Active Implantable Medical Devices Market INDUSTRY INSIGHTS, TRENDS, OUTLOOK, AND OPPORTUNITY ANALYSIS, 2016–2024
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REPORT DESCRIPTION Active Implantable Medical Devices Market : Overview Active implantable medical devices are medical devices totally or partially introduced into the body by a surgical procedure in a natural orifice and remains in that position afterward procedures as well. Active medical devices function by relying on electrical energy or any other power source, which is not generated by the human body. Active implantable medical devices fall into highest risk categories of medical devices listing of the U.S. Food & Drug Administration (FDA). Active implantable medical devices include implantable pacemaker, cochlear implants, implantable defibrillators, drug infusion pumps, neurostimulator, cardiac resynchronization therapy devices, and others. Active implantable medical devices play a significant role in management of a number of diseases such as cardiovascular devices, Parkinson’s disease, epilepsy, spasticity, and patients with hearing or visual impairment.
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REPORT DESCRIPTION Active Implantable Medical Devices Market : Growth Leading players in the market are focusing on development and launching of new products in order to remain competitive in the market and retain their market share. Initially, these devices were large in size, however, miniaturization of pacemakers and ICDs has simplified the implantation procedure and miniaturization of the products reflects the continuous innovation in the products. This is expected to fuel demand for such products, in turn reflecting growth of the market. For instance, Medtronic’s first leadless pacemaker Micra TPS was approved by the U.S. Food & Drug Administration in 2016 and is known to be the smallest pacemaker. Other innovations such as cardiac contractility modulation, and wireless pacing are expected to positively impact growth of the active implantable medical devices market.
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REPORT DESCRIPTION Active Implantable Medical Devices Market : Key Players ● ● ● ● ● ● ● ● ●
Cochlear Limited Boston Scientific Corporation Medtronic Plc LivaNova Plc Abbott Laboratories Sonova Holding AG William Demant holding A/S Nurotron Biotechnology Co., Ltd. Med-EL.
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