IMPLANTABLE MEDICAL DEVICES MARKET ANALYSIS

Regional Analysis

Strong healthcare infrastructure and technological advancements are responsible for the growth of North America

Regional segmentation of implantable medical devices market by Coherent Market Insights comprises of North America, Latin America, Europe, Asia Pacific, Africa, and Middle East. North America dominates in the implantable medical devices market owing to the factors such as strong healthcare infrastructure, supportive reimbursement, rising geriatric population, awareness about medical assistance, technological advancements, and high purchasing power. Lack of alternative treatments for many chronic disorders and injuries are also helping the growth of implantable medical devices market in North America.  Increase in investment by government for healthcare sector, unmet medical needs, huge population base, are the major factors that might fuel the growth of the implantable medical devices market in Asia-Pacific.