NEW YORK, Feb. 25, 2020 /PRNewswire/ -- Artificial Implants market worldwide is projected to grow by US$29.5 Billion, driven by a compounded growth of 5.8%. Cardiac Implants, one of the segments analyzed and sized in this study, displays the potential to grow at over 6.9%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$41.5 Billion by the year 2025, Cardiac Implants will bring in healthy gains adding significant momentum to global growth.
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- Representing the developed world, the United States will maintain a 4.3% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$1 Billion to the region's size and clout in the next 5 to 6 years. Over US$812.2 Million worth of projected demand in the region will come from Rest of Europe markets. In Japan, Cardiac Implants will reach a market size of US$1.9 Billion by the close of the analysis period. As the world's second largest economy and the new game changer in global markets, China exhibits the potential to grow at 9.4% over the next couple of years and add approximately US$9.1 Billion in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders. Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific, Latin America and the Middle East. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.
- Competitors identified in this market include, among others,
- Abiomed, Inc.
- Bicon, LLC
- Biotronik SE & Co. KG
- Boston Scientific Corporation
- Cochlear Limited
- Dentsply Sirona
- DePuy Synthes Companies
- Exactech Inc.
- GS Medical LLC
- Institut Straumann AG
- Integra Lifesciences Holdings Corporation
- Japan Medical Dynamic Marketing Inc.
- MED-EL Medical Electronics
- Medtronic plc
- Nobel Biocare Services AG
- RTI Surgical, Inc.
- Showa Ika Kohgyo Co., Ltd
- Smith & Nephew Plc
- St. Jude Medical, Inc.
- Sonova Holding AG
- Stryker Corporation
- TTK Healthcare, Ltd.
- Terumo Corporation
- Wright Medical Group N.V.
- Zimmer Biomet Holdings, Inc.
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I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Artificial Implants on High Growth Trajectory
Recent Market Activity
Current & Future Analysis
Spinal Implant Market
Spine Implants & Biologics Market - An Overview
Cost of Implants - Determining Factors
Cardiac Pacemakers Market - An Overview
Demand Determinants
Developed Markets Stabilize
Emerging Markets to the Fore
Aging Population - A Perennial Driver of Growth
Growing Life Expectancy
Global Obesity Epidemic: Important Opportunity Indicator
Hip and Knee Implants Market
Global Competitor Market Shares
Artificial Implants Competitor Market Share Scenario Worldwide
(in %): 2020 & 2029
2. FOCUS ON SELECT PLAYERS
Abiomed, Inc. (USA)
Bicon, LLC (USA)
Biotronik SE & Co. KG (Germany)
Boston Scientific Corporation (USA)
Cochlear Limited (Australia)
Dentsply Sirona (USA)
DePuy Synthes Companies (USA)
Exactech Inc. (USA)
GS Medical LLC (USA)
Institut Straumann AG (Switzerland)
Integra Lifesciences Holdings Corporation (USA)
Japan Medical Dynamic Marketing Inc. (Japan)
MED-EL Medical Electronics (Austria)
Medtronic plc (Ireland)
Nobel Biocare Services AG (Sweden)
RTI Surgical, Inc. (USA)
Showa Ika Kohgyo Co., Ltd (Japan)
Smith & Nephew Plc (UK)
St. Jude Medical, Inc. (USA)
Sonova Holding AG (Switzerland)
Advanced Bionics Corporation (USA)
Stryker Corporation (USA)
TTK Healthcare, Ltd. (India)
Terumo Corporation (Japan)
Wright Medical Group N.V. (Netherlands)
Zimmer Biomet Holdings, Inc. (USA)
Biomet 3i, Inc. (USA)
3. MARKET TRENDS & DRIVERS
Advanced Materials & Technologies Foster Orthopedic Implants
Growth
Revision Procedures Buoy Growth in Orthopedic Implants Market
Reduced Post-Surgical Complications Drive Hip and Knee
Replacements
Demand for Premium Implants Continues
