Increasing Prevalence of Chronic Disorders and Adoption of 3D Printing In Developing Implantable Medical Devices to Boost Growth of US Implantable Medical Devices
The US implantable medical devices market is driven by several factors such as increasing prevalence of chronic disorders. According to the American Heart Association 2019 Heart Disease and Stroke Statistics, around 5.3 million people in the U.S. suffer from atrial fibrillation and around 795,000 people have a new or recurrent stroke annually. Examples of implantable devices include, cardiac pacemakers, implantable cardiac defibrillators, coronary stents, hip implants, interocular lenses, and implantable insulin pumps. Implants and stents are two of the newest medical products available. While implantable cardiac pacemakers and implantable stents are the latest offerings in the medical field, cardiac stents have been around for a number of years. Stents are used to control abnormal heart rhythm, which can result in heart failure or even death in some cases. The demand for stents is expected to increase, owing to high prevalence of cardiovascular diseases. Cardiovascular disea...