Leading Players of the Market
Abiomed Inc, Biomet Inc., Cyberonics Inc., Envoy Medical, Medtronic Inc., Microsemi Corporation., Neuropace Inc., Retina Implant AG, St. Jude Medical Inc., Worldheart Corporation. and others
The report of Microelectronic Medical Implants market by Market Research Future comprises extensive primary research along with the detail analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain a deeper insight of the market and industry performance and providing an overview of key players and their strategic profiling in the market; comprehensively analyzing their core competencies and drawing the market’s competitive structure.
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The market has observed rapid growth on account of the rising prevalence of cardiac disorders such as cardiac arrest, heart failure, artery diseases, stroke. Such cardiac diseases accelerate the demand for medical implants such as Pacemakers, Defibrillators, and Neurostimulators which positively impact market growth.
Segments for Global Microelectronic Medical Implants Market
By product – neurostimulators, drug infusion pumps, and others.
By application – pacemakers, defibrillators, neurostimulators, spinal fusion stimulators, implantable drug pumps, hearing implants, eye implants, ocular implants and others.
Regional Analysis
North America accounts for the largest share of the market owing to favorable government policies and growing incidences of cardiac diseases in the region and is expected to grow at a CAGR of 8.7% over the forecast period. Europe follows North America closely and is expected to grow at a CAGR of 8.9% over the forecast period.
The Asia Pacific is slated to emerge as the fastest-growing market owing to the growing healthcare sector and increased medical expenditure in the region. Moreover, the region has a large patient pool which provides growth opportunities in the future.
Intended Audience
- Microelectronic Medical Implants Manufacturers
- Pharmaceutical companies
- Biotechnology Companies
- Academic research institutes
- Government institutes
Table Of Contents
1 Introduction
1.1 Definition
1.2 Scope Of Study
1.3 Research Objective
1.4 Assumptions & Limitations
1.5 Market Structure:
2 Research Methodology
2.1 Research Process
2.2 Primary Research
2.3 Secondary Research
3 Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
3.5 Macroeconomic Indicators
4 Market Factor Analysis
4.1 Porter’s Five Forces Model
4.1.1 Bargaining Power Of Suppliers
4.1.2 Bargaining Power Of Customer
4.1.3 Intensity Of Competitor’s
4.1.4 Threat Of New Entrants
5 Global Microelectronic Medical Implants Market, By Product
5.1 Introduction
5.1.1 Neurostimulators
5.1.2 Drug Infusion Pumps
5.1.3 Others
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Industry/ Innovation/ Related News:
January 29, 2019 —- A group of Spanish scientists from Barcelona Microelectronics Institute, CIBER in Bioengineering, and Catalan Institute of Nano sciences & Nanotechnology published their study of technology they invented as a collaboration project. These researched have found a new grapheme-based implant that can map the brains activity below 0.1 Hz of frequency. The prototype created at Barcelona Microelectronics Institute will help in understanding the brains activity exponentially.
November 18, 2018 —- Silvaco, Inc. (the US), a privately-owned provider of electronic design automation software and TCAD process and device simulation software announced its collaboration with the Institute for Microelectronics, TU Wien, one of the major universities in Vienna (Austria) for new MRAM device technology development.
June 29, 2018 —- Researchers at California Institute of Technology (the US), announced the developments of a wireless pressure-sensing eye implant that could help prevent blindness.
This highly-sensitive, miniaturized, and fully wireless implantable pressure sensor is been designed by bringing together novel packaging and microelectronic technologies, and in close collaborations with ophthalmologists.
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