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Pharma & Healthcare
Medical Implants Market Size, Share, and Analysis, By Product Type (Orthopaedic Implants, Cardiovascular Implants, Spinal Implant, Neurostimulators, Stents, Stents related Implants, Ophthalmic Implants, Dental Implants, Facial Implants, and Breast Implants, Others), By Biomaterial Type (Metallic Biomaterials, Ceramic Biomaterials, Polymers Biomaterials, and Natural Biomaterials), By End User (Hospitals & Clinics, Speciality Centres, Research Laboratories, Others) and Regional Forecasts, 2022-203
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Medical Implants Market Size, Share, and Analysis, By Product Type (Orthopaedic Implants, Cardiovascular Implants, Spinal Implant, Neurostimulators, Stents, Stents related Implants, Ophthalmic Implants, Dental Implants, Facial Implants, and Breast Implants, Others), By Biomaterial Type (Metallic Biomaterials, Ceramic Biomaterials, Polymers Biomaterials, and Natural Biomaterials), By End User (Hospitals & Clinics, Speciality Centres, Research Laboratories, Others) and Regional Forecasts, 2022-2032
PRODUCT OVERVIEW
Medical Implants market size was USD 94.05 billion in 2021 and projected to grow from USD 115.9 billion in 2023 to USD 204.4 billion by 2032, increasing at a CAGR of 7.3% during the forecast period, 2022-2032.
Medical implant is an artificial device or a tissue, used to restore a damaged biological structure. Medical implants have applications in several areas like neurological, cardiovascular, orthopaedic, dental ailments etc. The materials used for preparing implants are metal, plastic, ceramic or even made from skin, bone, or body tissues. Medical implants are either temporary or permanent and can be withdrawn when required. There might be risks associated with the medical implantation like infections, surgical failure or implant failure. Medical implants are helpful in enhancing the existing biological structure.
MARKET HIGHLIGHTS
Medical Implants Market is expected to project a CAGR of 7.3% during the forecast period, 2022-2032
Medical Implants market is expected to reach USD 204.4 billion, growing at a CAGR of 7.3% during the forecast period owing to the increasing geriatric population and their illnesses leading to the rising medical implantation market. The increasing awareness in people about medical implants and medical insurance policies is expected to boost the medical implant market.
MEDICAL IMPLANTS MARKET SEGMENTATION:
Orthopaedic Implants segment is expected to dominate in the forecast period
Medical Implants Market is classified based on the Product Type into Orthopaedic Implants, Cardiovascular Implants, Spinal Implant, Neurostimulators, Stents, Stents related Implants, Ophthalmic Implants, Dental Implants, Facial Implants, and Breast Implants, Others. Orthopaedic Implants Test segment is expected to dominate market during the forecast period owing to the increasing prevalence of osteoporosis due to the rising geriatric patients and growing physical illness like obesity which require necessity of medical implants thereby, increasing the market growth.
MARKET DYNAMICS:
Growth Drivers
Increasing Geriatric Population is Expected to Boost the Growth of the Market
Rising Awareness Regarding Medical Implants May Boost the Market Growth
Restraint
High Treatment Cost of Medical Implants May Restrain the Market Growth
MEDICAL IMPLANTS MARKET_KEY PLAYERS COVERED:
• Medtronic Plc.
• Johnson and Johnson
• 3M
• Stryker corporation
• Biotronik
• Institut Straumann AG
• LivaNova PLC
• Smith & Nephew plc
• NuVasive, Inc.
• Integra LifeSciences Holding Corporation
• Sorin S.p.A
• Globus Medical, Inc.
• Boston Scientific Corporation
• Conmed Corporation
• Zimmer Biomet
• Other Prominent Players
(Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis)
REGIONAL ANALYSIS
Medical Implants Market is segmented based on regional analysis into five major regions: North America, Latin America, Europe, Asia Pacific and the Middle East and Africa. Asia Pacific region dominated the Medical Implants Market in 2021 and is also expected to dominate over the forecast period due to the presence of growth opportunities for key players of medical implant market and the rising geriatric population which is expected to boost the market growth. The rising awareness on medical implants, availability of trained healthcare professionals is expected to drive medical implants market growth.
MEDICAL IMPLANTS MARKET SCOPE AND SEGMENTS:
Segmentation
Product Type
o Orthopaedic Implants
o Cardiovascular Implants
o Spinal Implant
o Neurostimulator
o Stents
o Stents related Implants
o Ophthalmic Implants
o Dental Implants
o Facial Implants
o Breast Implants
o Others
Biomaterial Type
o Metallic Biomaterials
o Ceramic Biomaterials
o Polymers Biomaterials
o Natural Biomaterials
End User
o Hospitals & Clinics
o Speciality Centres
o Research Laboratories
o Others
Reasons to Purchase this Report
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 3-month post-sales analyst support.
