How big is the Cardiac Devices Market | Market Share, Trends & Forecast

Q: How big is the Cardiac Devices market?

The cardiac devices market was estimated at USD 55 billion in 2024 and is projected to reach USD 79 billion by 2031.

Q: What is driving the growth of this market?

Rising cardiac disease rates, aging populations, and demand for advanced treatments are major growth drivers.

Q: What are the current trends in the cardiac devices market?

Wearables, AI-based diagnostics, and minimally invasive devices are trending in the market.

Q: Who are the leading players in the cardiac devices industry?

Medtronic, Abbott, Boston Scientific, and GE Healthcare are among the leading players.

Q: How does 6W market outlook report help businesses in making decisions?

6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.

Q: Do you also provide customisation in the market study?

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Code: MTA5629

Publication Date: Jul 2025

What is the size of the Cardiac Devices Market?

According to 6Wresearch internal database and industry insights, the Cardiac Devices Market was estimated at USD 55 billion in 2024 and is projected to reach USD 79 billion by 2031, growing at a CAGR of 6.5% during the forecast period 2025–2031.

The growth of market is fuelled by rising cardiovascular disease prevalence, aging populations, technological advancements in minimally invasive procedures, and greater adoption of remote monitoring.

Key Growth Drivers of the Cardiac Devices Market

Increasing incidence of coronary artery disease, arrhythmias, and heart failure
Growing geriatric population and sedentary lifestyle-related conditions
Rising demand for minimally invasive and catheter-based treatments
Technological advances in implantable devices and cardiac imaging
Government initiatives to improve cardiac care infrastructure globally

Cardiac Devices Market Trends

The cardiac devices market is seeing strong demand for wearable cardiac monitors, AI-enabled diagnostics, and remote monitoring technologies. Patients and providers are shifting toward less invasive procedures and integrated digital platforms. Furthermore, electrophysiology and structural heart interventions are expanding due to improved outcomes and recovery time. Together, all these trends are contributing in the expansion of the market.

Emerging Developments in the Cardiac Devices Market

Cardiac devices market is developing with innovations like leadless pacemakers, transcatheter aortic valve replacement (TAVR). Alongside, the 3D mapping for ablation is redefining treatment. Now, the companies are investing in digital health integration, such as cloud-connected implantable. And strategic collaborations between device firms and tech companies are accelerating smart cardiac device development.