Active Implantable Medical Devices Market Global Outlook On Key Growth Trends, Factors 2025

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Active Implantable Medical Devices Market
Publication Month Oct 2018  No. of Pages 144
 Report Code TIPMD00002232    Category
Medical Device
Active Implantable Medical Devices Market to 2025
- Global Analysis and Forecasts By Product
(Implantable Cardioverter Defibrillators,
Implantable Cardiac Pacemakers, Ventricular
Assist Devices, Implantable Heart
Monitors/Insertable Loop Recorders,
Neurostimulators, and Implantable Hearing
Devices), End-User (Hospitals, Ambulatory Surgery
Centers, and Specialty Clinics) and Geography
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Active Implantable Medical Devices Market
Publication Month Oct 2018  No. of Pages 144
 Report Code TIPMD00002232    Category
Medical Device
Introduction Active medical device means a
medical device that depends on the function of an
electrical energy source or other power source
other than the energy directly generated by the
human body or gravity and acts by converting this
energy. The report highlights the trends
prevalent in the global active implantable
medical devices market and the factors driving
the market along with those that act as
deterrents to its growth. Europe is was the
second largest geographic market and it is
expected to be the second highest revenue
contributor throughout the forecast period.
Europe market is driven by the factors such as
frequent product launches and increasing
awareness among the population in the region.
Additionally, rising chronic conditions and
increasing government initiatives for healthcare
are some major factors have that influence the
European active implantable medical devices
market.
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Active Implantable Medical Devices Market
Publication Month Oct 2018  No. of Pages 144
 Report Code TIPMD00002232    Category
Medical Device
The increasing prevalence of cardiovascular
diseases, neurological disorders hearing
disorders, increasing technological advancements
new product launches and large pool of
geriatric population are the major factors that
anticipated to propel the growth for the active
implantable medical devices market in the
forecast period. However, the high cost of
products and procedures and high rate of product
recalls is expected to act as major challenges
hindering the market growth at certain extent.
Global active implantable medical devices
market segmented into by product and end user.
Based on product, the 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.
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Active Implantable Medical Devices Market
Publication Month Oct 2018  No. of Pages 144
 Report Code TIPMD00002232    Category
Medical Device
The high market growth is anticipated on account
of the rising global geriatric population. The
risk of cardiovascular diseases increases with
increase in age, in both male and females.
Increasing age makes the blood vessels less
flexible and reduction in blood flow. Thus, the
risk of heart disease is high in elder
population. According to the Heart Disease and
Stroke Statistics 2018, average age at the first
heart attack is 65.6 years for males and 72.0
years for females. It also mentioned that annual
incidence of heart attack in the US is 720,000
new attacks and 335,000 recurrent attacks.
Similarly, rising prevalence of the
neurological disorders in the geriatric
population is expected to serve as a high impact
rendering driver for the active implantable
medical devices market over the forecast period.
According to the Alzheimer's Association, in
2018, 5.7 million Americans suffer from
Alzheimer's dementia of which 5.5 million are
people with age 65 and older. Furthermore, the
United Nations in 2017, estimated 962 million
people are aged 60 or over across the globe and
is increasing by 3 every year. It also stated
that the elder population with 60 and more age
worldwide is projected to be 1.4 billion in 2030
and 2.1 billion in 2050, and could rise to 3.1
billion in 2100. Hence, the increasing global
geriatric population is likely to boost the
market growth during the forecast period. Get
a PDF Sample copy of Active Implantable Medical
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Active Implantable Medical Devices Market
Publication Month Oct 2018  No. of Pages 144
 Report Code TIPMD00002232    Category
Medical Device

• Major Key Players Involving in this study
• 1. Medtronic
• 2. ABBOTT
• 3. Cochlear Ltd.
• 4. Boston Scientific Corporation
• 5. BIOTRONIK
• 6. MED-EL
• 7. SONOVA
• 8. William Demant Holding A/S
• 9. LivaNova PLC
• 10. Nurotron Biotechnology Co. Ltd.
• Inquire more _at_ https//www.theinsightpartners.com/
  inquiry/TIPMD00002232/

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