Global Cardiac Implants Market Growth, Share, Size, Trends and Forecast (2025 - 2031)
By Device;
Cardiac Rhythm Management Devices, Coronary Stents, Prosthetic Heart Valve Devices, Ventricular Assist Devices, Implantable Loop recorder/ Implantable Cardiac Monitor, and Others.By Indication;
Arrhythmias, Myocardial Ischemia, Acute Myocardial Infarction, Heart Failure, and Others.By End-Use;
Hospitals, Cardiac Care Centers, Ambulatory Centers & Home Care, Academic Institutes, and Others.By Geography;
North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).Introduction
Global Cardiac Implants Market (USD Million), 2021 - 2031
In the year 2024, the Global Cardiac Implants Market was valued at USD 73,917.94 million. The size of this market is expected to increase to USD 159,367.31 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 11.6%.
The Global Cardiac Implants Market is experiencing rapid growth, driven by the increasing prevalence of cardiovascular diseases (CVDs), advancements in medical technology, and a rising global demand for innovative treatments. Cardiac implants, which include devices such as pacemakers, implantable cardioverter defibrillators (ICDs), heart valves, and coronary stents, are crucial in the management of various heart conditions, including arrhythmias, heart failure, valvular heart disease, and coronary artery disease. These devices are designed to improve the quality of life, reduce symptoms, and extend survival by correcting structural and electrical abnormalities in the heart.
The growing incidence of cardiovascular diseases, largely attributed to aging populations, sedentary lifestyles, poor dietary habits, and an increase in risk factors such as hypertension and diabetes, is a primary factor fueling the demand for cardiac implants. According to the World Health Organization (WHO), CVDs remain the leading cause of death worldwide, with millions of people affected by heart-related issues each year. As a result, healthcare providers are increasingly turning to cardiac implant technologies as essential tools in managing and treating these chronic conditions.
Technological advancements have played a pivotal role in shaping the cardiac implants market, making these devices more efficient, smaller, and more durable. For example, innovations in leadless pacemakers, bioresorbable stents, and transcatheter heart valves have contributed to improved patient outcomes and reduced procedural risks. Additionally, the integration of digital health technologies, such as remote monitoring and telemedicine, allows for continuous monitoring of cardiac patients, improving the management of implanted devices and enhancing patient care.
As healthcare systems worldwide continue to evolve and focus on providing better heart care, the cardiac implants market is expected to witness continued growth. The demand for minimally invasive procedures, the shift toward personalized medicine, and the increasing prevalence of heart disease are all factors driving the expansion of the market. With a growing emphasis on improving patient outcomes and reducing healthcare costs, the development of next-generation cardiac implant technologies is expected to shape the future of the industry, offering better solutions for patients with cardiovascular disorders.
Global Cardiac Implants Market Recent Developments
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In April 2022, Impulse Dynamics received approval and launched the Optimizer Smart Mini in the United States. The Optimizer Smart Mini Implantable Pulse Generator (IPG) is a Class III medical device intended for the treatment of moderate to severe heart failure.
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In July 2021, Angel Medical Systems, Inc., launched its flagship product, the Guardian device. The Guardian System is the first implantable cardiac detection monitor and patient-warning system indicated for acute coronary syndrome (ACS) events, including silent heart attacks.
Segment Analysis
The global cardiac implants market is segmented by device type, application, end-user, and region, each contributing to the market's expansion and diversification. By device type, the market includes pacemakers, implantable cardioverter defibrillators (ICDs), heart valves, coronary stents, and ventricular assist devices (VADs). Pacemakers and ICDs dominate the market due to their essential role in managing arrhythmias and preventing sudden cardiac arrest. These devices are increasingly used in patients with heart rhythm disorders and are seen as life-saving treatments. The growth in demand for pacemakers and ICDs is driven by the high prevalence of cardiovascular diseases and the advancements in implant technology, which have led to smaller, more efficient, and longer-lasting devices. Coronary stents, which are used to treat coronary artery disease, are another significant segment, with increasing adoption of drug-eluting stents due to their ability to prevent restenosis and improve long-term outcomes. Heart valves, particularly bioprosthetic and transcatheter heart valves, are increasingly used for treating valvular heart diseases, with the rise of minimally invasive procedures contributing to their growing adoption. Ventricular assist devices, which help pump blood in patients with heart failure, also show increasing demand as the global burden of heart failure rises.
