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Cardiac Implant Market

Cardiac Implants Market Size, Share & Segmentation By Type(Pacemakers’ device, Cardiac Resynchronization Therapy Devices, Implantable hemodynamic Monitoring devices, Implanted heart rhythm monitors, Coronary stents, Implantable cardioverter Defibrillator, Heart Valve ), By Indications (Arrhythmias, Myocardial ischemia, Acute myocardial infarction, Heart failure), By Procedure (Angioplasty Open heart surgery), By Material (Metals and alloys Polymers Biological Materials), By End User (Hospitals, Specialty, Clinics, Others ), by region and Global Forecast 2023-2030

Report Id: SNS/HC/2667 | January 2023 | Region: Global | 126 Pages

Market Scope & Overview

Cardiac Implant Market size was valued at USD 24 Bn in 2022 and is expected to reach USD 38.25 Bn in 2030, and grow at a CAGR of 6% over the forecast period of 2023-2030.

According to our expert studies, there is a growing prevalence of heart diseases all around the globe, and also the rise in the aging population is the major driving factor for the cardiac implant market.

Cardiac Implant Market Bar Graph

Cardiac implants are done for patients who are suffering from cardiovascular disease which includes heart failure and detached heartbeat fluctuations. We can say that cardiac implants are implanted in the heart to gain more information about the heart and its functioning. The changing lifestyle of people all around the globe and the daily habits which leads to cardiovascular issues are the obvious reason which is increasing the demand for cardiac implants. In the treatment of diseases like arrhythmias, myocardial infarction acute myocardial ischemia cardiac implant monitors are been used.

Market Dynamics

Drivers

  • Increase in cardiac diseases all around the globe

  • The demand for Cardiac implants 

  • A rise in the aging population 

Restrains 

  • The overall price of cardiac implants 

  • Stringent approval process 

Opportunity

  • Technological upliftment in the cardiac implant field 

Challenges 

  • Side effects due to cardiac Implants

Impact of Covid 19

Covid 19 outbreak was a shock for every industry so did the health industry. Covid 19 impacted almost every aspect of medical devices, During the initial stage of covid 19 the number of patients for cardiac implants was reduced there were many reasons the obvious one was the quarantine system, no easy access to the hospitals, fear of coronavirus the other important factor. These reasons made it very hard for the patients to show up to the hospital for their treatment. But later on, due to the rise in heart patients due to the prone of covid 19 the demand for the cardiac implant again raised. Many technological advancements were planned for the cardiac implant procedure but due to covid, it got postponed. 

Impacts of Russia Ukraine war

The Russia-Ukraine war has led to economic sanctions on multiple countries and has disrupted the global economic recovery from the covid19 pandemic at least in the short term. Another factor that caused problems was the supply chain disruption which affected the markets all around the globe.

Impact of the current ongoing recession 

Technological advancement, and providing good service to the patients purchasing various ongoing hospital trends are the factors that get affected by economic conditions. Due to the economic conditions, there is said to be there will be minimal effect in the cardiovascular devices sector.

According to the reports given by US hospitals, there have been changes in the number of patients for regular check-ups compared to emergency cases because due to the economic crisis, people are neglecting minor health problems due to medical expenses which are leading to severe problems which they have to face.

Market Segmentation

By Device Type

  • Pacemaker’s device

  • Cardiac Resynchronization Therapy Devices

  • Implantable hemodynamic Monitoring devices

  • Implanted heart rhythm monitors

  • Coronary stents

  • Implantable cardioverter Defibrillator

  • Heart Valve

  • Others

By Indication

  • Arrhythmias

  • Myocardial ischemia

  • Acute myocardial infarction

  • Heart failure

By Procedure

  • Angioplasty

  • Open heart surgery

By Material

  • Metals and alloys

  • Polymers

  • Biological Materials

 By End Users

  • Hospitals

  • Specialty Clinics

  • Others

Cardiac Implant Market Segment Chart

Regional analysis

There were many obstacles faced by the cardiac implant plant due to the covid and Russia-Ukraine war. According to the data North America is likely to hold the largest market share for its growing aging population, increase in cardiac diseases, and adoption of electronic devices

Whereas in Europe there were many changes lately which include healthcare funds secured by the government which gave them a chance for technological betterment in the cardiac implant field also many insurance companies took initiatives for heart patients all around Europe. In Europe, Italy shared a market share of 9%.

According to our reports, there is an increase in the hill population due to lifestyle changes and this is the reason why APAC is said to be the fastest-growing market for Cardiac Implants.

