Product ID: SQMIG35A2510
Report ID:
SQMIG35A2510 |
Region:
Global |
Published Date: February, 2024
Pages:
165
|
Tables:
130 |
Figures:
77
Implantable Medical Devices Market size was valued at USD 167008.16 million in 2019 and is poised to grow from USD 334722.99 million in 2023 to USD 179032.75 million by 2031, growing at a CAGR of 7.2% in the forecast period (2024-2031).
Devices that are implanted inside or on the surface of the body are known as implantable medical devices. Many implants are prostheses or artificial body components that are meant to replace missing bodily parts. Other implants help organs and tissues by delivering medication, monitoring biological functioning, or providing assistance. The implants can be left in place indefinitely for diagnostic, monitoring, or therapeutic purposes, or they can be taken out when no longer required.
Long-term implants benefit from being in a constant-temperature environment, whereas adhesive joints have extra challenges such as complex loading circumstances and ever-increasing device-lifetime requirements. There has been an increase in the number of age-related diseases as people's lifespans have increased. This has raised a demand for life-extension medical aids such as novel therapies, implants, prostheses, and long-term pharmacological use. Tissues, metals, bones, polymers, skin, ceramics, and other materials are used to make implantable devices; which is expected to increase in near future.
US Implantable Medical Devices Market is poised to grow at a sustainable CAGR for the next forecast year.
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REQUEST FREE CUSTOMIZATIONImplantable Medical Devices Market size was valued at USD 167008.16 million in 2019 and is poised to grow from USD 334722.99 million in 2023 to USD 179032.75 million by 2031, growing at a CAGR of 7.2% in the forecast period (2024-2031).
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Product ID: SQMIG35A2510