Towards Healthcare
Implantable Medical Devices Market to Climb USD 187.16 Bn by 2035

Implantable Medical Devices Market Drivers and New Developments

According to forecasts, the global implantable medical devices market will grow from USD 103.14 billion in 2025 to USD 187.16 billion by 2035, with an expected CAGR of 6.14%. In 2024, North America led the implantable medical devices market with 44% share. Cardiovascular implants dominated, while dental implants are expected to grow the fastest. Metallic biomaterials led, but natural materials are projected to grow rapidly. Hospitals were the largest end-user, with outpatient facilities growing fast.

Category: Medical Devices Insight Code: 5517 Format: PDF / PPT / Excel

The global implantable medical devices market size is calculated at USD 103.14 billion in 2025, grew to USD 109.47 billion in 2026, and is projected to reach around USD 187.16 billion by 2035. The market is expanding at a CAGR of 6.14% between 2026 and 2035. The rising prevalence of chronic disorders, increasing number of surgeries, and technological advancements drive the market.

Implantable Medical Devices Market Trends and Growth (2026)

Key Takeaways

  • Implantable medical devices market to crossed USD 109.47 billion by 2026.
  • Market projected at USD 187.16 billion by 2035.
  • CAGR of 6.14% expected in between 2026 to 2035.
  • North America dominated the global market share by 44% in 2024.
  • Asia-Pacific is projected to host a significantly growing implantable medical devices market in the coming years.
  • By product, the cardiovascular implants segment held a dominant presence in the market in 2024.
  • By product, the dental implants segment is expected to grow at the fastest rate in the market during the forecast period.
  • By biomaterial, the metallic segment held the largest share of the market in 2024.
  • By biomaterial, the natural segment is anticipated to grow with the highest CAGR in the market during the studied years.
  • By end-use, the hospitals segment led the global market in 2024.
  • By end-use, the outpatient facilities segment is projected to expand rapidly in the market in the coming years.

Quick Facts Table

Key Elements Details
Market Size in 2026 USD 109.47 Billion
Projected Market Size in 2035 USD 187.16 Billion
CAGR (2026 - 2035) 6.14%
Leading Region North America by 44%
Market Segmentation By Product, By Biomaterial, By End-Use and By Region
Top Key Players Abbott Laboratories, Alcon, Cochlear Limited, Fresenius Medical Care, GE Healthcare, Globus Medical, Integra LifeSciences, Johnson & Johnson, Medtronic, NuSil Technology, LLC, Royal Philips, Siemens Healthineers, Silq Technologies Corporation, Stryker Corporation

Implantable Medical Devices Market: Bio-Tech Synergy

Implantable medical devices are tools that are either placed inside the body or on its surface. They are either placed for a temporary or permanent purpose, depending on the patient’s conditions. Some of the most common examples of implantable devices include artificial joints, breast implants, cochlear implants, pacemakers, and intraocular lenses. These devices are used for a wide range of purposes, including prosthetics, medication delivery, monitoring body functions, and providing support to organs and tissues.

The rising prevalence of chronic disorders increases the need for implants to maintain body functions. The increasing number of surgeries globally boosts the market. The growing research and development activities lead to the development of novel implants. Technological advancements such as AI and 3D printing augment market growth. Favorable regulatory frameworks and increasing investments from government and private organizations favor the development of novel implants.

Novel Medical Devices, 2023

  • In February 2025, Silq Technologies Corporation announced a collaboration with NuSil Technology, LLC, to facilitate the utilization of Silq’s zwitterionic surface treatment technology on implantable medical devices produced with NuSil’s silicone products. The technology will be used to resolve complications such as infections, premature device failure, and surgical removal and replacement.
  • In February 2025, StairMed announced the closing of its Series B funding round, raising $48 million, marking the largest investment in China’s implantable brain-machine interface industry. The funding would accelerate clinical trials, advance research and development of next-generation technologies, and build a medical-grade microelectromechanical production facility.
  • In July 2024, Neuspera Medical, Inc. announced that it raised $23 million in a Series D funding round. The funding was raised to facilitate the FDA pre-market approval of the Neuspera system, a minimally invasive and ultra-miniaturized implant for providing relief from urinary urge incontinence (UUI).

