Product Code: 4949
Cardiovascular Devices Market is slated to grow exponentially through 2032, owing to the rising number of patients suffering from cardiovascular diseases such as arrhythmia, heart failure, coronary heart disease, and peripheral artery diseases. Besides, cardiovascular disease is one of the leading causes of deaths worldwide. Almost half of the American adults suffer from some form of cardiovascular disease. These factors are slated to significantly influence the cardiovascular devices market growth in the coming years.
The longer wait times for regulatory approvals of products are slated to hinder the market expansion. However, the rising geriatric population pool will play a key role in driving the market growth over the forecast period.
The cardiovascular industry's competitive landscape is highly intact. Large behemoths are rigorously working on strategic efforts such as R&D investments, new product launches, and mergers, acquisitions, and partnerships to increase their market share. For instance, in November 2021, the FDA approved Abbott Medical's sensor enabled TactiCath Ablation Catheter. TactiCath Contact Force Ablation Catheter is used to treat intermittent atrial fibrillation or paroxysmal and persistent atrial fibrillation when the conditions are not treated with medicines.
Overall, the cardiovascular devices market is segmented in terms of device type, end-use, and region.
Considering the device type, the cardiac ablation devices segment is slated to hold a considerable share through 2032. The expansion is likely to be propelled by the rising demand for minimally invasive ablation procedures and the increasing prevalence of cardiac arrhythmia globally. As per reports, atrial fibrillation is one of the most common cardiac arrhythmias, impacting more than 2 million people in the U.S.
Nevertheless, some selected patients with AF can now be treated with surgical ablation and left atrial appendage (LAA) removal with significantly smaller sternal sparing incisions using minimally invasive cardiac surgery procedures, which is further slated to help segment growth in the coming years.
Based on end-use, the hospital segment held the largest revenue share of over 58% in 2022 and is anticipated to demonstrate massive growth between 2023 and 2032. The growth can be credited to the increased number of cardiovascular procedures in hospitals due to the mounting availability of advanced devices and well-equipped facilities.
Regionally, the North America cardiovascular devices market held over 42% revenue share in 2022 and is slated to grow significantly over the forthcoming years, owing to the mounting investments in cardiac product R&D. In addition, the rising adoption of unhealthy lifestyles and increasing geriatric patient pool will further drive regional growth during the forecast period. Also, the presence of leading market players in the region will serve to be a key factor driving the regional market expansion.
Table of Contents
Chapter 1 Methodology & Scope
- 1.1 Methodology
- 1.2 Market scope & definitions
- 1.3 Base estimates and calculations
- 1.3.1 North America
- 1.3.2 Europe
- 1.3.3 Asia Pacific
- 1.3.4 Latin America
- 1.3.5 MEA
- 1.4 Forecast calculations
- 1.5 Data validation
- 1.6 Data sources
- 1.6.1 Primary
- 1.6.2 Secondary
- 1.6.2.1 Paid sources
- 1.6.2.2 Unpaid sources
Chapter 2 Executive Summary
- 2.1 Cardiovascular devices industry 360 degree synopsis, 2018 - 2032
- 2.1.1 Business trends
- 2.1.2 Devices type trends
- 2.1.3 End-use trends
- 2.1.4 Regional trends
Chapter 3 Cardiovascular Devices Industry Insights
