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Cardiovascular Devices Market Share

Report ID: GMI4949
Published Date: Dec 2022
Report Format: PDF

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Cardiovascular Devices Market Share

Some major enterprises operating in the cardiovascular devices market are:

Biotronik SE & Co KG
Terumo Corporation
Saphena Medical
Lepu Medical Technology(Beijing)Co Ltd
Abbott Laboratories
MicroPort Scientific Corporation
Biosense Webster
Medtronic
Japan Lifeline Co., Ltd
AngioDynamics, Inc
Boston Scientific Corporation
CardioFocus
Stereotaxis, Inc
KARL STORZ
Occlutech
CardioFocus
Getinge AB
AtriCure, Inc
Lifetech Scientific
LivaNova PLC
Medical Instruments Spa

The strong focus of leading companies on technical advancements in these devices to gain a competitive edge and achieve greater product sales is likely to boost industry expansion further. For instance, in February 2022, Boston Scientific Corporation, a medical products company, acquired Baylis Medical Business Inc., a medical technology company, to improve the company's product portfolio in atrial fibrillation ablation and left-heart treatments.

Authors: Mariam Faizullabhoy

Frequently Asked Questions (FAQ) :

Global market for cardiovascular devices was valued at more than USD 5.5 billion in 2022 and is expected to grow at over 13% CAGR through 2032 as cardiovascular illnesses are becoming more prevalent across the globe.

The left atrial appendage closure devices segment is set to record substantial growth at a 12.5% CAGR through 2032 due to the growing need for highly advanced treatment solutions.

Asia Pacific cardiovascular devices industry is estimated to generate over USD 4.7 billion by the end of 2032 owing to the growing geriatric population base, coupled with the development of healthcare facilities across the APAC region.

Terumo Corporation, Abbott Laboratories, Japan Lifeline Co., Ltd., Boston Scientific Corporation, KARL STORZ, CardioFocus, Getinge AB, Lifetech Scientific, LivaNova PLC, and Medical Instruments Spa are some of the well-established manufacturers operating in the industry.