Pacemaker is a device implanted on either (left or right) side of the chest and is connected with heart through pacing wires (also called as lead). It continuously monitors the heart rate and in case it detects slow heart rate, the device sends out electrical pulse to bring the heart rate to normal. Development of new products in pacemakers such as multi-chamber, two and three-chamber pacemakers, magnetic resonance imaging (MRI) compatible pacemakers, and leadless pacemaker has aided in greater adoption of this technology. This has led to growth of the market.


Request for Sample Copy of Research Report: https://www.coherentmarketinsights.com/insight/request-sample/1765

Market Dynamics

New product launches by market players, owing to technological advancement in cardiac pacemakers are expected to drive growth of the market. Key manufacturers are engaged in launching more compact and efficient pacemaker device, which allows better control of abnormal heart rhythm along with additional specifications such as blood temperature monitor and breathing rate. For instance, in May 2016, Biotronik launched CardioMessenger Smart, portable monitoring device in the U.S. This system is about the size of a modern smartphone used to keep pacemaker, Implantable Cardioverter Defibrillator (ICD) and Insertable Cardiac Monitor (ICM) patients connected to their physician remotely. This CardioMessenger Smart helps to ensure patient compliance and the consistent transmission of data necessary for physicians to identify and prevent potential cardiac events. Moreover, high prevalence of cardiovascular disease is the major factor driving growth of global cardiac pacemaker market over the forecast period. As per statistics published by the World Health Organization (WHO), globally, an alarmingly high number of deaths resulted from cardiovascular disease in 2012, resulting in 31.0% or equating to 17.5 million lives. Among these, around 40.0% and 38.0% deaths were caused by coronary heart disease and stroke, respectively.


Request for Customization : https://www.coherentmarketinsights.com/insight/request-customization/1765

Key features of the study:

This report provides in-depth analysis of the cardiac pacemaker market, market size (US$ Mn) and compound annual growth rate (CAGR (%) for the forecast period: 2018 – 2026, considering 2017 as the base year

It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market

This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by the leading players

It profiles leading players in the global cardiac pacemaker market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments, and strategies

Key players covered as a part of this study include Medtronic Plc, BIOTRONIK, Inc., Boston Scientific Corporation, Abbott Laboratories, Vitatron Holding B.V., Shree Pacetronix Ltd., MEDICO S.p.A., Lepu Medical Technology Co Ltd., LivaNova PLC, Qinming Medical, and Cordis Inc.

Insights from this report would allow marketers and management authorities of companies to make informed decision with respect to their future product launch, technological up-gradation, market expansion, and marketing tactics

The global cardiac pacemaker market report caters to various stakeholders in this industry, including investors, product manufacturers, distributors and suppliers for cardiac pacemaker market, research and consulting firms, new entrants, and financial analysts

Detailed Segmentation:

Global Cardiac Pacemaker Market, By Product Type:

Single Chambered

Dual Chambered

Biventricular

Implantable Cardiac Pacemaker

External Cardiac Pacemaker

Global Cardiac Pacemaker Market, By End User:

Hospitals

Ambulatory Surgical Centers

Global Cardiac Pacemaker Market, By Region:

By Country:

U.S.

Canada

By Product Type:

Implantable Cardiac Pacemaker

Single Chambered

Dual Chambered

Biventricular

External Cardiac Pacemaker

By End User:

Hospitals

Ambulatory Surgical Centers

North America Cardiac Pacemaker Market

Europe Cardiac Pacemaker Market

By Country:

U.K.

Germany

Italy

Spain

France

Russia

Rest of Europe

About Coherent Market Insights:

Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

Contact Us:

Mr. Shah
Coherent Market Insights
1001 4th Ave, #3200
Seattle, WA 98154
Tel: +1–206–701–6702
Email: [email protected]