Press release
Cardiovascular Devices Market Report 2023: Global Size, Share & Forecast till 2028
Cardiovascular Devices Market
Cardiovascular devices encompass a diverse array of specialized medical instruments crafted to diagnose, treat, or oversee heart and blood vessel-related ailments. These devices are surgically implanted within the body to address various cardiac conditions. Their significance in contemporary healthcare is paramount, as they empower medical practitioners to deliver effective treatments and enhance the quality of life for individuals afflicted by cardiovascular disorders.
The global cardiovascular devices market size reached US$ 55.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 82.7 Billion by 2028, exhibiting a growth rate (CAGR) of 6.4% during 2023-2028.
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Global Cardiovascular Devices Market Trends and Drivers:
The escalating instances of heart failure, primarily attributed to the increasing prevalence of cardiovascular diseases (CVDs), constitute a significant driving force behind the global demand for cardiovascular devices. This trend is also linked to sedentary lifestyles, unhealthy dietary habits, elevated stress levels, diabetes, and obesity among the general population. Furthermore, the expanding elderly demographic, which is more susceptible to medical ailments, combined with substantial enhancements in healthcare infrastructure, is fostering market growth. Additionally, the growing preference for minimally invasive surgeries (MIS), owing to their associated advantages, is further propelling market expansion. Moreover, the incorporation of cutting-edge technologies such as artificial intelligence (AI), machine learning (ML), predictive analytics, sensors, and advanced algorithms for early heart disease detection, quicker stroke treatment, and improved diagnostic radiology capabilities is contributing to market growth. Additionally, increased investments in research and development (R&D) activities by key industry players are driving market expansion.
Global Cardiovascular Devices Market 2023-2028 Analysis and Segmentation:
Top Key Players covered in this report are:
Abbott Laboratories
B. Braun Melsungen AG
Biotronik
Boston Scientific Corporation
Canon Medical Systems Corporation
Cardinal Health Inc.
Edwards Lifesciences Corporation
General Electric Company
LivaNova PLC
Medtronic PLC
Siemens Healthineers GmbH (Siemens AG)
Terumo Cardiovascular Systems Corporation (Terumo Corporation)
Tailored for You: Whether You're a Business Owner, Investor, or Industry Professional, Our Market Report Offers Valuable Insights to Guide Your Strategies. Explore Now: https://www.imarcgroup.com/cardiovascular-devices-market
The report segmented the market on the basis of region, device type, application and end user.
Breakup by Device Type:
Diagnostic and Monitoring Devices
Electrocardiogram (ECG)
Remote Cardiac Monitoring
Others
Therapeutic and Surgical Devices
Cardiac Rhythm Management (CRM) Devices
Catheter
Stents
Heart Valves
Others
Breakup by Application:
Coronary Artery Disease (CAD)
Cardiac Arrhythmia
Heart Failure
Others
Breakup by End User:
Hospitals
Specialty Clinics
Others
Breakup By Regions:
North America: (United States, Canada)
Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America: (Brazil, Mexico, Others)
Middle East and Africa
Key highlights of the report:
Market Performance (2017-2022)
Market Outlook (2023- 2028)
Porter's Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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https://www.digitaljournal.com/pr/news/imarc/digital-printing-packaging-market-size-share-growth-report-2023-2028
https://www.digitaljournal.com/pr/news/imarc/polyvinyl-chloride-pvc-market-report-2023-global-size-share-growth-forecast-till-2028
https://www.digitaljournal.com/pr/news/imarc/stretch-marks-treatment-market-size-share-growth-industry-report-2023-20282D2028.
Contact Us:
IMARC Services Private Limited.
134 N 4th St. Brooklyn, NY 11249, USA
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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