Renub

    United States Cardiovascular Devices Market, Size, Share, Forecast 2024-2030, Industry Trends, Growth, Insight, Top Companies Analysis

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    Mar 2024
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    United States Cardiovascular Devices Market Outlook

    United States Cardiovascular Devices Market is predicted to be priced at around US$ 25.60 Billion by 2030, according to Renub Research. Cardiovascular devices are essential in healthcare, comprising numerous clinical equipment crucial for diagnosing, treating, and coping with cardiovascular conditions. From pacemakers and stents to defibrillators and heart valves, those technologies notably improve affected person care, lessen hospitalizations, and enhance the quality of existence for those with cardiovascular problems. Their non-stop improvements underscore their essential position in modern healthcare, ensuring better consequences and advanced living standard requirements for people suffering from cardiovascular sicknesses.


    United States Cardiovascular Devices Market is anticipated to undergo a CAGR of 6.32% during the forecast years (2024 to 2030)

    The market is significantly increasing because of the upward push in cardiovascular sicknesses. As per the American Heart Association, cardiovascular disease (CVD) remains the main reason for death in the United States, with 928,741 casualties attributed to it. As cardiovascular situations remain a significant purpose of mortality and morbidity in the US, there may be a growing need for superior scientific devices to diagnose, treat, and manage those illnesses. The increasing prevalence of risk factors, including weight problems, high blood pressure, and diabetes, fuels the market's growth. Consequently, producers are investing in innovation and developing new cardiovascular devices to satisfy growing healthcare wishes, expanding the increase in the United States cardiovascular devices market.

    Technology is pivotal in employing growth in the United States cardiovascular devices market. Advancements, including minimally invasive methods, superior imaging techniques, and innovative materials, enhance the efficacy and protection of cardiovascular interventions. Further, trends in wearable technology and remote monitoring structures permit higher control of cardiac conditions in outdoor traditional medical settings. These technological improvements enhance patient results, lessen healing times, and increase the efficiency of cardiovascular tactics, thereby stimulating the demand and fueling growth in the market. Hence, the United States cardiovascular devices market was US$ 16.67 Billion in 2023.

    Numerous market players actively enforce strategic tasks, propelling an increase in the United States cardiovascular devices market. These initiatives involve research and improvement efforts to introduce progressive technologies, collaborations for collective know-how, and strategic partnerships to enhance market presence. By fostering non-stop improvements and increasing their product portfolios, those businesses contribute to the evolving panorama of cardiovascular care within the U.S. For instance, Myocardial Solutions, Inc. And United Imaging, Inc. have partnered strategically to open the cancer care and cardiology market for speedy cardiac magnetic resonance (M.R.) imaging. These proactive engagements reflect a commitment to addressing the growing occurrence of cardiovascular diseases and the U.S.'s rising need for superior clinical solutions.


    In the United States cardiovascular devices market, diagnostics and monitoring devices have a significant presence

    The United States cardiovascular device market is broken up by device type into Diagnostics and Monitoring Devices and Therapeutic and Surgical Devices. Diagnostic and monitoring devices are prominent in the United States cardiovascular devices market. This is because of their crucial role in sickness control and prevention. These devices allow healthcare professionals to diagnose cardiac situations, monitor patient health, and examine treatment effectiveness. With the prevalence of cardiovascular diseases at an upward push, the demand for reliable diagnostic tools keeps developing. From electrocardiography (ECG) machines to portable heart monitors, these devices empower early detection and proactive control of cardiovascular conditions, propelling their popularity in the cardiovascular device market in the United States.


    Coronary artery disease is commonly treated in the United States cardiovascular device market

    By application, the United States cardiovascular device market is categorized into Coronary Artery Disease (CAD), Cardiac Arrhythmia, Heart Failure, and Others. Coronary artery disease (CAD) is one of the conventional applications in the United States cardiovascular devices market due to its significant effect on public health. As a primary motive of heart-related morbidity and mortality, CAD necessitates a wide array of medical devices for analysis, treatment, and management. From stents and angioplasty balloons for revascularization to superior imaging technology like coronary angiography, the various devices cater to the complex desires of people living with CAD. The incidence of CAD underscores the continuing demand for revolutionary cardiovascular devices, solidifying its prominence in the market.


