Cardiac Prosthetic Devices Market Analysis by Industry Size, Scope, Structure and Growth Drivers by 2025
According to IMARC Group’s report, titled “Cardiac Prosthetic Devices Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025”, the global cardiac prosthetic devices market is currently witnessing a healthy growth and is expected to grow at a CAGR of around 8% during the next five years.
Cardiac prosthetic devices are artificial devices implanted temporarily or permanently for supporting the proper functioning of damaged heart tissues. They are also used for maintaining blood flow, preventing blockage in arteries and improving the overall quality of life in patients. Some of the commonly utilized cardiac prosthetic devices include pacemakers, ventricular assist devices, defibrillators, annuloplasty rings and heart valves.
On account of the sedentary lifestyles and unhealthy dietary patterns, there is an increase in the prevalence of cardiovascular diseases (CVDs) and other heart ailments, such as coronary artery disease (CAD). This represents one of the significant factors bolstering the growth of the cardiac prosthetic devices market. Moreover, advancements in heart valve replacement devices and the introduction of compact-sized pacemakers are impelling the market growth. Other factors, such as the rising trend of minimally invasive surgery (MIS), growing geriatric population and extensive research and development (R&D) activities, are expected to drive the market further in the coming years.
Get a PDF sample of this report for more detailed market insights: https://www.imarcgroup.com/cardiac-prosthetic-devices-market/requestsample
Cardiac Prosthetic Devices Market 2020-2025 Competitive Analysis and Segmentation:
Competitive Landscape:
The competitive landscape of the cardiac prosthetic devices market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
• Abbott Laboratories
• Biotronik
• Boston Scientific Corporation
• Edwards Lifesciences Corporation
• Lepu Medical Technology Co. Ltd.
• Medtronic Inc.
• Meril Life Sciences Pvt. Ltd.
• Siemens Healthcare GmbH
• Sorin Group
• St. Jude Medical Inc.
The report has segmented the global cardiac prosthetic devices market on the basis of region, product type and end user.
Breakup by Product Type:
• Valves
o Mechanical Valve
o Tissue Valve
o Stented Tissue Valve
o Stentless Tissue Valve
o Transcatheter Valve
• Pacemakers
• Implantable Pacemakers
o Single-Chamber Battery Pacemaker
o Dual-Chamber Battery Pacemaker
o Triple-Chamber Battery Pacemaker
• External Pacemakers
• Others
Breakup by End-User:
• Hospitals, Clinics and Cardiac Centers
• Ambulatory Surgical Centers
• Others
Breakup by Region:
• North America
• Asia Pacific
• Europe
• Latin America
• Middle East and Africa
Explore full report with table of contents: https://www.imarcgroup.com/cardiac-prosthetic-devices-market
Key highlights of the report:
• Market Performance (2014-2019)
• Market Outlook (2020- 2025)
• Market Drivers and Success Factors
• Market Trends
• The Impact of COVID-19 on the Global Market
• Value Chain Analysis
• Structure of the Global Market
• Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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