Maryland Heights, MO, January 22, 2017 --(PR.com
)-- The global the cardiac pacemakers market was valued at USD 5.B Billion in 2015 and is estimated to reach USD 8.6 Billion by 2020, at a CAGR of 6.7% from 2016 to 2020, due to higher incidence of cardiovascular diseases worldwide. There are about 3 million people worldwide with pacemakers, and each year 600 000 pacemakers are implanted. With rare exception, implantation of a pacemaker does not change the recipient’s activities or lifestyle. Although most people who receive pacemakers are aged 60 years or older, people of any age, even children, may need pacemakers. The global cardiac pacemaker market is growing at a significant pace due to rise in the number of cases of bradycardia, increase in geriatric population, and technological advancements. Although, North America dominates the market, large potential patient base in Asia Pacific region is likely to create an opportunity for cardiac pacemaker manufacturers to record high growth in revenue and market share during the forecast period.
Browse Cardiac Pacemakers Market by Device Type (External Cardiac Pacemakers, Implantable Cardiac Pacemakers), and Technologies (Bi-Ventricular Cardiac Pacemakers, Single Chamber Cardiac Pacemakers and Dual Pacemaker Cardiac Pacemakers) 2016-2020 at https://www.ihealthcareanalyst.com/report/cardiac-pacemakers-market/.
A pacemaker is a small electrical device used to treat some abnormal heart rhythms. The pacemaker may also be used to treat fainting spells (syncope), congestive heart failure, and hypertrophic cardiomyopathy. Pacemakers are either external or implanted just under the skin of the chest during a minor surgical procedure. Pacemakers are used to treat arrhythmias. Arrhythmias are problems with the rate or rhythm of the heartbeat. During an arrhythmia, the heart can beat too fast, too slow, or with an irregular rhythm.
The global cardiac pacemakers market report estimates the market size (Revenue USD million - 2013 to 2020) for key market segments based on Device Type (External Cardiac Pacemakers, Implantable Cardiac Pacemakers), and Technologies (Bi-Ventricular Cardiac Pacemakers, Single Chamber Cardiac Pacemakers and Dual Pacemaker Cardiac Pacemakers), and forecasts growth trends (CAGR% - 2016 to 2020). The global cardiac pacemakers market research report is also segmented by geography (regional and country-based) into North America (U.S., Canada), Latin America (Brazil, Mexico, Rest of LA), Europe (U.K., Germany, France, Italy, Spain, Rest of EU), Asia Pacific (Japan, China, India, Rest of APAC), and Rest of the World. The global cardiac pacemakers market report also provides the detailed market landscape (market drivers, restraints, opportunities), market attractiveness analysis and profiles of major competitors in the global market including company overview, financial snapshot, key products, technologies and services offered, and recent developments.
Major players operating in the global cardiac pacemakers market and included in this report are Medtronic, Boston Scientific Corporation, St. Jude Medical, BIOTRONIK SE & Co. KG, SORIN Group, Cook Medical, and Medico S.p.A.
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