 

REGIONAL COVERAGE:

  • North America

    • USA

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Spain

    • The Netherlands

    • Rest of Europe

  • Asia-Pacific

    • Japan

    • south Korea

    • China

    • India
    • Australia
    • Rest of Asia-Pacific
  • The Middle East & Africa
    • Israel
    • UAE
    • South Africa
    • Rest of Middle East & Africa
  • Latin America
    • Brazil
    • Argentina
    • Rest of Latin America

 

Key Players

BIOTRONIC SE& CO.kg, Abbott Laboratories, AMG International Braun Melsungen Ag, Johnson & Johnson Services, Inc, W L Gore & Associates, Inc Medtronic Private Limited, Boston Scientific Corporation, Sorin Corporation


Frequently Asked Questions (FAQ) :

The market size value for the year 2030 year is USD 38.25Bn

Hospitals, Speciality Clinics, and Others

Increase in cardiac disease all around the globe.

This market is divided into mainly five segments


Table of Contents

1. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions

2. Research Methodology

3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

4. Impact Analysis

4.1 COVID-19 Impact Analysis

4.2 Impact of the Ukraine- Russia war

4.3 Impact of ongoing Recession

4.3.1 Introduction

4.3.2 Impact on major economies

4.3.2.1 US

4.3.2.2 Canada

4.3.2.3 Germany

4.3.2.4 France

4.3.2.5 United Kingdom

4.3.2.6 China

4.3.2.7 Japan

4.3.2.8 South Korea

4.3.2.9 Rest of the World

 

5. Value Chain Analysis

6. Porter’s 5 forces model

7. PEST Analysis

 

8. Cardiac Implant Market Segmentation, by device type

8.1 Pacemakers Device

8.2 Cardiac Resynchronization Therapy Devices

8.3 Implantable hemodynamic Monitoring devices

8.4 Implanted heart rhythm monitors

8.5 Coronary stents

8.6 Implantable Cardioverter Defibrillator

9. Cardiac Implant Market Segmentation, by Indications

9.1 Arrhythmias

9.2 Myocardial Ischemia

9.3 Acute Myocardial infraction

10. Cardiac Implant Market Segmentation, by Procedure

10.1 Angioplasty

10.2 Open Heart Surgery

11 Cardiac Implant Market Segmentation, by Material

11.1Metalls and Alloys

11.2 Polymers

11.3 Biological Materials

12 Cardiac implant Market Segmentation, by End User

12.1 Hospitals

12.2 Speciality Clinics

12.3 Others

13. Regional Analysis

11.1 Introduction

11.2 North America

11.2.1 USA

11.2.1.1 USA Cardiac Implant Market by Device type

11.2.1.2 USA Cardiac Implant Market by Indications

11.2.1.3 USA Cardiac Implant Market by Procedure

11.2.1.4 USA Cardiac Implant Market by Material

11.2.1.5 USA Cardiac Implant Market by End User

11.2.2 Canada

11.2.2.1 Canada Cardiac Implant Market by Device type

11.2.2.2 Canada Cardiac Implant Market by Indications

11.2.2.3 Canada Cardiac Implant Market by Procedure

11.2.2.4 Canada Cardiac Implant Market by Material

11.2.2.5 Canada Cardiac Implant Market by End User

11.2.3 Mexico

11.2.3.1 Mexico Cardiac Implant Market by Device type

11.2.3.2 Mexico Cardiac Implant Market by Indications

11.2.3.3 Mexico Cardiac Implant Market by Procedure

11.2.3.4 Mexico Cardiac Implant Market by Material

11.2.3.5 Mexico Cardiac Implant Market by End User

 

11.3 Europe

11.3.1 Germany

11.3.1.1 Germany Cardiac Implant Market by Device type

11.3.1.2 Germany Cardiac Implant Market by Indications

11.3.1.2 Germany Cardiac Implant Market by Procedure

11.3.1.4 Germany Cardiac Implant Market by Material

11.3.1.5 Germany Cardiac Implant Market by End User

 

11.3.2 UK

11.3.2.1 UK Cardiac Implant Market by Device type

11.3.2.2 UK Cardiac Implant Market by Indications

11.3.2.3 UK Cardiac Implant Market by Procedure

11.3.2.4 UK Cardiac Implant Market by Material

11.3.2.5 UK Cardiac Implant Market by End User

 