    Utilization of diagnostic centers is among the highest in the cardiovascular devices market of the United States

    By end-user, the United States cardiovascular device market is separated into Hospitals and Clinics, Ambulatory Surgical Centers, Diagnostic Centers, Cardiac Catheterization Laboratories, and Others. Diagnostic facilities are one of the most used in the United States cardiovascular devices market. This is because of their pivotal role in cardiovascular fitness evaluation and control. These facilities house diverse diagnostic devices, including echocardiography machines, stress tests, and cardiac catheterization labs, allowing for comprehensive assessment and accurate analysis of cardiac conditions. With early detection and specific evaluation essential in cardiovascular care, diagnostic centers are important hubs for patient assessment, propelling their full-size usage in the market.


    California is among the major players in the United States cardiovascular devices market

    By states, the United States cardiovascular device market is divided into California, Texas, New York, Florida, Illinois, Pennsylvania, Ohio, Georgia, New Jersey, Washington, North Carolina, Massachusetts, Virginia, Michigan, Maryland, Colorado, Tennessee, Indiana, Arizona, Minnesota, Wisconsin, Missouri, Connecticut, South Carolina, Oregon, Louisiana, Alabama, Kentucky, and Rest of the United States. California is one of the distinguished players in the United States cardiovascular devices market. This is due to its robust healthcare surroundings and revolutionary panorama. Home to renowned research institutions, clinical facilities, and enterprise leaders, California fosters conducive surroundings for developing and commercializing modern cardiovascular technology. The state's vibrant biotechnology zone and strategic collaborations among academia and enterprise contribute to ongoing improvements in cardiovascular care, solidifying California's recognition as a vital hub in the cardiovascular devices market.


    Key Players

    The leading companies in the United States cardiovascular devices market are Abbott Laboratories, Boston Scientific Corporation, Edwards Lifesciences, Cardinal Health Inc., Medtronic PLC, GE Healthcare, Johnson & Johnson Services, Inc., and Siemens Healthcare GmbH.


    Device type – United States Cardiovascular Devices Market breakup in 2 viewpoints:

    1.    Diagnostic and Monitoring Devices
    2.    Therapeutic and Surgical Devices


    Application – United States Cardiovascular Devices Market breakup in 4 viewpoints:

    1.    Coronary Artery Disease (CAD)
    2.    Cardiac Arrhythmia
    3.    Heart Failure
    4.    Others


    End-User – United States Cardiovascular Devices Market breakup in 5 viewpoints:

    1.    Hospitals and Clinics
    2.    Ambulatory Surgical Centers
    3.    Diagnostic Centers
    4.    Cardiac Catheterization Laboratories
    5.    Others


    States – United States Cardiovascular Devices Market of 29 States Covered in the Report:

    1.    California
    2.    Texas
    3.    New York
    4.    Florida
    5.    Illinois
    6.    Pennsylvania
    7.    Ohio
    8.    Georgia
    9.    New Jersey
    10.    Washington
    11.    North Carolina
    12.    Massachusetts
    13.    Virginia
    14.    Michigan
    15.    Maryland
    16.    Colorado
    17.    Tennessee
    18.    Indiana
    19.    Arizona
    20.    Minnesota
    21.    Wisconsin
    22.    Missouri
    23.    Connecticut
    24.    South Carolina
    25.    Oregon
    26.    Louisiana
    27.    Alabama
    28.    Kentucky
    29.    Rest of the United States


    All the Key players have been covered from 3 Viewpoints:

    •    Overview
    •    Recent Development
    •    Revenue Analysis


    Company Analysis:

    1.    Abbott Laboratories
    2.    Boston Scientific Corporation
    3.    Edwards Lifesciences
    4.    Cardinal Health Inc.
    5.    Medtronic PLC
    6.    GE Healthcare
    7.    Johnson & Johnson Services, Inc.
    8.    Siemens Healthcare GmbH.


