Global Smart Implants Market Overview: 2023-2028
Base Year: 2022
Historical Years: 2018-21
Forecast Years: 2023-2028
The Global Smart Implants Market is projected to grow at a CAGR of around 8.62% during the forecast period, i.e., 2023-28 . The Global Smart Implants Market is going through significant growth due to multiple drivers like technological advancements and, of course, increasing healthcare needs. The increase in road accidents throughout the country creates a greater demand for X-rays.
Markntel Advisorβs Global Smart Implants Market Insights report provides the current and forecast market analysis, individual leading companies' market shares, challenges, Global Smart Implants Market drivers, barriers, Global Smart Implants Market Trends, and Key Players in Global Smart Implants Market.
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Global Smart Implants Market Dynamics: 2023-2028
Possible Restraint: Limited Capacity for Data Storage to Negatively Impact the Market Growth
Health data collected through the smart implants need to be buffered inside the device before being transmitted to any other external system. However, considering the size, the small-sized implant could not have the option to store a large amount of data at an instance. Subsequently, small smart implants may be unable to store the sensed information for a long period. In addition, other technical challenges such as communication range, power consumption, transfer data size, and robustness would affect the implementation of smart implants.
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Global Smart Implants Market (2023-30): Segmentation Outlook
The market report has segmented the market into the following categories:
By Product Type
-Orthopedic Implants
-Hip Reconstruction
-Knee Reconstruction
-Shoulder Implants
-Spinal Implants
-Trauma Implants
-Dental Implants
-Cardiovascular Implants
-Cochlear Implants
-Others (Ocular, Nasal etc.)
By Material
-Bone Cement (PMMA or Polymethyl Methacrylate)
-Surgical Mesh
-Titanium
-Zirconium
-Polyethylene
-Others (Polyurethane Foam, Silicone, etc.)
By End User
-Hospitals
-Specialty Centers
-Ambulatory Surgery Centers
-Clinics
By Region
-North America
-South America
-Europe
-Middle East & Africa
-Asia-Pacific.
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Top Companies Operating in the Global Smart Implants Market:
Johnson & Johnson Services, Inc., Medtronic, Abbott, Boston Scientific Corporation, Zimmer Biomet, Cochlear Ltd., Biotronik, Nevro Corp., Senseonics, Inc., Nevropace, Aleva Neurotherapeutics SA, Intelligent Implants, Freudenberg Group, AstraZeneca, Integra LifeSciences.
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