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North American Cardiovascular Devices Market to Witness Growth Acceleration by 2031

04-19-2024 03:25 PM CET | Health & Medicine

Press release from: Orion Market Research

North American Cardiovascular Devices Market to Witness Growth

North American cardiovascular devices market is projected to grow at a significant CAGR of 5.6% during the forecast period. The market growth in North America can be attributed to the rising geriatric population, frequent US FDA approvals for innovative cardiovascular devices, and the growing adoption of minimally invasive/non-invasive cardiac surgeries. There are several cardiac health organizations working in the US, such as American Heart Association. The geriatric population is more inclined to the risk of heart strokes. According to the WHO, the incidence and prevalence rate of heart attacks are highest in North America, which is responsible for 0.7 million fatalities each year.

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Along with the US, Canada also contributes significantly in the cardiovascular devices market in the region. According to the Heart & Stroke Foundation in Canada, 1.6 million fatalities occur every year due to stroke and at least 1.3 million Canadians live with heart disease. This fact is further supporting the growth of cardiovascular devices market in North America. Moreover, the presence of some of the key players in the region, such as Abbott Laboratories, Boston Scientific Corp., and Edwards Lifesciences Corp., is another factor contributing significantly in the growth of the North American cardiovascular devices market.

North American Cardiovascular Devices Market - Segmentation

By Type

• Diagnostic and Monitoring Devices
o MRI
o Electrocardiogram (ECG)
o Remote Cardiac Monitoring
o Cardiac CT
o Others (PET scan)
• Surgical Devices
o Stents
o Catheters
o Cardiac Assist Devices
o Cardiac Rhythm Management Device
o Others (Heart Valves and Grafts)

A full report of North American Cardiovascular Devices Market is available at: https://www.omrglobal.com/industry-reports/north-american-cardiovascular-devices-market

North American Cardiovascular Devices Market- Segment by Region

North America

• United States
• Canada

Company Profiles

• Abbott Laboratories
• Braun Melsungen AG
• Becton, Dickinson and Co.
• Biotronik, Inc.
• Boston Scientific Corp.
• Cardinal Health Inc.
• Cook Medical, Inc.
• Edwards Lifesciences Corp.
• GE Healthcare (General Electric Co.)
• Getinge AB
• Johnson & Johnson Services, Inc.
• Koninklijke Philips N.V.
• Lepu Medical Technology (Beijing) Co., Ltd.
• Medtronic PLC

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Media Contact:

Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offers Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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