The Heart Blocks Treatment Devices Global Market Report 2023, provides comprehensive information on the heart blocks treatment devices market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
Learn More On The Heart Blocks Treatment Devices Market’s Growth:
The global heart blocks treatment devices market size is expected to grow from $2.92 billion in 2022 to $3.11 billion in 2023 at a compound annual growth rate (CAGR) of 6.44%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The size of heart blocks treatment devices market is expected to reach $3.88 billion in 2027 at a CAGR of 5.67%.
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Technological advancements are a key trend gaining popularity in the heart blocks treatment devices market. Companies operating in the heart blocks treatment devices market are adopting new technologies to sustain their position in the market. For instance, in January 2023, Medtronic, a US-based company engaged in services, medical technology, and solutions launched the world’s smallest pacemaker to treat heart block. Micra AV is a miniature, fully self-contained pacemaker that uses a minimally invasive method to provide patients with an atrioventricular (AV) block with innovative pacing technology. This pacemaker is the first to be able to detect atrial activity without the use of a lead or other accessory in the upper chamber of the heart.
The heart blocks treatment devices market is segmented:
1) By Type: First-Degree Heart Block, Second-Degree Heart Block, Third-Degree Heart Block
2) By Product: Transcutaneous Pacing (TCP), Pacemaker, Mediation, Follow-Up Electrophysiology Study
3) By End-user: Hospital Testing, Home treatment, Clinics, Other End-Users
North America was the largest region in the heart blocks treatment devices market in 2022.
The table of contents in TBRC’s heart blocks treatment devices market report includes:
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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