Microelectronic Medical Implants: Products, Technologies & Opportunities

Report Code: HLC016D

Publish Date: May 2011

Publisher: BCC Publishing

Category: Health Maintenance

Customize This Report

Single User License: $2500

Member Price: FREE

EXPLORE OFFERS

Explore Our Services

Already a member? Login to access this report free.

Report Highlights

The global market for microelectronic medical implants, accessories, and supplies was worth an estimated $15.4 billion in 2010. The market is projected to grow to $16.3 billion in 2011 and $24.8 billion in 2016, a compound annual growth rate (CAGR) of 8.8%, between 2011 and 2016. 

SCOPE OF THE STUDY

This report covers microelectronic devices designed to operate within the human body, including:

  • Pacemakers.
  • Implantable cardioverter defibrillators (ICDs).
  • Implantable loop recorders.
  • Ventricular assist blood pumps.
  • Artificial hearts.
  • Neurostimulator devices used to combat pain, or to treat epilepsy, Parkinson’s disease, and incontinence.
  • Spinal fusion stimulators.
  • Implanted drug infusion pumps.
  • Implanted monitoring devices.
  • Cochlear implants to treat the profoundly deaf.
  • Retinal implants being developed to treat the blind.

The scope of the report also includes implant-related accessories and supplies, such as batteries and leads. However, the report does not directly cover ancillary devices that function outside the body, such as external telemetry devices and power sources.  These are covered in this report only to the extent that is necessary to maintain coherence. 

The market projections also do not include the cost of surgical procedures used to insert the devices.

The report covers the entire global market for microelectronic implants. In some segments there is a greater focus on the U.S. market due to greater data availability, but in such cases the global implications of developments in the United States are also analyzed.

ANALYST CREDENTIALS

The author of this report is Andrew McWilliams. Mr. McWilliams, a partner in the Boston-based international technology and marketing consulting firm 43rd Parallel LLC, is the author of several other BCC Research studies of the healthcare and related industries, including BIO072A − Biotechnologies for Medical Applications: Global Markets; HLC072A − Medical Lasers: Technologies and Global Markets; HLC014D − Telemedicine: Opportunities for Medical and Electronic Providers; HLC082A − Emerging Markets for Advanced Medical Technologies; HLC070A − Preventive Healthcare Technologies, Products, and Markets; HLC066A − Medical Automation Technologies, Products and Markets; HLC036C − Medical Robotics and Computer-Assisted Surgery; HLC051E − The Market for Minimally Invasive Medical Devices; HLC038C − Patient Monitoring; HLC054B  − Home Medical Equipment: Technologies and Global Markets; and HLC048C − Healthcare Information Technology.

Need a custom data table, graph, region, segment, companies or complete report? CUSTOMIZE NOW
Let us assist you! Our analysts are ready to tailor this report to your specific need. Talk to Our Analyst

Table of Contents

All reports provided in PDF format. For shared licensing options (5+ Users), please call a representative at (+1) 781-489-7301 or contact us at info@bccresearch.com
Title/Chapter NamePagesMember Price
Full Report: Microelectronic Medical Implants: Products, Technologies & Opportunities158Free
Chapter- 1: INTRODUCTION5Free
Chapter- 2: SUMMARY2Free
Chapter- 3: OVERVIEW83Free
Chapter- 4: REGULATORY AND LEGISLATIVE ISSUES6Free
Chapter- 5: GLOBAL MARKET FOR MICROELECTRONIC MEDICAL IMPLANTS38Free
Chapter- 6: INDUSTRY STRUCTURE AND COMPETITION8Free
Chapter- 7: VENDOR PROFILES16Free
Published - Jun-2007| Analyst - Andrew McWilliams| Code - HLC016C

Report Highlights

  • The global market for microelectronic medical implants was worth an estimated $11.7 billion in 2006. The market is projected to grow to $12.6 billion in 2007 and $22.1 billion in 2012 at a CAGR of 11.9% from 2007 to 2012.
  • Cardiac implants were by far the largest market segment in 2006, accounting for more than three-quarters of total implant sales. Neurostimulators were the second largest market segment, with about 9% of the market, followed by accessories such as leads and electrodes, with a 7% market share. executive summary (Continued)
  • However, the market for neurostimulators is projected to grow over twice as fast as the market for cardiac implants from 2007 to 2012, that is, at a CAGR of 20% vs. 10% respectively.
Published - Sep-2004| Analyst - Andrew McWilliams| Code - HLC016B

Report Highlights

  • The global market for microelectronic medical implants is projected to be $11.9 billion in 2004 and to rise at an average annual growth rate (AAGR) of 22.1% to $32.3 billion in 2009.
  • Cardiac implants by far were the largest market segment in 2003, with sales of $7.2 billion, or more than three-quarters of total sales.
  • Neurostimulators were the second largest market segment, with sales of $944 million, but are projected to grow at an AAGR of 39.7%, more than double that of cardiac implants (18.4%).
  • The AAGR for accessories and supplies (27.5%) also is expected to outstrip growth of the market as a whole. The slowest-growing market segments likely will be spinal fusion stimulators and implantable drug pumps.
  • Eye implants are unlikely to see any commercial sales before 2009.

Related Reports

MEMS: Biosensors and Nanosensors

Published - Feb 2011 | Publisher - Andrew McWilliams | Code - IAS027B

BCC estimates the global market for microsensors at nearly $5.2 billion in 2010, increasing to nearly $5.9 billion in 2011 and $12 billion in 2016, a compound annual growth rate (CAGR) of 15.3% between 2011 and 2016.

