PUBLISHER: AnalystView Market Insights | PRODUCT CODE: 1555767
PUBLISHER: AnalystView Market Insights | PRODUCT CODE: 1555767
Asia Pacific Implantable Medical Devices Market, By Implant type, By Product type, By Material type, By Application, By End User, By Country, Industry Analysis, Market Size, Market Share & Forecast from 2024-2032
REPORT HIGHLIGHT
Asia Pacific Implantable Medical Devices Market size was valued at USD 20,903.21 Million in 2023, expanding at a CAGR of 7.90% from 2024 to 2032.
Implantable Medical Devices are surgically placed devices designed to remain inside the body for therapeutic or diagnostic purposes. Examples include pacemakers, cochlear implants, and orthopedic implants. They provide critical functions such as monitoring vital signs, delivering targeted therapies, or supporting bodily functions. These devices are made from biocompatible materials to minimize adverse reactions.
Asia Pacific Implantable Medical Devices Market- Market Dynamics
Growing range of applications for these devices and an increasing incidence of spinal cord injuries to propel market demand
The expansion of the Asia Pacific implantable medical devices market can be attributed to the growing range of applications for these devices and an increasing incidence of spinal cord injuries. Technological advancements are driving the adoption of smart implants, which are becoming essential due to their potential to deliver comprehensive and personalized care. The integration of smart implants offers remarkable opportunities for disease prevention, early detection, real-time health monitoring, chronic disease management, virtual patient care, tailored treatments, and minimally invasive procedures. These implants enable customized diagnosis and treatment plans for individual patients. Manufacturers are heavily investing in the development of cutting-edge implantable devices and technologies. Additionally, there is a rise in Food and Drug Administration (FDA) approvals for new medical devices, which contributes to the growth of the implantable devices market. For example, in February 2022, Abbott introduced a dual-chamber leadless pacemaker device as part of the AVEIR DR i2i pivotal clinical study. This device marks a significant advancement in leadless pacing technology. As a result of these innovations and regulatory approvals, the implantable medical devices market is expected to experience substantial growth and present lucrative opportunities throughout the forecast period.
Asia Pacific Implantable Medical Devices Market- Key Insights
As per the analysis shared by our research analyst, the Asia Pacific market is estimated to grow annually at a CAGR of around 7.90% over the forecast period (2024-2032)
Based on Implant type segmentation, passive implant was predicted to show maximum market share in the year 2023
Based on product type segmentation, treatment was the leading type in 2023
On the basis of country, China was the leading revenue generator in 2023
Asia Pacific Implantable Medical Devices Market- Segmentation Analysis:
The Asia Pacific Implantable Medical Devices is segmented on the basis Implant type, Product type, Material type, Application, End User, and Country.
The market is divided into two categories based on Implant type: active implants and passive implants. In 2023, the passive implant segment held the largest share of the market. This dominance can be attributed to the broad use of passive implants across various medical fields and their relatively simpler technology compared to active implants. Passive implants do not require any external power and include devices like orthopedic screws and dental implants.
The market is divided into two categories based on product type: diagnostic and treatment. The treatment segment was the leading category in terms of market share in 2023. This is indicative of the increasing demand for advanced therapeutic solutions and interventions that can improve patient outcomes, as well as the ongoing innovation and advancements in treatment technologies.
Asia Pacific Implantable Medical Devices Market- Geographical Insights
The analysis of the Asia Pacific Vehicle (EV) Charging Communication Unit market includes countries such India, China, South Korea, Japan, Australia, Thailand, Indonesia, and the Philippines, along with the rest of the Asia Pacific (APAC). Among these, China captured the largest market share in 2023. This significant share reflects China's robust healthcare infrastructure, increasing investment in medical technologies, and a large patient population that drives demand for implantable medical devices. China's position as a major market player underscores its critical role in the regional dynamics of the implantable medical devices industry.
Asia Pacific Implantable Medical Devices Market- Competitive Landscape:
Companies in the Asia Pacific Implantable Medical Devices market adopt various strategies to remain competitive. Key players often pursue strategic partnerships, mergers, and acquisitions to enhance technology and market reach. Collaborations with healthcare providers, research institutions, and technology firms help drive innovation and improve product offerings. Additionally, companies focus on expanding their portfolios and entering new markets to leverage growth opportunities.
