Cardiovascular Device Market Size, Share, Trends, Industry Analysis Report: By Device Type, Application, End Use, and Region

Description

List of Tables

The cardiovascular device market size is expected to reach USD 128.23 billion by 2034, according to a new study by Polaris Market Research. The report "Cardiovascular Device Market Size, Share, Trends, Industry Analysis Report: By Device Type, Application, End Use (Hospitals, Ambulatory Surgical Centers, Specialty Clinics), and Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Market Forecast, 2025-2034" gives a detailed insight into current market dynamics and provides analysis on future market growth.

A cardiovascular device is a medical instrument used to diagnose, treat, or manage heart-related conditions, such as pacemakers, stents, and defibrillators. Raising awareness about heart diseases is driving the cardiovascular devices market demand. Educational campaigns, government initiatives, and public health efforts have made people more conscious of heart health risks. Increased recognition of the signs and symptoms of heart disease leads individuals to seek early medical intervention. This proactive approach encourages the use of cardiovascular devices such as diagnostic tools, stents, and pacemakers to manage and prevent heart-related conditions. A growing understanding of how lifestyle choices impact heart health motivates more people to use these devices for improved treatment and prevention.

The growing prevalence of lifestyle-related diseases such as obesity, diabetes, and hypertension is a key factor driving the cardiovascular device market growth. These conditions are major risk factors for cardiovascular diseases (CVDs), increasing the demand for devices that aid in diagnosing, managing, and treating heart-related issues. Obesity and physical inactivity contribute significantly to the onset of heart diseases, making devices such as stents, pacemakers, and diagnostic tools essential for managing these conditions. The rising number of individuals developing these lifestyle diseases leads to an increasing need for cardiovascular interventions, further expanding the market for devices targeting heart conditions.

Cardiovascular Device Market Report Highlights

Based on end use, in 2024, the hospital segment dominated the cardiovascular device market share due to the large number of footfall of patients in the hospital settings.

The diagnostics and monitoring device segment, by device type, is expected to witness fastest growth during the forecast period due to rising focus on preventive healthcare.

In 2024, North America dominated the global cardiovascular device market revenue share, due to the presence of a large number of hospitals equipped with advanced medical technologies.

Asia Pacific is expected to record a significant share during the forecast period, driven by an increase in heart disease cases and advancements in healthcare infrastructure.

A few global key market players are Abbott Laboratories; B. Braun Melsungen AG; Biotronik SE & Co.KG; Boston Scientific Corporation; C. R. Bard, Inc.; Cook Medicals; Lepu Medicals; Liaoning Biomedical Materials; Medtronic Plc; Meril Life Sciences; MicroPort Scientific Corporation; Terumo Corporation; Translumina GmbH; Vascular Concepts; Jude Medical, Inc.; and Edward lifesciences corporation.

Polaris Market Research has segmented the cardiovascular device market report on the basis of device type, application, end use, and region:

By Device Type (Revenue - USD Billion, 2020-2034)

Diagnostic and Monitoring Devices

Electrocardiogram

Remote Cardiac Monitoring

MRI

Others

Therapeutic and Surgical Devices

Ventricular Assist Devices

Cardiac Rhythm Management Devices

Catheter

Stents

Others

By Application (Revenue - USD Billion, 2020-2034)

Heart Failure
Cardiac Arrhythmia
Coronary Artery Disease
Others

By End Use (Revenue - USD Billion, 2020-2034)

Hospitals
Ambulatory Surgical Centers
Specialty Clinics

By Regional Outlook (Revenue - USD Billion, 2020-2034)

North America
US
Canada
Europe
Germany
UK
France
Italy
Spain
Russia
Netherlands
Rest of Europe
Asia Pacific
China
India
Japan
South Korea
Indonesia
Malaysia
Australia
Rest of Asia Pacific
Latin America
Argentina
Brazil
Mexico
Rest of Latin America
Middle East & Africa
UAE
Saudi Arabia
Israel
South Africa
Rest of Middle East & Africa