In terms of application, the cardiac implants market is driven by the need for the management of arrhythmias, coronary artery disease, heart failure, and valvular heart disease. The arrhythmia management segment holds the largest share due to the widespread use of pacemakers and ICDs. As heart disease continues to rise, particularly among aging populations, there is a growing need for these devices to manage conditions like atrial fibrillation and ventricular arrhythmias. Heart failure management is also becoming increasingly important, as the prevalence of heart failure is on the rise due to factors such as an aging population and increased survival rates from other heart conditions.
North America holds the largest market share due to the advanced healthcare infrastructure, high adoption of new technologies, and well-established healthcare systems. Europe follows closely, driven by the high prevalence of cardiovascular diseases and increasing demand for advanced treatment options. The Asia-Pacific region is expected to witness the highest growth rate, supported by improving healthcare access, rising cardiovascular disease rates, and expanding healthcare infrastructure in emerging markets. Latin America, the Middle East, and Africa are also showing strong potential for growth, driven by increasing healthcare investments and rising awareness about cardiac diseases. The segmentation of the global cardiac implants market highlights a diverse and evolving industry that is set to expand as technological advancements continue to improve patient outcomes and accessibility.
Global Cardiac Implants Market Analysis
In this report, the Global Cardiac Implants Market has been segmented by Device, Indication, End-Use and Geography.
Global Cardiac Implants Market, Segmentation by Device
The Global Cardiac Implants Market has been segmented by device into Cardiac Rhythm Management Devices, Coronary Stents, Prosthetic Heart Valve Devices, Ventricular Assist Devices, Implantable Loop Recorders/ Implantable Cardiac Monitors, and Others.
Cardiac Rhythm Management Devices include pacemakers and implantable cardioverter defibrillators (ICDs), which are primarily used to regulate heart rhythm and prevent arrhythmias. These devices are critical for patients suffering from abnormal heart rhythms, such as bradycardia, tachycardia, and atrial fibrillation. The demand for these devices is driven by the increasing prevalence of cardiovascular diseases, particularly arrhythmias, and advancements in technology that have made these devices smaller, more efficient, and longer-lasting.
Coronary Stents are used in the treatment of coronary artery disease to keep blocked or narrowed arteries open, improving blood flow to the heart. Drug-eluting stents (DES) and bare-metal stents (BMS) are the primary types, with DES gaining widespread adoption due to their ability to release medication that prevents restenosis. The growing number of coronary artery disease cases, driven by factors such as aging populations, poor lifestyle choices, and hypertension, is increasing the demand for coronary stents.
Prosthetic Heart Valve Devices are used to replace or repair damaged heart valves, addressing conditions such as valvular heart disease. Bioprosthetic heart valves, mechanical heart valves, and transcatheter heart valves are the main types of prosthetic heart valves available in the market. The increasing prevalence of valvular diseases, particularly in aging populations, along with advancements in minimally invasive techniques, is contributing to the growth of this segment.
Ventricular Assist Devices (VADs) are mechanical pumps used to assist heart function in patients with heart failure. These devices are typically used as a bridge to heart transplantation or as long-term therapy for patients who are not candidates for a transplant. As the number of heart failure cases increases globally, VADs are becoming more critical in managing patients with end-stage heart failure.
Implantable Loop Recorders/Implantable Cardiac Monitors are devices that continuously monitor heart rhythms and detect abnormal patterns, providing crucial information for the diagnosis and management of arrhythmias. These devices are particularly useful for patients with unexplained syncope or those at risk for arrhythmias, offering long-term monitoring and reducing the need for frequent doctor visits.
The "Others" category includes additional devices such as hybrid implants or emerging technologies that do not fit into the above classifications but still play a role in the cardiac implants market. These devices may include newer innovations in cardiac therapy, such as bioresorbable stents or advanced cardiac tissue engineering products.
Global Cardiac Implants Market, Segmentation by Indication
The Global Cardiac Implants Market has been segmented by indication into arrhythmias, myocardial ischemia, acute myocardial infarction, heart failure, and others.