Gender-Specific Orthopedic Devices Gain Momentum
Concerns Regarding Metal-on-Metal Hip Implants
Future of Reconstructive Sector
Competition in the Orthopedic Implants Market - Largely Stagnant
Growing Presence of Mid-Tier Firms & Start-Ups in Spinal Segment
Competition Intensifies in the Global Spinal Implant Market
Increasing Incidence of Knee/Hip Replacement Surgeries in
Developed Nations
Technological Advancements Encourage Young Patients to Opt for
Surgeries
Cementless Procedures Gain Ground
Fully Integrated Prosthetic Limbs & Bionic Implants: Future Trend
Key Technology Advancements in Spinal Implants
Future Materials for Spinal Implants
Innovations in Bio-Friendly Orthopedic Implants
Biologically-Compatible Implants to Treat Fractured Bones
Biomedical Textiles for Orthopedic Implants
Biodegradable Magnesium - Future Material for Orthopedic Implants
'Smart' Orthopedic Implants
Rising Popularity of Aesthetic & Cosmetic Dentistry to Spur
Opportunities for Implants
Implant Benefits Lead to Increased Consumer Acceptance
Spurt in Dental Tourism Offers Growth Opportunities
Dental Implant - A Small Segment in the Tooth Replacement Market
Regional Prospects for Dental Implants in a Nutshell
Europe Ahead in Dental Implants
Emerging Markets to Drive Dental Implants Market
Implants to be a Preferred Choice in Tooth Replacement in Future
Lower Penetration and Economic Recovery to Drive Future Growth
Developed Countries Still Far Off from Market Maturity
Penetration Rates Determine Future Growth Prospects
Lack of Insurance Coverage - A Growth Deterrent
Battle Intensifies between Premium, Value and Discount Implant
Brands
Technological Advancements Drive Growth of Dental Implants Market
Digitalization Trend & CAD/CAM Technology
Innovation to Strengthen Market Share of Leading Players
Innovation to Further Strengthen the Market Shares of Leading
Players
Replacements to Drive the Growth of ICDs
Implantable Cardioverter Defibrillators (ICDs)
ICDs in Pediatric Care Show Promise
New Generation ICDs Feature Superior Benefits
ICD Lead Failure Demands Immediate Attention
Regulatory Developments Ensure Greater Device Reliability
Market Shapes Up After the Recall Shock
Pacemakers Ensure Effective Management of Non-Systolic Heart
Failures
Decline in Average Selling Price
Threat form CRT-D Devices
Breathing Disorders in Patients Implanted with Pacemakers:
A Cause for Concern
Innovations Spark Growth
Technologically Advanced Compact Models Hold Growth Potential
Remote Monitoring Capabilities Expand Cardiac Pacemaker
Applications
Advent of Digital Pacemakers
Submicrometer CMOS Technologies to Improve Performance of
Cardiac Pacemakers
Transcatheter Heart Valves Market Poised for Growth
Tissue Valves Prevail Over Mechanical Valves
Under-Treated Population Spike Potential
Destination Therapy - A Potential Opportunity in Ventricular
Assist Devices
Demographic Factors Drive Demand for Cardiological Devices
Alarming Cardiovascular Disease Statistics Spell Opportunity
for Cardiac Implants
Cochlear Implants Gain Visibility
Adoption Still Low for Cochlear Implants
Overcoming Social Stigma - Critical to Boost Penetration for
Cochlear Implants
Researchers Investigate Potential Cochlear Implant Devoid of
External Hardware
Encouraging Efforts to Achieve Natural Hearing Using Implants
Major Advancements in Cochlear Implant Services and Technology
Innovative Speech Recognition Materials
Enhanced Surgical Techniques
Automatic Scene Classification
Implants for Single-Sided Deafness
Bilateral Cochlear Implantation
Dual Microphone Directional Technology
Wireless Technology & Signal Processing Algorithms
Early Intervention for Congenital Hearing Loss
Electroacoustic Stimulation
4. GLOBAL MARKET PERSPECTIVE
Table 1: Artificial Implants Global Market Estimates and
