Pacemakers Market: Size And Trends Shows A Rapid Growth By 2031 - Boston Scientific Corporation, ZOLL Medical Corporation, Medtronic plc, Biotronik, MicroPort Scientific Corporation

The global pacemakers market report by the business research company identifies increasing prevalence of cardiovascular diseases to be a major growth driver for the pacemakers market. The increasing prevalence of cardiovascular diseases is due to risk factors such as unhealthy diets, tobacco use, and harmful use of alcohol. Pacemakers include flexible and insulated wires that are helpful in controlling cardiovascular diseases by controlling irregular heart rhythms. For instance, in 2021, according to the World Health Organization, a Switzerland-based government agency, India would account for one-fifth of the total deaths occurring from stroke and ischemic heart disease, mainly in younger adults. Additionally, an estimated 17.9 million people died from cardiovascular diseases in 2019, representing 32% of all global deaths. Of these deaths, 85% were due to heart attacks and strokes. Therefore, the increasing prevalence of cardiovascular diseases will drive the growth of the pacemaker market.

The global pacemaker market size is expected to grow from $4.57 billion in 2021 to $4.88 billion in 2022 at a compound annual growth rate (CAGR) of 6.8%. The global pacemaker market size is expected to grow to $5.77 billion in 2026 at a CAGR of 4.3%.

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North America was the largest region in the pacemaker market in 2021. Asia-Pacific is expected to be the fastest-growing region in the global pacemaker market during the forecast period. The regions covered in the global pacemaker market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

Major players in the pacemakers market are Boston Scientific Corporation, ZOLL Medical Corporation, Medtronic plc, Biotronik, MicroPort Scientific Corporation, Cook Medical, MEDICO SpA, Shree Pacetronix Ltd., Oscor Inc., Osypka Medical GmbH, Abbott Laboratories, LivaNova PLC, Lepu Medical Technology(Beijing)Co Ltd., Cordis Inc, St.Jude Medical Inc., and Vitatron.

The global pacemakers market is segmented -
1) By Type: MRI Compatible Pacemaker, Conventional Pacemaker
2) By Technology: Single-Chamber Pacemaker, Dual-Chamber Pacemaker, Biventricular or CRT Pacemaker
3) By Implantability: Implantable Pacemaker, External Pacemaker
4) By Application: Congestive Heart Failure, Arrhythmias, Bradycardia, Tachycardia
5) By End-User: Hospitals, Cardiac Care Centres, Ambulatory Surgical Centres, Others

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The Pacemakers Market Report Contents Include
1. Executive Summary
2. Pacemakers Market Characteristics
3. Pacemakers Market Trends And Strategies
4. Impact Of COVID-19 On Pacemakers
5. Pacemakers Market Size And Growth
....
28. Key Mergers And Acquisitions In The Pacemakers Market
29. Pacemakers Market Future Outlook and Potential Analysis
30. Appendix

This report covers the trends and market dynamics of the pacemakers market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.

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