Press release
Cardiovascular Devices Market Emerging Technologies and Investor Insights to 2031 - Top Companies are B. Braun SE, Medtronic, Abbott.
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 report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.
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Cardiovascular devices are medical instruments and technologies designed to diagnose, monitor, and treat various heart and vascular conditions. These devices include a wide range of products such as pacemakers, stents, defibrillators, heart valves, blood pressure monitors, and catheters. They play a critical role in managing cardiovascular diseases, improving heart function, and preventing complications like heart attacks, arrhythmias, and strokes. Cardiovascular devices are essential for both invasive procedures, such as angioplasty and bypass surgery, and non-invasive treatments, contributing to enhanced patient outcomes and quality of life.
List of the Key Players in the Cardiovascular Devices Market:
B. Braun SE, Medtronic, Abbott, Boston Scientific Corporation, Edwards Lifesciences Corporation, Johnson & Johnson Services, Inc., GE HealthCare, LivaNova, Inc., Koninklijke Philips N.V., Terumo Cardiovascular Systems Corporation among others.
Emerging Players
Vectorious Medical Technologies, FibriCheck, and Magicardio among others
Industry Development:
In March 2024, Prevounce Health and Boston Scientific Corporation announced that the U.S. Food and Drug Administration (FDA) has approved the AGENT Drug-Coated Balloon (DCB) for treating coronary in-stent restenosis (ISR) in patients with coronary artery disease. ISR refers to the re-narrowing or blockage of a previously stented artery due to plaque buildup or scar tissue formation.
Growth Forecast 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.
Research Process:
Both primary and secondary data sources have been used in the global Cardiovascular Devices Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.
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Segment Covered in the Cardiovascular Devices Market:
By Device Type: Diagnostic and Monitoring Devices, Electrocardiogram (ECG), Remote Cardiac Monitoring, Other, Therapeutic and Surgical Devices, Cardiac Assist Devices, Cardiac Rhythm Management Devices
By Application: Coronary Heart Disease (CAD), Cardiac Arrhythmia, Heart Failure, Other
By End-User: Hospitals, Specialty Clinics, Other
Regional Analysis for Cardiovascular Devices Market:
The regional analysis of the Cardiovascular Devices Market covers key regions including North America, Europe, Asia Pacific Middle East and Africa and South America. The North America with a focus on the U.S., Canada, and Mexico; Europe, highlighting major countries like the U.K., Germany, France, and Italy, along with other nations in the region; Asia-Pacific, covering India, China, Japan, South Korea, and Australia, among others; South America, with emphasis on Colombia, Brazil, and Argentina; and the Middle East & Africa, which includes Saudi Arabia, the U.A.E., South Africa, and other countries. This comprehensive regional breakdown helps identify unique market trends and growth opportunities specific to each area.
⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
Benefits of the Report:
➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.
➡ Top-down and bottom-up approach for regional analysis
➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.
➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market
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People Also Ask:
➠ What is the global sales, production, consumption, import, and export value of the cardiovascular devices market?
➠ Who are the leading manufacturers in the global cardiovascular devices industry? What is their operational status in terms of capacity, production, sales, pricing, costs, gross margin, and revenue?
➠ What opportunities and challenges do vendors in the global cardiovascular devices industry face?
➠ Which applications, end-users, or product types are expected to see growth? What is the market share for each type and application?
➠ What are the key factors and limitations affecting the growth of the cardiovascular devices market?
➠ What are the various sales, marketing, and distribution channels in the global industry?
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Contact Us -
Company Name: DataM Intelligence
Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
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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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