Implantable Medical Devices Industry Study with Forecasts for 2015 & 2020

Implantable Medical Devices Industry Study with Forecasts for 2015 & 2020

Freedonia Group, Date of Publication: Mar 21, 2012

U.S. demand to increase 7.7% annually through 2015

U.S. demand for implantable medical devices will increase 7.7 percent annually to $52 billion in 2015. These products have benefited from technological advances, and growth is expected to be strong over the forecast period. Next generation devices have increased confidence in orthopedic, cardiovascular and other implants. Demand will also benefit from the lack of alternative treatments for many chronic disorders and injuries. Over the long term, sales for medical implants will be challenged by tightening control by insurance providers over maximum payment for implantations. However, the ability of medical implants to reduce overall treatment cost for many conditions, including osteoarthritis and chronic heart failure, will work in favor of growth for these products.

Orthopedic products to dominate medical implants

Orthopedic implants will remain the largest implantable device segment, both in market value and growth opportunities. US demand for orthopedic implants is forecast to increase 8.8 percent annually to $29.4 billion in 2015, spurred by technological advances and safety enhancements. It will also reflect the growing prevalence of degenerative musculoskeletal disorders, and lifestyle changes that place people at risk for sports and exercise injuries. Improved orthopedic product designs allow less invasive surgeries. At the same time, as products become more durable and longlived, demand will come from an enlarged patient base for new surgeries rather than for replacements. Also challenging this segment over the long term will be advances in pharmaceutical alternatives to treat arthritic conditions. However, the segment will benefit from the high rate of insurance coverage for orthopedic implants, combined with a stable and well-funded medical delivery system.

CRT devices to benefit cardiovascular implants segment

Cardiovascular implants have strong potential to reduce the overall treatment cost for heart disease, and at the same time contribute significantly to improved quality of life. Demand for these devices is expected to expand 5.1 percent yearly to $14.6 billion in 2015. Pacing devices will realize greatest sales, largely due to growth in cardiac resynchronization therapy (CRT). A focus on developing products that reduce mortality and improve patient outcomes has resulted in greater pricing flexibility in an increasingly cost-conscious health care environment. Demand for cardiovascular stents and related devices will follow pacing devices. Fastest growth will be in structural implants, as technological advances in heart valves, ventricularassist devices and implantable monitors encourage greater use.

Wide range of other implants to spur growth

Neurostimulators will continue to represent substantial sales, favorably building on existing applications in neurodegenerative disorders and penetrating indications involving psychiatric disorders. Drug implants will experience greatest growth, with brachytherapy in particular demonstrating rapidly changing applications to treat a wider array of cancers. Ophthalmic implants, for which applications are also extending, will experience significant demand.


Executive Summary

1 Summary Table
Market Environment
Economic Outlook
Demographic Patterns
Health Care Trends
Health Insurance
Chronic Conditions
Cardiovascular Conditions
Orthopedic Conditions
Other Chronic Conditions
Acute Conditions
National Health Expenditures
Medical Providers
Other Medical Providers
Patient Activity
Hospital Activity
Outpatient Activity
Surgical Procedures
Medical Product Markets
Pharmaceuticals & Biologicals
Medical Supplies & Devices
Medical Equipment

1 Macroeconomic Indicators
2 Population by Age Group
3 Health Insurance Coverage of
the US Population
4 Chronic Conditions by Type
5 Cardiovascular Conditions by Type
6 Orthopedic Conditions by Type
7 Acute Conditions by Type
8 National Health Expenditures
by Type & Source
9 Medical Providers by Type
10 Patient Activity by Type
11 Medical Product Demand by Type

Market Outlook
Implant Procedures
Orthopedic Procedures
Heart-Related Procedures
Other Implant Procedures
Implant Materials & Components
Microelectronic Components
Specialty Metals
Polymers & Elastomers
Other Implant Materials & Components
Regulatory Considerations
Historical Demand Patterns
Pricing Trends
US Trade
International Markets

1 Implantable Medical Devices
Demand by Product Group
2 Medical Implant Procedures Volume by Type
3 Implantable Medical Devices - Components
& Materials Demand by Type
4 Implantable Medical Devices - Historical
Demand Patterns, 1999-2009
5 US Trade in Implantable Medical Devices
6 World Implantable Medical Devices Demand

Reconstructive Joint Replacements
Knee Replacements
Types of Knee Replacements
Cemented & Cementless Knee Replacements
Hip Replacement Implants
Types of Hip Replacements
Other Reconstructive Joint Replacements
Shoulder Implants
Elbow Implants
Ankle Implants
All Other Reconstructive Joint Replacements
Spinal Implants
Thoracolumbar Implants
Intervertebral Spacers
Non-Bone Implants
Machined Allografts
Motion Preservation Devices
Cervical Implants
Implantable Spinal Stimulators
Hyaluronic Acid
Bone Substitutes
Bone Growth Factors
Bone Cement
Tissue Implants
Trauma Implants
Internal Fixation Devices
Craniomaxillofacial Implants
Implantable Trauma Stimulators

