|06-18-2018 03:44 PM CET - Advertising, Media Consulting, Marketing Research||
Cardiac Pacemakers Market with Top Key Players like Medtronic PLC, St. Jude Medical Inc., LivaNova PLC, Osypka Medical GmbH and Forecast to 2024
Press release from: Data Bridge Market Research
Cardiac Pacemakers Market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of cardiac pacemakers market for global, Europe, North America, Asia Pacific and South America.
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Cardiac Pacemakers Market accounted to USD 5.2 billion in 2016 growing at a CAGR of 10.5% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
Major Market Drivers and Restraints:
• Increasing Worldwide Incidence of Cardiovascular Diseases
• Increasing reimbursement for implantation of pacemaker
• Rising Geriatric Population
• Technological advancements in cardiac pacemaker
Market Definition: Global Cardiac Pacemakers Market
Cardiac pacemaker is a small device placed in the chest or abdomen that control abnormal heart rhythms initiated by electrical impulses. This device uses electrical pulses to prompt the heart to beat at a normal rate.
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By Product Type the market for cardiac pacemakers is segmented into:-
• Implantable Cardiac Pacemaker,
• External Cardiac Pacemaker.
By Technology, the cardiac pacemakers market is segmented into:-
On the basis of End-User the market is segmented into:-
• Hospitals and
• Ambulatory surgical centers.
On the basis of Geography, cardiac pacemakers market report covers data points for 28 countries across multiple geographies such as:-
• North America & South America,
• Asia-Pacific, and
• Middle East & Africa.
Major Market Competitors:
Some of the major players operating in cardiac pacemakers market are:-
• BIOTRONIK SE & Co. KG,
• Boston Scientific Corporation,
• Medtronic PLC,
• St. Jude Medical Inc.,
• LivaNova PLC,
• Osypka Medical GmbH,
• ZOLL Medical Corporation,
• MEDICO S.p.A.,
• Cordis Inc. among others.
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About Data Bridge Market Research:
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
Data Bridge Market Research
This release was published on openPR.
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