- 3.1 Industry landscape, 2018-2032
- 3.2 Industry ecosystem analysis
- 3.2.1 Vendor matrix
- 3.2.2 Distribution channel analysis
- 3.2.3 Profit margin trends
- 3.3 Industry impact forces
- 3.3.1 Growth drivers
- 3.3.1.1 Increasing number of patients suffering from cardiovascular diseases
- 3.3.1.2 Expanding geriatric population base contributing to global cardiovascular disease burden
- 3.3.1.3 Rising government initiatives
- 3.3.1.4 Technological advancements in cardiovascular devices
- 3.3.1.5 Rising demand for minimally invasive procedures
- 3.3.2 Industry pitfalls & challenges
- 3.3.2.1 High risk associated with cardiac procedures
- 3.3.2.2 Stringent regulatory scenario
- 3.4 Growth potential analysis
- 3.4.1 By devices type
- 3.4.2 By end-use
- 3.5 COVID- 19 impact analysis
- 3.6 Regulatory landscape
- 3.7 Porter's analysis
- 3.8 PESTEL analysis
Chapter 4 Competitive Landscape, 2021
- 4.1 Introduction
- 4.1.1 Abbott Laboratories (St. Jude Medical)
- 4.1.2 AngioDynamics, Inc
- 4.1.3 AtriCure Inc
- 4.2 Competitive dashboard, 2021
- 4.3 Company matrix analysis, 2021
- 4.4 Competitive analysis of major market players
- 4.5 Competitive positioning matrix
- 4.6 Strategic outlook matrix
Chapter 5 Cardiovascular Devices Market, By Devices Type
- 5.1 Key segment trends
- 5.2 Cardiac ablation devices
- 5.2.1 Market estimates and forecast, 2018 - 2032 (USD Million)
- 5.2.2 Radiofrequency ablators
- 5.2.2.1 Market estimates and forecast, 2018 - 2032 (USD Million)
- 5.2.3 Electric ablators
- 5.2.3.1 Market estimates and forecast, 2018 - 2032 (USD Million)
- 5.2.4 Cryoablation devices
- 5.2.4.1 Market estimates and forecast, 2018 - 2032 (USD Million)
- 5.2.5 Ultrasound devices
- 5.2.5.1 Market estimates and forecast, 2018 - 2032 (USD Million)
- 5.2.6 Others
- 5.2.6.1 Market estimates and forecast, 2018 - 2032 (USD Million)
- 5.3 Left atrial appendage closure devices
- 5.3.1 Market estimates and forecast, 2018 - 2032 (USD Million)
- 5.3.2 Endocardial LAA closure devices
- 5.3.2.1 Market estimates and forecast, 2018 - 2032 (USD Million)
- 5.3.3 Epicardial LAA closure devices
- 5.3.3.1 Market estimates and forecast, 2018 - 2032 (USD Million)
- 5.4 Endoscopic vessel harvesting devices
- 5.4.1 Market estimates and forecast, 2018 - 2032 (USD Million)
- 5.4.2 EVH systems
- 5.4.2.1 Market estimates and forecast, 2018 - 2032 (USD Million)
- 5.4.3 Endoscopes
- 5.4.3.1 Market estimates and forecast, 2018 - 2032 (USD Million)
- 5.4.4 Accessories
- 5.4.4.1 Market estimates and forecast, 2018 - 2032 (USD Million)
Chapter 6 Cardiovascular Devices Market, By End-use
- 6.1 Key segment trends
- 6.2 Hospitals
- 6.2.1 Market estimates and forecast, 2018 - 2032 (USD Million)
- 6.3 Centers ambulatory surgical
- 6.3.1 Market estimates and forecast, 2018 - 2032 (USD Million)
- 6.4 Cardiac centers
- 6.4.1 Market estimates and forecast, 2018 - 2032 (USD Million)
- 6.5 Others
- 6.5.1 Market estimates and forecast, 2018 - 2032 (USD Million)
Chapter 7 Cardiovascular devices Market, By Region
- 7.1 Key regional trends
- 7.2 North America
- 7.3 Europe
- 7.3.1 Germany
- 7.3.2 UK
- 7.3.3 France
- 7.3.4 Italy
- 7.3.5 Spain
- 7.4 Asia Pacific
- 7.4.1 Japan
- 7.4.2 China
- 7.4.3 India
- 7.4.4 Australia
- 7.4.5 South Korea
- 7.5 Latin America
- 7.5.1 Brazil
- 7.5.2 Mexico
- 7.5.3 Argentina
- 7.6 Middle East & Africa
- 7.6.1 South Africa
- 7.6.2 Saudi Arabia
- 7.6.3 UAE
Chapter 8 Company Profiles
- 8.1 Abbott Laboratories (St. Jude Medical)
- 8.2 AngioDynamics, Inc
- 8.3 AtriCure Inc
- 8.4 Biosense Webster (Johnson & Johnson)
- 8.5 Boston Scientific Corporation
- 8.6 Biotronik SE & Co. KG
- 8.7 CardioFocus
