External Pacemakers Market: Dynamics
The growing demand generated due to increasing incidence of bradycardias owing to cardiopathies such as myocardial infarction, sinus node dysfunction and complete heart block are the prime clinical drivers of the external pacemakers market.
According to the center for disease control and prevention, about 610,000 U.S. citizens die of heart disease each year with more than half of the deaths due to heart disease are in men. Coronary heart disease (CHD) is the major heart disease, resulting in over 370,000 deaths each year. The statistics also point to the fact that about 735,000 Americans suffer a heart attack each year. Speaking in economic terms, heart disease costs about obesity $200 billion each year to the U.S. exchequer, which includes the cost of health care services, medications, and lost productivity. Thus a large external pacemakers market is well evident even to an untrained eye.
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The demographic drivers of the external pacemakers market include growing geriatric population, sedentary lifestyles, obesity, substance abuse, fatty food and others. The growing incidence of diseases such as diabetes, and hypertension indirectly aid the market growth as they result in greater risk of developing cardiopathies. According to the center for disease control and prevention, approximately 75 million Americans representing 32 % of the population suffer from hypertension.
External Pacemakers Market: Segmentation
To gain a bird’s eye view of the global external pacemakers market, the report is segmented on the basis of pacing type, modality, distribution channels and region.
By pacing type:
- Esophageal pacing
- Transcutaneous pacing
- Transvenous pacing
- Epicardial pacing
By modality:
- Single chamber
- Dual chamber
By end users:
- Hospitals
- Clinics
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External Pacemakers Market: Market Participants
Some of the major vendors operating in the global external pacemakers market are Medtronic, OSCOR Inc, OSYPKA AG, Boston Scientific Corporation, Fluke, Shree Pacetronix Ltd., Abbott, Avery Biomedical Devices, Inc., St. Jude Medical, and others.
The global external pacemakers 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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