Global Implantable Medical Devices Market to Be on the Rise through 2022, States KBV Research in Its Report Available at MarketPublishers.com15 Feb 2017 • by Natalie Aster
LONDON – Nowadays, the world’s market for implantable medical devices is following an upward trend, and this trend is expected to continue in the upcoming years encouraged by various essential factors, including rising incidence of cardiovascular diseases, enhancing adoption of medical implants and rising proportion of the geriatric population. Technological advancements and progress together with developing healthcare infrastructure are also amid important factors that give impetus to the market further growth.
Meantime, the market growth can be significantly hampered by certain reimbursement issues, high cost of medical implants and strict regulations for implants approval.
Regionally, North America was the number one leader in the world market for implantable medical devices in the year 2015. APAC is expected to demonstrate promising CAGR from 2016 up till 2022.
Abbott Laboratories, Conmed Corporation, Johnson & Johnson, Medtronic, Smith And Nephew, C.R. Bard, Cardinal health and Globus Medical are amid the prominent companies engaged in the global implantable medical devices industry.
New research report “Global Implantable Medical Devices Market (2016 - 2022)” developed by Knowledge Based Value Research (KBV Research) delves deep into the global market for implantable medical devices. It describes the situation across the main regional implantable medical devices markets and also explores the market segmentation on the basis of material types, products and countries. The report also focuses on the market dynamics, examines the key market growth drivers, restraints and challenges. Besides, the publication reviews the competitive environment, providing a reader with detailed profiles of the most prominent companies active in the marketplace. A comprehensive future outlook for the market up till 2022 is also at hand in this research study.
More insightful research publications by this publisher are available at its page at MarketPublishers.com.