Active Implantable Medical Devices Market to Grow at 7.9% CAGR to 2025 Led by Abbott, Medtronic, Cochlear, Boston Scientific, BIOTRONIK SE&Co, LivaNova, MED-EL, Sonova, William Demant Holding A/S

The Global Active Implantable Medical Devices Market is expected to reach US$ 39,026.9 Mn by 2025 from US$ 22,096.9 Mn in 2017. The market is estimated to grow with a CAGR of 7.9% during the forecast period from 2018 to 2025.

The major players operating in the active implantable medical devices market include Abbott, Medtronic, Cochlear Ltd., Boston Scientific Corporation, BIOTRONIK SE&Co, LivaNova PLC, MED-EL, Sonova, William Demant Holding A/S, Nurotron Biotechnology Co. Ltd. and among others. The company players are indulged into development of novel and innovative products to cater the demands of the users in active implantable medical devices market. For instance, in August 2017, BIOTRONIK received FDA approval and commercial launch of Edora HF-T QP, an MR conditional quadripolar (QP) cardiac resynchronization therapy pacemaker (CRT-P) with MRI AutoDetect technology.

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The global active implantable medical devices market is segmented into product, end user and geography. Based on product, the active implantable medical devices market is segmented into implantable cardioverter defibrillators, implantable cardiac pacemakers, neurostimulators, implantable hearing devices, ventricular assist devices and implantable heart monitors/insertable loop recorders. The implantable cardioverter defibrillators segment is further bifurcated into transvenous implantable cardioverter defibrillators and subcutaneous implantable cardioverter defibrillators. On the basis of end user, the active implantable medical devices market classified as hospitals, ambulatory surgery centers and specialty clinics.

The active implantable medical devices are intended to be used for introduction into the human body through medical procedures. These devices are either used for diagnostic purposes or for interventional purposes that remain in the human body to support a damaged body organ, replace a missing body structure, or enhance functioning of an organ. The active implantable medical devices are mostly used in neurological, cardiovascular, hearing and other surgeries. The report would be of an interest to various stakeholders operating in the active implantable medical devices. These stakeholders include healthcare institutes, medical therapeutics manufactures and suppliers, academic and research institutes, active implantable medical devices manufacturers and vendors, distributors and others.

The objective of the study is to describe, define, and forecast the active implantable medical devices market by product, end user, and region. The report also provide detailed information regarding the major factors influencing the growth of the market (drivers, restraints, opportunities, and trends). The report helps to analyze market with respect to individual growth trends, prospects, and contributions to the overall active implantable medical devices market.

The report analyzes factors affecting market from both demand and supply side and further evaluates active implantable medical devices market dynamics effecting the active implantable medical devices market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the market in these regions. The report also includes the profiles of key manufacturing companies along with their SWOT analysis and market strategies.

4. GLOBAL ACTIVE IMPLANTABLE MEDICAL DEVICES MARKET – KEY MARKET DYNAMICS 36
4.1 KEY MARKET DRIVERS 36
4.1.1 Increasing Burden of Cardiovascular Diseases, Neurological Disorders and hearing disorders 36
4.1.2 Technological Advancements and New Product Launches 36
4.1.3 Large pool of geriatric population 36
4.2 KEY MARKET RESTRAINTS 37
4.2.1 High Cost of Products and Procedures 37
4.2.2 High Rate of Product Recalls 37
4.3 KEY MARKET OPPORTUNITIES 38
4.3.1 Growing Healthcare Market In The Developing Economies 38
4.4 FUTURE TRENDS 38
4.4.1 Growing product innovations 38
4.5 IMPACT ANALYSIS 39

5. ACTIVE IMPLANTABLE MEDICAL DEVICES MARKET –GLOBAL ANALYSIS 40
5.1 ACTIVE IMPLANTABLE MEDICAL DEVICES MARKET REVENUE FORECASTS AND ANALYSIS 40
5.2 GLOBAL ACTIVE IMPLANTABLE MEDICAL DEVICES MARKET, BY GEOGRAPHY – FORECASTS AND ANALYSIS 41
5.3 EXPERT OPINIONS 41

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6. GLOBAL ACTIVE IMPLANTABLE MEDICAL DEVICES MARKET ANALYSIS– BY PRODUCT 43
6.1 OVERVIEW 43
6.2 GLOBAL ACTIVE IMPLANTABLE MEDICAL DEVICES, BY PRODUCT 2017 & 2025 (%) 43
6.3 IMPLANTABLE CARDIOVERTER DEFIBRILLATORS MARKET 44
6.3.1 Overview 44
6.3.2 Global Implantable Cardioverter Defibrillators Market Revenue And Forecasts To 2025 (US$ Mn) 44
6.3.3 Transvenous Implantable Cardioverter Defibrillators 45
6.3.3.1 Overview 45
6.3.3.2 Global Transvenous Implantable Cardioverter Defibrillators Market Revenue And Forecasts To 2025 (US$ Mn) 45
6.3.4 Subcutaneous Implantable Cardioverter Defibrillators 46
6.3.4.1 Overview 46
6.3.4.2 Global Subcutaneous Implantable Cardioverter Defibrillators Market Revenue And Forecasts To 2025 (US$ Mn) 46
6.4 IMPLANTABLE CARDIAC PACEMAKERS MARKET 47
6.4.1 Overview 47
6.4.2 Global Implantable Cardiac Pacemakers Market Revenue and Forecasts To 2025 (US$ Mn) 47
6.5 VENTRICULAR ASSIST DEVICES MARKET 48
6.5.1 Overview 48
6.5.2 Global Ventricular Assist Device Market Revenue And Forecasts To 2025 (US$ Mn) 48
6.6 IMPLANTABLE HEART MONITORS/INSERTABLE LOOP RECORDERS MARKET 49
6.6.1 Overview 49
6.6.2 Global Implantable Heart Monitors/Insertable Loop Recorders Market Revenue And Forecasts To 2025 (US$ Mn) 49
6.7 NEUROSTIMULATORS MARKET 50
6.7.1 Overview 50
6.7.2 Global Neurostimulators Market Revenue And Forecasts To 2025 (US$ Mn) 50
6.8 IMPLANTABLE HEARING DEVICES MARKET 51
6.8.1 Overview 51
6.8.2 Global Implantable Hearing Devices Market Revenue And Forecasts To 2025 (US$ Mn) 51