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Global Cardiac Prosthetic Devices Market 2017-2021

Global Cardiac Prosthetic Devices Market 2017-2021

About Cardiac Prosthetic Devices

Prosthetic devices are used to replace or support the function of an original organ. Cardiac prosthetic devices such as implantable cardiac pacemakers and heart valves are used to maintain/restore proper functionality of heart in people with chronic cardiovascular disorders such as heart attack and valvular diseases. Heart valves are used in patients with heart valvular disease or dysfunctional heart valves. Implantable cardiac pacemakers are used to treat most commonly atrial fibrillation, a common heart condition where the heart beats too fast or too slow or in an irregular way. It is commonly seen in older adult population.

Technavio’s analysts forecast the global cardiac prosthetic devices market to grow at a CAGR of 13.63% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global cardiac prosthetic devices market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Cardiac Prosthetic Devices Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Boston Scientific
  • Edward Lifesciences
  • LivaNova
  • Medtronic
  • St. Jude Medical
Other prominent vendors
  • BIOTRONIK
  • CardioKinetix
  • Comed
  • JenaValve
  • Lepu medical technology
  • Merit Medical
  • Neovasc
  • On-X Life Technologies
  • Pacetronix
  • Transcatheter Technologies
  • Vitatron
Market driver
  • Rising prevalence of cardiac disorders
  • For a full, detailed list, view our report
Market challenge
  • Complications associated with implantation of cardiac prosthetic devices
  • For a full, detailed list, view our report
Market trend
  • Advances in technology
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Global Cardiac Prosthetic Devices Market 2017-2021

Technavio recognizes the following companies as the key players in the global cardiac prosthetic devices market: Boston Scientific, Edward Lifesciences, LivaNova, Medtronic, and St. Jude Medical.

Other Prominent Vendors in the market are: BIOTRONIK, CardioKinetix, Colibri, Comed, JenaValve, Lepu medical technology, Merit Medical, Neovasc, On-X Life Technologies, Pacetronix, Transcatheter Technologies, and Vitatron.

Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is advances in technology. The demand of abnormal heart repayment has reiterated the advances in the interventional cardiology that include transcatheter aortic valve replacement (TAVR) and which further support the valve replacement through MI procedures over the open surgical procedures.”

According to the report, one driver in the market is rising prevalence of cardiac disorders. The prevalence of cardiac disorders such as bradycardia, sick sinus syndrome, valvular diseases, atrioventricular blocks, ventricular fibrillation, cardiac arrest, and tachycardia has increased globally over the past few years. Cardiac arrest is a leading cause of death worldwide among adults aged above 40 years. Further, various cardiovascular disorders such as stroke, rhythm disorders, congenital heart disease, subclinical atherosclerosis, and peripheral arterial disease are other major clinical complications increasing the need for cardiac prosthetic devices. The market is also witnessing higher sales of cardiac prosthetic devices.

Further, the report states that one challenge in the market is complications associated with implantation of cardiac prosthetic devices. Although, replacement of damaged heart valve or implantation of pacemakers are considered to be prominent ways for treating a damaged heart valve or controlling abnormal heart rhythms; however, heart valve implantation is directly associated with various complications which either way restrain the market growth of cardiac prosthetic devices. The rate of acute complications with pacemaker insertion arise within a day and is higher as compared to incidence of late complications of permanent pacemaker. The complications associated with transcatheter aortic valve implantation, while treating the patient living with aortic stenosis.

Companies Mentioned

Boston Scientific, Edward Lifesciences, LivaNova, Medtronic, St. Jude Medical, BIOTRONIK, CardioKinetix, Colibri, Comed, JenaValve, Lepu medical technology, Merit Medical, Neovasc, On-X Life Technologies, Pacetronix, Transcatheter Technologies, and Vitatron.