Forecasts in US$ Million by Region/Country: 2018-2025
Table 2: Artificial Implants Global Retrospective Market
Scenario in US$ Million by Region/Country: 2009-2017
Table 3: Artificial Implants Market Share Shift across Key
Geographies Worldwide: 2009 VS 2019 VS 2025
Table 4: Cardiac Implants (Product Type) World Market by
Region/Country in US$ Million: 2018 to 2025
Table 5: Cardiac Implants (Product Type) Historic Market
Analysis by Region/Country in US$ Million: 2009 to 2017
Table 6: Cardiac Implants (Product Type) Market Share Breakdown
of Worldwide Sales by Region/Country: 2009 VS 2019 VS 2025
Table 7: Spinal Implants (Product Type) Potential Growth
Markets Worldwide in US$ Million: 2018 to 2025
Table 8: Spinal Implants (Product Type) Historic Market
Perspective by Region/Country in US$ Million: 2009 to 2017
Table 9: Spinal Implants (Product Type) Market Sales Breakdown
by Region/Country in Percentage: 2009 VS 2019 VS 2025
Table 10: Knee Implants (Product Type) Geographic Market Spread
Worldwide in US$ Million: 2018 to 2025
Table 11: Knee Implants (Product Type) Region Wise Breakdown of
Global Historic Demand in US$ Million: 2009 to 2017
Table 12: Knee Implants (Product Type) Market Share
Distribution in Percentage by Region/Country: 2009 VS 2019 VS
2025
Table 13: Hip Implants (Product Type) World Market Estimates
and Forecasts by Region/Country in US$ Million: 2018 to 2025
Table 14: Hip Implants (Product Type) Market Historic Review by
Region/Country in US$ Million: 2009 to 2017
Table 15: Hip Implants (Product Type) Market Share Breakdown by
Region/Country: 2009 VS 2019 VS 2025
Table 16: Dental Implants (Product Type) World Market by
Region/Country in US$ Million: 2018 to 2025
Table 17: Dental Implants (Product Type) Historic Market
Analysis by Region/Country in US$ Million: 2009 to 2017
Table 18: Dental Implants (Product Type) Market Share
Distribution in Percentage by Region/Country: 2009 VS 2019 VS
2025
Table 19: Cochlear Implants (Product Type) World Market
Estimates and Forecasts in US$ Million by Region/Country: 2018
to 2025
Table 20: Cochlear Implants (Product Type) Market Worldwide
Historic Review by Region/Country in US$ Million: 2009 to 2017
Table 21: Cochlear Implants (Product Type) Market Percentage
Share Distribution by Region/Country: 2009 VS 2019 VS 2025
Table 22: Extremities Implants (Product Type) Market
Opportunity Analysis Worldwide in US$ Million by
Region/Country: 2018 to 2025
Table 23: Extremities Implants (Product Type) Global Historic
Demand in US$ Million by Region/Country: 2009 to 2017
Table 24: Extremities Implants (Product Type) Market Share
Distribution in Percentage by Region/Country: 2009 VS 2019 VS
2025
III. MARKET ANALYSIS
GEOGRAPHIC MARKET ANALYSIS
UNITED STATES
Market Facts & Figures
US Artificial Implants Market Share (in %) by Company: 2020 & 2025
Market Analytics
Table 25: United States Artificial Implants Market Estimates
and Projections in US$ Million by Product Type: 2018 to 2025
Table 26: Artificial Implants Market in the United States by
Product Type: A Historic Review in US$ Million for 2009-2017
Table 27: United States Artificial Implants Market Share
Breakdown by Product Type: 2009 VS 2019 VS 2025
CANADA
Table 28: Canadian Artificial Implants Market Estimates and
Forecasts in US$ Million by Product Type: 2018 to 2025
Table 29: Canadian Artificial Implants Historic Market Review
by Product Type in US$ Million: 2009-2017
Table 30: Artificial Implants Market in Canada: Percentage
Share Breakdown of Sales by Product Type for 2009, 2019, and
2025
JAPAN
Table 31: Japanese Market for Artificial Implants: Annual Sales
Estimates and Projections in US$ Million by Product Type for
the Period 2018-2025
Table 32: Artificial Implants Market in Japan: Historic Sales
