openPR Logo
Press release

The MRI Compatible Pacemakers market to go the “astute” way from 2019 to 2029

10-28-2020 12:28 PM CET | Health & Medicine

Press release from: Persistence Market Research

Magnetic resonance imaging (MRI) is the first line of diagnosis and the gold standard for soft tissue imaging and is prominently used for a wide range of medical conditions like musculoskeletal system, cancer, and various neurologic disorders. Wherein, a pacemaker is a small device which is positioned in the abdomen or chest for controlling the abnormal heart rhythms. Pacemakers are used for treating arrhythmias as they use electric pulses to push the heart to beat at a normal level. Use of pacemakers and MRI device has been consistently on the rise during the recent years. Patient with pacemakers are very likely to opt for MRI during the lifetime of their implanted devices. MRI compatible pacemakers are certain implantations that are safe when and MRI is performed. Over the years, various novel technologies for MRI compatible pacemakers have paved their way into the healthcare industry. As per a study published by the Harvard Health Publishing, researchers conducted and then reviewed 212 MRI scans that involved 178 patients with non-approved MRI compatible pacemakers and found no contradictions for safety of the patients. Over the past 7 years, FDA has approved a few MRI compatible pacemakers that are safe to use.
Prominent FDA approvals, rise in number of patients with electronic cardiac implants, and increase in the healthcare expenditure, are few of the primary factors pushing market growth for MRI compatible pacemakers. Government investments for R&D and technology related to MRI compatible pacemakers and increasing number of manufacturers involved in the R&D of MRI compatible pacemakers, is also expected to fuel demand for MRI compatible pacemakers during the forecast period. In 2014, Medtronic got its two of the devices approved by the FDA; Revo MRI SureScan pacemakers, and Advisa DR MRI. Various manufacturers have got their approvals over the years, which has pushed market growth for MRI compatible pacemakers, and is expected to boost the demand for MRI compatible pacemakers during the forecast period. On the contrary, stringent regulatory scenarios for MRI compatible pacemakers and severely high costs associated with these MRI compatible pacemakers might obstruct the market growth for MRI compatible pacemakers over the course of forecast.

To remain ‘ahead’ of your competitors, request for a sample here@
https://www.persistencemarketresearch.com/samples/29485

On the basis of Product Type, MRI Compatible Pacemakers Market can be segmented as:
• Single-chamber Pacemakers
• Double-chamber Pacemakers
On the basis of End Use, MRI Compatible Pacemakers Market can be segmented as:
• Hospitals
• Specialty Clinics
• Ambulatory Surgical Centers
• Research Centers
• Diagnostic Centers
• Others
MRI compatible pacemakers are going through constant technological advancements and various local players are venturing into designing and manufacturing of MRI compatible pacemakers. In addition, there is a growing and substantial body of evidence that patients with many pacemaker implants that are not FDA-approved for MRI examination can also be scanned safely under specific conditions. There are 3 approved MRI compatible pacemakers in the United States presently, and many manufacturers are expected in the near future. Major specifications and specific precautions for MRI compatible pacemakers should be carefully followed for further avoiding and risks associated with the patient. For instance: Scanning of patients with any pacemaker devices, either approved or non-approved should compulsorily be performed with an electrophysiology device nurse present for the entire span of the examination.

To receive extensive list of important regions, Request Methodology here @
https://www.persistencemarketresearch.com/methodology/29485

Geographically, global MRI compatible pacemakers market is segmented into regions viz. North America, South Asia, Latin America, East Asia, Oceania, Europe, and Middle East & Africa. North America’s MRI compatible pacemakers market is expected to increase owing it to the presence of key players operating in the MRI compatible pacemakers market within the region and increasing availability of MRI compatible pacemakers across the region. The Asia-pacific market for MRI compatible pacemakers is expected to grow at a robust rate during the forecast period due to increase in healthcare expenditure, growing demand for MRI examinations, and large number of MRI compatible pacemakers launched over the decade in the region. Europe market for MRI compatible pacemakers is also expected to contribute a significant revenue share in the global market for MRI compatible pacemakers owing it to improvements in the healthcare infrastructure and growing awareness on the advantages of MRI compatible pacemakers.
Some of the global MRI Compatible Pacemakers market participants identified across the value chain include: Medtronic PLC, Biotronik, Boston Scientific Corporation, Sorin Group, Abbott Laboratories, and others.

You Can Request for TOC Here@
https://www.persistencemarketresearch.com/toc/29485

Explore Extensive Coverage of PMR`s
Life Sciences & Transformational Health Landscape
About us:
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.
To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.
Our client success stories feature a range of clients from Fortune 500 companies to fast-growing startups. PMR’s collaborative environment is committed to building industry-specific solutions by transforming data from multiple streams into a strategic asset.

