Smart Implants Market Key Finding, Latest Trends Progression Status, & Revenue Analysis

Report Overview:

The following report titled “Global Smart Implants Market: By Product Type (Orthopaedic Implants (Hip Reconstruction, Knee Reconstruction, Shoulder Implants, Spinal Implants, Trauma Implants), Dental Implants, Cardiovascular Implants, Cochlear Implants, Others (Ocular, Nasal, etc.)), and other forecast 2023-2028” provides a comprehensive analysis of the market, focusing on key details such as market size, growth trends, determinants of growth, segments covered, and the role of leading players in the industry.

Global Smart Implants Market Summary

The Global Smart Implants Market is projected to grow at a CAGR of around 8.62% during the forecast period, i.e., 2023-28 on account of rapid technological advancements & rising demand to provide pervasive & personalized care to patients. In addition, the incorporation of minimally-invasive methods, along with the smart implant, brought unprecedented growth opportunities against various diseases, real-time health data collection, real-time monitoring of chronic ailments, and patient-tailored treatment. These smart implantables have the major potential to minimize complications, decrease recovery time, and reduce readmissions & revision procedures.

Report Coverage & Details

• Forecast Period: 2023-2028
• Base Year: 2022
• CAGR: 8.62%

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Smart Implants Market 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.

Segmentation Analysis: Smart Implants Market

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

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Region: Europe Holds a Major Market Share

Among all regions globally, Europe is anticipated to dominate the Smart Implants Market with the largest share during 2023-30.

Leading Players Analysis: Smart Implants Market

The report provides detailed analysis of key players in the global Smart Implants market, highlighting their strategies and competitive scenario.

• 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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