Global Cardiac Prosthetic Devices Market Research Report 2022
Prosthetic devices are used to replace or support the function of an original organ. Cardiac prosthetic devices such as implantable cardiac pacemakers and heart valves are used to maintain/restore proper functionality of heart in people with chronic cardiovascular disorders such as heart attack and valvular diseases. Heart valves are used in patients with heart valvular disease or dysfunctional heart valves. Implantable cardiac pacemakers are used to treat most commonly atrial fibrillation, a common heart condition where the heart beats too fast or too slow or in an irregular way. It is commonly seen in older adult population.
Due to the COVID-19 pandemic, the global Cardiac Prosthetic Devices market size is estimated to be worth US$ 8546.7 million in 2021 and is forecast to a readjusted size of US$ 13910 million by 2028 with a CAGR of 7.1% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, the Europe Cardiac Prosthetic Devices market is estimated at US$ million in 2022, while the United States and China are forecast to reach US$ million and US$ million by 2028, respectively. The proportion of the United States is % in 2022, while Chinese percentage is %, and it is predicted that China market share will reach % in 2028, trailing a CAGR of % through the analysis period. As for the Europe Cardiac Prosthetic Devices landscape, Germany is projected to reach US$ million by 2028. and in Asia, the notable markets are Japan and South Korea, CAGR is % and % respectively for the next 6-year period.
Cardiac prosthetic devices is an ever-growing market due to increasing prevalence of cardiac disorders. For instance, around 5 million American population is diagnosed with heart valve disorders every year. Moreover increasing adoption rate for these devices along with increasing geriatric population and the unhealthy living style of the current generation will propel the growth of market. Whereas high cost of these devices restrains the growth of market.
This report focuses on Cardiac Prosthetic Devices volume and value at the global level, regional level, and company level. From a global perspective, this report represents overall Cardiac Prosthetic Devices market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan, etc.
Global Cardiac Prosthetic Devices Market: Segment Analysis
The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Heart Valves
Implantable Cardiac Pacemakers
Segment by Application
ASC
Cardiac Centers
Hospitals
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
By Company
Boston Scientific
Edward Lifesciences
LivaNova
Medtronic
Abbott
Due to the COVID-19 pandemic, the global Cardiac Prosthetic Devices market size is estimated to be worth US$ 8546.7 million in 2021 and is forecast to a readjusted size of US$ 13910 million by 2028 with a CAGR of 7.1% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, the Europe Cardiac Prosthetic Devices market is estimated at US$ million in 2022, while the United States and China are forecast to reach US$ million and US$ million by 2028, respectively. The proportion of the United States is % in 2022, while Chinese percentage is %, and it is predicted that China market share will reach % in 2028, trailing a CAGR of % through the analysis period. As for the Europe Cardiac Prosthetic Devices landscape, Germany is projected to reach US$ million by 2028. and in Asia, the notable markets are Japan and South Korea, CAGR is % and % respectively for the next 6-year period.
Cardiac prosthetic devices is an ever-growing market due to increasing prevalence of cardiac disorders. For instance, around 5 million American population is diagnosed with heart valve disorders every year. Moreover increasing adoption rate for these devices along with increasing geriatric population and the unhealthy living style of the current generation will propel the growth of market. Whereas high cost of these devices restrains the growth of market.
This report focuses on Cardiac Prosthetic Devices volume and value at the global level, regional level, and company level. From a global perspective, this report represents overall Cardiac Prosthetic Devices market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan, etc.
Global Cardiac Prosthetic Devices Market: Segment Analysis
The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Heart Valves
Implantable Cardiac Pacemakers
Segment by Application
ASC
Cardiac Centers
Hospitals
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
By Company
Boston Scientific
Edward Lifesciences
LivaNova
Medtronic
Abbott
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