Delivering value through Insights that matter!

Home / Report / Healthcare / Medical Devices / Global Cardiovascular Devices Market

Global Cardiovascular Devices Market

$3,850.0 – $7,700.0

Industry Analysis, Forecasts and Opportunity Assessment (2017-2022)

  • Market Trends, Dynamics and Regulatory Framework
  • Regional and Cross-segment Sales Figures
  • Extensive Industry Structure Coverage

Sample Report Request Customisation

Clear
SKU: N/A Category:

Description

The Global Cardiovascular Devices Market was valued at over 33 billion in 2015 and is expected to grow at a CAGR of 6.4% to reach $54.22 billion by the end of 2021. Cardiovascular devices are used to diagnose and treat heart diseases that include numerous problems, most of them related to atherosclerosis. Atherosclerosis is a medication state aroused when a substance called plaque builds up in the walls of the arteries making it harder for the blood to flow thus creating problems.

Market Dynamics

There are various factors that are responsible for the growth in this market such as increase in awareness among population, rapid technological advances, high preference of minimally invasive procedures as these surgeries are less painful, reduce hospital stays, low chances of infections and a faster recovery is there. In addition, cardiovascular devices have a great scope for innovations that will have a strong positive impact on this market in coming few years.

However, there are a few restraints in this market. Stringent regulations and legislations in getting product approvals, lack of skilled healthcare professionals, high cost of cardiovascular devices and their maintenance are some of the restraining factors.

Market Segmentation

The global cardiovascular devices market is segmented by:

Type:

• Cardiac Rhythm Management Devices
• Interventional Cardiac Devices
• Peripheral Vascular Devices
• Cardiac Pacemakers
• Cardiac Assist Devices
• Cardiac Angioplasty Devices
• Prosthetics (Artificial) Heart Valves
• Stents

Technology:

• Minimally Invasive Cardiac Surgery
• Cardiopulmonary Bypass Products
• Valve Prosthesis & Repair

Stents hold the major share in the market due to rising demand of minimally invasive surgeries.

Geographic Analysis

North America accounts for the largest market share owing to rising awareness about the treatments, presence of a large patient pool and high disposable incomes. U.S is the leader in the North American market, followed by Canada. Europe, in which Germany, France are some of the largest markets comes after North America. However, Asia-Pacific is the fastest growing market due to increasing number of geriatric population in the region with increasing awareness about various heart diseases. Japan and China will be the largest markets in Asia- Pacific.

Key Companies

Some of the key companies in the market are St. Jude Medical, Medtronic Inc., Abbott Vascular, MAQUET GmbH & Co. KG, EndoPhotonix Inc., Terumo Corporation, C. R. Bard Inc., SEMMT Inc., Cardima Inc. CyberHeart Incorporated, Kardium Inc., MedWaves Incorporated and Boston Scientific Corporation.

The report contains comprehensive analysis on:

• Cardiovascular Devices Market Segments

• Cardiovascular Devices Market Drivers, Restraints and Opportunities

• Cardiovascular Devices Market Size & Forecast 2016 to 2022

• Supply & Demand Value Chain

• Cardiovascular Devices Market Current Trends

• Competition & Major Companies

• Technology and R&D Status

• Porters Five Force Analysis

• Strategic and Critical Success Factor Analysis of Key Players

Regional analysis Cardiovascular Devices Market includes

• North America

• US and Canada

• Latin America

• Mexico, Brazil, Argentina and Rest of Latin America

• Western Europe

• EU5 (Germany, France, Italy, Spain, U.K.)

• Nordic Countries (Denmark, Finland, Norway, and Sweden)

• Benelux (Belgium, The Netherlands, and Luxembourg)

• Rest of Western Europe

• Eastern Europe

• Russia

• Poland

• Rest of Eastern Europe

• Asia Pacific

• China

• India

• Japan

• Australia and New Zealand

• Rest of Asia Pacific

• Middle East and Africa

• GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)

• South Africa

• North Africa

• Rest of Middle East and Africa

This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides in-depth market segmentation that is derived from extensive product mapping exercises, macro-economic factors and other qualitative and quantitative insights. The impact of all such factors are delivered across multiple market segments and geographies.

Report Highlights:

• Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)

• Consumer and Pricing Analysis

• Market dynamics of the industry

• In-depth Market Segmentation

• Historical and Projected Market Sizing in terms of volume and value

• Recent market trends and Impact Factors

• R&D Status and Technology Overview

• Extensive Industry Structure Coverage

Related Products:

Global Cardiovascular Devices Market

The Global Cardiac Assist Devices(CAD) Market is valued at USD XX Billion in 2016 and is poised to reach USD XX Billion by 2022 growing at a CAGR of XX% during the forecast period. Cardiac assist devices are electromechanical devices which work alongside the heart to carry out its function. The demand for such devices has risen over the years due to increased cases of cardiovascular diseases (CVDs) and the scarcity of organs to meet the demand. According to WHO, more than 17.7 million people ...

Global Cardiovascular Devices Market

The Global Cardiac Rhythm Management Devices Market is valued at USD XX Billion in 2016 and is poised to reach USD XX Billion by 2022 growing at a CAGR of XX% during the forecast period. Cardiac rhythm management devices are implantable devices used for cardiac resynchronization to patients suffering from cardiac arrhythmias. The demand for such devices has risen over the years due to increased reported cases of cardiovascular diseases (CVDs). According to WHO, more than 17.7 million people d...

