Global Pacemaker Market 2014 to 2020 by Technology, Type and Application Analysis: Grand View Research

San Francisco, CA, December 31, 2014 --(PR.com)-- Rising incidences of cardiac disorders, especially cardiac arrhythmia globally is expected to give a boost to the pacemaker market. The pacemaker is a safe option for people suffering from arrhythmia as it not only helps to maintain the irregular rhythm of the heart but also let the patient to resume an active lifestyle. Globally, there is a growing demand for minimally invasive surgeries and rapid technological advancements taking place in the pacemaker market such as the development of the nanostim leadless pacemaker is expected to propel the growth of this market. This device can be implanted through a catheter inside the heart and is less than ten percent the size of a conventional pacemaker. Furthermore, the rising geriatric population base globally is expected to fuel the growth of the overall pacemaker market, as the geriatric population is prone towards cardiac disorders.

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Implantable pacemakers held the largest market share in terms of revenue in 2013, owing to the comfort they provide to the user as compared to the other pacemakers in the market. Regionally North America held the largest revenue share in the pacemaker market as the consequence of large population base suffering from cardiac disorders.

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