United States Cardiovascular Devices Market Size and Share

United States Cardiovascular Devices Market (2025 - 2030)
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United States Cardiovascular Devices Market Analysis by Mordor Intelligence

The United States cardiovascular devices market size was USD 23.33 billion in 2025 and is projected to reach USD 33.27 billion by 2030, expanding at a 7.36% CAGR from 2025 to 2030. Growth stems from the rising prevalence of cardiovascular disease, affecting 126.9 million adults, and steady procedure volumes that stimulate recurring demand for devices. Artificial-intelligence-enabled diagnostics, transcatheter therapeutic breakthroughs, and payment reforms that reward cost-saving technologies are reshaping competitive priorities. Providers increasingly bundle diagnostic and interventional tools to secure volume-based discounts, subtly shifting bargaining power toward large health systems. Venture capital inflows, particularly in structural heart start-ups, expand the innovation pipeline even as hospital capital constraints intensify.

Key Report Takeaways

  • By device type, therapeutic & surgical devices led the United States cardiovascular devices market with a 77.20% market share in 2024, while diagnostic & monitoring devices are forecast to advance at an 8.56% CAGR through 2030.
  • By indication, coronary artery disease accounted for 55.21% of the United States' cardiovascular devices market size in 2024; valvular heart disease is projected to grow at a 6.84% CAGR through 2030.
  • By end user, hospitals accounted for 62.20% revenue in 2024, whereas home-care settings are poised for a 7.91% CAGR between 2025 and 2030.

Segment Analysis

By Device Type: Therapeutic Revenue Dominance, Diagnostic Momentum Intensifies

Therapeutic & surgical products captured 77.20% of the United States cardiovascular devices market share in 2024, underpinned by stents, valve implants, and rhythm-management devices that anchor high-value procedures. Drug-eluting stents remain the mainstay; however, bioresorbable options and intravascular lithotripsy catheters, now under development by Johnson & Johnson, offer additional revenue streams. Physicians value single-vendor kits that bundle guidewires and imaging catheters, a tactic that deepens wallet share for integrated suppliers.

Diagnostic & monitoring devices are forecast to clock an 8.56% CAGR to 2030, the fastest of any category. Cloud analytics, such as EchoGo Amyloidosis, which achieves 84.5% sensitivity and 89.7% specificity, convert ultrasound systems into a source of subscription revenue. Growing reliance on remote physiologic monitoring prompts device makers to embed cellular radios, shifting BOM costs to connectivity chips while generating service-fee income.

United States Cardiovascular Devices Market: Market Share by Device Type
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By Indication: CAD Scale Endures, Valves Accelerate

Coronary artery disease applications accounted for 55.21% of the United States' cardiovascular devices market size in 2024, as complex-lesion tools widen per-case spending. CTO microcatheters and laser atherectomy systems are experiencing rising demand as interventionalists tackle previously surgical cases. Hospitals now stock lesion-specific inventories, underscoring the continued pull of CAD on capital budgets.

Valvular heart disease is expected to pace the market at a 6.84% CAGR through 2030. TAVR volumes have surpassed those of surgery, and next-generation devices are targeting aortic regurgitation and low-risk patients. Transcatheter mitral and tricuspid therapies are scaling quickly, aided by venture funding and pending acquisitions. Hospitals convert hybrid ORs to multi-valve suites, maximizing throughput and reinforcing device pull-through for imaging probes and closure systems.

By End User: Hospital Stronghold, Home-Care Breakout

Hospitals generated 62.20% of 2024 revenue, reflecting the concentration of high-acuity interventions. Yet administrators increasingly favor multipurpose labs over single-procedure rooms to boost utilization and blunt capital expense. Vendor service contracts that guarantee uptime now influence purchase decisions as much as list price.

Home-care settings are slated for a 7.91% CAGR to 2030. Medicare’s RPM payments soared from USD 6.8 million in 2019 to USD 194.5 million in 2023, signalling policy tailwinds. Hypertension dominates RPM use, but heart-failure pressure sensors and post-TAVR monitoring patches broaden the range of applications. Device suppliers bundle tablet hubs and cloud dashboards, capturing service revenue that cushions hardware margin pressure.

United States Cardiovascular Devices Market: Market Share by End User
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Geography Analysis

The Northeast and West lead adoption of advanced structural-heart and electrophysiology technologies, buoyed by academic centers and venture clusters. States such as Massachusetts and California host early feasibility trials, giving local hospitals first access to next-generation valves. These regions also exhibit higher penetration of home-monitoring programs, which aligns with robust broadband coverage.

The South shows the fastest growth in device demand, propelled by elevated obesity and hypertension prevalence. Black and Hispanic populations experience higher PAD amputation risk, spurring regional uptake of drug-coated balloons. Site-of-service incentives are catalyzing ASC build-outs around Atlanta, Dallas, and Houston, attracting commercial payers seeking cost savings.

Midwestern markets exhibit mounting interest in office-based labs as integrated delivery networks offload lower-acuity PCI cases. State certificate-of-need laws and ASC regulations moderate the speed of shift; California’s rules, for instance, restrict specific cardiac procedures outside hospitals, tempering West Coast migration.

