New Study from StrategyR Highlights a $45.9 Billion Global Market for Implantable Medical Devices by 2026

2022-06-27
合作
SAN FRANCISCO, June 27, 2022 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Implantable Medical Devices - Global Market Trajectory & Analytics". The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.
FACTS AT A GLANCE
New Study from StrategyR Highlights a $45.9 Billion Global Market for Implantable Medical Devices by 2026
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来源: PRNewswire
New Study from StrategyR Highlights a $45.9 Billion Global Market for Implantable Medical Devices by 2026
What's New for 2022?
Global competitiveness and key competitor percentage market shares
Market presence across multiple geographies - Strong/Active/Niche/Trivial
Online interactive peer-to-peer collaborative bespoke updates
Access to our digital archives and MarketGlass Research Platform
Complimentary updates for one year
Edition: 8;
Released: January 2022
Executive Pool: 7459
Coverage: All major geographies and key segments
Segments: Segment (Orthopedic Implants, Dental Implants, Cardiovascular Implants)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.
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ABSTRACT-
Global Implantable Medical Devices Market to Reach $45.9 Billion by 2026
Amid the COVID-19 crisis, the global market for Implantable Medical Devices estimated at US$37.5 Billion, is projected to reach a revised size of US$45.9 Billion by 2026, growing at a CAGR of 3.4% over the analysis period. Orthopedic Implants, one of the segments analyzed in the report, is projected to record a 3% CAGR and reach US$17.6 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Dental Implants segment is readjusted to a revised 3.7% CAGR for the next 7-year period.
The U.S. Market is Estimated at $10.4 Billion in 2021, While China is Forecast to Reach $9.2 Billion by 2026
The Implantable Medical Devices market in the U.S. is estimated at US$10.4 Billion in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$9.2 Billion by the year 2026 trailing a CAGR of 6% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1% and 2.5% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 1.7% CAGR.
Cardiovascular Implants Segment to Reach US$13.3 Billion by the year 2026
In the global Cardiovascular Implants segment, USA, Canada, Japan, China and Europe will drive the 2.9% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$8.2 Billion will reach a projected size of US$10 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets.
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About Global Industry Analysts, Inc. & StrategyR™
Global Industry Analysts, Inc., (www.strategyr.com) is a renowned market research publisher the world`s only influencer driven market research company. Proudly serving more than 42,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for over 33 years.
CONTACTS:
Zak Ali
Director, Corporate Communications
Global Industry Analysts, Inc.
Phone: 1-408-528-9966
www.StrategyR.com
Email: [email protected]
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