In an aging society where chronic diseases is a leading
factor in the health system, technical advancements are necessary to preserve
the quality of life through keeping the affordable prices. Microelectronic
implants are playing a pioneering role that help to detect specific medical
parameters. Additionally, these implants are able to take immediately
autonomous therapeutic measures, combining diagnosis and treatment in a single
system.
The increasing technological advancements have opened more
opportunities of developing new and innovative medical implant devices with
advanced electrical properties that can improve diagnosis and treatment of previously
intractable conditions such as, cardiovascular diseases, neurological
disorders, hearing disorders and others. Medical implantable devices like
pacemakers, cochlear implants, ventricular assist devices, spinal cord
stimulators and others, are used to treat these conditions. In 2017, according
to the World health organization, the increasing prevalence of cardiovascular
diseases is the major cause of death all over the world. Moreover, it was
mentioned that 17.9 million people across the globe died due to cardiovascular
diseases in 2016.
Furthermore, rising neurological disorders like Alzheimer’s
disease, Parkinson’s disease, epilepsy and others, drive the demand for
microelectronic medical implants. According to the Alzheimer's Association in
2017, around 44 million people have Alzheimer’s or other related dementia
worldwide. According the World Health Organization (WHO), nearly 466 million
people have disabling hearing loss worldwide, in 2018. It also predicted that
by 2050, over 900 million people will suffer from disabling hearing loss. Thus,
such high prevalence of cardiovascular diseases, neurological disorders and
hearing disorders globally is anticipated to lead the market growth in the
coming years.
Microelectronic medical implant is an emerging field in the medical industry and has led to various developments of the products, in the field of cardiology, neurology and otology. Many of the market players are developing novel products in order to minimize the burden of cardiovascular diseases, neurological disorders and hearing disorders. For instance, Boston Scientific Corporation in September 2017, launched the Resonate family of Implantable Cardioverter Defibrillator (ICD) and cardiac resynchronization therapy defibrillator (CRT-D) systems. This product is powered by EnduraLife battery technology, which has double battery capacity as compared to other devices. On the other hand, cochlear implants are used by more than 200,000 patients across the globe. Thus, the rate of widespread diseases such as, cardiac & renal failure, hearing disorders, and neurological disorders are increasing therefore, the demand for new products and innovative technologies is high.
Microelectronic medical implant is an emerging field in the medical industry and has led to various developments of the products, in the field of cardiology, neurology and otology. Many of the market players are developing novel products in order to minimize the burden of cardiovascular diseases, neurological disorders and hearing disorders. For instance, Boston Scientific Corporation in September 2017, launched the Resonate family of Implantable Cardioverter Defibrillator (ICD) and cardiac resynchronization therapy defibrillator (CRT-D) systems. This product is powered by EnduraLife battery technology, which has double battery capacity as compared to other devices. On the other hand, cochlear implants are used by more than 200,000 patients across the globe. Thus, the rate of widespread diseases such as, cardiac & renal failure, hearing disorders, and neurological disorders are increasing therefore, the demand for new products and innovative technologies is high.
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