The Global Cardiac Pacemakers Market is accounted for $8.01 billion in 2016 and expected to grow at a CAGR of 9.3% to reach $14.99 billion by 2023

Friday, November 3, 2017 Heart Disease News
Email Print This Page Comment bookmark
Font : A-A+

NEW YORK, Nov. 2, 2017 /PRNewswire/ -- According to Stratistics MRC, the Global Cardiac Pacemakers Market is accounted for

$8.01 billion in 2016 and expected to grow at a CAGR of 9.3% to reach $14.99 billion by 2023. The factors such as incidence of cardiovascular diseases, implementation of minimally invasive procedures,
government-aided awareness programs and multiple technologies such as advanced material and software for cardiac pacemaker are propelling the market growth. However, high cost of treatment and increase in product recalls will restrain the market growth. In addition, trends such as focus on R&D and clinical trials, use of dual-chamber pacemakers increased, focus on development of leadless pacemaker devices and implantable cardioverter defibrillator will be observed by the market.Read the full report: on product segment, Implantable cardiac pacemaker has shown technological advancement as such Leadless pacemakers have other potential advantages over traditional systems. The lack of an extended antenna and limited content of ferromagnetic components makes leadless pacemakers much more readily MR-conditional. The development of miniaturised leadless pacemakers implanted directly into the heart represents a new area for therapy. Also, The biological pacemakers include cardiac cells or cardiac-like cells derived from embryonic stem cells or mesenchymal stem cells are being studied. Recently, wireless endocardial pacing added layer of complexity to the perioperative management of cardiovascular implantable electronic devices (CIED) which has been proposed and still under studies.Based on technology, the Dual-chamber technology has been adopted as the technology of choice in many Hospitals. This technology represents an advance over single-chamber ventricular demand pacemakers. The radical change in the use for dual chamber technology likely reflects improvements in lead and pacemaker design, which lead to results of clinical trials that highlight the benefits of atrial-based pacing. Dual-chamber pacing is in common usage. Currently, the programming of rate-adaptive AV delay (RAAVD) has been recommended for the optimization of the AVD in atrioventricular block pacing. Improvements in technology, often associated with dual-chamber pacing, come at a higher cost.North America is a major contributor to the market throughout the forecast period due to the rise in the incidences of hypertension, high cholesterol, and diabetes has resulted in the increase of cardiovascular diseases in the region. Asia Pacific is expected to be the fastest-growing region in the market during the forecast period. Several economic government initiatives are anticipated to create a free and open economy. Also, recently introduced economic reforms in China, promoting a well balanced and open economy, has had a significant impact in shaping the global economy.Some of the key players in global Cardiac Pacemakers market are Abbott Laboratories, Inc., BIOTRONIK SE & Co. KG, Boston Scientific Corporation, Cook Medical, Cordis, Inc., Lepu Medical Technology Co ltd, LivaNova Plc, Medico, S.p.A, Medtronic, Osypka Medical GmbH, Pacetronix ltd, SORIN Group, St. Jude Medical, Inc., USCOME LTD, Vitatron and Zoll Medical Corporation.Products Covered:• External cardiac pacemaker• Implantable cardiac pacemakerTechnologies Covered:• Biventricular• Single chambered• Dual chamberedEnd Users Covered:• Clinics and Hospitals• Ambulatory Surgical Centers• Cardiac Care CentersRegions Covered:North Americao USo Canadao MexicoEuropeo Germanyo UKo Italyo Franceo Spaino Rest of EuropeAsia Pacifico Japano Chinao Indiao Australiao New Zealando South Koreao Rest of Asia PacificSouth Americao Argentinao Brazilo Chileo Rest of South AmericaMiddle East & Africao Saudi Arabiao UAEo Qataro South Africao Rest of Middle East & AfricaWhat our report offers:- Market share assessments for the regional and country level segments- Market share analysis of the top industry players- Strategic recommendations for the new entrants- Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)- Strategic recommendations in key business segments based on the market estimations- Competitive landscaping mapping the key common trends- Company profiling with detailed strategies, financials, and recent developments- Supply chain trends mapping the latest technological advancementsRead the full report: About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place. __________________________ Contact Clare: US: (339)-368-6001 Intl: +1 339-368-6001

View original content:

SOURCE Reportlinker


Post your Comments

Comments should be on the topic and should not be abusive. The editorial team reserves the right to review and moderate the comments posted on the site.
* Your comment can be maximum of 2500 characters
I agree to the terms and conditions

News A - Z


News Search

Medindia Newsletters

Subscribe to our Free Newsletters!

Terms & Conditions and Privacy Policy.

Find a Doctor

Press Release Category

Press Release Archive

Stay Connected

  • Available on the Android Market
  • Available on the App Store