North America Active Implantable Medical Devices Market Report – Growth, Trends, COVID-19 Impact Analysis and Forecast 2

The study analyses North America active implantable medical devices market based on product, end-users, and geography. Active implantable medical devices market by product is segmented into implantable cardioverter defibrillators, ventricular assist devices, implantable heart monitors/inse

Active implantable medical devices (AIMDs) Market is one of the most dynamic sectors in the healthcare industry today. AMIDs are powered devices that are partially or totally implanted into a patient’s body, either by surgical means or through a natural orifice. These devices are intended to remain in the patient’s body after the procedure. As these devices are intended to continue in direct contact with the patient’s body for long periods, they are subject to rigorous requirements and standards to protect the safety and health of patients.

 

Market Dynamic - North America Active Implantable Medical Devices Market

 

The North American active implantable medical devices market is presently being driven by several driving factors. Both the United States and Canada are dominating the market in the NA region. The demand for active implantable medical devices is rising in NA region is owing to the growing incidences of cardiovascular diseases and rising occurrences of neurological disorders. Well-established healthcare industry across the region, rapid growth in the medical devices industry as well as rising exports of medical devices, increasing expenditure on healthcare industry, and ongoing investment by the public as well as private companies on the research and development activities are further likely to propel growth of the market in NA region

 

COVID-19 Impact on North America Active Implantable Medical Devices Market Report

 

The exclusive COVID 19 impact analysis report by Axiom MRC provides a 3600 analysis of micro and macro-economic factors on the active implantable medical devices market. In addition, complete analysis of changes on active implantable medical devices market expenditure, economic and international policies on supply and demand side. The report also studies the impact of pandemic on regional economies, international trade, business investments, GDP and marketing strategies of key players present in the market. 

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North America Active Implantable Medical Devices Market Segmental Overview

 

The study analyses North America active implantable medical devices market based on product, end-users and geography. 

 

North America Active Implantable Medical Devices Market by Product

 

Active implantable medical devices market by product is segmented into implantable cardioverter defibrillators, ventricular assist devices, implantable heart monitors/insertable loop recorders, neurostimulators, and implantable hearing devices. The implantable cardioverter defibrillators segment is further bifurcated into transvenous implantable cardioverter defibrillators and subcutaneous implantable cardioverter defibrillators. Furthermore, neurostimulators segment is further segmented into spinal cord stimulators, deep brain stimulators, sacral nerve stimulators, vagus nerve stimulators, and gastric electrical stimulators. And implantable hearing devices are categorized into active hearing implants and non-active/passive hearing implants. 

 

North America Active Implantable Medical Devices Market by End Users

 

By end users, the market is segmented into hospitals, ambulatory centers, cardiac centers, dental clinics, and others. Hospitals segment is anticipated to observe lucrative growth opportunities in the coming years. A growing number of acquisitions and mergers of hospitals and hospital systems, increased use of highly developed diagnostic products in the hospitals, and escalating demand for premature diagnosis and intervention are some of the key driving factors behind the growth of this segment. 

 

North America Active Implantable Medical Devices Market Key Players

The major key players of market includes Medtronic plc, Abbott Laboratories, Boston Scientific Corporation, BIOTRONIK SE Co. KG, LivaNova PLC, Cochlear Limited, MED-EL, Sonova Holding AG, William Demant Holding A/S, Nurotron Biotechnology Co., Ltd, Zimmer Biomet, Smith Nephew, Straumann AG, Stryker, Dentsply Sirona, Allergan Inc, Microport Scientific Corporation and CONMED Corporation among others.

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