News in numbers Cardiovascular devices market size 2023–34 ($bn) 60 $49.59 50 $41.85 40 30 20 10 0 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 Source:
www.precedenceresearch.com/medical-devices-market Wearable cardiac devices market size 2023–33 ($bn) 13 $12.74
11.7 10.4 9.1 7.8 6.5 5.2 3.9 2.6 1.3 0
$10.07 $8.07 $6.47 $4.16 $2.67 $1.38 2023 $1.72 2024 $2.14 $3.33 $5.18
Demand is rising for wearables and minimally invasive procedures
2025 2026 2027 2028 2029 2030 2031 2032 2033 Source:
www.precedenceresearch.com/wearable-cardiac-devices-market
Interventional cardiology devices market size 2024–34 ($bn) 12
10 $8.79 8 6 $4.69 4 2 0 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 Source:
www.precedenceresearch.com/interventional-cardiology-devices-market
Technological advances will be key in driving growth...
Minimally invasive procedures Robotic-assisted surgeries Wearable heart monitoring Newer-generation stents Extended battery life pacemakers AI-powered diagnostic tools
...Yet high costs and approval issues risk hindering it
Advanced devices Regulatory requirements
$5.02 $5.39 $5.78 $6.20 $6.64 $7.13 $7.64 $8.19 $9.59
The compound annual growth rate (CAGR) of the US wearable cardiac device market from 2024 to 2033.
24.89% device market as of 2023. cardiology device market in 2024.
61% 45%
$802.32bn $128.12bn
The sales revenue from cardiovascular surgical devices in the US in 2024.
The sales revenue from cardiovascular surgical devices in the UK in 2024.
Source:
www.renub.com/
united-states-cardiovascular-devices-market-p.php Medical Device Developments /
www.medicaldevice-developments.com
Source:
www.cognitivemarketresearch.com/cardiovascular- surgical-devices-market-report
13 7.41%
The compound annual growth rate (CAGR) of
the US interventional cardiology device market from 2024 to 2034.
The percentage of North America’s share of the global
The percentage of North America’s share of the global wearable cardiac
$21.11 $22.78 $24.58 $26.52 $28.62 $30.88 $33.32 $35.95 $38.79 $45.16
Cardiology devices are expected to have the highest growth
market from 2025 to 2030. 7.7%
$239.9bn 33 seconds
The compound annual growth rate (CAGR) of the Cardiology device
The fi nancial burden of heart disease in the US
The frequency that a single person dies due to cardiovascular disease in the US
Source:
www.grandviewresearch.com/industry-analysis/us- medical-device-manufacturers-market
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