Contact us:
Naved Beg
Persistence Market Research
Address – 305 Broadway, 7th Floor, New York City,
NY 10007 United States
U.S. Ph. – +1-646-568-7751
USA-Canada Toll-free – +1 800-961-0353
Sales – sales@persistencemarketresearch.com

Persistence Market Research (PMR) is an innovative and specialized publisher of market intelligence reports and consulting services. Prompt delivery, in-depth research, and high quality are the sacrosanct principles of PMR.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release The MRI Compatible Pacemakers market to go the “astute” way from 2019 to 2029 here

News-ID: 2174733 • Views:

More Releases from Persistence Market Research

Plastic Liner Market to Reach US$ 6.67 Bn by 2030, Expanding at 4.7% CAGR - Persistence Market Research
Plastic Liner Market to Reach US$ 6.67 Bn by 2030, Expanding at 4.7% CAGR - Pers …
➤ Overview of the Market The global plastic liner market has gained steady traction across multiple industries due to its cost-effectiveness, versatility, and protective characteristics. Plastic liners are widely used in agriculture, mining, construction, waste management, and packaging industries, where they serve as an essential barrier to prevent leakage, contamination, and material loss. These liners are manufactured using materials such as polyethylene (PE), polypropylene (PP), and PVC, offering superior resistance to
Returnable Plastic Crate Market to Reach US$ 2,665.1 Million by 2030 Fueled by Sustainability and Supply Chain Efficiency
Returnable Plastic Crate Market to Reach US$ 2,665.1 Million by 2030 Fueled by S …
➤ Overview of the Market The global returnable plastic crate market is gaining momentum as industries seek cost-effective and sustainable packaging solutions. These crates are widely used for transporting and storing perishable goods, beverages, pharmaceuticals, and industrial products due to their durability, stackability, and reusability. The shift from single-use packaging to eco-friendly alternatives has accelerated the adoption of returnable plastic crates across sectors. The market, valued at US$ 1,820.0 million in
US Thermal Power Market Expected to Reach US$ 251.9 Mn by 2031 with 2.4% CAGR Growth - Persistence Market Research
US Thermal Power Market Expected to Reach US$ 251.9 Mn by 2031 with 2.4% CAGR Gr …
➤Overview of the Market The US thermal power market plays a crucial role in the nation's energy mix, serving as a stable and reliable source of electricity despite the rise of renewables. Thermal power plants in the US rely primarily on coal, natural gas, and oil to generate electricity, with natural gas emerging as the dominant fuel source due to its affordability, efficiency, and lower carbon footprint compared to coal. According
Europe Medical Plastic Market to Reach US$ 17 Bn by 2032 Driven by Rising Healthcare Demand
Europe Medical Plastic Market to Reach US$ 17 Bn by 2032 Driven by Rising Health …
➤Overview of the Market The Europe medical plastic market is undergoing robust growth, fueled by increasing demand for lightweight, durable, and cost-effective materials in the healthcare sector. Medical plastics are widely used in devices, surgical instruments, diagnostic tools, implants, and packaging due to their high biocompatibility, versatility, and resistance to sterilization methods. With healthcare systems across Europe investing heavily in modernization and patient safety, the adoption of medical-grade plastics has gained

All 5 Releases


More Releases for MRI

MRI Market Forecast (2025-2031)
MRI Market Forecast to Reach New Heights by 2031 Driven by AI Integration and Rising Chronic Diseases - The Insight Partners The MRI Market is projected to grow significantly through 2031, fueled by rising chronic illnesses, AI-driven diagnostics, and portable imaging trends. The latest research by The Insight Partners titled "MRI Market Forecast (2025-2031)" reveals a promising outlook for the global Magnetic Resonance Imaging (MRI) market, which is expected to grow at
Agricultural Uav Market with Industry Share, Growth, Trends Analysis By MRI 2030 …
New Jersey, USA-The Global Market Global Agricultural Uav Market study gives a comprehensive analysis of the industry, including essentials such as the industry chain's structure and implementations. In addition, the study evaluates all industries in various geographical regions and provides a cross-sectional analysis of global economic demand estimations. The Agricultural Uav market's complexities and flaws are intrinsic, but the benefits and hazards are external. The subsections of this research report
Intelligent Surgical Robot Market with Industry Share, Growth, Trends Analysis B …
New Jersey, USA-The Global Market Global Intelligent Surgical Robot Market study gives a comprehensive analysis of the industry, including essentials such as the industry chain's structure and implementations. In addition, the study evaluates all industries in various geographical regions and provides a cross-sectional analysis of global economic demand estimations. The Intelligent Surgical Robot market's complexities and flaws are intrinsic, but the benefits and hazards are external. The subsections of this
Smart Collaborative Robot Market with Industry Share, Growth, Trends Analysis By …
New Jersey, USA-The Global Market Global Smart Collaborative Robot Market study gives a comprehensive analysis of the industry, including essentials such as the industry chain's structure and implementations. In addition, the study evaluates all industries in various geographical regions and provides a cross-sectional analysis of global economic demand estimations. The Smart Collaborative Robot market's complexities and flaws are intrinsic, but the benefits and hazards are external. The subsections of this
Magnetic Resonance Imaging Market by Field Strength (Low-Field MRI Systems, High …
Magnetic resonance imaging (MRI) is a scan which utilizes strong magnetic fields and radio waves for producing detailed images of the inside of the body. The MRI scanner is a large tube that contains powerful magnets, the patient lies inside the tube during the scan. Download Sample PDF at https://www.theinsightpartners.com/sample/TIPHE100001108/?utm_source=OpenPR&utm_medium=10379 Key Players Analysis: The report also includes the profiles of key Magnetic Resonance Imaging manufacturing companies along with their SWOT analysis and
MAGNETIC RESONANCE IMAGING (MRI) SYSTEM MARKET 2025: BY FIELD STRENGTH (HIGH FIE …
Global Magnetic Resonance Imaging (MRI) System Market Expected to Reach XX Million by 2025  According to a new report published by Reports Monitortitled, “Magnetic Resonance Imaging (MRI) System Market By Architecture & Field Strength: Global Opportunity Analysis and Industry Forecast, 2017–2025,” the Magnetic Resonance Imaging (MRI) system market was valued at XX million in 2016, and is projected to reach at XX million by 2025, growing at a CAGR of XX% from