Introduction of advance technology such as wireless and automated pacemaker monitoring
pacemakers are gaining significant traction among healthcare providers. Moreover, increasing
adoption of advanced technologies in cardiac pacemakers such as MRI safe-pacemakers,
pacemakers with improved battery life, delay the progression of persistent Atrial Fibrillation
(AF) in patients suffering from bradycardia and wireless automated technologies have gained
significant traction among cardiac pacemakers market players, which is expected to drive
growth of cardiac pacemakers market. For instance, in February 2017, Abbott received the Food
and Drug Administration (FDA) approval for its MR-conditional labeling for both of its products
i.e. Assurity MRI pacemaker and the Tendril MRI pacing lead. However, installation of
pacemakers is associated with risk of developing infections in cardiac patients, which may
restrain market growth. Pacemaker surgery can led to various complications such as swelling,
bruising, bleeding, or infection at the of area of pacemaker implantation leading to blood vessel
or nerve damage, which may reduce the adoption of cardiac implants in patients, in turn
negatively impacting market growth.
Cardiac Pacemaker Market Regional Outlook:
On the basis of geography, the global cardiac pacemaker market is segmented into North
America, Europe, Asia Pacific, Latin America, Middle East, and Africa. North America is
expected to hold dominant position in this market, owing to increasing prevalence of heart
diseases and adoption of technologically advanced products. Moreover, factors such as improved
healthcare facilities and better reimbursement scenario are also driving growth of the cardiac
pacemakers market in this region. In March 2017, Medtronic issued Medicare reimbursement for
the first leadless cardiac pacemaker Mica Trans catheter Pacing System (TPS), which is available
in the U.S. Asia Pacific is projected to witness significant growth in market over the forecast
period, owing to presence of large patient population, increasing healthcare expenditures in
emerging economies such as India and China which, and growing healthcare sector. Emerging
economies such as Asia Pacific and Latin America has huge potential for market growth and is
likely to be the fastest growing region throughout the forecast period.
Report includes chapters which deeply display the following deliverable about industry :
• Cardiac Pacemaker Market Research Objective and Assumption
• Cardiac Pacemaker Market Purview - Report Description, Executive Summary, and Coherent
Opportunity Map (COM)
• Cardiac Pacemaker Market Dynamics, Regulations, and Trends Analysis - Market Dynamics,
Regulatory Scenario, Industry Trend, Merger and Acquisitions, New system Launch/Approvals,
Value Chain Analysis, Porter’s Analysis, and PEST Analysis