11.3.3 France

11.3.3.1 France Cardiac Implant Market by Device type

11.3.3.2 France Cardiac Implant Market by Indications

11.3.3.3 France Cardiac Implant Market by Procedure

11.3.3.4 France Cardiac Implant Market by Material

11.3.3.5 France Cardiac Implant Market by End User

 

11.3.4 Italy

11.3.4.1 Italy Cardiac Implant Market by Device type

11.3.4.2 Italy Cardiac Implant Market by Indications

11.3.4.3 Italy Cardiac Implant Market by Procedure

11.3.4.4 Italy Cardiac Implant Market by Material

11.3.4.5 Italy Cardiac Implant Market by End User

 

11.3.5 Spain

11.3.5.1 Spain Cardiac Implant Market by Device type

11.3.5.2 Spain Cardiac Implant Market by Indications

11.3.5.3 Spain Cardiac Implant Market by Procedure

11.3.5.4 Spain Cardiac Implant Market by Material

11.3.5.5 Spain Cardiac Implant Market by End User

 

 

11.3.6 The Netherlands

11.3.6.1 Netherlands Cardiac Implant Market by Device type

11.3.6.2 Netherlands Cardiac Implant Market by Indications

11.3.6.3 Netherlands Cardiac Implant Market by Procedure

11.3.6.4 Netherlands Cardiac Implant Market by Material

11.3.6.5 Netherlands Cardiac Implant Market by End User

 

11.3.7 Rest of Europe

11.3.7.1 Rest of Europe Cardiac Implant Market by Device type

11.3.7.2 Rest of Europe Cardiac Implant Market by Indications

11.3.7.3 Rest of Europe Cardiac Implant Market by Procedure

11.3.7.4 Rest of Europe Cardiac Implant Market by Material

11.3.7.5 Rest of Europe Cardiac Implant Market by End User

 

11.4 Asia-Pacific

11.4.1 Japan

11.4.1.1 Japan Cardiac Implant Market by Device type

11.4.1.2 Japan Cardiac Implant Market by Indications

11.4.1.3 Japan Cardiac Implant Market by Procedure

11.4.1.4 Japan Cardiac Implant Market by Material

11.4.1.5 Japan Cardiac Implant Market by End User

 

11.4.2 South Korea

11.4.2.1 South Korea Cardiac Implant Market by Device type

11.4.2.2 South Korea Cardiac Implant Market by Indications

11.4.2.3 South Korea Cardiac Implant Market by Procedure

11.4.2.4 South Korea Cardiac Implant Market by Material

11.4.2.5 South Korea Cardiac Implant Market by End User

 

11.4.3 China

11.4.3.1 China Cardiac Implant Market by Device type

11.4.3.2 China Cardiac Implant Market by Indications

11.4.3.3 China Cardiac Implant Market by Procedure

11.4.3.4 China Cardiac Implant Market by Material

11.4.3.5 China Cardiac Implant Market by End User

 

11.4.4 India

11.4.4.1 India Cardiac Implant Market by Device type

11.4.4.2 India Cardiac Implant Market by Indications

11.4.4.3 India Cardiac Implant Market by Procedure

11.4.4.4 India Cardiac Implant Market by Material

11.4.4.5 India Cardiac Implant Market by End User

 

11.4.5 Australia

11.4.5.1 Australia Cardiac Implant Market by Device type

11.4.5.2 Australia Cardiac Implant Market by Indications

11.4.5.3 Australia Cardiac Implant Market by Procedure

11.4.5.4 Australia Cardiac Implant Market by Material

11.4.5.5 Australia Cardiac Implant Market by End User

 

11.4.6 Rest of Asia-Pacific

11.4.6.1 APAC Cardiac Implant Market by Device type

11.4.6.2 APAC Cardiac Implant Market by Indications

11.4.6.3 APAC Cardiac Implant Market by Procedure

11.4.6.4 APAC Cardiac Implant Market by Material

11.4.6.5 APAC Cardiac Implant Market by End User

 

11.5 The Middle East & Africa

11.5.1 Israel

11.5.1.1 Israel Cardiac Implant Market by Device type

11.5.1.2 Israel Cardiac Implant Market by Indications

11.5.1.3 Israel Cardiac Implant Market by Procedure

11.5.1.4Israel Cardiac Implant Market by Material

11.5.1.5Israel Cardiac Implant Market by End User

 

11.5.2 UAE

11.5.2.1 UAE Cardiac Implant Market by Device type

11.5.2.2 UAE Cardiac Implant Market by Indications

11.5.2.3 UAE Cardiac Implant Market by Procedure

11.5.2.4 UAE Cardiac Implant Market by Material

11.5.2.5 UAE Cardiac Implant Market by End User

 

