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 cardiac pacemakers market share, and Asia-Pacific was the fastest-growing region in 2022.

The global cardiac pacemakers market is expected to grow from $4.28 billion in 2022 to $4.52 billion in 2023 at a compound annual growth rate (CAGR) of 5.5%. The cardiac pacemakers market size is expected to grow to $5.28 billion in 2027 at a CAGR of 4.0%.

Major Driver In The Cardiac Pacemakers Market ­– Increase In Cardiovascular Diseases
According to the Centres for Disease Control and Prevention, an American national public health body, around 697,000 individuals died from heart disease in the United States in 2020, accounting for nearly one-fifth of all deaths. As a result, the increased prevalence of cardiovascular disorders will propel the cardiac pacemaker market forward.

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Key Cardiac Pacemakers Market Segments
1) By Type: Implantable, External
2) By Technology: Biventricular, Single Chambered, Dual Chambered
3) By Application: Arrhythmias, Heart Blockage, Atrial Fibrillation, Long QT Syndrome, Congestive Cardiac Failure, Other Applications
4) By End User: Clinics And Hospitals, Ambulatory Surgical Centers, Cardiac Care Centers

Recent Cardiac Pacemakers Market Trend – New Innovations
To further serve the cardiac pacemaker industry, major players are developing innovations such as leadless cardiac pacemakers. The leadless pacemaker is a generator and electrode system that is 90% smaller than a transvenous pacemaker inserted directly into the right ventricle. There is no need for a chest incision or a subcutaneous generator pocket because the device is inserted via a femoral vein transcatheter procedure, which is a minimally invasive technique for repairing a constricted aortic valve that is not opening properly. Medtronic PLC., an Ireland-based medical device firm, for example, introduced their leadless pacemaker Micra AV Transcatheter Pacing System (TPS) in January 2022. When the electrical transmission between the heart’s ventricle and atria is impaired, the Micra AV aids in the treatment of patients with AV block.

Cardiac Pacemakers Market Prominent Players
Major players in the cardiac pacemakers market are Medtronic PLC, Lepu Medical Technology Co., Abbott Inc., Biotronik SE & Co. KG, Boston Scientific Corporation, LivaNova PLC, Medico SRL, Osypka AG, Oscor Inc., MicroPort Scientific Corporation, Pacetronix, Zoll Medical Corporation, Cook Medical, Vitatron, St Jude Medical Inc., and Cordis Corporation.

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The Cardiac Pacemakers Global Market Report 2023  provides a comprehensive overview on the cardiac pacemakers market size, trends and drivers, opportunities, strategies, and companies analysis. The countries covered in the cardiac pacemakers 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.

A cardiac pacemaker is a small electronic device that generates electrical impulses and keeps the heart from beating too fast or too slow, and it aids in the treatment of heart diseases such as arrhythmias, which are irregular heartbeats. The cardiac pacemakers are used to keep the heartbeats in rhythm.

View More Related Reports –
Cardiac Assist Devices And Equipment Global Market Report 2023
Cardiac Rhythm Management (CRM) Devices And Equipment Global Market Report 2023
Pacemakers Global Market Report 2023

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