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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Global Medical Implant Market Growth Drivers
Rising Cases of Chronic Diseases to Affect the Market Landscape Significantly
The market is driven by the rising cases of cardiovascular and orthopedic diseases such as abnormal heart rhythms, aorta disease, congenital heart disease, osteoarthritis, rheumatoid arthritis, and cubital tunnel syndrome, among others. Additionally, the growing dental problems, owing to the rising consumption of junk food and less awareness about oral care, are likely to generate a significant demand for dental implants in the forecast period. Furthermore, the improving healthcare infrastructure, coupled with the increasing number of healthcare professionals and favourable reimbursement policies, is anticipated to boost the market growth in the coming years.
Strategic Collaborations Poised to Meet Rising Medical Implant Market Demand
In June 2024, Germany-based 3D printing medical implant maker BellaSeno GmbH announced its plans to launch a fully automated production facility by 2025 in Australia with the aim to manufacture its resorbable soft tissue and bone reconstruction implants. The facility, employing AI-driven, no-touch manufacturing 3D printing, is anticipated to generate around 100,000 custom-made breast scaffolds annually. The establishment of this 3D printing facility is a collaborative effort, receiving financing from the Queensland Government’s Industry Partnership Program amounting to USD 274 million and a strategic partnership with Queensland’s largest hospital and health service provider, Metro North Health. This initiative reflects the trend of international collaborations and increased financial support for advanced medical technologies, which is expected to drive market growth in the forecast period.
Medical Implant Market Report Snapshots
Medical Implant Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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