Global Cardiovascular Devices Market

The Global Cardiac Monitoring Market was valued at US$ XX Mn in 2016 and is expected to reach US$ XX Mn by 2022 with an estimated CAGR growth of XX% during the forecasted period. Cardiac arrests are a norm of the present. Cardiac Monitoring refers to the process of tracking and detecting these disorders so that measures might be taken to avoid the incidence of the sudden attacks. The market is predicted to witness an extended increase in attention and growth rate thanks to the rise in numb...

Global Cardiovascular Devices Market

Cardiac Arrhythmia is a condition where the heartbeat is irregular, too fast or too slow. Normal heart rate is 72 beats per min. A heart rate of 100 beats per minute and 60 beats per min is known as tachycardia and bradycardia respectively. Although it is not serious in most of the cases, sometimes it can cause a stroke or heart failure. Arrhythmia monitoring is done to identify the type and causes of irregular heartbeat. These tests include Electrocardiograph(ECG) and Electrophysiology (EP) ...

Global Cardiovascular Devices Market

The Global artificial organs bionicsmarket was valued at US$ 18.5 Billion in 2017 and is expected to reach US$ 29.12 Billion by 2022 growing at a CAGR of9.5% during the forecast period 2017-2022.Artificial organs and bionics are mechanical devices that can be implanted into humans to substitute for a natural organ or offer support towards restoring of certain bodily functions by which the patient may be able to return to normal life. Nowadays, manufacturers are concentrating on the advancemen...

Global Cardiovascular Devices Market

An implant is a medical process used to replace, support or enhance an existing biological structure. It is different from medical transplant in a way that these are man-made devices whereas transplant procedure involves transplanting biomedical tissues. Some of the biomedical material used for the implant are silicone, titanium, apatite etc. An artificial pacemaker is an example of implants containing electronics. End-user/Technology Healthcare centers and hospitals are the main users ...

Global Cardiovascular Devices Market

The Global Cardiovascular Devices Market was valued at over 33 billion in 2015 and is expected to grow at a CAGR of 6.4% to reach $54.22 billion by the end of 2021. Cardiovascular devices are used to diagnose and treat heart diseases that include numerous problems, most of them related to atherosclerosis. Atherosclerosis is a medication state aroused when a substance called plaque builds up in the walls of the arteries making it harder for the blood to flow thus creating problems. Market D...

Global Cardiovascular Devices Market

ECMO(extracorporeal membrane oxygenation) machine resembles the heart-lung by-pass machine in functionality and it operated by pumping and oxygenating a patient's blood outside the body, allowing the heart and lungs to rest. ECMO is designed to provide temporary support when all other forms of conventional life support fail, and is not a cure for the underlying cause of cardiac or respiratory failure, but it does allow time for recuperation and/or response to conventional therapies. ECMO is ...

Global Cardiovascular Devices Market

Electrocardiograph is a device that is used to perform electrocardiography - record the electrical activity of the heart over a period of time using electrodes placed on the skin. The device is useful in examining and diagnosing many heart-related ailments like heart attacks, chest pain, seizures, cardiac dysrhythmias, pulmonary embolism, etc., The device is typically used on patients who have suffered heard damage, are at risk of heart disease, or experience symptoms of heart-related problem...

Global Cardiovascular Devices Market

Minimally invasive procedures involve tiny incisions made instead of one large opening. The surgeon inserts a thin tube through the tiny incision with a small camera attached at the end. These procedures are carried out using minimally invasive devices. The main advantages of these devices are that they cause less pain, enable shorter hospital stay, impose less injury to tissue and have a higher accuracy rate. The largest product segment of the minimally invasive devices market are surgical d...

Global Cardiovascular Devices Market

Introduction The Global Patient Monitoring Equipment market is a fast growing market owing to the demand for after surgery care and service and monitoring of aging population. The vital parameters of the patient are continuously monitored using these monitoring equipment. The information is shown on a CRT, LED or LCD screen as information channels along the time axis. The showed values are calculated parameters relying on the most extreme, least and normal values. The market is expected to...

Global Cardiovascular Devices Market

Introduction Physical therapy, also known as physiotherapy is a treatment method which focuses on the science of movement and helps people to restore and maintain their physical strength, motion and well-being by addressing the underlying physical issues. It extends from health promotion to injury prevention, rehabilitation, maintenance of functional mobility, acute care, chronic disease management, patient and carer education and occupational health. Over the past few years, the physiothe...

Global Cardiovascular Devices Market

Single Photon Emission Computed Tomography (SPECT) is a form of non-invasive nuclear imaging that uses radioactive tracers and a scanner to record data to determine how organs inside the body work. Data from the SPECT can be used to construct a two dimensional or three dimensional image with the help of a computer. SPECT can be combined with CT and MRI scans to provide detailed metabolic and anatomical information about the human body and this has led to SPECT gaining huge popularity around t...

Related products

×
Sample Report
Your data will never be shared with third parties, however, we may send you information from time to time about our products that may be of interest to you. You may contact us at any time to opt-out. Please tick here to receive these communications.
×
Report Customisation
Your data will never be shared with third parties, however, we may send you information from time to time about our products that may be of interest to you. You may contact us at any time to opt-out. Please tick here to receive these communications.
×
Services Contact
Your data will never be shared with third parties, however, we may send you information from time to time about our products that may be of interest to you. You may contact us at any time to opt-out. Please tick here to receive these communications.
×