China Cardiovascular Devices Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The report covers China Cardiovascular Volume Based Procurement Device & Companies and the market is segmented by Diagnostic and Monitoring Devices (Electrocardiogram (ECG), Remote Cardiac Monitoring and Other Diagnostic and Monitoring Devices) and Therapeutic and Surgical Devices (Cardiac Assist Devices, Cardiac Rhythm Management Devices, Catheter, Grafts, Heart Valves, Stents and Other Therapeutic and Surgical Devices). The market provides the value (in USD million) for the above-mentioned segments.

China Cardiovascular Devices Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Cardiovascular Devices Market Size

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china cardiovascular devices market analysis
Study Period 2019 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
Market Size (2025) USD 3.16 Billion
Market Size (2030) USD 4.19 Billion
CAGR (2025 - 2030) 5.79 %
Market Concentration Low

Major Players

China Cardiovascular Devices Market Major Players

*Disclaimer: Major Players sorted in no particular order

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Cardiovascular Devices Market Analysis

The China Cardiovascular Devices Market size is estimated at USD 3.16 billion in 2025, and is expected to reach USD 4.19 billion by 2030, at a CAGR of 5.79% during the forecast period (2025-2030).

The COVID-19 pandemic affected the studied market significantly. Since the beginning of the pandemic, healthcare systems in China resulted in the interruption of usual care in many healthcare facilities, exposing vulnerable patients with cardiovascular diseases to significant risks. However, the demand for cardiovascular devices increased during the pandemic owing to the increased risk of infection among patients with cardiovascular diseases (CVDs). Additionally, research related to CVDs increased in the country during the pandemic. The article 'Coronavirus fulminant myocarditis treated with glucocorticoid and human immunoglobulin' published in January 2021 showed that when a case study was conducted on a Chinese male admitted to hospital with chest pain and dyspnoea, chest computed tomography (CT) examination indicated pulmonary infection, enlarged heart, and pleural effusion, while the electrocardiogram (ECG) suspected acute myocardial infarction. Therefore, the diagnostic devices used for diagnoses increased during the pandemic phase. Owing to the burden of heart diseases in the country the adoption of cardiovascular devices used for diagnosis and treatment increased. Thus, the pandemic is expected to have a significant impact on the studied market.

Factors such as rapid technological advances, growing public awareness, and government initiatives related to cardiovascular diseases are expected to fuel cardiovascular devices market growth in China.

Cardiovascular disease (CVD) is the leading cause of healthcare burden in China. The prevalence and incidence of the disease are increasing with time. The research article 'Cardiovascular Disease Mortality and Potential Risk Factor in China: A Multi-Dimensional Assessment by a Grey Relational Approach' published in April 2022 mentioned that CVD is one of the major healthcare burdens in China. And as per the article, currently, 290 million people suffering from cardiac disorders (13 million), Stroke, coronary heart disease (11 million), rheumatic heart disease (2.5 million), heart failure (4.5), congenital heart disease (2 million), pulmonary heart disease (5 million), and hypertension (245 million) in China. Also, the source above, mentioned that out of the total mortality related to CVD, 40% occurs in China alone. Thus, such burden and persistent risk of CVD among the target population in China is expected to demand cardiology medical devices for treatment and diagnosis. Thereby, driving the market growth.

Furthermore, the major or minor companies present in China are focused on developing advanced technologies for the treatment of the high-burden target population. This is one of the prominent factors that is expediating the cardiovascular devices market growth in China. For instance, in January 2022, Medtronic plc, a global healthcare technology received approval from the National Medical Products Administration (NMPA) for its CoreValve Evolut PRO TAVR system for the treatment of severe aortic stenosis (AS) for symptomatic patients in China who are at high or extreme risk for open heart surgery.

In addition, a joint venture between Genesis MedTech and Shockwave was formed in March of 2021 to distribute Shockwave's products in China and to strengthen Genesis MedTech's Wuxi research and development and production base to accelerate the manufacturing of Shockwave's products for the local Chinese market. Further in May 2022, Shockwave Medical, Inc. and Genesis MedTech Group successfully obtained approval from China's National Medical Products Administration (NMPA) to market and sell the Shockwave IVL System with the Shockwave C2 Coronary IVL Catheters and the Shockwave M5 and S4 Peripheral IVL Catheters in China. Such developments in the country are expected to drive the studied market growth during the analysis period.

Therefore, the aforesaid factors are expected to contribute to the growth of the cardiovascular devices market in China. However, stringent regulatory systems for several products might hamper the market growth over the analysis period.

Cardiovascular Devices Industry Overview

The competitive landscape of the China Cardiovascular devices market covers the business overview, financials, products, and strategies followed by major companies. The cardiovascular devices market in China is highly competitive and consists of several major players. In terms of market share, a few of the major players are currently dominating the market. Some of the Key companies which are currently dominating the market are Abbott Laboratories, Boston Scientific Corporation, Mindray Medical International Limited, Edwards Lifesciences, WL Gore & Associates Inc., Medtronic PLC, Lepu Medical Technology (Beijing) Co. Ltd, Terumo Corporation, and Microport Scientific Corporation, among others.

