The global temporary pacing leads market is expected to be worth $308.2 million in 2022. Rising government and private sector funding for the healthcare sector, the increasing prevalence of cardiovascular diseases, and the need for minimally invasive procedures are driving market growth. The market is expected to reach nearly US$ 583.9 million by 2032, growing at a CAGR of 6% between 2022 and 2032.
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When a patient’s heartbeat slows and cannot maintain cardiac output, a temporary cardiac pacing lead with two electrodes and a small catheter is used. These leads are inserted through a vein in the neck or groyne into the right ventricle of the heart.
Pacing leads are connected to an external pacemaker, which allows the healthcare professional to monitor and control the patient’s heart rate. A temporary pacing lead sends an electrical stimulus to the heart, causing cardiac cells to depolarize.
The global adoption of temporary pacing leads is increasing due to the occurrence of cardiovascular diseases and arrhythmia, and this trend is expected to continue throughout the forecast period.
Temporary Pacing Leads market players include Medtronic plc, OSCOR Inc, B. Braun Melsungen AG, Biotronik, Sorin Group, Biosensors, Vitatron, Estech, and Greatbatch Medical, among others. The market research depicts a thorough examination of all the players operating in the Temporary Pacing Leads market report, based on distribution channels, local network, innovative launches, industrial penetration, production methods, and revenue generation. The Temporary Pacing Leads market report also includes market strategies and mergers and acquisitions associated with the players.
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Temporary Pacing Leads Market: Segmentation
Based on product type, Temporary Pacing Leads market is segmented into following:
- Unipolar Temporary Pacing Leads
- Bipolar Temporary Pacing Leads
Based on technique, Temporary Pacing Leads market is segmented into following:
- Transcutaneaous Pacing
- Transvenous Pacing
- Epicardial Pacing
Based on end user, Temporary Pacing Leads market is segmented into following:
- Hospitals
- Ambulatory Surgical Centers
- Cardiac Catherization Centers
Regional analysis includes:
- North America (U.S., Canada)
- Latin America (Mexico. Brazil)
- Western Europe (Germany, Italy, France, U.K, Spain)
- Eastern Europe (Poland, Russia)
- Asia Pacific (China, India, ASEAN, Australia & New Zealand)
- Japan
- Middle East and Africa (GCC Countries, S. Africa, Northern Africa)
Critical Questions Answered in the Report
- What are ongoing trends that will shape market growth curve for global Temporary Pacing Leads market?
- What are the drivers and challenges affecting the Temporary Pacing Leads market demand?
- What are the recent technological advancement in the Temporary Pacing Leads market?
- What are key trends and opportunities that will prevail the revenue growth of Temporary Pacing Leads market players?
- How will evolving regulatory policies impact the market growth?
- What is the impact of Covid-19 on the Temporary Pacing Leads market?
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