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Spain Cardiovascular Devices Market - Growth, Trends & Forecast (2020 - 2025)
The market is segmented by Device Type (Diagnostic & Monitoring Devices and Therapeutic & Surgical)
- ABOUT THIS REPORT
- Market Snapshot
- Market Overview
- Scope of the Report
- Key Market Trends
- Competitive Landscape
- Major Players
- TABLE OF CONTENTS
Market Snapshot
Study Period:
2017-2025
Base Year:
2019
CAGR:
4.5 %
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Market Overview
Cardiovascular devices are considered to be used to diagnose and treat heart disease and related health problems. Due to increasing prevalence and risk rate of cardiovascular diseases, the demand for cardiovascular devices has increased in Spain. As a result, there are also many technological advancements that have been made in the development of cardiovascular devices that are more efficient and accurate.
However there is an increasing demand that has also made Spain a lucrative market for the global players, which has helped the market growth in recent years. Moreover, increasing demand for minimally invasive cardiac procedures for treatment has also propelled the market growth. However, high cost of devices and procedures have been restraining the market growth.
Scope of the Report
As per the scope of the report cardiovascular devices are used to diagnose, monitor and treat heart disease and related health problems. A cardiac device is used to keep your heart beating with a normal rhythm.
In the report, a detailed analysis of the spain cardiovascular devices market is provided. The market is evaluated by collating revenues generated across segments, categorized by Device Type.
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Key Market Trends
Electrocardiogram (ECG) is Expected to Dominate the Market
Electrocardiography (ECG) is the process of producing an electrocardiogram of the electrical activity of the heart. These electrodes detect the small electrical changes that are a consequence of cardiac muscle depolarization followed by repolarization during each cardiac cycle. Changes in the normal ECG pattern occur in numerous cardiac abnormalities, including cardiac rhythm disturbances (such as atrial fibrillation and ventricular tachycardia), inadequate coronary artery blood flow (such as myocardial ischemia and myocardial infarction), and electrolyte disturbances (such as hypokalemia and hyperkalemia).
As per a 2015 report by OECD, the mortality from Cardiovascular disease (CVD) in Spain has is 204 per 100,000 population. Although this prevalence is lower as compared to OECD average, the prevalence is still considered high. Hence the high prevalence of CVD is expected to help the growth of the market.
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Competitive Landscape
Spain is a developed country and also surroumeded other developed European nations. As a result, it enjoys the presence of most of the global players in the cardiovascular devices market. Medtronic, Inc., Boston Scientific Corporation, Abbott Laboratories are some of the key players present in the country.
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Table Of Contents
1. INTRODUCTION
1.1 Study Deliverables
1.2 Study Assumptions
1.3 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 Advances to Boost the Market Growth
4.2.2 Increasing Prevalence of Cardiovascular Diseases in Spain
4.3 Market Restraints
4.3.1 High Cost of Devices and Procedures
4.4 Porter's Five Force 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
5.1 By Device Type
5.1.1 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 Therapeutic and Surgical Devices
5.1.2.1 Cardiac Assist Devices
5.1.2.2 Cardiac Rhythm Management Device
5.1.2.3 Catheter, Stents and Grafts
5.1.2.4 Heart Valves
5.1.2.5 Other Therapeutic and Surgical Devices
6. COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 Abbott Vascular
6.1.2 Biotronik
6.1.3 Boston Scientific Corporation
6.1.4 Cardinal Health
6.1.5 Edwards Life Science
6.1.6 Medtronic PLC
6.1.7 Siemens Healthineers
6.1.8 Terumo Medical
6.1.9 W.L Gore Medical
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
*List Not Exhaustive
** Subject to Availability
**Competitive Landscape covers- Business Overview, Financials, Products and Strategies and Recent Developments
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