- 8.8 Getinge AB
- 8.9 Japan Lifeline
- 8.10 Karl Storz
- 8.11 Lepu Medical Technology(Beijing) Co. Ltd
- 8.12 Lifetech Scientific
- 8.13 Livanova PLC
- 8.14 Microport Scientific Corporation
- 8.15 Medical Instruments Spa
- 8.16 Medtronic Plc
- 8.17 Occlutech
- 8.18 Saphena Medical, Inc
- 8.19 Stereotaxis, Inc
- 8.20 Terumo Corporation
Data Tables
- TABLE 1 Global cardiovascular devices market, 2018 - 2024 (USD Million)
- TABLE 2 Global cardiovascular devices market, 2025 - 2032 (USD Million)
- TABLE 3 Global cardiovascular devices market, by device type, 2018 - 2024 (USD Million)
- TABLE 4 Global cardiovascular devices market, by device type, 2025 - 2032 (USD Million)
- TABLE 5 Global cardiovascular devices market, by end-use, 2018 - 2024 (USD Million)
- TABLE 6 Global cardiovascular devices market, by end-use, 2025 - 2032 (USD Million)
- TABLE 7 Global cardiovascular devices market, by region, 2018 - 2024 (USD Million)
- TABLE 8 Global cardiovascular devices market, by region, 2025 - 2032 (USD Million)
- TABLE 9 Industry impact forces
- TABLE 10 Cardiac ablation devices market size, by region, 2018 - 2024(USD Million)
- TABLE 11 Cardiac ablation devices market size, by region, 2025 - 2032 (USD Million)
- TABLE 12 Radiofrequency ablators market size, by region, 2018 - 2024 (USD Million)
- TABLE 13 Radiofrequency ablators market size, by region, 2025 - 2032 (USD Million)
- TABLE 14 Electric ablators market size, by region, 2018 - 2024 (USD Million)
- TABLE 15 Electric ablators market size, by region, 2025 - 2032 (USD Million)
- TABLE 16 Cryoablation devices ablators market size, by region, 2018 - 2024 (USD Million)
- TABLE 17 Cryoablation devices market size, by region, 2025 - 2032 (USD Million)
- TABLE 18 Ultrasound devices market size, by region, 2018 - 2024 (USD Million)
- TABLE 19 Ultrasound devices market size, by region, 2025 - 2032 (USD Million)
- TABLE 20 Others market size, by region, 2018 - 2024 (USD Million)
- TABLE 21 Others market size, by region, 2025 - 2032 (USD Million)
- TABLE 22 LAA closure device market size, by region, 2018 - 2024(USD Million)
- TABLE 23 LAA closure devices market size, by region, 2025 - 2032 (USD Million)
- TABLE 24 Endocardial LAA closure device market size, by region, 2018 - 2024 (USD Million)
- TABLE 25 Endocardial LAA closure device market size, by region, 2025 - 2032 (USD Million)
- TABLE 26 Epicardial LAA closure devices market size, by region, 2018 - 2024 (USD Million)
- TABLE 27 Epicardial LAA closure devices market size, by region, 2025 - 2032 (USD Million)
- TABLE 28 EVH devices market size, by region, 2018 - 2024(USD Million)
- TABLE 29 EVH devices market size, by region, 2025 - 2032 (USD Million)
- TABLE 30 EVH systems market size, by region, 2018 - 2024 (USD Million)
- TABLE 31 EVH systems market size, by region, 2025 - 2032 (USD Million)
- TABLE 32 Endoscopes market size, by region, 2018 - 2024 (USD Million)
- TABLE 33 Endoscopes market size, by region, 2025 - 2032 (USD Million)
- TABLE 34 Accessories market size, by region, 2018 - 2024 (USD Million)
- TABLE 35 Accessories market size, by region, 2025 - 2032 (USD Million)
- TABLE 36 Hospitals market size, by region, 2018 - 2024 (USD Million)
- TABLE 37 Hospitals market size, by region, 2025 - 2032 (USD Million)
- TABLE 38 Ambulatory surgical centers market size, by region, 2018 - 2024 (USD Million)
- TABLE 39 Ambulatory surgical centers market size, by region, 2025 - 2032 (USD Million)
- TABLE 40 Cardiac centers market size, by region, 2018 - 2024 (USD Million)
- TABLE 41 Cardiac centers market size, by region, 2025 - 2032 (USD Million)
