Bouncing back to the pre-pandemic levels, the cardiovascular devices market is gaining traction with the advancements driven by artificial intelligence (AI), big data, the internet of medical things (IoMT), and augmented and virtual realities (AR/VR).
The growth of the cardiovascular devices market is primarily attributed to the increasing adoption of advanced treatment techniques, like transcatheter aortic valve replacement (TAVR), transcatheter mitral valve repair and replacements (TMVR), and transcatheter tricuspid valve repair and replacements (TTVR). These percutaneous procedures are swiftly replacing surgical methods and making cardiac treatments possible even for patients who could not tolerate conventional heart surgeries. As a result of these trends, the cardiovascular devices market is projected to grow from last year’s $54.08 billion to $86.27 billion in 2028, at a CAGR of 6.9 percent.
To put the spotlight on such key developments in the industry, MedTech Outlook highlights the key developments in cardiovascular devices and how healthcare providers leverage them in diagnostics and treatment for enhanced monitoring and therapeutic outcomes. The edition features thought leadership articles from Michael Dale, Senior Vice President at Abbott, Beate Graeter, Director of Sterile Processing at CaroMont Health, Marco Dolci, President of Cardiopulmonary at LivaNova, and Thomas Draper, Vice President of Cardiovascular division at Wellstar Health System, who throw light on the recent advancements in cardiovascular devices and how they improve the capabilities in treating cardiovascular diseases.
In this edition of MedTech Outlook magazine, we also bring to you the story of some of the top emerging cardiovascular devices companies that deliver the best outcomes for their clients, including BioSig Technologies and Micro Interventional Devices (MID). While BioSig is unlocking the future of bioelectronic medicine with its pioneering signal processing solutions, MID is revolutionizing the treatment of structural heart diseases. MID’s products for transcatheter cardiac repair (TCR) procedures successfully replicate established surgical structural heart repair procedures percutaneously.
Through the following pages, we aim to shine a light on the innovative trends and latest developments in the cardiovascular devices industry.
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