Medical Implants Market - Growth, Trends, and Forecast (2020 - 2025)
|出版商||Mordor Intelligence LLP||商品編碼||921860|
|出版日期||內容資訊||英文 111 Pages
|全球醫療用植入市場:成長，趨勢，及預測(2020年∼2025年) Medical Implants Market - Growth, Trends, and Forecast (2020 - 2025)|
|出版日期: 2020年01月01日||內容資訊: 英文 111 Pages||
The Medical Implants market is anticipated to grow with a CAGR of 7.2%, during the forecast period. The major factors attributing to the growth of the medical implants market are technological advancements in the medical implants and increasing geriatric population as it increases the health issues. For instance, with the increasing aging population, the demand for tooth loss is set to grow. According to the AAID (American Academy Of Implant Dentistry) currently, about 3 million people in the United States have dental implants, and this number is expected to grow by 500,000 annually. Also, there are few factors which are playing pivotal roles in accelerating the medical implants market which includes the hike in disposable income among the people, technological advancements in the implants, and availability of better medical facilities, along with a growing number of cases with damaged limbs or organs caused by different accidents.
However, the high cost of medical implants and stringent regulatory policies are expected to restrain the medical implants market for the forecasted period.
As per the scope of the report, medical implants are devices that often get inserted inside the body to replace malfunctioning organs or limbs, or to boost their working conditions.
Orthopedic Implants Segment is Expected to Hold the Largest Market Share in the Medical Implants Market
North America Dominates the Market
North America currently dominates the global medical implants market and is expected to follow the same trend throughout the forecast period. This is due to factors such as the rising incidence of chronic diseases like arthritis in the country, well-established insurance policies and the availability of advanced healthcare infrastructure. In the North America region, the United States holds the largest market share due to factors such as an increasing number of geriatric populations, along with a growing number of diseases in the country, which is anticipated to stimulate the demand in this region.
The medical implants market is moderate to highly competitive and consists of several major players. In terms of market share, few of the major players are currently dominating the market. Some of the prominent players are vigorously making acquisitions with the other companies to consolidate their market positions across the globe. Some of the companies which are currently dominating the market are Boston Scientific Corporation, CONMED Corporation, Smith & Nephew PLC, Stryker Corporation and Zimmer Biomet.