The global cardiovascular implants market was worth US$ 19.8 Billion in 2018. Cardiovascular implants are used for patients suffering from cardiovascular conditions such as heart failure, myocardial infarction, and peripheral arterial and coronary artery diseases. Depending on their intended use, there are two broad categories of cardiovascular implants. The first type of implants remain inside the patients’ body throughout their lives to support or perform heart functions. On the other hand, temporary implants are utilized during surgeries or other medical procedures for taking over or managing heart functions. The growing prevalence of heart diseases, owing to changing dietary patterns, sedentary lifestyles and rising geriatric population, has resulted in high demand for cardiovascular implants across the globe.
Global Cardiovascular Implants Market Drivers:
Rising prevalence of cardiovascular disorders represents a key factor driving the demand of cardiovascular implants. Catalyzed by unhealthy diets and sedentary lifestyles, the prevalence of various cardiovascular disorders has increased across both developed and developing countries. Improving efficacy and safety of cardiovascular implants represents another major factor spurring the market growth. For instance, recent advancements in technology have opened opportunities for developing smart stent devices which can improve the diagnosis as well treatment of previously unmanageable conditions such as atherosclerosis and central line access failure. Apart from this, various government and non-profit organizations are also taking initiatives to improve the affordability of these devices. Other factors driving this market include ageing population, development in medical infrastructure, growing awareness levels and rising popularity of minimally invasive surgeries. Looking forward, the market value is projected to exceed US$ 27.1 Billion by 2024, expanding at a CAGR of around 5% during 2019-2024.
Market Summary:
- Based on the product type, the market has been segmented into coronary stent, ICD, heart valve, implanted cardiac pacemaker, CRT device and peripheral stent.
- Based on the material, the market has been segmented into metals and alloys, polymers and biological materials.
- Based on the procedure type, the market has been segmented into angioplasty and open-heart surgery.
- Based on the indication, the market has been segmented into arrhythmias, myocardial ischemia, acute myocardial infarction, congestive heart failure and others.
- Region-wise, the market has been segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
- The competitive landscape of the market has also been examined with some of the key players being Biotronik, Abbott Laboratories, AMG International, B-Braun, Johnson & Johnson, W.L. Gore & Associates, Medtronic, Boston Scientific, Sorin, Edwards Lifesciences, Fortimedix, Neovasc Inc., On-X Life Technologies, Proxy Biomedical, Reva Medical and Shree Pacetronix Ltd.
Key Questions Answered in This Report:
- How has the global cardiovascular implants market performed so far and how will it perform in the coming years?
- What is the breakup of the global cardiovascular implants market on the basis of region?
- What is the breakup of the global cardiovascular implants market on the basis of product?
- What is the breakup of the global cardiovascular implants market on the basis of material?
- What is the breakup of the global cardiovascular implants market on the basis of procedure type?
- What is the breakup of the global cardiovascular implants market on the basis of indication?
- What are the various stages in the value chain of the global cardiovascular implants market?
- What are the key driving factors and challenges in the global cardiovascular implants market?
- What is the structure of the global cardiovascular implants market and who are the key players?