Growth Factors

  • Growing rate of chronic diseases: The growing conditions like orthopedic problems, cardiovascular disease, and diabetes in many people increase demand for implantable devices to improve patient outcomes. According to the World Health Organization, about 830 million people are suffering from diabetes worldwide, and the majority of them live in middle and low-income countries.
  • Technological advancements: The growing technological advancements in device design, biomaterials, and manufacturing processes help in the market growth. Technological innovations like integration of digital health features, miniaturization, and improved biocompatibility make devices more appealing, effective, and accessible to patients.
  • Strong government support: In many countries, governments are promoting domestic manufacturing of medical devices to improve healthcare systems. For instance, the Indian government policy like National Medical Devices, aims to increase domestic manufacturing capabilities, foster research & development & innovation and enhance access to high-quality and affordable medical devices.
  • Digital health integration: The busy lifestyles of people are giving preference to remote monitoring and telehealth. Implantable medical devices are equipped with wireless connectivity and sensors that enhance remote monitoring of patient data. Real-time data from devices allows for better treatment decisions.

Impact of AI on the Implantable Medical Devices Market

Integrating artificial intelligence (AI) into implantable medical devices leads to the development of “smart implants”. Smart implants contain sensors that provide real-time monitoring data of a patient’s conditions. They also enable healthcare professionals to monitor the health and function of the implant. AI and machine learning (ML) algorithms enhance diagnostic capabilities and facilitate personalized interventions. AI and ML allow researchers to adapt designs to specific patient needs and complex medical requirements and accelerate the development process. Integrating AI in implantable devices exhibits strengths in longevity. AI can enable researchers to develop devices with longer battery life, simplify programming, and enable remote monitoring. AI and ML can also predict rejection rates, allowing healthcare professionals to overcome biocompatibility issues.

Market Dynamics

Driver

Minimally Invasive Surgeries

The major growth factor of the implantable medical devices market is the growing demand for minimally invasive surgeries. Minimally invasive surgeries result in smaller incisions, resulting in faster recovery and fewer complications. It reduces trauma, pain, complications, scarring, and recovery time for patients. It also results in a reduced risk of infection and shorter hospital stay. The increasing number of minimally invasive surgeries potentiates the demand for implantable medical devices. These surgeries necessitate the use of implantable devices. Some common examples include laparoscopes, endoscopes, and robotic surgery systems. These devices are used to view the organs and tissues inside the body during a surgical procedure. It is estimated that 15.2 million laparoscopic procedures, such as cholecystectomy, nephrectomy, and bariatric surgery, were performed globally in 2023. Numerous researchers are developing implantable devices that can be inserted through minimally invasive surgeries, enhancing treatment accessibility.

Restraint

Biocompatibility Issues

The major challenge of the market is the biocompatibility issue of implantable medical devices. The body’s natural foreign response restricts implantable devices, leading to inflammation, scarring, and potential device failure. This presents a significant risk to the patient, hinders market growth.

Opportunity

3D and 4D Printing

The future of the implantable medical devices market is promising, driven by the advent of 3D and 4D printing technologies. 3D printing is an advanced technology to manufacture three-dimensional objects from digital files. 4D printing refers to manufacturing objects that change shape or properties over time. These technologies offer superior benefits over conventional manufacturing techniques. They lead to the development of personalized implants, depending on the patient’s needs. Implants produced through 3D and 4D printing can act as specific carriers for accurate drug release and delivery and other necessary purposes, enhancing therapeutic effects and reducing side effects. The future of biomedical science, patient-centered care, and medical devices could be completely transformed in the future by further advancements in 3D and 4D printing technologies.

