Medical Bionic Implants MarketSize and Trends

Global Medical Bionic Implants Market - Dynamics

Increasing launches and approvals of new medical bionic implants is one of the major factor that drives the market growth in near future. For instance, in June 2019, Cochlear Limited, a provider of implantable hearing solutions, received approval from the U.S. Food and Drug Administration (FDA), for Nucleus Profile Plus Implant, designed to provide safe access to Magnetic Resonance Imaging (MRI) scans.

Similarly, in January 2018, Pixium Vision, a manufacturer of bionic vision systems, received approval from the US Food and Drug Administration (FDA) to initiate the clinical study for PRIMA, a wireless photovoltaic subretinal implant, indicated for the patients with Atrophic Dry Age-related Macular Degeneration (AMD).