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2024 Cardiac Prosthetic Devices Market Report : Market Size, Growth Drivers, And Key Trends | Abbott Laboratories, Medtronic plc, Siemens Healthcare GmbH, Boston Scientific Corporation, Laboratory Corporation of America Holdings
Cardiac Prosthetic Devices Global Market Report 2024
As per the report, the cardiac prosthetic devices market size has grown rapidly in recent years. It will grow from $7.40 billion in 2023 to $8.20 billion in 2024 at a compound annual growth rate (CAGR) of 10.8%. The cardiac prosthetic devices market size is expected to see rapid growth in the next few years. It will grow to $12.56 billion in 2028 at a compound annual growth rate (CAGR) of 11.3%.
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What Is Driving The Growth Of The Global Cardiac Prosthetic Devices Market?
Growing Prevalence Of Cardiovascular Diseases Fuels Expansion In Cardiac Prosthetic Devices Market
The prevalence of cardiovascular diseases is expected to propel the growth of the cardiac prosthetic devices market going forward. Cardiovascular diseases (CVDs) are a group of disorders affecting the heart and blood vessels, including conditions such as coronary artery disease, heart attacks, and strokes. The prevalence of cardiovascular diseases is due to unhealthy lifestyles, high rates of obesity, poor diet, lack of physical activity, high-stress levels, and an aging population. Cardiac prosthetic devices play a significant role in managing cardiovascular diseases by supporting or replacing the heart's function or its components.
What Is The Key Trend In The Global Cardiac Prosthetic Devices Market?
Medtronic Launched Innovative Transcatheter Pacing Systems For Cardiac Care With Minimally Invasive
Major companies operating in the cardiac prosthetic devices market are focused on developing innovative technologies, such as transcatheter pacing systems, to enhance cardiac function, reduce procedural invasiveness, and improve patient outcomes in managing heart rhythm disorders. A transcatheter pacing system is a minimally invasive device implanted via a catheter to regulate the heart's electrical activity without needing external wires or surgery.
How Is The Global Cardiac Prosthetic Devices Market Segmented?
The cardiac prosthetic devices market covered in this report is segmented -
1) By Type: Valves, Pacemakers
2) By Applications: Surgery, Research
3) By End User: Hospitals, Clinics Or Cardiac Centers, Ambulatory Surgical Centers, Other End-Users
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How Is The Competitive Landscape Of The Global Cardiac Prosthetic Devices Market?
Major companies operating in the cardiac prosthetic devices market are Abbott Laboratories, Medtronic plc, Siemens Healthcare GmbH, Boston Scientific Corporation, Laboratory Corporation of America Holdings, Terumo Corporation, Edwards Lifesciences Corporation, BIOTRONIK SE & Co. KG, Lepu Medical Technology (Beijing) Co. Ltd., Hansen Medical Inc., Abiomed Inc., LivaNova PLC, Meril Life Sciences Pvt. Ltd., MicroPort Scientific Corporation, ATRICURE INC., CryoLife Inc., LifeTech Scientific Corporation, TTK Healthcare Limited, Venus Medtech (Hangzhou) Inc., Braile Biomedica, Kawasumi Laboratories Inc., St. Jude Medical Inc., Sorin Group, Aortic Innovations Inc., Mic Pacetronixro
Contents Of The Global Cardiac Prosthetic Devices Market
1. Executive Summary
2. Cardiac Prosthetic Devices Market Report Structure
3. Cardiac Prosthetic Devices Market Trends And Strategies
4. Cardiac Prosthetic Devices Market - Macro Economic Scenario
5. Cardiac Prosthetic Devices Market Size And Growth
…..
27. Cardiac Prosthetic Devices Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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