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Cardiac Stimulator Market 2021 Research and New Innovations in Keyplayers Lepu Medical Technology, Life Support Systems, Oscor, Osypka Medical, Sorin, Vitatron, Biotronik, Boston Scientific

01-22-2021 08:06 AM CET | Health & Medicine

Press release from: Stratagem Market Insights

Cardiac Stimulator Market

Cardiac Stimulator Market

Cardiac stimulator is used to deliver a pulse of electrical current through an electrode catheter to the cardiac surface during cardiac stimulation. Increasing prevalence of cardiovascular diseases (CVDs) is expected to propel growth of Asia Pacific cardiac stimulator market over the forecast period. For instance, according to the study, Prevalence, profile, and pattern of congenital heart disease in Central India: A prospective, observational study (published in May 2018), the prevalence of congenital heart disease (CHD) was 10.13/1000 live births.

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Moreover, high incidence of cardiac rhythm disorders is also expected to propel growth of the market. For instance, according to the study ‘Prevalence of atrial fibrillation (AF) in different socioeconomic regions of China and its association with stroke: Results from a national stroke screening survey’, published in June 2018, the prevalence of AF among Chinese adults aged 40 years in 2014–2015 was 2.31%.

However, biofilm formation on cardiac stimulator probe may lead to recurrent infective endocarditis, which is expected to hinder growth of Asia Pacific cardiac stimulator market. Moreover, cardiac stimulators are also prone to interference, which limits their adoption.

R&D in materials used for coating cardiac stimulator electrodes is expected to offer lucrative growth opportunities for players in the market. For instance, in January 2019, researchers from National Research Center Kurchatov Institute, Russia, reported assessment of electrochemical properties of thin-film materials for coating cardiac stimulator electrodes. Moreover, increasing geriatric population is also expected to aid in growth of the market. For instance, according to The United Nations Economic and Social Commission for Asia and the Pacific, over a third of the population in Asia Pacific is expected to be 60 years or older by 2050.

The market is witnessing high adoption of extra-cardiac stimulators for the treatment of non-cardiac conditions such as deep brain stimulation, spinal cord stimulation, and sacral, vagal, and phrenic nerve stimulation.

Major players in the market are focused on attending various conferences to expand their customer base. For instance, Oscor is set to attend the MD&M West 2020 in February 2020.

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Key Takeaways :

Increasing prevalence of CVDs is expected to augment growth of Asia Pacific cardiac stimulator market over the forecast period

Cardiac stimulators are prone to interference, which is expected to hinder growth of the market
Major players operating in Asia Pacific cardiac stimulator market include, Lepu Medical Technology, Life Support Systems, Oscor, Osypka Medical, Sorin, Vitatron, Biotronik, Boston Scientific, Braile Biomedica, Cameron Health, and GE Healthcare

Geographically, this report split Asia-Pacific into several key Regions, with sales (K Units), revenue (Million USD), market share and growth rate of Cardiac Stimulator for these regions, from 2014 to 2025 (forecast), including

⤍ China
⤍ Japan
⤍ South Korea
⤍ Taiwan
⤍ India
⤍ Southeast Asia
⤍ Australia

Asia-Pacific Cardiac Stimulator market competition by top manufacturers/players, with Cardiac Stimulator sales volume, price, revenue (Million USD) and market share for each manufacturer/player; the top players including

⤍ Lepu Medical Technology
⤍ Life Support Systems
⤍ Oscor
⤍ Osypka Medical
⤍ Sorin
⤍ Vitatron
⤍ Biotronik
⤍ Boston Scientific
⤍ Braile Biomedica
⤍ Cameron Health
⤍ GE Healthcare

On the basis of product, this report displays the sales volume (K Units), revenue (Million USD), product price (USD/Unit), market share and growth rate of each type, primarily split into

⤍ Implantable Cardiac Stimulator
⤍ External Cardiac Stimulator

On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, sales volume (K Units), market share and growth rate of Cardiac Stimulator for each application, including

⤍ Cardiopath
⤍ Heart First Aid
⤍ Other

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About Stratagem Market Insights:

Stratagem Market Insights is a management consulting organization providing market intelligence and consulting services worldwide. We bring the expertise of consultants with an cumulative industry experience of more than 70 years. The firm has been providing quantified B2B research and currently offers services to over 350+ customers worldwide. Our reports cover various end-use industries such as Aerospace and Defense, Agriculture, Food and Beverages, Automotive, Chemicals and Materials, Consumer Goods and Retail, Electronics, Energy, Mining, and Utilities, Pharmaceuticals, Manufacturing and Construction, Services, and Healthcare, and ICT.

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