Market Overview:
The global transcatheter cardiac pacemaker market is expected to grow at a CAGR of 7.5% from 2018 to 2030. The growth in the market can be attributed to the increasing prevalence of cardiovascular diseases, technological advancements in cardiac pacemakers, and rising geriatric population. Based on type, the transcatheter cardiac pacemaker market is segmented into eft ventricle pacemaker and right ventricle pacemaker. The eft ventriclepacemaker segment is expected to grow at a higher CAGR during the forecast period owing to its advantages such as low risk of infection and easy implantation procedure. Based on application, the transcatheter cardiac pacermarket is segmented into hospitals and clinics.
Product Definition:
A transcatheter cardiac pacemaker is a device that is used to help regulate the heartbeat in people who have heart problems. The device is inserted into the body through a small incision, and it helps to keep the heart beating at a regular rhythm.
Eft Ventricle Pacemaker:
Eft ventricle pacemaker is a transcatheter device that is implanted in the heart to treat bradycardia. It works by improving electrical signals between the sinus node and the SA node, thereby increasing the rate of cardiac contractions.
Right Ventricle Pacemaker:
The right ventricle pacemaker is used in transcatheter cardiac pacemaker. It is a small battery-powered device that helps in regulating the patient’s heart rate by making a clicking sound. The device works like an metronome, which sets the pace for the heartbeat and synchronizes it with electrical activity of the brain.
Application Insights:
The hospitals segment dominated the global transcatheter cardiac pacemaker market in 2017. This is owing to factors such as availability of advanced healthcare facilities and experienced cardiologists, favorable reimbursement scenario and increasing awareness among patients regarding heart diseases. Moreover, a rise in the prevalence of atrial fibrillation is expected to boost product demand over the forecast period. According to data published by CDC, around 1 in every 5 U.S citizens aged 65 years or above suffered from some form of cardiovascular disease in 2015. Thus, growing geriatric population base and rising incidence rate are anticipated to fuel product demand over the forecast period1 ¢â‚¬â€œ 2030 globally2.
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to favorable reimbursement policies, increasing prevalence of cardiac disorders, and rising awareness about transcatheter heart valves replacement procedures. Moreover, a high number of FDA approved devices is also expected to drive growth during the forecast period.
Asia Pacific is anticipated to witness lucrative growth over the forecast period owing to factors such as improving healthcare infrastructure and growing target population within this region. Furthermore, government initiatives for raising awareness about advanced treatment options are expected favorably impact market dynamics during the forecast period.
The North American segment accounted for a major share in terms of revenue generation owing to favorable reimbursement policies followed by U.S.
Growth Factors:
- Increasing geriatric population: The global geriatric population is expected to grow at a CAGR of 5.0% from 2016 to 2020, owing to the increase in life expectancy and the growth in the number of people aged 65 years and above. This will result in an increase in demand for transcatheter cardiac pacemakers, as they are mainly used for treating elderly patients with heart conditions.
- Technological advancements: The development of new technologies such as leadless cardiac pacemakers is expected to drive market growth during the forecast period. These devices do not require leads or surgical implantation, which makes them less invasive and easier to use than traditional transcatheter cardiac pacemakers.
- Rising incidence of cardiovascular diseases: The incidence of cardiovascular diseases is increasing globally due to changing lifestyles and rising levels of pollution. This will lead to an increase in demand for transcatheter cardiac pacemakers, as they are used for treating various heart conditions such as arrhythmia, tachycardia, and congestive heart failure (CHF).
Scope Of The Report
Report Attributes
Report Details
Report Title
Transcatheter Cardiac Pacemaker Market Research Report
By Type
Eft Ventricle Pacemaker, Right Ventricle Pacemaker
By Application
Hospitals, Clinics
By Companies
Medtronic, Abbott, EBR Systems
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
197
Number of Tables & Figures
138
Customization Available
Yes, the report can be customized as per your need.
