Temporary Cardiac Pacing Wires Leads Market Growth and Restrain Factors Analysis 2018 – 2028April 9, 2021
Hear Diseases take a hefty 18 million lives every year and thus, it does not come as a surprise that as per World Health Organization, it is the number one killer globally. Some of the disorders that are related to Cardiovascular Diseases include issues with blood vessels, rheumatic heart disease, cerebrovascular disease, coronary heart disease and so on. In fact, the situation is so pronounced that four out of five deaths in the category of CVD belong to the subcategory of strokes and heart attacks. And, in people below the age of 70, about one-third deaths are premature.
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Some of the major issue that lead to CVD are sedentary lifestyle which is not shocking considering a large populace eats out, is chained to the work desk for a very long period and hardly ever exercises, thanks to hectic schedules and rise of nuclear families, coupled with dual income families. Additionally, the high stress levels that come with a hectic lifestyle lead to habits such as excessive drinking, smoking and consumption of tobacco that hurts heart health in a major way.
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All this together is paving the way for a steady growth curve between 2018 and 2028. It is a fragmented market landscape and major players operating the playfield include Becton, Dickinson and Company (C.R. Bard), Abbott Laboratories (St. Jude Medical), Vance Street Capital LLC (A&E Medical Corporation), Medtronic Plc., B. Braun Melsungen AG, Teleflex Incorporated, Edwards Lifesciences Corporation, Oscor Inc., Osypka AG, and BioTrace Medical Inc.
Region-wise, North America and Europe will chart a significant curve owing to rapidly ageing population. In fact, as per a recent study, one in every four people in this region will be aged 65 and above. And, this demographic is particularly susceptible to heart issues, driving growth in the global temporary cardiac pacing wires leads market.
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