Microelectronic medical implant is any sort of medical device that involves microelectronic components and is placed inside the body of the patient to achieve the desired physiological response. The microelectronic medical implants market has come a long way since the introduction of the first pacemaker in the 1970s.
Some of the major products such as neurostimulators have derived their technology directly from that of pacemakers. Other devices such as drug infusion pumps have been developed on sensors-on-chip technology and miniaturization of mechanical components and circuitry of Medical Devices.
This report contains market size and forecasts of Microelectronic Medical Implants in global, including the following market information:
Global Microelectronic Medical Implants Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Microelectronic Medical Implants Market Sales, 2017-2022, 2023-2028, (Units)
Global top five Microelectronic Medical Implants companies in 2021 (%)
The global Microelectronic Medical Implants market was valued at 36880 million in 2021 and is projected to reach US$ 55560 million by 2028, at a CAGR of 6.0% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Cardiac Implants Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Microelectronic Medical Implants include Medtronic, St. Jude Medical (Abbott), Boston Scientific, Cochlear, Biotronik, Sorin, Abiomed, MED-EL and Nevro, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Microelectronic Medical Implants manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Microelectronic Medical Implants Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Microelectronic Medical Implants Market Segment Percentages, by Type, 2021 (%)
Cardiac Implants
Neurostimulators
Implantable Infusion Pumps
Cochlear Implants
Others
Global Microelectronic Medical Implants Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Microelectronic Medical Implants Market Segment Percentages, by Application, 2021 (%)
Pain Management
Cardiac Rhythm Management
Parkinson’s Disease
ENT
Others
Global Microelectronic Medical Implants Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Microelectronic Medical Implants Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Microelectronic Medical Implants revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Microelectronic Medical Implants revenues share in global market, 2021 (%)
Key companies Microelectronic Medical Implants sales in global market, 2017-2022 (Estimated), (Units)
Key companies Microelectronic Medical Implants sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Medtronic
St. Jude Medical (Abbott)
Boston Scientific
Cochlear
Biotronik
Sorin
Abiomed
MED-EL
Nevro
Sonova
Zimmer Biomet
Codman & Shurtleff (J&J)
Lepu