Cardiovascular Devices Market Analysis

  • Report ID: 3272
  • Published Date: Oct 10, 2024
  • Report Format: PDF, PPT

Cardiovascular Devices Market Analysis

The global cardiovascular devices market is also segmented and analyzed for demand and supply by application into coronary artery diseases, cardiac arrhythmia, and heart failure. Out of these segments, the coronary artery diseases segment is expected to garner the highest revenue and hold the largest market share by 2037. It is a prevalent cardiovascular issue. In CAD, the coronary arteries, the main blood channels feeding the heart, have difficulty supplying the heart muscle with adequate blood, oxygen, and nutrients, owing to inflammation and cholesterol deposits (plaques) in the major heart arteries. For instance, according to research, it is also a common cause of death in the US, and is estimated to cause over 600,000 deaths yearly, is responsible for 18 million deaths per year worldwide, and is the third biggest cause of mortality.

The global cardiovascular devices market is segmented and analyzed for demand and supply by end-user, including hospitals, specialty clinics, and others. Out of these, the hospital’s segment is anticipated to hold the largest market size by the end of 2037 on the back of developed and advanced healthcare infrastructure, improved access to healthcare facilities, growing adoption of innovative healthcare devices, and the rising practice of sedentary lifestyle. Moreover, there has been an increase in the number of hospitals across the globe adopting advanced cardiovascular devices, which is expected to boost the segment’s growth in the region.

Our in-depth analysis of the global cardiovascular devices market includes the following segments:

            By Device Type

  • Diagnostic and Monitoring Devices
  • Electrocardiogram
  • Remote Cardiac Monitoring
  • Others
  • Therapeutic and Surgical Devices
  • Ventricular Assist Devices (VAD)
  • Cardiac Rhythm Management Devices
  • Catheters

             By Application

  • Coronary Artery Diseases
  • Cardiac Arrhythmia
  • Heart Failure

             By End User

  • Hospitals
  • Specialty Clinics
  • Others
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Browse Key Market Insights with Data Illustration:


Author Credits:  Radhika Pawar


  • Report ID: 3272
  • Published Date: Oct 10, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of cardiovascular devices is evaluated at USD 66.37 billion.

The cardiovascular devices market size was over USD 62.95 billion in 2024 and is set to exceed USD 147.68 billion by the end of 2037, growing at over 6.9% CAGR during the forecast period i.e., between 2025-2037. Increasing tobacco consumption and the rising obese population will boost the market growth.

North America is projected to dominate majority industry share by 2037, on the back of rising prevalence of cardiovascular diseases, increasing healthcare expenditure, and growing adoption of advanced devices.

The major players in the market include B Braun Melsungen AG, Abbott, Johnson & Johnson Services, Inc., Terumo Corporation, Edwards Lifesciences Corporation, Medtronic plc, Boston Scientific Corporation, LivaNova PLC, GE Group, Siemens Healthcare GmbH.
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