- TABLE 42 Others market size, by region, 2018 - 2024 (USD Million)
- TABLE 43 Others market size, by region, 2025 - 2032 (USD Million)
- TABLE 44 North America cardiovascular devices market size, by country, 2018 - 2024 (USD Million)
- TABLE 45 North America cardiovascular devices market size, by country, 2025 - 2032 (USD Million)
- TABLE 46 North America cardiovascular devices market size, by device type, 2018 - 2024 (USD Million)
- TABLE 47 North America cardiovascular devices market size, by device type, 2025 - 2032 (USD Million)
- TABLE 48 North America cardiovascular devices market size, by cardiac ablation devices, 2018 - 2024 (USD Million)
- TABLE 49 North America cardiovascular devices market size, by cardiac ablation devices, 2025 - 2032 (USD Million)
- TABLE 50 North America cardiovascular devices market size, by LAA closure devices, 2018 - 2024 (USD Million)
- TABLE 51 North America cardiovascular devices market size, by LAA closure devices, 2025 - 2032 (USD Million)
- TABLE 52 North America cardiovascular devices market size, by EVH devices, 2018 - 2024 (USD Million)
- TABLE 53 North America cardiovascular devices market size, by EVH devices, 2025 - 2032 (USD Million)
- TABLE 54 North America cardiovascular devices market size, by end-use, 2018 - 2024 (USD Million)
- TABLE 55 North America cardiovascular devices market size, by end-use, 2021-2027 (USD Million)
- TABLE 56 U.S. cardiovascular devices market size, by device type, 2018 - 2024 (USD Million)
- TABLE 57 U.S. cardiovascular devices market size, by device type, 2025 - 2032 (USD Million)
- TABLE 58 U.S. cardiovascular devices market size, by cardiac ablation devices, 2018 - 2024 (USD Million)
- TABLE 59 U.S. cardiovascular devices market size, by cardiac ablation devices, 2025 - 2032 (USD Million)
- TABLE 60 U.S. cardiovascular devices market size, by LAA closure devices, 2018 - 2024 (USD Million)
- TABLE 61 U.S. cardiovascular devices market size, by LAA closure devices, 2025 - 2032 (USD Million)
- TABLE 62 U.S. cardiovascular devices market size, by EVH devices, 2018 - 2024 (USD Million)
- TABLE 63 U.S. cardiovascular devices market size, by EVH devices, 2025 - 2032 (USD Million)
- TABLE 64 U.S. cardiovascular devices market size, by end-use, 2018 - 2024 (USD Million)
- TABLE 65 U.S. cardiovascular devices market size, by end-use, 2025 - 2032 (USD Million)
- TABLE 66 Canada cardiovascular devices market size, by device type, 2018 - 2024 (USD Million)
- TABLE 67 Canada cardiovascular devices market size, by device type, 2025 - 2032 (USD Million)
- TABLE 68 Canada cardiovascular devices market size, by cardiac ablation devices, 2018 - 2024 (USD Million)
- TABLE 69 Canada cardiovascular devices market size, by cardiac ablation devices, 2025 - 2032 (USD Million)
- TABLE 70 Canada cardiovascular devices market size, by LAA closure devices, 2018 - 2024 (USD Million)
- TABLE 71 Canada cardiovascular devices market size, by LAA closure devices, 2025 - 2032 (USD Million)
- TABLE 72 Canada cardiovascular devices market size, by EVH devices, 2018 - 2024 (USD Million)
- TABLE 73 Canada cardiovascular devices market size, by EVH devices, 2025 - 2032 (USD Million)
- TABLE 74 Canada cardiovascular devices market size, by end-use, 2018 - 2024 (USD Million)
- TABLE 75 Canada cardiovascular devices market size, by end-use, 2025 - 2032 (USD Million)
- TABLE 76 Europe cardiovascular devices market size, by country, 2018 - 2024 (USD Million)
- TABLE 77 Europe cardiovascular devices market size, by country, 2025 - 2032 (USD Million)
- TABLE 78 Europe cardiovascular devices market size, by device type, 2018 - 2024 (USD Million)
