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PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1740036

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PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1740036

Cardiovascular Devices Market, By Device Type (Diagnostic and Monitoring Devices and Therapeutic and Surgical Devices) and By Geography (North America, Europe, Asia Pacific, Middle East and Africa, and Latin America)-

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Cardiovascular Devices Market is estimated to be valued at USD 66,420.8 Mn in 2025 and is expected to reach USD 1,12,366.1 Mn by 2032, growing at a compound annual growth rate (CAGR) of 7.8% from 2025 to 2032.

Report Coverage Report Details
Base Year: 2024 Market Size in 2025: USD 66,420.8 Mn
Historical Data for: 2020 To 2024 Forecast Period: 2025 To 2032
Forecast Period 2025 to 2032 CAGR: 7.80% 2032 Value Projection: USD 1,12,366.1 Mn

Cardiovascular devices are medical devices used to diagnose and treat heart disease and related health problems. Cardiovascular devices, such as cardiac implantable electronic devices, designed to help control or monitor irregular heartbeats in people with certain heart rhythm disorders and heart failure. More people worldwide are using ECGs for diagnostic and monitoring purposes. An ECG is often used alongside other tests to help diagnose and monitor conditions affecting the heart. There are several types of devices available.

Market Dynamics:

High prevalence of cardiovascular diseases, growing geriatric population, increase in demand for cardiovascular devices, technological advances, rise in research and development, and introduction of novel products by market players are major factors expected to propel the growth of the global cardiovascular devices market over the forecast period.

For instance, in October 2022, Medtronic plc received the US FDA approval for expanded labeling of a cardiac lead that taps into the heart's natural electrical system, giving patients needed therapy while avoiding complications sometimes associated with traditional pacing methods.

Moreover, in October 2022, Biosense Webster, Inc. launched the HELIOSTAR Balloon Ablation Catheter in Europe. HELIOSTAR Balloon Ablation Catheter is indicated for use in the catheter-based cardiac electrophysiological mapping (stimulating and recording) of atria and, when used with a compatible multi-channel RF generator, for cardiac ablation.

Key features of the study:

  • This report provides in-depth analysis of the global cardiovascular devices market, and provides market size (US$ Million) and compound annual growth rate (CAGR %) for the forecast period 2025-2032, considering 2024 as the base year.
  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players.
  • It profiles key players in the global cardiovascular devices market based on the following parameters such as company highlights, products portfolio, key highlights, financial performance, and strategies.
  • Key companies covered as a part of this study include Livanova PLC, B. Braun Melsungen AG, Edwards Lifesciences, Biotronik, Medtronic PLC, GE Healthcare, Cardinal Health Inc., Abbott Laboratories, Siemens Healthineers AG, W.L. Gore & Associates Inc., Boston Scientific Corporation, and Canon Medical Systems Corporation.
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
  • The global cardiovascular devices market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global cardiovascular devices market.

Detailed Segmentation:

  • Global Cardiovascular Devices Market, By Device Type:
    • Diagnostic and Monitoring Devices
    • Therapeutic and Surgical Devices
  • Global Cardiovascular Devices Market, By Geography:
    • North America
    • Europe
    • Asia Pacific
    • Middle East and Africa
    • Latin America
  • Company Profiles:
    • Livanova PLC
    • B. Braun Melsungen AG
    • Edwards Lifesciences
    • Biotronik
    • Medtronic PLC
    • GE Healthcare
    • Cardinal Health Inc.
    • Abbott Laboratories
    • Siemens Healthineers AG
    • W.L. Gore & Associates Inc.
    • Boston Scientific Corporation
    • Canon Medical Systems Corporation
Product Code: CMI5526

Table of Contents

1. Research Objectives and Assumptions

  • Research Objectives
  • Assumptions
  • Abbreviations

2. Market Purview

  • Report Description
    • Market Definition and Scope
  • Executive Summary
    • Market Snapshot, By Device Type
    • Market Snapshot, By Geography
  • Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

  • Market Dynamics
    • Increase in prevalence of cardiovascular diseases worldwide
    • High cost of cardiovascular devices and cardiac procedures
    • Increase in demand for cardiovascular devices worldwide
  • Impact Analysis
  • Key Highlights
  • Regulatory Scenario
  • Product launch/Approvals
  • PEST Analysis
  • PORTER's Analysis
  • Merger and Acquisition Scenario

4. Global Cardiovascular Devices Market - Impact of Coronavirus (COVID-19) Pandemic

  • COVID-19 Epidemiology
  • Supply Side and Demand Side Analysis
  • Economic Impact

5. Global Cardiovascular Devices Market, By Device Type, 2020-2032, (US$ Mn)

  • Introduction
    • Market Share Analysis, 2025 and 2032 (%)
    • Y-o-Y Growth Analysis, 2021 - 2032
    • Segment Trends
  • Diagnostic and Monitoring Devices
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Mn)
  • Therapeutic and Surgical Devices
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Mn)

6. Global Cardiovascular Devices Market, By Geography, 2020-2032, (US$ Mn)

  • Introduction
    • Market Share Analysis, 2025 and 2032 (%)
    • Y-o-Y Growth Analysis, 2021 - 2032
    • Segment Trends
  • North America
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, By Device Type, 2020-2032,(US$ Mn)
  • Europe
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, By Device Type, 2020-2032,(US$ Mn)
  • Asia Pacific
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, By Device Type, 2020-2032,(US$ Mn)
  • Latin America
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, By Device Type, 2020-2032,(US$ Mn)
  • Middle East
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, By Device Type, 2020-2032,(US$ Mn)
  • Africa
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, By Device Type, 2020-2032,(US$ Mn)

7. Competitive Landscape

  • Livanova PLC
    • Company Highlights
    • Product Portfolio
    • Key Developments
    • Financial Performance
    • Strategies
  • B. Braun Melsungen AG
    • Company Highlights
    • Product Portfolio
    • Key Developments
    • Financial Performance
    • Strategies
  • Edwards Lifesciences
    • Company Highlights
    • Product Portfolio
    • Key Developments
    • Financial Performance
    • Strategies
  • Biotronik
    • Company Highlights
    • Product Portfolio
    • Key Developments
    • Financial Performance
    • Strategies
  • Medtronic PLC
    • Company Highlights
    • Product Portfolio
    • Key Developments
    • Financial Performance
    • Strategies
  • GE Healthcare
    • Company Highlights
    • Product Portfolio
    • Key Developments
    • Financial Performance
    • Strategies
  • Cardinal Health Inc.
    • Company Highlights
    • Product Portfolio
    • Key Developments
    • Financial Performance
    • Strategies
  • Abbott Laboratories
    • Company Highlights
    • Product Portfolio
    • Key Developments
    • Financial Performance
    • Strategies
  • Siemens Healthineers AG
    • Company Highlights
    • Product Portfolio
    • Key Developments
    • Financial Performance
    • Strategies
  • WL Gore & Associates Inc.
    • Company Highlights
    • Product Portfolio
    • Key Developments
    • Financial Performance
    • Strategies
  • Boston Scientific Corporation
    • Company Highlights
    • Product Portfolio
    • Key Developments
    • Financial Performance
    • Strategies
  • Canon Medical Systems Corporation
    • Company Highlights
    • Product Portfolio
    • Key Developments
    • Financial Performance
    • Strategies
  • Analyst Views

8. Section

  • Research Methodology
  • About us
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