Press release
US Cardiovascular Devices Market Outlook 2025-2034: Emerging Trends, Growth Catalysts, and Revenue Insights
US Cardiovascular Devices Market
US Cardiovascular Device Market size and share is currently valued at USD 22.35 billion in 2024 and is anticipated to generate an estimated revenue of USD 38.49 billion by 2034, according to the latest study by Polaris Market Research. Besides, the report notes that the market exhibits a robust 5.6% Compound Annual Growth Rate (CAGR) over the forecasted timeframe, 2025 - 2034
What is US Cardiovascular Devices Market?
The U.S. cardiovascular devices market encompasses a wide range of medical devices used for diagnosing, monitoring, and treating heart-related conditions and disorders. These devices include pacemakers, defibrillators, stents, catheters, heart valves, and imaging systems. As cardiovascular diseases (CVDs) remain the leading cause of death in the U.S., there is a constant demand for innovative, minimally invasive, and life-saving technologies. The market benefits from an aging population, increasing prevalence of hypertension, obesity, and diabetes, as well as advancements in medical imaging and robotic-assisted surgical procedures. Additionally, high healthcare expenditure, well-established reimbursement policies, and the presence of top-tier healthcare institutions contribute to the U.S. market's growth. Regulatory oversight by the FDA ensures quality and safety but can also delay product approvals. The increasing adoption of remote monitoring technologies and wearable cardiac devices is reshaping patient care delivery.
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What Is the Report Scope?
• Provides a comprehensive analysis of the market, including historical data, current trends, and future projections.
• Covers both qualitative and quantitative insights to support strategic decision-making.
• Examines key market segments and sub-segments to offer an in-depth market assessment.
• Includes detailed regional analysis covering major geographic markets.
• Assesses the competitive landscape with profiles of leading players, recent developments, and strategic initiatives.
US Cardiovascular Devices Market Drivers
The U.S. cardiovascular devices market is fueled by the rising prevalence of cardiovascular diseases (CVDs), which remain the leading cause of death in the country. An aging population, combined with lifestyle-related risk factors such as obesity, hypertension, and diabetes, has created a strong demand for early diagnosis and effective treatment of heart-related conditions. Technological advancements, including the development of minimally invasive procedures, drug-eluting stents, and implantable cardioverter defibrillators (ICDs), have improved patient outcomes and spurred adoption. The increasing popularity of wearable cardiac monitors and mobile health (mHealth) technologies also contributes to continuous patient monitoring and proactive care. Moreover, favorable reimbursement policies and the presence of world-class healthcare infrastructure further support market growth. Regulatory support from the U.S. FDA, coupled with robust R&D investments by both public and private sectors, has led to the rapid commercialization of innovative devices. The integration of AI and machine learning in cardiac imaging and diagnostics is also emerging as a transformative driver in the market.
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Who Are Market Key Players?
This market features dynamic competition where prominent organizations continuously innovate and pursue strategic alliances to expand their market share and influence. Key US Cardiovascular Devices market participants include:
• Abbott Laboratories
• B. Braun Melsungen AG
• Biotronik SE & Co.KG
• Boston Scientific Corporation
• C. R. Bard, Inc.
• Cook Medicals
• Edward lifesciences corporation
• Jude Medical, Inc.
• Lepu Medicals
• Liaoning Biomedical Materials
• Medtronic Plc
• Meril Life Sciences
• MicroPort Scientific Corporation
• Terumo Corporation
• Translumina GmbH
• Vascular Concepts
U.S. Cardiovascular Device Market Report Highlights
o By device type, the therapeutic and surgical devices segment accounted for approximately 70% of the revenue share in 2024, due to the rising number of interventional cardiology procedures across hospitals and specialty cardiac centers.
o By application, the coronary artery disease segment accounted for the largest revenue share in 2024, driven by its widespread prevalence high incidence among aging individuals.
o By end use, the hospitals segment accounted for approximately 60% of the revenue share in 2024, due to their comprehensive infrastructure for handling complex cardiovascular interventions and emergency cardiac care.
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Which Region Leads Market Demand?
• North America (U.S., Canada)
• Europe (France, Germany, UK, Italy, Netherlands, Spain, Russia)
• Asia Pacific (Japan, China, India, Malaysia, Indonesia. South Korea)
• Latin America (Brazil, Mexico, Argentina)
• Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa)
How Is Market Segmentation Done?
The market segmentation section provides a clearer understanding of demand patterns and growth opportunities across different segments. The market is segmented based on the following key parameters:
By Device Type (Revenue USD Billion, 2020-2034)
• Diagnostic and Monitoring Devices
o Electrocardiogram
o Remote Cardiac Monitoring
o MRI
o Others
• Therapeutic and Surgical Devices
o Ventricular Assist Devices
o Cardiac Rhythm Management Devices
o Catheter
o Stents
o Others
By Application (Revenue USD Billion, 2020-2034)
o Heart Failure
o Cardiac Arrhythmia
o Coronary Artery Disease
o Others
By End Use (Revenue USD Billion, 2020-2034)
o Hospitals
o Ambulatory Surgical Centers
o Specialty Clinics
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About Polaris Market Research & Consulting, Inc:
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for PMR's clientele spread across different enterprises. We at Polaris are obliged to serve PMR's diverse customer base present across the industries of healthcare, technology, semiconductors, and chemicals among various other industries present around the world. We strive to provide PMR's customers with updated information on innovative technologies, high-growth markets, emerging business environments, and the latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced, and extremely qualified team of experts comprising SMEs, analysts, and consultants, we at Polaris endeavor to deliver value-added business solutions to PMR's customers.
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Top Key Player:-
Abbott Laboratories
Braun Melsungen AG
Boston Scientific Corporation
R. Brad, Inc.
Cardinal Health, Inc.
Medtronic plc.
Cook Medical, Inc.
Teruma Corporation
Jude Medical, Inc.
The Spectranetics Corporation
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