European cardiovascular devices market is estimated to grow modestly, at a CAGR of 3.5%, during the forecast period. The key driving factor of the market in the region is the increasing prevalence of CVD and rising geriatric population, thereby promoting the growth of the market in the near future. European 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. 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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Geographically, European cardiovascular devices market is segmented into Germany, UK, France, Italy, Spain, and rest of Europe. Germany contributed the major share in the European cardiovascular devices market. The growth is owing to the various healthcare facilities and well-developed healthcare infrastructure. UK and France have a world-class healthcare system providing a stable platform for the growth of the cardiovascular devices market in the respective countries. Apart from the major European countries, Switzerland, the Netherlands, Denmark, Norway Ireland, Hungary, and Belgium are some other countries of Europe that are providing a significant contribution to the growth of the cardiovascular 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
European Cardiovascular DevicesMarket 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
- UK
- Germany
- Italy
- France
- Spain
- Rest of Europe
Company Profiles
- Abbott Laboratories
- Braun Melsungen AG
- Becton, Dickinson and Co.
- Boston Scientific Corp.
- Edwards Lifesciences Corp.
- Fresenius SE & Co. KGaA
- GE Healthcare (General Electric Co.)
- Getinge AB
- Johnson & Johnson Services, Inc.
- Koninklijke Philips N.V.
- Medtronic PLC
- Siemens AG
- Smith & Nephew PLC
- Stryker Corp.
- Terumo Corp.
The Report Covers
- Comprehensive research methodology of the European 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 European cardiovascular devices market.
- Insights about market determinants which are stimulating the European 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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