According to the report, “Cardiovascular Devices Market, by Diagnostic & Monitoring (ECG, Event Monitors, Holter Monitors, Implantable Loop Recorders, Diagnostic Catheters, Echocardiogram, PET Scan, MRI, Cardiac CT, Myocardial Perfusion Scans, Doppler Fetal Monitor), Surgical (Pacemakers, Stents, Catheters & Accessories, Guidewires, Cannula, Electrosurgical Procedures, Valves, Occlusion Devices), and Geography (North America, Europe, Asia-Pacific, and Rest of the World) - Global Opportunity Analysis and Industry Forecast, 2014 - 2022”, the market for cardiovascular devices is expected to witness healthy growth during the forecast period.
The cardiovascular devices market report focuses on the growth trends and revenue forecasts for the major players. It also offers in-depth understanding of the market segmentation, shares, and the major drivers & restraints for the market.
According to the report, the cardiovascular devices market is expected to maintain an impressive growth rate during the forecast period. The report attributes this growth of the market to the rising prevalence of the cardiovascular diseases around the world.
The rise in obesity and geriatric population are also some of the major driving factors for the market. Apart from that, the changing trends in the healthcare industry, especially in the home healthcare industry is expected to influence the growth and demand patterns in this market on the global scale.
The major restraining factors mentioned in the cardiovascular devices market report include high costs, long product life, and the stringent regulatory norms.
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The cardiovascular devices market report segments the global market by diagnostics and monitoring, surgical, and geographic regions. The report divides the diagnostics and monitoring segment into event monitors, implantable loop recorders, ECGs, Holter monitors, Doppler fetal monitors, MRI, PET scans, diagnostic catheters, myocardial perfusion scans, and CT scans.
The surgical segments include guidewires, pacemakers, cannula, catheters & accessories, valves, electrosurgical procedures, and occlusion devices. The geographic regions include Asia-Pacific, North America, Europe, and Rest of the World.
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The key players included in the cardiovascular devices market
Becton, Dickinson and Company
Boston Scientific Corporation
B. Braun Melsungen AG
St. Jude Medical
According to the report, the emerging markets are expected to provide attractive business opportunities to the key market players.
The regions like Asia-Pacific, Latin America, and Middle East & Africa are expected to present impressive growth opportunities during the forecast period, due to a strong rise in demand.
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