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Global Market Watch:The broad 'health care' division has been witnessing a rapid growth and technological improvements varying from sector to sector since the past 3-5 years. The evolution of cardiac devices has opened new vistas in the health care industry. Growth rate exhibited by the cardiac devices industry, even during the recession years, confirms the positive growth prospects going ahead.Global Cardiac Medical Devices market forecasts to reach at
US$65.6 billion by 2015 at a CAGR of 9.8% during the analysis period 2009-2015. The North American segment accounts for approximately 40% of the global value while
Europe claims nearly 30% of the market.
Asia-Pacific is the fastest growing region with a CAGR of 11.6% driving a market value of
US$17.9 billion by 2015. Among the segments, Cardiac Rhythm Management accounts for nearly 35% of the overall market; Interventional Cardiac Devices and Cardiac Monitoring and Diagnostic Devices stand at second and third positions respectively. On a global scale, CAGR projections for CM&D devices depict the largest value, indicative of an improved investment returns in the upcoming years. The following table describes the respective market value (2015) and CAGR (2012-2015) as per Axis Research Mind forecasts.
Report Focus:The report 'Global Cardiac Medical Devices - Market Growth Analysis, 2009-2015' reviews the latest trends in cardiac devices with a perceptive attempt to disclose the near-future growth prospects. An in-depth analysis on a geographic basis provides strategic business intelligence for healthcare sector investments. The study reveals profitable investment strategies for pharmaceutical manufacturers, biotechnology companies, laboratories, Contract Research Organizations (CROs), government organizations and many more in preferred locations.
The report primarily focuses on:• Emerging Market Trends• Advancements in the Technological Space• Market Demand Of The Segments (By-Region)• Key Growth Areas and Market Size• Region-Wise Demand Factor• Key Competitors Edge• Investment StrategiesThe report covers the market analysis by product types.
The subdivisions are as:
Cardiac Rhythm Management Devices (CRM)1. Cardiac Defibrillators2. Cardiac Pacemakers Devices3. Cardiac Resynchronization Therapy (CRT) Devices4. Surgical Ablation & 5. Others