Analysis in US$ Million by Product Type for the Period
2009-2017
Table 33: Japanese Artificial Implants Market Share Analysis by
Product Type: 2009 VS 2019 VS 2025
CHINA
Table 34: Chinese Artificial Implants Market Growth Prospects
in US$ Million by Product Type for the Period 2018-2025
Table 35: Artificial Implants Historic Market Analysis in China
in US$ Million by Product Type: 2009-2017
Table 36: Chinese Artificial Implants Market by Product Type:
Percentage Breakdown of Sales for 2009, 2019, and 2025
EUROPE
Market Facts & Figures
European Artificial Implants Market: Competitor Market Share
Scenario (in %) for 2020 & 2025
Market Analytics
Table 37: European Artificial Implants Market Demand Scenario
in US$ Million by Region/Country: 2018-2025
Table 38: Artificial Implants Market in Europe: A Historic
Market Perspective in US$ Million by Region/Country for the
Period 2009-2017
Table 39: European Artificial Implants Market Share Shift by
Region/Country: 2009 VS 2019 VS 2025
Table 40: European Artificial Implants Market Estimates and
Forecasts in US$ Million by Product Type: 2018-2025
Table 41: Artificial Implants Market in Europe in US$ Million
by Product Type: A Historic Review for the Period 2009-2017
Table 42: European Artificial Implants Market Share Breakdown
by Product Type: 2009 VS 2019 VS 2025
FRANCE
Table 43: Artificial Implants Market in France by Product Type:
Estimates and Projections in US$ Million for the Period
2018-2025
Table 44: French Artificial Implants Historic Market Scenario
in US$ Million by Product Type: 2009-2017
Table 45: French Artificial Implants Market Share Analysis by
Product Type: 2009 VS 2019 VS 2025
GERMANY
Table 46: Artificial Implants Market in Germany: Recent Past,
Current and Future Analysis in US$ Million by Product Type for
the Period 2018-2025
Table 47: German Artificial Implants Historic Market Analysis
in US$ Million by Product Type: 2009-2017
Table 48: German Artificial Implants Market Share Breakdown by
Product Type: 2009 VS 2019 VS 2025
ITALY
Table 49: Italian Artificial Implants Market Growth Prospects
in US$ Million by Product Type for the Period 2018-2025
Table 50: Artificial Implants Historic Market Analysis in Italy
in US$ Million by Product Type: 2009-2017
Table 51: Italian Artificial Implants Market by Product Type:
Percentage Breakdown of Sales for 2009, 2019, and 2025
UNITED KINGDOM
Table 52: United Kingdom Market for Artificial Implants: Annual
Sales Estimates and Projections in US$ Million by Product Type
for the Period 2018-2025
Table 53: Artificial Implants Market in the United Kingdom:
Historic Sales Analysis in US$ Million by Product Type for the
Period 2009-2017
Table 54: United Kingdom Artificial Implants Market Share
Analysis by Product Type: 2009 VS 2019 VS 2025
SPAIN
Table 55: Spanish Artificial Implants Market Estimates and
Forecasts in US$ Million by Product Type: 2018 to 2025
Table 56: Spanish Artificial Implants Historic Market Review by
Product Type in US$ Million: 2009-2017
Table 57: Artificial Implants Market in Spain: Percentage Share
Breakdown of Sales by Product Type for 2009, 2019, and 2025
RUSSIA
Table 58: Russian Artificial Implants Market Estimates and
Projections in US$ Million by Product Type: 2018 to 2025
Table 59: Artificial Implants Market in Russia by Product Type:
A Historic Review in US$ Million for 2009-2017
Table 60: Russian Artificial Implants Market Share Breakdown by
Product Type: 2009 VS 2019 VS 2025
REST OF EUROPE
Table 61: Rest of Europe Artificial Implants Market Estimates
and Forecasts in US$ Million by Product Type: 2018-2025
Table 62: Artificial Implants Market in Rest of Europe in US$
Million by Product Type: A Historic Review for the Period
2009-2017
Table 63: Rest of Europe Artificial Implants Market Share