    Report Details:

    Report Features Details
    Base Year 2023
    Historical Period 2019 - 2023
    Forecast Period 2024 - 2030
    Market US$ Billion
    Segment Covered Device Type, Application, End-User, and States
    States Covered California, Texas, New York, Florida, Illinois, Pennsylvania, Ohio, Georgia, New Jersey, Washington, North Carolina, Massachusetts, Virginia, Michigan, Maryland, Colorado, Tennessee, Indiana, Arizona, Minnesota, Wisconsin, Missouri, Connecticut, South Carolina, Oregon, Louisiana, Alabama, Kentucky, and Rest of the United States
    Companies Covered Abbott Laboratories, Boston Scientific Corporation, Edwards Lifesciences, Cardinal Health Inc., Medtronic PLC, GE Healthcare, Johnson & Johnson Services, Inc., and Siemens Healthcare GmbH.
    Customization Scope 20% Free Customization
    Post-Sale Analyst Support 1 Year (52 Weeks)
    Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on request)

    1.    Introduction

    2.    Research Methodology

    3.    Executive Summary

    4.    Market Dynamics

    4.1    Growth Drivers
    4.2    Challenges


    5.    United States Cardiovascular Devices Market

    6.    Market Share – United States Cardiovascular Devices Analysis

    6.1    By Device Type
    6.2    By Application
    6.3    By End User
    6.4    By States


    7.    Device Type – United States Cardiovascular Devices Market

    7.1    Diagnostic and Monitoring Devices
    7.2    Therapeutic and Surgical Devices


    8.    Application – United States Cardiovascular Devices Market

    8.1    Coronary Artery Disease (CAD)
    8.2    Cardiac Arrhythmia
    8.3    Heart Failure
    8.4    Others


    9.    End User – United States Cardiovascular Devices Market

    9.1    Hospitals and Clinics
    9.2    Ambulatory Surgical Centers
    9.3    Diagnostic Centers
    9.4    Cardiac Catheterization Laboratories
    9.5    Others


    10.    States – United States Cardiovascular Devices Market

    10.1    California
    10.2    Texas
    10.3    New York
    10.4    Florida
    10.5    Illinois
    10.6    Pennsylvania
    10.7    Ohio
    10.8    Georgia
    10.9    New Jersey
    10.10    Washington
    10.11    North Carolina
    10.12    Massachusetts
    10.13    Virginia
    10.14    Michigan
    10.15    Maryland
    10.16    Colorado
    10.17    Tennessee
    10.18    Indiana
    10.19    Arizona
    10.20    Minnesota
    10.21    Wisconsin
    10.22    Missouri
    10.23    Connecticut
    10.24    South Carolina
    10.25    Oregon
    10.26    Louisiana
    10.27    Alabama
    10.28    Kentucky
    10.29    Rest of the United States


    11.    Porter’s Five Forces Analysis – United States Cardiovascular Device Market

    11.1    Bargaining Power of Buyers
    11.2    Bargaining Power of Suppliers
    11.3    Degree of Rivalry
    11.4    Threat of New Entrants
    11.5    Threat of Substitutes


