Discover trends, market shifts, and competitive outlooks for the cardiovascular devices industry through 2025-2034 with The Business Research Company’s reliable data and in-depth research

What Are the Key Milestones in the Cardiovascular Devices Market’s Growth Trajectory From 2025 To 2034?

There has been robust growth in the cardiovascular devices market size over recent years. The market is expected to expand from $73.14 billion in 2024 to $79.78 billion in 2025, showing a compound annual growth rate (CAGR) of 9.1%. The previous growth phase is associated with factors such as diseases related to lifestyle, increasing older population, the use of minimally invasive treatments and implantable devices, better healthcare access, and regulatory approvals.

We foresee substantial expansion in the cardiovascular devices industry in the coming years. The market is projected to surge to a value of $102 billion by 2029, marking a Compound Annual Growth Rate (CAGR) of 6.3%. This anticipate growth during the predicted period is attributable to advancements such as personalized medicine, remote health monitoring, growth in emerging markets, incorporation of artificial intelligence (AI) and emphasis on value-based healthcare. Several trends during this time are expected to include wearables in cardiovascular devices, less invasive procedural options, bioresorbable devices, remote patient consultations and telesurgery, as well as sustainable and environmentally-friendly devices.

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Which Major Market Drivers Are Expected to Boost the Growth Potential of the Cardiovascular Devices Market?

The rise in cardiovascular disease is aiding the expansion of the cardiovascular device market. These diseases, encompassing a variety of ailments affecting the circulatory system, the heart, and blood vessels, are increasingly common. Heart function and blood flow in individuals with weakened or failing hearts are augmented by cardiovascular devices. As per data from the Singapore-based Immigration and Checkpoints Authority, the death toll from heart and hypertensive diseases rose by 10.35% to 6,884 in 2022, up from 6,238 in 2021. As a result, the growing occurrence of cardiovascular disease is anticipated to propel the cardiovascular device market’s growth.

Which Key Market Segments Comprise the Cardiovascular Devices Market and Drive Its Revenue Growth?

The cardiovascular devices market covered in this report is segmented –

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 Or Equipment, Disposables

Subsegments:

1) By Cardiovascular Surgery Devices And Equipment: Coronary Artery Bypass Graft (CABG) Equipment, Heart Valve Repair And Replacement Devices, Aortic Aneurysm Repair Devices, Cardiopulmonary Bypass Equipment, Other Cardiovascular Surgery Devices

2) By Cardiac Rhythm Management (CRM) Devices And Equipment: Pacemakers, Defibrillators, Cardiac Resynchronization Therapy (CRT) Devices

3) By Interventional Cardiology Devices And Equipment: Stents (Drug-Eluting, Bare-Metal), Catheters (Balloon, Diagnostic, Guiding), Angioplasty Equipment, Guidewires, Other Interventional Cardiology Devices

4) By Defibrillator Devices And Equipment: Implantable Cardioverter Defibrillators (ICDs), Automated External Defibrillators (AEDs), Wearable Defibrillators, External Defibrillators

5) By Peripheral Vascular Devices And Equipment: Peripheral Stents, Balloons (Peripheral Angioplasty), Embolic Protection Devices, Endovenous Laser Devices, Other Peripheral Vascular Devices

6) By Prosthetic Heart Valve Devices And Equipment: Mechanical Heart Valves, Biological Heart Valves, Transcatheter Heart Valves (TAVR), Other Prosthetic Heart Valve Devices

7) By Electrophysiology Devices And Equipment: Ablation Catheters, Electrophysiology Mapping Systems, ECG And EKG Systems, Cardiac Mapping And Navigation Systems, Other Electrophysiology Devices

8) By Cardiac Assist Devices And Equipment: Ventricular Assist Devices (LVADs), Intra-Aortic Balloon Pumps, Total Artificial Heart, Extracorporeal Membrane Oxygenation (ECMO), Other Cardiac Assist Devices

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Which Areas Are Leading Regions in the Cardiovascular Devices Market Expansion Across the Globe?

North America was the largest region in the global cardiovascular devices market in 2023. Western Europe was the second largest region in the global cardiovascular devices market. Africa. was the smallest region in the global cardiovascular devices market. The regions covered in the cardiovascular devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

What Are the Strategic Trends Steering the Cardiovascular Devices Market Direction?

Major corporations in the cardiovascular devices market are improving their market profits through the introduction of innovative products like the balloon ablation catheter. This exceptional catheter is the premier radiofrequency balloon ablation catheter engineered for catheter-based cardiac electrophysiological mapping, which includes both atrial stimulation and recording. For instance, Biosense Webster, an American firm specializing in heart rhythm disorder diagnosis and treatment, unveiled the HELIOSTAR Balloon Ablation Catheter in October 2022. This unique device boasts exclusive one-shot balloon technology which enables pulmonary vein isolation in a record 12 seconds. It also comes with a customized energy delivery and a built-in 3D mapping solution.

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How Is the Cardiovascular Devices Market Conceptually Defined?

Cardiovascular devices are used to monitor and control irregular heartbeats and heart rhythm disorders.

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