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PUBLISHER: Knowledge Sourcing Intelligence | PRODUCT CODE: 1731601

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PUBLISHER: Knowledge Sourcing Intelligence | PRODUCT CODE: 1731601

Global Cardiovascular Devices Market - Forecasts from 2025 to 2030

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The Cardiovascular Devices Market is projected to grow at a CAGR of 6.68% to reach US$79.951 billion in 2030 from US$57.877 billion in 2025.

Rising cases of cardiovascular diseases (CVDs) and their severity, resulting in a surging death rate among patients, are driving global cardiovascular device market growth. Increasing expenditure on the healthcare sector and infrastructure development by the government are also contributing to this market growth. Technological innovation in the industry is leading to increased automation and inventions for early and better diagnosis, prevention, and treatment to reduce life threats, significantly expanding the market size. Furthermore, the growing aged population and increasing complexities of lifestyle are elevating the risk of CVDs, broadening the market scope for cardiovascular devices.

Market Trends:

  • The global cardiovascular device market is expanding during the forecast period, driven by a rise in cardiovascular disease (CVD) cases. According to a World Health Organization (WHO) report, CVDs claim around 17.7 million lives each year, representing 31% of all deaths worldwide, predominantly from heart attacks and strokes.
  • A growing elderly population is a key factor bolstering this market's growth. The WHO predicts that by 2050, this group will surpass 1.5 billion, influenced by declining fertility rates and shifting lifestyles. The increasing prevalence of CVDs is raising government awareness and spending, boosting the need for cardiovascular devices for both diagnosis and treatment.
  • The Asia Pacific region's cardiovascular device market is poised for strong growth throughout the forecast period, fueled by a boom in medical tourism. Industry projections indicate rapid expansion in this area, significantly elevating its market share. This surge is largely attributed to the region's affordable, high-quality medical services, attracting patients from North America, Europe, and the Middle East. Countries like India, Singapore, South Korea, Thailand, and Malaysia are at the forefront, offering cost-effective healthcare solutions.

Some of the major players covered in this report include Abbott Laboratories, Boston Scientific Corporation, Medtronic plc, Edwards Lifesciences Corporation, and Cardinal Health, among others.

Key Benefits of this Report:

  • Insightful Analysis: Gain detailed market insights covering major as well as emerging geographical regions, focusing on customer segments, government policies and socio-economic factors, consumer preferences, industry verticals, and other sub-segments.
  • Competitive Landscape: Understand the strategic maneuvers employed by key players globally to understand possible market penetration with the correct strategy.
  • Market Drivers & Future Trends: Explore the dynamic factors and pivotal market trends and how they will shape future market developments.
  • Actionable Recommendations: Utilize the insights to exercise strategic decisions to uncover new business streams and revenues in a dynamic environment.
  • Caters to a Wide Audience: Beneficial and cost-effective for startups, research institutions, consultants, SMEs, and large enterprises.

What do businesses use our reports for?

Industry and Market Insights, Opportunity Assessment, Product Demand Forecasting, Market Entry Strategy, Geographical Expansion, Capital Investment Decisions, Regulatory Framework & Implications, New Product Development, Competitive Intelligence

Report Coverage:

  • Historical data from 2022 to 2024 & forecast data from 2025 to 2030
  • Growth Opportunities, Challenges, Supply Chain Outlook, Regulatory Framework, and Trend Analysis
  • Competitive Positioning, Strategies, and Market Share Analysis
  • Revenue Growth and Forecast Assessment of segments and regions including countries
  • Company Profiling (Strategies, Products, Financial Information, and Key Developments among others)

Cardiovascular Devices Market Segmentation:

Cardiovascular Devices Market Segmentation by device type:

The cardiovascular devices market is analyzed by device type into the following:

  • Stents
  • Pacemakers
  • Implantable Cardioverter-Defibrillators (ICDs)
  • Cardiac Resynchronization Therapy (CRT) Devices
  • Other

Cardiovascular Devices Market Segmentation by application:

The report analyzed the cardiovascular devices market across diverse applications as follows:

  • Coronary Artery Diseases
  • Cardiac Arrhythmia
  • Heart Failure
  • Other

Cardiovascular Devices Market Segmentation by end-user:

The report analyzes the cardiovascular devices market by end-user segment as below:

  • Hospitals
  • Specialty Clinics
  • Ambulatory Surgical Centers
  • Others

Cardiovascular Devices Market Segmentation by regions:

The study also analyzed the cardiovascular devices market into the following regions, with country-level forecasts and analysis as below:

  • North America (USA, Canada, and Mexico)
  • South America (Brazil, Argentina, and Others)
  • Europe (UK, Germany, France, Spain, and Others)
  • Middle East and Africa (Saudi Arabia, UAE, and Others)
  • Asia Pacific (China, Japan, India, South Korea, Taiwan, Thailand, Indonesia, and Others)

Cardiovascular Devices Market Report Coverage:

This report provides extensive coverage as explained in the points below:

