Cardiovascular Devices Market Overview: Market Size, Drivers And Trends
The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032
North America held the largest cardiovascular devices market share.
The global cardiovascular devices market is expected to grow from $59.55 billion in 2022 to $64.39 billion in 2023 at a compound annual growth rate (CAGR) of 8.1%. The cardiovascular devices market is expected to grow to $83.35 billion in 2027 at a CAGR of 6.7%.
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Key Cardiovascular Devices Market Segments
1) By Type: Cardiovascular Surgery Devices And Equipment, Cardiac Rhythm Management (CRM) Devices And Equipment, Interventional Cardiology Devices And Equipment, Defibrillator Devices And Equipment, Peripheral Vascular Devices And Equipment, Prosthetic Heart Valve Devices And Equipment, Electrophysiology Devices And Equipment, Cardiac Assist Devices And Equipment
2) By End User: Hospitals And Clinics, Diagnostic Laboratories, Other End Users
3) By Type of Expenditure: Public, Private
4) By Product: Instruments/Equipment, Disposables
Recent Cardiovascular Devices Market Trend – Adopting Leadless Pacemakers
Leadless pacemakers are used to treat medical disorders such as sluggish heart rate (bradycardia) since they are less invasive than traditional pacemakers. A leadless pacemaker is a self-contained device that is implanted in the right ventricle of the heart without the use of incisions, leads, or surgical pockets. In addition, the medical procedure for a leadless pacemaker can be completed in less than 30 minutes, with few post-procedural constraints. These devices are gaining popularity because they minimise lead-related problems such as heart perforation, pneumothorax, and lead dislodgement. Medtronic and Abbott are two major manufacturers of leadless pacemakers.
Cardiovascular Devices Market Prominent Players
Major players in the cardiovascular devices market are Medtronic Inc., Boston Scientific Corporation, Abbott Laboratories, Edwards Lifesciences, Cardinal Health, Inc., Johnson & Johnson, Terumo Corporation, Getinge Group, Teleflex Inc., and Becton Dickinson.
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The Cardiovascular Devices Global Market Report 2023 provides a comprehensive overview on the cardiovascular devices market size, trends and drivers, opportunities, strategies, and companies analysis. The countries covered in the cardiovascular devices market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
Cardiovascular gadgets monitor and control irregular heartbeats and heart rhythm abnormalities.
View More Related Reports –
Cardiovascular Surgery Devices And Equipment Global Market Report 2023
Cardiovascular Monitoring And Diagnostic Devices And Equipment Global Market Report 2023
Cardiovascular Digital Solutions Global Market Report 2023
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