Recent Developments:
In August 2023, Medtronic plc received CE (Conformite Europeenne) Mark approval for its Inceptiv closed-loop rechargeable spinal cord stimulator (SCS). This device represents Medtronic's first spinal cord stimulator to incorporate a closed-loop feature, which continuously monitors individual biological signals and adjusts stimulation in real-time. This dynamic adjustment ensures that the therapy remains in sync with the user's daily activities and movements.
SCOPE OF THE REPORT
The scope of this report covers the market by its major segments, which include as follows:
ASIA PACIFIC IMPLANTABLE MEDICAL DEVICES MARKET KEY PLAYERS- DETAILED COMPETITIVE INSIGHT
Abbott Laboratories
Boston Scientific Corp
Dentsply Sirona Inc
Johnson & Johnson, Medtronic Plc
Institut Straumann AG
Smith & Nephew Plc
Biotronik Se & Co Kg
Livanova Plc
Med-El Elektromedizin Gerate Gesellschaft Mbh
Others
ASIA PACIFIC IMPLANTABLE MEDICAL DEVICES MARKET, BY IMPLANT TYPE- MARKET ANALYSIS, 2019 - 2032
Active implant
Passive implant
ASIA PACIFIC IMPLANTABLE MEDICAL DEVICES MARKET, BY PRODUCT TYPE- MARKET ANALYSIS, 2019 - 2032
Diagnostic
Treatment
ASIA PACIFIC IMPLANTABLE MEDICAL DEVICES MARKET, BY MATERIAL TYPE- MARKET ANALYSIS, 2019 - 2032
Metallic
Ceramic
Polymers
ASIA PACIFIC IMPLANTABLE MEDICAL DEVICES MARKET, BY APPLICATION- MARKET ANALYSIS, 2019 - 2032
Dental implants
Orthopedic implants
Cardiovascular implants
Breast implants
Brain implants
Others
ASIA PACIFIC IMPLANTABLE MEDICAL DEVICES MARKET, BY END USER- MARKET ANALYSIS, 2019 - 2032
Hospitals
Specialty clinics
ASCS
Others
ASIA PACIFIC IMPLANTABLE MEDICAL DEVICES MARKET, BY COUNTRY- MARKET ANALYSIS, 2019 - 2032
India
China
South Korea
Japan
Australia
Thailand
Indonesia
Philippines
Rest of APAC
Table of Contents
1. Asia Pacific Implantable Medical Devices Market Overview
- 1.1. Study Scope
- 1.2. Market Estimation Years
2. Executive Summary
- 2.1. Market Snippet
- 2.1.1. Asia Pacific Implantable Medical Devices Market Snippet by Implant Type
- 2.1.2. Asia Pacific Implantable Medical Devices Market Snippet by Product type
- 2.1.3. Asia Pacific Implantable Medical Devices Market Snippet by Material type
- 2.1.4. Asia Pacific Implantable Medical Devices Market Snippet by Application
- 2.1.5. Asia Pacific Implantable Medical Devices Market Snippet by End User
- 2.1.6. Asia Pacific Implantable Medical Devices Market Snippet by Country
- 2.2. Competitive Insights
3. Asia Pacific Implantable Medical Devices Key Market Trends
- 3.1. Asia Pacific Implantable Medical Devices Market Drivers
- 3.1.1. Impact Analysis of Market Drivers
- 3.2. Asia Pacific Implantable Medical Devices Market Restraints
- 3.2.1. Impact Analysis of Market Restraints
- 3.3. Asia Pacific Implantable Medical Devices Market Opportunities
- 3.4. Asia Pacific Implantable Medical Devices Market Future Trends
4. Asia Pacific Implantable Medical Devices Industry Study
- 4.1. PEST Analysis
- 4.2. Porter's Five Forces Analysis
- 4.3. Growth Prospect Mapping
- 4.4. Regulatory Framework Analysis
5. Asia Pacific Implantable Medical Devices Market: COVID-19 Impact Analysis
- 5.1. Pre-COVID-19 Impact Analysis
- 5.2. Post-COVID-19 Impact Analysis
- 5.2.1. Top Performing Segments
- 5.2.2. Marginal Growth Segments
- 5.2.3. Top Looser Segments
- 5.2.4. Marginal Loss Segments
6. Asia Pacific Implantable Medical Devices Market Landscape
- 6.1. Asia Pacific Implantable Medical Devices Market Share Analysis, 2023
- 6.2. Breakdown Data, by Key Manufacturer
- 6.2.1. Established Players' Analysis
- 6.2.2. Emerging Players' Analysis
7. Asia Pacific Implantable Medical Devices Market - By Implant Type