Breakdown by Product Type: 2009 VS 2019 VS 2025
ASIA-PACIFIC
Table 64: Asia-Pacific Artificial Implants Market Estimates and
Forecasts in US$ Million by Region/Country: 2018-2025
Table 65: Artificial Implants Market in Asia-Pacific: Historic
Market Analysis in US$ Million by Region/Country for the Period
2009-2017
Table 66: Asia-Pacific Artificial Implants Market Share
Analysis by Region/Country: 2009 VS 2019 VS 2025
Table 67: Artificial Implants Market in Asia-Pacific by Product
Type: Estimates and Projections in US$ Million for the Period
2018-2025
Table 68: Asia-Pacific Artificial Implants Historic Market
Scenario in US$ Million by Product Type: 2009-2017
Table 69: Asia-Pacific Artificial Implants Market Share
Analysis by Product Type: 2009 VS 2019 VS 2025
AUSTRALIA
Table 70: Artificial Implants Market in Australia: Recent Past,
Current and Future Analysis in US$ Million by Product Type for
the Period 2018-2025
Table 71: Australian Artificial Implants Historic Market
Analysis in US$ Million by Product Type: 2009-2017
Table 72: Australian Artificial Implants Market Share Breakdown
by Product Type: 2009 VS 2019 VS 2025
INDIA
Table 73: Indian Artificial Implants Market Estimates and
Forecasts in US$ Million by Product Type: 2018 to 2025
Table 74: Indian Artificial Implants Historic Market Review by
Product Type in US$ Million: 2009-2017
Table 75: Artificial Implants Market in India: Percentage Share
Breakdown of Sales by Product Type for 2009, 2019, and 2025
SOUTH KOREA
Table 76: Artificial Implants Market in South Korea: Recent
Past, Current and Future Analysis in US$ Million by Product
Type for the Period 2018-2025
Table 77: South Korean Artificial Implants Historic Market
Analysis in US$ Million by Product Type: 2009-2017
Table 78: Artificial Implants Market Share Distribution in
South Korea by Product Type: 2009 VS 2019 VS 2025
REST OF ASIA-PACIFIC
Table 79: Rest of Asia-Pacific Market for Artificial Implants:
Annual Sales Estimates and Projections in US$ Million by
Product Type for the Period 2018-2025
Table 80: Artificial Implants Market in Rest of Asia-Pacific:
Historic Sales Analysis in US$ Million by Product Type for the
Period 2009-2017
Table 81: Rest of Asia-Pacific Artificial Implants Market Share
Analysis by Product Type: 2009 VS 2019 VS 2025
LATIN AMERICA
Table 82: Latin American Artificial Implants Market Trends by
Region/Country in US$ Million: 2018-2025
Table 83: Artificial Implants Market in Latin America in US$
Million by Region/Country: A Historic Perspective for the
Period 2009-2017
Table 84: Latin American Artificial Implants Market Percentage
Breakdown of Sales by Region/Country: 2009, 2019, and 2025
Table 85: Latin American Artificial Implants Market Growth
Prospects in US$ Million by Product Type for the Period
2018-2025
Table 86: Artificial Implants Historic Market Analysis in Latin
America in US$ Million by Product Type: 2009-2017
Table 87: Latin American Artificial Implants Market by Product
Type: Percentage Breakdown of Sales for 2009, 2019, and 2025
ARGENTINA
Table 88: Argentinean Artificial Implants Market Estimates and
Forecasts in US$ Million by Product Type: 2018-2025
Table 89: Artificial Implants Market in Argentina in US$
Million by Product Type: A Historic Review for the Period
2009-2017
Table 90: Argentinean Artificial Implants Market Share
Breakdown by Product Type: 2009 VS 2019 VS 2025
BRAZIL
Table 91: Artificial Implants Market in Brazil by Product Type:
Estimates and Projections in US$ Million for the Period
2018-2025
Table 92: Brazilian Artificial Implants Historic Market
Scenario in US$ Million by Product Type: 2009-2017
Table 93: Brazilian Artificial Implants Market Share Analysis
by Product Type: 2009 VS 2019 VS 2025
MEXICO
Table 94: Artificial Implants Market in Mexico: Recent Past,