Telemedicine: Opportunities for Medical and Electronic Providers

Published - Jan 2011 | Publisher - Andrew McWilliams | Code - HLC014D

The global telemedicine market is expected to grow from $9.8 billion in 2010 to $23 billion in 2015, at a compound annual growth rate (CAGR) of 18.6% over the next 5 years.

Advanced Orthopedic Technologies, Implants and Regenerative Products

Published - Jan 2011 | Publisher - Melissa Elder | Code - HLC052B

The total market for advanced orthopedic technology and products was estimated to exceed $28 billion in 2010. New technologies and an increasingly older population are two of the major driving forces within the market. By 2015, the advanced orthopedic technology and product market is likely to reach $32.4 billion, with a compound annual growth rate (CAGR) from 2010 to 2015 of 2.7%.

Recent Reports

Conventional and Alternative Pain Treatment Markets

Published - Nov 2024 | Publisher - Partha Sarathi Das | Code - HLC266B

The global market for conventional and alternative pain treatment is expected to grow from $96.2 billion in 2024 and is projected to reach $144.2 billion by the end of 2029, at a compound annual growth rate (CAGR) of 8.4% during the forecast period of 2024 to 2029.

CRISPR Technology: Global Markets

Published - Oct 2024 | Publisher - BCC Publishing | Code - HLC258C

The global market for CRISPR technology was valued at $3.4 billion in 2023. This market is expected to grow from $3.8 billion in 2024 to $7.5 billion by the end of 2029, at a compound annual growth rate (CAGR) of 14.4% from 2024 to 2029.

Chronic Disease Management: Therapeutics, Device Technologies and Global Markets

Published - Oct 2024 | Publisher - BCC Publishing | Code - HLC239C

The global market for chronic disease management therapeutics and device technologies was valued at $675.0 billion in 2023. It is projected to grow from $726.3 billion in 2024 to $1.1 trillion by 2029, at a compound annual growth rate (CAGR) of 8.1% from 2024 through 2029.

Medical Devices: Technologies and Global Markets

Published - Oct 2024 | Publisher - Partha Sarathi Das | Code - HLC170F

The global market for medical devices reached $739.6 billion in 2023. It is expected to grow from $810.4 billion in 2024 to $1.3 trillion by the end of 2029, at a compound annual growth rate (CAGR) of 9.8% from 2024 through 2029.

Point-of-Care Diagnostics: Technologies and Global Markets

Published - Oct 2024 | Publisher - BCC Publishing | Code - HLC043H

The global market for point-of-care diagnostics was valued at $36.9 billion in 2023. It is expected to grow from $40.6 billion in 2024 to $65.9 billion by the end of 2029, at a compound annual growth rate (CAGR) of 10.2% from 2024 through 2029.

Top Trending Reports

AI in Clinical and Molecular Diagnostics Market

Published - Oct 2024 | Publisher - BCC Publishing | Code - BIO261A

The global market for AI in clinical and molecular diagnostics is expected to grow from $2.6 billion in 2024 and is projected to reach $8.9 billion by the end of 2029, at a compound annual growth rate (CAGR) of 27.6% during the forecast period of 2024 to 2029.

Point-of-Care Diagnostics: Technologies and Global Markets

Published - Oct 2024 | Publisher - BCC Publishing | Code - HLC043H

The global market for point-of-care diagnostics was valued at $36.9 billion in 2023. It is expected to grow from $40.6 billion in 2024 to $65.9 billion by the end of 2029, at a compound annual growth rate (CAGR) of 10.2% from 2024 through 2029.

Medical Devices: Technologies and Global Markets

Published - Oct 2024 | Publisher - BCC Publishing | Code - HLC170F

The global market for medical devices reached $739.6 billion in 2023. It is expected to grow from $810.4 billion in 2024 to $1.3 trillion by the end of 2029, at a compound annual growth rate (CAGR) of 9.8% from 2024 through 2029.

CRISPR Technology: Global Markets

Published - Oct 2024 | Publisher - BCC Publishing | Code - HLC258C

The global market for CRISPR technology was valued at $3.4 billion in 2023. This market is expected to grow from $3.8 billion in 2024 to $7.5 billion by the end of 2029, at a compound annual growth rate (CAGR) of 14.4% from 2024 to 2029.

Global Artificial Intelligence (AI) Market: Investments vs Potential

Published - Aug 2024 | Publisher - BCC Publishing | Code - IFT189C

The global market for artificial intelligence (AI) is estimated to increase from $148.8 billion in 2023 to reach $1.1 trillion by 2029, at a compound annual growth rate (CAGR) of 39.7% from 2024 through 2029.

Become A Member

BCC Research offers a comprehensive library of reports, granting members unlimited access to data, insights, and market intelligence for informed business decisions, while actively supporting members in their evolving journeys and prioritizing high-quality, relevant topics based on continuous engagement with the research community.

Find Out More

Custom Consulting

BCC Research emphasizes the importance of organizations leveraging highly customized market insights aligned with specific strategic business objectives through direct engagement with primary sources and proprietary forecasting models for profitable decision-making in maximizing growth opportunities and minimizing risks.

Customize Now

Scorecard

The Venture Scorecard provides commercialization offices and decision makers with expert analysis, offering strategic insights crucial for aligning objectives with market realities at various stages of commercializing new products or evaluating investment opportunities, from opportunity assessment to growth planning.

Find Out More

Innovation Spotlight

Our industry experts offer strategic guidance to maximize the market potential of commercialized products, patents, and IP by providing insights into market trends, competitive dynamics, and effective positioning, using the Innovation Spotlight service for enhanced exposure to thought leaders and the wider community.

Find Out More
Microelectronic Medical Implants: Products, Technologies & Opportunities
Customize Report