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Implantable Medical Devices Market is Expected to Elevate to a Value of US$ 56,997.0 Mn by the End of 2027

Transparency Market Research (TMR) has published a new report titled, ‘Implantable Medical Devices Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2027’. According to the report, the global implantable medical devices market was valued at US$ 37,700.8 Mn in 2018 and is projected to expand at a CAGR of 4.6% from 2019 to 2027. In terms of volume, the implantable medical devices were accounted at 10,712,732 units in 2018.

Overview

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Rise in Demand for Minimally Invasive Procedures to Driven the Market

Orthopedic Implants Segment Accounted for Significant Market Share

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Titanium Segment Accounted for Significant Market Share

Clinics to be Promising Segment

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North America to Dominate Global Market

Competitive Landscape

The global implantable medical devices market is highly fragmented in terms of number of players providing different products. Key players in the global market include Abbott, Boston Scientific Corporation, Danaher Corporation, Dentsply Sirona, Institut Straumann AG, Johnson & Johnson Services Inc., Medtronic, Smith & Nephew, Stryker, Terumo Corporation, and Zimmer Biomet

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