Press release
Cardiovascular Device Market to hit USD 91.53 Bn by 2029 at a CAGR 6.8 Percent, Global Industry Analysis by Type, Industry, Region, and Forecast
According to a new market research report, the global cardiovascular device market size is expected to grow at 6.8 percent throughout the forecast period, reaching nearly from USD 54.07 Bn to USD 91.53 Bn by 2029.Cardiovascular Device Market Report Scope and Research Methodology
The report provides a comprehensive analysis of the market with a focus on market trends, drivers, restraints, and regional insights. The research methodology includes primary and secondary research to collect data from various sources.
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Cardiovascular Device Market Dynamics
The market for cardiovascular devices is impelled by way of the excessive incidence of the target disorder because of unhealthy living habits such as smoking, consumption of alcohol, and hypertension, together with a growing geriatric populace. Proper medical transformations together with suitable value-powerful treatments supported with insurance and reimbursements have shaped the growth curve. Also, planned acquisitions and mergers together with the number one product launches have fostered the market.
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By device, electrocardiography (ECG) holds at least 40 percent of the share, and this will be credited to the improved capacities of the new generation electrocardiograms. In 2021, coronary heart disease held the most significant market share of 41.9 percent of the cardiovascular devices market, by application.
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Cardiovascular Device Market Regional Insights
In North America, the cardiovascular devices market is majorly stimulated by the changes or the sifting in the trend of the technology that permits the players to develop modern devices. The market is associated with numerous market leaders that are carrying out numerous developmental activities for cardiovascular devices. According to the American College of Cardiology, cardiovascular disorder (CVD) accounted for 800,000 deaths in the United States in 2021 alone.
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Cardiovascular Device Market Segmentation
By Device:
• Electrocardiography (ECG)
• Stent
• Defibrillator
• Cardiac Catheter
• Guide wire
• Event Monitor
• Heart Valve
• Pacemaker
• Others
By Application:
• Stroke
• Cerebrovascular Heart Disease
• Coronary Heart Disease
• Sudden Cardiac Arrest
• Others
By End-User:
• Cardiac Centers
• Hospitals
• Ambulatory Surgical Centers
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Cardiovascular Device Market Key Competitors include:
• Siemens AG
• BD
• B. Braun Melsungen AG
• Edwards Lifesciences Corporation
• Medtronic
• Biosense Webster, Inc (Johnson and Johnson)
• General Electric Company
• Koninklijke Philips N.V
• Boston Scientific Corporation
• Abbott
• Jarvik Heart
• Maquet Cardiovascular
• Merit Medical Systems
• On-X Life Technologies
• Orbusneich
• St. Jude Medical
• Sorin Group
• Spectranetics
• Sunshine Heart
• Syncardia Systems
• Thoratec
• Volcano
Table of Content for Cardiovascular Device Market
Global Cardiovascular Device Market: Research Methodology
Global Cardiovascular Device Market: Executive Summary
Market Overview and Definitions
Introduction to Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
Global Cardiovascular Device Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
Global Cardiovascular Device Market Segmentation
Global Market, by Device (2021-2029)
Global Market, by Application (2021-2029)
Global Market, by End-User (2021-2029)
Regional Cardiovascular Device Market (2021-2029)
Regional Market, by Device (2021-2029)
Regional Market, by Application (2021-2029)
Regional Market, by End-User (2021-2029)
Regional Market, by Country (2021-2029)
Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Key Offerings:
Past Market Size and Competitive Landscape (2018 to 2021)
Past Pricing and price curve by region (2018 to 2021)
Market Size, Share, Size & Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by Device, Application and End-User
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
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About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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