Leadless Cardiac Pacemakers Market revenue tops estimates, eyes robust growth rate ahead of 2026

The global leadless cardiac pacemakers market is expected to reach from US$ 47.1 Mn in 2017 to US$ 269.8 Mn by 2026 expanding at a CAGR of 21.9% from 2018 to 2026.

SANJOSE, United States - February 11, 2019 /MarketersMedia/ —

The latest market report published by Credence Research, Inc. “Global Leadless Cardiac Pacemakers Market - Growth, Future Prospects, Competitive Analysis, 2018 - 2026,” the global leadless cardiac pacemakers market is expected to reach from US$ 47.1 Mn in 2017 to US$ 269.8 Mn by 2026 expanding at a CAGR of 21.9% from 2018 to 2026.

Market Insights

Atrial fibrillation is a medical condition in which irregular heartbeats can lead to clinical manifestations such as stroke, blood clot, and other heart complications. Many patients suffering with atrial fibrillation are under the wrong impression that it is not a serious medical condition eventually increasing the occurrence of heart failure by 5 folds. Leadless pacemakers have shown excellent efficacy and safety in the short term and intermediate follow up thereby making it the most viable alternative for transvenous pacemakers. Currently only single chamber pacing systems are commercially available, researchers are working diligently to manufacture dual chamber and multichamber pacing systems in the near future. Leadless pacemakers can be used in conjunction with subcutaneous defibrillator for independent pacing and antitachycardia pacing.

Browse the full report Leadless Cardiac Pacemakers Market - Growth, Future Prospects, Competitive Analysis, 2018 – 2026 report at https://www.credenceresearch.com/report/leadless-cardiac-pacemakers-market

Micra transcatheter pacing system is currently reigning the type segment for leadless cardiac pacemakers market. Extended battery life, no device dislodgement, minimal post implantation complications and easy retrieval drive the transcatheter pacing systems market. It received FDA approval in April 2016 since then it has been implanted in more than 6000 patients in approximately 30 countries worldwide. Nanostim had received EMA approval in 2013 but it received product recall owing to spontaneous detachment of docking button and premature battery failure. WiSE CRT System is still under clinical investigation, it works via acoustic energy to communicate with leadless pacing electrodes.

North America represents a share of 70% in the global leadless cardiac pacemakers regional market. It is the largest market owing to increasing number of patients suffering with atrial fibrillation and presence of major players such as Medtronic, Plc., St. Jude Medical, Inc., and EBR Systems, Inc. etc. Europe accounts for a market share of 18% and is the second largest regional market. Affordable reimbursement scenario and supportive regulatory environment for leadless cardiac pacemakers drive the market growth in European region. Asia Pacific holds 7% market share and is set to register impressive growth during the forecast period from 2018 to 2026 on account of rising prevalence of cardiac arrhythmia and proactive government policies to fight cardiac complications in the Asia Pacific region.

Medical device manufacturers actively participating in the leadless cardiac pacemakers market are Boston Scientific Corporation, EBR Systems, Inc., Medtronic, Plc., Nanostim, Inc. and St. Jude Medical, Inc.

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Key Market Movements:

Increasing number of patients suffering with atrial fibrillation worldwide
Extended battery life, minimal post implantation complications and no device dislodgement are superior features in comparison to traditional pacemakers
Awaiting FDA approval for Nanostim and WiSE CRT System might completely replace the traditional pacemakers market

Browse the full report Leadless Cardiac Pacemakers Market - Growth, Future Prospects, Competitive Analysis, 2018 – 2026 report at https://www.credenceresearch.com/report/leadless-cardiac-pacemakers-market

ToC:
Chapter 4. Global Leadless Cardiac Pacemakers Market, by Type
4.1. Overview
4.2. Micra Transcatheter Pacing System
4.3. Nanostim Leadless Cardiac Pacemaker
4.4. Wireless Cardiac Simulation System

