Stratview Research published a new report on the Heart Implants Market that offers detailed segmentation of the market By Device (Pacemaker Devices, Cardiac Resynchronization Therapy Devices, Implantable Hemodynamic Monitoring Devices, Implanted Heart Rhythm Monitors, Coronary Stents, Implantable Cardioverter Defibrillator, Heart Valve, Others), By Application (Arrhythmias, Myocardial Ischemia, Acute Myocardial Infarction, Congestive Heart Failure, Others), By End User (Hospitals, Emergency Medical Centers, Ambulatory Surgical Center, Home Care Settings, Others) and Region.

According to the report, The Heart Implants Market is estimated to grow from USD 36.8 billion in 2020 to USD 71.6 billion by 2026 at a healthy CAGR of 11.9% during the forecast period.

The present report can be of high utility for the key decision-makers and growth strategists in terms of precise market insights, forthcoming growth opportunities, and key success factors. Especially, the report also analyses and mentions the possible impact of COVID-19 on the market dynamics. This will not only help in mitigating the uncertain business environment, but also help in rearranging the strategies and future- decisions in a fruitful manner.

Covid Impact –

The Corona Virus Pandemic has caused significant losses in nearly every industry all over the world. The pandemic has had a rapid impact on the global economy, affecting the market's manufacturing, demand, and distribution network. The Heart Implants Market has also been influenced by the unprecedented COVID-19 outbreak. The market analysts have thoroughly examined the market and gathered insightful data related to covid impact such as before and after market size, regional impact, financial losses, organic and inorganic growth factors, etc.

Leading players in the market -

To build a successful business, it is vital to understanding the market - both the customers and the competitors. The report published consists of a list of key players active in the Heart Implants Market, is given below -

  • Medtronic, Inc. (US)
  • Boston Scientific Corporation (US)
  • Abbott Vascular Inc. (US)
  • Edwards Life-sciences Corporation (US)
  • Jude Medical, Inc. (US)
  • Thoratec Corporation (US)
  • SynCardia Systems, Inc. (US)

Report Findings

Based on application, the market has been classified into arrhythmias, myocardial ischemia, acute myocardial infarction, congestive heart failure, and others. The arrhythmias segment accounted for a substantial market share in 2020. Growing incidences of Cardiovascular Diseases (CVDs), increasing cost of cardiac disease management, favorable government policies; and excessive alcohol consumption, smoking, lifestyle disorders, and obesity are contributing to the prevalence of cardiac arrhythmia, further bolstering the segment growth.

The market in North America accounted for the largest share in 2020 and is projected to continue its dominance during the review period. This is mainly attributed to the strong presence of well-developed healthcare infrastructure, increasing investment in R&D activities, the strong prevalence of cardiovascular diseases, higher adoption of these technologies, and favorable government initiatives. Moreover, the favorable reimbursement policies, high rate of R&D activities, easy availability of advanced technology, and enhanced patient knowledge within the region, further proliferates the regional growth.

FAQs in the report -

The research report aims to help the users learn about their market size and potential to connect with customers. This report answers to the following questions:

  • How big is the potential Heart Implants Market?
  • Will this market grow or shrink in the future?
  • Who are our top competitors or key players?
  • What market share do the competitors own?
  • How Covid19 has affected the market?
  • How long will it take to recover from the Covid-impact?

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