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How has the cardiovascular implants market grown in recent years?

In recent times, there has been a significant growth in the market size of cardiovascular implants. It is projected to rise from a value of $26.8 billion in 2024 to about $28.86 billion in 2025, experiencing a compound annual growth rate (CAGR) of approximately 7.7%. The historic growth is due to factors such as an older demographic and cardiovascular risk, lifestyle-associated cardiovascular risk elements, advancements in diagnostic technologies, increasing knowledge and screening initiatives, and government efforts geared towards cardiovascular health.

How is the cardiovascular ultrasound market size expected to evolve during the forecast period?

The market size of cardiovascular implants is predicted to witness robust expansion in the upcoming years, escalating to $36.69 billion by 2029 with a compound annual growth rate (CAGR) of 6.2%. The projected growth during this period can be ascribed to the implementation of personalized medicine tactics, increased emphasis on minimally invasive procedures, worldwide cooperation in cardiovascular studies, and healthcare policies stressing preventive measures alongside patient-focused cardiovascular treatment. The forecast period is anticipated to see major trends such as the enhancement of drug-eluting stents, the emergence of future-generation heart valves, the rising utilization of artificial intelligence (AI), emphasis on minimally invasive implant methods, personalized and patient-tailored implants, along with the evolution of leadless pacemakers.

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Which key drivers are propelling the cardiovascular implants market’s growth?

The growing number of heart disease cases is predicted to catalyze the expansion of the cardiovascular implants market. Heart diseases encompass a variety of medical issues impacting the heart and blood vessels, such as coronary artery disease, heart failure, irregular heart rhythms, and valve problems. The demand for cardiovascular implants, including stents and pacemakers, is fueled by the increasing prevalence of heart diseases like coronary artery disease and heart failure. These devices aid patients with heart failure by supporting the heart and circulation, maintaining regular heart rhythm, and monitoring the heart rhythm. For example, a report released by the British Heart Foundation (BHF), a UK-based charity focused on researching and promoting awareness of heart and circulatory illnesses, in September 2024, stated that an estimated 7.6 million people in the UK suffer from heart and circulatory diseases. By 2030, the number of people in the UK living with heart and circulatory diseases could go up by 1 million, and by 2040, this tally may increase by 2 million compared to current figures. Thus, the escalating prevalence of heart diseases is boosting the expansion of the cardiovascular implants market. The increase in the elderly demographic is predicted to foster the cardiovascular implants market’s growth. An aging population indicates a demographic shift where a rising percentage of individuals are 60 or older within a region. Cardiovascular implants offer effective solutions for managing and treating cardiovascular diseases common among older individuals, thereby contributing to an improved quality of life, longer life span, and improved overall health. According to the World Health Organization, for example, it was stated in October 2022 that by 2030, around 1 in 6 individuals worldwide is predicted to be aged 60 or older, and by 2050 it is anticipated that there will be 2.1 billion elderly people. Hence, the aging population increase is influencing the growth of the cardiovascular implants market.

What are the market segments in the cardiovascular implants industry?

The cardiovascular implants market covered in this report is segmented –

1) By Product: Coronary Stent, Implantable Cardioverter Defibrillator (ICD), Heart Valve, Implanted Cardiac Pacemaker, Cardiac Resynchronization Therapy (CRT) Devices, Peripheral Stent

2) By Material: Metals and Alloys, Polymers, Biological Materials

3) By Application: Arrhythmias, Acute Myocardial Infarction, Myocardial Ischemia, Other Applications

4) By End-Users: Hospitals, Ambulatory Surgical Centers, Cardiac Centers

Subsegments:

1) By Coronary Stent: Drug-Eluting Stents, Bare-Metal Stents, Bioabsorbable Stents

2) By Implantable Cardioverter Defibrillator (ICD): Single-Chamber ICD, Dual-Chamber ICD, Biventricular ICD

3) By Heart Valve: Mechanical Heart Valves, Biological Heart Valves, Transcatheter Heart Valves

4) By Implanted Cardiac Pacemaker: Single-Chamber Pacemaker, Dual-Chamber Pacemaker, Biventricular Pacemaker

5) By Cardiac Resynchronization Therapy (CRT) Devices: CRT-P Devices (Pacemakers), CRT-D Devices (Defibrillators)

6) By Peripheral Stent: Carotid Artery Stents, Renal Artery Stents, Femoral Artery Stents

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Which leading companies are shaping the growth of the cardiovascular implants market?

Major companies operating in the cardiovascular implants market report are Abbott Laboratories, Medtronic PLC, Boston Scientific Corporation, B. Braun Melsungen AG, Edwards Lifesciences Corporation, W. L. Gore & Associates Inc., Cook Medical Incorporated, Teleflex Incorporated, Kyoto Medical Planning Co. Ltd., Abiomed Inc., Livanova PLC, BIOTRONIK SE & Co. KG, CryoLife Inc., Endologix Inc., Sorin Group, Berlin Heart GmbH, REVA Medical LLC., Syncardia Systems LLC, Elixir Medical Corporation, Fortimedix Surgical B.V., AMG International GmbH, CHF Solutions Inc., Proxy Biomedical Ltd., Calon Cardio-Technology Ltd., InspireMD Inc., Neovasc Inc., Shree Pacetronix Ltd., Vascutek Ltd (Terumo Corporation)

What key trends are currently impacting the cardiovascular implants market’s development?

Top businesses active in the cardiovascular implants industry are directing their efforts toward leveraging advanced innovations and artificial intelligence (AI) to optimize their market revenues and improve the accuracy of patient care and treatment. This progress in cardiac monitoring technology involves constant tracing and documenting of a patient’s cardiac activities for the effective diagnosis and handling of heart-related conditions. For example, in June 2023, BIOTRONIK SE & Co. KG, a medical technology firm headquartered in Germany, initiated the first-ever worldwide implantation of its BIOMONITOR IV implantable cardiac monitor (ICM). The BIOMONITOR IV, an advanced ICM, merges BIOTRONIK’s SmartECG technology with artificial intelligence, reducing false-positive detections by 86% while preserving 98% of real incidents. Apart from the refined AI, BIOMONITOR IV offers several other benefits to patients and healthcare experts. Its extended battery lifespan paired with wireless connectivity ensures seamless data transfer and remote observation reducing the need for regular face-to-face clinic appointments.

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Which geographic areas are influencing the growth of the cardiovascular implants market?

North America was the largest region in the cardiovascular implants market in 2024. The regions covered in the cardiovascular implants market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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