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Table of Content
1 Executive Summary
1.1. Regional Market Share
1.2. Business Trends
1.3. Medical Implants Market: COVID-19 Outbreak
1.4. Regional Trends
1.5. Segmentation Snapshot
2 Research Methodology
2.1. Research Objective
2.2. Research Approach
2.3. Data Sourcing and Methodology
2.4. Primary Research
2.5. Secondary Research
2.5.1. Paid Sources
2.5.2. Public Sources
2.6. Market Size Estimation and Data Triangulation
3 Market Characteristics
3.1. Market Definition
3.2. Medical Implants Market: COVID-19 Impact
3.3. Key Segmentations
3.4. Key Developments
3.5. Allied Industry Data
4 Medical Implants Market – Industry Insights
4.1. Industry Segmentation
4.2. COVID-19 overview on world economy
4.3. Industry ecosystem Channel analysis
4.4. Innovation & Sustainability
5 Macroeconomic Indicators
6 Recent Developments
7 Market Dynamics
7.1. Introduction
7.2. Growth Drivers
7.3. Market Opportunities
7.4. Market Restraints
7.5. Market Trends
8 Risk Analysis
9 Market Analysis
9.1. Porters Five Forces
9.2. PEST Analysis
9.2.1. Political
9.2.2. Economic
9.2.3. Social
9.2.4. Technological
10 Medical Implants Market
10.1. Overview
10.2. Historical Analysis (2016-2020)
10.2.1. Market Size, Y-o-Y Growth (%) and Market Forecast
11 Medical Implants Market Size & Forecast 2022A-2032F
11.1. Overview
11.2. Key Findings
11.3. Market Segmentation
11.3.1. By Product Type
11.3.1.1. Orthopedic Implants
11.3.1.1.1. By Value (USD Million) 2022-2032F
11.3.1.1.2. Market Share (%) 2022-2032F
11.3.1.1.3. Y-o-Y Growth (%) 2022-2032F
11.3.1.2. Cardiovascular Implants
11.3.1.2.1. By Value (USD Million) 2022-2032F
11.3.1.2.2. Market Share (%) 2022-2032F
11.3.1.2.3. Y-o-Y Growth (%) 2022-2032F
11.3.1.3. Spinal Implant
11.3.1.3.1. By Value (USD Million) 2022-2032F
11.3.1.3.2. Market Share (%) 2022-2032F
11.3.1.3.3. Y-o-Y Growth (%) 2022-2032F
11.3.1.4. Neurostimulators
11.3.1.4.1. By Value (USD Million) 2022-2032F
11.3.1.4.2. Market Share (%) 2022-2032F
11.3.1.4.3. Y-o-Y Growth (%) 2022-2032F
11.3.1.5. Stents
11.3.1.5.1. By Value (USD Million) 2022-2032F
11.3.1.5.2. Market Share (%) 2022-2032F
11.3.1.5.3. Y-o-Y Growth (%) 2022-2032F
11.3.1.6. Stents related Implants
11.3.1.6.1. By Value (USD Million) 2022-2032F
11.3.1.6.2. Market Share (%) 2022-2032F
11.3.1.6.3. Y-o-Y Growth (%) 2022-2032F
11.3.1.7. Ophthalmic Implants
11.3.1.7.1. By Value (USD Million) 2022-2032F
11.3.1.7.2. Market Share (%) 2022-2032F
11.3.1.7.3. Y-o-Y Growth (%) 2022-2032F
11.3.1.8. Dental Implants
11.3.1.8.1. By Value (USD Million) 2022-2032F
11.3.1.8.2. Market Share (%) 2022-2032F
11.3.1.8.3. Y-o-Y Growth (%) 2022-2032F
11.3.1.9. Facial Implants
11.3.1.9.1. By Value (USD Million) 2022-2032F
11.3.1.9.2. Market Share (%) 2022-2032F
11.3.1.9.3. Y-o-Y Growth (%) 2022-2032F
11.3.1.10. Breast Implants
11.3.1.10.1. By Value (USD Million) 2022-2032F
11.3.1.10.2. Market Share (%) 2022-2032F
11.3.1.10.3. Y-o-Y Growth (%) 2022-2032F
11.3.1.11. Others
11.3.1.11.1. By Value (USD Million) 2022-2032F
11.3.1.11.2. Market Share (%) 2022-2032F
11.3.1.11.3. Y-o-Y Growth (%) 2022-2032F
11.3.2. By Biomaterial Type
11.3.2.1. Metallic Biomaterials
11.3.2.1.1. By Value (USD Million) 2022-2032F
11.3.2.1.2. Market Share (%) 2022-2032F
11.3.2.1.3. Y-o-Y Growth (%) 2022-2032F
11.3.2.2. Ceramic Biomaterials
11.3.2.2.1. By Value (USD Million) 2022-2032F
11.3.2.2.2. Market Share (%) 2022-2032F
11.3.2.2.3. Y-o-Y Growth (%) 2022-2032F
11.3.2.3. Polymers Biomaterials
11.3.2.3.1. By Value (USD Million) 2022-2032F
11.3.2.3.2. Market Share (%) 2022-2032F
11.3.2.3.3. Y-o-Y Growth (%) 2022-2032F
