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Increasing Focus On Adopting Advanced Technology With Artificial Intelligence (AI) To Maximize Profit Trend: A Crucial Influence on the Cardiovascular Implants Market's Transformation in 2025
What industry-specific factors are fueling the growth of the cardiovascular implants market?The increasing incidence of heart issues is predicted to drive the expansion of the cardiovascular implants market in the future. Heart disorders are a variety of medical problems affecting the heart and blood vessels, encompassing conditions like coronary artery disease, heart failure, arrhythmias, and valve disorders. The increasing frequency of heart diseases like coronary artery disease and heart failure is triggering a higher demand for cardiovascular implants, such as stents and pacemakers, for treatments. The implants help patients with heart failure by supporting the heart and circulation, regulating the heart rhythm, and monitoring it. For example, in September 2024, a report from the British Heart Foundation (BHF), a UK charity that funds research and increases awareness regarding heart and circulatory diseases, shown approximately 7.6 million people in the UK suffer from heart and circulatory diseases. It is predicted that by 2030, an additional 1 million people in the UK will be living with these diseases, and this statistic is expected to rise to an extra 2 million by 2040, supplementing the current numbers. Accordingly, the revitalized prevalence of heart issues is pushing the growth of the cardiovascular implants market. An upward trend in the elderly population is forecasted to stimulate the growth of the cardiovascular implants market. A demographic change involving an increasing ratio of individuals aged 60 and above characterizes this surge in the aging population. Cardiovascular implants offer effective management and treatment solutions for heart diseases common in the elderly, hence contributing to improved health outcomes, extended lifespan, and an enhanced quality of life. For instance, in October 2022, the World Health Organization, a US-based health-specific agency, estimated that 1 in 6 individuals globally will be 60 or above by 2030. By 2050, it is projected to be around 2.1 billion elderly individuals globally. Therefore, the ascendance of the aging population is a significant driving factor for the growth of the cardiovascular implants market.
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What Is the projected market size and growth rate for the cardiovascular implants market?
The market for cardiovascular implants has witnessed significant growth in recent years, expanding from $26.8 billion in 2024 to an estimated $28.86 billion in 2025, exhibiting a robust compound annual growth rate (CAGR) of 7.7%. The surge in growth during the past period can be accredited to factors such as an increasing elderly population with cardiovascular risk, lifestyle-related cardiovascular risk factors, advancements in diagnostic technologies, heightened awareness and implementation of screening programs, along with government initiatives directed towards cardiovascular health.
The market size for cardiovascular implants is projected to experience robust expansion in the coming years. The anticipated growth will reach $36.69 billion by 2029, with a compound annual growth rate of 6.2%. This progress during the forecast year could be due to the adoption of personalized medicine techniques, emphasis on less invasive procedures, worldwide cooperation in cardiovascular research, and preventive measures in healthcare policies, including patient-oriented cardiovascular care. Emerging trends within this period include the development of medication-releasing stents, the emergence of next-generation heart valves, increased application of artificial intelligence, a focus on less invasive implant procedures, personalized and patient-specific implants, and the creation of leadless pacemakers.
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What are the emerging trends shaping the future of the cardiovascular implants market?
Leading firms in the cardiovascular implants market are increasingly shifting their approach to incorporate advanced technology, specifically artificial intelligence (AI), to amplify their market profits, and in turn improve patient care and treatment accuracy. This refers to the evolution of cardiac monitoring technology, which continuously records and tracks a patient's heart activity, aiding in diagnosing and managing heart diseases. For instance, in June 2023, the Germany-based medical technology firm, BIOTRONIK SE & Co. KG, introduced the first-ever global implantation of its BIOMONITOR IV, an implantable cardiac monitor (ICM). This progressive ICM, BIOMONITOR IV, merges BIOTRONIK's SmartECG technology with AI, resulting in an 86% reduction in false-positive detections, while maintaining accuracy for real episodes at 98%. Apart from the advanced AI, BIOMONITOR IV offers several other benefits for patients and healthcare staff. Its durable battery life and wireless connection facilitate seamless data transfer and remote tracking, thereby reducing the necessity for regular, in-person clinic appointments.
What major market segments define the scope and growth of the cardiovascular implants market?
The cardiovascular implants market covered in this report is segmented -
1) By Product: Coronary Stent, Implantable Cardioverter Defibrillator (ICD), Heart Valve, Implanted Cardiac Pacemaker, Cardiac Resynchronization Therapy (CRT) Devices, Peripheral Stent
2) By Material: Metals and Alloys, Polymers, Biological Materials
3) By Application: Arrhythmias, Acute Myocardial Infarction, Myocardial Ischemia, Other Applications
4) By End-Users: Hospitals, Ambulatory Surgical Centers, Cardiac Centers
Subsegments:
1) By Coronary Stent: Drug-Eluting Stents, Bare-Metal Stents, Bioabsorbable Stents
2) By Implantable Cardioverter Defibrillator (ICD): Single-Chamber ICD, Dual-Chamber ICD, Biventricular ICD
3) By Heart Valve: Mechanical Heart Valves, Biological Heart Valves, Transcatheter Heart Valves
4) By Implanted Cardiac Pacemaker: Single-Chamber Pacemaker, Dual-Chamber Pacemaker, Biventricular Pacemaker
5) By Cardiac Resynchronization Therapy (CRT) Devices: CRT-P Devices (Pacemakers), CRT-D Devices (Defibrillators)
6) By Peripheral Stent: Carotid Artery Stents, Renal Artery Stents, Femoral Artery Stents
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Which region dominates the cardiovascular implants market?
North America was the largest region in the cardiovascular implants market in 2024. The regions covered in the cardiovascular implants market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Which key market leaders are driving the cardiovascular implants industry growth?
Major companies operating in the cardiovascular implants market report are Abbott Laboratories, Medtronic PLC, Boston Scientific Corporation, B. Braun Melsungen AG, Edwards Lifesciences Corporation, W. L. Gore & Associates Inc., Cook Medical Incorporated, Teleflex Incorporated, Kyoto Medical Planning Co. Ltd., Abiomed Inc., Livanova PLC, BIOTRONIK SE & Co. KG, CryoLife Inc., Endologix Inc., Sorin Group, Berlin Heart GmbH, REVA Medical LLC., Syncardia Systems LLC, Elixir Medical Corporation, Fortimedix Surgical B.V., AMG International GmbH, CHF Solutions Inc., Proxy Biomedical Ltd., Calon Cardio-Technology Ltd., InspireMD Inc., Neovasc Inc., Shree Pacetronix Ltd., Vascutek Ltd (Terumo Corporation)
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What Is Covered In The Cardiovascular Implants Global Market Report?
• Market Size Forecast: Examine the cardiovascular implants market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the cardiovascular implants market for a structured understanding.
• Key Players Overview: Analyze major players in the cardiovascular implants market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the cardiovascular implants market.
• Segment Contributions: Evaluate how different segments drive overall growth in the cardiovascular implants market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the cardiovascular implants market.
• Industry Challenges: Identify potential risks and obstacles affecting the cardiovascular implants market.
• Competitive Landscape: Review strategic developments in the cardiovascular implants market, including expansions, agreements, and new product launches.
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