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Medical Implants Market (Type - Cardiac Implants, Orthopedic Implants, Cosmetic Implants, Spinal Implants, Ophthalmic Implants, Dental Implants, and Other Types; Type of Material - Metallic Material, Ceramic Material, Polymers Material, and Other Materials; End-users - Hospitals & Clinics, Research Laboratories, and Other End Users): Global Industry Analysis, Trends, Size, Share and Forecasts to 2025

  • Published : September, 2019

  • Rep Id : HC0664

  • Category : Healthcare & Medical Devices

  • Status : Published

This report provides exclusive insights into the COVID-19 impact on the Medical Implants Market. The detailed analysis provides information about the impact of the outbreak on the demand and supply conditions, trends and forecasts of the Medical Implants Market. Moreover, the impact analysis covers the study of the COVID-19 on the supply chain of Medical Implants Market. The sectoral impact shall provide insights into both short term and long term effects of the pandemic on the related and support industries.

A recent report published by Infinium Global Research on medical implants market provides an in-depth analysis of segments and sub-segments in the global as well as regional medical implants market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional medical implants market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of the global medical implants market. According to the report, the global medical implants market is projected to grow at a CAGR of 5.9% over the forecast period of 2019-2025.

 

Market Insight

The growing influence of chronical diseases, accidents, beauty consciousness around the world and increasing demand to remove that illness permanently is helping to grow the medical implants market. These devices are placed inside the living bodies for the short term or permanently. These devices are used for several purposes such as therapeutic, diagnostic and monitoring purposes. These implants are an artificial alternative to support human life and are easily available to replace a particular organ. These are made of different biomaterial ingredients such as apatite, titanium, silicone, and others. Further, these devices have several applications, which range from cardiovascular, orthopedic, sensory, electric, cosmetic, to contraception.

 

The increasing disposable income among the consumers is helping to grow the demand for the medical implants market around the world. Further, the growing awareness about the different types of medical implants among healthcare professionals provides a growing demand for the market. Additionally, increasing support from the medical health insurance companies to support the major critical health issues is facilitating the growth of the medical implant market around the world. Moreover, growing government support to provide medical insurance coverage to the downtrodden people in the society for their better health is catalyzing the demand of the medical implants market. However, the cost factor of the medical implants and scarcity of the trained health care professional to place the medical implant inside the body in the potential region is restricting the growth of the market for the short term. The increasing influx of medical implant manufacturing companies in the developing countries is expected to boost the demand of medical implants in the developing countries.

 

North America holds the largest share of the medical implants market, owing to the presence of the number of medical implant manufacturing companies in this region. Additionally, the government initiatives to provide modern medical is helping to grow the market in this region. The Asia-Pacific region is growing with a healthy CAGR for the medical implants market owing to increasing awareness among the consumers about these types of devices and the availability of trained healthcare professionals in major cities.


Global Medical Implants Market

 

Segment Covered

The report on the global medical implants market covers segments such as type, type of material, and end-users. On the basis of type, the sub-markets include cardiac implants, orthopedic implants, cosmetic implants, spinal implants, ophthalmic implants, dental implants, and other types. On the basis of the type of material, the sub-markets include a metallic material, ceramic material, polymers material, and other materials. On the basis of end-users, the sub-markets include hospitals & clinics, research laboratories, and other end users.

 

Companies Profiled:

The report provides profiles of the companies in the market such as Stryker Corporation, Zimmer Biomet, 3M, Johnson & Johnson Services, Inc, Straumann, Smith & Nephew, Boston Scientific, Medtronic, and Dentsply.

 

Report Highlights:

The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of medical implants market. Moreover, the study highlights current market trends and provides forecast from 2019-2025. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.


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