- 7.1. Overview
- 7.1.1. Segment Share Analysis, By Implant Type, 2023 & 2032 (%)
- 7.1.2. Active implant
- 7.1.3. Passive implant
8. Asia Pacific Implantable Medical Devices Market - By Product type
- 8.1. Overview
- 8.1.1. Segment Share Analysis, By Product type, 2023 & 2032 (%)
- 8.1.2. Diagnostic
- 8.1.3. Treatment
9. Asia Pacific Implantable Medical Devices Market - By Material type
- 9.1. Overview
- 9.1.1. Segment Share Analysis, By Material type, 2023 & 2032 (%)
- 9.1.2. Metallic
- 9.1.3. Ceramic
- 9.1.4. Polymers
10. Asia Pacific Implantable Medical Devices Market - By Application
- 10.1. Overview
- 10.1.1. Segment Share Analysis, By Product type, 2023 & 2032 (%)
- 10.1.2. Dental implants
- 10.1.3. Orthopedic implants
- 10.1.4. Cardiovascular implants
- 10.1.5. Breast implants
- 10.1.6. Brain implants
- 10.1.7. Others
11. Asia Pacific Implantable Medical Devices Market - By End User
- 11.1. Overview
- 11.1.1. Segment Share Analysis, By Material type, 2023 & 2032 (%)
- 11.1.2. Hospitals
- 11.1.3. Specialty clinics
- 11.1.4. ASCS
- 11.1.5. Others
12. Asia Pacific Implantable Medical Devices Market- By Geography
- 12.1. Introduction
- 12.1.1. Segment Share Analysis, By Geography, 2023 & 2032 (%)
- 12.2. Asia Pacific (APAC)
- 12.2.1. Overview
- 12.2.2. Asia Pacific Implantable Medical Devices Key Manufacturers in Asia Pacific
- 12.2.3. Asia Pacific Market Size and Forecast, By Country, 2019 - 2032 (US$ Million)
- 12.2.4. Asia Pacific Market Size and Forecast, By Implant Type, 2019 - 2032 (US$ Million)
- 12.2.5. Asia Pacific Market Size and Forecast, By Product type, 2019 - 2032 (US$ Million)
- 12.2.6. Asia Pacific Market Size and Forecast, By Material type, 2019 - 2032 (US$ Million)
- 12.2.7. Asia Pacific Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 12.2.8. Asia Pacific Market Size and Forecast, By End User, 2019 - 2032 (US$ Million)
- 12.2.9. India
- 12.2.9.1. Overview
- 12.2.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 12.2.9.3. India Market Size and Forecast, By Implant Type, 2019 - 2032 (US$ Million)
- 12.2.9.4. India Market Size and Forecast, By Product type, 2019 - 2032 (US$ Million)
- 12.2.9.5. India Market Size and Forecast, By Material type, 2019 - 2032 (US$ Million)
- 12.2.9.6. India Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 12.2.9.7. India Market Size and Forecast, By End User, 2019 - 2032 (US$ Million)
- 12.2.10. China
- 12.2.10.1. Overview
- 12.2.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 12.2.10.3. China Market Size and Forecast, By Implant Type, 2019 - 2032 (US$ Million)
- 12.2.10.4. China Market Size and Forecast, By Product type, 2019 - 2032 (US$ Million)
- 12.2.10.5. China Market Size and Forecast, By Material type, 2019 - 2032 (US$ Million)
- 12.2.10.6. China Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 12.2.10.7. China Market Size and Forecast, By End User, 2019 - 2032 (US$ Million)
- 12.2.11. Japan
- 12.2.11.1. Overview
- 12.2.11.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 12.2.11.3. Japan Market Size and Forecast, By Implant Type, 2019 - 2032 (US$ Million)
- 12.2.11.4. China Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 12.2.11.5. China Market Size and Forecast, By End User, 2019 - 2032 (US$ Million)
- 12.2.11.6. Japan Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 12.2.11.7. Japan Market Size and Forecast, By End User, 2019 - 2032 (US$ Million)
- 12.2.12. South Korea
- 12.2.12.1. Overview
- 12.2.12.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 12.2.12.3. South Korea Market Size and Forecast, By Implant Type, 2019 - 2032 (US$ Million)
- 12.2.12.4. South Korea Market Size and Forecast, By Product type, 2019 - 2032 (US$ Million)