Chapter 5. Global Leadless Cardiac Pacemakers Market, by Geography
5.1. Overview
5.2. North America Leadless Cardiac Pacemakers Market Analysis, 2016 – 2026
5.2.1. North America Leadless Cardiac Pacemakers Market, by Type, 2016 – 2026 (US$ Mn)
5.2.2. North America Leadless Cardiac Pacemakers Market, by Country, 2016 – 2026 (US$ Mn)
5.2.2.1. U.S.
5.2.2.2. Canada
5.3. Europe Leadless Cardiac Pacemakers Market Analysis, 2016 – 2026
5.3.1. Europe Leadless Cardiac Pacemakers Market, by Type, 2016 – 2026 (US$ Mn)
5.3.2. Europe Leadless Cardiac Pacemakers Market, by Country/Region, 2016 – 2026 (US$ Mn)
5.3.2.1. U.K.
5.3.2.2. Germany
5.3.2.3. Rest of Europe
5.4. Asia Pacific Leadless Cardiac Pacemakers Market Analysis, 2016 – 2026
5.4.1. Asia Pacific Leadless Cardiac Pacemakers Market, by Type, 2016 – 2026 (US$ Mn)
5.4.2. Asia Pacific Leadless Cardiac Pacemakers Market, by Country/Region, 2016 – 2026 (US$ Mn)
5.4.2.1. China
5.4.2.2. Japan
5.4.2.3. Rest of Asia Pacific
5.5. Latin America Leadless Cardiac Pacemakers Market Analysis, 2016 – 2026
5.5.1. Latin America Leadless Cardiac Pacemakers Market, by Type, 2016 – 2026 (US$ Mn)
5.5.2. Latin America Leadless Cardiac Pacemakers Market, by Country/Region, 2016 – 2026 (US$ Mn)
5.5.2.1. Brazil
5.5.2.2. Mexico
5.5.2.3. Rest of Latin America
5.6. Middle East & Africa Leadless Cardiac Pacemakers Market Analysis, 2016 – 2026
5.6.1. MEA Leadless Cardiac Pacemakers Market, by Type, 2016 – 2026 (US$ Mn)
5.6.2. MEA Leadless Cardiac Pacemakers Market, by Region, 2016 – 2026 (US$ Mn)
5.6.2.1. GCC
5.6.2.2. Rest of MEA

Chapter 6. Company Profiles
6.1. Boston Scientific Corporation
6.1.1. Business Description
6.1.2. Financial Information (Subject to data availability)
6.1.3. Product Portfolio
6.1.4. News Coverage
6.2. EBR Systems, Inc.
6.3. Medtronic, Plc.
6.4. Nanostim, Inc.
6.5. St. Jude Medical, Inc.
........................toc continued

List of Figure:
FIG. 1 Leadless Cardiac Pacemakers Market: Research Methodology
FIG. 2 Leadless Cardiac Pacemakers: Market Segmentation
FIG. 3 Global Leadless Cardiac Pacemakers Market, by Type, 2017 (US$ Mn)
FIG. 4 Global Leadless Cardiac Pacemakers Market, by Geography, 2017 (US$ Mn)
FIG. 5 Attractive Investment Proposition: by Geography, 2017
FIG. 6 Competitive Analysis: Global Leadless Cardiac Pacemakers Market, by Key Players, 2017
FIG. 7 Global Micra Transcatheter Pacing System Market for Leadless Cardiac Pacemakers, 2016 – 2026 (US$ Mn)
FIG. 8 Global Nanotism Leadless Cardiac Pacemakers Market, 2016 – 2026 (US$ Mn)
FIG. 9 Global Wireless Cardiac Simulation System Market for Leadless Cardiac Pacemakers, 2016 – 2026 (US$ Mn)
FIG. 10 U.S. Leadless Cardiac Pacemakers Market, 2016 – 2026 (US$ Mn)
..........................continued

Browse the full report Leadless Cardiac Pacemakers Market - Growth, Future Prospects, Competitive Analysis, 2018 – 2026 report at https://www.credenceresearch.com/report/leadless-cardiac-pacemakers-market

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