Smartphone-Connected Pacemaker Devices Market Report, 2021 Status and Outlook, Industry Analysis, Growth Factor, Latest Innovation, Sales Revenue by Regional Forecast 2027

 As per UnivDatos Market Insights, the Smartphone-Connected Pacemaker Devices Market was valued at US$ X million in 2020 and is expected to reach US$ X million by 2027, registering a CAGR of X% during the forecast period (2021-2027).

The surge in the Smartphone-Connected Pacemaker Devices Market is due to the escalating cases of cardiovascular diseases and the increasing development of technologically innovative pacemakers. In addition to this, the industries focus on the advancement of pacemakers with multi-functional abilities and the introduction of government-approved MRI-Conditional pacemaker devices are driving the growth of the market globally. For instance, according to World Health Organization (WHO) in 2020, the number one cause of death globally is cardiovascular diseases (CVD). It is estimated that 17.9 million people die each year are due to CVDs and 85% of these deaths are due to stroke and heart attack. The rising number of cardiovascular diseases have increased the overall demand for pacemakers, this is expected to upsurge the demand for Smartphone-connected pacemaker devices during the forecast period.

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The report “Global smartphone-connected Pacemaker Devices Market: Current Analysis and Forecast (2020-2027)” by UnivDatos Market Insights deliver a comprehensive analysis of product, type, application, end-user, and region.

Global Smartphone-Connected Pacemaker Devices Market Segmentation

By Product:

• Implantable Pacemakers
• External Pacemakers

By Application:

• Arrhythmias
• Congestive Heart Failure
• Others

By Region:

• North America Smartphone-Connected Pacemaker Devices Market

• United States
• Canada
• Rest of North America

• Europe Smartphone-Connected Pacemaker Devices Market

• France
• Germany
• Italy
• Spain
• United Kingdom
• Rest of Europe

• Asia-Pacific Smartphone-Connected Pacemaker Devices Market

• China
• Japan
• India
• Rest of Asia-Pacific

• Rest of World Smartphone-Connected Pacemaker Devices Market

Based on product, the market is segmented into implantable and external pacemakers. The implantable pacemakers segment generated the highest revenue in 2020. The market is expected to grow at a significant rate during the forecast period due to the advancement in implantable pacemakers such as MRI compatible and smartphone or Bluetooth enabled pacemaker devices.  For example, in October 2020, Medtronic PLC launched “Azure” Pacemaker with BlueSync technology in India which can connect to patients’ smartphones and tablets directly and provide them heart-related data.

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Based on applications, the market is divided into Arrhythmias, Congestive Heart Failure, and others. The Arrhythmias segment dominated the market as a huge proportion of the population whose age is above 65 are more prone to this disease. It is a disease with an irregular heartbeat and will lead to various heart-related problems such as blood clots, stroke, and heart failure. For instance, according to the HealthinAginging organization in 2020, Arrhythmia occurs in 3-5% of the population aged 65 years and above. It is a serious problem as it increases the risk of developing stroke and accounts for over 20% of strokes in patients older than 80. With increasing geriatric population rate of is Arrhythmia is also increasing, this would provide ample growth opportunities for the market in the future.

 Additionally, this report also provides insights on the global smartphone-connected pacemaker devices for major regions including North America (US, Canada, and the Rest of North America), Europe (Germany, France, Italy, Spain, UK, and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, and Rest of APAC), and Rest of World. North America constitutes a major market for Smartphone-connected pacemaker devices. For instance, according to American Heart Association in 2019, nearly half of all U.S. adults have some type of cardiovascular disease and by 2025 more than 130 million adults, or 45.1% of the US, population would be affected by cardiovascular disease. Also, Abbott in February 2020 announced that they have received CE Mark for their new product “Gallant” an implantable pacemaker device, which has the most advanced heart rhythm management capabilities. The increment of heart diseases in this region increases the need for pacemaker devices to cure the diseases on time will upsurge the smartphone-connected pacemaker device market in the forecast period.

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Key players

The market is highly fragmented due to the presence of different large, small, and medium-scale players. The market of Smartphone-Connected Pacemaker Devices is highly competitive. Some of the key players that hold major market share include companies are:

• Medtronic PLC
• Boston Scientific Corporation
• BIOTRONIK
• LivaNova PLC
• Abbott Laboratories
• MEDICO SpA
• Pacetronix
• Osypka Medical, Inc.
• Lepu Medical Group
• Cook Medical

Table of Content –

1 Market Introduction

2 Research Methodology Or Assumption

3 Market Synopsis

4 Executive Summary

5 Top Start-Ups Under Smartphone-Connected Pacemaker Devices Industry

6 COVID-19 Impact

7 Global Smartphone-Connected Pacemaker Devices Market Revenue

8 Market Insights By Product

9 Market Insights By Types

10 Market Insights By Application

12 Market Insights By End-User

12 Market Insights By Region

13 Smartphone-Connected Pacemaker Devices Market Dynamics

14 Legal & Regulatory Framework

15 Demand And Supply Side Analysis

16 Value Chain Analysis

17 Smartphone-Connected Pacemaker Devices Market Opportunities

18 Smartphone-Connected Pacemaker Devices Market Trends & Insights

19 Competitive Scenario

20 Company Profiled

21 Disclaimer

About Us:

UnivDatos Market Insights (UMI), is a passionate market research firm and a subsidiary of Universal Data Solutions. Rigorous secondary and primary research on the market is our USP, hence information presented in our reports is based on facts and realistic assumptions. We have worked with 200+ global clients, including some of the fortune 500 companies. Our clientele praises us for quality of insights, In-depth analysis, custom research abilities and detailed market segmentation.

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