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Cardiovascular Devices Market Projected for Significant Growth (2024-2031) | Abbott Laboratories, Edwards Lifesciences, Cardinal Health Inc.

01-22-2025 07:34 AM CET | Health & Medicine

Press release from: DataM Intelligence 4Market Research

Cardiovascular Devices Market

Cardiovascular Devices Market

The Global Cardiovascular Devices Market reached US$ 61.45 billion in 2023 and is expected to reach US$ 113.16 billion by 2031, growing at a CAGR of 8.1% during the forecast period 2024-2031.

Cardiovascular Devices Market analysis, according to DataM Intelligence, offers more than just an overview, it investigates the underlying aspects of the sector. The study provides an overview, the research explores the hidden aspects of the sector, breaking down its intricate dynamics, charting regional dominance, spotting demand patterns, and spotting prospective breakthroughs that could influence how businesses operate in the future.

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The Cardiovascular Devices market report majorly focuses on market trends, historical growth rates, technologies, and the changing investment structure. Additionally, the report shows the latest market insights, increasing growth opportunities, business strategies, and growth plans adopted by major players. Moreover, it contains an analysis of current market dynamics, future developments, and Porter's Five Forces Analysis.

The Cardiovascular devices market includes medical instruments and technologies used to diagnose, monitor, and treat heart and vascular conditions. This includes products like stents, pacemakers, defibrillators, and diagnostic equipment. Growth is driven by the rising prevalence of cardiovascular diseases, advancements in minimally invasive procedures, and an aging global population, along with increased demand for personalized treatment and technological innovations in heart care.

Forecast Growth Projected:

The Global Cardiovascular Devices Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

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List of the Key Players in the Cardiovascular Devices Market:

Boston Scientific Corporation, Abbott Laboratories, Edwards Lifesciences, Cardinal Health Inc, B. Braun Melsungen AG, Siemens Healthcare GmbH, Terumo Cardiovascular Systems Corporation, GE Healthcare and Medtronic PLC.

Segment Covered in the Cardiovascular Devices Market:

By Diagnostic and Monitoring Devices: Electrocardiogram, Remote Cardiac Monitoring, Others.

By Therapeutic and Surgical Devices: Ventricular Assist Devices (VAD), CRM Devices, Catheters, Stents, Heart Valves, Others.

By Application: Coronary Artery Diseases*, Cardiac Arrhythmia, Heart Failure, Others.

By End User: Hospitals*, Specialty Clinics, Others.

Industry Development:

In December 2023, Terumo India, a division of Japan-based Terumo Corporation, a global leader in medical technology, introduced the Ultimaster Nagomi Drug-Eluting Stent. This advanced stent is designed to treat coronary artery disease, offering a promising solution to improve patient outcomes by helping prevent restenosis and enhance vessel healing.

In March 2024, Boston Scientific Corporation announced that the AGENT Drug-Coated Balloon (DCB) has received approval from the United States Food and Drug Administration (FDA) for the treatment of coronary in-stent restenosis (ISR) in patients with coronary artery disease. ISR occurs when plaque or scar tissue causes narrowing or blockage of a previously stented artery, and the AGENT DCB offers an effective treatment option for this condition.

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Regional Break out:

The global Cardiovascular Devices Market report focuses on six major regions: North America, South America, Europe, Asia Pacific, the Middle East, and Africa.

☞ North America - US, Canada, Mexico

☞ Europe- Germany, Russia, UK, France, Italy, Rest of Europe

☞ Asia Pacific- China, India, Japan, Australia, Rest of Asia Pacific

☞ South America- Brazil, Argentina, Colombia, Rest of South America

☞ Middle East and Africa- Saudi Arabia, UAE, Oman, Bahrain, Qatar, Kuwait, Israel

Chapter Outline:

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.

Chapter 2: key insights, key emerging trends, etc.

Chapter 3: Manufacturers competitive analysis, detailed analysis of Cardiovascular Devices manufacturers competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.

Chapter 5 & 6: Revenue of Cardiovascular Devices in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.

Chapter 7: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 8: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 10: The main points and conclusions of the report.

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Frequently asked questions:

➠ What is the global sales value, production value, consumption value, import and export of Cardiovascular Devices market?

➠ Who are the global key manufacturers of the Cardiovascular Devices Industry? How is their operating situation (capacity, production, sales, price, cost, gross, and revenue)?

➠ What are the Cardiovascular Devices market opportunities and threats faced by the vendors in the global Cardiovascular Devices Industry?

➠ Which application/end-user or product type may seek incremental growth prospects? What is the market share of each type and application?

➠ What focused approach and constraints are holding the Cardiovascular Devices market?

➠ What are the different sales, marketing, and distribution channels in the global industry?

Contact Us -
Company Name: DataM Intelligence
Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com

About Us -
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.

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