Temporary pacing leads market is expected to show significant growth over the forecast period due to increasing prevalence of cardiovascular disease globally. According to World Health Organization, 17.5 Mn people died in 2016 from cardiovascular diseases. World Health Organization also stated that more than 75% cardiovascular disease occur in low-income countries which is the opportunity for temporary pacing leads market to grow in Middle East region. Among all end user, hospital segment will dominate the market for temporary pacing leads over the forecast period as the majority cardiac diseases are treated at hospitals. Leading manufacturer of temporary pacing leads focusing to expand their regional presence in the emerging geographies such as APAC and MEA by collaborating with the distributers.
The temporary pacing lead, a small catheter with two electrodes. It is placed in the right ventricle of the heart through a vein in the groin or neck. The lead of temporary pacing leads is connected to an external pacemaker which also the physician to monitor and control the heart rate of patients. Temporary pacing leads emits electrical stimulus to heart for producing the depolarization of cardiac cells. Temporary pacing leads used when a permanent pacemaker is either not necessary or is not immediately available. Temporary pacing lead include two components viz. conductive leads and electrode wire. The implantation of temporary pacing leads in the epicardium or myocardial tissue of the atria or ventricles of the cardiac patient’s heart is a typical surgery for the surgeon.
Temporary Pacing Leads Market : Drivers and Restraints
The increase prevalence of cardiac disease led is the primary factor responsible for the growth of temporary pacing leads market. According to the American Heart Association, globally over 80 million people suffering from heart health problems. This is occurring due to change in life style of people and consumption of high amount of fats and sugar. Rising preference of cardiologist for the use of temporary pacing to re-establish circulatory integrity and normal hemodynamics will significantly drive the growth of this market. Rising geriatric population and increased demand for minimally invasive surgeries are expected to drive temporary pacing leads market globally. The lack of skilled profession and less awareness among the people in undeveloped economies will lead to sluggish growth of this market. The high prices of temporary pacing leads high risk of complication during the surgeries can also deter the growth of this market.
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Temporary Pacing Leads Market: Key Players
Examples of some of the market participants in Temporary Pacing Leads market identified across the value chain include Medtronic plc, OSCOR Inc, B. Braun Melsungen AG, Biotronik, Sorin Group, Biosensors, Vitatron, Estech, Greatbatch Medical and others.
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.
The report covers exhaust analysis on:
- Market Segments
- Market Dynamics
- Market Size
- Supply & Demand
- Current Trends/Issues/Challenges
- Competition & Companies involved
- Technology
- Value Chain
Regional analysis includes:
- North America (U.S., Canada)
- Latin America (Mexico. Brazil)
- Western Europe (Germany, Italy, France, U.K, Spain)
- Eastern Europe (Poland, Russia)
- Asia Pacific (China, India, ASEAN, Australia & New Zealand)
- Japan
- Middle East and Africa (GCC Countries, S. Africa, Northern Africa)
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
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The global Temporary Pacing Leads market is classified on the basis of product type, technique end user and geographic region.
Based on product type, Temporary Pacing Leads market is segmented into following:
- Unipolar Temporary Pacing Leads
- Bipolar Temporary Pacing Leads
Based on technique, Temporary Pacing Leads market is segmented into following:
- Transcutaneaous Pacing
- Transvenous Pacing
- Epicardial Pacing
Based on end user, Temporary Pacing Leads market is segmented into following:
- Hospitals
- Ambulatory Surgical Centers
- Cardiac Catherization Centers
Report Highlights:
- Detailed overview of parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
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