Cardiovascular Devices Market Expansion Continues, with Forecast Valuation of $93.49 Billion by 2029

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Cardiovascular Devices Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The market for cardiovascular devices has experienced substantial growth in the past few years. Its size is projected to increase from $67.89 billion in 2024 to $72.22 billion in 2025, marking a compound annual growth rate (CAGR) of 6.4%. Factors such as lifestyle-related illnesses, an aging population, the advent of minimally invasive procedures and implantable devices, improved access to healthcare, and regulatory approvals have contributed to this significant growth in the historic period.

Cardiovascular Devices Market Size Forecast: What's the Projected Valuation by 2029?
The market for cardiovascular devices is anticipated to witness significant expansion in the coming years, with its value projected to reach $93.49 billion in 2029, growing at a compound annual growth rate (CAGR) of 6.7%. This anticipated growth during the forecast period can be credited to factors like personalized medicine, remote monitoring, growth in emerging markets, the incorporation of artificial intelligence (AI), and value-based healthcare. Notable trends expected during the forecast period comprise wearable cardiovascular devices, minimally invasive procedures, bioresorbable devices, remote consultations and telesurgery, as well as sustainable and environment-friendly devices.

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What Are the Drivers Transforming the Cardiovascular Devices Market?
The surge in cardiovascular diseases is boosting the expansion of the cardiovascular device market. Heart and blood vessel-related health issues, known as cardiovascular diseases, consist of a variety of ailments and conditions impacting the circulatory system. Cardiovascular devices, designed to assist the heart and blood circulation in people with weak or deteriorating hearts, gain relevancy in this context. To illustrate, the Immigration and Checkpoints Authority, a government agency based in Singapore, reported that heart and hypertension-related deaths reached 6,884 in 2022, marking a 10.35% rise from the 6,238 deaths in 2021. Consequently, the escalating occurrence of cardiovascular diseases anticipates fostering the cardiovascular device market's expansion.

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What Long-Term Trends Will Define the Future of the Cardiovascular Devices Market?
Leading companies in the cardiovascular devices market are introducing novel products, one such being the balloon ablation catheter, to boost their market profitability. The balloon ablation catheter is the first of its kind to use radiofrequency balloon ablation in catheter-based cardiac electrophysiological mapping procedures, incorporating both atria stimulation and transcription. An example of this is when Biosense Webster, an American company specializing in the study and treatment of heart rhythm disorders, released the HELIOSTAR Balloon Ablation Catheter in October 2022. The product is equipped with a unique one-shot balloon technology which can achieve pulmonary vein isolation in a mere 12 seconds, along with personalized energy supply and a built-in 3D mapping solution.

Which Segments in the Cardiovascular Devices Market Offer the Most Profit Potential?
The cardiovascular devices market covered in this report is segmented -

1) By Type: Cardiovascular Surgery Devices And Equipment, Cardiac Rhythm Management (CRM) Devices And Equipment, Interventional Cardiology Devices And Equipment, Defibrillator Devices And Equipment, Peripheral Vascular Devices And Equipment, Prosthetic Heart Valve Devices And Equipment, Electrophysiology Devices And Equipment, Cardiac Assist Devices And Equipment
2) By End User: Hospitals And Clinics, Diagnostic Laboratories, Other End Users
3) By Type of Expenditure: Public, Private
4) By Product: Instruments Or Equipment, Disposables

Subsegments:
1) By Cardiovascular Surgery Devices And Equipment: Coronary Artery Bypass Graft (CABG) Equipment, Heart Valve Repair And Replacement Devices, Aortic Aneurysm Repair Devices, Cardiopulmonary Bypass Equipment, Other Cardiovascular Surgery Devices
2) By Cardiac Rhythm Management (CRM) Devices And Equipment: Pacemakers, Defibrillators, Cardiac Resynchronization Therapy (CRT) Devices
3) By Interventional Cardiology Devices And Equipment: Stents (Drug-Eluting, Bare-Metal), Catheters (Balloon, Diagnostic, Guiding), Angioplasty Equipment, Guidewires, Other Interventional Cardiology Devices
4) By Defibrillator Devices And Equipment: Implantable Cardioverter Defibrillators (ICDs), Automated External Defibrillators (AEDs), Wearable Defibrillators, External Defibrillators
5) By Peripheral Vascular Devices And Equipment: Peripheral Stents, Balloons (Peripheral Angioplasty), Embolic Protection Devices, Endovenous Laser Devices, Other Peripheral Vascular Devices
6) By Prosthetic Heart Valve Devices And Equipment: Mechanical Heart Valves, Biological Heart Valves, Transcatheter Heart Valves (TAVR), Other Prosthetic Heart Valve Devices
7) By Electrophysiology Devices And Equipment: Ablation Catheters, Electrophysiology Mapping Systems, ECG And EKG Systems, Cardiac Mapping And Navigation Systems, Other Electrophysiology Devices
8) By Cardiac Assist Devices And Equipment: Ventricular Assist Devices (LVADs), Intra-Aortic Balloon Pumps, Total Artificial Heart, Extracorporeal Membrane Oxygenation (ECMO), Other Cardiac Assist Devices

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Which Firms Dominate the Cardiovascular Devices Market by Market Share and Revenue in 2025?
Major companies operating in the cardiovascular devices market include Medtronic plc, Boston Scientific Corporation, Abbott Laboratories, Edwards Lifesciences Corporation, Johnson & Johnson, Terumo Corporation, Getinge AB, Teleflex Incorporated, Becton, Dickinson and Company, Siemens Healthineers AG, Fresenius SE & Co. KGaA, GE HealthCare Technologie Inc., Stryker Corporation, B. Braun Medical Pvt. Ltd., Baxter International Inc., Danaher Corporation, Fujifilm Holdings Corporation, Canon Medical Systems Corporation, MicroPort Scientific America Inc., W L Gore & Associates Inc., AngioDynamics Inc., CryoLife Inc., Endologix LLC, Lombard Medical Limited, Avinger Inc., Abiomed Inc., Biosensors International Group Ltd., Biotronik SE and Co. KG, CeloNovaBioSciences Inc., LeMaitre Vascular Inc., Nano Therapeutics Pvt. Ltd.

Which Regions Offer the Highest Growth Potential in the Cardiovascular Devices Market?
North America was the largest region in the global cardiovascular devices market in 2024. Western Europe was the second largest region in the global cardiovascular devices market. Africa. was the smallest region in the global cardiovascular devices market. The regions covered in the cardiovascular devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

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