Product Code: RP-ID-10078316 |
Published Date: 21 Oct 2022 |
Region: NA |
Category: Healthcare & Pharmaceuticals |
Report ID: 10078316
Market Overview:
Global Cardiac Pacemaker Industry by Product (Implantable Cardiac Pacemaker, External Cardiac Pacemaker), by Technology (Biventricular, Single Chambered, Dual Chambered) – Global Size Analysis and Market Forecast 2019-2025
Global Cardiac Pacemaker Industry was valued at USD 6.2 Billion in the year 2017. Global Cardiac Pacemaker Industry is further estimated to grow at a CAGR of 7.4 % from 2019 to reach USD 10.89 Billion by the year 2025. North America region holds the highest Industry share in 2017 and Europe is considered as the fastest growing Industry in the forecasted period. At a country level, developed Industrys the U.S. holds a substantial Industry share in 2017 and it is projected to grow at a gradual pace in the coming years.
Major market players in Cardiac Pacemaker Industry are St. Jude Medical Inc., Zoll Medical Corp, Medtronic, Boston Scientific Corp, Medico S.p.A., Vitatron, Pacetronix, Cordis Inc., SORIN S.p.A., Edwards Life science, and brief information of 10 companies will be provided in the report. Rising research and development expenses to address the changing demand of end users, similarly, growth strategies such as acquisition, merger, and expansion of the distribution network were few techniques adopted by most of the top players in the last 5 years.
SWOT Analysis of Cardiac Pacemaker Industry:
Strength:
Growing number of cardiac diseases patients
Rising geriatric populations
Weakness:
The high cost of devices
A gap between demand and supply for devices
Opportunities:
Investments Opportunities in emerging economies
Threats:
The global Cardiac Pacemaker Industry is segmented on the basis of technology, by product and by region. On the basis of technology, the Industry is segmented as Biventricular, Single Chambered and Dual Chambered of which Biventricular segment is expected to hold the highest Industry share during the forecast period.
Cardiac Pacemaker Industry Segmentation:
By Product
• Implantable Cardiac Pacemaker
• External Cardiac Pacemaker
By Technology
• Biventricular
• Single Chambered
• Dual Chambered
By Region
• North America
o USA
o Canada
• Europe
o Germany
o U.K.
o France
o Italy
o Rest of Europe
• APAC
o China
o India
o Japan
o Rest of Asia-Pacific
• RoW
o Latin America
o Middle East & Africa
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