CARDIAC IMPLANTABLE ELECTRONIC DEVICE MARKET ANALYSIS

Cardiac Implantable Electronic Device MarketSize and Trends

Global cardiac implantable electronic device market is estimated to be valued at US$ 28.1 Billion in 2023, and is expected to exhibit a CAGR of 7.8% during the forecast period (2023-2030).

Global Cardiac Implantable Electronic Device Market- Segmentation

Global cardiac implantable electronic device market report is segmented into type, end user, and region.

Based on Type, the global cardiac implantable electronic device market is segmented into implantable pacemakers and external pacemakers. Out of which, implantable pacemakers segment is expected to dominate the global cardiac implantable electronic device market during the forecast period due to increasing prevalence of geriatric population and increasing cardiac arrhythmia.

Based on End User, the global cardiac implantable electronic device market is segmented into hospitals, specialty clinics, and ambulatory care settings. Hospitals segment is expected to dominate the market over the forecast period a due to increasing prevalence of cardiac diseases and geriatric population which lead to the admission of patients for the treatment purpose.

Based on Region, global cardiac implantable electronic device market is segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. Out of which, the North America is expected to dominate the market over the forecast period owing to increasing launch of product by market key players