Market Highlights: Cardiac pacemaker is a small battery operated electrical device used for treatment of arrhythmias in patients suffering from irregular heartbeat. It sends a signal to patient heart that helps the heart beat in a regular rhythm or at the correct pace. In the current scenario, advancement in cardiac surgery, and the sedentary lifestyle of people has led to the increase in number of people being susceptible to numerous cardiac diseases, which in turn is boosting the growth of cardiac pacemaker market globally. Moreover, the surging number of geriatric population across the world is yet another determinant fuelling the growth of the very market. The market study is being classified by Type (Implantable Cardiac Pacemaker and External Cardiac Pacemaker), by Application (Heart Block, Sick Sinus Syndrome, Diagnosing Heart Diseases and Other) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Key Players: The prominent players in the Cardiac Pacemaker are Medtronic (Ireland), Biotronik (Germany), Boston Scientific (United States), St.Jude Medical (United States), Shree Pacetronix (India), Oscor (United States), Galix Biomedical Instrumentation (United States), Osypka Medical Inc. (United States), Abbott (United States) and Cook Medical Inc. (United States).
In April 2019, Oscor announced a strategic alliance with micro interventional devices that leverages each company’s unique strengths and capabilities to further develop and commercialize innovative solution to structural heart disease, specifically, MID’s MIATM, Minimally Invasive Annuloplasty, technology.
Key Questions Answered in the Report What will the Cardiac Pacemaker Market size and the growth rate be in Future? What are the key factors driving the Cardiac Pacemaker Market? What are the key market trends and macro-economic impacting the growth of the Cardiac Pacemaker Market? What are the challenges to market growth? Who are the key vendors in the Cardiac Pacemaker Market? What are the market opportunities and threats faced by the vendors in the Cardiac Pacemaker Market? Trending factors influencing the market shares of the Players. What are the key outcomes of the five forces analysis of the Cardiac Pacemaker Market?
Research Methodology: The top-down and bottom-up approaches are used to estimate and validate the size of the Global Cardiac Pacemaker market. In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Cardiac Pacemaker market. In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc. Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Cardiac Pacemaker Manufacturers, Component Supplier, End-User and Other. This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth etc. Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.