Report : Europe Cardiovascular Devices Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Device [Electrocardiography (ECG), Pacemaker, Stent, Defibrillator, Cardiac Catheter, Guidewire, Heart Valve, Event Monitor, and Others], Application (Coronary Heart Disease, Sudden Cardiac Arrest, Stroke, Cerebrovascular Heart Disease, and Others), and End-User (Hospitals, Ambulatory Surgery Centers, and Cardiac Centers)
Hospitals Segment to Dominate Europe Cardiovascular Devices market Forecast to 2028 during 2019–2028
According to a new market research study on the Europe Cardiovascular Devices market Forecast to 2028 –– by device, application vertical and countries is expected to reach US$ 22,973.31 million by 2028 from US$ 14,196.22 million in 2021. The market is estimated to grow at a CAGR of 7.1% from 2021 to 2028. The report provides trends prevailing in the Europe Cardiovascular Devices market along with the drivers and restraints pertaining to the market growth. Increasing prevalence of cardiovascular diseases is the major factor driving the growth of the Europe Cardiovascular Devices market. However, issues associated with high cost of products and procedures the growth of Europe Cardiovascular Devices market.
The Europe Cardiovascular Devices market segmented into device, application, end user and country. Based on device the Europe Cardiovascular Devices market is segmented into electrocardiography (ECG), pacemaker, stent, defibrillator, cardiac catheter, guidewire, heart valve, event monitor, and others. The event monitor segment is dominated Europe Cardiovascular Devices market in 2020.Based on application the Europe Cardiovascular Devices market segmented into coronary heart disease, sudden cardiac arrest, stroke, cerebrovascular heart disease and others. The coronary heart disease segment Europe Cardiovascular Devices market Dominated in 2020. Based on end-user the Europe Cardiovascular Devices market segmented into hospitals, ambulatory surgery centers and cardiac centers. The hospitals segment is dominated Europe Cardiovascular Devices market in 2020.Based on country, The Europe Cardiovascular Devices market segmented into Germany, France, UK, Italy, Spain, RoE. The Germany is dominated the Europe Cardiovascular Devices market in 2020.
Medtronic, Boston Scientific Corporation, Abbott, Jhonson and Jhonson Service Inc, General Electric Company,Koninlijke Philips N.V, Siemens Healthineers AG, BD,B.Bruna melsungen AG and Edwards Lifesciences Corporation are among the leading companies in Europe Cardiovascular Devices market. For instance, Nov-2020 Boston Scientific Corporation announced it had initiated a Europe, voluntary recall of all unused inventory of the LOTUS Edge Aortic Valve System due to complexities associated with the product delivery system. The voluntary recall is related solely to the delivery system, as the valve continues to achieve positive and clinically effective performance post-implant. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in dynamic market
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