The global cardiac pacemaker market is anticipated to grow at a faster rate due to changes in lifestyle resulting in lack of physical activity and unhealthy diet, increasing geriatric population, and growing incidence of cardiovascular diseases. According a study made in American College of Cardiology Foundation, the annual number of Sick Sinus Syndrome patient would increase from 78,000 in 2012 to 172,000 in 2060. Increasing trend of atrio-ventricular blockage is witnessed in Asia-Pacific, and is higher in patients with coronary heart diseases.
Albany, NY -- (SBWIRE) -- 02/10/2016 -- Cardiac pacemakers are battery-operated medical devices, when placed inside the chest or abdomen, helps controlling arrhythmia. It contains two parts: generator and leads. The battery contains leads and battery to control the heartbeat, while leads carry electrical signal to the heart. This report is on global cardiac pacemaker market which studies the current and future prospects of the market. The report comprises an elaborate executive summary, including a market snapshot that provides overall information of various segments and sub-segments. This section also provides the overall information and data analysis of the global cardiac pacemaker market with respect to the leading market segments based on type of product, technology, and geography.
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The market overview section of the report includes qualitative analysis of the overall cardiac pacemaker market including the factors determining the market dynamics such as drivers, restraints and opportunities, along with Porter's five forces analysis. In addition, various analyses such as market attractiveness analysis by geography and competitive landscape by key players has also been provided. The market attractiveness analysis explains the intensity of competition in the market in different geographies. The competitive scenario between different market players is evaluated through market share analysis. These factors would help the market players to take strategic decisions in order to strengthen their positions and expand their share in the global market.
The global cardiac pacemakers market has been segmented on the basis of product type, technology, and geography. Based on product type, the cardiac pacemakers market has been categorized into two major segments: implantable and external. On the basis of technology, the global cardiac pacemakers market has been majorly segmented into three types: dual-chamber, single-chamber, and bi-ventricular. Market revenue in terms of USD million for the period between 2013 and 2023 along with the compound annual growth rate (CAGR %) from 2015 to 2023 are provided for all the segments, considering 2014 as the base year.
Geographically, the cardiac pacemaker market has been categorized into four regions: North America, Europe, Asia Pacific and Rest of the World (RoW). North America comprises the U.S. and Canada. Europe comprises Germany, the U.K., and Rest of Europe. Asia-Pacific comprises China, India, and Rest of Asia-Pacific. Rest of World comprises of Latin America, Middle-East and Rest of World. The recommendations section included in the report would assist existing players to expand their market share and new companies to establish their presence in the cardiac pacemaker market. The report also profiles major players in the cardiac pacemaker market on the basis of various attributes such as company overview, financial overview, business strategies, product portfolio, and recent developments. Major players profiled in this report include Abbott Laboratories, Inc., BIOTRONIK SE & CO. KG, Boston Scientific Corporation, Cook Medical Inc., MEDICO S.p.A., Medtronic, SORIN Group., St. Jude Medical, Inc.
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The global Cardiac Pacemakers market is segmented as follows:
Global Cardiac Pacemakers Market, by Product Type
Implantable Cardiac Pacemaker
External Cardiac Pacemaker
Global Implantable Cardiac Pacemakers Market, by Technology
Dual-Pacemaker
Single-Chamber
Bi-Ventricular
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