The Cardiovascular Devices Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Cardiovascular Devices Market?
The Cardiovascular Devices Global Market Report 2025 has seen a significant increase in recent years. The market is projected to rise from $73.14 billion in 2024 to $79.78 billion in 2025, with a compound annual growth rate (CAGR) of 9.1%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Cardiovascular Devices Industry?
The Cardiovascular Devices Global Market is predicted to expand to a market size of $102 billion by 2029. This growth will occur at a compound annual growth rate (CAGR) of 6.3%.
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What are the Key Growth Drivers Fueling the Cardiovascular Devices Market?
The key drivers in the cardiovascular devices market are:
• Rising trend of personalized medicine in cardiovascular treatment
• Advancements in remote monitoring capabilities
• Growth in emerging healthcare markets
• Integration of artificial intelligence in cardiovascular devices and treatments.
Global Market Segmentation: Identifying Major Cardiovascular Devices Industry Segments
The cardiovascular devices market covered in this report is segmented –
1) By Type: Cardiovascular Surgery Devices And Equipment, Cardiac Rhythm Management (CRM) Devices And Equipment, Interventional Cardiology Devices And Equipment, Defibrillator Devices And Equipment, Peripheral Vascular Devices And Equipment, Prosthetic Heart Valve Devices And Equipment, Electrophysiology Devices And Equipment, Cardiac Assist Devices And Equipment
2) By End User: Hospitals And Clinics, Diagnostic Laboratories, Other End Users
3) By Type of Expenditure: Public, Private
4) By Product: Instruments Or Equipment, Disposables
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What are the Emerging Trends Shaping the Future of the Cardiovascular Devices Market?
The key trends in the cardiovascular devices market are:
• The market will see a rising trend towards wearable cardiovascular devices.
• The trend of minimally invasive interventions is shaping the future market.
• Bioresorbable devices are emerging as a significant trend.
• The industry is influenced by remote consultations, telesurgery, and the shift towards sustainable and eco-friendly cardiovascular devices.
Who Are the Top Competitors & Leading Players in the Cardiovascular Devices Market?
Major companies in the cardiovascular devices market are:
• Medtronic plc
• Boston Scientific Corporation
• Abbott Laboratories
• Edwards Lifesciences Corporation
• Johnson & Johnson
• Terumo Corporation
• Getinge AB
• Teleflex Incorporated
• Becton, Dickinson and Company
• Siemens Healthineers AG
• Fresenius SE & Co. KGaA
• GE HealthCare Technologie Inc.
• Stryker Corporation
• B. Braun Medical Pvt. Ltd.
• Baxter International Inc.
• Danaher Corporation
• Fujifilm Holdings Corporation
• Canon Medical Systems Corporation
• MicroPort Scientific America Inc.
• W L Gore & Associates Inc.
• AngioDynamics Inc.
• CryoLife Inc.
• Endologix LLC
• Lombard Medical Limited
• Avinger Inc.
• Abiomed Inc.
• Biosensors International Group Ltd.
• Biotronik SE and Co. KG
• CeloNovaBioSciences Inc.
• LeMaitre Vascular Inc.
• Nano Therapeutics Pvt. Ltd.
Regional Dominance: Which Area Leads the Global Cardiovascular Devices Market?
North America was the largest region in the global cardiovascular devices market in 2023