- TABLE 79 Europe cardiovascular devices market size, by device type, 2025 - 2032 (USD Million)
- TABLE 80 Europe cardiovascular devices market size, by cardiac ablation devices, 2018 - 2024 (USD Million)
- TABLE 81 Europe cardiovascular devices market size, by cardiac ablation devices, 2025 - 2032 (USD Million)
- TABLE 82 Europe cardiovascular devices market size, by LAA closure devices, 2018 - 2024 (USD Million)
- TABLE 83 Europe cardiovascular devices market size, by LAA closure devices, 2025 - 2032 (USD Million)
- TABLE 84 Europe cardiovascular devices market size, by EVH devices, 2018 - 2024 (USD Million)
- TABLE 85 Europe cardiovascular devices market size, by EVH devices, 2025 - 2032 (USD Million)
- TABLE 86 Europe cardiovascular devices market size, by end-use, 2018 - 2024 (USD Million)
- TABLE 87 Europe cardiovascular devices market size, by end-use, 2025 - 2032 (USD Million)
- TABLE 88 Germany cardiovascular devices market size, by device type, 2018 - 2024 (USD Million)
- TABLE 89 Germany cardiovascular devices market size, by device type, 2025 - 2032 (USD Million)
- TABLE 90 Germany cardiovascular devices market size, by cardiac ablation devices, 2018 - 2024 (USD Million)
- TABLE 91 Germany cardiovascular devices market size, by cardiac ablation devices, 2025 - 2032 (USD Million)
- TABLE 92 Germany cardiovascular devices market size, by LAA closure devices, 2018 - 2024 (USD Million)
- TABLE 93 Germany cardiovascular devices market size, by LAA closure devices, 2025 - 2032 (USD Million)
- TABLE 94 Germany cardiovascular devices market size, by EVH devices, 2018 - 2024 (USD Million)
- TABLE 95 Germany cardiovascular devices market size, by EVH devices, 2025 - 2032 (USD Million)
- TABLE 96 Germany cardiovascular devices market size, by end-use, 2018 - 2024 (USD Million)
- TABLE 97 Germany cardiovascular devices market size, by end-use, 2025 - 2032 (USD Million)
- TABLE 98 UK cardiovascular devices market size, by device type, 2018 - 2024 (USD Million)
- TABLE 99 UK cardiovascular devices market size, by device type, 2025 - 2032 (USD Million)
- TABLE 100 UK cardiovascular devices market size, by cardiac ablation devices, 2018 - 2024 (USD Million)
- TABLE 101 UK cardiovascular devices market size, by cardiac ablation devices, 2025 - 2032 (USD Million)
- TABLE 102 UK cardiovascular devices market size, by LAA closure devices, 2018 - 2024 (USD Million)
- TABLE 103 UK cardiovascular devices market size, by LAA closure devices, 2025 - 2032 (USD Million)
- TABLE 104 UK cardiovascular devices market size, by EVH devices, 2018 - 2024 (USD Million)
- TABLE 105 UK cardiovascular devices market size, by EVH devices, 2025 - 2032 (USD Million)
- TABLE 106 UK cardiovascular devices market size, by end-use, 2018 - 2024 (USD Million)
- TABLE 107 UK cardiovascular devices market size, by end-use, 2025 - 2032 (USD Million)
- TABLE 108 France cardiovascular devices market size, by device type, 2018 - 2024 (USD Million)
- TABLE 109 France cardiovascular devices market size, by device type, 2025 - 2032 (USD Million)
- TABLE 110 France cardiovascular devices market size, by cardiac ablation devices, 2018 - 2024 (USD Million)
- TABLE 111 France cardiovascular devices market size, by cardiac ablation devices, 2025 - 2032 (USD Million)
- TABLE 112 France cardiovascular devices market size, by LAA closure devices, 2018 - 2024 (USD Million)
- TABLE 113 France cardiovascular devices market size, by LAA closure devices, 2025 - 2032 (USD Million)
- TABLE 114 France cardiovascular devices market size, by EVH devices, 2018 - 2024 (USD Million)
