TheBusinessResearchCompany.com adds Cardiovascular Devices Global Market Report 2019 to its research database. The report is covered under medical devices
LONDON, GREATER LONDON, UK, June 25, 2019 /EINPresswire.com/ — The cardiovascular devices market expected to reach a value of nearly $81 billion by 2022, significantly growing at a growth rate of around 6% during the forecast period. The growth in the cardiovascular devices market is due to new health reforms, growing economy and rising awareness of healthcare.
However, the market for cardiovascular devices is expected to face certain restraints from several factors such as shortage of skilled labour and weak wage growth in developing countries.
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The cardiovascular devices (or) equipment 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. This industry includes establishments that produce devices such as cardiovascular surgery devices, cardiac rhythm management (CRM) devices, interventional cardiology devices, peripheral vascular devices, electrophysiology devices and other devices used in cardiovascular surgeries, treating arrhythmia and other cardiovascular diseases.
The Global Cardiovascular Devices Market Is Further Segmented Based On Type And Geography:
By Type – The cardiovascular devices market is segmented into cardiovascular surgery devices, cardiac rhythm management (CMR) devices, interventional cardiology devices, defibrillator devices, peripheral vascular devices, prosthetic heart valve device, electrophysiology devices, cardiac assist devices among these segments, the cardiovascular surgery devices market accounts for the largest share in the global cardiovascular devices market.
By Geography – The global cardiovascular devices is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America was the largest region in the global cardiovascular devices market, accounting for around 40% of the market in 2018.
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Trends In The Cardiovascular Devices Market
Demand for minimally-invasive cardiac surgeries is increasing as they are less disruptive and traumatic for the human body, and result in less post-surgical recovery time and improved efficiency. These techniques may be suitable for certain procedures involving the heart valves and certain types of routine bypass surgeries. For instance, robot assisted heart surgeries are more evident in mitral valve surgeries and heart surgeries. These surgeries are replacing traditional methods with larger incisions. In this procedure surgeons use a computer enhanced device to guide the surgical tools, which consist of robotically-guided arms that reach and operate in difficult-to-reach areas, and a robotically controlled 3D camera for visualization.
Potential Opportunities In The Cardiovascular Devices Market
With increase in healthcare reforms, increasing awareness of cardiac diseases and increasing ageing population the global cardiovascular devices market is expected to significantly rise in the forecast period.
Major players in the global cardiovascular devices market include Medtronic plc, Abbott Laboratories, Boston Scientific Corporation, Cardinal Health Inc, Edwards Lifesciences.
Cardiovascular Devices Global Market Report 2019 is one of a series of new reports from The Business Research Company that provides cardiovascular devices market overviews, analyzes and forecasts cardiovascular devices market size and growth for the global cardiovascular devices market, cardiovascular devices market share, cardiovascular devices market players, cardiovascular devices market size, cardiovascular devices market segments and geographies, cardiovascular devices market trends, cardiovascular devices market drivers and cardiovascular devices market restraints, cardiovascular devices 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.
Where To Learn More
Read Cardiovascular Devices Global Market Report 2019 from The Business Research Company for information on the following:
Markets Covered: global cardiovascular devices market
Data Segmentations: cardiovascular devices market size, global and by country; historic and forecast size, and growth rates for the world, 7 regions and 12 countries
Cardiovascular Devices Market Organizations 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.
Time Series: Five years historic (2014-18) and forecast (2018-22).
Other Information And Analyses: PESTEL analysis, cardiovascular devices market customer information, cardiovascular devices market product/service analysis – product examples, cardiovascular devices market trends and opportunities, drivers and restraints, key mergers and acquisitions, key metrics covered: number of enterprises, number of employees, global cardiovascular devices market in 2019 – countries offering most new opportunities
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 cardiovascular devices market, based on industry trends and company analysis.
Opportunities For Companies In The Cardiovascular Devices Sector: The report reveals where the global cardiovascular devices industry will put on most $ sales up to 2022.
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