Rural locales lag in capital outlays yet benefit from tele-cardiology and RPM, narrowing access gaps. The American Heart Association’s HeartCorps initiative trains local health workers, fostering community adoption of preventive tech. Remote-first device designs long-life sensors with Bluetooth upload to target this dispersed patient base.

Competitive Landscape

Medtronic, Abbott, Boston Scientific, and Edwards Lifesciences anchor a moderately concentrated arena. Medtronic spans every significant cardiovascular segment, leveraging scale to negotiate system-wide contracts. Edwards doubles down on structural heart, posting 88% tricuspid-therapy growth in Q4 2024. Boston Scientific expands its vascular reach through Silk Road Medical, complementing its WATCHMAN and FARAPULSE franchises.

Johnson & Johnson’s USD 13.1 billion purchase of Shockwave Medical secures intravascular lithotripsy for heavily calcified lesions, intensifying the rivalry in coronary stent technology. Capstan Medical’s USD 110 million war chest underscores the venture capital appetite for robotics in valve repair, while Abbott’s dual-chamber leadless pacemaker approval signals the march of miniaturization.

Artificial-intelligence capability is emerging as a differentiator; Ultromics secured FDA clearance for EchoGo Amyloidosis, broadening the software’s reimbursement case. Firms struggle to integrate AI risk product obsolescence as hospitals shift toward data-rich decision support.

United States Cardiovascular Devices Industry Leaders

  1. Abbott Laboratories

  2. Boston Scientific Corporation

  3. Edwards Lifesciences

  4. Medtronic PLC

  5. Cardinal Health Inc.

  6. *Disclaimer: Major Players sorted in no particular order
US Cardiovascular Devices Market Concentration
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Recent Industry Developments

  • February 2025: The ACC issued updated ACS guidelines recommending ticagrelor or prasugrel over clopidogrel, which influences stent adjunct therapy.
  • November 2024: The United States FDA launched a recall-communication pilot to tighten timelines for high-risk cardiovascular devices.
  • 2020: Boston Scientific Unites States launched the DIRECTSENSE Technology, a tool for monitoring the effect of radiofrequency (RF) energy delivery during cardiac ablation procedures.

Table of Contents for United States Cardiovascular Devices Industry Report

1. Introduction

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

2. Research Methodology

3. Executive Summary

4. Market Landscape

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Obesity-Linked PAD Surge Driving Use of Drug-Coated Balloons
    • 4.2.2 ACC/AHA Reimbursement Revisions Incentivizing CRT-D Upgrades
    • 4.2.3 Growth of Office-Based & ASC Cath-Labs via CMS Site-of-Service Differential
    • 4.2.4 Venture Capital Influx into Percutaneous Mitral Repair Start-ups
    • 4.2.5 Rapid Adoption of TAVR Post-FDA Low-Risk Approval & Expanded CMS Coverage
    • 4.2.6 Infection-Control Policies Boosting Demand for Single-Use Diagnostic Catheters
  • 4.3 Market Restraints
    • 4.3.1 Hospital Capital Budget Freezes After Medicare Rate Cuts
    • 4.3.2 Stringent Regulatory Requirements and Product Recall
    • 4.3.3 Semiconductor Shortages Disrupting ICD Generator Supply
    • 4.3.4 Stringent 510(k) Predicate Requirements for Bioresorbable Scaffolds
  • 4.4 Supply-Chain Analysis
  • 4.5 Regulatory Landscape
  • 4.6 Technological Outlook
  • 4.7 Porter’s Five Forces Analysis
    • 4.7.1 Threat of New Entrants
    • 4.7.2 Bargaining Power of Suppliers
    • 4.7.3 Bargaining Power of Buyers
    • 4.7.4 Threat of Substitutes
    • 4.7.5 Competitive Rivalry

5. Market Size & Growth Forecasts (Value)

  • 5.1 By Device
    • 5.1.1 Diagnostic & Monitoring Devices
    • 5.1.1.1 ECG Systems
    • 5.1.1.2 Remote Cardiac Monitor
    • 5.1.1.3 Cardiac MRI
    • 5.1.1.4 Cardiac CT
    • 5.1.1.5 Echocardiography / Ultrasound
    • 5.1.1.6 Fractional Flow Reserve (FFR) Systems
    • 5.1.2 Therapeutic & Surgical Devices
    • 5.1.2.1 Coronary Stents
    • 5.1.2.1.1 Drug-Eluting Stents
    • 5.1.2.1.2 Bare-Metal Stents
    • 5.1.2.1.3 Bioresorbable Stents
    • 5.1.2.2 Catheters
    • 5.1.2.2.1 PTCA Balloon Catheters
    • 5.1.2.2.2 IVUS/OCT Catheters
    • 5.1.2.3 Cardiac Rhythm Management
    • 5.1.2.3.1 Pacemakers
    • 5.1.2.3.2 Implantable Cardioverter Defibrillators
    • 5.1.2.3.3 Cardiac Resynchronization Therapy Devices
    • 5.1.2.4 Heart Valves
    • 5.1.2.4.1 TAVR/TAVI
    • 5.1.2.4.2 Mechanical Valves
    • 5.1.2.4.3 Tissue/Bioprosthetic Valves
    • 5.1.2.5 Ventricular Assist Devices
    • 5.1.2.6 Artificial Hearts
    • 5.1.2.7 Grafts & Patches
    • 5.1.2.8 Other Cardiovascular Surgical Devices
  • 5.2 By Indication
    • 5.2.1 Coronary Artery Disease
    • 5.2.2 Arrhythmia
    • 5.2.3 Heart Failure
    • 5.2.4 Valvular Heart Disease
  • 5.3 By End User
    • 5.3.1 Hospitals
    • 5.3.2 Home Care Settings
    • 5.3.3 Others

