According to the report, global cardiovascular devices market was valued at approximately USD 7.98 billion in 2023 and is expected to generate revenue of around USD 14.36 billion by 2032, growing at CAGR of around 6.74% between 2023 and 2032.
Zion Market Research has published a new report titled “Cardiovascular Devices Market by Device Type (Cardiac Diagnostics & Monitoring Devices, Electrophysiology Devices, Peripheral Vascular Devices, Interventional Cardiac Devices, Cardiac Rhythm Management, Cardiac Prosthetic Devices, and Others), And By Region - Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts 2024 – 2032”.
Cardiovascular disease is one of the prominent causes of death among Western countries across the globe. Devices are designed by applying engineering principles for gaining improvement in the functioning of devices, which has minimized several predetermined side effects caused on the health of the patients. Government and ruling authorities are investing prominent share on the studies and research & development of cardiovascular disease for the development of advanced devices in order to replace conventional one.
Furthermore, progress has made challenging and complex cardiovascular surgical procedures possible. Cardiovascular devices include indwelling catheters, cardiac valves, hemodialyzers, stents and stent grafts, pacemakers and implantable defibrillators, vascular grafts, blood oxygenators, and circulatory support devices.
Increasing intervention of cardiovascular diseases all across the globe has resulted in the upsurge demand for minimally invasive surgeries and this is estimated to drive the global cardiovascular device market. However, the high cost of the devices and stringent regulatory policies by approval committees are acting as restraints for the cardiovascular devices. Nonetheless, ongoing research and development and huge investment in the cardiac segment may be considered as futuristic opportunities for the cardiovascular devices market within the forecast period.
On the basis of device type, the cardiovascular devices market is segmented into cardiac diagnostics & monitoring devices, electrophysiology devices, peripheral vascular devices, interventional cardiac devices, cardiac rhythm management (CRM), cardiac prosthetic devices, and others. Cardiac diagnostic and monitoring devices dominated the cardiovascular devices market because of their compact and portable designs followed by cardiac rhythm management.
Cardiovascular Devices Market North America, Asia Pacific, Europe, Latin America, and the Middle East & Africa are key regional segments of the global cardiovascular devices market. North America is estimated to lead the global cardiovascular device market over the near future followed by Europe. Moreover, the U.S. is expected to acquire the highest market value share in the North America cardiovascular devices market. This is primarily due to the presence of high obesity percentage and disposable income in this region.
The Asia Pacific is expected to show prominent growth in the cardiovascular devices market over the forecast period. Moreover, the Middle East and Africa and Latin America are also estimated to grow at a moderate pace in the global market in the near future.
Cardiovascular Devices Market: Competitive Space
The global dardiovascular devices market profiles key players such as:
- Aboimed, Inc
- Abbott Vascular
- Biotronik SE & Co. KG
- B. Braun Melsungen AG
- Cardinal Health Inc
- Boston Scientific Corporation
- Cook Medical, Inc
- Cordis Corporation
- GE Healthcare
- JOHNSON & JOHNSON
This report segments the global cardiovascular devices market as follows:
Cardiovascular Devices Market: By Device Type
- Cardiac Diagnostics & Monitoring Devices ECG Systems Event Premonitory Monitors Implantable Loop Recorders ECG Management Systems
- Electrocardiography Deviance Ablation Catheter Laboratory Deviance Diagnostic Catheters Access Devices
- Peripheral Vascular DevicesPeripheral Vascular StentsPeripheral Transluminal Angioplasty Balloon CathetersPTA GuidewiresAtherectomy DevicesChronic Total Occlusion DevicesAortic StentsSynthetic Surgical GraftsEmbolic Protection Devices Inferior Vena Cava FiltersInterventional Cardiac Devices
- StentsCathetersPTCA BalloonsImage SystemsPercutaneous Transluminal Coronary Angioplasty (PTCA) Guidewires
- Cardiac Rhythm Management (CRM)PacemakerDefibrillatorCardiac Resynchronization Therapy
- Cardiac Prosthetic DevicesMechanical Heart ValvesTissue Heart ValvesTranscatheter Heart ValvesImplantable PacemakerExternal Pacemaker
- Others
Global Cardiovascular Devices Market: By Region
- North AmericaThe U.S.
- EuropeUKFranceGermany
- Asia PacificChinaJapanIndia
- Latin AmericaBrazil
- The Middle East and Africa
About Us: Zion Market Research is an obligated company. We create futuristic, cutting-edge, informative reports ranging from industry reports, the company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from cardinal industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client’s needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.
Contact Us:
Zion Market Research 244 Fifth Avenue, Suite N202 New York, 10001, United States Tel: +49-322 210 92714 USA/Canada Toll-Free No.1-855-465-4651 Email: [email protected] Website: https://www.zionmarketresearch.com