Global Cardiac Pacemakers Market to Rise at a Significant CAGR by 2027 Due to COVID-19 Outbreak

The cardiac pacemakers market is predicted to grow in terms of revenue in the forecast period. Increasing cardiovascular diseases is predicted to be the major driving factor for the market in the estimated period. Dual chamber pacemaker is predicted to hold the highest market share. Europe region is predicted to create more investment opportunity for the investors to invest in the projected timeframe.


New York, USA, July 29, 2020 (GLOBE NEWSWIRE) -- According to a study conducted by Research Dive, the Global Cardiac Pacemakers Market is expected to register a revenue of $3.78 billion by 2027. The global market is classified on the basis of product and end-use industry. The report offers the complete information about drivers, opportunities, restraints, segmental analysis and major players of the global market.

Factors Affecting the Market Growth

As per our analyst, increasing cardiovascular diseases among the population and rise in the geriatric population is predicted to be the major driving factor for the global cardiac pacemakers market in the forecast period. On the other hand, high treatment cost along with low awareness about the cardiovascular diseases is predicted to hamper the global cardiac pacemakers market in the forecast period.

Research Report Cover:

  • Technological Impact
  • Social Impact
  • Investment Opportunity Analysis
  • Pre- & Post-COVID Market Scenario
  • Infrastructure Analysis
  • Supply Side & Demand Side Impact

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Dual Chamber Pacemaker is Predicted to Grow Enormously

On the basis of product, the cardiac pacemakers market is further classified into single chamber pacemaker, dual chamber pacemaker and CRT pacemaker. Dual chamber pacemaker is predicted to grow enormously in the forecast period. Cost effective way of treating cardiovascular disease which ensure normal working of heart is predicted to drive the segment in the forecast period.

Clinic and Hospitals Segment is Predicted to Have the Maximum Growth Rate

On the basis of end user, the cardiac pacemakers market is further classified into clinic and hospitals, ASC’s and others. Clinic and hospitals segment is predicted to have the maximum growth rate in the forecast period. Increased availability of equipment to treat cardiovascular treatment and surgeries which improve the quality of care is predicted to boost the segment in the forecast period.

COVID-19 Impact on Cardiac Peacemakers Market - Get Analysis

Regional Breakdown of the Market

On the basis of region, the cardiac pacemakers market is further classified into North America, Asia-Pacific, Europe and LAMEA. Europe region market is predicted to have the highest market share in the forecast period. Increased awareness among the population about the cardiovascular diseases and increased developed healthcare infrastructure is predicted to boost the region market in the forecast.

Top Companies Leading the Market

  1. BIOTRONIK SE & Co. KG
  2. Boston Scientific Corporation Medtronic
  3. Abbott
  4. LivaNova PLC
  5. Osypka Medical GmbH
  6. Shree Pacetronix Ltd
  7. MEDICO S.p.A.
  8. OSCOR Inc 

Shree Pacetronix Ltd

 

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