Pacemakers Market Size, Share and Forecast 2019-2026
: In January 2019, MicroPort Scientific Corporation agreed to invest about 390 million US$ in France over the next five years towards developing pacemakers and defibrillators in the country.
(EMAILWIRE.COM, September 04, 2019 ) Market Overview:
Pacemakers are medical devices used to deliver electrical pulses to the heart, in order to maintain a normal heart rate. These devices are used for the treat heart medical complications/conditions such as arrhythmias and heart failure.
The Pacemakers market size was worth $ XX billion in 2018 and is forecasted to reach $ XX billion by 2026, at a CAGR of XX% during the forecast period.
Market Dynamics:
The Pacemakers market growth is driven by several factors such as, rising prevalence of heart diseases, favorable reimbursement scenario, growing geriatric population, and technological advancements in the devices.
The Pacemaker market is also growing due to rising advancements in pacemaker technologies over the past few years. One of the biggest trends in the pacemaker technology is battery free pacemaker. Pacemakers rely on bulky batteries, which have to be swapped out at regular intervals due to their short lifespans. To overcome the challenge, in April 2019, researchers from China and the U.S. developed an alternative battery-free pacemaker which gathers its required electricity from the energy of heartbeats.
Market Segmentation:
On the basis of technology, the Pacemaker market is segmented into:
• Single chamber pacemaker
• Dual-chamber pacemaker
• Biventricular/CRT pacemaker
Single-chamber pacemaker has one lead that connects the pulse generator to one chamber of the heart. Dual-chamber pacemaker is a device with two leads which regulates the pace of contractions of both chambers. The dual-chamber pacemakers held significant market share in 2018, owing to some factors such as reduced post-surgical complications and presence of two leads in order to assure normal physiology of the heart.
On the basis of application, the Pacemakers market is segmented into:
• Atrial Fibrillation
• Bradycardia
• Arrhythmia
• Tachycardia
Among these, Atrial fibrillation holds a significant market share over the forecast period (2019-2026). Atrial fibrillation, often called AFib or AF, is the most common type of heart arrhythmia.
Geographical Analysis:
North America is dominating the Pacemakers market in 2018 and estimated to hold largest market size over the forecast period (2019-2026), owing to the rising prevalence of cardiovascular disease, high obesity rates, and a favorable reimbursement environment.
By geography, the Tissue Paper market is segmented into:
• North America
• Asia-Pacific (APAC)
• Europe
• South America
• Middle East and Africa (MEA)
Competitive Landscape:
Some of the major players in the Pacemakers market are:
• Abbott Inc. (ST. Jude Medical)
• Medtronic PLC
• Boston Scientific Corporation
• Biotronik
• Others
View full sample report: https://www.datamintelligence.com/research-report/pacemakers-market
Download free sample: https://www.datamintelligence.com/download-sample/pacemakers-market
About Us:
DataM Intelligence was incorporated in the early weeks of 2017 as a Market Research and Consulting firm with just two people on board. Within a span of less than a year we have secured more than 100 unique customers from established organizations all over the world.
For more information:
Sai Kiran
Sales Manager at DataM Intelligence
Email: info@datamintelligence.com
Tel: +1 877 441 4866
Website: www.datamintelligence.com
Pacemakers are medical devices used to deliver electrical pulses to the heart, in order to maintain a normal heart rate. These devices are used for the treat heart medical complications/conditions such as arrhythmias and heart failure.
The Pacemakers market size was worth $ XX billion in 2018 and is forecasted to reach $ XX billion by 2026, at a CAGR of XX% during the forecast period.
Market Dynamics:
The Pacemakers market growth is driven by several factors such as, rising prevalence of heart diseases, favorable reimbursement scenario, growing geriatric population, and technological advancements in the devices.
The Pacemaker market is also growing due to rising advancements in pacemaker technologies over the past few years. One of the biggest trends in the pacemaker technology is battery free pacemaker. Pacemakers rely on bulky batteries, which have to be swapped out at regular intervals due to their short lifespans. To overcome the challenge, in April 2019, researchers from China and the U.S. developed an alternative battery-free pacemaker which gathers its required electricity from the energy of heartbeats.
Market Segmentation:
On the basis of technology, the Pacemaker market is segmented into:
• Single chamber pacemaker
• Dual-chamber pacemaker
• Biventricular/CRT pacemaker
Single-chamber pacemaker has one lead that connects the pulse generator to one chamber of the heart. Dual-chamber pacemaker is a device with two leads which regulates the pace of contractions of both chambers. The dual-chamber pacemakers held significant market share in 2018, owing to some factors such as reduced post-surgical complications and presence of two leads in order to assure normal physiology of the heart.
On the basis of application, the Pacemakers market is segmented into:
• Atrial Fibrillation
• Bradycardia
• Arrhythmia
• Tachycardia
Among these, Atrial fibrillation holds a significant market share over the forecast period (2019-2026). Atrial fibrillation, often called AFib or AF, is the most common type of heart arrhythmia.
Geographical Analysis:
North America is dominating the Pacemakers market in 2018 and estimated to hold largest market size over the forecast period (2019-2026), owing to the rising prevalence of cardiovascular disease, high obesity rates, and a favorable reimbursement environment.
By geography, the Tissue Paper market is segmented into:
• North America
• Asia-Pacific (APAC)
• Europe
• South America
• Middle East and Africa (MEA)
Competitive Landscape:
Some of the major players in the Pacemakers market are:
• Abbott Inc. (ST. Jude Medical)
• Medtronic PLC
• Boston Scientific Corporation
• Biotronik
• Others
View full sample report: https://www.datamintelligence.com/research-report/pacemakers-market
Download free sample: https://www.datamintelligence.com/download-sample/pacemakers-market
About Us:
DataM Intelligence was incorporated in the early weeks of 2017 as a Market Research and Consulting firm with just two people on board. Within a span of less than a year we have secured more than 100 unique customers from established organizations all over the world.
For more information:
Sai Kiran
Sales Manager at DataM Intelligence
Email: info@datamintelligence.com
Tel: +1 877 441 4866
Website: www.datamintelligence.com
Contact Information:
DataM Intelligence
Sai Kiran
Tel: +1 877 441 4866
Email us
----
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DataM Intelligence
Sai Kiran
Tel: +1 877 441 4866
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results