  • Cardiovascular devices market size, forecasts, and trends by different type of devices. The section provides historical revenue data with analysis focusing on key factors driving the adoption, current challenges faced by key market players and what are the major growth areas.
  • Cardiovascular devices market size, forecasts, and trends by application, with historical revenue data and analysis of sales based on applications.
  • Cardiovascular devices market size, forecasts, and trends by end-user. The section provides historical revenue data with analysis focusing on major end-user segments.
  • Cardiovascular devices market is also analyzed across different regions, with historical data, regional share, attractiveness, and opportunity of these solutions in different countries. The growth prospects and key players operating in these markets. The section also dwells on the macro factors, economic scenario, and other complementary factors aiding in market growth.
  • Market dynamics: The section details the market growth factors, restraints, and opportunities in the market. The segment also presents complete market scenario with the help of Porter's five forces model.
  • Competitive Intelligence: A thorough investigation on the competitive structure of the market presented through proprietary vendor matrix model, market share analysis of key players, insights on strategies of key players and recent major developments undertaken by the companies to gain competitive edge.
  • Research methodology: The assumptions and sources which were considered to arrive at the final market estimates. Additionally, how our model is refined to ensure most significant factors are taken into consideration with the proper hypothesis and bottom-up and top-down approaches enhance the reliability of forecasts further strengthening the trustworthiness of the numbers being presented.

How this report is helpful to you and reasons for purchase?

  • The report provides a strategic outlook of the cardiovascular devices market to the decision-makers, analysts and other stakeholders in the easy to read format for taking informed decisions.
  • The charts, tables and figures make it easy for the executives to gain valuable insights while skimming the report.
  • Analyst support through calls and email for timely clarification and incorporating additional requests.
  • Option of presentation or doc format with the estimates file to take care of diverse requirements.
  • 15% FREE customization with all our reports help cater additional requirements with significant cost-savings.
  • Option of purchasing specific segments of the study, including opting for summary reports or just the estimates file.
Product Code: KSI061611145

TABLE OF CONTENTS

1. EXECUTIVE SUMMARY

2. MARKET SNAPSHOT

  • 2.1. Market Overview
  • 2.2. Market Definition
  • 2.3. Scope of the Study
  • 2.4. Market Segmentation

3. BUSINESS LANDSCAPE

  • 3.1. Market Drivers
  • 3.2. Market Restraints
  • 3.3. Market Opportunities
  • 3.4. Porter's Five Forces Analysis
  • 3.5. Industry Value Chain Analysis
  • 3.6. Policies and Regulations
  • 3.7. Strategic Recommendations

4. TECHNOLOGICAL OUTLOOK

5. CARDIOVASCULAR DEVICES MARKET BY DEVICE TYPE

  • 5.1. Introduction
  • 5.2. Stents
  • 5.3. Pacemakers
  • 5.4. Implantable Cardioverter-Defibrillators (ICDs)
  • 5.5. Cardiac Resynchronization Therapy (CRT) Devices
  • 5.6. Others

6. CARDIOVASCULAR DEVICES MARKET BY APPLICATION

  • 6.1. Introduction
  • 6.2. Coronary Artery Diseases
  • 6.3. Cardiac Arrhythmia
  • 6.4. Heart Failure
  • 6.5. Others

7. CARDIOVASCULAR DEVICES MARKET BY END-USER

  • 7.1. Introduction
  • 7.2. Hospitals
  • 7.3. Specialty Clinics
  • 7.4. Ambulatory Surgical Centers
  • 7.5. Others

8. CARDIOVASCULAR DEVICES MARKET BY GEOGRAPHY

  • 8.1. Introduction
  • 8.2. North America
    • 8.2.1. USA
    • 8.2.2. Canada
    • 8.2.3. Mexico
  • 8.3. South America
    • 8.3.1. Brazil
    • 8.3.2. Argentina
    • 8.3.3. Others
  • 8.4. Europe
    • 8.4.1. United Kingdom
    • 8.4.2. Germany
    • 8.4.3. France
    • 8.4.4. Italy
    • 8.4.5. Spain
    • 8.4.6. Others
  • 8.5. Middle East and Africa
    • 8.5.1. Saudi Arabia
    • 8.5.2. UAE
    • 8.5.3. Others
  • 8.6. Asia Pacific
    • 8.6.1. China
    • 8.6.2. Japan
    • 8.6.3. India
    • 8.6.4. South Korea
    • 8.6.5. Taiwan
    • 8.6.6. Thailand
    • 8.6.7. Indonesia
    • 8.6.8. Others

9. COMPETITIVE ENVIRONMENT AND ANALYSIS

  • 9.1. Major Players and Strategy Analysis
  • 9.2. Market Share Analysis
  • 9.3. Mergers, Acquisitions, Agreements, and Collaborations
  • 9.4. Competitive Dashboard

10. COMPANY PROFILES

  • 10.1. Abbott
  • 10.2. Boston Scientific Corporation
  • 10.3. Medtronic plc
  • 10.4. Edwards Lifesciences Corporation
  • 10.5. Cardinal Health
  • 10.6. Terumo Corporation
  • 10.7. GE Healthcare
  • 10.8. Siemens Healthineers AG
  • 10.9. Johnson & Johnson
  • 10.10. B. Braun SE
  • 10.11. Getinge AB
  • 10.12. Koninklijke Philips N.V.
  • 10.13. MicroPort Scientific Corporation
  • 10.14. Nihon Kohden Corporation

11. APPENDIX

  • 11.1. Currency
  • 11.2. Assumptions
  • 11.3. Base and Forecast Years Timeline
  • 11.4. Key benefits for the stakeholders
  • 11.5. Research Methodology
  • 11.6. Abbreviations
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