Arrhythmias dominate the cardiac implants market due to the widespread use of pacemakers and implantable cardioverter defibrillators (ICDs) for managing heart rhythm disorders. Arrhythmias, such as atrial fibrillation and ventricular arrhythmias, are commonly treated with these devices, which help regulate abnormal heart rhythms and prevent sudden cardiac arrest. The growing prevalence of arrhythmias, particularly in aging populations, contributes significantly to the demand for these implantable devices.
Myocardial ischemia occurs when blood flow to the heart muscle is reduced, often due to narrowed or blocked coronary arteries. Coronary stents, including drug-eluting stents, are commonly used to treat myocardial ischemia by restoring blood flow to the heart. The increasing incidence of coronary artery disease, along with advancements in stent technology, has boosted the demand for these implants, making myocardial ischemia a key indication driving market growth.
Acute myocardial infarction (AMI), commonly known as a heart attack, is a life-threatening condition that often leads to the need for immediate intervention. Cardiac implants such as stents, ventricular assist devices (VADs), and defibrillators are used to manage AMI. The rising number of heart attacks, particularly in high-risk populations, is expected to drive the growth of this segment, as timely and effective treatment with these implants is critical for improving patient outcomes.
Heart failure, a condition where the heart is unable to pump blood efficiently, is becoming increasingly prevalent due to aging populations and the rise in other cardiac diseases. Implantable devices such as ventricular assist devices (VADs) and cardiac resynchronization therapy (CRT) devices are used to support the heart's function in patients with severe heart failure. The demand for heart failure-related implants is expected to rise as the global incidence of heart failure increases, particularly among elderly populations.
The "others" segment includes a range of cardiac conditions that may require implants, such as valvular heart diseases and congenital heart defects. While these indications contribute to the market, they are less common compared to the primary conditions mentioned above. Devices like heart valves, particularly transcatheter heart valves, are used in the treatment of valvular heart diseases, which are gaining attention due to the increasing use of minimally invasive procedures. The segment is also driven by the growth in congenital heart disease treatments and the advancement of implantable technologies.
Global Cardiac Implants Market, Segmentation by End-Use
The Global Cardiac Implants Market has been segmented by end-use into hospitals, cardiac care centers, ambulatory centers & home care, academic institutes, and others.
Hospitals hold the largest share of the market due to their advanced infrastructure and ability to handle complex cardiac procedures. These facilities provide a wide range of treatments, including surgeries for pacemakers, heart valves, and stents, making them the primary setting for cardiac implant procedures. The presence of specialized cardiology departments and highly skilled medical professionals enables hospitals to offer comprehensive care for patients with cardiovascular diseases.
Cardiac care centers also play a significant role in the market. These centers focus on specialized care for heart disease patients, offering advanced diagnostics and treatments for conditions such as arrhythmias, heart failure, and coronary artery disease. They are equipped with the necessary technology and expertise to manage cardiac implant procedures and follow-up care. With an increasing demand for personalized care and high-quality treatment, cardiac care centers have become essential in managing patients who require ongoing monitoring and treatment.
Ambulatory centers and home care settings have seen substantial growth in recent years due to the increasing preference for minimally invasive procedures and cost-effective treatment options. Many patients recovering from cardiac implant surgeries or managing chronic heart conditions are opting for care in ambulatory centers or home care environments, where they can receive personalized, non-hospital-based services. Additionally, academic institutes play a crucial role in the development and innovation of cardiac implants. These institutes are involved in cutting-edge research, clinical trials, and the testing of new technologies that push the boundaries of cardiac care. The "others" category includes outpatient clinics and specialty centers that offer diagnostic services and post-surgery follow-up care. These various end-user segments collectively contribute to the overall growth of the global cardiac implants market by meeting the diverse needs of patients and advancing cardiac healthcare solutions.
Global Cardiac Implants Market, Segmentation by Geography
In this report, the Global Cardiac Implants Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Global Cardiac Implants Market Share (%), by Geographical Region, 2024
The North American cardiac implants market, amongst all other regions, held the largest market share by the end of 2036. The growth of the market was primarily attributed to the increasing prevalence of arrhythmias and other heart diseases in the region. For example, around 12 million Americans were estimated to be diagnosed with atrial fibrillation by 2030. Additionally, the presence of a robust healthcare infrastructure, coupled with a large patient pool, significantly contributed to the market's growth. The region's expanding healthcare industry and the growing commercialization of medical equipment further fueled market expansion during the forecast period.
