A Pacemaker is a device that helps to regulate the electrical system of the body. It controls the rhythm of the heart and usually implanted under the skin in order to manage arrhythmias. Nearly, around 2 00,000 to 300,000 patients die of arrhythmia every year. The devices that are now available in the Pacemakers market comprise pacemakers that are able to track device data and patient health with the help of remote monitoring systems.
According to a research article by (Hao et al., 2015), “there are more than 3 million functioning permanent pacemakers and about 600,000 pacemakers that are implanted each year worldwide”. As per Delveinsight's estimate, 90% of the Pacemaker devices available in the market are implantable, whereas only 10% of the pacemaker devices can be used externally. There is a huge scope of growth in the Pacemaker Market, as 92% of the devices are currently in the marketed stage”.
To tap the market share, companies such as Abbott, Boston Scientific Corporation., Medtronic, AtaCor Medical, MicroPort Orthopedics, NuVascular Technologies, Leonhardt Ventures are diligently working in the Pacemaker Market.
To get more detailed information, visit: Pacemaker Pipeline Devices