The factors such as increasing prevalence rate of cardiovascular diseases, rising occurrence of neurological disorders, and increasing funds and investments to develop technologically advanced products are likely to contribute to the healthy growth of the market. Moreover, rising elderly population is one of the significant drivers impelling the growth of the market.
New York, May, 2021: Axiom Market Research & Consulting™ added a report on global active implantable medical devices market which includes study on product and end user across various countries of key regions across the globe. The global active implantable medical devices market was projected to grow at a CAGR of 7.32% for the forecast period 2021 to 2027. The global market is estimated and forecasted in terms of revenue (USD Million) generated by the active implantable medical devices market.
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The report analyses the global active implantable medical devices industry based on product, end user, and geography. The product segment of the industry is segmented into implantable cardioverter defibrillators, ventricular assist devices, implantable heart monitors/insertable loop recorders, neurostimulators, and implantable hearing devices. The major end users of active implantable medical devices are hospitals, ambulatory centers, cardiac centers, dental clinics, and others. The global active implantable medical devices market is studied across various key countries of regions such as, North America, Europe, Asia Pacific and Rest of the World.
The key competitors of this market include Medtronic plc, Abbott Laboratories, Boston Scientific Corporation, BIOTRONIK SE & Co. KG, LivaNova PLC, Cochlear Limited, MED-EL, Sonova Holding AG, William Demant Holding A/S, Nurotron Biotechnology Co., Ltd, Zimmer Biomet, Smith & Nephew, Straumann AG, Stryker, Dentsply Sirona, Allergan Inc, Microport Scientific Corporation and CONMED Corporation among others.
Active Implantable Medical Devices Market Regional Trends
North America is expected to witness the fastest growth in upcoming years owing to hold significant share in terms of value. The growing demand for active implantable medical devices in the region is attributed to the well-established healthcare industry across the region. The economies such as the United States, Canada and Mexico are projected to witness fast growth during forecast period due to ongoing technological advancements, growing research and developments in the field of implantable medical devices, and increasing incidence of neurological and cardiovascular diseases.
Active Implantable Medical Devices Market Segmental Highlights
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Research Objectives of Active Implantable Medical Devices Market Report:
Fractional Flow Reserve Market :
https://www.axiommrc.com/product/10402-fractional-flow-reserve-market-report
Cardiovascular Ultrasound System Market :
https://www.axiommrc.com/product/hc1967-cardiovascular-ultrasound-system-market-report
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