In contrast, the Asia Pacific cardiac implants market also maintained a significant market share during the analysis period, driven by the increasing geriatric population in the region, who are more prone to cardiovascular diseases. The high prevalence rate of cardiovascular diseases and other heart-related disorders among the population was expected to boost the growth of the market. Reports from previous years indicated that cardiovascular diseases were the leading cause of death in the Asia Pacific region, claiming around 11 million lives in 2019, which accounted for approximately 35% of the total deaths in the region.
The market dynamics in both North America and Asia Pacific demonstrated a clear trend towards growth, driven by the rising incidence of heart diseases and the increasing availability of advanced cardiac implant technologies. Both regions were expected to continue driving global market trends, with North America benefiting from its established healthcare network and Asia Pacific seeing growth due to its expanding population and improving healthcare access. These factors were anticipated to contribute to the overall expansion of the global cardiac implants market during the forecast period.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Cardiac Implants Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Drivers, Restraints and Opportunity Analysis
Drivers
- Increasing Prevalence of Cardiovascular Diseases (CVDs)
- Advancements in Cardiac Implant Technology
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Aging Global Population - The aging global population is a significant driver in the context of limited reimbursement policies, particularly within the cardiac implants market. As the global population continues to age, the prevalence of cardiovascular diseases, such as heart failure, arrhythmias, and coronary artery disease, is rising. Older individuals are more susceptible to these conditions, and as a result, there is an increasing demand for cardiac implants like pacemakers, stents, and defibrillators to manage and treat these diseases. However, the issue of limited reimbursement policies remains a challenge, as healthcare systems in many countries struggle to cover the full costs of these advanced treatments.
Despite the aging population driving demand for more cardiac implants, many healthcare systems face budget constraints, leading to limited reimbursement for these procedures. This creates a financial burden on both patients and healthcare providers, particularly in regions with less comprehensive insurance coverage or underfunded healthcare systems. In countries with limited reimbursement, patients may face high out-of-pocket expenses for cardiac implant surgeries, making it difficult for many elderly individuals to access the care they need.
However, the aging population also highlights the growing importance of addressing these reimbursement challenges. As more individuals require cardiac implants, there will be increased pressure on healthcare systems to adapt their reimbursement policies to accommodate the growing demand. Governments and insurers may be incentivized to broaden coverage for cardiac implant procedures, particularly as they recognize the long-term cost savings associated with treating cardiovascular diseases early and effectively. Therefore, while limited reimbursement policies may initially constrain access to cardiac implants, the aging global population serves as a key driver for healthcare reform, potentially leading to more inclusive and comprehensive reimbursement strategies in the future.
Restraints
- High Cost of Cardiac Implants
- Risk of Complications and Device Failures
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Limited Reimbursement Policies - Limited reimbursement policies represent a significant restraint on the global cardiac implants market, as they create financial barriers for both patients and healthcare providers. In many regions, reimbursement for cardiac implant procedures, such as pacemaker and defibrillator implants, is insufficient or overly restrictive, making it difficult for patients to afford the necessary treatments. While some insurers and healthcare systems cover a portion of the costs, high out-of-pocket expenses remain a burden for many individuals, particularly those without comprehensive insurance or in low-income areas. This limits access to life-saving devices and can deter patients from seeking timely treatment.
Healthcare providers also face challenges when reimbursement rates do not adequately cover the costs of implant surgeries, follow-up care, and device maintenance. This may discourage hospitals and clinics from offering these services, especially in regions where financial constraints are already a concern. In some cases, healthcare institutions may limit the number of procedures performed or choose to avoid offering newer, more expensive technologies that are not sufficiently reimbursed by insurers.
Furthermore, limited reimbursement policies can impact the adoption of advanced cardiac implant technologies, such as leadless pacemakers or next-generation heart valves, which often come at a higher price point. These devices offer improved outcomes but may not be covered under existing reimbursement schemes, making it harder for patients to access these innovations. As a result, the growth of the market is hindered by the financial restrictions imposed by limited reimbursement policies. While efforts are being made to expand coverage and improve reimbursement rates for cardiac implants, these ongoing challenges continue to affect the accessibility and affordability of these life-saving treatments for many individuals.
