Cardiac Pacemaker Market - Global Outlook and Forecast 2022 To 2031
The cardiac pacemaker market is expected to grow at a CAGR of over 2% during the period 2022 - 2031. The growing prevalence of abnormal cardiac rhythm disorders, coupled with the increasing elderly population, which is prone to cardiac arrhythmias, is expected to drive the global cardiac pacemaker market . Advancements in technology and engineering provide clinicians innovative ways to care for the aging population. Cardiac pacing, particularly, has witnessed a series of game-changing technologies in the past several years spurred by low-power electronics, high-density batteries, and innovative software designs. Such innovations are expected to drive the cardiac pacemaker market. The global cardiac pacemaker market is witnessing rapid technological advancements and is significantly affected by new product launches. All the companies that primarily derive revenue from cardiac pacemakers are expected to grow at a positive rate. Multiple product launches and a diversified product portf