Product Code: PM4534

1. Introduction

1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
1.2. Stakeholders

2. Executive Summary

2.1. Market Highlights

3. Research Device Methodology

3.1. Overview
- 3.1.1. Data Mining
3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources

4. Global Cardiovascular Device Market Insights

4.1. Cardiovascular Device Market - Market Snapshot
4.2. Cardiovascular Device Market Dynamics
- 4.2.1. Drivers and Opportunities
  - 4.2.1.1. Increase in Government Investment in Healthcare Infrastructure
  - 4.2.1.2. Growing Ageing Population
- 4.2.2. Restraints and Challenges
  - 4.2.2.1. High Initial Cost
4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
4.4. PESTEL Analysis
4.5. Cardiovascular Device Market Trends
4.6. Value Chain Analysis
4.7. COVID-19 Impact Analysis

5. Global Cardiovascular Device Market, by Device Type

5.1. Key Findings
5.2. Introduction
- 5.2.1. Global Cardiovascular Device Market, by Device Type, 2020-2034 (USD billion)
5.3. Diagnostic And Monitoring Devices
- 5.3.1. Global Cardiovascular Device Market, by Diagnostic And Monitoring Devices, by Region, 2020-2034 (USD billion)
- 5.3.2. Electrocardiogram
  - 5.3.2.1. Global Cardiovascular Device Market, by Electrocardiogram, by Region, 2020-2034 (USD billion)
- 5.3.3. Remote Cardiac Monitoring
  - 5.3.3.1. Global Cardiovascular Device Market, by Remote Cardiac Monitoring, by Region, 2020-2034 (USD billion)
- 5.3.4. MRI
  - 5.3.4.1. Global Cardiovascular Device Market, by MRI, by Region, 2020-2034 (USD billion)
- 5.3.5. Others
  - 5.3.5.1. Global Cardiovascular Device Market, by Others, by Region, 2020-2034 (USD billion)
5.4. Therapeutic And Surgical Devices
- 5.4.2. Ventricular Assist Devices
  - 5.4.2.1. Global Cardiovascular Device Market, by Ventricular Assist Devices, by Region, 2020-2034 (USD billion)
- 5.4.3. Cardiac Rhythm Management Devices
  - 5.4.3.1. Global Cardiovascular Device Market, by Cardiac Rhythm Management Devices, by Region, 2020-2034 (USD billion)
- 5.4.4. Catheter
  - 5.4.4.1. Global Cardiovascular Device Market, by Catheter, by Region, 2020-2034 (USD billion)
- 5.4.5. Stents
  - 5.4.5.1. Global Cardiovascular Device Market, by Stents, by Region, 2020-2034 (USD billion)
- 5.4.6. Others
  - 5.4.6.1. Global Cardiovascular Device Market, by Others, by Region, 2020-2034 (USD billion)

6. Global Cardiovascular Device Market, by Application

6.1. Key Findings
6.2. Introduction
- 6.2.1. Global Cardiovascular Device Market, by Application, 2020-2034 (USD billion)
6.3. Heart Failure
- 6.3.1. Global Cardiovascular Device Market, by Heart Failure, by Region, 2020-2034 (USD billion)
6.4. Cardiac Arrhythmia
- 6.4.1. Global Cardiovascular Device Market, by Cardiac Arrhythmia, by Region, 2020-2034 (USD billion)
6.5. Coronary Artery Disease
- 6.5.1. Global Cardiovascular Device Market, by Steel Plate, by Region, 2020-2034 (USD billion)
6.6. Others
- 6.6.1. Global Cardiovascular Device Market, by Others, by Region, 2020-2034 (USD billion)

7. Global Cardiovascular Device Market, by End Use

7.1. Key Findings
7.2. Introduction
- 7.2.1. Global Cardiovascular Device Market, by End Use, 2020-2034 (USD billion)
7.3. Hospitals
- 7.3.1. Global Cardiovascular Device Market, by Hospitals, by Region, 2020-2034 (USD billion)
7.4. Ambulatory Surgical Centers
- 7.4.1. Global Cardiovascular Device Market, by Ambulatory Surgical Centers, by Region, 2020-2034 (USD billion)
7.5. Specialty Clinics
- 7.5.1. Global Cardiovascular Device Market, by Specialty Clinics, by Region, 2020-2034 (USD billion)

