Implantable Cardiac Pacemaker Market Market continues to expand with Advanced Pacemaker Technologies and growing cases of Cardiovascular worldwide
Cardiac pacing devices, or cardiac pacemakers, are widely used for bradycardia (slower-than-expected heart rate). Pacemakers work only when needed. If heartbeat is too slow (bradycardia), the pacemaker sends electrical signals to the heart to correct the beat. Cardiac pacemakers are also used to treat arrhythmias, improper beating of the heart. Pacemakers send electrical pulses to help the heart beat at a normal rate and rhythm. Thus, there is an increasing demand for implantable cardiac pacemakers across the globe.
Market players are focused on launching compact, efficient, and technologically advance cardiac pacemakers, which in turn is expected to propel the global implantable cardiac pacemaker market growth. Technologically advance pacemakers help control abnormal heart rhythm. Moreover, high prevalence of cardiovascular disease is driving the market growth over the forecast period. Recent advances have increased the safety and efficacy of pacemakers during implantation surgery.
Moreover, the development of compact and advanced implantable cardiac pacemaker, increase in research and developmental activities, and strategic collaborations, mergers, and acquisitions by market players to retain leading position in market are expected to drive the global implantable cardiac pacemaker market growth. For example, in April 2018, LivaNova successfully completed the divestiture of its Cardiac Rhythm Management (CRM) business to MicroPort Scientific Corp. (MicroPort) for US$ 190 million in cash.
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By Product Type:
- Single Chamber Pacemaker
- Dual Chamber Pacemaker
- Biventricular Pacemaker
- Heart Block
- Atrial fibrillation
- Long QT Syndrome
By End User:
- Emergency Care Centers
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Pacemaker surgery is associated with bleeding, bruising, swelling, or infection of the area where the pacemaker was placed, which may reduce the adoption of cardiac pacemakers. This in turn is expected to hamper growth of the global implantable cardiac pacemaker market.
Major players active in the global implantable cardiac pacemaker market are LivaNova PLC, Lepu Medical Technology Co Ltd., MEDICO S.p.A, Shree Pacetronix Ltd, Vitatron Holding B.V., St. Jude Medical, Boston Scientific Corporation, BIOTRONIK, Qinming Medical, and Medtronic plc.
In September 2017, LivaNova and MicroPort Scientific Corp. announced that the companies’ Shanghai-based joint venture MicroPort Sorin Cardiac Rhythm Management obtained approval for its family of RegaTM pacemakers from the China Food and Drug Administration.
In November 2017, Medtronic announced that the Food and Drug Administration (FDA) approved its Azure pacemaker’s portfolio. The new portfolio enables wireless remote monitoring of the device providing timely alerts regarding clinical events.
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The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Implantable Cardiac Pacemaker product scope, market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top manufacturers of Implantable Cardiac Pacemaker , with price, sales, revenue and global market share of Implantable Cardiac Pacemaker in 2018 and 2020.
Chapter 3, the Implantable Cardiac Pacemaker market trends competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Implantable Cardiac Pacemaker breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2016 to 2020.
Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2016 to 2020.
Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2016 to 2020.
Chapter 12, Implantable Cardiac Pacemaker market forecast, by regions, type and application, with sales and revenue, from 2020 to 2025.
Chapter 13, 14 and 15, to describe Implantable Cardiac Pacemaker sales channel, distributors, customers, research findings and conclusion, appendix and data source.
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