- What is the degree of competition in the global cardiovascular implants market?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Properties
4.3 Key Industry Trends
5 Global Cardiovascular Implants Market
5.1 Market Overview
5.2 Market Performance
5.3 Market Breakup by Product
5.4 Market Breakup by Material
5.5 Market Breakup by Procedure Type
5.6 Market Breakup by Indication
5.7 Market Breakup by Region
5.8 Market Forecast
6 Market Breakup by Product
6.1 Coronary Stent
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 ICD
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Heart Valve
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Implanted Cardiac Pacemaker
6.4.1 Market Trends
6.4.2 Market Forecast
6.5 CRT Device
6.5.1 Market Trends
6.5.2 Market Forecast
6.6 Peripheral Stent
6.6.1 Market Trends
6.6.2 Market Forecast
7 Market Breakup by Material
7.1 Metals and Alloys
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Polymers
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Biological Materials
7.3.1 Market Trends
7.3.2 Market Forecast
8 Market Breakup by Procedure Type
8.1 Angioplasty
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Open Heart Surgery
8.2.1 Market Trends
8.2.2 Market Forecast
9 Market Breakup by Indication
9.1 Arrhythmias
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Myocardial Ischemia
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Acute Myocardial Infarction
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Congestive Heart Failure
9.4.1 Market Trends
9.4.2 Market Forecast
9.5 Others
9.5.1 Market Trends
9.5.2 Market Forecast
10 Market Breakup by Region
10.1 North America
10.1.1 Market Trends
10.1.2 Market Forecast
10.2 Europe
10.2.1 Market Trends
10.2.2 Market Forecast
10.3 Asia Pacific
10.3.1 Market Trends
10.3.2 Market Forecast
10.4 Middle East and Africa
10.4.1 Market Trends
10.4.2 Market Forecast
10.5 Latin America
10.5.1 Market Trends
10.5.2 Market Forecast
11 Global Cardiovascular Implants Industry: SWOT Analysis
11.1 Overview
11.2 Strengths
11.3 Weaknesses
11.4 Opportunities
11.5 Threats
12 Global Cardiovascular Implants Industry: Value Chain Analysis
13 Global Cardiovascular Implants Industry: Porters Five Forces Analysis
13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Competition
13.5 Threat of New Entrants
13.6 Threat of Substitutes
14 Global Cardiovascular Implants Industry: Price Analysis
15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
15.3.1 Biotronik
15.3.2 Abbott Laboratories
15.3.3 AMG International
15.3.4 B-Braun
15.3.5 Johnson & Johnson
15.3.6 W.L. Gore & Associates
15.3.7 Medtronic
15.3.8 Boston Scientific
15.3.9 Sorin
15.3.10 Edwards Lifesciences
15.3.11 Fortimedix
15.3.12 Neovasc Inc.
15.3.13 On-X Life Technologies
15.3.14 Proxy Biomedical
15.3.15 Reva Medical
15.3.16 Shree Pacetronix Ltd
List of Figures
Figure 1: Global: Cardiovascular Implants Market: Major Drivers and Challenges
Figure 2: Global: Cardiovascular Implants Market: Sales Value (in Billion US$), 2011-2018
Figure 3: Global: Cardiovascular Implants Market: Breakup by Product (in %), 2018
Figure 4: Global: Cardiovascular Implants Market: Breakup by Material (in %), 2018
Figure 5: Global: Cardiovascular Implants Market: Breakup by Procedure Type (in %), 2018
Figure 6: Global: Cardiovascular Implants Market: Breakup by Indication (in %), 2018
Figure 7: Global: Cardiovascular Implants Market: Breakup by Region (in %), 2018
Figure 8: Global: Cardiovascular Implants Market Forecast: Sales Value (in Billion US$), 2019-2024
Figure 9: Global: Cardiovascular Implants Industry: SWOT Analysis
Figure 10: Global: Cardiovascular Implants Industry: Value Chain Analysis
Figure 11: Global: Cardiovascular Implants Industry: Porter’s Five Forces Analysis
Figure 12: Global: Cardiovascular Implants (Coronary Stent) Market: Sales Value (in Million US$), 2011 & 2018
Figure 13: Global: Cardiovascular Implants (Coronary Stent) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 14: Global: Cardiovascular Implants (ICD) Market: Sales Value (in Million US$), 2011 & 2018
Figure 15: Global: Cardiovascular Implants (ICD) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 16: Global: Cardiovascular Implants (Heart Valve) Market: Sales Value (in Million US$), 2011 & 2018
Figure 17: Global: Cardiovascular Implants (Heart Valve) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 18: Global: Cardiovascular Implants (Implanted Cardiac Pacemaker) Market: Sales Value (in Million US$), 2011 & 2018
