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.
If seeking to create sustainable and profitable business strategies, actionable market insights are always very important. Implantable Pulse Generators market research report helps to provide such market insights by considering all the aspects of current and future market. This market report describes the categorization by companies, region, type and end-use industry. It provides key measurements, status of the manufacturers and is a significant source of direction for the businesses and organizations. Global Implantable Pulse Generators market document highlights the most important market insights that take business to the highest level of growth and success.
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
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.
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Segmentation: Global Implantable Pulse Generators Market
By Product Type
- Implantable Cardiac Pacemakers
- Implantable Defibrillators
- Cochlear Implants
- Implantable Nerve Stimulators (FES)
- Limb Function Stimulation
- Bladder Stimulators
- Sphincter Stimulators
- Diaphragm Stimulators
- Implantable Infusion Pumps
- Implantable Active Monitoring Devices
- Neurovascular Diseases
- Cardiovascular Diseases
- Ambulatory Surgical Centers
- Home Care Settings
- North America
- South America
- 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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