Medical technology implants have revolutionized the healthcare sector. Thanks to miniaturization and their growing intelligence, small, powerful devices are performing more and more tasks in the human body. “From pacemakers to artificial joints and innovative neurological implants, they offer a wide range of solutions for medical needs”, explained Dr. Thomas R. Dietrich, CEO of the International Microtechnology Business Network IVAM. Therefore, the general topic of this year’s COMPAMED Innovation Forum was smart implant technology. The digital event, which was held as a webinar on June 3, was again presented jointly by IVAM and Messe Düsseldorf and offered insight into a key topic at the upcoming COMPAMED, High-tech Solutions for Medical Technology. The trade fair will take place at the fairgrounds in Düsseldorf, Germany from November 11 – 14, 2024.

As the leading international trade fair for suppliers of the medical technology industry, COMPAMED - which will again be held concurrently with MEDICA, the world’s leading medical trade fair - will offer the full spectrum of materials, systems, products and services for medical technology. "In the year before, MEDICA and COMPAMED recorded a total of 83,000 visitors. Based on current booking trends, we again expect more than 750 exhibiting companies at COMPAMED and more than 5,000 at MEDICA”, explained Christian Bigge, Senior Project Manager at Messe Düsseldorf.

The market for medical implants shows significant growth potential. According to Skyquest Technologies Group, the global market in 2022 was estimated at $ 90.3 billion and is expected to grow to $ 152.85 billion by 2030. Medical implants are designed to restore body functions, alleviate pain and improve quality of life. The increasing prevalence of chronic illnesses and age-related conditions such as arthrosis and cardiovascular diseases are driving market growth. Advances in implant technology and minimally invasive procedures also offer considerable potential for development.

Magnetic force for smart implants

Magnets have an important role in the further development of implants and two factors are of particular significance. Magnet technology improves patient outcomes by reducing invasive procedures and increasing quality of life on the one hand and by covering an extensive range of applications from cochlear implants to implantable medication on the other hand. This is also due to the fact that both magnetically soft and magnetically hard materials are available. If these two material types are magnetized, this results in different possible behaviors and applications: magnetically soft materials are relatively easy to change in a magnetic state, while magnetically hard materials are difficult to change and are thus considered permanent when magnetized.

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