Product Code: HLC016F
The global market for microelectronic medical implants is expected to grow from $49.0 billion in 2024 and is projected to reach $85.1 billion by the end of 2029, at a compound annual growth rate (CAGR) of 11.7% during the forecast period of 2024 to 2029.
The global market for microelectronic medical implants for pacemakers is expected to grow from $19.8 billion in 2024 and is projected to reach $34.9 billion by the end of 2029, at a CAGR of 12.0% during the forecast period of 2024 to 2029.
The global market for microelectronic medical implants for defibrillators is expected to grow from $17.7 billion in 2024 and is projected to reach $30.1 billion by the end of 2029, at a CAGR of 11.2% during the forecast period of 2024 to 2029.
Report Scope:
This report analyzes the trends in the global and regional markets for microelectronic medical implants with data from 2023, estimates from 2024, and projections of compound annual growth rates (CAGRs) for the forecast period of 2024 to 2029. This report also analyzes the competitive environment, including the market shares of leading companies, the regulatory scenario, and the drivers, restraints and opportunities in the market.
The market in this report is segmented into product types and applications. Product types include pacemakers, defibrillators, neurostimulators, hearing implants, ocular implants, and others. Applications includes cardiology, neurology, audiology, ophthalmology, and others.
The market is segmented into four regions: North America, Europe, Asia-Pacific and Rest of the World (RoW). The regional analysis include coverage of the markets in the U.S., Germany, the U.K., France, Japan, China, and India. The market value is estimated for 2023, with forecasts for 2024 and 2029.
The report's goals are to -
- Analyze main implant types and applications.
- Analyze global market size and segmentation.
- Understand market constraints and drivers.
- Provide detailed market forecasts up to 2029.
- Assess market shares, competitiveness, and industry structure.
- Identify potential long-term impacts on the microelectronic implants industry
Report Includes:
- 64 data tables and 30 additional tables
- An overview of the global market for microelectronic medical implants
- Analysis of global market trends, featuring historical revenue data for 2021-2023, estimated figures for 2024, forecasts for 2029, and projected CAGRs through 2029
- Evaluation of the current market size and revenue growth prospects, along with market share analysis by product type, application, and geographic region
- Discussion of innovations, technological advances, and product launches
- Analysis of the industry's regulatory framework and policies
- A look at the product pipeline
- Discussion of ESG practices of companies in the industry, and the ESG challenges facing them
- Analysis of the leading companies' market shares, proprietary technologies, and strategic alliances
- Evaluation of key patents
- Profiles of the leading players, including Abbott, Cochlear Ltd., LivaNova PLC, Medtronic, and NEVRO CORP.
Table of Contents
Chapter 1 Executive Summary
- Market Outlook
- Scope of Report
- Market Summary
Chapter 2 Market Overview
- Overview
- Porter's Five Forces Analysis
- Bargaining Power of Buyers
- Bargaining Power of Suppliers
- Potential for New Entrants
- Threat of Substitutes
- Competitiveness in the Industry
Chapter 3 Market Dynamics
- Market Dynamics
- Market Drivers
- Market Restraints
- Market Opportunities
Chapter 4 Regulatory and Reimbursement Landscape
- Regulatory Scenario
- United States
- European Union
- Asia-Pacific
- Reimbursement Landscape
Chapter 5 Emerging Technologies
Chapter 6 Market Segmentation Analysis
- Segmentation Breakdown
- Market for Microelectronic Medical Implants, by Product Type
- Global Market Forecast
- Pacemakers
- Defibrillators
- Neurostimulators
- Hearing Implants
- Ocular Implants
- Other Implants
- Market for Microelectronic Medical Implants, by Application
- Global Market Forecast
- Cardiology
- Neurology
- Audiology
- Ophthalmology
- Other Applications
- Geographic Breakdown
- Global Market for Microelectronic Medical Implants, by Region
- North America
- Europe
- Asia-Pacific
- Rest of the World
Chapter 7 Competitive Intelligence
Chapter 8 Sustainability in the Microelectronic Medical Implant Industry: An ESG Perspective
- Introduction to ESG
- Sustainability in the Industry
- Environmental Impact
- Social Responsibility
- Governance
Chapter 9 Appendix
- Methodology
- Abbreviations
- Sources
- Company Profiles
- ABBOTT
- BIOTRONIK
- BOSTON SCIENTIFIC CORP.
- COCHLEAR LTD.
- INSPIRE MEDICAL SYSTEMS INC.
- LIVANOVA PLC
- MEDTRONIC
- MICROPORT SCIENTIFIC CORP.
- NEUROPACE INC.
- NEVRO CORP.