Global Active Medical Implantable Devices Market is growing with factors such as rising prevalence of chronic diseases, growing geriatric population, surge in minimally invasive surgeries, technological development, rising healthcare infrastructure, and rising collaborations among key market players among others.
Rising number of FDA approvals, product launches has propelled the growth of the market. However, the high cost of devices may restrain the market growth.
Global Active Medical Implantable Devices Market Scenario
According to Data Bridge Market Research, the market for global active medical implantable devices in North America has the highest market share followed by Europe and Asia-Pacific. Market leader is Medtronic, which accounts for an estimated market share of approximately 29.76% in the global market. The company has gained outstanding sale by providing implantable devices.
- In August 2020, Medtronic announced the acquisition of Companion Medical, a private company manufacturer of InPen. This will expand the company’s ability to better serve people with diabetes.
Trends Impacting the Market
Now the question is which other regions Medtronic, Abbott, and Boston Scientific Corporation are targeting? Data Bridge Market Research has forecast a large growth in North America active medical implantable devices market and the market leaders are targeting the U.S. and Canada to be their next pocket revenue for 2021.
The active medical implantable devices market is becoming more competitive with companies including Medtronic, Abbott & Boston Scientific Corporation. These are the top dominating companies in active medical implantable devices market and have launched active medical implantable devices in the market. The data bridge market research new reports highlight the major growth factors and opportunities in the global active medical implantable devices market.
For more analysis on the global active medical implantable devices market request for a briefing with our analysts https://www.databridgemarketresearch.com/speak-to-analyst/?dbmr=global-active-medical-implantable-devices-market
Global Active Medical Implantable Devices Developments
- In July 2020, Abbott announced the launch of insert able cardiac monitor, Jot Dx in U.S. The device helps clinicians view abnormal heart rhythm and allows for remote detection and improved diagnostic accuracy of cardiac arrhythmia. This will help the company to further acquire the market in coming years.
- In January 2021, Boston Scientific announced that it has received FDA approval for Vercise Deep Brain Stimulation System. The portfolio consists of implantable pulse generator designed to provide optimal symptom relief. This will help the company to expand its business in coming years.
Scope of the Active Medical Implantable Devices Market
Global active medical implantable devices market is segmented on the basis of countries into the U.S., Canada, Mexico, Germany, France, Italy, U.K., Spain, Switzerland, Russia, Netherlands, Belgium, Ireland, Turkey, Rest of Europe, China, Japan, India, Australia, South Korea, Singapore, Thailand, Malaysia, Philippines, Indonesia, Rest of Asia-Pacific, Brazil, Rest of South America and Rest of Middle East and Africa.
All country based analysis of the global active medical implantable devices market is further analyzed based on maximum granularity into further segmentation.
- On the basis of product, the global active medical implantable devices market is segmented into Cardiac Resynchronization Therapy Devices (CRT-D), implantable cardioverter defibrillators, implantable cardiac pacemakers, eye implants, neurostimulators, active implantable hearing devices, ventricular assist devices, implantable heart monitors/insertable loop recorders, brachytheraphy, implantable glucose monitors, dropped foot implants, shoulder implants, implantable infusion pumps and implantable accessories.
- On the basis of surgery type, the global active medical implantable devices market is segmented into traditional surgical methods and minimally invasive surgery.
- On the basis of procedure, the global active medical implantable devices market is segmented into neurovascular, cardiovascular, hearing and others.
- On the basis of end-users, the global active medical implantable devices market is segmented into hospitals, specialty clinics, ambulatory surgical centers and clinics.
Key Pointers Covered in Active Medical Implantable Devices Market Industry Trends and Forecast to 2028
- Market Size
- Top to Bottom Market Analysis
- Recent Developments for Market Competitors
- Recent Market Value for Different Countries
- Market value and over view of active medical implantable devices market
- Company profiling of top eight players of active medical implantable devices market
Key Market Competitors Covered in the Report
The key market players for the global active medical implantable devices market are listed below:
- NeuroPace, Inc.
- Axonics, Inc.
- Stimwave LLC
- NEVRO CORP
- Second Sight
- BIOTRONIK
- ABIOMED
- Boston Scientific Corporation
- Medtronic
- Abbott
- Eckert & Ziegler.
- Sonova
- Zhejiang Nurotron Biotechnology Co., Ltd
- Demant A/S
- Cochlear Ltd
- Microson
- Oticon Medical
- Nano Retina
- GluSense
- MED-EL Medical Electronics
Above are the key players covered in the report, to know about more and exhaustive list of active medical implantable devices companies’, contact us https://www.databridgemarketresearch.com/toc/?dbmr=global-active-medical-implantable-devices-market
Research Methodology: Global Active Medical Implantable Devices Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include vendor positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis and vendor share analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Primary Respondents
- Demand Side: Manufacturer, Healthcare Industry, Scientists, Research Laboratories
- Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers among others.
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- Implantable Cardioverter Defibrillators (ICDs) Market – Global Industry Trends and Forecast to 2028 | Data Bridge Market Research
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