The global next generation implants (NGI) market is expected to reach a market size of USD 4.45 Billion in 2028 and register a steady CAGR during the forecast period, according to latest analysis by Emergen Research. Increasing global geriatric population with rising age-related bone diseases is a key factor driving demand for next generation implants. Major companies are focusing on development of next generation medical implants such as cardiac devices, retinal implants, neurostimulators, and blood pressure sensors, which can bring improvements in patients’ lives and help them to continue their daily activities with least amount of discomfort.
The market in Europe accounted for second-largest market share in 2020. Key factors such as growing focus of advanced technologies and increasing aging population are propelling growth of the market in the region.
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Further Key Findings in the Report:
- In April 2019, Biotronik launched Acticor DX and CRT-DX Devices. The new ICD Acticor system offers dual-chamber diagnostics without any requirement of an atrial lead.
- The orthopedic implants segment in the global next generation implants market is expected to register a steady revenue CAGR during forecast period. Rising prevalence of bone-related issues and conditions is a key factor fueling demand for orthopedic implants.
- Key players operating in the market are Abbott Laboratories, Smith & Nephew plc, Johnson & Johnson, Boston Scientific Corporation, C.R. Bard, Inc., Medtronic Public Limited Company, Wright Medical Group N.V, Stryker Corporation, Globus Medical Inc., DENTSPLY SIRONA Inc., and Zimmer Biomet Holdings Inc.
Next Generation Implants (NGI) Market Segmentation:
For the purpose of this report, Emergen Research has segmented the next generation implants (NGI) market based on application, material, end-use, and region as follows:
- Application Outlook (Revenue: USD Billion; 2020–2028)
- Orthopedic Implants
- Cardiovascular Implants
- Ocular Implants
- Dental Implants
- Others
- Material Outlook (Revenue: USD Billion; 2020–2028)
- Metals and Metal Alloys
- Ceramics
- Polymers
- Biologics
- Others
- End-Use Outlook (Revenue: USD Billion; 2020–2028)
-
- Hospitals
- Ambulatory Surgical Centers (ASCs)
- Orthopedic Clinics
- Academic and Research Institutes
Key Geographical Segments:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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Major Objectives of the Study:
- To offer a comprehensive analysis of the market scenario to derive an accurate forecast of the market and its major segments
- Accurate insights into the future growth prospects of the market through an analysis of the influencing factors
- Analysis of vital aspects of the market including cost analysis, supply chain analysis, Porter’s Five Forces analysis, SWOT analysis, and investment return analysis
- Extensive historical and forecast estimation of the market revenue based on its key segments and key regions
- Comprehensive analysis of the competitive landscape of the market along with exhaustive profiling of the key competitors, product portfolio, and manufacturing and production capabilities
- An accurate and comprehensive 8-year forecast for the Next Generation Implants (NGI) industry vertical on both regional and global scale
Table of Content:
Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.3. Methodology
1.4. Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. Next Generation Implants (NGI)Segmentation & Impact Analysis
4.1. Next Generation Implants (NGI)Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
4.2.2.1. Increasing geriatric population
4.2.2.2. Advancements in implant technology
4.2.3. Market restraints analysis
4.2.3.1. High cost for radio medical implants
4.2.3.2. Risk of infection
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
Chapter 5. Next Generation Implants (NGI) Market Application Insights & Trends, Revenue (USD Billion)
5.1. Application Dynamics & Market Share, 2019 & 2027
5.1.1. Orthopedic Implants
5.1.2. Cardiovascular Implants
5.1.3. Ocular Implants
5.1.4. Dental Implants
5.1.5. Others
READ MORE…!
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