Global Passive Implantable Medical Devices Supply, Demand and Key Producers, 2023-2029

Global Passive Implantable Medical Devices Supply, Demand and Key Producers, 2023-2029

The global Passive Implantable Medical Devices market size is expected to reach $ million by 2029, rising at a market growth of % CAGR during the forecast period (2023-2029).

According to our research, the global market for medical devices is estimated at US$ 603 billion in the year 2023, and will be growing at a CAGR of 5% during next six years. The global healthcare spending contributes to occupy 10% of the global GDP and is continuously rising in recent years due to the increasing health needs of the aging population, the growing prevalence of chronic and infectious diseases and the expansion of emerging markets. The medical devices market plays a significant role in the healthcare industry. The market is driven by several factors, including the increasing demand for advanced healthcare services globally, advancements in medical technology, growing geriatric population, rising healthcare expenditure, and increasing awareness about early disease diagnosis and treatment.

A passive implantable medical device refers to a medical device that is implanted inside the body or outside the body and does not require an external power source or battery to function properly. Such medical devices often rely on natural processes such as biology, physics, or chemical reactions to achieve their therapeutic, monitoring, or support functions. Passive implantable medical devices are often used for purposes such as monitoring physiological parameters, providing drug delivery, improving biological function, or promoting tissue healing.

This report studies the global Passive Implantable Medical Devices production, demand, key manufacturers, and key regions.

This report is a detailed and comprehensive analysis of the world market for Passive Implantable Medical Devices, and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2022 as the base year. This report explores demand trends and competition, as well as details the characteristics of Passive Implantable Medical Devices that contribute to its increasing demand across many markets.

Highlights and key features of the study

Global Passive Implantable Medical Devices total production and demand, 2018-2029, (K Units)

Global Passive Implantable Medical Devices total production value, 2018-2029, (USD Million)

Global Passive Implantable Medical Devices production by region & country, production, value, CAGR, 2018-2029, (USD Million) & (K Units)

Global Passive Implantable Medical Devices consumption by region & country, CAGR, 2018-2029 & (K Units)

U.S. VS China: Passive Implantable Medical Devices domestic production, consumption, key domestic manufacturers and share

Global Passive Implantable Medical Devices production by manufacturer, production, price, value and market share 2018-2023, (USD Million) & (K Units)

Global Passive Implantable Medical Devices production by Type, production, value, CAGR, 2018-2029, (USD Million) & (K Units)

Global Passive Implantable Medical Devices production by Application production, value, CAGR, 2018-2029, (USD Million) & (K Units).

This reports profiles key players in the global Passive Implantable Medical Devices market based on the following parameters – company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Edwards Lifesciences, Medtronic, Abbott, Boston Scientific Corporation, LivaNova, Symetis, Jenavalve Technology, Cryolife and TTK Healthcare Limited, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Passive Implantable Medical Devices market.

Detailed Segmentation:

Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (K Units) and average price (US$/Unit) by manufacturer, by Type, and by Application. Data is given for the years 2018-2029 by year with 2022 as the base year, 2023 as the estimate year, and 2024-2029 as the forecast year.

Global Passive Implantable Medical Devices Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World

Global Passive Implantable Medical Devices Market, Segmentation by Type
Passive Implantable Cardiac Pacemaker
Drug Releasing Implants
Passive Implantable Sensor
Implantable Joint Prosthesis
Other

Global Passive Implantable Medical Devices Market, Segmentation by Application
Hospital
Clinic
Other

Companies Profiled:
Edwards Lifesciences
Medtronic
Abbott
Boston Scientific Corporation
LivaNova
Symetis
Jenavalve Technology
Cryolife
TTK Healthcare Limited
Colibri Heart Valve
Lepu Medical Technology
Braile Biomédica
Micro Interventional
Fresenius Medical Care
Cochlear
Baxter
Terumo
Syncardia

Key Questions Answered

1. How big is the global Passive Implantable Medical Devices market?

2. What is the demand of the global Passive Implantable Medical Devices market?

3. What is the year over year growth of the global Passive Implantable Medical Devices market?

4. What is the production and production value of the global Passive Implantable Medical Devices market?

5. Who are the key producers in the global Passive Implantable Medical Devices market?