Market Research for Active Implantable Medical Devices market 2018 JULY 2018
Active Implantable Medical Devices Market by Product (Implantable Cardioverter
Defibrillators (Transvenous & Subcutaneous), Cardiac Pacemaker, Ventricular
Assist Device, Neurostimulator, Implantable Hearing Devices) - Global Forecast to
2022
The Market Research on Active Implantable Medical Devices, By Considering useful aspects like;
Application, End Users- Global Future Forecast till 2022, published by MarketsandMarkets™,
the report studies the global Active Implantable Medical Devices market over the forecast
period to 2022. The market is projected to reach USD 26.75 billion by 2022 at a CAGR of 7.8%.
The study estimates the Active Implantable Medical Devices market size for 2018 and projects
its demand till 2022. In the primary research process, various sources from both demand side
and supply side were interviewed to obtain qualitative and quantitative information for the
report. Primary sources from the demand side include research scientists, Active Implantable
Medical Devices specialists, laboratory technicians, and R&D professionals of pharmaceutical
and biotechnology companies and academic research institutes.
Growth in this market can be attributed to factors such as growth in aging population, increasing
prevalence of cardiovascular and neurological diseases, investments and funds to develop
technologically advanced products, expanded applications of neurostimulators, and favorable
reimbursement scenario for ENT procedures in developed countries.
The global active implantable medical devices market is segmented based on product and region.
Based on product, the market is segmented into implantable cardioverter defibrillators,
implantable cardiac pacemakers, implantable heart monitors/insertable loop recorders,
ventricular assist devices, neurostimulators, and implantable hearing devices. Based on region,
the active implantable medical devices market is segmented into North America, Europe, Asia-
Pacific, Latin America, and the Middle East and Africa.
For the market estimation process, both top-down and bottom-up approaches were used to
estimate and validate the market size of the Active Implantable Medical Devices market as well
as to estimate the market size of various other dependent submarkets. All possible parameters
that affect the market covered in this research study have been accounted for, viewed in
extensive detail, verified through primary research, and analyzed to get the final quantitative
and qualitative data.
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