Active Implantable Medical Devices Market Overview 2025: Competitive Shifts, Forecast Models, and Emerging Opportunities
Discover trends, market shifts, and competitive outlooks for the active implantable medical devices industry through 2025-2034 with The Business Research Company’s reliable data and in-depth research
How Fast Is The Active Implantable Medical Devices Market Expected to Grow Between 2025 And 2029?
The market for active implantable medical devices has seen significant growth in recent times. The projection is that it will expand from a size of $26.19 billion in 2024 to a worth of $28.2 billion in 2025, boasting a compound annual growth rate (CAGR) of 7.7%. The expansion during the past period is due to robust economic development in budding markets, escalated healthcare spending, a surge in cardiovascular diseases, and an increase in the number of healthcare establishments.
In the coming years, substantial expansion is predicted for the active implantable medical devices market, with its value slated to reach $40.3 billion in 2029, at a compound annual growth rate (CAGR) of 9.3%. This projected surge during the forecast period can be associated with factors such as the aging population, governmental aid, and the rising prevalence of neurological disorders. Prevalent trends for the projected period consist of the introduction of new active implantable medical devices, strategic partnerships and associations, inclusion of wireless technologies for charging implantable medical devices, and adoption of artificial intelligence (AI) for enhancing product lines and maintaining market competitiveness.
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What Are the Core Growth Drivers Propelling the Active Implantable Medical Devices Market Forward?
The active implantable medical devices market is anticipated to expand due to the growing prevalence of cardiovascular diseases. Cardiovascular disease (CVD) encompasses illnesses affecting the heart or blood vessels, often linked to atherosclerosis, the buildup of fatty deposits within arteries, and an elevated threat of blood clotting. Active implantable medical devices are employed to regulate or monitor erratic heartbeats in individuals diagnosed with specific heart rhythm disorders or heart failure. The escalating geriatric population has intensified the need for active implantable medical devices. For example, a report released by the American College of Cardiology in August 2022 projected the amplification of cardiovascular risk factors between 2025 and 2060. Diabetes is predicted to see the highest percentage increase (39.3% increase to 55 million), trailed by dyslipidemia (27.6% rise to 126 million), hypertension (25.1% increase to 162 million), and obesity (18.3% to 126 million). Expected hikes in cardiovascular disease rates were most considerable in stroke (33.8% to 15 million) and heart failure (33.4% to 13 million), followed by ischemic heart disease (30.7% to 29 million) and heart attack (16.9% to 16 million). Hence, the escalation in cardiovascular diseases is propelling the active implantable medical devices market’s growth.
What Segment Types Define the Active Implantable Medical Devices Market Structure?
The active implantable medical devices market covered in this report is segmented –
1) By Product Type: Cardiac Pacemakers, Implantable Cardioverter Defibrillators (ICD), Nerve Simulators, Cochlear Implants, Ventricular Assist Devices, Other Products
2) By Application: Cardiovascular, Neurological, Hearing Impairment, Other Applications
3) By End User: Hospitals, Specialty Clinics, Ambulatory Surgical Centers
Subsegments:
1) By Cardiac Pacemakers: Single Chamber Pacemakers, Dual Chamber Pacemakers, Biventricular Pacemakers
2) By Implantable Cardioverter Defibrillators (ICD): Transvenous ICDs, Subcutaneous ICDs
3) By Nerve Stimulators: Spinal Cord Stimulators, Peripheral Nerve Stimulators, Deep Brain Stimulators
4) By Cochlear Implants: Single-Electrode Cochlear Implants, Multichannel Cochlear Implants
5) By Ventricular Assist Devices: Left Ventricular Assist Devices (LVAD), Right Ventricular Assist Devices (RVAD), Bi-Ventricular Assist Devices (BiVAD)
6) By Other Products: Neurostimulators for Pain Management, Implantable Drug Delivery Systems, Implantable Blood Pressure Monitors
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Which Geographic Areas Hold the Strongest Growth Potential in the Active Implantable Medical Devices Market?
North America was the largest region in the active implantable medical devices market in 2024. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the active implantable medical devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Which Emerging Trends that Are Influencing theActive Implantable Medical Devices Industry Evolution?
Key players in the active implantable medical device market are focusing on product innovation, such as Polyether ether ketone (PEEK) cranial implant, to gain a competitive advantage. These advanced medical devices, known as PEEK cranial implants, are used in surgical procedures to rectify cranial defects. In April 2022, for example, CureTech, a medical manufacturer based in Oman, released a Polyether ether ketone (PEEK) cranial implant. PEEK is leveraged in a myriad of implantable medical devices due to its biocompatibility and mechanical attributes. Not only is it a high-performance thermoplastic polymer that’s biocompatible and radiolucent, but it also possesses a modulus of elasticity akin to bone, making it ideal for orthopedic applications like spinal fusion, joint replacement, and trauma surgery.
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What Is the Definition of the Active Implantable Medical Devices Market?
An active implantable medical device (AIMD) is a medical device that is completely or partially implanted into the human body for diagnostic or therapeutic reasons. Active implantable medical devices are designed to remain in place.
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