LONDON--(BUSINESS WIRE)--Infiniti Research recently assessed the growth prospects of the leadless pacemaker devices market in Europe for a leading manufacturer of medical devices. The aim of this market assessment study was to understand the market landscape for leadless pacemakers across the target regions (the UK, France, Italy, Germany, Spain, Netherlands, and Switzerland). With the help of this study, the client was able to evaluate the competitive products, future trends, developments, reimbursement scenario, and opportunities for leadless pacemakers and improve their growth strategies.
The market for leadless pacemakers has experienced significant growth with the rise in aging population, increasing rate of heart diseases and innovations in technology. However, the market has been facing challenges from high cost of the product, need for learning new catheter-based insertion techniques, and reimbursement hurdles. Such factors are anticipated to restrain the growth of the leadless pacemakers market and pose a hurdle for key investors in this market space.
According to Infiniti Research’s market assessment experts, “It is estimated that approximately five million pacemakers are currently in use – and of these, a considerable number of lead failure cases have been reported. Consequently, to reduce the complexity involved with lead wiring, the vendors in the market are increasingly focusing on producing miniature leadless pacemakers.”
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This market assessment study on leadless pacemakers provides benefits that help clients:
- Evaluate the competitive landscape, trends, and potential market drivers
- Estimate the market share for each product – by volume and value
- Attain the average selling price of each focus product
- Recognize the major indications for implanting leadless pacemakers
- Understand the reimbursement structure for leadless pacemakers
This market assessment study on leadless pacemakers offers predictive insights on:
- Current market challenges hampering the adoption of leadless pacemakers
- Current and emerging market trends in terms of the physician adoption rate and projected penetration as compared to TV pacemakers
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