IMARC Group’s latest research report, titled “Cardiovascular Devices Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2023-2028,” offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends, and competitive landscape to understand the current and future market scenarios.

Cardiovascular devices are specifically engineered to address and support the diagnosis, treatment, or aid for ailments associated with the cardiovascular system, encompassing the heart and blood vessels. These devices encompass a range of innovative solutions, including stents, pacemakers, and implantable cardioverter-defibrillators (ICDs). By reinstating normal heart function, regulating heart rhythm, and averting life-threatening incidents such as heart attacks and sudden cardiac arrest, they play a crucial role in promoting optimal heart health. These advanced tools are utilized by healthcare professionals to effectively manage various cardiovascular disorders, ensuring minimal patient discomfort and significantly improving overall quality of life.

The global cardiovascular devices market size reached US$ 55.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 82.7 Billion by 2028, exhibiting a growth rate (CAGR) of 6.4% during 2023-2028.

Important Attribute and highlights of the Report:

  • Detailed analysis of the global market share
  • Market Segmentation by device type, application and end user
  • Historical, current, and projected size of the market in terms of volume and value
  • Latest industry trends and developments
  • Competitive Landscape for Cardiovascular Devices Market
  • Strategies of major players and product offerings

The escalating prevalence of cardiovascular diseases (CVDs), encompassing heart failure, arrhythmias, congenital heart disorders, and heart muscle ailments, continues to be a significant driver for the global demand of cardiovascular devices. This increase can be attributed to sedentary lifestyles, unhealthy dietary patterns, high stress levels, diabetes, and obesity prevalent among people. Furthermore, the expanding elderly population, who are more vulnerable to these medical conditions, contributes to the market's growth. Additionally, there is a growing demand for compact cardiovascular devices that allow patient mobility while providing real-time information, which positively influences the market. Moreover, the rising awareness regarding the accessibility of cardiovascular devices among the general public further propels market growth.

Key Players Included in Global Cardiovascular Devices Market Research Report:

Abbott Laboratories, B. Braun Melsungen AG, Biotronik, Boston Scientific Corporation, Canon Medical Systems Corporation, Cardinal Health Inc., Edwards Lifesciences Corporation, General Electric Company, LivaNova PLC, Medtronic PLC, Siemens Healthineers GmbH (Siemens AG) and Terumo Cardiovascular Systems Corporation (Terumo Corporation)

Market Segmentation:

This report has categorized the market based on device type, application and end user.

Breakup by Device Type:

  • Diagnostic and Monitoring Devices
    • Electrocardiogram (ECG)
    • Remote Cardiac Monitoring
    • Others
  • Therapeutic and Surgical Devices
  • Cardiac Rhythm Management (CRM) Devices
  • Catheter
  • Stents
  • Heart Valves
  • Others

Breakup by Application:

  • Coronary Artery Disease (CAD)
  • Cardiac Arrhythmia
  • Heart Failure
  • Others

Breakup by End User:

  • Hospitals
  • Specialty Clinics
  • Others

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa

TOC for the Cardiovascular Devices Market Research Report:

  • Preface
  • Scope and Methodology
  • Executive Summary
  • Introduction
  • Global Cardiovascular Devices Market
  • SWOT Analysis
  • Value Chain Analysis
  • Price Analysis
  • Competitive Landscape

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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