- TABLE 115 France cardiovascular devices market size, by EVH devices, 2025 - 2032 (USD Million)
- TABLE 116 France cardiovascular devices market size, by end-use, 2018 - 2024 (USD Million)
- TABLE 117 France cardiovascular devices market size, by end-use, 2025 - 2032 (USD Million)
- TABLE 118 Spain cardiovascular devices market size, by device type, 2018 - 2024 (USD Million)
- TABLE 119 Spain cardiovascular devices market size, by device type, 2025 - 2032 (USD Million)
- TABLE 120 Spain cardiovascular devices market size, by cardiac ablation devices, 2018 - 2024 (USD Million)
- TABLE 121 Spain cardiovascular devices market size, by cardiac ablation devices, 2025 - 2032 (USD Million)
- TABLE 122 Spain cardiovascular devices market size, by LAA closure devices, 2018 - 2024 (USD Million)
- TABLE 123 Spain cardiovascular devices market size, by LAA closure devices, 2025 - 2032 (USD Million)
- TABLE 124 Spain cardiovascular devices market size, by EVH devices, 2018 - 2024 (USD Million)
- TABLE 125 Spain cardiovascular devices market size, by EVH devices, 2025 - 2032 (USD Million)
- TABLE 126 Spain cardiovascular devices market size, by end-use, 2018 - 2024 (USD Million)
- TABLE 127 Spain cardiovascular devices market size, by end-use, 2025 - 2032 (USD Million)
- TABLE 128 Italy cardiovascular devices market size, by device type, 2018 - 2024 (USD Million)
- TABLE 129 Italy cardiovascular devices market size, by device type, 2025 - 2032 (USD Million)
- TABLE 130 Italy cardiovascular devices market size, by cardiac ablation devices, 2018 - 2024 (USD Million)
- TABLE 131 Italy cardiovascular devices market size, by cardiac ablation devices, 2025 - 2032 (USD Million)
- TABLE 132 Italy cardiovascular devices market size, by LAA closure devices, 2018 - 2024 (USD Million)
- TABLE 133 Italy cardiovascular devices market size, by LAA closure devices, 2025 - 2032 (USD Million)
- TABLE 134 Italy cardiovascular devices market size, by EVH devices, 2018 - 2024 (USD Million)
- TABLE 135 Italy cardiovascular devices market size, by EVH devices, 2025 - 2032 (USD Million)
- TABLE 136 Italy cardiovascular devices market size, by end-use, 2018 - 2024 (USD Million)
- TABLE 137 Italy cardiovascular devices market size, by end-use, 2025 - 2032 (USD Million)
- TABLE 138 Asia Pacific cardiovascular devices market size, by country, 2018 - 2024 (USD Million)
- TABLE 139 Asia Pacific cardiovascular devices market size, by country, 2025 - 2032 (USD Million)
- TABLE 140 Asia Pacific cardiovascular devices market size, by device type, 2018 - 2024 (USD Million)
- TABLE 141 Asia Pacific cardiovascular devices market size, by device type, 2025 - 2032 (USD Million)
- TABLE 142 Asia Pacific cardiovascular devices market size, by cardiac ablation devices, 2018 - 2024 (USD Million)
- TABLE 143 Asia Pacific cardiovascular devices market size, by cardiac ablation devices, 2025 - 2032 (USD Million)
- TABLE 144 Asia Pacific cardiovascular devices market size, by LAA closure devices, 2018 - 2024 (USD Million)
- TABLE 145 Asia Pacific cardiovascular devices market size, by LAA closure devices, 2025 - 2032 (USD Million)
- TABLE 146 Asia Pacific cardiovascular devices market size, by EVH devices, 2018 - 2024 (USD Million)
- TABLE 147 Asia Pacific cardiovascular devices market size, by EVH devices, 2025 - 2032 (USD Million)
- TABLE 148 Asia Pacific cardiovascular devices market size, by end-use, 2018 - 2024 (USD Million)
- TABLE 149 Asia Pacific cardiovascular devices market size, by end-use, 2025 - 2032 (USD Million)
- TABLE 150 China cardiovascular devices market size, by device type, 2018 - 2024 (USD Million)