GMI Cardiac Prosthetic Devices Market

Cardiac Prosthetic Devices Market – Global Industry Analysis Report, Share, Growth, Price Trends and Forecast, 2017 – 2024: Global Market Insights Inc. The Global Cardiac Prosthetic Devices Market is Increasing prevalence of cardiovascular disease is one of the foremost factor driving market size over the forecast period. As per the Centers for Disease Control and Prevention (CDC), about 610,000 people are stated to die annually in the U.S. due to cardiovascular diseases. CDC also reported, that each year about 735,000 Americans suffered from a heart attack. Of them, 210,000 cases occur in people who have already suffered a heart attack and 525,000 have a first heart attack. Disorders like cardiac valve failure and stroke lead to high mortality rates, that will positively impact the market, thereby, boost demand for valve replacement devices and pacemakers. Stroke is reported to be one of the most commonly occurring major cardiovascular disorder amongst the geriatric population that causes acute prosthetic heart failure. Factors such as need of repetitive surgeries and high cost of implantation can restraint the business growth. Geriatric population play pivotal role in the growing demand for cardiac prosthetic devices. They are more likely to develop degenerative cardiac diseases, which is expected to positively impact the cardiac prosthetic devices market size. Risk of cardiovascular diseases is estimated to rise with increasing baby boomers population. Disorders like cardiac valve failure and stroke lead to high mortality rates, that will positively impact the market, thereby, boost demand for valve replacement devices and pacemakers. Stroke is reported to be one of the most commonly occurring major cardiovascular disorder amongst the geriatric population that causes acute prosthetic heart failure. Factors such as need of repetitive surgeries and high cost of implantation can restraint the business growth. Geriatric population play pivotal role in the growing demand for cardiac prosthetic devices. They are more likely to develop degenerative cardiac diseases, which is expected to positively impact the cardiac prosthetic devices market size. Risk of cardiovascular diseases is estimated to rise with increasing baby boomers population. 1 | Page