11.3.2.4. Natural Biomaterials
11.3.2.4.1. By Value (USD Million) 2022-2032F
11.3.2.4.2. Market Share (%) 2022-2032F
11.3.2.4.3. Y-o-Y Growth (%) 2022-2032F
11.3.3. By End User
11.3.3.1. Hospitals & Clinics
11.3.3.1.1. By Value (USD Million) 2022-2032F
11.3.3.1.2. Market Share (%) 2022-2032F
11.3.3.1.3. Y-o-Y Growth (%) 2022-2032F
11.3.3.2. Specialty Centers
11.3.3.2.1. By Value (USD Million) 2022-2032F
11.3.3.2.2. Market Share (%) 2022-2032F
11.3.3.2.3. Y-o-Y Growth (%) 2022-2032F
11.3.3.3. Research Laboratories
11.3.3.3.1. By Value (USD Million) 2022-2032F
11.3.3.3.2. Market Share (%) 2022-2032F
11.3.3.3.3. Y-o-Y Growth (%) 2022-2032F
11.3.3.4. Others
11.3.3.4.1. By Value (USD Million) 2022-2032F
11.3.3.4.2. Market Share (%) 2022-2032F
11.3.3.4.3. Y-o-Y Growth (%) 2022-2032F
12 North America Medical Implants Market Size & Forecast 2022A-2032F
12.1. Overview
12.2. Key Findings
12.3. Market Segmentation
12.3.1. By Product Type
12.3.2. By Biomaterial Type
12.3.3. By End User
12.4. Country
12.4.1. United States
12.4.2. Canada
13 Europe Medical Implants Market Size & Forecast 2022A-2032F
13.1. Overview
13.2. Key Findings
13.3. Market Segmentation
13.3.1. By Product Type
13.3.2. By Biomaterial Type
13.3.3. By End User
13.4. Country
13.4.1. Germany
13.4.2. United Kingdom
13.4.3. France
13.4.4. Italy
13.4.5. Spain
13.4.6. Russia
13.4.7. Rest of Europe (BENELUX, NORDIC, Hungary, Turkey & Poland)
14 Asia Medical Implants Market Size & Forecast 2022A-2032F
14.1. Overview
14.2. Key Findings
14.3. Market Segmentation
14.3.1. By Product Type
14.3.2. By Biomaterial Type
14.3.3. By End User
14.4. By Country
14.4.1. India
14.4.2. China
14.4.3. South Korea
14.4.4. Japan
14.4.5. Rest of APAC
15 Middle East and Africa Medical Implants Market Size & Forecast 2022A-2032F
15.1. Overview
15.2. Key Findings
15.3. Market Segmentation
15.3.1. By Product Type
15.3.2. By Biomaterial Type
15.3.3. By End User
15.4. Country
15.4.1. Israel
15.4.2. GCC
15.4.3. North Africa
15.4.4. South Africa
15.4.5. Rest of Middle East and Africa
16 Latin America Medical Implants Market Size & Forecast 2022A-2032F
16.1. Overview
16.2. Key Findings
16.3. Market Segmentation
16.3.1. By Product Type
16.3.2. By Biomaterial Type
16.3.3. By End User
16.4. Country
16.4.1. Mexico
16.4.2. Brazil
16.4.3. Rest of Latin America
17 Competitive Landscape
17.1. Company market share, 2021
17.2. Key player overview
17.3. Key stakeholders
18 Company Profiles
18.1. Medtronic Plc.
18.1.1. Company Overview
18.1.2. Financial Overview
18.1.3. Key Product; Analysis
18.1.4. Company Assessment
18.1.4.1. Product Portfolio
18.1.4.2. Key Clients
18.1.4.3. Market Share
18.1.4.4. Recent News & Development (Last 3 Yrs.)
18.1.4.5. Executive Team
18.2. Johnson and Johnson
18.3. 3M
18.4. Stryker corporation
18.5. Biotronik
18.6. Institut Straumann AG
18.7. LivaNova PLC
18.8. Smith & Nephew plc
18.9. NuVasive, Inc.
18.10. Integra LifeSciences Holding Corporation
18.11. Sorin S.p.A
18.12. Globus Medical, Inc.
18.13. Boston Scientific Corporation
18.14. Conmed Corporation
18.15. Zimmer Biomet
18.16. Other Prominent Players
19 Appendix
20 Consultant Recommendation
Tables and Figures
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KEY PLAYERS COVERED:
• Medtronic Plc.
• Johnson and Johnson
• 3M
• Stryker corporation
• Biotronik
• Institut Straumann AG
• LivaNova PLC
• Smith & Nephew plc
• NuVasive, Inc.
• Integra LifeSciences Holding Corporation
• Sorin S.p.A
• Globus Medical, Inc.
• Boston Scientific Corporation
• Conmed Corporation
• Zimmer Biomet
• Other Prominent Player
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