Segmental Insights

Product Insights

Which Product Segment Dominated the Implantable Medical Devices Market?

By product, the cardiovascular implants segment held a dominant presence in the market in 2024. The rising prevalence of cardiovascular disorders and growing research and development activities boost the segment’s growth. It is estimated that a person dies of cardiovascular disorders every 33 seconds in the U.S. Cardiovascular implants include pacemakers, implantable cardioverter defibrillators, biventricular pacemakers, artificial heart valves, and stents. Advances in microelectronics lead to the development of smart cardiovascular implants, propelling the segment’s growth.

Dental Implants Segment: Fastest Growing

By product, the dental implants segment is expected to grow at the fastest rate in the market during the forecast period. The rising incidences of dental disorders and growing awareness for oral health augment the segment’s growth. In 2023, approximately 1.1 million dental implants were placed in California. Technological advancements in nanotechnology and 3D printing have revolutionized the dental implants industry. Dental implants can also enhance a person’s aesthetic appearance. Thus, the burgeoning medical device and biomedical sectors facilitate the segment’s growth.

Biomaterial Insights

Why Did the Metallic Segment Dominate the Implantable Medical Devices Market?

By biomaterial, the metallic segment held the largest share of the market in 2024. A metallic implant is a type of medical device that is made from metals such as stainless steel, cobalt-chromium, or titanium. Metallic implants offer high strength, high fracture toughness, and hardness. Ongoing research efforts are made to enhance the corrosion resistance of metallic implants and improve their biocompatibility. Metallic implants are used in a wide range of applications, from cardiovascular to orthopedic. They are used to produce stents, prosthetics, and drug delivery systems.

Natural Segment: Fastest Growing

By biomaterial, the natural segment is anticipated to grow with the highest CAGR in the market during the studied years. Natural implants are commonly made of hyaluronic acid, chitosan, collagen, gelatin, silk, and cellulose. The growing demand for stem cells and tissues potentiates the development of natural segments. Natural implants offer more biocompatibility than metallic implants. The rising need for biodegradable implants also promotes the segment’s growth. Biodegradable implants eliminate the need for an extra surgical procedure to remove the implantable device, reducing healthcare costs and improving patient compliance.

End-Use Insights

How the Hospitals Segment Dominated the Implantable Medical Devices Market?

By end-use, the hospitals segment led the global market in 2024. The increasing number of hospitalizations and surgeries due to the rising prevalence of acute and chronic disorders fuels the segment’s growth. Hospitals have favorable infrastructure and suitable capital investments to adopt advanced implantable devices. Favorable reimbursement policies also contribute to the segment’s growth. Hospitals stay up-to-date with the latest technologies and newly launched implantable devices, offering advanced treatment and care to patients.

Outpatient Facilities Segment: Fastest Growing

By end-use, the outpatient facilities segment is projected to expand rapidly in the market in the coming years. The growing demand for minimally invasive surgeries increases the demand for outpatient facilities. Outpatient facilities reduce hospital stays and healthcare costs, improving patient compliance and medication adherence. This ultimately improves the quality of life of individuals.

Regional Insights

Implantable Medical Devices Market NA, EU, APAC, LA, MEA Share, 2024 (%)

Favorable Regulatory Frameworks Dominated North America

North America dominated the global market share by 44% in 2024. Favorable regulatory frameworks and technological advancements drive the market. The region has an advanced healthcare infrastructure providing state-of-the-art treatment to patients. The increasing number of surgeries due to the rising prevalence of chronic disorders potentiate implantable medical devices market growth. The increasing investments by government and private organizations to conduct research and manufacture implantable medical devices augment the market.

U.S. Market Trends

The presence of key players is a significant growth factor in the market. Key players such as Abbott Laboratories, GE Healthcare, and Johnson and Johnson hold a major share of the market. Food and Drug Administration regulates the approval of implantable medical devices in the U.S. According to the American Medical Association, around 10% of Americans will have a device implanted into their bodies during their lifetimes.