    12.    SWOT Analysis – United States Cardiovascular Device Market

    12.1    Strength
    12.2    Weakness
    12.3    Opportunity
    12.4    Threat


    13.    Key Players Analysis

    13.1    Abbott Laboratories

    13.1.1    Overview
    13.1.2    Recent Development
    13.1.3    Revenue Analysis

    13.2    Boston Scientific Corporation

    13.2.1    Overview
    13.2.2    Recent Development
    13.2.3    Revenue Analysis

    13.3    Edwards Lifesciences

    13.3.1    Overview
    13.3.2    Recent Development
    13.3.3    Revenue Analysis

    13.4    Cardinal Health Inc.

    13.4.1    Overview
    13.4.2    Recent Development
    13.4.3    Revenue Analysis

    13.5    Medtronic PLC

    13.5.1    Overview
    13.5.2    Recent Development
    13.5.3    Revenue Analysis

    13.6    GE Healthcare

    13.6.1    Overview
    13.6.2    Recent Development
    13.6.3    Revenue Analysis

    13.7    Johnson & Johnson Services, Inc.

    13.7.1    Overview
    13.7.2    Recent Development
    13.7.3    Revenue Analysis

    13.8    Siemens Healthcare GmbH

    13.8.1    Overview
    13.8.2    Recent Development
    13.8.3    Revenue Analysis


    List of Figures:

