoring of active implantable devices. The global Active Implantable Medical Devices Market is estimated to be valued at US$ 26. Porter's AnalysisThreat of new entrants: The active implantable medical devices market requires large investments for R&D and manufacturing facilities, thereby posing high entry barriers. Key TakeawaysThe global active implantable medical devices market is expected to witness high growth over the forecast period supported by continuous technological advancements. Key players operating in the active implantable medical devices market are Medtronic PLC, Abbott Laboratories, Boston Scientific Corporation, BIOTRONIK SE & Co.

Active Implantable Medical Devices Market Size, Growth Analysis, Growth Demand, Forecast To 2033

harishtbrc 2024-03-01

Learn More On The Active Implantable Medical Devices Market:https://www. The active implantable medical devices market size is expected to see strong growth in the next few years. The rise in the geriatric population has favored the demand for active implantable medical devices. Product innovations have emerged as a key trend gaining popularity in the active implantable medical devices market. Global Active Implantable Medical Devices Market Size and Growth….

Active Implantable Medical Devices Market Is Estimated To Witness High Growth Owing To Increasing Prevalence of Chronic Diseases

Pooja salve 2023-09-26

The global Active Implantable Medical Devices Market is estimated to be valued at US$16,721. The increasing prevalence of chronic diseases, growing geriatric population, and advancements in healthcare technology are driving the demand for active implantable medical devices. Therefore, the demand for active implantable medical devices is expected to grow significantly in the coming years. PEST Analysis: Political: The political factors affecting the active implantable medical devices market include government regulations and policies related to healthcare and medical devices. The prevalence of chronic diseases such as cardiovascular disorders and obesity also drives the demand for active implantable medical devices.

Active Implantable Medical Devices Market Insights, Forecast to 2025

vihag thakur 2019-07-15

The global Active Implantable Medical Devices market is valued at million US$ in 2018 and will reach million US$ by the end of 2025, growing at a CAGR of during 2019-2025.

The objectives of this study are to define, segment, and project the size of the Active Implantable Medical Devices market based on company, product type, end user and key regions.This report studies the global market size of Active Implantable Medical Devices in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Active Implantable Medical Devices in these regions.Key questions addressed by the reportWhere will all these developments take Active Implantable Medical Devicesin the mid- to long-term?What are the upcoming technological trends in the Active Implantable Medical Devicesmarket?What are the opportunities for various players that exist at present and those that are planning to enter at different stages of the value chain?How growth strategies implemented by key players will impact the growth rate of the Active Implantable Medical Devicesmarket, and who will have the undue advantage?What are the current adoption trends of the Active Implantable Medical Devicesmarket?Report Sample includes:- Table of Contents- List of Tables & Figures- Charts- Research MethodologyGet FREE Sample of this Report at https://www.24marketreports.com/report-sample/global-active-implantable-medical-devices-2025-64This research report categorizes the global Active Implantable Medical Devices market by top players/brands, region, type and end user.

This report also studies the global Active Implantable Medical Devices market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors.The following manufacturers are covered in this report, with sales, revenue, market share for each company:MedtronicAbbott LaboratoriesBoston Scientific CorporationBIOTRONIKLivaNovaTo know more manufacturersMarket size by ProductImplantable Cardioverter DefibrillatorsVentricular Assist DevicesImplantable Heart Monitors/Insertable Loop RecordersNeurostimulatorsImplantable Hearing DevicesMarket size by End UserBradycardiaTachycardiaHeart FailureOtherMarket size by RegionNorth AmericaUnited StatesCanadaMexicoAsia-PacificChinaIndiaJapanSouth KoreaAustraliaIndonesiaSingaporeMalaysiaPhilippinesThailandVietnamEuropeGermanyFranceUKItalySpainRussiaCentral & South AmericaBrazilRest of Central & South AmericaMiddle East & AfricaGCC CountriesTurkeyEgyptSouth AfricaThe study objectives of this report are:To study and analyze the global Active Implantable Medical Devices market size (value & volume) by company, key regions, products and end user, breakdown data from 2014 to 2018, and forecast to 2025.To understand the structure of Active Implantable Medical Devices market by identifying its various subsegments.To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).Focuses on the key global Active Implantable Medical Devices companies, to define, describe and analyze the sales volume, value, market share, market competition landscape and recent development.To project the value and sales volume of Active Implantable Medical Devices submarkets, with respect to key regions.To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.In this study, the years considered to estimate the market size of Active Implantable Medical Devices are as follows:History Year: 2014-2018Base Year: 2018Estimated Year: 2019Forecast Year 2019 to 2025This report includes the estimation of market size for value (million US$) and volume (Units).