Figure 19: Global: Cardiovascular Implants (Implanted Cardiac Pacemaker) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 20: Global: Cardiovascular Implants (CRT Device) Market: Sales Value (in Million US$), 2011 & 2018
Figure 21: Global: Cardiovascular Implants (CRT Device) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 22: Global: Cardiovascular Implants (Peripheral Stent) Market: Sales Value (in Million US$), 2011 & 2018
Figure 23: Global: Cardiovascular Implants (Peripheral Stent) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 24: Global: Cardiovascular Implants (Metals and Alloys) Market: Sales Value (in Million US$), 2011 & 2018
Figure 25: Global: Cardiovascular Implants (Metals and Alloys) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 26: Global: Cardiovascular Implants (Polymers) Market: Sales Value (in Million US$), 2011 & 2018
Figure 27: Global: Cardiovascular Implants (Polymers) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 28: Global: Cardiovascular Implants (Biological Materials) Market: Sales Value (in Million US$), 2011 & 2018
Figure 29: Global: Cardiovascular Implants (Biological Materials) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 30: Global: Cardiovascular Implants (Angioplasty) Market: Sales Value (in Million US$), 2011 & 2018
Figure 31: Global: Cardiovascular Implants (Angioplasty) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 32: Global: Cardiovascular Implants (Open Heart Surgery) Market: Sales Value (in Million US$), 2011 & 2018
Figure 33: Global: Cardiovascular Implants (Open Heart Surgery) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 34: Global: Cardiovascular Implants (Arrhythmias) Market: Sales Value (in Million US$), 2011 & 2018
Figure 35: Global: Cardiovascular Implants (Arrhythmias) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 36: Global: Cardiovascular Implants (Myocardial Ischemia) Market: Sales Value (in Million US$), 2011 & 2018
Figure 37: Global: Cardiovascular Implants (Myocardial Ischemia) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 38: Global: Cardiovascular Implants (Acute Myocardial Infarction) Market: Sales Value (in Million US$), 2011 & 2018
Figure 39: Global: Cardiovascular Implants (Acute Myocardial Infarction) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 40: Global: Cardiovascular Implants (Congestive Heart Failure) Market: Sales Value (in Million US$), 2011 & 2018
Figure 41: Global: Cardiovascular Implants (Congestive Heart Failure) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 42: Global: Cardiovascular Implants (Other Indications) Market: Sales Value (in Million US$), 2011 & 2018
Figure 43: Global: Cardiovascular Implants (Other Indication) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 44: North America: Cardiovascular Implants Market: Sales Value (in Million US$), 2011 & 2018
Figure 45: North America: Cardiovascular Implants Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 46: Europe: Cardiovascular Implants Market: Sales Value (in Million US$), 2011 & 2018
Figure 47: Europe: Cardiovascular Implants Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 48: Asia Pacific: Cardiovascular Implants Market: Sales Value (in Million US$), 2011 & 2018
Figure 49: Asia Pacific: Cardiovascular Implants Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 50: Middle East and Africa: Cardiovascular Implants Market: Sales Value (in Million US$), 2011 & 2018
Figure 51: Middle East and Africa: Cardiovascular Implants Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 52: Latin America: Cardiovascular Implants Market: Sales Value (in Million US$), 2011 & 2018
Figure 53: Latin America: Cardiovascular Implants Market Forecast: Sales Value (in Million US$), 2019-2024
List of Tables
Table 1: Global: Cardiovascular Implants Market: Key Industry Highlights, 2018 and 2024
Table 2: Global: Cardiovascular Implants Market Forecast: Breakup by Product (in Million US$), 2019-2024
Table 3: Global: Cardiovascular Implants Market Forecast: Breakup by Material (in Million US$), 2019-2024
Table 4: Global: Cardiovascular Implants Market Forecast: Breakup by Procedure Type (in Million US$), 2019-2024
Table 5: Global: Cardiovascular Implants Market Forecast: Breakup by Indication (in Million US$), 2019-2024
Table 6: Global: Cardiovascular Implants Market Forecast: Breakup by Region (in Million US$), 2019-2024
Table 7: Global: Cardiovascular Implants Market Structure
Table 8: Global: Cardiovascular Implants Market: Key Players