After a cardiac surgery, arrhythmias are commonly observed. Hence, cardiac pacing leads are attached to the myocardium at the end of the surgery. The cardiac pacing leads are connected to the external pacing device which senses the electrical activity of the heart and paces it whenever necessary. These leads are placed in right atrium, right ventricle, or both. When only one chamber is paced it is called as single-chamber pacing and when both chambers are paced for atria and ventricles synchronization, it is referred to as dual-chamber pacing.
MARKET DYNAMICS
The cardiac pacing leads market is anticipated to grow in the forecast, rising incidences of cardiovascular diseases, growing demand for minimally invasive surgeries and rising geriatric population. In addition, increasing product development like implantable micro pacemakers for fetal use is expected to offer significant growth opportunities in the market during the forecast period.
MARKET SCOPE
The "Cardiac pacing leads market Analysis to 2028" is a specialized and in-depth study of the medical device industry with a special focus on the global market trend analysis. The report aims to provide an overview of cardiac pacing leads market with detailed market segmentation by product type, application, technique, age group and end user and geography. The cardiac pacing leads market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading cardiac pacing leads market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The cardiac pacing leads market is segmented on the basis of product type, application, technique, age group and end user. Based on product type the market is segmented as unipolar pacing leads, bipolar pacing leads. The application segment is divided into cardiothoracic surgeries, acute myocardial infarction, bradycardia, heart blocks, sick sinus syndrome, and congestive heart failure. The technique market is divided into epicardial pacing, transvenous pacing, and transcutaneous pacing. The age group segment is further divided into adult and pediatric. On the basis of end user the market is segmented into hospitals, clinics, catheterization laboratories, and ambulatory surgical centers.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the cardiac pacing leads market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The cardiac pacing leads market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting cardiac pacing leads market from both demand and supply side and further evaluates market dynamics affecting the market during forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the cardiac pacing leads market in these regions.
MARKET PLAYERS
The report covers key developments in the cardiac pacing leads market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from cardiac pacing leads market are anticipated to have lucrative growth opportunities in the future with the rising demand for cardiac pacing leads market in the global market. Below mentioned is the list of few companies engaged in the cardiac pacing leads market.
The report also includes the profiles of key cardiac pacing leads market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Medtronic Plc
- Becton, Dickinson and Company
- B. Braun Melsungen AG
- Abbott
- Edwards Lifesciences Corporation
- Teleflex Incorporated
- Oscor Inc.
- Vance Street Capital LLC
- Osypka AG
- BioTrace Medical Inc