Medtronic received FDA approval and launched the Azure pacemaker with BlueSync technology in the US market.
The article cited AMA's Global Cardiac Pacing Market Study explored substantial growth with CAGR of 3.2%. According the report, Adoption of Advanced Technology in Cardiac Pacing is one of the primary growth factors for the market. Increasing Burden of Cardio Vascular Diseases
is also expected to contribute significantly to the Cardiac Pacing market. Overall, Bradycardia
applications of Cardiac Pacing, and the growing awareness of them, is what makes this segment of the industry important to its overall growth.
AMAs Analyst on the Global Cardiac Pacing market identified that the demand is rising in many different parts of the world as "Increasing Incidences of Cardiac Diseases Including Atrioventricular Blocks, Cardiac Arrest, Sick Sinus Syndrome and Ventricular Fibrillation Worldwide"
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Cardiac Pacing market by Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Cardiac Pacing market and other related sub-markets covered in the study.
o Key & emerging players in the Cardiac Pacing market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Cardiac Pacing market size is calculated using market estimation process, the Cardiac Pacing market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Cardiac Pacing market size has been validated using both top-down and bottom-up approaches.