Implantable Medical Devices Market: By Type (Cardiovascular Implants, Orthopedic Implants, Gyneac Implants, Cochlear Implants, Ophthalmic Implants, Facial Implants, Breast Implants, Others), By Material (Metal, Biological, Polymer, Ceramic), By End User (Hospitals, Specialty Clinics, Ambulatory Surgical Centers) and Geography  

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Implantable Medical Devices Market size valued USD 83.08 billion in 2022 and is poised to grow at a CAGR of 6.62% from 2023 to 2029. Implantable medical devices are used as replace or act as a fraction of or the whole biological structure.  Currently, these devices are being used in many different parts of the body for various applications such as orthopedics, pacemakers, cardiovascular stents, defibrillators, neural prosthetics or drug delivery systems etc. An increase in the number of keratoplasty cases and corneal surgeries will boost market growth over the forecast period. The market for Implantable medical devices driven by technological advances in implants like multifocal intraocular lens technology and rising awareness about aesthetics among young patient population expected to fuel the market for Implantable medical devices over a period of forecast. The market is highly fragmented with several local and international players offering different implantable products in the marketplace. Players or service providers in the market are coming up with a customized solution that addresses the patient requirements. Players in the market are developing newer designs which are influenced by viscoelastic technology and others to gain larger market revenue share in the market. Moreover, end users in the market continuously working towards educating the patients regarding implantation surgeries and post-surgery precautions.

Implantable Medical Devices Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

6.6%

Largest Market

North America

Fastest Growing Market

Asia-Pacific
Implantable Medical Devices Market Dynamics

Rising awareness about facial implants, increase in beauty consciousness, unhealthy lifestyles, and inclination towards body fitness, growing technological advancements, and growing adoption of aesthetic surgeries are the few other factors that are propelling the growth of the global Implantable medical devices. Furthermore, market players launched new advanced products, with the light of the advancements Implantable medical devices market is expected to grow at significant rate over the forecast period. However, potential side effects or damage associated with the use implants, the dearth of a skilled workforce to perform the implantation procedures, high cost associated with the treatment are the few factors hamper the growth of the market.

Key Features of the Reports

  • The report provides granular level information about the market size, regional market share, historic market (2018 to 2022) and forecast (2023 to 2029)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startup’s details that are actively working in the market
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
  • The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market

Implantable Medical Devices Market Segmentation

By Type
  • Cardiovascular Implants
  • Orthopeadic Implants
  • Gyneac Implants
  • Cochlear Implants
  • Ophthalmic Implants
  • Facial Implants
  • Breast Implants
  • Others
By Material
  • Metal
  • Biological
  • Polymer
  • Ceramic
By End User
  • Hospitals
  • Specialty Clinics
  • Ambulatory Surgical Centers

Frequently Asked Questions

The implantable medical devices market size was valued at USD 83.08 billion in 2022

The implantable medical devices market has been classified into North America, Asia Pacific, Europe, Latin America, Middle East and Africa, and the rest of MEA.