- 12.2.12.5. South Korea Market Size and Forecast, By Material type, 2019 - 2032 (US$ Million)
- 12.2.12.6. South Korea Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 12.2.12.7. South Korea Market Size and Forecast, By End User, 2019 - 2032 (US$ Million)
- 12.2.13. Australia
- 12.2.13.1. Overview
- 12.2.13.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 12.2.13.3. Australia Market Size and Forecast, By Implant Type, 2019 - 2032 (US$ Million)
- 12.2.13.4. Australia Market Size and Forecast, By Product type, 2019 - 2032 (US$ Million)
- 12.2.13.5. Australia Market Size and Forecast, By Material type, 2019 - 2032 (US$ Million)
- 12.2.13.6. Australia Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 12.2.13.7. Australia Market Size and Forecast, By End User, 2019 - 2032 (US$ Million)
- 12.2.14. Thailand
- 12.2.14.1. Overview
- 12.2.14.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 12.2.14.3. Thailand Market Size and Forecast, By Implant Type, 2019 - 2032 (US$ Million)
- 12.2.14.4. Thailand Market Size and Forecast, By Product type, 2019 - 2032 (US$ Million)
- 12.2.14.5. Thailand Market Size and Forecast, By Material type, 2019 - 2032 (US$ Million)
- 12.2.14.6. Thailand Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 12.2.14.7. Thailand Market Size and Forecast, By End User, 2019 - 2032 (US$ Million)
- 12.2.15. Indonesia
- 12.2.15.1. Overview
- 12.2.15.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 12.2.15.3. Indonesia Market Size and Forecast, By Implant Type, 2019 - 2032 (US$ Million)
- 12.2.15.4. Indonesia Market Size and Forecast, By Product type, 2019 - 2032 (US$ Million)
- 12.2.15.5. Indonesia Market Size and Forecast, By Material type, 2019 - 2032 (US$ Million)
- 12.2.15.6. Indonesia Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 12.2.15.7. Indonesia Market Size and Forecast, By End User, 2019 - 2032 (US$ Million)
- 12.2.16. Philippines
- 12.2.16.1. Overview
- 12.2.16.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 12.2.16.3. Philippines Market Size and Forecast, By Implant Type, 2019 - 2032 (US$ Million)
- 12.2.16.4. Philippines Market Size and Forecast, By Product type, 2019 - 2032 (US$ Million)
- 12.2.16.5. Philippines Market Size and Forecast, By Material type, 2019 - 2032 (US$ Million)
- 12.2.16.6. Philippines Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 12.2.16.7. Philippines Market Size and Forecast, By End User, 2019 - 2032 (US$ Million)
- 12.2.17. Rest of APAC
- 12.2.17.1. Overview
- 12.2.17.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 12.2.17.3. Rest of APAC Market Size and Forecast, By Implant Type, 2019 - 2032 (US$ Million)
- 12.2.17.4. Philippines Market Size and Forecast, By Product type, 2019 - 2032 (US$ Million)
- 12.2.17.5. Philippines Market Size and Forecast, By Material type, 2019 - 2032 (US$ Million)
- 12.2.17.6. Rest of APAC Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 12.2.17.7. Rest of APAC Market Size and Forecast, By End User, 2019 - 2032 (US$ Million)
13. Key Vendor Analysis- Asia Pacific Implantable Medical Devices Industry
- 13.1. Competitive Dashboard
- 13.2. Company Profiles
- 13.2.1. Abbott Laboratories
- 13.2.2. Boston Scientific Corp
- 13.2.3. Dentsply Sirona Inc
- 13.2.4. Johnson & Johnson, Medtronic Plc
- 13.2.5. Institut Straumann AG
- 13.2.6. Smith & Nephew Plc
- 13.2.7. Biotronik Se & Co Kg
- 13.2.8. Livanova Plc
- 13.2.9. Med-El Elektromedizin Gerate Gesellschaft Mbh
- 13.2.10. Others
14. 360 Degree Analyst View
15. Appendix
- 15.1. Research Methodology
- 15.2. References
- 15.3. Abbreviations
- 15.4. Disclaimer
- 15.5. Contact Us