Canada Market Trends

Favorable government policies and increasing investments boost the market. The Canadian government focuses on improving the safety and effectiveness of medical devices and optimizing health outcomes for patients. The increasing number of hospitalizations propels the market. In 2023, there were more than 3.05 million hospitalizations in Canada, raising the demand for implantable devices.

Burgeoning Medical Device Sector Promote Asia-Pacific

Asia-Pacific is projected to host a significantly growing implantable medical devices market in the coming years. The rising geriatric population increases the risk of chronic disorders. The rapidly expanding medical device sector contributes to market growth. The rising healthcare expenditure encourages patients to use advanced implantable devices. Several government and private institutions conduct seminars and symposiums to raise awareness about novel implantable medical devices. The availability of suitable manufacturing infrastructure supports indigenous manufacturing of implantable devices.

China Market Trends

China’s National Medical Products Administration (NMPA) approved 117 novel medical devices in 2023. In August 2024, NMPA released the draft of China’s medical device law, “Medical Device Administration Law of the People’s Republic of China,” to underscore China’s commitment to enhancing the safety, effectiveness, and innovation of medical devices.

India Market Trends

The increasing investments and medical device startups augment market growth in India. There are about 885 medical device startups in India as of March 2025. The Indian government supports the indigenous manufacturing of medical devices through its “Make in India” policy. The government had launched the Production Linked Incentive (PLI), whose total financial outlay is Rs 3,420 crore, with production tenure from FY 2022- 23 to FY 2026- 27.

Rising Prevalence of Chronic Disorders to Drive Europe

Europe is considered to be a significantly growing area in the implantable medical devices market during the forecast period. The European Medicines Agency (EMA) regulates implantable medical devices in Europe. The rising prevalence of chronic disorders promotes the market. More than one-third of the European population, accounting for 35% of people, suffered from chronic disorders in 2023. The presence of key players such as Fresenius Medical Care, Medtronic, and Royal Philips fosters market growth.

Germany Market Trends

Germany is the third-largest medical technology market globally, after the U.S. and Japan. The growing research and development activities lead to the formation of novel implantable medical devices. The German government regulates implantable devices through the Medical Device Regulation (MDR) and the Medical Device Implementation Act (MPDG).

UK Market Trends

The increasing investments and rising healthcare expenditure favor the market. The Medtech sector in the UK represents over half of all life sciences employment and contributes billions of pounds to the economy. The UK government’s National Health Service (NHS) spends around 17% on implants and prostheses.

How Will Latin America Grow in the Implantable Medical Devices Market?

Latin America is expected to grow at a notable CAGR in the foreseeable future. The increasing prevalence of chronic disorders, such as musculoskeletal and cardiovascular disorders, leads to surgeries, potentiating the need for implantable medical devices. Foreign companies establish their manufacturing facilities in Latin America to cater to the unmet needs of the local public. The growing research activities and the rapidly evolving clinical trial infrastructure foster market growth.

Brazil Market Trends

Brazil has suitable infrastructure for cosmetic and plastic surgeries, encouraging foreign patients to visit Brazil for affordable treatment. Brazil conducts the second-highest number of plastic surgeries in the world, accounting for 3.1 million surgeries in 2024. As of November 2025, a total of 15 clinical trials were registered in Brazil related to implantable medical devices.

Value Chain Analysis – Implantable Medical Devices Market

R&D

The latest research focuses on improving the biocompatibility and leveraging AI/ML algorithms for enhanced functionality.

Key Players: Stryker Corporation, Johnson & Johnson, and Medtronic plc.

Clinical Trials & Regulatory Approval

Clinical trials assess the safety and efficacy of implantable devices for widespread applications. Regulatory agencies approve these devices based on trial data.