8. Global Cardiovascular Device Market, by Geography

8.1. Key Findings
8.2. Introduction
- 8.2.1. Cardiovascular Device Market Assessment, By Geography, 2020-2034 (USD billion)
8.3. Cardiovascular Device Market - North America
- 8.3.1. North America: Cardiovascular Device Market, by Device Type, 2020-2034 (USD billion)
- 8.3.2. North America: Cardiovascular Device Market, by Application, 2020-2034 (USD billion)
- 8.3.3. North America: Cardiovascular Device Market, by End Use, 2020-2034 (USD billion)
- 8.3.4. Cardiovascular Device Market - U.S.
  - 8.3.4.1. U.S.: Cardiovascular Device Market, by Device Type, 2020-2034 (USD billion)
  - 8.3.4.2. U.S.: Cardiovascular Device Market, by Application, 2020-2034 (USD billion)
  - 8.3.4.3. U.S.: Cardiovascular Device Market, by End Use, 2020-2034 (USD billion)
- 8.3.5. Cardiovascular Device Market - Canada
  - 8.3.5.1. Canada: Cardiovascular Device Market, by Device Type, 2020-2034 (USD billion)
  - 8.3.5.2. Canada: Cardiovascular Device Market, by Application, 2020-2034 (USD billion)
  - 8.3.5.3. Canada: Cardiovascular Device Market, by End Use, 2020-2034 (USD billion)
8.4. Cardiovascular Device Market - Europe
- 8.4.1. Europe: Cardiovascular Device Market, by Device Type, 2020-2034 (USD billion)
- 8.4.2. Europe: Cardiovascular Device Market, by Application, 2020-2034 (USD billion)
- 8.4.3. Europe: Cardiovascular Device Market, by End Use, 2020-2034 (USD billion)
- 8.4.4. Cardiovascular Device Market - UK
  - 8.4.4.1. UK: Cardiovascular Device Market, by Device Type, 2020-2034 (USD billion)
  - 8.4.4.2. UK: Cardiovascular Device Market, by Application, 2020-2034 (USD billion)
  - 8.4.4.3. UK: Cardiovascular Device Market, by End Use, 2020-2034 (USD billion)
- 8.4.5. Cardiovascular Device Market - France
  - 8.4.5.1. France: Cardiovascular Device Market, by Device Type, 2020-2034 (USD billion)
  - 8.4.5.2. France: Cardiovascular Device Market, by Application, 2020-2034 (USD billion)
  - 8.4.5.3. France: Cardiovascular Device Market, by End Use, 2020-2034 (USD billion)
- 8.4.6. Cardiovascular Device Market - Germany
  - 8.4.6.1. Germany: Cardiovascular Device Market, by Device Type, 2020-2034 (USD billion)
  - 8.4.6.2. Germany: Cardiovascular Device Market, by Application, 2020-2034 (USD billion)
  - 8.4.6.3. Germany: Cardiovascular Device Market, by End Use, 2020-2034 (USD billion)
- 8.4.7. Cardiovascular Device Market - Italy
  - 8.4.7.1. Italy: Cardiovascular Device Market, by Device Type, 2020-2034 (USD billion)
  - 8.4.7.2. Italy: Cardiovascular Device Market, by Application, 2020-2034 (USD billion)
  - 8.4.7.3. Italy: Cardiovascular Device Market, by End Use, 2020-2034 (USD billion)
- 8.4.8. Cardiovascular Device Market - Spain
  - 8.4.8.1. Spain: Cardiovascular Device Market, by Device Type, 2020-2034 (USD billion)
  - 8.4.8.2. Spain: Cardiovascular Device Market, by Application, 2020-2034 (USD billion)
  - 8.4.8.3. Spain: Cardiovascular Device Market, by End Use, 2020-2034 (USD billion)
- 8.4.9. Cardiovascular Device Market - Netherlands
  - 8.4.9.1. Netherlands: Cardiovascular Device Market, by Device Type, 2020-2034 (USD billion)
  - 8.4.9.2. Netherlands: Cardiovascular Device Market, by Application, 2020-2034 (USD billion)
  - 8.4.9.3. Netherlands: Cardiovascular Device Market, by End Use, 2020-2034 (USD billion)
- 8.4.10. Cardiovascular Device Market - Russia
  - 8.4.10.1. Russia: Cardiovascular Device Market, by Device Type, 2020-2034 (USD billion)
  - 8.4.10.2. Russia: Cardiovascular Device Market, by Application, 2020-2034 (USD billion)
