Cardiovascular Implants Market : Future Demand, Market Analysis & Outlook to 2023
Our latest research report entitled Cardiovascular Implants Market (by type (coronary stents, peripheral stents, heart valves, implanted cardiac pacemakers, implantable cardioverter defibrillator and cardiac resynchronization therapy device)) provides complete and deep insights into the market dynamics and growth of Cardiovascular Implants. Latest information on market risks, industry chain structure Cardiovascular Implants cost structure and opportunities are offered in this report. The past, present and forecast market information will lead to investment feasibility by studying the essential Cardiovascular Implants growth factors.
The forecast Cardiovascular Implants Market information is based on the present market situation, growth opportunities, development factors, and opinion of the industry experts. An in-depth analysis of the company profiles, Cardiovascular Implants on global and regional level and applications is conducted. The analysis of downstream buyers, sales channel, raw materials, and industry verticals is offered in this report. According to report the global cardiovascular implants market is projected to grow at a CAGR of 6.1% over the forecast period of 2017-2023.
Cardiovascular Disease (CVD) is generally refers to conditions affecting the heart or blood vessels. It’s usually associated with a build-up of fatty deposits inside the arteries – known as atherosclerosis, narrowing or blockage of blood vessels and an increased risk of blood clots. It can also be associated with damage to arteries in organs such as the brain, heart, kidneys and eyes. CVD is one of the main causes of death and disability in the UK, but it can often largely be prevented with a healthy lifestyle. These cardiovascular diseases generally triggered by various factors such as life style, heart rhythm complications, smoking, high cholesterol, lack of exercise, diabetes, obesity, poor diet, alcohol consumption and high blood pressure. Among these factors, high blood pressure results in 13% of CVD deaths, while tobacco results in 9%, diabetes 6%, lack of exercise 6% and obesity 5%.
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CVDS includes coronary artery diseases (CAD) such as angina and myocardial infarction (heart attack). Other CVDS are peripheral arterial disease, stroke, heart failure, hypertensive heart disease, rheumatic heart disease, cardiomyopathy, heart arrhythmia, congenital heart disease, valvular heart disease, carditis, aortic aneurysms, peripheral artery disease, and venous thrombosis. there various treatment options available in the market to treat these cardiovascular diseases such as drug therapy (ace inhibitors, antiarrhythmic, aspirin therapy, beta-blocker therapy, clot buster drugs, diuretics, etc.), changing lifestyle habits, and medical surgeries (stents, coronary stents, peripheral stents, heart bypass surgery, pacemakers, implantable cardioverter defibrillators, and heart transplants). These implants are lifesaving medium to improve the patient’s disease condition and are made of various materials, which include metals, alloys, biomaterials, and polymers.
Some of the key driving factors attributing to the growth of this include increasing number of patients with cardiovascular diseases such as hypertension, heart failures and coronary artery diseases, and shortage of number of heart donors. In addition, changing lifestyle, alcohol consumption, growing obesity and smoking further are propelling the market growth, as these factors increase the bold glucose and lipid levels, which results in serious cardiovascular diseases. However, there are certain restraining factors which could hamper the growth of the market, which includes high-risk nature and high complication rates associated with considerable mortality, due to frequent use of implants in older populations with frequent co-morbidities. Geographically, North America is leading contributor to the market and is expected to retain its position during the forecast period. Nonetheless, the market for Asia-Pacific region is expected to grow at a faster rate owing to increasing prevalence of CVD diseases, growing awareness among the population, improving healthcare infrastructure, rise in healthcare spending, and favorable government policies.
Segment Covered
The report on global cardiovascular implants market covers segments such as, type. On the basis of type the global cardiovascular implants market is categorized into coronary stents, peripheral stents, heart valves, implanted cardiac pacemakers, implantable cardioverter defibrillator and cardiac resynchronization therapy (CRT) device.
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