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PUBLISHER: Grand View Research | PRODUCT CODE: 1571581
PUBLISHER: Grand View Research | PRODUCT CODE: 1571581
Microelectronic Medical Implants Market Size, Share & Trends Analysis Report By Product (Pacemakers & Defibrillators, Neurostimulators), By Technology (RF Technology, Sensors), By Region And Segment Forecasts, 2024 - 2030
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Microelectronic Medical Implants Market Growth & Trends:
The global microelectronic medical implants market size is anticipated to reach USD 50.18 billion by 2030, according to a new report by Grand View Research, Inc., registering a 6.6% from 2024 to 2030. Increasing prevalence of cardiac disorders, epilepsy, and Parkinson's disease, growing regulatory approvals for new devices and equipment, rising geriatric population, and introduction of new products are key factors driving market growth.
Regulatory authorities such as U.S. FDA have approved several new products and devices to be used by end users, most of which are equipped with new and innovative technologies that cater to varied consumer demands. These technologies also increase the ease of use of these products. For instance, in July 2017, Cochlear Ltd. introduced to the market a cochlear implant sound processor for iPhone. The U.S. FDA approved this innovation in June 2017.
Increasing prevalence of diseases such as epilepsy, cardiac disorders, and Parkinson's disease have upped the sales of microelectronic electronic implants such as defibrillators, pacemakers, and neurostimulators. As per WHO, approximately 50 million people have epilepsy, globally, making it one of the most common neurological disorders. The condition can be treated using neurostimulators that prevent seizures.
Microelectronic Medical Implants Market Report Highlights:
- The pacemakers & defibrillators segment accounted for the largest market share of 34.3% in 2023 owing to increasing incidence of cardiac diseases and rising geriatric population.
- The Radiofrequency (RF) technology segment accounted for the largest market share in 2023. RF technology is used in wireless implants to communicate with the circuitry outside the body.
- North America microelectronic medical implants market dominated the market in 2023. The widespread use of advanced medical technology is attributing to the market growth in the region.
Product Code: GVR-2-68038-318-8
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation and Scope
- 1.2. Market Definitions
- 1.3. Research Methodology
- 1.3.1. Information Procurement
- 1.3.2. Information or Data Analysis
- 1.3.3. Market Formulation & Data Visualization
- 1.3.4. Data Validation & Publishing
- 1.4. Research Scope and Assumptions
- 1.4.1. List of Data Sources
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segment Outlook
- 2.3. Competitive Insights
Chapter 3. Microelectronic Medical Implants Market Variables, Trends, & Scope
- 3.1. Market Introduction/Lineage Outlook
- 3.2. Market Size and Growth Prospects (USD Billion)
- 3.3. Market Dynamics
- 3.3.1. Market Drivers Analysis
- 3.3.2. Market Restraints Analysis
- 3.4. Microelectronic Medical Implants Market Analysis Tools
- 3.4.1. Porter's Analysis
- 3.4.1.1. Bargaining power of the suppliers
- 3.4.1.2. Bargaining power of the buyers
- 3.4.1.3. Threats of substitution
- 3.4.1.4. Threats from new entrants
- 3.4.1.5. Competitive rivalry
- 3.4.2. PESTEL Analysis
- 3.4.2.1. Political landscape
- 3.4.2.2. Economic and Social landscape
- 3.4.2.3. Technological landscape
- 3.4.2.4. Environmental landscape
- 3.4.2.5. Legal landscape
- 3.4.1. Porter's Analysis
Chapter 4. Microelectronic Medical Implants Market: Product Estimates & Trend Analysis
- 4.1. Segment Dashboard
- 4.2. Microelectronic Medical Implants Market: Product Movement Analysis, 2023 & 2030 (USD Million)
- 4.3. Pacemakers & Defibrillators
- 4.3.1. Pacemakers & Defibrillators Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.4. Neurostimulators
- 4.4.1. Neurostimulators Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.5. Implantable Drug Pumps
- 4.5.1. Implantable drug Pumps Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.6. Spinal Fusion Stimulators
- 4.6.1. Spinal Fusion Stimulators Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.7. Cochlear Implants
- 4.7.1. Cochlear Implants Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.8. Ocular Implants
- 4.8.1. Ocular Implants Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.9. Others
- 4.9.1. Other Products Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 5. Microelectronic Medical Implants Market: Technology Estimates & Trend Analysis
- 5.1. Segment Dashboard
- 5.2. Microelectronic Medical Implants Market: Technology Movement Analysis, 2023 & 2030 (USD Million)
- 5.3. RF Technology
- 5.3.1. RF Technology Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.4. Sensors
- 5.4.1. Sensors Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.5. Other Technology
- 5.5.1. Other Technology Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 6. Microelectronic Medical Implants Market: Regional Estimates & Trend Analysis
- 6.1. Microelectronic Medical Implants Market Share, By Region, 2023 & 2030 (USD Million)
- 6.2. North America
- 6.2.1. North America Microelectronic Medical Implants Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.2.2. U.S.