Dental & Other Implants

1 Orthopedic Implants Demand by Product Group
Cht Orthopedic Implants Demand
by Product Group, 2010
2 Reconstructive Joint Replacements
Demand by Type
Cht Reconstructive Joint Replacements
Demand by Type, 2010
3 Reconstructive Knee Replacements
Demand by Type
4 Reconstructive Hip Replacements
Demand by Type
5 Other Reconstructive Joint Replacements
Demand by Product Group
6 Spinal Implants Demand by Product Group
Cht Spinal Implants Demand by Product Group, 2010
7 Thoracolumbular Implants Demand by Application
8 Intervertebral Spacers Demand by Type
9 Motion Preservation Devices Demand
10 Cervical Implants Demand by Application
11 Implantable Spinal Stimulators Demand
12 Orthobiologics Demand by Product Group
Cht Orthobiologics Demand by Product Group, 2010
13 Hyaluronic Acid Demand
14 Bone Substitutes Demand
15 Bone Growth Factors Demand
16 Bone Cement Demand
17 Tissue Implants Demand
18 Trauma Implant Devices Demand
by Product Group
19 Internal Fixation Devices Demand by Application
20 Craniomaxillofacial Implants Demand
21 Implantable Trauma Stimulators Demand
22 Dental Implant Demand

Pacing Devices
Cardiac Resynchronization Therapy Devices (CRT-Ds)
Implantable Cardioverter Defibrillators (ICDs)
Implantable Cardiac Pacemakers (ICPs)
Pacing Accessories
Pacing Leads
Pacing Batteries
Cardiac Stents & Related Implants
Coronary Stents
Drug-Eluting Stents
Bare-Metal Coronary Stents
Peripheral Stents
Endovascular Stent-Grafts
Renal & Related Stents
Femoral & Related Stents
Carotid Stents
Stent-Related Implants
Synthetic Grafts
Vascular Grafts
Peripheral Grafts

Vena Cava Filters
Structural Cardiac Implants
Heart Valves & Accessories
Tissue Heart Valves
Mechanical Heart Valves
Heart Valve Repair Devices
Ventricular-Assist Devices
Implantable Heart Monitors
Insertable Loop Recorders (ILRs)
Implantable Hemodynamic Monitors (IHMs)

1 Cardiovascular Implants Demand
by Product Group
Cht Cardiovascular Implants Demand
by Product Group, 2010
2 Pacing Devices by Product Group
Cht Pacing Devices Demand by Product Group, 2010
3 Chronic Resynchronization Therapy
Devices (CRT-Ds) Demand
4 Implantable Cardioverter Defibrillators
(ICDs) Demand by Type
5 Implantable Cardiac Pacemakers
(ICPs) Demand by Type
6 Pacing Accessories Demand by Product Group
7 Cardiac Stents & Related Implants
Demand by Product Group
Cht Cardiac Stents & Related Implants
Demand by Product Group, 2010
8 Coronary Stents Demand by Type
9 Drug-Eluting Stent Demand
10 Bare-Metal Coronary Stents Demand
11 Peripheral Stents Demand by Product Group
12 Endovascular Stent Grafts Demand
13 Renal & Related Stents Demand
14 Femoral & Related Stents Demand
15 Carotid Stents Demand
16 Stent-Related Implants Demand
by Product Group
17 Synthetic Grafts Demand
18 Vena Cava Filters Demand
19 Structural Cardiac Implants
Demand by Product Group
20 Heart Valves & Related Accessories
Demand by Type
21 Ventricular-Assist Devices (VADs) Demand
22 Implantable Heart Monitors Demand

Neurological Stimulators
Ophthalmic Implants
Intraocular Lenses
Glaucoma & Other Ophthalmic Implants
Gynecological Devices
Soft Tissue Repair
Intrauterine Devices
Drug Implants
Hormonal Implants
Implantable Drug Pumps
Otolaryngeal Implants
Cochlear Implants
Airway & Esophageal Stents
Other Otolaryngeal Implants
Cosmetic Implants
Breast Implants
Other Cosmetic Implants
Gastrointerological Implants
Gastric Bands
Biliary Stents
Other Gastrointerological Implants
Urological Implants
Penile & Testicular Implants
Other Urological Devices
All Other Implantable Medical Devices

1 Other Implantable Medical Devices
Demand by Product Group
2 Implantable Neurological Stimulators Demand
3 Ophthalmic Implants Demand by Product Group
4 Gynecological Implants Demand
by Product Group
5 Drug Implants Demand by Product Group
6 Otolaryngeal Implants Demand by Product Group
7 Cosmetic Implants Demand by Type
8 Gastrointerological Implants
19 Urological Implants Demand by Type
10 Other Implantable Medical Devices

Market Share
Competitive Strategies
Mergers & Acquisitions
Licensing & Related Agreements
Research & Development
Marketing & Distribution


1 Implantable Medical Devices -
US Sales by Company
Cht US Orthopedic Implants Market Share, 2010
Cht US Cardiovascular Implants Market Share, 2010
Cht US Other Implants Market Share, 2010
2 Selected Acquisitions & Divestitures
3 Selected Cooperative Agreements

Company Profiles


Date of Publication:
Mar 21, 2012
File Format:
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