Cardiac Bio-Implant Devices Market Fueled by Rising Incidence of Lifestyle-Associated Disorders :PMR
Cardiac Bio-Implant Devices Market: Global Industry Analysis and Forecast to 2020
New York (PRUnderground) October 13th, 2015
Persistence Market Research has announced the release of a new report, titled “Cardiac Bio-Implant Devices Market: Global Industry Analysis and Forecast to 2020”. This research report is a concise yet all-inclusive overview of the global cardiac bio-implant devices market from 2010 to 2020. It outlines the various factors driving and restricting its growth over the forecast period.
Cardiac diseases such as coronary artery disease, congenital heart defects, and arrhythmias can be detected, controlled, and treated with the help of various cardiac bio-implant devices such as left ventricular assisted device (LVAD), cardiovascular stent, defibrillators, pacemakers, vascular grafts, and pacemakers.
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A thriving global healthcare industry, massive opportunities in emerging economies, rise in healthcare expenditure, growing demand for minimally invasive surgery, product innovation, and increasing healthcare awareness among patients are some of the major factors boosting the global cardiac bio-implant devices market. However, lifestyle limitations and risks associated with cardiac implant surgeries, such as infections, are anticipated to challenge the growth of the market.
North America is the leading market for cardiac bio-implant devices, driven mainly by increasing incidence of lifestyle-associated disorders and rise in geriatric population. Asia, on the other hand, is likely to emerge as the fastest developing regional segment of the global cardiac bio-implant devices market by 2020 owing to rise in healthcare expenditure, increase in government funding, larger patient pool, advancement in medical infrastructure, and a developing healthcare sector. India and China are anticipated to be the most lucrative markets for cardiac bio-implant devices in the region.
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The research report identifies and analyzes the leading companies operating at a global and domestic scale and discusses their individual strengths and weaknesses. The top most players functioning in the cardiac bio-implant devices market include Sorin Group, Boston Scientific Corporation, Edwards Lifesciences Corporation, Abbott Laboratories, Inc., Medtronic, Inc., St. Jude Medical, Inc., and Johnson & Johnson.
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