Bradycardia Treatment Devices Global Market Report 2024 - By Demand, Share, Size, Trends, Forecast To 2033
Global bradycardia treatment devices market size is expected to reach $10.67 billion by 2028 at a rate of 5.7%, segmented as by devices, pacemakers, defibrillator
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The Bradycardia Treatment Devices Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Bradycardia Treatment Devices Global Market Report 2024, The bradycardia treatment devices market size is expected to see strong growth in the next few years. It will grow to $10.67 billion in 2028 at a compound annual growth rate (CAGR) of 5.7%. The growth in the forecast period can be attributed to increasing healthcare infrastructure, governments, and private sectors investing more in healthcare infrastructure, continued efforts to raise awareness and implement preventive measures for cardiovascular health, economic growth, increasing disposable income, and streamlined regulatory processes and approvals for new devices. Major trends in the forecast period include growth in telemedicine and remote monitoring technologies, advances in personalized medicine, advancement in leadless pacemakers, integration of AI and machine learning, use of advanced biocompatible materials, and integration of telehealth services.
The rising prevalence of cardiovascular disease is expected to propel the growth of the bradycardia treatment devices market going forward. Cardiovascular disease refers to conditions affecting the heart and blood vessels, including coronary artery disease, stroke, and heart failure. The increasing prevalence of cardiovascular disease can be attributed to factors such as sedentary lifestyles, poor diets, smoking, and aging populations. Bradycardia treatment devices, such as pacemakers, are used to regulate heart rhythm and maintain an adequate heart rate in patients with cardiac disorders. For instance, in June 2023, according to the Immigration and Checkpoints Authority, a Singapore-based government agency, the number of deaths caused by heart and hypertensive diseases reached 6,884, an increase of 10.35% in 2022 compared to 6,238 deaths recorded in 2021. Therefore, the rising prevalence of cardiovascular disease will drive the growth of the bradycardia treatment devices market.
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The bradycardia treatment devices market covered in this report is segmented –
1) By Devices: Pacemakers, Defibrillator
2) By Treatment Type: Sinus Bradycardia, Sinus Pause, Sick Sinus Syndrome, Tachy-Brady Syndrome, Heart Block
3) By End User: Hospitals, Specialty Clinics, Other End Users
Major companies operating in bradycardia treatment devices are focused on developing advanced solutions, such as leadless pacemakers, to improve patient outcomes and reduce procedural complications. Leadless pacemakers refer to the small, self-contained devices implanted directly into the heart without the use of leads, offering a minimally invasive option for controlling heart rhythm. For instance, in July 2023, Abbott Laboratories, a US-based medical device manufacturing company, received US Food and Drug Administration (FDA) approval for the AVEIR dual chamber (DR) leadless pacemaker system. It is a dual-chamber leadless pacing system that treats people with abnormal or slow heart rhythms. It offers synchronized or coordinated cardiac pacing between two leadless pacemakers, tailored to meet the individual's clinical requirements
The bradycardia treatment devices market report table of contents includes:
1. Executive Summary
2. Bradycardia Treatment Devices Market Characteristics
3. Bradycardia Treatment Devices Market Trends And Strategies
4. Bradycardia Treatment Devices Market - Macro Economic Scenario
5. Global Bradycardia Treatment Devices Market Size and Growth
............................................
32. Global Bradycardia Treatment Devices Market Competitive Benchmarking
33. Global Bradycardia Treatment Devices Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Bradycardia Treatment Devices Market
35. Bradycardia Treatment Devices Market Future Outlook and Potential Analysis
36. Appendix
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