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MRI Safe Implantable Device-Global Market Insights and Sales Trends 2024
Synopsis
Changing in the life style of population leads to various types of degenerative and chronic disease that affects the biological structure. In support to biological structure, various types of devices are implanted in human body that helps in replacing and enhancing the biological structure. These medical implants are man-made devices that are introduced in human body through surgical procedures and are left in the body after treatment. These devices are mostly implanted in geriatric population suffering from organ degeneration. During Magnetic Resonance Imaging (MRI) procedure some implant devices may fail to provide necessary treatment and compromise on patient safety which can lead to severe harm or death of the patient. To overcome this problem, many companies are trying to develop various type of implantable devices with non-ferromagnetic materials that overcome the harmful effect of MRI on patient.
The global MRI Safe Implantable Device market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of MRI Safe Implantable Device in various end use industries. The expanding demands from the Hospitals, Clinics, Ambulatory Surgical Centers and Others, are propelling MRI Safe Implantable Device market. High Field MRI, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Low-To-Mid Field MRI segment is estimated at % CAGR for the next seven-year period.
Global MRI safe implantable device market is witnessing high growth owing to shifting lifestyle choices, high incidence of degenerative and chronic disease, rising geriatric population and technology advancement in implantable devices such as high-field MRI, software applications, superconducting magnets and open architecture. However, high cost of MRI safe implantable devices and inadequate reimbursement policies for MRI safe implantable devices may hamper the growth of MRI safe implantable device market over the forecast period.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for MRI Safe Implantable Device, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global MRI Safe Implantable Device market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global MRI Safe Implantable Device market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, MRI Safe Implantable Device sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of MRI Safe Implantable Device covered in this report include Medtronic, Zimmer Biomet, Biotronik, Boston Scientific, Abbott, Stryker, Smith & Nephew, Johnson & Johnson and Smiths Medical, etc.
The global MRI Safe Implantable Device market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Medtronic
Zimmer Biomet
Biotronik
Boston Scientific
Abbott
Stryker
Smith & Nephew
Johnson & Johnson
Smiths Medical
Abbott
Cochlear
Global MRI Safe Implantable Device market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global MRI Safe Implantable Device market, Segment by Type:
High Field MRI
Low-To-Mid Field MRI
Very-High-Filed MRI
Ultra-High-Filed MRI
Global MRI Safe Implantable Device market, by Application
Hospitals
Clinics
Ambulatory Surgical Centers
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of MRI Safe Implantable Device manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of MRI Safe Implantable Device in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Changing in the life style of population leads to various types of degenerative and chronic disease that affects the biological structure. In support to biological structure, various types of devices are implanted in human body that helps in replacing and enhancing the biological structure. These medical implants are man-made devices that are introduced in human body through surgical procedures and are left in the body after treatment. These devices are mostly implanted in geriatric population suffering from organ degeneration. During Magnetic Resonance Imaging (MRI) procedure some implant devices may fail to provide necessary treatment and compromise on patient safety which can lead to severe harm or death of the patient. To overcome this problem, many companies are trying to develop various type of implantable devices with non-ferromagnetic materials that overcome the harmful effect of MRI on patient.
The global MRI Safe Implantable Device market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of MRI Safe Implantable Device in various end use industries. The expanding demands from the Hospitals, Clinics, Ambulatory Surgical Centers and Others, are propelling MRI Safe Implantable Device market. High Field MRI, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Low-To-Mid Field MRI segment is estimated at % CAGR for the next seven-year period.
Global MRI safe implantable device market is witnessing high growth owing to shifting lifestyle choices, high incidence of degenerative and chronic disease, rising geriatric population and technology advancement in implantable devices such as high-field MRI, software applications, superconducting magnets and open architecture. However, high cost of MRI safe implantable devices and inadequate reimbursement policies for MRI safe implantable devices may hamper the growth of MRI safe implantable device market over the forecast period.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for MRI Safe Implantable Device, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global MRI Safe Implantable Device market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global MRI Safe Implantable Device market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, MRI Safe Implantable Device sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of MRI Safe Implantable Device covered in this report include Medtronic, Zimmer Biomet, Biotronik, Boston Scientific, Abbott, Stryker, Smith & Nephew, Johnson & Johnson and Smiths Medical, etc.
