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Increasing Prevalence of Cardiovascular Disease is Expected to Drive Growth of Implantable Cardiac Pacemaker Market With Market Dominant Players Like Medtronic, BIOTRONIK, Boston, St. Jude Medical

09-24-2018 03:51 PM CET | Health & Medicine

Press release from: Coherent Market Insights - Medical Devices

Implantable Cardiac Pacemaker

Implantable Cardiac Pacemaker

The global implantable cardiac pacemaker market was valued at US$ 4.7 billion in 2017 and is expected to witness a CAGR of 7.1% over the forecast period (2018 – 2026). Some of the key players operating in implantable cardiac pacemaker market include Medtronic plc, BIOTRONIK, Inc., Boston Scientific Corporation, St. Jude Medical, Vitatron Holding B.V., Shree Pacetronix Ltd., MEDICO S.p.A., Lepu Medical Technology Co Ltd., LivaNova PLC, and Qinming Medical.

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Implantable cardiac pacemaker is a small device implanted in the chest or abdomen for the treatment of abnormal heart rhythms, arrhythmia, heart block, and atrial fibrillation. Implantable cardiac pacemaker is evolved from battery-powered transistorized wearable pacemakers to current leadless pacemaker, an entire pacemaker which is placed within cardiac chambers. Cardiac pacemakers are used to treat abnormal electrical signaling in the heart, which causes arrhythmias. Implantable cardiac pacemaker use low-energy electrical signals to speed up the slow heartbeat, help to control an abnormal and fast heart rhythm, and prevents long QT syndrome, a disorder of the heart’s electrical activity, which causes sudden, uncontrollable, and dangerous arrhythmias.
Market Dynamics

Market players are engaged in developing novel pacemakers with ability to control the abnormal heart rhythm, monitor and record patient’s heart's electrical activity, blood temperature, and breathing rate. Technological advances in the field of implantable cardiac pacemakers along with increasing prevalence of cardiovascular disease is projected to drive the growth of implantable cardiac pacemaker market over the forecast period.

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Market Dynamics, Regulations, and Trends Analysis

Global Implantable Cardiac Pacemaker Market, By Product Type

-Single Chamber Pacemaker
-Dual Chamber Pacemaker
-Biventricular Pacemaker

Global Implantable Cardiac Pacemaker Market, By Application

-Heart Block
-Arrhythmia
-Atrial fibrillation
-Long QT Syndrome
-Bradycardia
-Tachycardia

Global Implantable Cardiac Pacemaker Market, By Regions

-North America
-U.S.
-Canada
-Europe
-Asia Pacific
-Latin America
-Africa
-Middle East

About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

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