Rising Cardiovascular Disease Rates Drive Growth in Cardiac Prosthetic Devices : The Driving Engine Behind Cardiac Prosthetic Devices Market Evolution in 2025

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Cardiac Prosthetic Devices Market Size Growth Forecast: What to Expect by 2025?
The market size of cardiac prosthetic devices has witnessed swift expansion in the recent past. The market is projected to expand from $8.2 billion in 2024 to $9.15 billion in 2025, with a compound annual growth rate (CAGR) of 11.5%. This growth during the historical period is attributed to factors such as the surging elderly population prone to cardiovascular diseases, growing cases of these diseases, enhancements in surgical procedures, elevated consciousness among patients and healthcare givers about cardiac well-being, and beneficial government strategies and financial aid for cardiovascular health plans.

How Will the Cardiac Prosthetic Devices Market Size Evolve and Grow by 2029?
The market for cardiac prosthetic devices is predicted to experience a rapid surge in the coming years, with its value expected to reach $13.97 billion by 2029, growing at a compound annual growth rate (CAGR) of 11.2%. Factors influencing this growth in the forecasted timeframe include the expanding geriatric population who are susceptible to heart-related ailments, increased healthcare expenses and device investment, favorable circumstances regarding insurance and reimbursements, enhanced patient inclination towards advanced therapeutics, and a rising incidence of lifestyle-induced cardiac conditions. Major foreseeable trends encompass the creation of smaller, more effective cardiac prosthetic devices for minimally invasive surgeries, advancements in biocompatible materials, integration with wearable technologies, enhancements in battery technology, and the use of 3D printing technology.

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What Drivers Are Propelling the Growth of Cardiac Prosthetic Devices Market Forward?
The rise of cardiovascular illnesses is anticipated to spur the expansion of the cardiac prosthetic devices market. These diseases, which include afflictions such as coronary artery disease, heart attacks, and strokes, distress the heart and blood vessels. The rise in cardiovascular diseases can be attributed to unhealthy living habits, rampant obesity rates, poor nutrition, insufficient physical exercise, high levels of stress, and an aging population. In countering these diseases, cardiac prosthetic devices are hugely influential as they aid or substitute for the heart's functionality or its elements. For example, data from the British Heart Foundation, a UK cardiovascular research charity, highlighted in January 2024 that nearly 7.6 million individuals in the UK suffer from heart and circulatory illnesses, with about 4 million men and 3.6 million women coping with these health conditions. These diseases result in approximately 27% of all mortalities in the UK, equating to over 170,000 deaths every year, roughly 480 daily, or one death approximately every three minutes. Given these circumstances, the increasing frequency of cardiovascular diseases is catalyzing the growth of the cardiac prosthetic devices market.

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Which Emerging Trends Are Transforming the Cardiac Prosthetic Devices Market in 2025?
Leading firms in the cardiac prosthetic devices market are concentrating on the creation of breakthrough technologies like transcatheter pacing systems to bolster cardiac function, minimize procedure invasiveness, and better manage heart rhythm disorders in patients. A transcatheter pacing system is a less invasive device that is introduced via a catheter to control the heart's electrical signals without requiring exterior wires or surgery. For example, Medtronic plc, a medical device company based in Ireland, introduced the Micra AV Transcatheter Pacing System in January 2022. This is a small and less-invasive device engineered to tackle bradycardia or slow heart rate. The Micra AV TPS is structured to offer accurate and dependable pacing for patients afflicted with bradycardia, incorporating advanced tech to coordinate pacing with the cardiac's natural rhythm. Its reduced size and internal battery extend its lifespan, while the ability to monitor remotely empowers healthcare providers to effectively oversee the device's functionality and patient results.

What Are the Key Segments in the Cardiac Prosthetic Devices Market?
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

Subsegments:
1) By Valves: Mechanical Valves, Tissue Valves, Transcatheter Heart Valves
2) By Pacemakers: Single-Chamber Pacemakers, Dual-Chamber Pacemakers, Biventricular Pacemakers

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Who Are the Key Players Shaping the Cardiac Prosthetic Devices Market's Competitive Landscape?
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

What Geographic Markets Are Powering Growth in the Cardiac Prosthetic Devices Market?
North America was the largest region in the cardiac prosthetic devices market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the cardiac prosthetic devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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