IMPLANTABLE MEDICAL DEVICES MARKET ANALYSIS

Leading Companies

The cost effective and technologically efficient medical devices are helping the industry players to strengthen their position in implantable medical devices market

Key drivers operating the implantable medical devices market includes Abbott Laboratories, Boston scientific Corporation, Johnson & Johnson, Dentsply Sirona, Medtronic plc, Smith & Nephew plc, Stryker Corporation, Terumo Corporation, and Zimmer Biomet Holdings. The major players in the implantable medical devices market have improved manufacturing techniques, upgraded the current set of products to sustain in the highly competitive implantable medical devices market. Companies have launched cost-effective and technologically advanced medical devices to hold the position in the implantable medical devices market. For instance, the Micra TPS, world’s smallest pacemaker by Medtronic plc received U.S. FDA approval and CE mark approval in April 2015 that can be implanted directly into the heart with the help of a catheter.