    Figure-01:    United States – Cardiovascular Devices Market (Billion US$), 2019 – 2023
    Figure-02:    United States – Forecast for Cardiovascular Devices Market (Billion US$), 2024 – 2030
    Figure-03:    Device Type – Diagnostic and Monitoring Devices Market (Million US$), 2019 – 2023
    Figure-04:    Device Type – Forecast for Diagnostic and Monitoring Devices Market (Million US$), 2024 – 2030
    Figure-05:    Device Type – Therapeutic and Surgical Devices Market (Million US$), 2019 – 2023
    Figure-06:    Device Type – Forecast for Therapeutic and Surgical Devices Market (Million US$), 2024 – 2030
    Figure-07:    Application – Coronary Artery Disease (CAD) Market (Million US$), 2019 – 2023
    Figure-08:    Application – Forecast for Coronary Artery Disease (CAD) Market (Million US$), 2024 – 2030
    Figure-09:    Application – Cardiac Arrhythmia Market (Million US$), 2019 – 2023
    Figure-10:    Application – Forecast for Cardiac Arrhythmia Market (Million US$), 2024 – 2030
    Figure-11:    Application – Heart Failure Market (Million US$), 2019 – 2023
    Figure-12:    Application – Forecast for Heart Failure Market (Million US$), 2024 – 2030
    Figure-13:    Application – Others Market (Million US$), 2019 – 2023
    Figure-14:    Application – Forecast for Others Market (Million US$), 2024 – 2030
    Figure-15:    End User – Hospitals and Clinics Market (Million US$), 2019 – 2023
    Figure-16:    End User – Forecast for Hospitals and Clinics Market (Million US$), 2024 – 2030
    Figure-17:    End User – Ambulatory Surgical Centers Market (Million US$), 2019 – 2023
    Figure-18:    End User – Forecast for Ambulatory Surgical Centers Market (Million US$), 2024 – 2030
    Figure-19:    End User – Diagnostic Centers Market (Million US$), 2019 – 2023
    Figure-20:    End User – Forecast for Diagnostic Centers Market (Million US$), 2024 – 2030
    Figure-21:    End User – Cardiac Catheterization Laboratories Market (Million US$), 2019 – 2023
    Figure-22:    End User – Forecast for Cardiac Catheterization Laboratories Market (Million US$), 2024 – 2030
    Figure-23:    End User – Others Market (Million US$), 2019 – 2023
    Figure-24:    End User – Forecast for Others Market (Million US$), 2024 – 2030
    Figure-25:    California – Cardiovascular Devices Market (Million US$), 2019 – 2023
    Figure-26:    California – Forecast for Cardiovascular Devices Market (Million US$), 2024 – 2030
    Figure-27:    Texas – Cardiovascular Devices Market (Million US$), 2019 – 2023
    Figure-28:    Texas – Forecast for Cardiovascular Devices Market (Million US$), 2024 – 2030
    Figure-29:    New York – Cardiovascular Devices Market (Million US$), 2019 – 2023
    Figure-30:    New York – Forecast for Cardiovascular Devices Market (Million US$), 2024 – 2030
    Figure-31:    Florida – Cardiovascular Devices Market (Million US$), 2019 – 2023
    Figure-32:    Florida – Forecast for Cardiovascular Devices Market (Million US$), 2024 – 2030
    Figure-33:    Illinois – Cardiovascular Devices Market (Million US$), 2019 – 2023
    Figure-34:    Illinois – Forecast for Cardiovascular Devices Market (Million US$), 2024 – 2030
    Figure-35:    Pennsylvania – Cardiovascular Devices Market (Million US$), 2019 – 2023
    Figure-36:    Pennsylvania – Forecast for Cardiovascular Devices Market (Million US$), 2024 – 2030
    Figure-37:    Ohio – Cardiovascular Devices Market (Million US$), 2019 – 2023
    Figure-38:    Ohio – Forecast for Cardiovascular Devices Market (Million US$), 2024 – 2030
    Figure-39:    Georgia – Cardiovascular Devices Market (Million US$), 2019 – 2023
    Figure-40:    Georgia – Forecast for Cardiovascular Devices Market (Million US$), 2024 – 2030
    Figure-41:    New Jersey – Cardiovascular Devices Market (Million US$), 2019 – 2023
    Figure-42:    New Jersey – Forecast for Cardiovascular Devices Market (Million US$), 2024 – 2030
    Figure-43:    Washington – Cardiovascular Devices Market (Million US$), 2019 – 2023
    Figure-44:    Washington – Forecast for Cardiovascular Devices Market (Million US$), 2024 – 2030
    Figure-45:    North Carolina – Cardiovascular Devices Market (Million US$), 2019 – 2023
    Figure-46:    North Carolina – Forecast for Cardiovascular Devices Market (Million US$), 2024 – 2030
    Figure-47:    Massachusetts – Cardiovascular Devices Market (Million US$), 2019 – 2023
    Figure-48:    Massachusetts – Forecast for Cardiovascular Devices Market (Million US$), 2024 – 2030
    Figure-49:    Virginia – Cardiovascular Devices Market (Million US$), 2019 – 2023
    Figure-50:    Virginia – Forecast for Cardiovascular Devices Market (Million US$), 2024 – 2030
    Figure-51:    Michigan – Cardiovascular Devices Market (Million US$), 2019 – 2023
    Figure-52:    Michigan – Forecast for Cardiovascular Devices Market (Million US$), 2024 – 2030
    Figure-53:    Maryland – Cardiovascular Devices Market (Million US$), 2019 – 2023
    Figure-54:    Maryland – Forecast for Cardiovascular Devices Market (Million US$), 2024 – 2030