Opportunities
- Technological Innovations and Next-Generation Devices
- Expansion in Emerging Markets
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Growth of Remote Monitoring and Telemedicine - The growth of remote monitoring and telemedicine presents a significant opportunity in overcoming the challenges posed by limited reimbursement policies in the global healthcare market, particularly in the context of cardiac implants. As healthcare systems worldwide seek to reduce costs while improving patient outcomes, remote monitoring and telemedicine have emerged as effective solutions. These technologies allow for continuous tracking of patients with cardiac implants, such as pacemakers and defibrillators, enabling healthcare providers to monitor patients' conditions in real-time without requiring frequent in-person visits. This shift not only enhances patient convenience but also reduces the strain on healthcare resources.
For patients, especially those in rural or underserved areas, remote monitoring and telemedicine provide access to specialized cardiac care without the need for long-distance travel. This is particularly beneficial for patients with chronic heart conditions who need regular monitoring. From a financial perspective, remote monitoring can help reduce hospitalization rates and emergency room visits, thus lowering overall healthcare costs. These cost-saving benefits make remote monitoring more attractive to healthcare providers and payers, helping to address the issue of limited reimbursement for traditional in-person consultations and procedures.
Furthermore, telemedicine can bridge the gap in reimbursement policies by offering more flexible care options. While reimbursement for remote services may still be limited in some regions, ongoing policy shifts and increased recognition of telehealth's benefits are expected to encourage more comprehensive reimbursement structures. As healthcare providers and insurers increasingly embrace telemedicine and remote monitoring technologies, the adoption of these services is likely to grow, offering patients more affordable and efficient access to cardiac care, while also addressing the financial barriers posed by limited reimbursement policies. This growing trend presents a valuable opportunity for the global cardiac implants market to expand and improve patient care outcomes.
Competitive Landscape Analysis
Key players in Global Cardiac Implants Market include:
- Thoratec Corporation
- LEPU MEDICAL
- Carmat SA
- Bard Incorporated
- Abiomed
- Cardiobridge Gmbh
- Asahi Kasei Corporation (Evaheart Medical U.S.A., Inc.)
- CardiacAssist Technologies and
- Berlin Heart GmbH
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Device
- Market Snapshot, By Indication
- Market Snapshot, By End-Use
- Market Snapshot, By Region
- Global Cardiac Implants Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- Increasing Prevalence of Cardiovascular Diseases (CVDs)
- Advancements in Cardiac Implant Technology
- Aging Global Population
- Restraints
- High Cost of Cardiac Implants
- Risk of Complications and Device Failures
- Limited Reimbursement Policies
- Opportunities
- Technological Innovations and Next-Generation Devices
- Expansion in Emerging Markets
- Growth of Remote Monitoring and Telemedicine
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Global Cardiac Implants Market, By Device, 2021 - 2031 (USD Million)
- Cardiac Rhythm Management Devices
- Coronary Stents
- Prosthetic Heart Valve Devices
- Ventricular Assist Devices
- Implantable Loop recorder/ Implantable Cardiac Monitor
- Others.
- Global Cardiac Implants Market, By Indication, 2021 - 2031 (USD Million)
- Arrhythmias
- Myocardial Ischemia
- Acute Myocardial Infarction
- Heart Failure
- Others
- Global Cardiac Implants Market, By End-Use, 2021 - 2031 (USD Million)
- Hospitals
- Cardiac Care Centers
- Ambulatory Centers & Home Care
- Academic Institutes
- Others
- Global Cardiac Implants Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Global Cardiac Implants Market, By Device, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles:
- Thoratec Corporation
- LEPU MEDICAL
- Carmat SA
- Bard Incorporated
- Abiomed
- Cardiobridge Gmbh
- Asahi Kasei Corporation (Evaheart Medical U.S.A., Inc.)
- CardiacAssist Technologies and
- Berlin Heart GmbH
- Company Profiles:
- Analyst Views
- Future Outlook of the Market