- 6.2.2.1. U.S. Microelectronic Medical Implants Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.2.3. Canada
- 6.2.3.1. Canada Microelectronic Medical Implants Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.2.4. Mexico
- 6.2.4.1. Mexico Microelectronic Medical Implants Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.3. Europe
- 6.3.1. Europe Microelectronic Medical Implants Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.3.2. UK
- 6.3.2.1. UK Microelectronic Medical Implants Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.3.3. Germany
- 6.3.3.1. Germany Microelectronic Medical Implants Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.3.4. France
- 6.3.4.1. France Microelectronic Medical Implants Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.3.5. Italy
- 6.3.5.1. Italy Microelectronic Medical Implants Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.3.6. Spain
- 6.3.6.1. Spain Microelectronic Medical Implants Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.3.7. Denmark
- 6.3.7.1. Denmark Microelectronic Medical Implants Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.3.8. Sweden
- 6.3.8.1. Sweden Microelectronic Medical Implants Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.3.9. Norway
- 6.3.9.1. Norway Microelectronic Medical Implants Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.4. Asia Pacific
- 6.4.1. Asia Pacific Microelectronic Medical Implants Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.4.2. China
- 6.4.2.1. China Microelectronic Medical Implants Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.4.3. Japan
- 6.4.3.1. Japan Microelectronic Medical Implants Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.4.4. India
- 6.4.4.1. India Microelectronic Medical Implants Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.4.5. South Korea
- 6.4.5.1. South Korea Microelectronic Medical Implants Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.4.6. Australia
- 6.4.6.1. Australia Microelectronic Medical Implants Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.4.7. Thailand
- 6.4.7.1. Thailand Microelectronic Medical Implants Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.5. Latin America
- 6.5.1. Latin America Microelectronic Medical Implants Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.5.2. Brazil
- 6.5.2.1. Brazil Microelectronic Medical Implants Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.5.3. Argentina
- 6.5.3.1. Argentina Microelectronic Medical Implants Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.6. Middle East and Africa
- 6.6.1. Middle East and Africa Microelectronic Medical Implants Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.6.2. Saudi Arabia
- 6.6.2.1. Saudi Arabia Microelectronic Medical Implants Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.6.3. UAE
- 6.6.3.1. UAE Microelectronic Medical Implants Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.6.4. South Africa
- 6.6.4.1. South Africa Microelectronic Medical Implants Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.6.5. Kuwait
- 6.6.5.1. Kuwait Microelectronic Medical Implants Market Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 7. Competitive Landscape
- 7.1. Recent Developments & Impact Analysis by Key Market Participants
- 7.2. Company Categorization
- 7.3. Company Heat Map Analysis
- 7.4. Company Profiles
- 7.4.1. Zimmer Biomet
- 7.4.1.1. Participant's Overview
- 7.4.1.2. Financial Performance
- 7.4.1.3. Product Benchmarking
- 7.4.1.4. Recent Developments/ Strategic Initiatives
- 7.4.2. Cochlear Ltd.
- 7.4.2.1. Participant's Overview
- 7.4.2.2. Financial Performance
- 7.4.2.3. Product Benchmarking
- 7.4.2.4. Recent Developments/ Strategic Initiatives
- 7.4.3. Medtronic
- 7.4.3.1. Participant's Overview
- 7.4.3.2. Financial Performance
- 7.4.3.3. Product Benchmarking
- 7.4.3.4. Recent Developments/ Strategic Initiatives
- 7.4.4. Abbott
- 7.4.4.1. Participant's Overview
- 7.4.4.2. Financial Performance
- 7.4.4.3. Product Benchmarking
- 7.4.4.4. Recent Developments/ Strategic Initiatives
- 7.4.5. ZOLL Medical Corporation
- 7.4.5.1. Participant's Overview
- 7.4.5.2. Financial Performance
- 7.4.5.3. Product Benchmarking
- 7.4.5.4. Recent Developments/ Strategic Initiatives
- 7.4.6. Boston Scientific Corporation
- 7.4.6.1. Participant's Overview
- 7.4.6.2. Financial Performance
- 7.4.6.3. Product Benchmarking
- 7.4.6.4. Recent Developments/ Strategic Initiatives
- 7.4.7. LivaNova PLC
- 7.4.7.1. Participant's Overview
- 7.4.7.2. Financial Performance
- 7.4.7.3. Product Benchmarking
- 7.4.7.4. Recent Developments/ Strategic Initiatives
- 7.4.8. Biotronik
- 7.4.8.1. Participant's Overview
- 7.4.8.2. Financial Performance
- 7.4.8.3. Product Benchmarking
- 7.4.8.4. Recent Developments/ Strategic Initiatives
- 7.4.9. Schiller
- 7.4.9.1. Participant's Overview
- 7.4.9.2. Financial Performance
- 7.4.9.3. Product Benchmarking
- 7.4.9.4. Recent Developments/ Strategic Initiatives
- 7.4.10. Koninklijke Philips N.V.
- 7.4.10.1. Participant's Overview
- 7.4.10.2. Financial Performance
- 7.4.10.3. Product Benchmarking
- 7.4.10.4. Recent Developments/ Strategic Initiatives
- 7.4.11. Johnson & Johnson Vision
- 7.4.11.1. Participant's Overview
- 7.4.11.2. Financial Performance
- 7.4.11.3. Product Benchmarking
- 7.4.11.4. Recent Developments/ Strategic Initiatives
- 7.4.1. Zimmer Biomet
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