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Cardiac Implants Market, By Devices, Application, End User – Global Industry Insights, Trends, Outlook, And Opportunity Analysis, 2018-2026

Cardiac implants are designed to monitor irregular heartbeats for people suffering from heart rhythm disorders. These abnormalities are caused by problems with the heart’s electrical system, which signals the heart to contract and pump blood throughout the body. Cardiac implants comprise pacemakers, implantable cardioverter defibrillators (ICDs), cardiac 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 of 2017, cardiovascular diseases accounts for around 800,000 deaths in the U.S and it remains the leading cause of death in the U.S.

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Rising prevalence of cardiovascular diseases is expected to boost growth of the cardiac implants market

Rising incidence of cardiovascular diseases is expected to boost growth of the cardiac implants market over the forecast period. According to the World Health Organization, in 2015, around 17.7 million deaths were recorded due to cardiovascular diseases, out of which around 7.4 million deaths were caused due to coronary heart disease and 6.7 million deaths due to ******. 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 System), and 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.

Major players operating in the global cardiac implants market include Medtronic, Inc. Boston Scientific Corporation, Abbott Vascular Inc., Edwards LifeScience Corporation, Thoractec Corporation, Syncardia systems, and St Jude Medical, Inc.

Market Taxonomy:

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:

  • Cardiac Resynchronization Therapy (CRT) Devices

  • Pacemaker Devices

  • Implantable Cardioverter Defibrillator (ICD) Devices

  • Implantable Hemodynamic Monitoring

  • Implanted Heart Rhythm Monitors

On the basis of application, the global cardiac implants market is segmented into:

  • Arrhythmias

  • Myocardial Ischemia

  • Acute Myocardial Infraction

  • Congestive Heart Failure

  • Others

On the basis of end user, the global cardiac implants market is segmented into:

  • Hospitals

  • Ambulatory Surgical Centers

  • Specialty Clinics

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