Global Transcatheter Cardiac Pacemaker Market Report Segments:
The global Transcatheter Cardiac Pacemaker market is segmented on the basis of:
Types
Eft Ventricle Pacemaker, Right Ventricle Pacemaker
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospitals, Clinics
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Medtronic
- Abbott
- EBR Systems
Highlights of The Transcatheter Cardiac Pacemaker Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Eft Ventricle Pacemaker
- Right Ventricle Pacemaker
- By Application:
- Hospitals
- Clinics
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Transcatheter Cardiac Pacemaker Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A transcatheter cardiac pacemaker is a device that is placed inside the heart through a catheter. It helps to maintain the rhythm of the heart by providing electrical stimulation.
Some of the major companies in the transcatheter cardiac pacemaker market are Medtronic, Abbott, EBR Systems.
The transcatheter cardiac pacemaker market is expected to register a CAGR of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Transcatheter Cardiac Pacemaker Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Transcatheter Cardiac Pacemaker Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Transcatheter Cardiac Pacemaker Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Transcatheter Cardiac Pacemaker Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Transcatheter Cardiac Pacemaker Market Size & Forecast, 2018-2028
4.5.1 Transcatheter Cardiac Pacemaker Market Size and Y-o-Y Growth
4.5.2 Transcatheter Cardiac Pacemaker Market Absolute $ Opportunity
Chapter 5 Global Transcatheter Cardiac Pacemaker Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Transcatheter Cardiac Pacemaker Market Size Forecast by Type
5.2.1 Eft Ventricle Pacemaker
5.2.2 Right Ventricle Pacemaker
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Transcatheter Cardiac Pacemaker Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Transcatheter Cardiac Pacemaker Market Size Forecast by Applications
6.2.1 Hospitals
6.2.2 Clinics
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Transcatheter Cardiac Pacemaker Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Transcatheter Cardiac Pacemaker Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Transcatheter Cardiac Pacemaker Analysis and Forecast
9.1 Introduction
9.2 North America Transcatheter Cardiac Pacemaker Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Transcatheter Cardiac Pacemaker Market Size Forecast by Type
9.6.1 Eft Ventricle Pacemaker
9.6.2 Right Ventricle Pacemaker
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Transcatheter Cardiac Pacemaker Market Size Forecast by Applications
9.10.1 Hospitals
9.10.2 Clinics
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Transcatheter Cardiac Pacemaker Analysis and Forecast
10.1 Introduction
10.2 Europe Transcatheter Cardiac Pacemaker Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Transcatheter Cardiac Pacemaker Market Size Forecast by Type
10.6.1 Eft Ventricle Pacemaker
10.6.2 Right Ventricle Pacemaker
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Transcatheter Cardiac Pacemaker Market Size Forecast by Applications
10.10.1 Hospitals
10.10.2 Clinics
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Transcatheter Cardiac Pacemaker Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Transcatheter Cardiac Pacemaker Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Transcatheter Cardiac Pacemaker Market Size Forecast by Type
11.6.1 Eft Ventricle Pacemaker
11.6.2 Right Ventricle Pacemaker
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Transcatheter Cardiac Pacemaker Market Size Forecast by Applications
11.10.1 Hospitals
11.10.2 Clinics
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Transcatheter Cardiac Pacemaker Analysis and Forecast
12.1 Introduction
12.2 Latin America Transcatheter Cardiac Pacemaker Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Transcatheter Cardiac Pacemaker Market Size Forecast by Type
12.6.1 Eft Ventricle Pacemaker
12.6.2 Right Ventricle Pacemaker
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Transcatheter Cardiac Pacemaker Market Size Forecast by Applications
12.10.1 Hospitals
12.10.2 Clinics
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Transcatheter Cardiac Pacemaker Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Transcatheter Cardiac Pacemaker Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Transcatheter Cardiac Pacemaker Market Size Forecast by Type
13.6.1 Eft Ventricle Pacemaker
13.6.2 Right Ventricle Pacemaker
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Transcatheter Cardiac Pacemaker Market Size Forecast by Applications
13.10.1 Hospitals
13.10.2 Clinics
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Transcatheter Cardiac Pacemaker Market: Competitive Dashboard
14.2 Global Transcatheter Cardiac Pacemaker Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Medtronic
14.3.2 Abbott
14.3.3 EBR Systems
