How is the Active Implantable Medical Devices Market Poised for Growth: Trends and Opportunities Through 2034
Updated 2025 Market Reports Released: Trends, Forecasts to 2034 – Early Purchase Your Competitive Edge Today!
How has the active implantable medical devices market grown over the years?
In recent times, there has been a significant increase in the market size of active implantable medical devices. This market, which is projected to grow from $26.19 billion in 2024 to $28.2 billion in 2025, will experience a compound annual growth rate (CAGR) of 7.7%. The remarkable growth observed during the historic period has been driven by robust economic development in emerging markets, a rise in healthcare expenses, a higher prevalence of cardiovascular diseases, and an increase in the overall number of healthcare facilities.
What Is the forecasted market size and growth rate for the active implantable medical devices market?
In the coming years, the active implantable medical devices market is projected to showcase robust growth. By 2029, it is estimated that the market will surge to $40.3 billion, with a compound annual growth rate (CAGR) of 9.3%. A variety of factors contribute to growth in the forecast period, including an aging population, backed by government support and an escalating incidence of neurological conditions. Key trends within the forecast period involve the introduction of innovative active implantable medical devices, strategic partnerships and collaborations, the application of wireless technologies for charging implantable medical devices, and the incorporation of artificial intelligence (AI) to enhance product capabilities and maintain a competitive edge within the market.
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What are the major factors driving growth in the active implantable medical devices market?
The escalating prevalence of cardiovascular conditions is predicted to stimulate the expansion of the active implantable medical devices market in the future. Cardiovascular disease (CVD) encompasses any disorder that impacts the heart or blood vessels, typically linked with the development of fatty accumulations within the arteries (atherosclerosis) and a heightened probability of blood clots. Active implantable medical devices are utilized to control or observe irregular heart rhythms in individuals with certain heart rhythm issues or heart failure. The growing elderly population has boosted the need for active implantable medical devices. For instance, a report from the American College of Cardiology in August 2022 revealed that cardiovascular risk factors are anticipated to surge from 2025 to 2060, with the greatest proportionate increase in diabetes (a jump of 39.3% to 55 million), followed by dyslipidemia (an increase of 27.6% to 126 million), hypertension (an increase of 25.1% to 162 million), and obesity (18.3% to 126 million). The study indicated that stroke (33.8% to 15 million) and heart failure (33.4% to 13 million) are projected to have the largest expected rises in cardiovascular disease rates, trailed by ischemic heart disease (30.7% to 29 million) and heart attack (16.9% to 16 million). Thus, the surge in cardiovascular diseases is fueling the expansion of the active implantable medical devices market.
What key areas define the segmentation of the global active implantable medical devices Market?
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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What are the top market players propelling the growth of the active implantable medical devices industry?
Major companies operating in the active implantable medical devices market include Medtronic PLC, Boston Scientific Corporation, Cochlear Limited, Abbott Laboratories, Sonova Holding AG, MED-EL Medical Electronics, Livanova PLC, Biotronik Se & Co., Kg, MicroPort Scientific Corporation, Envoy Medical Corporation, Pregna International, Johari Digital Healthcare Limited, Renalyx Health Systems, Medprime Technologies, Comofi Medtech, Dynamed Equipments, Aurolab, Unicorn Denmart Limited, Lepu Medical Technology Company, Calon Cardio, Better Medical Technology, Beijing Aeonmed Co., Ltd, BONSS MEDICAL, Koninklijke Philips N.V., Berlin Heals Holding AG, CorWave SA, Philips Healthcare, Draegerwerk AG, Getinge Group, Ceryx Medical, MEDICO s.r.l., Medical-Lomza Sp. z o.o., Panop CZ, Medplant LLC, P.H.U. Medical, ProVeterináre, Johnson & Johnson, Baxter, Stryker, Axio Biosolutions, Cirtec Medical, Masimo, Teleflex Inc, NAGL MedTech, B Braun Argentina, Braile Biomedica Ltd, Megadyne Argentina, Embramed Industria e Comercio de Produtos Hospitalares Ltd, Arabian Medical Enterprises LLC, Zahrawi Group, Al Burak Medical Services, Lodox Systems, Glenmed Healthcare Solutions (PTY) Ltd, Lepeke Medical Group, LTE Medical Solutions
What are the key trends shaping the future of the active implantable medical devices market?
In a bid to gain a competitive advantage in the active implantable medical device sector, significant companies are focusing their efforts on product innovation, such as Polyether ether ketone (PEEK) cranial implants. These sophisticated medical devices are employed for the surgical repair of cranial anomalies. In April 2022, for example, CureTech, a medical manufacturing firm located in Oman, introduced a new Polyether ether ketone (PEEK) cranial implant. PEEK is a go-to material for a variety of implantable medical devices owing to its biocompatibility and mechanical characteristics. This high-performing, biocompatible, and radiolucent thermoplastic polymer has a modulus of elasticity akin to bone, making it ideal for use in orthopedic procedures like spinal fusion, joint replacement, and trauma surgery.
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What regions are dominating the active implantable medical devices market growth?
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.
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