Vancouver, BC -- (SBWire) -- 04/15/2021 --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.
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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.
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.
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
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Additional information offered by the report:
A complete overview of the global Next Generation Implants (NGI) market.
Detailed examination of the various market dynamics, including drivers, opportunities, challenges, threats, constraints, and development prospects prevailing in the global market.
Diverse market trends observed on regional and global levels. The report also elaborates on the market size and shares governed by the major geographies, combined with a precise growth forecast analysis, cost analysis, micro- and macro-economic indicators, and regulatory framework.
A vivid analysis of the company profiles of the key market contenders operating in the global Next Generation Implants (NGI) market.
Extensive research & development assessment, and a detailed study of the growing demand for new products and the increasing application of the existing and new products.
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
CONTINUED..!!
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Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
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Next Generation Implants (NGI) Market Size, Share, Statistics, Trends, Business Opportunities, Key Players, Drivers and Restraint Research Report by 2028
Growing geriatric population and rising prevalence of bone and age related issues is a key factor boosting revenue growth of the global next generation implants market.