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Cardiac implants comprise pacemakers, implantable cardioverter defibrillators ICDscardiac resynchronization therapy, implantable hemodynamic monitoring, and implanted heart rhythm monitors, among others, are also known as loop recorders.
These implants are used in the treatment of myocardial ischemia, arrhythmias, and acute myocardial infraction. Due to growing aging population and demographic changes across the world, prevalence of heart disease is expected to increase, which in turn, is expected to increase the demand for cardiac implants in the near future.
According to the American College of Cardiology, as ofcardiovascular diseases accounts for arounddeaths in the U. S and it remains the leading cause of death in the U. According to the World Health Organization, inaround The other factors that are contributing to growth of the market include sedentary lifestyle leading to adoption of unhealthy eating habits, rampant advancements in technologies such as Cardialen, Parachute Implant, Watchman, HVAD Pump HeartWare Ventricular Assist Systemand HeartMate 3 are leading to new therapies for heart failure as well as growing geriatric population.
However, high cost of the devices making it unaffordable for the middle and low income population is hindering growth of the global cardiac implants market are. The global cardiac implants market is segmented on the basis of devices, application, end users, and geography.
On the basis of devices, the global cardiac implants market is segmented into: On the basis of application, the global cardiac implants market is segmented into: On the basis of end user, the global cardiac implants market is segmented into: North America is expected to hold a dominant position in the market, owing to the rising demand for pacemakers.
According to the Centers for Disease Control and Prevention,every year aroundpeople have a heart attack, out of whichare reported as new cases, andare recurring cases. Every 40 seconds one heart attack case is reported in the U.
Furthermore, Asia Pacific is expected to be the key region in the global cardiac implants market. This is mainly due to rampant advancements in technology such as MRI compatible pacemakers, increasing demand for minimally invasive surgeries, and rising prevalence of cardiovascular diseases.
Increasing development of innovative products is expected to propel growth of the cardiac implants market Major players operating in the global cardiac implants market include Medtronic, Inc.
Key players are focusing on strategic mergers and acquisitions and development of innovative products. The device is delivered into the heart directly through a catheter inserted in the femoral vein.
Micra TPS does not require the use of wires to connect to the heart, this in turn reduces recovery time and complications as compared to conventional pacemaker implants. 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.The heart implants market is expected to grow exponentially during the forecast period, primarily due to the changing lifestyle, fatal accidents, physical inactivity and prognosis of patients with heart failure leading to end-stage cardiac disorder are some of the key drivers of this market.
The latest medical technology news from around the world. Cardiac Implants Market, report categorizes the report by Devices, Application, End User and Geography. It provides information about - Global Industry Insights, Trends, Outlook, And Opportunity Analysis, Brand: Coherent Market Insights.
Oct 21, · The medical device company I chose to look at is Johnson & Johnson. Johnson & Johnson is a major global healthcare company that has many different divisions, which include consumer products, medical devices, and pharmaceutical products.
McLaren Applied Technologies, a member of the McLaren Group best known for automotive production, has used a range of 3D technologies to develop a medical breastplate. Know about OMICS. OMICS International (and its subsidiaries), is an Open Access publisher and international conference Organizer, which owns and operates peer-reviewed Clinical, Medical, Life Sciences, and Engineering & Technology journals and hosts scholarly conferences per year in the fields of clinical, medical, pharmaceutical, life sciences, business, engineering, and technology.