European cardiovascular devices market is projected to grow at a significant CAGR of 3.5% during the forecast period (2020-2026). The rising geriatric population is rising prevalence of prevalence of CVD cases in the region. According to the European Commission, the share for the geriatric population has increased in 2008 and 2018. The proportion of working age population in the EU-28 is shrinking, whereas the number of those retired is expanding continuously. The share of geriatric population in the total population is expected to continuously increase in the coming decades, as a greater proportion of the post-war baby-boom generation reaches retirement.
Browse the full report description of "European Cardiovascular Devices Market Size, Share & Trends Analysis Report by Type (Diagnostic and Monitoring Devices (MRI, Electrocardiogram (ECG), Remote Cardiac Monitoring, Cardiac CT, and Others) and Surgical Devices (Stents, Catheters, Cardiac Assist Devices, Cardiac Rhythm Management Device, and Others) and Forecast 2020-2026" at https://www.omrglobal.com/industry-reports/european-cardiovascular-devices-market
According to the European Commission, the population of the EU-28 in January 2018 was estimated at 512.4 million. Such huge presence of geriatric population is augmenting the demand for cardiovascular devices in the region. Moreover, the key market players generate a significant revenue from European economies, such as UK, Germany, France, and Italy. The factor behind the huge revenue generation of the market players is the rising geriatric population, developed healthcare infrastructure, and significant demand for novel cardiovascular devices in the region. Considering these factors, it is estimated that a substantial market for cardiovascular devices will be generated in Europe during the forecast period.
Market Coverage
Report Elements |
Details |
Study Period |
2019-2026 |
Base year |
2019 |
Forecast period |
2020-2026 |
Segments Covered |
By Type |
Countries Covered |
UK, Germany, France, Spain, Italy, RoE |
Key Companies Profiled |
Abbott Laboratories, Boston Scientific Corp., Edwards Lifesciences Corp., Medtronic PLC, Terumo Corp., and Becton, Dickinson and Co. |
Key questions addressed by the report
o Recovery Timeline
o Deviation from pre-COVID
o Most affected region/segment
o Recommendations
European Cardiovascular Devices Market – Segmentation
By Type
o MRI
o Electrocardiogram (ECG)
o Remote Cardiac Monitoring
o Cardiac CT
o Others (PET scan)
o Stents
o Catheters
o Cardiac Assist Devices
o Cardiac Rhythm Management Device
o Others (Heart Valves and Grafts)
European Cardiovascular Devices Market – Segmentation by Geography