Press release
Cardiac Pacemakers Global Market By Product, By Technology, By Type, By Application, By End User, By Region And Segment Forecast 2022-2031 | Medtronic Plc, Abbott Inc, LivaNova PLC, Medico SRL, Osypka AG
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The global cardiac pacemakers market report by the business research company identifies an increase in cardiovascular diseases is significantly contributing to the growth of the cardiac pacemaker market. Cardiovascular disease (CVD) refers to disorders that affect the heart or blood vessels. These include arrhythmias, aorta disease, congenital heart disease, heart attack, and others. Cardiac pacemakers are electric activity-generating devices that are used to treat patients suffering from cardiovascular diseases. According to World Health Organization statistics and the United Nations health organization, in 2019, 17.9 million people died from CVDs, accounting for 32% of all global deaths. Therefore, the rising incidence of cardiovascular diseases will drive the growth of cardiac pacemaker market.
The global cardiac pacemakers market is expected to grow from $4.03 billion in 2021 to $4.26 billion in 2022 at a compound annual growth rate (CAGR) of 5.63%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The cardiac pacemakers market is expected to grow to $4.91 billion in 2026 at a compound annual growth rate (CAGR) of 3.62%.
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North America was the largest region in the cardiac pacemakers market in 2021. Asia Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the cardiac pacemakers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Major players in the cardiac pacemakers market are Medtronic Plc, Lepu Medical Technology Co, Abbott Inc, Biotronik SE & Co KG, Boston Scientific Corporation, LivaNova PLC, Medico SRL, Osypka AG, Oscor Inc, MicroPort Scientific Corporation, Pacetronix, Zoll Medical Corporation, Cook Medical, Vitatron, St Jude Medical Inc and Cordis corporation.
The global cardiac pacemakers' market is segmented -
1) By Type: Implantable, External
2) By Technology: Biventricular, Single Chambered, Dual Chambered
3) By Application: Arrhythmias, Heart Blockage, Atrial Fibrillation, Long QT Syndrome, Congestive Cardiac Failure, Other Applications
4) By End User: Clinics And Hospitals, Ambulatory Surgical Centers, Cardiac Care Centers
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The Cardiac Pacemakers Market Report Contents Include
1. Executive Summary
2. Cardiac Pacemakers Market Characteristics
3. Cardiac Pacemakers Market Trends And Strategies
4. Cardiac Pacemakers Market - Macro Economic Scenario
5. Cardiac Pacemakers Market Size And Growth
.....
26. Africa Cardiac Pacemakers Market
27. Cardiac Pacemakers Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Cardiac Pacemakers Market
29. Cardiac Pacemakers Market Future Outlook and Potential Analysis
30. Appendix
This report covers the trends and market dynamics of the cardiac 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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