Global cardiovascular devices market size expected to generate revenue of around USD 66.70 billion by 2024, growing at CAGR of around 6.5% between 2018 and 2024. Cardiovascular disease is one of the prominent causes of death among Western countries across the globe.
Cardiovascular Devices Market
The report covers forecasts and analysis for the cardiovascular devices market on a global and regional level. The study provides historic data for 2015, 2016, and 2017 along with a forecast from 2018 to 2024 based on revenue (USD Billion). The study includes drivers and restraints for the cardiovascular devices market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the cardiovascular devices market on a global as well as regional level.
In order to give the users of this report a comprehensive view of the cardiovascular devices market, we have included a competitive landscape and analysis of Porter’s Five Forces model for the market. The study encompasses a market attractiveness analysis, wherein the device type segment is benchmarked based on their market size, growth rate, and general attractiveness.
The report provides a company market share analysis in order to give a broader overview of the key players in the market. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new device launches, agreements, partnerships, collaborations & joint ventures, research & development, and regional expansion of major participants involved in the market on a global and regional basis.
The study provides a decisive view of the cardiovascular devices market by segmenting the market based on device type and region. All the segments have been analyzed based on present and future trends and the market is estimated from 2018 to 2024. Based on device type, the cardiovascular devices market is categorized as cardiac diagnostics & monitoring devices, electrophysiology devices, peripheral vascular devices, interventional cardiac devices, cardiac rhythm management, cardiac prosthetic devices, and others. Cardiac diagnostic and monitoring devices are estimated to cover the largest market value share due to the compact and portable designs of ECG devices along with data storage properties.
The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa with its further bifurcation into major countries including the U.S., Germany, France, UK, China, Japan, India, and Brazil. This segmentation includes demand for cardiovascular devices based on individual segments and applications in all regions and countries.
The report also includes detailed profiles of end players such as Aboimed, Inc., Abbott Vascular, Biotronik SE & Co. KG, B. Braun Melsungen AG, Cardinal Health Inc., Boston Scientific Corporation, Cook Medical, Inc., Cordis Corporation, GE Healthcare, JOHNSON & JOHNSON, and others.
This report segments the global cardiovascular devices market as follows: