PUBLISHER: BCC Research | PRODUCT CODE: 1522012
PUBLISHER: BCC Research | PRODUCT CODE: 1522012
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.
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 -