  • Executive summary
  • Scope of the report
  • Research methodology
  • Introduction
    • Market outline
  • Market landscape
    • Market ecosystem
      • Table Parent market
  • Market sizing
    • Market overview
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2016
      • Table Market size 2016
      • Table Validation techniques employed for market sizing 2016
    • Market size and forecast
      • Table Global cardiac prosthetic devices market 2016-2021 ($ mn)
      • Table Global cardiac prosthetic devices market – Year-over-year growth 2017-2021 (%)
    • Five forces analysis
      • Table Five forces analysis 2016
  • Market segmentation by product
    • Market overview
      • Table Global cardiac prosthetic devices market by product
      • Table Global cardiac prosthetic devices market by product 2016 and 2021 (%)
      • Table Global cardiac prosthetic devices market analysis by product
      • Table Global cardiac prosthetic devices market by product 2016 and 2021 ($ millions)
    • Global cardiac prosthetic devices market
      • Table Product – Market share 2016-2021 (%)
    • Comparison by product
      • Table Comparison by product
    • Global prosthetic heart valves market
      • Table Global prosthetic heart valves market 2016-2021 ($ mn)
      • Table Global prosthetic heart valve devices market – Year-over-year growth 2017-2021 (%)
    • Global implantable cardiac pacemakers market
      • Table Global implantable cardiac pacemakers market 2016-2021 ($ mn)
      • Table Global implantable cardiac pacemakers market – Year-over-year growth 2017-2021 (%)
    • Market opportunity by product
      • Table Market opportunity by product
  • Customer landscape
    • Table Customer landscape
  • Market segmentation by end-user
    • Segmentation by end-user
      • Table Global cardiac prosthetic devices market by end-user 2016
  • Regional landscape
    • Geographical segmentation
      • Table Global cardiac prosthetic devices market share by geography 2016-2021 (%)
      • Table Regional comparison
    • Cardiac prosthetic devices market in Americas
      • Table Cardiac prosthetic devices market in Americas 2016-2021 ($ mn)
      • Table Cardiac prosthetic devices market in Americas – Year-over-year growth 2017-2021 (%)
      • Table Top 3 countries in Americas
    • Cardiac prosthetic devices market in EMEA
      • Table Cardiac prosthetic devices market in EMEA 2016-2021 ($ mn)
      • Table Cardiac prosthetic devices market in EMEA – Year-over-year growth 2017-2021 (%)
      • Table Top 3 countries in EMEA
    • Cardiac prosthetic devices market in APAC
      • Table Cardiac prosthetic devices market in APAC 2016-2021 ($ mn)
      • Table Cardiac prosthetic devices market in APAC – Year-over-year growth 2017-2021 (%)
      • Table Top 3 countries in APAC
    • Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
      • Table Product recalls in cardiac prosthetic devices market 2015-2017
  • Market trends
    • Advances in technology
    • Emergence of MRI conditional pacemakers and heart valves
    • Growing popularity of sutureless aortic valve replacement
    • New product launches coupled with R&D activities
      • Table New product launches in 2016 – 2017
  • Vendor landscape
    • Competitive scenario
      • Table Top vendors in global cardiac prosthetic devices market 2016
  • Vendor analysis
    • Medtronic
      • Table Key highlights: Medtronic
      • Table Medtronic: Strength assessment
      • Table Medtronic strategy assessment
      • Table Medtronic: Opportunity assessment
    • Edwards Lifesciences
      • Table Edward Lifesciences: Key highlights
      • Table Edward Lifesciences: Strength assessment
      • Table Edward Lifesciences: Strategy assessment
      • Table Edward Lifesciences: Opportunity assessment
    • LivaNova
      • Table LivaNova: Key highlights
      • Table LivaNova: Strength assessment
      • Table LivaNova: Strategy assessment
      • Table LivaNova: Opportunity assessment
    • St. Jude Medical
      • Table St. Jude Medical: Key highlights
      • Table St. Jude Medical strength assessment
      • Table St. Jude Medical: Strategy assessment
      • Table St. Jude Medical: Opportunity assessment
    • Boston Scientific
      • Table Boston Scientific: Key highlights
      • Table Boston Scientific: Strength assessment
      • Table Boston Scientific: Strategy assessment
      • Table Boston Scientific: Opportunity assessment
    • Other prominent vendors
  • Appendix
    • List of abbreviations
  • Explore Technavio

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