  - 8.4.10.3. Russia: Cardiovascular Device Market, by End Use, 2020-2034 (USD billion)
- 8.4.11. Cardiovascular Device Market - Rest of Europe
  - 8.4.11.1. Rest of Europe: Cardiovascular Device Market, by Device Type, 2020-2034 (USD billion)
  - 8.4.11.2. Rest of Europe: Cardiovascular Device Market, by Application, 2020-2034 (USD billion)
  - 8.4.11.3. Rest of Europe: Cardiovascular Device Market, by End Use, 2020-2034 (USD billion)
8.5. Cardiovascular Device Market - Asia Pacific
- 8.5.1. Asia Pacific: Cardiovascular Device Market, by Device Type, 2020-2034 (USD billion)
- 8.5.2. Asia Pacific: Cardiovascular Device Market, by Application, 2020-2034 (USD billion)
- 8.5.3. Asia Pacific: Cardiovascular Device Market, by End Use, 2020-2034 (USD billion)
- 8.5.4. Cardiovascular Device Market - China
  - 8.5.4.1. China: Cardiovascular Device Market, by Device Type, 2020-2034 (USD billion)
  - 8.5.4.2. China: Cardiovascular Device Market, by Application, 2020-2034 (USD billion)
  - 8.5.4.3. China: Cardiovascular Device Market, by End Use, 2020-2034 (USD billion)
- 8.5.5. Cardiovascular Device Market - India
  - 8.5.5.1. India: Cardiovascular Device Market, by Device Type, 2020-2034 (USD billion)
  - 8.5.5.2. India: Cardiovascular Device Market, by Application, 2020-2034 (USD billion)
  - 8.5.5.3. India: Cardiovascular Device Market, by End Use, 2020-2034 (USD billion)
- 8.5.6. Cardiovascular Device Market - Malaysia
  - 8.5.6.1. Malaysia: Cardiovascular Device Market, by Device Type, 2020-2034 (USD billion)
  - 8.5.6.2. Malaysia: Cardiovascular Device Market, by Application, 2020-2034 (USD billion)
  - 8.5.6.3. Malaysia: Cardiovascular Device Market, by End Use, 2020-2034 (USD billion)
- 8.5.7. Cardiovascular Device Market - Japan
  - 8.5.7.1. Japan: Cardiovascular Device Market, by Device Type, 2020-2034 (USD billion)
  - 8.5.7.2. Japan: Cardiovascular Device Market, by Application, 2020-2034 (USD billion)
  - 8.5.7.3. Japan: Cardiovascular Device Market, by End Use, 2020-2034 (USD billion)
- 8.5.8. Cardiovascular Device Market - Indonesia
  - 8.5.8.1. Indonesia: Cardiovascular Device Market, by Device Type, 2020-2034 (USD billion)
  - 8.5.8.2. Indonesia: Cardiovascular Device Market, by Application, 2020-2034 (USD billion)
  - 8.5.8.3. Indonesia: Cardiovascular Device Market, by End Use, 2020-2034 (USD billion)
- 8.5.9. Cardiovascular Device Market - South Korea
  - 8.5.9.1. South Korea: Cardiovascular Device Market, by Device Type, 2020-2034 (USD billion)
  - 8.5.9.2. South Korea: Cardiovascular Device Market, by Application, 2020-2034 (USD billion)
  - 8.5.9.3. South Korea: Cardiovascular Device Market, by End Use, 2020-2034 (USD billion)
- 8.5.10. Cardiovascular Device Market - Australia
  - 8.5.10.1. Australia: Cardiovascular Device Market, by Device Type, 2020-2034 (USD billion)
  - 8.5.10.2. Australia: Cardiovascular Device Market, by Application, 2020-2034 (USD billion)
  - 8.5.10.3. Australia: Cardiovascular Device Market, by End Use, 2020-2034 (USD billion)
- 8.5.11. Cardiovascular Device Market - Rest of Asia Pacific
  - 8.5.11.1. Rest of Asia Pacific: Cardiovascular Device Market, by Device Type, 2020-2034 (USD billion)
  - 8.5.11.2. Rest of Asia Pacific: Cardiovascular Device Market, by Application, 2020-2034 (USD billion)
  - 8.5.11.3. Rest of Asia Pacific: Cardiovascular Device Market, by End Use, 2020-2034 (USD billion)
8.6. Cardiovascular Device Market - Middle East & Africa
- 8.6.1. Middle East & Africa: Cardiovascular Device Market, by Device Type, 2020-2034 (USD billion)