    Figure-55:    Colorado – Cardiovascular Devices Market (Million US$), 2019 – 2023
    Figure-56:    Colorado – Forecast for Cardiovascular Devices Market (Million US$), 2024 – 2030
    Figure-57:    Tennessee – Cardiovascular Devices Market (Million US$), 2019 – 2023
    Figure-58:    Tennessee – Forecast for Cardiovascular Devices Market (Million US$), 2024 – 2030
    Figure-59:    Indiana – Cardiovascular Devices Market (Million US$), 2019 – 2023
    Figure-60:    Indiana – Forecast for Cardiovascular Devices Market (Million US$), 2024 – 2030
    Figure-61:    Arizona – Cardiovascular Devices Market (Million US$), 2019 – 2023
    Figure-62:    Arizona – Forecast for Cardiovascular Devices Market (Million US$), 2024 – 2030
    Figure-63:    Minnesota – Cardiovascular Devices Market (Million US$), 2019 – 2023
    Figure-64:    Minnesota – Forecast for Cardiovascular Devices Market (Million US$), 2024 – 2030
    Figure-65:    Wisconsin – Cardiovascular Devices Market (Million US$), 2019 – 2023
    Figure-66:    Wisconsin – Forecast for Cardiovascular Devices Market (Million US$), 2024 – 2030
    Figure-67:    Missouri – Cardiovascular Devices Market (Million US$), 2019 – 2023
    Figure-68:    Missouri – Forecast for Cardiovascular Devices Market (Million US$), 2024 – 2030
    Figure-69:    Connecticut – Cardiovascular Devices Market (Million US$), 2019 – 2023
    Figure-70:    Connecticut – Forecast for Cardiovascular Devices Market (Million US$), 2024 – 2030
    Figure-71:    South Carolina – Cardiovascular Devices Market (Million US$), 2019 – 2023
    Figure-72:    South Carolina – Forecast for Cardiovascular Devices Market (Million US$), 2024 – 2030
    Figure-73:    Oregon – Cardiovascular Devices Market (Million US$), 2019 – 2023
    Figure-74:    Oregon – Forecast for Cardiovascular Devices Market (Million US$), 2024 – 2030
    Figure-75:    Louisiana – Cardiovascular Devices Market (Million US$), 2019 – 2023
    Figure-76:    Louisiana – Forecast for Cardiovascular Devices Market (Million US$), 2024 – 2030
    Figure-77:    Alabama – Cardiovascular Devices Market (Million US$), 2019 – 2023
    Figure-78:    Alabama – Forecast for Cardiovascular Devices Market (Million US$), 2024 – 2030
    Figure-79:    Kentucky – Cardiovascular Devices Market (Million US$), 2019 – 2023
    Figure-80:    Kentucky – Forecast for Cardiovascular Devices Market (Million US$), 2024 – 2030
    Figure-81:    Rest of the United States – Cardiovascular Devices Market (Million US$), 2019 – 2023
    Figure-82:    Rest of the United States – Forecast for Cardiovascular Devices Market (Million US$), 2024 – 2030
    Figure-83:    Abbott Laboratories – Global Revenue (Million US$), 2019 – 2023
    Figure-84:    Abbott Laboratories – Forecast for Global Revenue (Million US$), 2024 – 2030
    Figure-85:    Boston Scientific Corporation – Global Revenue (Million US$), 2019 – 2023
    Figure-86:    Boston Scientific Corporation – Forecast for Global Revenue (Million US$), 2024 – 2030
    Figure-87:    Edwards Lifesciences – Global Revenue (Million US$), 2019 – 2023
    Figure-88:    Edwards Lifesciences – Forecast for Global Revenue (Million US$), 2024 – 2030
    Figure-89:    Cardinal Health Inc. – Global Revenue (Million US$), 2019 – 2023
    Figure-90:    Cardinal Health Inc. – Forecast for Global Revenue (Million US$), 2024 – 2030
    Figure-91:    Medtronic PLC – Global Revenue (Million US$), 2019 – 2023
    Figure-92:    Medtronic PLC – Forecast for Global Revenue (Million US$), 2024 – 2030
    Figure-93:    GE Healthcare – Global Revenue (Million US$), 2019 – 2023
    Figure-94:    GE Healthcare – Forecast for Global Revenue (Million US$), 2024 – 2030
    Figure-95:    Johnson & Johnson Services, Inc. – Global Revenue (Million US$), 2019 – 2023
    Figure-96:    Johnson & Johnson Services, Inc. – Forecast for Global Revenue (Million US$), 2024 – 2030
    Figure-97:    Siemens Healthcare GmbH – Global Revenue (Million US$), 2019 – 2023
    Figure-98:    Siemens Healthcare GmbH – Forecast for Global Revenue (Million US$), 2024 – 2030


    List of Tables:

    Table-01:    United States – Cardiovascular Devices Market Share by Device Type (Percent), 2019 – 2023
    Table-02:    United States – Forecast for Cardiovascular Devices Market Share by Device Type (Percent), 2024 – 2030
    Table-03:    United States – Cardiovascular Devices Market Share by Application (Percent), 2019 – 2023
    Table-04:    United States – Forecast for Cardiovascular Devices Market Share by Application (Percent), 2024 – 2030
    Table-05:    United States – Cardiovascular Devices Market Share by End User (Percent), 2019 – 2023
    Table-06:    United States – Forecast for Cardiovascular Devices Market Share by End User (Percent), 2024 – 2030
    Table-07:    United States – Cardiovascular Devices Market Share by States (Percent), 2019 – 2023
    Table-08:    United States – Forecast for Cardiovascular Devices Market Share by States (Percent), 2024 – 2030

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