Next Generation Implants Market – Analysis and Forecasts Next Generation Implants Market - Global Industry
Next Generation Implants Market - Global
Industry Analysis, Size, Share, Growth, Trends,
and Forecast 2017 - 2025
Medical implants are devices or medically grafted tissues placed on the surface of
body parts. Primarily, these prosthetic implants are used to replace the missing part
of the body such as knee, hips, teeth, and breast. Other uses of implants are to
provide medication, support to the organs or body tissues, and monitor overall body
functions.
Advancements in techniques have made possible manufacture of some of the
implants from skin, body tissues, or bones. These are also made from other
materials such as metal, plastics, and ceramics. These next generation implants can
be replaced permanently or removed when no longer required. For instance, hip
implants and stents are supposed to be or intended to be permanent implants. On
the other hand, screws, chemotherapy ports, dental implants, and bridges are
normally removed when no longer needed.
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The global next generation implants market is expected to grow rapidly driven by
increase in lifestyle diseases, aging population, rise in health care related
awareness, sedentary lifestyle, improved access to health care, especially medical
devices and infrastructure.
According to a WHO (World Health Organization) 2015 report, there are over 1100
million people in the world aged above 50, of these approximately 720 million are
from emerging economies. This situation can increase demand for ophthalmic,
orthopedic, cardiovascular and orthodontic implants. Improving trauma care,
sedentary lifestyle, advancements in implant technologies, and reimbursement
policies are the other factors driving the global next generation implants market.
Use of biomaterials in the manufacture of implants is one of the key factors
propelling the global next generation implants market. On the other hand, high cost
of implants, overall treatment and surgical procedures and proportional rise in failed
implant procedures and techniques are factors hampering the growth of the global
next generation implants market. The implants market is considered to be stable
due to increasing patient needs. However, strict regulatory guidelines and policies
for product approval are likely to restrain the next generation implant market.