The
cardiovascular devices industry includes arrhythmia detectors, noninvasive
blood pressure measurement systems, diagnostic intravascular catheters,
external cardiac compressors, coronary vascular physiologic simulation software
devices, external programmable pacemaker pulse generators, cardiac monitors,
cardiopulmonary bypass defoamers, echocardiographs, vascular graft prostheses,
electrocardiographs, defibrillators and others.
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The market is
valued at nearly $56 billion in 2017.
The cardiovascular
devices market in The Business Research Company’s report is segmented into
eight segments. The first two segments namely, cardiovascular surgery devices
and cardiac rhythm management (CRM) devices account for more than half of the
market share, the remaining share is attributed to the other six segments,
namely, interventional cardiology devices, defibrillator devices, peripheral
vascular devices, prosthetic heart valve devices, electrophysiology devices,
defibrillator devices, and cardiac assist devices segments.
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The USA was the
largest country in the cardiovascular devices market in 2017, accounting for
more than one-fifth of the market share. The USA was followed by China and
Japan as the next largest countries in the market.
Medtronic plc
was the largest competitor in the cardiovascular devices market, followed by
Abbott Laboratories and Boston Scientific Corporation. Medtronic was founded in
1949 and is headquartered in Dublin, Ireland. It is a medical technology,
services and solutions company and serves hospitals, physicians, clinicians and
patients in approximately 160 countries worldwide.
About The Business Research Company.
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