Current and Future Analysis in US$ Million by Product Type for
the Period 2018-2025
Table 95: Mexican Artificial Implants Historic Market Analysis
in US$ Million by Product Type: 2009-2017
Table 96: Mexican Artificial Implants Market Share Breakdown by
Product Type: 2009 VS 2019 VS 2025
REST OF LATIN AMERICA
Table 97: Rest of Latin America Artificial Implants Market
Estimates and Projections in US$ Million by Product Type: 2018
to 2025
Table 98: Artificial Implants Market in Rest of Latin America
by Product Type: A Historic Review in US$ Million for 2009-2017
Table 99: Rest of Latin America Artificial Implants Market
Share Breakdown by Product Type: 2009 VS 2019 VS 2025
MIDDLE EAST
Table 100: The Middle East Artificial Implants Market Estimates
and Forecasts in US$ Million by Region/Country: 2018-2025
Table 101: Artificial Implants Market in the Middle East by
Region/Country in US$ Million: 2009-2017
Table 102: The Middle East Artificial Implants Market Share
Breakdown by Region/Country: 2009, 2019, and 2025
Table 103: The Middle East Artificial Implants Market Estimates
and Forecasts in US$ Million by Product Type: 2018 to 2025
Table 104: The Middle East Artificial Implants Historic Market
by Product Type in US$ Million: 2009-2017
Table 105: Artificial Implants Market in the Middle East:
Percentage Share Breakdown of Sales by Product Type for 2009,
2019, and 2025
IRAN
Table 106: Iranian Market for Artificial Implants: Annual Sales
Estimates and Projections in US$ Million by Product Type for
the Period 2018-2025
Table 107: Artificial Implants Market in Iran: Historic Sales
Analysis in US$ Million by Product Type for the Period
2009-2017
Table 108: Iranian Artificial Implants Market Share Analysis by
Product Type: 2009 VS 2019 VS 2025
ISRAEL
Table 109: Israeli Artificial Implants Market Estimates and
Forecasts in US$ Million by Product Type: 2018-2025
Table 110: Artificial Implants Market in Israel in US$ Million
by Product Type: A Historic Review for the Period 2009-2017
Table 111: Israeli Artificial Implants Market Share Breakdown
by Product Type: 2009 VS 2019 VS 2025
SAUDI ARABIA
Table 112: Saudi Arabian Artificial Implants Market Growth
Prospects in US$ Million by Product Type for the Period
2018-2025
Table 113: Artificial Implants Historic Market Analysis in
Saudi Arabia in US$ Million by Product Type: 2009-2017
Table 114: Saudi Arabian Artificial Implants Market by Product
Type: Percentage Breakdown of Sales for 2009, 2019, and 2025
UNITED ARAB EMIRATES
Table 115: Artificial Implants Market in the United Arab
Emirates: Recent Past, Current and Future Analysis in US$
Million by Product Type for the Period 2018-2025
Table 116: United Arab Emirates Artificial Implants Historic
Market Analysis in US$ Million by Product Type: 2009-2017
Table 117: Artificial Implants Market Share Distribution in
United Arab Emirates by Product Type: 2009 VS 2019 VS 2025
REST OF MIDDLE EAST
Table 118: Artificial Implants Market in Rest of Middle East:
Recent Past, Current and Future Analysis in US$ Million by
Product Type for the Period 2018-2025
Table 119: Rest of Middle East Artificial Implants Historic
Market Analysis in US$ Million by Product Type: 2009-2017
Table 120: Rest of Middle East Artificial Implants Market Share
Breakdown by Product Type: 2009 VS 2019 VS 2025
AFRICA
Table 121: African Artificial Implants Market Estimates and
Projections in US$ Million by Product Type: 2018 to 2025
Table 122: Artificial Implants Market in Africa by Product
Type: A Historic Review in US$ Million for 2009-2017
Table 123: African Artificial Implants Market Share Breakdown
by Product Type: 2009 VS 2019 VS 2025
IV. COMPETITION
Total Companies Profiled: 242
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