Global Cardiovascular Devices Market Report 2021 – Opportunities And Strategies, Market Forecast And Trends
The Global Cardiovascular Devices Market Report by The Business Research Company covers cardiovascular devices market drivers and restraints, cardiovascular devices market size, major players, and the impact of COVID-19 on the cardiovascular devices market.
The cardiovascular devices market consists of sales of cardiovascular devices and related services by entities (organizations, sole traders and partnerships) that produce cardiovascular devices used in diagnosing and treating cardiovascular diseases.
The global cardiovascular devices market is expected to grow from $46.93 billion in 2020 to $51.9 billion in 2021 at a compound annual growth rate (CAGR) of 10.6%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $66.15 billion in 2025 at a CAGR of 6%.
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Some cardiovascular devices market trends include leadless pacemakers. They are being used for certain medical conditions such as slow heart rate (bradycardia), as they provide a less-invasive alternative to conventional pacemakers. A leadless pacemaker is a self-contained device which is inserted in the right ventricle of the heart without incisional access, leads, or a surgical pocket. Furthermore, the medical procedure for leadless pacemaker can be performed in under 30 minutes, with few postprocedural restrictions. These devices are gaining popularity as they eliminate complications related to lead placement which include cardiac perforation, pneumothorax, and lead dislodgement.
Global cardiovascular devices market segments include:
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, Others.
3) By Type of Expenditure: Public, Private.
4) By Product: Instruments/Equipment, Disposables.
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
Among these regions, North America is the largest region in the global cardiovascular devices market, accounting for 37% of the market.
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The Cardiovascular Devices Global Market Report 2021: COVID-19 Impact and Recovery to 2030 is one of a series of new reports from The Business Research Company that provides cardiovascular devices market overviews, analyzes and forecasts market size, share, cardiovascular devices market players, cardiovascular devices market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.
The cardiovascular devices market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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Read Cardiovascular Devices Global Market Report 2021: COVID-19 Impact and Recovery to 2030 from The Business Research Company for information on the following:
Data Segmentations: Market Size, Global, By Region And By Country, Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries
Market Players Covered: Medtronic plc, Abbott Laboratories, Boston Scientific Corporation, Cardinal Health Inc, Edwards Lifesciences
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.
Sourcing And Referencing: Data and analysis throughout the report are sourced using end notes.
Strategies For Participants In The Cardiovascular Devices Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.
Opportunities For Companies In The Cardiovascular Devices Sector: The report reveals where the global industry will put on most $ sales up to 2023.
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