Indian Cardiovascular Devices Market 2022 Driving Factors Forecast Research 2028

Indian cardiovascular devices market is estimated to grow significantly at a CAGR of 7.2% during the forecast period. This growth is backed by the lack of physical activity, obese population, alcohol consumption, and smoking. For instance, a team of scientists from India found that one in five young adults in India, which amounts to 80 million people, has the problem of high blood pressure. The researchers presented their results at the 70th Annual Conference of the Cardiological Society of India in 2018. High blood pressure is the leading cause of premature death. In addition, individuals with high blood pressure are at risk of contracting a host of other health conditions, such as heart attack, stroke, heart failure, atrial fibrillation, chronic kidney disease, and cognitive decline.

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Indian 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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  • 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

Indian 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)

Company Profiles

  • Abbott Laboratories
  • Braun Melsungen AG
  • Becton, Dickinson and Co.
  • Boston Scientific Corp.
  • Edwards Lifesciences Corp.
  • GE Healthcare (General Electric Co.)
  • Johnson & Johnson Services, Inc.
  • Koninklijke Philips N.V.
  • Medtronic PLC
  • Siemens AG
  • Stryker Corp.
  • Terumo Corp.

The Report Covers

  • Comprehensive research methodology of the Indian 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 Indian cardiovascular devices market.
  • Insights about market determinants which are stimulating the Indian 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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