Asia-Pacific cardiovascular devices market is estimated to grow at the CAGR of 6.6% during the forecast period. Countries in Asia-Pacific that are contributing to the market growth include China, India, and Japan. The rising healthcare expenditure of the countries along with the huge R&D investment by major medical devices companies of the region are anticipated to promote the growth of the Asia-Pacific cardiovascular devices market. Asia-Pacific cardiovascular devices market is bifurcated on the basis of type of devices into diagnostic and monitoring devices and surgical devices. The cardiovascular devices market based on diagnostic and monitoring devices is further segmented into MRI, electrocardiogram (ECG), remote cardiac monitoring, cardiac CT, and others.
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ECG drives the global cardiovascular diagnostics and monitoring devices market. The ECG is widely recommended to the CVD patients in order to keep a track of the disease. Moreover, the integration of advanced technologies, such as AI, in ECG will further augment the market growth during the forecast period. Whereas the cardiovascular devices market based on surgical devices is further segmented into stents, catheters, cardiac assist devices, cardiac rhythm management device, and others. The stents contribute significantly in the cardiovascular surgical devices market.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Market Segmentation
Asia-Pacific Cardiovascular Devices Market by Type
- Diagnostic and Monitoring Devices
- MRI
- Electrocardiogram (ECG)
- Remote Cardiac Monitoring
- Cardiac CT
- Others (PET scan)
- Surgical Devices
- Stents
- Catheters
- Cardiac Assist Devices
- Cardiac Rhythm Management Device
- Others (Heart Valves and Grafts)
Regional Analysis
- China
- Japan
- India
- Rest of Asia-Pacific
Company Profiles
- Abbott Laboratories
- Braun Melsungen AG
- Becton, Dickinson and Co.
- Boston Scientific Corp.
- Cardinal Health Inc.
- Cook Medical, Inc.
- Edwards Lifesciences Corp.
- GE Healthcare (General Electric Co.)
- Johnson & Johnson Services, Inc.
- Koninklijke Philips N.V.
- Lepu Medical Technology (Beijing) Co., Ltd.
- Medtronic PLC
- Siemens AG
- Smith & Nephew PLC
- Stryker Corp.
- Terumo Corp.
The Report Covers
- Comprehensive research methodology of the Asia-Pacific cardiovascular devices market.
- This report also includes a detailed and extensive market overview with key analyst insights.
- An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting the Asia-Pacific cardiovascular devices market.
- Insights about market determinants which are stimulating the Asia-Pacific cardiovascular devices market.
- Detailed and extensive market segments with regional distribution of forecasted revenues.
- Extensive profiles and recent developments of market players.
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