The US cardiovascular devices market is projected to grow at a significant CAGR of 6.2% during the forecast period. The rising awareness programs for CVD is acting as one prominent factor in the market growth in the US. Moreover, the presence of some of the key players in the US, such as Abbott Laboratories, Boston Scientific Corp., and Edwards Lifesciences Corp., is another factor contributing significantly in the growth of the US cardiovascular devices market. The novel cardiovascular devices developed by these developed market players receives an approval from the US FDA and then are majorly used in the US.
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Moreover, the presence of large number of government organizations for CVD, such as American Heart Association and other research organizations have been augmenting the demand for the US cardiovascular devices market. These research organizations with the collaboration with the largest market players present in the US, have been driving the US cardiovascular devices market. Furthermore, the rising prevalence of CVD and high disposable income in the US are other factors that augment the growth of the US cardiovascular devices market.
Key questions addressed by the report
- What is the market growth rate during the forecast period?
- Which segment/region dominates the market in base year?
- Which segment/region will project fastest growth in the market during the forecast period?
- How COVID-19 will impact the market growth in 2020 and coming years?
o Recovery Timeline
o Deviation from pre-COVID
o Most affected region/segment
o Recommendations
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
US Cardiovascular Devices Market – Segmentation
By Type
- Diagnostic and Monitoring Devices
o MRI
o Electrocardiogram (ECG)
o Remote Cardiac Monitoring
o Cardiac CT
o Others (PET scan)
- Surgical Devices
o Stents
o Catheters
o Cardiac Assist Devices
o Cardiac Rhythm Management Device
o Others (Heart Valves and Grafts)
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Company Profiles
- Abbott Laboratories
- Braun Melsungen AG
- Becton, Dickinson and Co.
- Biotronik, Inc.
- Boston Scientific Corp.
- Cardinal Health Inc.
- Cook Medical, Inc.
- Edwards Lifesciences Corp.
- GE Healthcare (General Electric Co.)
- Getinge AB
- Johnson & Johnson Services, Inc.
- Koninklijke Philips N.V.
- Lepu Medical Technology (Beijing) Co., Ltd.
- Medtronic PLC
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