The Global Brazil Cardiac Pacemakers Market Growth Accelerated By Rising Prevalence Of Cardiovascular Disease

Brazil Cardiac Pacemakers Market 

 Cardiac pacemakers are medical devices that helps maintain regular heart rhythms in patients suffering from arrhythmias or heart blockages. An increasing number of people suffering from cardiovascular diseases such as coronary heart disease, heart failure and cardiomyopathy are driving the demand for cardiac pacemakers.

The global Brazil Cardiac Pacemakers Market is estimated to be valued at US$319.82 Mn in 2023 and is expected to exhibit a CAGR of 15% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Market key trends:

The rising prevalence of cardiovascular diseases is one of the key factors boosting the growth of the Brazil cardiac pacemakers market. According to the World Health Organization (WHO), cardiovascular diseases (CVDs) are the leading cause of death globally, taking an estimated 17.9 million lives each year. Growing geriatric population, stressful lifestyle and increasing obesity are some of the major risk factors fueling the incidence of CVDs. In Brazil itself, CVDs account for approximately 30% of total deaths annually. As cardiac pacemakers offer an effective treatment alternative for arrhythmias and heart blocks caused due to CVDs, their growing demand is anticipated to drive the Brazil cardiac pacemakers market over the forecast period.
Segment Analysis
The Brazil Cardiac Pacemakers market is dominated by external pacemakers sub segment. External pacemakers held around 75% market share owing to their cost effectiveness as compared to implantable pacemakers. External pacemakers has larger patient base requiring temporary pacing.

Key Takeaways
The global Brazil Cardiac Pacemakers market growth is expected to witness high growth. The global Brazil Cardiac Pacemakers Market is estimated to be valued at US$319.82 Mn in 2023 and is expected to exhibit a CAGR of 15% over the forecast period 2023 to 2030.

Southeast region is expected to witness fastest growth in Brazil Cardiac Pacemakers market owing to rising health awareness and improving access to healthcare facilities.

Key players operating in the Brazil Cardiac Pacemakers are American Art Therapy Association, Art Therapy Without Borders, Art With Impact, Canadian Art Therapy Association, Creative Growth Art Center, Expressive Media, International Expressive Arts Therapy Association, Luna Children's Charity, Montage Arts Therapy, National Institute for Trauma and Loss in Children.

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