The global MRI Safe Implantable Device market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Medtronic
Zimmer Biomet
Biotronik
Boston Scientific
Abbott
Stryker
Smith & Nephew
Johnson & Johnson
Smiths Medical
Abbott
Cochlear
Global MRI Safe Implantable Device market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global MRI Safe Implantable Device market, Segment by Type:
High Field MRI
Low-To-Mid Field MRI
Very-High-Filed MRI
Ultra-High-Filed MRI
Global MRI Safe Implantable Device market, by Application
Hospitals
Clinics
Ambulatory Surgical Centers
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of MRI Safe Implantable Device manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of MRI Safe Implantable Device in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 MRI Safe Implantable Device Market Overview
1.1 MRI Safe Implantable Device Product Overview
1.2 MRI Safe Implantable Device Market Segment by Type
1.2.1 High Field MRI
1.2.2 Low-To-Mid Field MRI
1.2.3 Very-High-Filed MRI
1.2.4 Ultra-High-Filed MRI
1.3 Global MRI Safe Implantable Device Market Size by Type
1.3.1 Global MRI Safe Implantable Device Market Size Overview by Type (2018-2029)
1.3.2 Global MRI Safe Implantable Device Historic Market Size Review by Type (2018-2023)
1.3.3 Global MRI Safe Implantable Device Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America MRI Safe Implantable Device Sales Breakdown by Type (2018-2023)
1.4.2 Europe MRI Safe Implantable Device Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific MRI Safe Implantable Device Sales Breakdown by Type (2018-2023)
1.4.4 Latin America MRI Safe Implantable Device Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa MRI Safe Implantable Device Sales Breakdown by Type (2018-2023)
2 Global MRI Safe Implantable Device Market Competition by Company
2.1 Global Top Players by MRI Safe Implantable Device Sales (2018-2023)
2.2 Global Top Players by MRI Safe Implantable Device Revenue (2018-2023)
2.3 Global Top Players by MRI Safe Implantable Device Price (2018-2023)
2.4 Global Top Manufacturers MRI Safe Implantable Device Manufacturing Base Distribution, Sales Area, Product Type
2.5 MRI Safe Implantable Device Market Competitive Situation and Trends
2.5.1 MRI Safe Implantable Device Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by MRI Safe Implantable Device Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in MRI Safe Implantable Device as of 2022)
2.7 Date of Key Manufacturers Enter into MRI Safe Implantable Device Market
2.8 Key Manufacturers MRI Safe Implantable Device Product Offered
2.9 Mergers & Acquisitions, Expansion
3 MRI Safe Implantable Device Status and Outlook by Region
3.1 Global MRI Safe Implantable Device Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global MRI Safe Implantable Device Historic Market Size by Region
3.2.1 Global MRI Safe Implantable Device Sales in Volume by Region (2018-2023)
3.2.2 Global MRI Safe Implantable Device Sales in Value by Region (2018-2023)
3.2.3 Global MRI Safe Implantable Device Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global MRI Safe Implantable Device Forecasted Market Size by Region
3.3.1 Global MRI Safe Implantable Device Sales in Volume by Region (2024-2029)
3.3.2 Global MRI Safe Implantable Device Sales in Value by Region (2024-2029)
3.3.3 Global MRI Safe Implantable Device Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global MRI Safe Implantable Device by Application
4.1 MRI Safe Implantable Device Market Segment by Application
4.1.1 Hospitals
4.1.2 Clinics
4.1.3 Ambulatory Surgical Centers
4.1.4 Others
4.2 Global MRI Safe Implantable Device Market Size by Application
4.2.1 Global MRI Safe Implantable Device Market Size Overview by Application (2018-2029)
4.2.2 Global MRI Safe Implantable Device Historic Market Size Review by Application (2018-2023)
4.2.3 Global MRI Safe Implantable Device Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America MRI Safe Implantable Device Sales Breakdown by Application (2018-2023)
4.3.2 Europe MRI Safe Implantable Device Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific MRI Safe Implantable Device Sales Breakdown by Application (2018-2023)
4.3.4 Latin America MRI Safe Implantable Device Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa MRI Safe Implantable Device Sales Breakdown by Application (2018-2023)
5 North America MRI Safe Implantable Device by Country
5.1 North America MRI Safe Implantable Device Historic Market Size by Country
5.1.1 North America MRI Safe Implantable Device Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America MRI Safe Implantable Device Sales in Volume by Country (2018-2023)
5.1.3 North America MRI Safe Implantable Device Sales in Value by Country (2018-2023)
5.2 North America MRI Safe Implantable Device Forecasted Market Size by Country
5.2.1 North America MRI Safe Implantable Device Sales in Volume by Country (2024-2029)
5.2.2 North America MRI Safe Implantable Device Sales in Value by Country (2024-2029)
6 Europe MRI Safe Implantable Device by Country
6.1 Europe MRI Safe Implantable Device Historic Market Size by Country
6.1.1 Europe MRI Safe Implantable Device Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe MRI Safe Implantable Device Sales in Volume by Country (2018-2023)
6.1.3 Europe MRI Safe Implantable Device Sales in Value by Country (2018-2023)
6.2 Europe MRI Safe Implantable Device Forecasted Market Size by Country
6.2.1 Europe MRI Safe Implantable Device Sales in Volume by Country (2024-2029)
6.2.2 Europe MRI Safe Implantable Device Sales in Value by Country (2024-2029)
7 Asia-Pacific MRI Safe Implantable Device by Region
7.1 Asia-Pacific MRI Safe Implantable Device Historic Market Size by Region