11.5.3 South Africa

11.5.3.1 South Africa Cardiac Implant Market by Device type

11.5.3.2 South Africa Cardiac Implant Market by Indications

11.5.3.3 South Africa Cardiac Implant Market by Procedure

11.5.3.4 South Africa Cardiac Implant Market by Material

11.5.3.5 South Africa Cardiac Implant Market by End User

 

11.5.4 Rest of Middle East & Africa

11.5.4.1 Rest of Middle East & Asia Cardiac Implant Market by Device type

11.5.4.2 Rest of Middle East & Asia Cardiac Implant Market by Indications

11.5.4.3 Rest of Middle East & Asia Cardiac Implant Market by Procedure

11.5.4.4 Rest of Middle East & Asia Cardiac Implant Market by Material

11.5.4.5 Rest of Middle East & Asia Cardiac Implant Market by End User

 

11.6 Latin America

11.6.1 Brazil

11.6.1.1 Brazil Cardiac Implant Market by Device type

11.6.1.2 Brazil Cardiac Implant Market by Indications

11.6.1.3 Brazil Cardiac Implant Market by Procedure

11.6.1.4 Brazil Cardiac Implant Market by Material

11.6.1.5 Brazil Cardiac Implant Market by End User

 

11.6.2 Argentina

11.6.2.1 Argentina Cardiac Implant Market by Device type

11.6.2.2 Argentina Cardiac Implant Market by Indications

11.6.2.3 Argentina Cardiac Implant Market by Procedure

11.6.2.4 Argentina Cardiac Implant Market by Material

11.6.2.5 Argentina Cardiac Implant Market by End User

 

11.6.3 Rest of Latin America

11.6.3.1 Rest of Latin America Cardiac Implant Market by Device type

11.6.3.2 Rest of Latin America Cardiac Implant Market by Indications

11.6.3.3 Rest of Latin America Cardiac Implant Market by Procedure

11.6.3.4 Rest of Latin America Cardiac Implant Market by Material

11.6.3.5 Rest of Latin America Cardiac Implant Market by End User

 

14 Company Profile

14.1 BIOTRONIC SE& CO.kg,

14.1.1 Market Overview

14.1.2 Financials

14.1.3 Product/Services/Offerings

14.1.4 SWOT Analysis

14.1.5 The SNS View

 

14.2 Abbott Laboratories,

14.2.1 Market Overview

14.2.2 Financials

14.2.3 Product/Services/Offerings

14.2.4 SWOT Analysis

14.2.5 The SNS View

 

14.3 AMG International Braun Melungeon Ag,

14.3.1 Market Overview

14.3.2 Financials

14.3.3 Product/Services/Offerings

14.3.4 SWOT Analysis

14.3.5 The SNS View

 

14.4 Johnson & Johnson Services, Inc,

14.4.1 Market Overview

14.4.2 Financials

14.4.3 Product/Services/Offerings

14.4.4 SWOT Analysis

14.4.5 The SNS View

 

14.5 W L Gore & Associates,

14.5.1 Market Overview

14.5.2 Financials

14.5.3 Product/Services/Offerings

14.5.4 SWOT Analysis

14.5.5 The SNS View

 

14.6 Inc Medtronic Private limited,

14.6.1 Market Overview

14.6.2 Financials

14.6.3 Product/Services/Offerings

14.6.4 SWOT Analysis

14.6.5 The SNS View

 

14.7 Boston Scientific Corporation,

14.7.1 Market Overview

14.7.2 Financials

14.7.3 Product/Services/Offerings

14.7.4 SWOT Analysis

14.7.5 The SNS View

 

14.8 Sorin Corporation

14.8.1 Market Overview

14.8.2 Financials

14.8.3 Product/Services/Offerings

14.8.4 SWOT Analysis

14.8.5 The SNS View

 

14.9 Edward Life science Corporation,

14.9.1 Market Overview

14.9.2 Financials

14.9.3 Product/Services/Offerings

14.9.4 SWOT Analysis

14.9.5 The SNS View

 

14.10 Cryolife Inc.

14.10.1 Market Overview

14.10.2 Financials

14.10.3 Product/Services/Offerings

14.10.4 SWOT Analysis

14.10.5 The SNS View

 

15. Competitive Landscape

15.1 Competitive Benchmarking

15.2 Market Share Analysis

15.3 Recent Developments

16. Conclusion

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