Smart Implants Market Breakdown By Size, Share, Growth, Trends, and Industry Analysis, Envisions 8.62% CAGR Surge Up to

How big is the Global Smart Implants market?

According to MarkNtel Advisors study, the Global Smart Implants market is projected to grow at a CAGR of around 8.62% during the forecast period, i.e., 2023-28.

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Key Trend in the Market

Adoption of Smart Surgical Methodologies in Dentistry

With the rising demand for minimally invasive & technology-based implant solutions, patients are looking for smart methodologies for surgical interventions in dentistry. Therefore, researchers of various developed & emerging economies are tremendously working on smart dental implants & their associated technologies that subsequently impacted the Global Smart Implants market. For instance:

In 2021, a dental implant was designed by the University of Pennsylvania that resists bacterial growth & generates electricity due to its piezoelectric properties. The electricity generated by the implant has the ability to protect gum tissues from disease & inflammation.

Furthermore, approximately 3 million people in America have received dental implants as of 2021 & need replacement in 5-10 years because of inflammation or some gum diseases. Further, to address this issue, researchers at Penn Dental Medicine came up with two innovative technologies, such as nano-particle infused material that resists bacterial colonization & an embedded light source to conduct phototherapy.

Moreover, in 2020, a new class of dental implants for the prevention of peri-implant diseases without patient dependency was developed by scientists & researchers in the USA. Therefore, the Global Smart Dental Implants market is predicted to witness significant growth during the forecasted years on account of growing research & development in smart dental implants.

Leading Companies 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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Global Smart Implants Market Segmentation:

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.)

Here, Orthopaedic Implants accounted for a major revenue share during 2018-2028, owing to the rising number of orthopaedic surgeries across the world, resulting in the growing demand for smart implants in various geographies.

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

Regional/ Countries Insight:

North America
South America
Europe
The Middle East & Africa
Asia-Pacific

Based in the regions around the world, Europe held a considerable market share in the Global Smart Implant market during 2018-2028, attributed to the presence of all the major companies in the market.

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