Below are some of the key findings from the cardiac implants market research report:
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Global cardiac implants industry overview
The prevalence of CVDs is increasing at a significant rate, owing to several factors such as the presence of a large geriatric population across the world. Further, the associated risk factors of CVDs such as blood pressure, smoking, obesity, and alcohol consumption are also on the rise. These factors will significantly drive the demand for cardiac implants, which will boost market growth during the forecast period.
The increasing focus on R&D is a key cardiac implant market trend that will positively impact the market growth during the forecast period. Several vendors in the market are focusing on the development of innovative cardiac implants such as a dual-chamber leadless pacemaker, an implantable pacing system, and wireless endocardial pacing systems for CRT. Such developments and continued R&D efforts will drive the growth of the cardiac implants market during the forecast period.
Top cardiac implants companies covered in this market research report
The cardiac implants market is highly concentrated. By offering a complete analysis of the market’s competitive landscape and with information on the products offered by the companies, this cardiac implants industry analysis report will aid clients to identify and design new growth strategies.
The report offers a complete analysis of various companies including:
- Abbott
- BIOTRONIK
- Boston Scientific
- Medtronic
Cardiac implants market segmentation based on geographic regions
- Americas
- APAC
- EMEA
With a complete study of the growth opportunities for the companies, the Americas will account for the highest cardiac implants market share throughout the forecast period, closely followed by EMEA. Although the APAC region held the smallest share of the market, it is expected to register the highest incremental growth during the forecast period.
Cardiac implants market segmentation based on product
- Cardiac rhythm management devices
- Cardiac assist devices
- Cardiac monitoring devices
The cardiac rhythm management (CRM) devices segment will account for the largest share of the cardiac implants market. Additionally, the report also provides an accurate prediction of the contribution of all the various products segments to the growth of the cardiac implants market size.
Key highlights of the global cardiac implants market for the forecast years 2018-2022:
- CAGR of the market during the forecast period 2018-2022
- Detailed information on factors that will accelerate the growth of the cardiac implants market during the next five years
- Precise estimation of the global cardiac implants market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the cardiac implants industry across the Americas, APAC, and EMEA
- A thorough analysis of the market’s competitive landscape and detailed information on several vendors
- Comprehensive details on the factors that will challenge the growth of cardiac implants companies
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