7.1.1 Asia-Pacific MRI Safe Implantable Device Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific MRI Safe Implantable Device Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific MRI Safe Implantable Device Sales in Value by Region (2018-2023)
7.2 Asia-Pacific MRI Safe Implantable Device Forecasted Market Size by Region
7.2.1 Asia-Pacific MRI Safe Implantable Device Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific MRI Safe Implantable Device Sales in Value by Region (2024-2029)
8 Latin America MRI Safe Implantable Device by Country
8.1 Latin America MRI Safe Implantable Device Historic Market Size by Country
8.1.1 Latin America MRI Safe Implantable Device Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America MRI Safe Implantable Device Sales in Volume by Country (2018-2023)
8.1.3 Latin America MRI Safe Implantable Device Sales in Value by Country (2018-2023)
8.2 Latin America MRI Safe Implantable Device Forecasted Market Size by Country
8.2.1 Latin America MRI Safe Implantable Device Sales in Volume by Country (2024-2029)
8.2.2 Latin America MRI Safe Implantable Device Sales in Value by Country (2024-2029)
9 Middle East and Africa MRI Safe Implantable Device by Country
9.1 Middle East and Africa MRI Safe Implantable Device Historic Market Size by Country
9.1.1 Middle East and Africa MRI Safe Implantable Device Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa MRI Safe Implantable Device Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa MRI Safe Implantable Device Sales in Value by Country (2018-2023)
9.2 Middle East and Africa MRI Safe Implantable Device Forecasted Market Size by Country
9.2.1 Middle East and Africa MRI Safe Implantable Device Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa MRI Safe Implantable Device Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Medtronic
10.1.1 Medtronic Company Information
10.1.2 Medtronic Introduction and Business Overview
10.1.3 Medtronic MRI Safe Implantable Device Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Medtronic MRI Safe Implantable Device Products Offered
10.1.5 Medtronic Recent Development
10.2 Zimmer Biomet
10.2.1 Zimmer Biomet Company Information
10.2.2 Zimmer Biomet Introduction and Business Overview
10.2.3 Zimmer Biomet MRI Safe Implantable Device Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Zimmer Biomet MRI Safe Implantable Device Products Offered
10.2.5 Zimmer Biomet Recent Development
10.3 Biotronik
10.3.1 Biotronik Company Information
10.3.2 Biotronik Introduction and Business Overview
10.3.3 Biotronik MRI Safe Implantable Device Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Biotronik MRI Safe Implantable Device Products Offered
10.3.5 Biotronik Recent Development
10.4 Boston Scientific
10.4.1 Boston Scientific Company Information
10.4.2 Boston Scientific Introduction and Business Overview
10.4.3 Boston Scientific MRI Safe Implantable Device Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Boston Scientific MRI Safe Implantable Device Products Offered
10.4.5 Boston Scientific Recent Development
10.5 Abbott
10.5.1 Abbott Company Information
10.5.2 Abbott Introduction and Business Overview
10.5.3 Abbott MRI Safe Implantable Device Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Abbott MRI Safe Implantable Device Products Offered
10.5.5 Abbott Recent Development
10.6 Stryker
10.6.1 Stryker Company Information
10.6.2 Stryker Introduction and Business Overview
10.6.3 Stryker MRI Safe Implantable Device Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Stryker MRI Safe Implantable Device Products Offered
10.6.5 Stryker Recent Development
10.7 Smith & Nephew
10.7.1 Smith & Nephew Company Information
10.7.2 Smith & Nephew Introduction and Business Overview
10.7.3 Smith & Nephew MRI Safe Implantable Device Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Smith & Nephew MRI Safe Implantable Device Products Offered
10.7.5 Smith & Nephew Recent Development
10.8 Johnson & Johnson
10.8.1 Johnson & Johnson Company Information
10.8.2 Johnson & Johnson Introduction and Business Overview
10.8.3 Johnson & Johnson MRI Safe Implantable Device Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Johnson & Johnson MRI Safe Implantable Device Products Offered
10.8.5 Johnson & Johnson Recent Development
10.9 Smiths Medical
10.9.1 Smiths Medical Company Information
10.9.2 Smiths Medical Introduction and Business Overview
10.9.3 Smiths Medical MRI Safe Implantable Device Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Smiths Medical MRI Safe Implantable Device Products Offered
10.9.5 Smiths Medical Recent Development
10.10 Abbott
10.10.1 Abbott Company Information
10.10.2 Abbott Introduction and Business Overview
10.10.3 Abbott MRI Safe Implantable Device Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Abbott MRI Safe Implantable Device Products Offered
10.10.5 Abbott Recent Development
10.11 Cochlear
10.11.1 Cochlear Company Information
10.11.2 Cochlear Introduction and Business Overview
10.11.3 Cochlear MRI Safe Implantable Device Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Cochlear MRI Safe Implantable Device Products Offered
10.11.5 Cochlear Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 MRI Safe Implantable Device Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 MRI Safe Implantable Device Industrial Chain Analysis
11.4 MRI Safe Implantable Device Market Dynamics
11.4.1 MRI Safe Implantable Device Industry Trends
11.4.2 MRI Safe Implantable Device Market Drivers
11.4.3 MRI Safe Implantable Device Market Challenges
11.4.4 MRI Safe Implantable Device Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 MRI Safe Implantable Device Distributors
12.3 MRI Safe Implantable Device Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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