Europe Active Implantable Medical Devices Market Report

Europe Active Implantable Medical Devices Market Report, By Product (Implantable Cardioverter Defibrillators, Ventricular Assist Devices, Implantable Heart Monitors/Insertable Loop Recorders, Neurostimulators, Implantable Hearing Devices) End-Users (Hospitals, Ambulatory Centers, Cardiac Centers, Dental Clinics, Others) and Country- Europe Market Share, Trend Analysis & Forecast , 2019 - 2028

Report Code : 10592 | Publish Date : Upcoming | Industry : Healthcare | Geography : Europe


An active implantable medical devices are the devices that are placed inside patient’s body during a medical procedure, such as surgery, and is designed to stay there after the procedure. Examples of an active implantable devices include implantable cardiac defibrillators (ICDs), cardiac pacemakers, coronary stents, implantable insulin pumps, and many others. Used for a variety of treatments in several specialized fields, these devices represent a profitable and significant segment of the healthcare industry. 

Market Dynamic - Europe Active Implantable Medical Devices Market

Europe active implantable medical devices market held the second position in the global market and is likely to continue during the forecast period. The countries such as the UK, Germany, France, Spain, and Italy have dominated the market in the past few years.  The major driving factor behind the market growth is rapid growth in the European medical instrument or device and healthcare market. Furthermore, factors such as increasing investments and funds for highly developed technological products, the rising burden of cardiovascular diseases, increasing number of injuries and accidents, growing number of organ failures and regular and high orthopedic and osteoarthritis injuries in elderly population are also contributing to the European market. 

COVID 19 Impact on Europe 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. 


Europe Active Implantable Medical Devices Market Segmental Overview

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

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 projected to witness high growth during the estimated timeframe. The implantable cardioverter defibrillators segment is further bifurcated into transvenous implantable cardioverter defibrillators and subcutaneous implantable cardioverter defibrillators. These devices are battery-powered device located under the skin that keeps track of patient’s heart rate. They are useful in preventing sudden death in patients with known, sustained ventricular fibrillation or tachycardia. These devices also play an important role in preventing cardiac arrest in high-risk patients with life-threatening ventricular arrhythmias. 

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. 

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. An increasing adoption of active implantable medical devices in hospitals, cardiac centres, dental clinics and many others to improve treatment quality and safety of the patients is major driving factor behind the growth of end users segment. 

Active Implantable Medical Devices Market by Country

Country wise, the study is comprised of the key countries such as the UK, Germany, France, Spain, Italy and rest of the Europe. Germany held the largest market share of Europe active implantable medical devices market and is likely to dominate the market over the estimated time frame. Rising prevalence of cardiovascular diseases in the country is major factor behind the market growth. For instance, in Germany, cardiovascular diseases are the major cause of death, accounting for about 40% of all deaths. Moreover, extensive progress in the French healthcare and medical device industry is likely to improve market for active implantable medical devices across the Europe region.

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.

The study analyses Europe 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/insertable loop recorders, neurostimulators, and implantable hearing devices. The implantable cardioverter defibrillators segment is likely to dominate the market over the forecast period. Increased prevalence rate of cardiovascular diseases across the region is attributed to the market growth. By end users, the market is segmented into hospitals, ambulatory centers, cardiac centers, dental clinics, and others. The hospitals segment is likely to register fastest growth in years to come owing to the increasing number of hospitals across the region. Geographically, the study is comprised of the key countries such as the UK, Germany, France, Spain, Italy and rest of the Europe.

Why to buy this report:

  • The report offers changing market dynamics in the Active Implantable Medical Devices market industry, presenting historical, current and projected market size in terms of value (USD Million)
  • The research study provides an in-depth analysis of the industry value chain focusing on the peer and parent markets of the Active Implantable Medical Devices market
  • It presents a comprehensive assessment of countries exhibiting promising growth, potential and niche segments and a neutral perspective of the Active Implantable Medical Devices market performance
  • The report also offers strategic recommendations in key business segments based on the market estimations and competitive landscape, mapping the key common trends of Active Implantable Medical Devices market