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Global Cardiovascular Devices Market Report 2024 Analysis And Forecast To 2033 | Cardiovascular Surgery Devices And Equipment, Cardiac Rhythm Management (CRM) Devices And Equipment
Cardiovascular Devices Global Market
The Business Research Company's Cardiovascular Devices Global Market Report 2024 identifies An increase in the prevalence of cardiovascular disorders as the major driver for the Cardiovascular Devices market's growth in the forecast period. Cardiovascular disorders refer to a group of medical conditions that affect the heart and blood vessels, encompassing various diseases and disorders that involve the circulatory system. A cardiovascular device is a device used to support heart function and blood flow in people with weak or failing hearts.
The cardiovascular devices market size has grown strongly in recent years. It will grow from $66.15 billion in 2023 to $72.15 billion in 2024 at a compound annual growth rate (CAGR) of 9.1%. The growth in the historic period can be attributed to lifestyle-related diseases, aging population, minimally invasive procedures and implantable devices, healthcare access, regulatory approvals.
The cardiovascular devices market size is expected to see strong growth in the next few years. It will grow to $98.57 billion in 2028 at a compound annual growth rate (CAGR) of 8.1%. The growth in the forecast period can be attributed to personalized medicine, remote monitoring, emerging markets growth, artificial intelligence (AI) integration, value-based healthcare. Major trends in the forecast period include wearable cardiovascular devices, minimally invasive interventions, bioresorbable devices, remote consultations and telesurgery, sustainable and eco-friendly devices.
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Major competitors in the Cardiovascular Devices market are Medtronic PLC, Boston Scientific Corporation, Abbott Laboratories, Edwards Lifesciences Corporation, Johnson & Johnson, Terumo Corporation, Getinge AB, Teleflex Incorporated, Becton, Dickinson and Company, Siemens Healthineers AG.
An increase in the prevalence of cardiovascular disorders contributes to the growth of the cardiovascular device market. Cardiovascular disorders refer to a group of medical conditions that affect the heart and blood vessels, encompassing various diseases and disorders that involve the circulatory system. A cardiovascular device is a device used to support heart function and blood flow in people with weak or failing hearts.
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The Cardiovascular Devices market is segmented -
1) By Type: Cardiovascular Surgery Devices And Equipment, Cardiac Rhythm Management (CRM) Devices And Equipment, Interventional Cardiology Devices And Equipment, Defibrillator Devices And Equipment, Peripheral Vascular Devices And Equipment, Prosthetic Heart Valve Devices And Equipment, Electrophysiology Devices And Equipment, Cardiac Assist Devices And Equipment
2) By End User: Hospitals And Clinics, Diagnostic Laboratories, Other End Users
3) By Type of Expenditure: Public, Private
4) By Product: Instruments/Equipment, Disposables
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Cardiovascular Devices market.
The Business Research Company's "Global Cardiovascular Devices Market Report 2024" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Cardiovascular Devices Market Include:
1. Executive Summary
2. Cardiovascular Devices Market Characteristics
3. Cardiovascular Devices Product/Service Analysis -Product/Service Examples
4. Cardiovascular Devices Market Trends And Strategies
5. Cardiovascular Devices Market - Macro Economic Scenario
……
68. Global Cardiovascular Devices Market Competitive Benchmarking
69. Global Cardiovascular Devices Market Competitive Dashboard
70. Key Mergers And Acquisitions In The Cardiovascular Devices Market
71. Cardiovascular Devices Market Future Outlook and Potential Analysis
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