- 8.6.2. Middle East & Africa: Cardiovascular Device Market, by Application, 2020-2034 (USD billion)
- 8.6.3. Middle East & Africa: Cardiovascular Device Market, by End Use, 2020-2034 (USD billion)
- 8.6.4. Cardiovascular Device Market - Saudi Arabia
  - 8.6.4.1. Saudi Arabia: Cardiovascular Device Market, by Device Type, 2020-2034 (USD billion)
  - 8.6.4.2. Saudi Arabia: Cardiovascular Device Market, by Application, 2020-2034 (USD billion)
  - 8.6.4.3. Saudi Arabia: Cardiovascular Device Market, by End Use, 2020-2034 (USD billion)
- 8.6.5. Cardiovascular Device Market - UAE
  - 8.6.5.1. UAE: Cardiovascular Device Market, by Device Type, 2020-2034 (USD billion)
  - 8.6.5.2. UAE: Cardiovascular Device Market, by Application, 2020-2034 (USD billion)
  - 8.6.5.3. UAE: Cardiovascular Device Market, by End Use, 2020-2034 (USD billion)
- 8.6.6. Cardiovascular Device Market - Israel
  - 8.6.6.1. Israel: Cardiovascular Device Market, by Device Type, 2020-2034 (USD billion)
  - 8.6.6.2. Israel: Cardiovascular Device Market, by Application, 2020-2034 (USD billion)
  - 8.6.6.3. Israel: Cardiovascular Device Market, by End Use, 2020-2034 (USD billion)
- 8.6.7. Cardiovascular Device Market - South Africa
  - 8.6.7.1. South Africa: Cardiovascular Device Market, by Device Type, 2020-2034 (USD billion)
  - 8.6.7.2. South Africa: Cardiovascular Device Market, by Application, 2020-2034 (USD billion)
  - 8.6.7.3. South Africa: Cardiovascular Device Market, by End Use, 2020-2034 (USD billion)
- 8.6.8. Cardiovascular Device Market - Rest of Middle East & Africa
  - 8.6.8.1. Rest of Middle East & Africa: Cardiovascular Device Market, by Device Type, 2020-2034 (USD billion)
  - 8.6.8.2. Rest of Middle East & Africa: Cardiovascular Device Market, by Application, 2020-2034 (USD billion)
  - 8.6.8.3. Rest of Middle East & Africa: Cardiovascular Device Market, by End Use, 2020-2034 (USD billion)
8.7. Cardiovascular Device Market - Latin America
- 8.7.1. Latin America: Cardiovascular Device Market, by Device Type, 2020-2034 (USD billion)
- 8.7.2. Latin America: Cardiovascular Device Market, by Application, 2020-2034 (USD billion)
- 8.7.3. Latin America: Cardiovascular Device Market, by End Use, 2020-2034 (USD billion)
- 8.7.4. Cardiovascular Device Market - Mexico
  - 8.7.4.1. Mexico: Cardiovascular Device Market, by Device Type, 2020-2034 (USD billion)
  - 8.7.4.2. Mexico: Cardiovascular Device Market, by Application, 2020-2034 (USD billion)
  - 8.7.4.3. Mexico: Cardiovascular Device Market, by End Use, 2020-2034 (USD billion)
- 8.7.5. Cardiovascular Device Market - Brazil
  - 8.7.5.1. Brazil: Cardiovascular Device Market, by Device Type, 2020-2034 (USD billion)
  - 8.7.5.2. Brazil: Cardiovascular Device Market, by Application, 2020-2034 (USD billion)
  - 8.7.5.3. Brazil: Cardiovascular Device Market, by End Use, 2020-2034 (USD billion)
- 8.7.6. Cardiovascular Device Market - Argentina
  - 8.7.6.1. Argentina: Cardiovascular Device Market, by Device Type, 2020-2034 (USD billion)
  - 8.7.6.2. Argentina: Cardiovascular Device Market, by Application, 2020-2034 (USD billion)
  - 8.7.6.3. Argentina: Cardiovascular Device Market, by End Use, 2020-2034 (USD billion)
- 8.7.7. Cardiovascular Device Market - Rest of Latin America
  - 8.7.7.1. Rest of Latin America: Cardiovascular Device Market, by Device Type, 2020-2034 (USD billion)
  - 8.7.7.2. Rest of Latin America: Cardiovascular Device Market, by Application, 2020-2034 (USD billion)
  - 8.7.7.3. Rest of Latin America: Cardiovascular Device Market, by End Use, 2020-2034 (USD billion)

