Emerging Markets for Cardiac Medical Devices

DUBLIN, January 29, 2014 /PRNewswire/ --

Research and Markets (http://www.researchandmarkets.com/research/nskl9w/cardiac_medical) has announced the addition of the "Emerging Markets for Cardiac Medical Devices" report to their offering. 

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BRICSS Market Watch:

The broad health care' division has been witnessing a rapid growth and technological improvements varying from sector to sector since the past 3-5 years. The evolution of cardiac devices has opened new vistas in the health care industry. Growth rate exhibited by the cardiac devices industry, even during the recession years, confirms the positive growth prospects going ahead.

BRICSS Cardiac Medical Devices market forecasts to reach at US$11.9 billion by 2015 at a CAGR of 10.9% during the analysis period 2009-2015. China accounts for nearly 27% of the global value and India claims approximately 23% of the market. In terms of CAGR, China and India are the fastest growing regions (12.3% each) while South Korea is just behind. Among the segments, Cardiac Rhythm Management accounts for nearly 30% of the overall market; Interventional Cardiac Devices and Cardiac Monitoring and Diagnostic Devices stand at second and third positions respectively. The CAGR projections for CM&D depict the largest value, indicative of an improved investment returns in the upcoming years. The following table describes the respective market value (2015) and CAGR (2012-2015) as per Axis Research Mind forecasts.

Segment Expected Market Value by 2015 - (US$ Billion) CAGR-% forecasts (2012-2015)
Cardiac Rhythm Management Devices (CRM) 3.6 10.9
Interventional Cardiac Devices (ICD) 3.2 11.9
Cardiac Monitoring and Diagnostic Devices (CM&D) 2.4 12.6
Peripheral Vascular Devices (PVD) 0.9 11.1
Electrophysiology (EP) Devices 0.8 11.1
Cardiac Prosthetic Devices (CPD) 0.4 11.0

Report Focus:

The report Cardiac Medical Devices - Emerging Markets (Brazil, Russia, India, China, South Africa and South Korea), 2009-2015' reviews the latest trends in cardiac devices segment with a perceptive attempt to disclose the near-future growth prospects. An in-depth analysis on a geographic basis provides strategic business intelligence for healthcare sector investments. The study reveals profitable investment strategies for pharmaceutical manufacturers, biotechnology companies, laboratories, Contract Research Organizations (CROs), government organizations and many more in preferred locations. 

The report primarily focuses on:

• Emerging Market Trends
• Advancements in the Technological Space
• Market Demand Of The Segments (By-Region)
• Key Growth Areas and Market Size
• Region-Wise Demand Factor
• Key Competitors Edge
• Investment Strategies

The report covers the market analysis by product types. The subdivisions are as:

Cardiac Rhythm Management Devices (CRM)
1. Cardiac Defibrillators
2. Cardiac Pacemakers
3. Cardiac Resynchronization Therapy (CRT)
4. Surgical Ablation & 
5. Others

Interventional Cardiac Devices (ICD)
1. Coronary Stents
2. PTCA Balloons
3. Cardiac Catheters
4. Intravascular Ultrasound Catheters (IVUS)
5. Coronary Guidewires
6. Arteriotomy Closure Devices &
7. Introducer Sheaths and Others

Cardiac Monitoring and Diagnostic Devices (CM&D)
1. Electrocardiography Devices (ECG)
2. Event Monitors (Manual and Automatic)
3. Cardiac Stimulating Devices
4. Remote Cardiac Monitors
5. Holter Monitors
6. Others (Wrist Rate Monitors, Strapped Rate Monitors)

Peripheral Vascular Devices (PVD)
1. Peripheral Vascular Stents
2. PTA Balloon Catheters
3. Aortic Stent Graft
4. Inferior Vena Cava (IVC) Filters
5. Embolic Protection Devices (EPD)
6. Peripheral Guidewires
7. Synthetic Surgical Grafts
8. Others

Electrophysiology (EP) Devices
1. Diagnostic Electrophysiology Catheters
2. EP Laboratory Devices
3. EP Ablation Catheters
4. Others

Cardiac Prosthetic Devices (CPD)
1. Mechanical Heart Valves
2. Tissue Heart Valves &
3. Transcatheter Heart Valves



For more information visit http://www.researchandmarkets.com/research/nskl9w/cardiac_medical

Media Contact: Laura Wood , +353-1-481-1716, press@researchandmarkets.net

SOURCE Research and Markets