Cardiovascular Devices Market Leaders

  1. Abbott Laboratories

  2. Boston Scientific Corporation

  3. Medtronic PLC

  4. Lepu Medical Technology(Beijing)Co.,Ltd.

  5. Terumo Corporation

  6. *Disclaimer: Major Players sorted in no particular order
china CVD devices market concentration.png
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Cardiovascular Devices Market News

  • In July 2022, China's National Medical Products Administration issued marketing approval for an "artificial heart" for severe heart failure developed by the China Academy of Launch Vehicle Technology and TEDA International Cardiovascular Hospital based in north China's Tianjin Municipality. The artificial heart launched is an implantable ferrofluids-driven left ventricular assist device.
  • In February 2022, Medtronic, one of the global medical device makers planned to invest USD 10 million to build core cardiovascular device production lines in the Lingang Special Area of Shanghai's free trade zone in China.

Cardiovascular Devices Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Rapid Technological Advancements
    • 4.2.2 Growing Public Awareness and Government Initiatives Related to Cardiovascular Diseases
  • 4.3 Market Restraints
    • 4.3.1 Shortage of Skilled Medical Professionals
    • 4.3.2 High Cost of Instruments and Procedures
  • 4.4 Porter's Five Forces Analysis
    • 4.4.1 Threat of New Entrants
    • 4.4.2 Bargaining Power of Buyers/Consumers
    • 4.4.3 Bargaining Power of Suppliers
    • 4.4.4 Threat of Substitute Products
    • 4.4.5 Intensity of Competitive Rivalry

5. MARKET SEGMENTATION (Market Size by Value - USD million)

  • 5.1 By Device Type
    • 5.1.1 By Diagnostic and Monitoring Devices
    • 5.1.1.1 Electrocardiogram (ECG)
    • 5.1.1.2 Remote Cardiac Monitoring
    • 5.1.1.3 Other Diagnostic and Monitoring Devices
    • 5.1.2 By Therapeutic and Surgical Devices
    • 5.1.2.1 Cardiac Assist Devices
    • 5.1.2.2 Cardiac Rhythm Management Devices
    • 5.1.2.3 Catheter
    • 5.1.2.4 Grafts
    • 5.1.2.5 Heart Valves
    • 5.1.2.6 Stents
    • 5.1.2.7 Other Therapeutic and Surgical Devices

6. COMPETITIVE LANDSCAPE

  • 6.1 Company Profiles
    • 6.1.1 Abbott Laboratories
    • 6.1.2 Boston Scientific Corporation
    • 6.1.3 Mindray Medical International Limited
    • 6.1.4 Edwards Lifesciences
    • 6.1.5 WL Gore & Associates Inc.
    • 6.1.6 Medtronic PLC
    • 6.1.7 Lepu Medical Technology (Beijing) Co. Ltd
    • 6.1.8 Terumo Corporation
    • 6.1.9 Microport Scientific Corporation
    • 6.1.10 Suzhou Haobro Medical Device Co.,Ltd
    • 6.1.11 Kossel Medtech (Suzhou) Co., Ltd.
    • 6.1.12 Elite Medtek(Jiangsu) Co., Ltd
    • 6.1.13 Insight Lifetech Co., Ltd.
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability
**Competitive Landscape Covers - Business Overview, Financials, Products and Strategies, and Recent Developments
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Cardiovascular Devices Industry Segmentation

As per the scope of the report, cardiovascular devices are used to diagnose and treat heart disease and related health problems. Also, cardiovascular devices regulate heart rhythm abnormalities and irregular heartbeat which are two major examples of irregularities caused by the heart. The China Cardiovascular Devices Market is segmented by Diagnostic and Monitoring Devices (Electrocardiogram (ECG), Remote Cardiac Monitoring and Other Diagnostic and Monitoring Devices) and Therapeutic and Surgical Devices (Cardiac Assist Devices, Cardiac Rhythm Management Devices, Catheter, Grafts, Heart Valves, Stents and Other Therapeutic and Surgical Devices). The market report also covers the estimated market sizes and trends for 17 different countries across major regions globally. The report offers the value (in USD million) for the above segments.

By Device Type By Diagnostic and Monitoring Devices Electrocardiogram (ECG)
Remote Cardiac Monitoring
Other Diagnostic and Monitoring Devices
By Therapeutic and Surgical Devices Cardiac Assist Devices
Cardiac Rhythm Management Devices
Catheter
Grafts
Heart Valves
Stents
Other Therapeutic and Surgical Devices
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Cardiovascular Devices Market Research FAQs

How big is the China Cardiovascular Devices Market?

The China Cardiovascular Devices Market size is expected to reach USD 3.16 billion in 2025 and grow at a CAGR of 5.79% to reach USD 4.19 billion by 2030.

What is the current China Cardiovascular Devices Market size?

In 2025, the China Cardiovascular Devices Market size is expected to reach USD 3.16 billion.

Who are the key players in China Cardiovascular Devices Market?

Abbott Laboratories, Boston Scientific Corporation, Medtronic PLC, Lepu Medical Technology(Beijing)Co.,Ltd. and Terumo Corporation are the major companies operating in the China Cardiovascular Devices Market.

What years does this China Cardiovascular Devices Market cover, and what was the market size in 2024?

In 2024, the China Cardiovascular Devices Market size was estimated at USD 2.98 billion. The report covers the China Cardiovascular Devices Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the China Cardiovascular Devices Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

China Cardiovascular Devices Industry Report

Statistics for the 2025 China Cardiovascular Devices market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. China Cardiovascular Devices analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.