Growth of Cardiac Pacemaker Market Anticipated to Expand
With Rising Number of Cardiovascular Diseases
According to a recently published report by Research Nester on “Cardiac
Pacemaker Market: Global Demand Analysis & Opportunity
Outlook 2027” delivers detailed overview of the cardiac pacemakers
market in terms of market segmentation by product, by technology, by region
and by end user.
Further, for the in-depth analysis, the report encompasses the industry
growth drivers, restraints, supply and demand risk, market attractiveness,
BPS analysis and Porter’s five force model.
The cardiac pacemakers market covers the segments on basis of product,
technology, region and end user. Primarily, pacemakers can be classified
product wise into two types as External and Implantable, secondly on the
basis of technology into three types as Single Chamber, Dual Chamber and
Biventricular, thirdly on the basis of region, they can be classified into five
(5) main regions being North America, Europe, Asia Pacific, Latin America
and Middle East and Africa and finally on the basis of end user segment that
covers hospitals, cardiac centre and clinics and ambulatory surgical centres.
The market is expected to record a CAGR hovering around 7% during the
forecast period i.e. 2019-2027.
Some of the factors that are the driving forces behind the sudden spurt of
growth in this market can be attributed to growing ageing population and
increasing prevalence of cardiovascular diseases owing to adoption of
sedentary lifestyles and unhealthy food habits.