PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1739646
PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1739646
Cardiac Implantable Electronic Device Market is estimated to be valued at USD 32.65 Bn in 2025 and is expected to reach USD 55.24 Bn by 2032, growing at a compound annual growth rate (CAGR) of 7.8% from 2025 to 2032.
Report Coverage | Report Details | ||
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Base Year: | 2024 | Market Size in 2025: | USD 32.65 Bn |
Historical Data for: | 2020 To 2024 | Forecast Period: | 2025 To 2032 |
Forecast Period 2025 to 2032 CAGR: | 7.80% | 2032 Value Projection: | USD 55.24 Bn |
Cardiac implants are devices that are implanted in the heart tissue, in order to control irregular heart function. Cardiac implants such as pacemakers, defibrillator implants, and cardiac rhythm monitoring implants are available in the market to treat cardiac dysfunction such as heart rhythm disorders, arrhythmias, and other heart related disorders. These cardiac implants are majorly prescribed to patients with heart failure. Cardiac implants have been developed with innovative technical features in the recent years, and this has improved quality of life of patients with heart failure. A pacemaker insertion is the implantation of a small electronic device that is usually placed in the chest (just below the collarbone) to regulate slow electrical problems related to heart. A pacemaker can be recommended to ensure that the heartbeat does not slow to a dangerously low rate. There are three kind of pacemakers: single chamber- one lead attaches to the upper or lower heart chamber, dual-chamber- it uses two leads, one for the upper and one for the lower chamber, and biventricular pacemakers that is used in cardiac resynchronization therapy. An implantable cardioverter-defibrillator (ICD) is a small battery-powered device that is placed in the chest to detect, and to stop irregular heartbeats (arrhythmias). An ICD continuously monitors the heartbeat and delivers electric shocks, when needed, to restore a regular heart rhythm. Increasing incidence of cardiac arrhythmia, aging population, and demographic changes are expected to drive the global cardiac implantable electronic device market growth over the forecast period.
Increasing prevalence of cardiovascular diseases such as cardiac arrhythmia, coronary artery disease, and others, aging population, and demographic changes are expected to drive the global cardiac implantable electronic device market growth over the forecast period. For instance, on May 15, 2023, according to the Centers for Disease Control and Prevention, in the U.S., heart disease caused around 695,000 deaths in 2021, accounting for 1 in every 5 fatalities and around 1 in 20 adults aged 20 and older have coronary artery disease (CAD).