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U.S. Implantable Medical Devices Market is Expected to Reach USD 73.9 Billion by 2018: Transparency Market Research

ALBANY, New York, January 23, 2013 /PRNewswire/ --

According to a new market report published by Transparency Market Research ( "Implantable Medical Devices Market (Reconstructive Joint Replacement, Spinal Implants, Cardiovascular Implants, Dental Implants, Intraocular Lens and Breast Implants) - U.S. Industry Analysis, Size, Share, Trends, Growth and Forecast, 2012 - 2018," the U.S. implantable medical devices market was worth USD 43.1 billion in 2011 and is expected to reach USD 73.9 billion in 2018, growing at a CAGR of 8% from 2012 to 2018. Cardiovascular implants will experience rapid demand owing to the increase in chronic cardiovascular diseases and rise in the aging population in the U.S.

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The key segments covered in this report include reconstructive joint replacements, spinal implants, cardiovascular implants, dental implants, intraocular lens and breast implants. All these segments are high potential markets in the U.S. The market for these implants is influenced by demographic factors such as increase in the aging population, rise in the incidence of chronic cardiovascular and musculoskeletal diseases and per capita increase in healthcare expenditure.

Related & Recently Published Reports by Transparency Market Research

In the orthopedic implants market, reconstructive joint replacements market will experience the fastest growth rate during the forecast period (2012 to 2018). The market for reconstructive joint replacements will be driven by demographic factors such as increase in the instance of orthopedic disorders and growth in aging population. In addition, focus on the development of less invasive surgeries for joint replacement and awareness about its advantages will spur the demand for reconstructive joint replacement.

Related & Recently Published Reports by Transparency Market Research

This research is specially designed to estimate and analyze the demand and performance of the major implantable medical devices market in the U.S. The research provides in-depth study of device manufacturers, trend analysis by segments and the number of implantation procedures observed. This report extensively covers the product segments and provides detailed analysis, historical data and statistically refined forecast for the segments covered. The study presents a comprehensive assessment of the stakeholder strategies, winning imperatives for them by segmenting the U.S. implantable medical devices market as below:

  • U.S. implantable medical devices market, product segmentation
    • Orthopedic implants
      • Reconstructive joint replacement
      • Spinal implants
    • Cardiovascular implants
    • Dental implants
    • Intraocular lens
    • Breast implants
    • Other implants
  • U.S. implantable medical devices market, by procedures
    • Orthopedic procedures
    • Cardiovascular procedures
    • Other procedures

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About Us

Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We are privileged with highly experienced team of Analysts, Researchers, and Consultants, who use proprietary data sources and various tools and techniques to gather, and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

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