NEW YORK, July 16, 2012 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue:Global Cardiovascular Device Industry 2012-2017: Trend, Profit and Forecast Analysis http://www.reportlinker.com/p0934904/Global-Cardiovascular-Device-Industry-2012-2017-Trend-Profit-and-Forecast-Analysis.html#utm_source=prnewswire&utm_medium=pr&utm_campaign=Cardiovas
The global cardiovascular device market has experienced good growth during last five years and is expected to reach an estimated US $104 billion in 2017 with a CAGR of 5.2% over the next five years. Growing number of heart related diseases and aging population are expected to drive the market for interventional cardiology device, pacemakers, defibrillators, catheters and other cardiovascular device.
Lucintel, a leading global management consulting and market research firm, has analyzed the global cardiovascular device market and presents its findings in "Global Cardiovascular Device Industry 2012-2017: Trend, Profit and Forecast Analysis."
The global cardiovascular device market is consolidated and consists of Pace Makers, Valves, Cardiovascular Monitoring and Diagnostic Device, Catheters, Interventional cardiology, cardiovascular prosthetic device etc. A combination of factors such as technology innovations, aging population and rising patient pool is seen to impact the market dynamics significantly.
Although the cardiovascular device market is faced by challenges such as variations in awareness and adoption rates, decl