According to the latest report by IMARC Group, titled “Diabetic Retinopathy Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025”, the united states implantable medical devices market is currently witnessing moderate growth and expects the market to grow at the region level from 2020-2025.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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Implantable medical devices are replacement and support devices that improve the functioning of existing body organs and treat defects in the human body. They are made up of skin, tissue, bones, plastic, ceramic, and natural material. Implantable medical devices are placed inside the body, permanently or temporarily, during medical procedures and surgery to hold it there even after the procedure is over. Nowadays, cardiac pacemakers, defibrillators, coronary stents, hip implants and implantable insulin pumps are some of the commonly used implantable medical devices.
The United States implantable medical devices market is primarily driven by the growing geriatric population who needs orthopedic implant surgeries. The increasing prevalence of cardiovascular and chronic diseases due to sedentary lifestyles and changing dietary patterns are also propelling the market growth. Besides this, governments of various nations are extensively investing in improving the healthcare infrastructure of the country. They are also facilitating favorable reimbursement scenarios for implantable and life-changing procedures. Furthermore, various research and development (R&D) activities have led to the introduction of patient-specific implants, such as knee arthroplasty, using 3D technology and sculptural CAD. These technological advancements are expected to impact the market growth in the near future.
United States Implantable Medical Devices Market 2020-2025 Competitive Analysis and Segmentation:
Competitive Landscape with Key Players:
The competitive landscape of the united states implantable medical devices market has been studied in the report with the detailed profiles of the key players operating in the market.
Key Market Segmentation:
The report has segmented the united states implantable medical devices market on the basis of product, material, end user and region.
Breakup by Product:
- Orthopedic Implants
- Dental Implants
- Facial Implants
- Breast Implants
- Cardiovascular Implants
- Others
- Polymers
- Metals
- Ceramics
- Biologics
- Hospitals
- Ambulatory Surgery Centers (ASCs)
- Clinics
- Northeast
- Midwest
- South
- West
Key highlights of the report:
- Market Performance (2014-2019)
- Market Outlook (2020-2025)
- Industry Trends
- Market Drivers and Success Factors
- The Impact of COVID-19 on the Global Market
- Value Chain Analysis
- Structure of the Global Market
- Comprehensive mapping of the competitive landscape
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