Friday, 24 February 2017

U.S Implantable Medical Devices Market Future Lies in Orthopedic Implants is Expected to Reach US$73.9 Billion by 2018

This report covers major aspects of the U.S. implantable medical devices market. It covers the performance of the major types of implantable devices in terms of their revenue, and the market is classified according to the number of procedures performed. The overall implantable medical devices market is classified as orthopedic implants, cardiovascular implants and other (dental, intraocular lens and breast) implants market. The report also provides extensive analysis of the sub-segments of the market considering 2011 as the base year for market size calculations and forecast from 2012 to 2018.
The orthopedic implants market is classified on the basis of types of orthopedic implants and orthopedic implantation procedures. The analysis covers the estimated revenues from 2010 to 2011 and forecast of these major segments from 2012 to 2018. Similar detailed analysis is conducted for cardiovascular implants, intraocular implants and breast implants. The overall analysis of the competitiveness of the U.S. market for the above products is included in the report. These factors along with the strategic recommendations would be helpful in taking fair corporate decisions related to the products’ market.
Demographic factors such as the changing standard of living, increasing incidence of chronic degenerative diseases and high proportion of aging population are the major factors which influence the rising development of implantable medical devices in the U.S. Some of the implantable devices segments show huge market potential whereas a few segments show steady market growth. For instance, preference for reconstructive joint replacement is highly influenced by factors such as aging population, rise in incidence of orthopedic diseases such as osteoarthritis and trauma to the joints.
Implantable devices are implanted primarily in patients belonging to the older age group. On the other hand, the young female population prefers breast augmentation procedures. Cosmetic implantation procedures represent one of the most lucrative markets in the overall implantation devices market in the U.S. The major reason behind such high demand for such procedures is the lifestyle and the standard of living of the young population in the U.S.
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