Implantable pulse generators market is expected to grow with a healthy CAGR in the forecast period of 2019-2026. The report contains data from the base year of 2018 and the historic year of 2017. This rise in market value can be attributed to the advancements in technology and modernization of product offerings, resulting in usage of ceramics as an alternative to metals as they provide better compatibility in patients.
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- The key findings and recommendations highlight crucial progressive industry trends in the Implantable Pulse Generators Market, thereby allowing players to develop effective long term strategies
- To analyze opportunities in the market for stakeholders by identifying the high-growth segments of the Implantable Pulse Generators market
- To strategically profile key players and comprehensively analyze their market position in terms of ranking and core competencies, and detail the competitive landscape for market leaders
- To understand the future outlook and prospects for Implantable Pulse Generators market analysis and forecast 2019-2026.
Key Developments in the Market:
In March 2019, Impulse Dynamics announced that they had received US FDA approval for their implantable pulse generator, “Optimizer Smart System”. This approval will help the company in providing an effective CCM therapy delivering medical device in heart failure patients who cannot undergo CRT.
In October 2018, Heraeus Holding announced that its business division Heraeus Medical Components had agreed to acquire Evergreen Medical Technologies along with their subsidiary PhysioTest. This acquisition will enable Heraeus to provide a wider level of product offerings and enhance its production capabilities of medical devices particularly in the neuromodulation segment.
Increasing rate of chronic diseases globally is one of the major factors driving the growth of the market
Higher effectiveness of therapy systems with the adoption in usage of these medical devices is expected to positively affect the growth of the market
Ease of installation of these implants resulting in shorter operating is expected to drive the market growth
Requirement of replacement surgeries of these implantable medical devices whether to replace the whole device or the batteries after a certain period of time; this factor is expected to restrain the market growth
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Segmentation: Global Implantable Pulse Generators Market
By Product Type
Implantable Cardiac Pacemakers
Implantable Nerve Stimulators (FES)
Limb Function Stimulation
Implantable Infusion Pumps
Implantable Active Monitoring Devices
Ambulatory Surgical Centers
Home Care Settings
Middle East & Africa
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Key Features of the Report
- Key developments and product launches by the top players and brands
- Key parameters which are driving the market
- Key trends of the market
- Challenges of market growth
- What are the challenges being faced by the new entrants
- Market volume
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