6. Competitive Landscape

  • 6.1 Market Concentration
  • 6.2 Market Share Analysis
  • 6.3 Company Profiles {(includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share for key companies, Products & Services, and Recent Developments)}
    • 6.3.1 Medtronic plc
    • 6.3.2 Abbott Laboratories
    • 6.3.3 Boston Scientific Corporation
    • 6.3.4 Edwards Lifesciences Corporation
    • 6.3.5 Johnson & Johnson
    • 6.3.6 Terumo Corporation
    • 6.3.7 Becton, Dickinson and Company
    • 6.3.8 W. L. Gore & Associates, Inc.
    • 6.3.9 Siemens Healthineers AG
    • 6.3.10 MicroPort CRM (MicroPort Scientific)
    • 6.3.11 Biotronik
    • 6.3.12 LivaNova PLC
    • 6.3.13 Getinge AB
    • 6.3.14 Teleflex Incorporated
    • 6.3.15 Cordis Corporation
    • 6.3.16 Merit Medical Systems, Inc.

7. Market Opportunities & Future Outlook

  • 7.1 White-space & Unmet-Need Assessment
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United States Cardiovascular Devices Market Report Scope

As per the scope of the report, cardiovascular diseases are a group of disorders of the heart and blood vessels that include coronary heart disease, peripheral arterial disease, congenital heart disease, and cerebrovascular disease. Cardiovascular devices are used to treat or prevent different cardiovascular conditions. The United States cardiovascular devices market is segmented by device type (Diagnostic and Monitoring Devices and Therapeutic and Surgical Devices).

By Device
Diagnostic & Monitoring Devices ECG Systems
Remote Cardiac Monitor
Cardiac MRI
Cardiac CT
Echocardiography / Ultrasound
Fractional Flow Reserve (FFR) Systems
Therapeutic & Surgical Devices Coronary Stents Drug-Eluting Stents
Bare-Metal Stents
Bioresorbable Stents
Catheters PTCA Balloon Catheters
IVUS/OCT Catheters
Cardiac Rhythm Management Pacemakers
Implantable Cardioverter Defibrillators
Cardiac Resynchronization Therapy Devices
Heart Valves TAVR/TAVI
Mechanical Valves
Tissue/Bioprosthetic Valves
Ventricular Assist Devices
Artificial Hearts
Grafts & Patches
Other Cardiovascular Surgical Devices
By Indication
Coronary Artery Disease
Arrhythmia
Heart Failure
Valvular Heart Disease
By End User
Hospitals
Home Care Settings
Others
By Device Diagnostic & Monitoring Devices ECG Systems
Remote Cardiac Monitor
Cardiac MRI
Cardiac CT
Echocardiography / Ultrasound
Fractional Flow Reserve (FFR) Systems
Therapeutic & Surgical Devices Coronary Stents Drug-Eluting Stents
Bare-Metal Stents
Bioresorbable Stents
Catheters PTCA Balloon Catheters
IVUS/OCT Catheters
Cardiac Rhythm Management Pacemakers
Implantable Cardioverter Defibrillators
Cardiac Resynchronization Therapy Devices
Heart Valves TAVR/TAVI
Mechanical Valves
Tissue/Bioprosthetic Valves
Ventricular Assist Devices
Artificial Hearts
Grafts & Patches
Other Cardiovascular Surgical Devices
By Indication Coronary Artery Disease
Arrhythmia
Heart Failure
Valvular Heart Disease
By End User Hospitals
Home Care Settings
Others
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Key Questions Answered in the Report

What is the current size of the United States cardiovascular devices market?

• The United States cardiovascular devices market size reached USD 23.33 billion in 2025.

Who are the key players in United States Cardiovascular Devices Market?

• The market is projected to expand at a 7.36% CAGR from 2025 to 2030, reaching USD 33.27 billion by the end of the forecast period.

Which device segment is growing the quickest in the U.S. cardiovascular devices market?

• Diagnostic & monitoring devices are the fastest-growing category, forecast to register an 8.56% CAGR through 2030 as remote patient monitoring adoption accelerates.

What reimbursement changes are influencing device purchasing decisions?

• The 2025 ACC/AHA criteria reward longer-life CRT-D implants, saving Medicare about USD 15,120 per patient over six years and encouraging hospitals to upgrade sooner.

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