Cardiovascular Devices Market Share

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

Cardiovascular Devices Market Share

North America Market Forecast

The North American cardiovascular devices market, amongst the market in all the other regions, is projected to hold the largest market share by the end of 2037 on the back of the rising prevalence of cardiovascular diseases, increasing healthcare expenditure, and growing adoption of advanced devices. Moreover, there has been surging awareness among the people in the region related to the cardiovascular devices available on the market, and it is anticipated to drive market’s growth in the region. As per the U.S. Centers for Medicare & Medicaid Services, the national health expenditure rose by 9.7% and reached USD 4.1 trillion in 2020, accounting for USD 12,350 per person.

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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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