Key Players: A.M.I. Agency for Medical Innovations GmbH, inSoma Bio, Inc., and Abbott Medical Devices

Patient Support & Services

Healthcare professionals guide patients about implantable devices, providing tailored care.

Medical Devices Market Size and Growth

The global medical devices market size is calculated at USD 586.20 billion in 2025, grew to USD 623.37 billion in 2026, and is projected to reach around USD 1083.96 billion by 2035. The market is expanding at a CAGR of 6.34% between 2026 and 2035. Technological advancements and favorable government policies drive the market.

Medical Devices Market Trends and Growth (2026)

Top Companies in the Implantable Medical Devices Market

Implantable Medical Devices Market Companies

Latest Announcements by Industry Leaders

Arnaud Mascarell, CEO and Co-founder of FineHeart, commented on the successful filing of six new international patents for FlowMaker that these new patents consolidate the company’s position as a leading innovator in implantable medical devices. He also added that the technological innovations of FlowMaker underline their ongoing commitment to improving cardiac care for all patients worldwide.

Recent Developments in the Implantable Medical Devices Market

  • In June 2024, researchers from the Beijing Institute of Technology and Rutgers University launched a series of innovative electrospinning techniques to enhance the functionality and effectiveness of medical devices. This technology can revolutionize the development of nano/microrobots, wearable/implantable biosensors, and organ-on-chip systems.
  • In June 2024, Royal Philips announced the launch of an implantable medical device, Duo Venous Stent System, to treat symptomatic venous outflow obstruction in patients with chronic venous insufficiency (CVI). The stent withstands the forces of compression and has the flexibility to accommodate the curvature of the vessel.

Segments Covered in the Report

By Product

  • Cardiovascular Implants
  • Dental Implants
  • Orthopedic Implants
  • Ophthalmology Implants
  • Aesthetic Implants
  • Neurology Implants

By Biomaterial

  • Metallic
  • Natural
  • Ceramic
  • Polymers

By End-Use

  • Hospitals
  • Outpatient Facilities
  • Specialty Clinics & Centers

By Region

  • North America
    • U.S.
    • Canada
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Thailand
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Sweden
    • Denmark
    • Norway
  • Latin America
    • Brazil
    • Mexico
    • Argentina
  • Middle East and Africa (MEA)
    • South Africa
    • UAE
    • Saudi Arabia
    • Kuwait
FAQ's

The market is projected to expand steadily at a CAGR of 6.14% between 2026 and 2035, reaching approximately USD 187.16 billion by 2035.

Implantable medical devices offer improved functionality, enhanced independence, and targeted therapy.

Food and Drug Administration, American Medical Association, Health Canada, Press Information Bureau, GOV.UK

North America leads with a 44% share due to strong regulations and infrastructure, while Asia-Pacific is rapidly emerging with expanding medical device sectors, rising healthcare spending, and supportive government initiatives.

Cardiovascular implants dominate due to high cardiac cases, while dental implants grow fastest with advancements in nanotechnology and 3D printing.

Hospitals lead due to high surgical volumes and advanced infrastructure, while outpatient facilities grow fastest because of rising minimally invasive surgeries and reduced healthcare costs.

Major players include Abbott, Medtronic, Johnson & Johnson, Royal Philips, GE Healthcare, Stryker, Siemens Health ineers, and Cochlear, among others driving innovation and global expansion.

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Meet the Team

Shivani Zoting is a dedicated research analyst specializing in the healthcare industry. With a strong academic foundation, a B.Sc. in Biotechnology and an MBA in Pharmabiotechnology, she brings a unique blend of scientific understanding and strategy.

Learn more about Shivani Zoting

Aditi Shivarkar is a seasoned professional with over 14 years of experience in healthcare market research. As a content reviewer, Aditi ensures the quality and accuracy of all market insights and data presented by the research team.

Learn more about Aditi Shivarkar

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