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In the cardiovascular device market, pacemaker devices are a major segment which is rapidly expanding. A cardiac pacemaker helps in keeping the heart rhythm along with the heart rate at a safer level. Due to the rapid increase of aging population i.e. i.e. more people reaching close to sixty years of age along with the consequent increase in the number of cardiovascular disease incidences, pacemakers market in India, is experiencing a huge growth rate.
Healthy growth rate is likely to be experienced in cardiac pacemaker market in India, due to the awareness of the people along with their high demand for cardiac pacemakers that are available at an affordable price in the market.
The ‘introduction’ section of this report provides information about various types of pacemakers.
The ‘market overview’ section of the report covers key data about the market size of cardiac pacemaker market in India in terms of as well as volume, price range of various types of pacemaker, factors which affect the price of pacemakers.
The ‘purchase’ section in the report provides a short comparative study between the global market and the Indian market for cardiac pacemaker along with the various types of ways in which the players in the cardiac pacemaker market engage with customers in order to increase their market share.
The ‘EXIM’ section of the report provides information about import and export of cardiac pacemakers for the last four years along with the information about the major countries that are into import and export for cardiac pacemaker.
The ‘Drivers & Challenges’ section of the report provides information about the drivers behind the rapid growth of cardiac pacemakers market in India. Changing demographics i.e. as more people reach close to sixty years of age they are likely to develop some heart complications, India’s high rate of cardio vascular disease, growing awareness about the utility of pacemaker among general masses and the insurance companies covering the cost of operation for patients in case of cardiac pacemaker implant are the main drivers behind the rapid growth of cardiac pacemakers market. This section of the report has also compared India with other western countries penetration of cardiac pacemaker. This section has also highlighted the challenges that are faced by the cardiac pacemaker market in India. The per capita spend for medical devices in India is low compared to Western countries, the government lacks proper regulatory structure for medical devices, government initiatives and high capital expenditure for new players are the challenges that are present in this market.
The ‘Trends’ section provides information that are required in improving the technology which will in turn help the market to grow, as users find it more helpful than ever before. The patient’s condition can be monitored through the internet, due to which the patient’s feel safer and in certain scenarios, there is a re-usage of cardiac pacemakers to the patients, who cannot afford them, are some of the latest trends in the cardiac pacemaker market in India.
The ‘Competitive Landscape’ section of the report provides information on Porter’s five forces model which analyses the dynamics of the market, key data about the major players in the market which includes their profile and financial summary and also provides information about the key ratios and key contacts.
The ‘Strategic Recommendations’ section provides key information about strategic recommendations for the players in the cardiac pacemaker market along with a SWOT analysis for all the mentioned companies which include Shree Pacetronix Ltd , a public company and other private companies such as Biotronik Medical Devices Pvt. Ltd, Boston Scientific India Ltd, India Medtronic Pvt. Ltd, Medived Innovations Pvt. Ltd and . Jude Medical India Pvt. Ltd.