2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!

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

The increasing prevalence of cardiovascular diseases is also contributing to the growth of the cardiovascular device market. Cardiovascular disorders encompass a range of medical conditions that impact the heart and blood vessels, affecting the circulatory system. Cardiovascular devices are used to support heart function and blood flow in individuals with weak or failing hearts. For example, in June 2023, the Immigration and Checkpoints Authority, a government agency in Singapore, reported 6,884 deaths from heart and hypertensive diseases in 2022, marking a 10.35% increase from the 6,238 deaths recorded in 2021. As a result, the growing prevalence of cardiovascular disorders is expected to drive further growth in the cardiovascular device market.

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#How Will the CAGR of the Cardiovascular Devices Market Influence Its Overall Growth by 2034?

The cardiovascular devices market has expanded significantly. It is expected to grow from $73.14 billion in 2024 to $79.78 billion in 2025, achieving a CAGR of 9.1%. This growth has been driven by lifestyle-related health issues, population aging, wider adoption of minimally invasive surgeries, and greater accessibility to medical care.

The cardiovascular devices market will grow to $102 billion by 2029 at a CAGR of 6.3%. This growth is driven by personalized medicine, remote monitoring, and AI integration in healthcare. Key trends include wearable cardiovascular devices, minimally invasive interventions, and the growing focus on sustainable and eco-friendly devices.

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What Are the Key Market Innovations in theCardiovascular Devices Market Over the Coming Years?

To grow market share, companies in the cardiovascular devices market are launching advanced tools such as balloon ablation catheters. In October 2022, Biosense Webster introduced the HELIOSTAR Balloon Ablation Catheter. This device uses radiofrequency energy to isolate pulmonary veins in just 12 seconds, aided by 3D mapping and personalized energy control.

Who Are the Top Companies Driving Innovation and Growth in theCardiovascular Devices Market?

Major companies operating in the cardiovascular devices market include Medtronic plc, Boston Scientific Corporation, Abbott Laboratories, Edwards Lifesciences Corporation, Johnson & Johnson, Terumo Corporation, Getinge AB, Teleflex Incorporated, Becton, Dickinson and Company, Siemens Healthineers AG, Fresenius SE & Co. KGaA, GE HealthCare Technologie Inc., Stryker Corporation, B. Braun Medical Pvt. Ltd., Baxter International Inc., Danaher Corporation, Fujifilm Holdings Corporation, Canon Medical Systems Corporation, MicroPort Scientific America Inc., W L Gore & Associates Inc., AngioDynamics Inc., CryoLife Inc., Endologix LLC, Lombard Medical Limited, Avinger Inc., Abiomed Inc., Biosensors International Group Ltd., Biotronik SE and Co. KG, CeloNovaBioSciences Inc., LeMaitre Vascular Inc., Nano Therapeutics Pvt. Ltd.

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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 Regions Are Emerging as Leaders in the Cardiovascular Devices Market?

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.

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