Asia Pacific is the fastest-growing for implantable medical devices market

1. Executive Summary
2. Global Implantable Medical Devices Market Introduction 
2.1.Global Implantable Medical Devices Market  - Taxonomy
2.2.Global Implantable Medical Devices Market  - Definitions
2.2.1.Type
2.2.2.Material
2.2.3.End User
2.2.4.Region
3. Global Implantable Medical Devices Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Product Landscape
3.6. New Product Launches
3.7. Impact of COVID 19 on Market
4. Global Implantable Medical Devices Market Analysis, 2018 - 2022 and Forecast 2023 - 2029
4.1.  Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
4.2.  Year-Over-Year (Y-o-Y) Growth Analysis (%) 
4.3.  Market Opportunity Analysis 
5. Global Implantable Medical Devices Market  By Type, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
5.1. Cardiovascular Implants
5.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.1.3. Market Opportunity Analysis 
5.2. Orthopeadic Implants
5.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.2.3. Market Opportunity Analysis 
5.3. Gyneac Implants
5.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.3.3. Market Opportunity Analysis 
5.4. Cochlear Implants
5.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.4.3. Market Opportunity Analysis 
5.5. Ophthalmic Implants
5.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
5.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.5.3. Market Opportunity Analysis 
5.6. Facial Implants
5.6.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
5.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.6.3. Market Opportunity Analysis 
5.7. Breast Implants
5.7.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
5.7.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.7.3. Market Opportunity Analysis 
5.8. Others
5.8.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
5.8.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.8.3. Market Opportunity Analysis 
6. Global Implantable Medical Devices Market  By Material, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
6.1. Metal
6.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.1.3. Market Opportunity Analysis 
6.2. Biological
6.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.2.3. Market Opportunity Analysis 
6.3. Polymer
6.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.3.3. Market Opportunity Analysis 
6.4. Ceramic
6.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.4.3. Market Opportunity Analysis 
7. Global Implantable Medical Devices Market  By End User, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
7.1. Hospitals
7.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.1.3. Market Opportunity Analysis 
7.2. Specialty Clinics
7.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.2.3. Market Opportunity Analysis 
7.3. Ambulatory Surgical Centers
7.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.3.3. Market Opportunity Analysis 
8. Global Implantable Medical Devices Market  By Region, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
8.1. North America
8.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.1.3. Market Opportunity Analysis 
8.2. Europe
8.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.2.3. Market Opportunity Analysis 
8.3. Asia Pacific (APAC)
8.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.3.3. Market Opportunity Analysis 
8.4. Middle East and Africa (MEA)
8.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.4.3. Market Opportunity Analysis 
8.5. Latin America
8.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.5.3. Market Opportunity Analysis 
9. North America Implantable Medical Devices Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
9.1. Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.1.1.Cardiovascular Implants
9.1.2.Orthopeadic Implants
9.1.3.Gyneac Implants
9.1.4.Cochlear Implants
9.1.5.Ophthalmic Implants
9.1.6.Facial Implants
9.1.7.Breast Implants
9.1.8.Others
9.2.  Material Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.2.1.Metal
9.2.2.Biological
9.2.3.Polymer
9.2.4.Ceramic
9.3.  End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.3.1.Hospitals
9.3.2.Specialty Clinics
9.3.3.Ambulatory Surgical Centers
9.4.  Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.4.1.United States of America (USA)
9.4.2.Canada
10. Europe Implantable Medical Devices Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
10.1. Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.1.1.Cardiovascular Implants
10.1.2.Orthopeadic Implants
10.1.3.Gyneac Implants
10.1.4.Cochlear Implants
10.1.5.Ophthalmic Implants
10.1.6.Facial Implants
10.1.7.Breast Implants
10.1.8.Others
10.2.  Material Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.2.1.Metal
10.2.2.Biological
10.2.3.Polymer
10.2.4.Ceramic
10.3.  End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.3.1.Hospitals
10.3.2.Specialty Clinics
10.3.3.Ambulatory Surgical Centers
10.4.  Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.4.1.Germany
10.4.2.France
10.4.3.Italy
10.4.4.United Kingdom (UK)
10.4.5.Spain
10.4.6.Rest of EU
11. Asia Pacific (APAC) Implantable Medical Devices Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
11.1. Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.1.1.Cardiovascular Implants
11.1.2.Orthopeadic Implants
11.1.3.Gyneac Implants
11.1.4.Cochlear Implants
11.1.5.Ophthalmic Implants
11.1.6.Facial Implants
11.1.7.Breast Implants
11.1.8.Others
11.2.  Material Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.2.1.Metal
11.2.2.Biological
11.2.3.Polymer
11.2.4.Ceramic
11.3.  End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.3.1.Hospitals
11.3.2.Specialty Clinics
11.3.3.Ambulatory Surgical Centers
11.4.  Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.4.1.China
11.4.2.India
11.4.3.Australia and New Zealand (ANZ)
11.4.4.Japan
11.4.5.Rest of APAC
12. Middle East and Africa (MEA) Implantable Medical Devices Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
12.1. Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.1.1.Cardiovascular Implants
12.1.2.Orthopeadic Implants
12.1.3.Gyneac Implants
12.1.4.Cochlear Implants
12.1.5.Ophthalmic Implants
12.1.6.Facial Implants
12.1.7.Breast Implants
12.1.8.Others
12.2.  Material Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.2.1.Metal
12.2.2.Biological
12.2.3.Polymer
12.2.4.Ceramic
12.3.  End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.3.1.Hospitals
12.3.2.Specialty Clinics
12.3.3.Ambulatory Surgical Centers
12.4.  Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.4.1.GCC Countries
12.4.2.South Africa
12.4.3.Rest of MEA
13. Latin America Implantable Medical Devices Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
13.1. Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.1.1.Cardiovascular Implants
13.1.2.Orthopeadic Implants
13.1.3.Gyneac Implants
13.1.4.Cochlear Implants
13.1.5.Ophthalmic Implants
13.1.6.Facial Implants
13.1.7.Breast Implants
13.1.8.Others
13.2.  Material Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.2.1.Metal
13.2.2.Biological
13.2.3.Polymer
13.2.4.Ceramic
13.3.  End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.3.1.Hospitals
13.3.2.Specialty Clinics
13.3.3.Ambulatory Surgical Centers
13.4.  Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.4.1.Brazil
13.4.2.Mexico
13.4.3.Rest of LATAM
14. Competition Landscape
14.1.  Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) 
14.2.1.Abbott Laboratories (U.S.)
14.2.2.Medtronic plc (Ireland)
14.2.3.Boston Scientific Corporation (U.S.)
14.2.4.LivaNova PLC (U.K.)
14.2.5.BIOTRONIK SE & Co. KG (Germany)
14.2.6.Cochlear Limited (Australia)
14.2.7.Sonova Holding AG (Switzerland)
14.2.8.MED-EL (Austria)
15. Research Methodology 
16. Appendix and Abbreviations 
  • Abbott Laboratories (U.S.)
  • Medtronic plc (Ireland)
  • Boston Scientific Corporation (U.S.)
  • LivaNova PLC (U.K.)
  • BIOTRONIK SE & Co. KG (Germany)
  • Cochlear Limited (Australia)
  • Sonova Holding AG (Switzerland)
  • MED-EL (Austria)
  • Nurotron Biotechnology Co., Ltd. (China)
  • William Demant Holding A/S (Denmark)

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