Market Forecast by Countries (United States, Canada), By Device Type (Diagnostic and Monitoring Devices, Therapeutic and Surgical Devices), By Application (Coronary Artery Disease (CAD), Cardiac Arrhythmia, Heart Failure, Others), By End User (Hospitals, Specialty Clinics, Others) And Competitive Landscape
Product Code: ETC403923 | Publication Date: Dec 2022 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 250 | No. of Figures: 50 | No. of Tables: 25 |
North America Cardiovascular Devices Market is expected to witness substantial growth during the forecast period. The increasing prevalence of cardiovascular diseases, the growing geriatric population, and technological innovations in the devices and drugs are the major factors driving the growth of North America Cardiovascular Devices Market in the coming years. Additionally, the expansion of the healthcare services infrastructure and growing number of obese and diabetic patients are also proliferating the North America Cardiovascular Devices Market growth over the forecast period. However, the high cost of procedures and products are restraining the growth of this market to some extent.
According to 6Wresearch, North America Cardiovascular Devices Market is expected to grow during 2022-2028. The cardiovascular devices market size in North America is anticipated to grow at a CAGR of XX% during the forecast period. The rising prevalence of cardiovascular diseases, the increasing elderly population, and the growing number of diabetic patients are further propelling the demand for this industry. Moreover, the growing awareness about the benefits of early diagnosis and treatment of cardiovascular diseases are driving the market growth potential. However, the high cost of cardiovascular devices and the stringent reimbursement policies are the major challenges for the growth of this market.
The COVID-19 pandemic has impacted the North America Cardiovascular Devices Industry by postponing elective procedures which has led to a decrease in demand for cardiovascular devices. Also, the supply chain disruptions have made it difficult for manufacturers to obtain the raw materials needed to produce cardiovascular devices. As a result, prices for some devices have increased due to the pandemic.
By Countries, the market is segmented into United States and Canada. The United States is the largest market for cardiovascular devices in North America, followed by Canada and is expected to dominate the North America Cardiovascular Devices Market share. The market is expected to grow due to increasing prevalence of cardiovascular diseases and technological advancements.
By End User, the market is separated into Hospitals, Specialty Clinics, and Others. Hospitals and Specialty Clinics held a dominant position in the North America Cardiovascular Devices Market owing to the increasing number of hospital admissions for cardiac procedures.
The North America Cardiovascular Devices Market is highly competitive with large number of key players. These companies hold a significant share in the market due to their strong product portfolio. However, the market is also fragmented with a large number of small and medium-sized companies. There are a number of key players in the North America Cardiovascular Devices Market with their own market strategies. Many of the leading companies have invested heavily in building up their distribution channels to reach more customers.
Report Name | North America Cardiovascular Devices Market |
Base Year | 2021 |
Historical Period | 2018-2021 |
Forecast Period | 2022-2028 |
Market Size Value | XXXX |
Revenue Forecast | XXXX |
Growth Rate | XXXX |
Report Coverage | Revenues & Volume, Market Trends, Drivers & Challenges, Market Forecast, Market Share |
Segment Coverage | By Countries, By Device Type, By Application, By End User |
Countries Covered |
United States, Canada |
Customization Scope | 100% customized reports available along with reliable data. Moreover, you can alter the segments, countries, and regions according to your needs. For further details, you can contact our research expert at sales@6wresearch.com |
Pricing and Purchase Options | Avail customization purchase option to know the exact pricing of your research needs |
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 North America Cardiovascular Devices Market Overview |
3.1 North America Regional Macro Economic Indicators |
3.2 North America Cardiovascular Devices Market Revenues & Volume, 2021 & 2028F |
3.3 North America Cardiovascular Devices Market - Industry Life Cycle |
3.4 North America Cardiovascular Devices Market - Porter's Five Forces |
3.5 North America Cardiovascular Devices Market Revenues & Volume Share, By Countries, 2021 & 2028F |
3.6 North America Cardiovascular Devices Market Revenues & Volume Share, By Device Type, 2021 & 2028F |
3.7 North America Cardiovascular Devices Market Revenues & Volume Share, By Application, 2021 & 2028F |
3.8 North America Cardiovascular Devices Market Revenues & Volume Share, By End User, 2021 & 2028F |
4 North America Cardiovascular Devices Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 North America Cardiovascular Devices Market Trends |
6 North America Cardiovascular Devices Market, 2018 - 2028 |
6.1 North America Cardiovascular Devices Market, Revenues & Volume, By Device Type, 2018 - 2028 |
6.2 North America Cardiovascular Devices Market, Revenues & Volume, By Application, 2018 - 2028 |
6.3 North America Cardiovascular Devices Market, Revenues & Volume, By End User, 2018 - 2028 |
7 United States Cardiovascular Devices Market, 2018 - 2028 |
7.1 United States Cardiovascular Devices Market, Revenues & Volume, By Device Type, 2018 - 2028 |
7.2 United States Cardiovascular Devices Market, Revenues & Volume, By Application, 2018 - 2028 |
7.3 United States Cardiovascular Devices Market, Revenues & Volume, By End User, 2018 - 2028 |
8 Canada Cardiovascular Devices Market, 2018 - 2028 |
8.1 Canada Cardiovascular Devices Market, Revenues & Volume, By Device Type, 2018 - 2028 |
8.2 Canada Cardiovascular Devices Market, Revenues & Volume, By Application, 2018 - 2028 |
8.3 Canada Cardiovascular Devices Market, Revenues & Volume, By End User, 2018 - 2028 |
9 North America Cardiovascular Devices Market Key Performance Indicators |
10 North America Cardiovascular Devices Market - Opportunity Assessment |
10.1 North America Cardiovascular Devices Market Opportunity Assessment, By Countries, 2021 & 2028F |
10.2 North America Cardiovascular Devices Market Opportunity Assessment, By Device Type, 2021 & 2028F |
10.3 North America Cardiovascular Devices Market Opportunity Assessment, By Application, 2021 & 2028F |
10.4 North America Cardiovascular Devices Market Opportunity Assessment, By End User, 2021 & 2028F |
11 North America Cardiovascular Devices Market - Competitive Landscape |
11.1 North America Cardiovascular Devices Market Revenue Share, By Companies, 2021 |
11.2 North America Cardiovascular Devices Market Competitive Benchmarking, By Operating and Technical Parameters |
12 Company Profiles |
13 Recommendations |
14 Disclaimer |