Cardiac Implant Devices Market : Market Analysis by Knowledge Sourcing Intelligence

Introduction The global market size for the cardiac implant devices market is projected to grow with a decent CAGR during the forecast period(2018-2024). Growing global geriatric population is one of the major drivers of the cardiac implant devices market. The rising aging population is boosting the demand for cardiac transplants as the demographic shift towards an older population is putting a higher burden of coronary heart disease worldwide. Factors such as increased life expectancy and declining fertility are the key factors behind the growing aging population across the globe. According to the United Nations statistics, the number of people aged 60 years or above is projected to increase from 962.3 million in 2017 to 2080.5 million by 2050. Since aged people are the most susceptive to suffer from heart diseases, the demand for cardiac disease implants is growing significantly, thus positively impacting the growth of cardiac implant dev