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The United States implantable medical devices market is currently witnessing moderate growth. Medical implants are introduced inside the body during surgical procedures to support a damaged part, replace a missing biological structure or enhance the functioning of an existing organ. These implants are used in different body parts for numerous applications, such as orthopedics implants, pacemakers, cardiovascular stents, defibrillators, neural prosthetics or drug delivery systems. Some of the widely used implantable medical devices in the United States (US) include cardiac defibrillators, coronary stents, hip implants, interocular lenses and insulin pumps.
The increasing prevalence of cardiovascular and neurological disorders, in confluence with the rising number of road accidents and sports injuries, represents one of the key factors bolstering the implantable medical devices market growth in the US. Apart from this, the availability of favorable reimbursement policies is acting as another significant factor contributing to the market growth. Furthermore, due to the growing consciousness towards physical appearances among individuals, cosmetic surgeries are gaining traction. This, in turn, is driving the demand for implantable medical devices in the country. On account of these factors, the market is expected to continue its moderate growth during the forecast period (2020-2025).
IMARC Group provides an analysis of the key trends in each sub-segment of the United States implantable medical devices market report, along with forecasts for growth at the region level from 2020-2025. Our report has categorized the market based on region, product, material and end user.
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The competitive landscape of the industry has also been examined along with the profiles of the key players.
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