| Product Code: ETC8837059 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The cardiac prosthetic device import shipments to the Philippines experienced a significant shift in concentration from high to moderate in 2024, reflecting a more diversified market landscape. The top countries exporting to the Philippines in 2024 include the USA, China, Mexico, South Korea, and Turkey, contributing to the impressive Compound Annual Growth Rate (CAGR) of 37.53% from 2020 to 2024. The remarkable growth rate of 132.3% from 2023 to 2024 indicates a rapidly expanding market for cardiac prosthetic devices in the Philippines, driven by imports from key exporting countries.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Philippines Cardiac Prosthetic Device Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Cardiac Prosthetic Device Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Cardiac Prosthetic Device Market - Industry Life Cycle |
3.4 Philippines Cardiac Prosthetic Device Market - Porter's Five Forces |
3.5 Philippines Cardiac Prosthetic Device Market Revenues & Volume Share, By Products, 2021 & 2031F |
3.6 Philippines Cardiac Prosthetic Device Market Revenues & Volume Share, By End-user, 2021 & 2031F |
4 Philippines Cardiac Prosthetic Device Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing prevalence of cardiovascular diseases in the Philippines |
4.2.2 Growing geriatric population in the country |
4.2.3 Technological advancements in cardiac prosthetic devices |
4.3 Market Restraints |
4.3.1 High cost associated with cardiac prosthetic devices |
4.3.2 Limited healthcare infrastructure in certain regions of the Philippines |
4.3.3 Stringent regulatory requirements for medical devices |
5 Philippines Cardiac Prosthetic Device Market Trends |
6 Philippines Cardiac Prosthetic Device Market, By Types |
6.1 Philippines Cardiac Prosthetic Device Market, By Products |
6.1.1 Overview and Analysis |
6.1.2 Philippines Cardiac Prosthetic Device Market Revenues & Volume, By Products, 2021- 2031F |
6.1.3 Philippines Cardiac Prosthetic Device Market Revenues & Volume, By Cardiac Peacemakers, 2021- 2031F |
6.1.4 Philippines Cardiac Prosthetic Device Market Revenues & Volume, By Conventional Cardiac Peacemakers, 2021- 2031F |
6.1.5 Philippines Cardiac Prosthetic Device Market Revenues & Volume, By Cardiac Resynchronization Therapy Pacemakers (CRT-Ps), 2021- 2031F |
6.1.6 Philippines Cardiac Prosthetic Device Market Revenues & Volume, By Heart Valve Replacement Devices, 2021- 2031F |
6.1.7 Philippines Cardiac Prosthetic Device Market Revenues & Volume, By Transcatheter Heart Valves, 2021- 2031F |
6.1.8 Philippines Cardiac Prosthetic Device Market Revenues & Volume, By Tissue Heart Valves, 2021- 2031F |
6.2 Philippines Cardiac Prosthetic Device Market, By End-user |
6.2.1 Overview and Analysis |
6.2.2 Philippines Cardiac Prosthetic Device Market Revenues & Volume, By Hospitals, 2021- 2031F |
6.2.3 Philippines Cardiac Prosthetic Device Market Revenues & Volume, By Specialty Cardiac Centers, 2021- 2031F |
6.2.4 Philippines Cardiac Prosthetic Device Market Revenues & Volume, By ASCs, 2021- 2031F |
7 Philippines Cardiac Prosthetic Device Market Import-Export Trade Statistics |
7.1 Philippines Cardiac Prosthetic Device Market Export to Major Countries |
7.2 Philippines Cardiac Prosthetic Device Market Imports from Major Countries |
8 Philippines Cardiac Prosthetic Device Market Key Performance Indicators |
8.1 Adoption rate of minimally invasive procedures in cardiac surgeries |
8.2 Number of hospitals offering specialized cardiac care services |
8.3 Rate of healthcare expenditure on cardiovascular diseases in the Philippines |
8.4 Number of successful clinical trials for new cardiac prosthetic devices |
8.5 Patient satisfaction scores related to cardiac prosthetic device usage |
9 Philippines Cardiac Prosthetic Device Market - Opportunity Assessment |
9.1 Philippines Cardiac Prosthetic Device Market Opportunity Assessment, By Products, 2021 & 2031F |
9.2 Philippines Cardiac Prosthetic Device Market Opportunity Assessment, By End-user, 2021 & 2031F |
10 Philippines Cardiac Prosthetic Device Market - Competitive Landscape |
10.1 Philippines Cardiac Prosthetic Device Market Revenue Share, By Companies, 2024 |
10.2 Philippines Cardiac Prosthetic Device Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |