Global 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.
Implantable pulse generators market research report is object-oriented which is produced with the combination of a splendid industry experience, talent solutions, industry insight and most up to date tools and technology. The report also covers market overview, premium insights, key insights and company profiles in detail of the key market players. The implantable pulse generators report presents the data and information for actionable, most modern and real-time market insights which makes it easy to go for critical business decisions. Market research analysis and data in this implantable pulse generators market report lends a hand to businesses for the planning of production, product launches, costing, inventory, purchasing and marketing strategies.journey to accomplish the business growth and success.
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Key Market Competitors: Global Implantable Pulse Generators Market
Few of the major competitors currently working in the implantable pulse generators market are Abbott; Medtronic; NeuroSigma, Inc.; Nevro Corp.; Synapse Biomedical Inc.; Cyberonics, Inc.; Boston Scientific Corporation; Dextronix, Inc.; CorMedix Inc.; NeuroPace, Inc.; ReShape Lifesciences, Inc.; Stimwave LLC; IntraPace, Inc.; Integer Holdings Corporation; Impulse Dynamics; Heraeus Holding; Inspire Medical Systems, Inc.; Nuvectra; SPR Therapeutics; Valtronic and
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.
Market Drivers
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
Market Restraint
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 Defibrillators
Cochlear Implants
Implantable Nerve Stimulators (FES)
Limb Function Stimulation
Bladder Stimulators
Sphincter Stimulators
Diaphragm Stimulators
Analgesia
Implantable Infusion Pumps
Implantable Active Monitoring Devices
By Application
Neurovascular Diseases
Cardiovascular Diseases
Orthopedic
By End-Users
Hospitals
Ambulatory Surgical Centers
Home Care Settings
Clinics
By Geography
North America
U.S.
Canada
Mexico
South America
Brazil
Argentina
Rest of South America
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Turkey
Belgium
Netherlands
Switzerland
Rest of Europe
Asia-Pacific
Japan
China
South Korea
India
Australia
Singapore
Thailand
Malaysia
Indonesia
Philippines
Rest of Asia Pacific
Middle East & Africa
South Africa
Egypt
Saudi Arabia
United Arab Emirates
Israel
Rest of Middle East & Africa
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Competitive Analysis: Global Implantable Pulse Generators Market
Global implantable pulse generators market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of implantable pulse generators market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Customization of the Report:
All segmentation provided above in this report is represented at country level
All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)
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