9. Competitive Landscape

9.1. Expansion and Acquisition Analysis
- 9.1.1. Expansion
- 9.1.2. Acquisitions
9.2. Partnerships/Collaborations/Agreements/Exhibitions

10. Company Profiles

10.1. Abbott Laboratories
- 10.1.1. Company Overview
- 10.1.2. Financial Performance
- 10.1.3. Product Benchmarking
- 10.1.4. Recent Development
10.2. B. Braun Melsungen AG
- 10.2.1. Company Overview
- 10.2.2. Financial Performance
- 10.2.3. Product Benchmarking
- 10.2.4. Recent Development
10.3. Biotronik SE & Co.KG
- 10.3.1. Company Overview
- 10.3.2. Financial Performance
- 10.3.3. Product Benchmarking
- 10.3.4. Recent Development
10.4. Boston Scientific Corporation
- 10.4.1. Company Overview
- 10.4.2. Financial Performance
- 10.4.3. Product Benchmarking
- 10.4.4. Recent Development
10.5. C. R. Bard, Inc.
- 10.5.1. Company Overview
- 10.5.2. Financial Performance
- 10.5.3. Product Benchmarking
- 10.5.4. Recent Development
10.6. Cook Medicals
- 10.6.1. Company Overview
- 10.6.2. Financial Performance
- 10.6.3. Product Benchmarking
- 10.6.4. Recent Development
10.7. Lepu Medicals
- 10.7.1. Company Overview
- 10.7.2. Financial Performance
- 10.7.3. Product Benchmarking
- 10.7.4. Recent Development
10.8. Liaoning Biomedical Materials
- 10.8.1. Company Overview
- 10.8.2. Financial Performance
- 10.8.3. Product Benchmarking
- 10.8.4. Recent Development
10.9. Medtronic Plc
- 10.9.1. Company Overview
- 10.9.2. Financial Performance
- 10.9.3. Product Benchmarking
- 10.9.4. Recent Development
10.10. Meril Life Sciences
- 10.10.1. Company Overview
- 10.10.2. Financial Performance
- 10.10.3. Product Benchmarking
- 10.10.4. Recent Development
10.11. MicroPort Scientific Corporation
- 10.11.1. Company Overview
- 10.11.2. Financial Performance
- 10.11.3. Product Benchmarking
- 10.11.4. Recent Development
10.12. Terumo Corporation
- 10.12.1. Company Overview
- 10.12.2. Financial Performance
- 10.12.3. Product Benchmarking
- 10.12.4. Recent Development
10.13. Translumina GmbH
- 10.13.1. Company Overview
- 10.13.2. Financial Performance
- 10.13.3. Product Benchmarking
- 10.13.4. Recent Development
10.14. Vascular Concepts
- 10.14.1. Company Overview
- 10.14.2. Financial Performance
- 10.14.3. Product Benchmarking
- 10.14.4. Recent Development
10.15. Jude Medical, Inc.
- 10.15.1. Company Overview
- 10.15.2. Financial Performance
- 10.15.3. Product Benchmarking
- 10.15.4. Recent Development
10.16. Edward lifesciences corporation
- 10.16.1. Company Overview
- 10.16.2. Financial Performance
- 10.16.3. Product Benchmarking
- 10.16.4. Recent Development