Both top-down and bottom-up approaches have been used to estimate and validate the market size of Active Implantable Medical Devices market, to estimate the size of various other dependent submarkets in the overall market.

Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research.

All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.For the data information by region, company, type and application, 2018 is considered as the base year.

Active Implantable Medical Devices Market Key Players, Share, Trend, Segmentation, and Forecast

robert henric 2019-08-19

According to the new market research report "Active Implantable Medical Devices Market by Product (Implantable Cardioverter Defibrillators (Transvenous & Subcutaneous), Cardiac Pacemaker, Ventricular Assist Device, Neurostimulator, Implantable Hearing Devices) - Global Forecast", published by MarketsandMarkets™, the active implantable medical devices market witnessed healthy growth during the last decade and is expected to grow at a CAGR of 7.8%, to reach USD 26.75 Billion.Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=102063992Growth in this market can be attributed to factors such as growth in 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.The global active implantable medical devices market is segmented based on product and region.

Based on 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.

Based on region, the active implantable medical devices market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa.Browse and in-depth TOC on "Active Implantable Medical Devices Market" 151 - Tables34 - Figures 204 – PagesThe implantable cardioverter defibrillators segment accounted for the largest share of the global active implantable medical devices market.

However, the implantable hearing devices segment is expected to witness the highest growth in the next five years.

The growth of the implantable hearing devices is mainly attributed to the increasing prevalence of hearing loss across the globe and growing ENT procedures due to favorable reimbursement policies in the developed countries.North America is the largest regional segment for the active implantable medical devices market.

The large share of this regional segment can be attributed to the growth in geriatric population, increasing prevalence of cardiovascular and neurological diseases, high accessibility to advanced technologies, increasing development of innovative and technologically advanced products, and increasing healthcare expenditure in the region.

Active Implantable Medical Devices Market -Company Profiling with Detailed Strategies, Financials, And Recent Developments

Pramod Kumar 2018-08-31

Active implantable medical devices market size is set to reach $28.8 billion by 2023, growing at a CAGR of 8.0% between 2017-2023.

Technological advancements, increasing prevalence of cardiovascular diseases, increasing healthcare expenditures and rising research and development activities are the major factors driving the growth of the market.The R investments for the development of novel and innovative active implantable medical devices are increasing due to increased demand for effective implantable medical devices.

Moreover, the currently available devices require surgical implantation and replacement surgeries after every few years.

The technologically advanced implantable medical devices facilitate non-invasive procedures for the safe and effective treatment of drug-resistant neurological disorders.

Many companies in the active implantable medical devices market such as Medtronic Inc., Boston Scientific Corporation, LivaNova plc, William Demant Holding AG and Cochlear Ltd. are actively involved in the development of new and advanced active implantable devices.Request to Get the Sample Pages at: https://www.psmarketresearch.com/market-analysis/active-implantable-medical-devices-market/report-sampleThe Asia-Pacific active implantable medical devices market is expected to grow at the fastest rate in the forecast period as compared to other regions, mainly due to growing aging population in various countries, such as India and China.

Moreover, the substantially larger base of the aging population in these Asian countries, is expected to drive the growth of the active implantable medical device market in the region.

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