GITNUX MARKETDATA REPORT 2024

Medical Implants Industry Statistics

The medical implants industry is expected to experience steady growth over the next few years as advancements in technology drive increased demand for replacement and therapeutic devices.

Statistic 1

"The global medical implants market size was valued at USD 77.4 billion in 2020."

Sources Icon

Statistic 2

"It is estimated that the medical implants market will reach USD 112.08 billion by 2027."

Sources Icon

Statistic 3

"The dental implants segment accounted for the largest share of the medical implants market in 2020."

Sources Icon

Statistic 4

"North America dominated the medical implants market with the largest share in 2020."

Sources Icon

Statistic 5

"The European medical implants market is projected to grow at a CAGR of 4.6% during 2021-2026."

Sources Icon

Statistic 6

"Metal materials are currently the most commonly used for medical implants."

Sources Icon

Statistic 7

"The Asia Pacific market is expected to register the fastest growth in medical implants from 2021 to 2028."

Sources Icon

Statistic 8

"The spinal implants segment is projected to grow significantly at a CAGR of over 5.9% during the forecast period."

Sources Icon

Statistic 9

"Hospitals are the largest end use segment of the medical implants market in 2020."

Sources Icon

Statistic 10

"The cardiac implants segment is expected to exhibit the highest CAGR of 7.2% from 2021 to 2026."

Sources Icon

Statistic 11

"About 95% of total hip replacements and 90% of total knee replacements last at least 15 years."

Sources Icon

Statistic 12

"The orthopedic implants segment was worth USD 42.8 billion in 2018."

Sources Icon

Statistic 13

"The plastic surgery implants segment is expected to grow to USD 9.04 billion by 2028."

Sources Icon

Statistic 14

"Market growth is expected to be driven by the increasing prevalence of chronic diseases, which require medical implants."

Sources Icon

Statistic 15

"In 2019, nearly 3 million pacemaker implants were performed worldwide."

Sources Icon

Statistic 16

"The global retinal implants market is estimated to reach USD 290 million by 2026."

Sources Icon

Statistic 17

"The commercialization of robotic surgeries is set to boost the growth of the orthopedic implants segment."

Sources Icon

Statistic 18

"The growth of the medical implants market in South America will be backed by an increase in the elderly population."

Sources Icon

Statistic 19

"In 2018, around 200,000 cochlear implants were performed globally."

Sources Icon

Statistic 20

"Issues such as high cost and risk of infection prevent the wider adoption of medical implants."

Sources Icon

... Before You Leave, Catch This! 🔥

Your next business insight is just a subscription away. Our newsletter The Week in Data delivers the freshest statistics and trends directly to you. Stay informed, stay ahead—subscribe now.

Sign up for our newsletter and become the navigator of tomorrow's trends. Equip your strategy with unparalleled insights!