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The global external pacemaker market is estimated to garner a revenue of USD 1809.94 Million by the end of 2028 by growing at a CAGR of 7.22% over the forecast period, i.e., 2021 u2013 2028. Moreover, in the year 2018, the market registered a revenue of USD 899.15 Million. The growth of the market can be attributed to growing research and development activities in the field of medical science which is resulting in the development of advanced life-saving medical equipment. Earlier, the pacemakers were large in size and also were bulky as compared to the pacemakers that are available in the market t
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Global External Pacemaker Market to Grow on Account of Increasing Prevalence of Cardiovascular Diseases (CVDs); Market to Grow with a CAGR of 18.5% During 2021-2028 Kenneth Research has released a report titled “External Pacemaker Market: Global Demand Analysis & Opportunity Outlook 2028” which also includes some of the prominent market analyzing parameters such as industry growth drivers, restraints, supply and demand risk, along with the impact of COVID-19 and a detailed discussion on the latest trends and future opportunities that are associated with the growth of the market. The World Health Organization (WHO), in one of its statistics, stated that in the year 2019, close to 17.9 Million people died from cardiovascular diseases (CVDs). Additionally, out of the 17 Million premature deaths due to noncommunicable diseases in the same year, 38% of the deaths were caused by cardiovascular diseases. Get Sample Reports Here - https://www.kennethresearch.com/sample-request-10352288 The statistics portray the growing concern for the rising prevalence of cardiovascular diseases worldwide, which is anticipated to drive the demand for external pacemakers. With the growing healthcare expenditure over the past few years, the advancements in the development of external pacemakers have come a long way. Modern pacemakers, as compared to the earlier ones are easy to manage and also have longer lifespan. Owing to such factors, the
global external pacemaker market is anticipated to grow with a CAGR of 18.5% during the forecast period, i.e., 2021 – 2028. The market is estimated to garner a revenue of USD 1809.94 Million by the end of 2028, up from a revenue of USD 899.15 Million in the year 2018. The global external pacemaker market is segmented by device into single chamber, dual chamber, and triple chamber. The dual chamber segment, out of all the other segments, is anticipated to garner the largest revenue of USD 1099.92 Million by the end of 2028, up from a revenue of USD 529.84 Million in the year 2018. By region, the external pacemaker market is segmented into six major regions including North America, Europe (excluding Western Europe), Western Europe, Asia Pacific, Latin America and Middle East & Africa region. By the end of 2028, the market in North America is anticipated to garner the largest revenue of USD 708.78 Million, up from a revenue of USD 346.22 Million in the year 2018. The research is global in nature and covers detailed analysis on the market in North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark], Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel,
GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East and Africa). In addition, analysis comprising market size, Y-O-Y growth & opportunity analysis, market players’ competitive study, investment opportunities, demand for future outlook etc. has also been covered and displayed in the research report. However, the high cost of the product and the numerous instances of failure in the functioning of the product are some of the major factors anticipated to hinder the market growth. This report also provides the existing competitive scenario of some of the key players of the global external pacemaker market, which includes company profiling of Biotronik SE & Co. KG, Medtronic PLC, Osypka Medical GmbH, Braile Biomedica, Boston Scientific Corporation, OSCOR Inc., Galix Biomedical Instrumentation, Shree Pacetronix Ltd., and others. The profiling enfolds key information of the companies which comprises of business overview, products and services, key financials and recent news and developments. Conclusively, the report titled “External Pacemaker Market: Global Demand Analysis & Opportunity Outlook 2028”, analyses the overall global external pacemaker industry to help new entrants to understand the details of the market. In addition to that, this report also guides existing players looking for expansion and major investors looking for investment in the global external pacemaker market in the near future.
Get Sample Reports Here - https://www.kennethresearch.com/sample-request-10352288 Kenneth Research is a leading service provider for strategic market research and consulting. We aim to provide unbiased, unparalleled market insights and industry analysis to help industries, conglomerates and executives to take wise decisions for their future marketing strategy, expansion and investment, etc. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds. Our out of box thinking helps our clients to take wise decision so as to avoid future uncertainties. Contact for more Info: AJ Daniel Email: sales@kennethresearch.com U.S. Phone: +1 313 462 0609
