Global Smart Implants Market Comprehensive Analysis and Forecast 2023 to 2028
Global Smart Implants Market Overview: 2023-2028
Base Year: 2022
Historical Years: 2018-21
Forecast Years: 2023-2028
The Global Smart Implants Market is projected to grow at a CAGR of around 8.62% during the forecast period, i.e., 2023-28. The Global Smart Implants Market is going through significant growth due to multiple drivers like technological advancements and, of course, increasing healthcare needs. The increase in road accidents throughout the country creates a greater demand for X-rays.
Markntel Advisor’s Global Smart Implants Market Insights report provides the current and forecast market analysis, individual leading companies' market shares, challenges, Global Smart Implants Market drivers, barriers, Global Smart Implants Market Trends, and Key Players in Global Smart Implants Market.
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Global Smart Implants Market Dynamics: 2023-2028
Market Dynamics:
Key Driver: Surge in Adoption of Technological Advancements to Drive the Market
The rapid technological advancements have been majorly contributing to the up-gradation of medical health & services for historical years. The discovery of biocompatibility & bio-inert materials to be used in Osseointegration as well as other implants in the body was considered a breakthrough in the medical devices & healthcare segment. In addition, to increase predictability, secure stabilization of implants, and utilization of minimally invasive methods propelled the use of computer-guided implant surgeries during 2018-2028.
Furthermore, emerging technologies such as cloud computing, artificial intelligence, machine learning, blockchain technology, and virtual reality have transformed the conventional implant strategies & entered into the clinical practice to combat the growing prevalence of infectious & non-communicable diseases. Moreover, the rising adoption of smart sensor technologies to ease the process of post-operative measures is positively impacting the smart implants market across the world. Besides, the wireless communication technology, control monitoring, and smooth assessment of the implants using the latest technologies would further attract the manufacturers to build new technology implants in the coming years.
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Global Smart Implants Market (2023-30): Segmentation Outlook
The market report has segmented the market into the following categories:
By Product Type
-Orthopedic Implants
-Hip Reconstruction
-Knee Reconstruction
-Shoulder Implants
-Spinal Implants
-Trauma Implants
-Dental Implants
-Cardiovascular Implants
-Cochlear Implants
-Others (Ocular, Nasal etc.)
By Material
-Bone Cement (PMMA or Polymethyl Methacrylate)
-Surgical Mesh
-Titanium
-Zirconium
-Polyethylene
-Others (Polyurethane Foam, Silicone, etc.)
By End User
-Hospitals
-Specialty Centers
-Ambulatory Surgery Centers
-Clinics
By Region
-North America
-South America
-Europe
-Middle East & Africa
-Asia-Pacific.
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Top Companies Operating in the Global Smart Implants Market:
Johnson & Johnson Services, Inc., Medtronic, Abbott, Boston Scientific Corporation, Zimmer Biomet, Cochlear Ltd., Biotronik, Nevro Corp., Senseonics, Inc., Nevropace, Aleva Neurotherapeutics SA, Intelligent Implants, Freudenberg Group, AstraZeneca, Integra LifeSciences.
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