- Increasing demand for minimally invasive procedures, high obesity rates, aging population, and others will bring exponential growth prospects for the implantable medical devices market during
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Active Implantable Medical Devices Market to Reflect Steady Growth Rate by 2026 Report includes market status and forecast of global and major regions, with introduction of vendors, regions, product types and end industries; and this report counts product types and end industries in global and major regions.
BriefingWire.com, 5/13/2021 - Active Implantable Medical Devices (AIMD) is an active medical device intended to be introduced into the human body, either completely or partially, or through any medical intervention surgically or medically into a natural orifice and is intended to remain after the completion of the procedure. Some of the AIMD devices include implantable cardiac pacemakers, implantable defibrillators and cochlear implants.
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The global surgical robotics market is anticipated to grow with a robust CAGR of 10.2% during the forecast period, 2021-2031. The market for surgical robotics generated $5.46 billion in 2020, in terms of value and is estimated to reach $16.77 billion by 2031.
The global surgical robotics market is anticipated to witness tremendous growth over the forecast period primarily due to the increasing prevalence rate of chronic disorders, elevating global population coupled with the geriatric population, improving reimbursement policies, and public initiatives and funding to develop technologically advanced products. The market for surgical robotics (product type) is divided into three segments, namely, surgical systems, instruments & accessories, and services.