Leadless pacemakers are advanced cardiac pacemakers that are implanted via femoral or trans-cutaneous access in the heart rather than through incisions in the chest. Unlike traditional pacemakers that are implanted under the skin in the chest with wires running from the pacemaker to the heart, leadless pacemakers are directly implanted in the heart and have no wires. They offer advantages such as reducing complications related to pacemaker leads and enabling more compatibility with magnetic resonance imaging (MRI) scans for patients. With advancements in miniaturization of electronics and improvements in battery life, leadless pacemakers are increasingly gaining popularity for treatment of bradycardia. Their global demand is projected to grow substantially in the coming years.
Market Dynamics:
The global leadless pacemakers market is driven by rising geriatric population worldwide that is susceptible to cardiovascular diseases, technological advancements enabling miniaturization of pacemaker systems, and benefits offered by leadless systems over traditional pacemakers such as reducing complications and enabling Magnetic Resonance Imaging, MRI compatibility. However, high cost of leadless pacemakers compared to traditional ones and issues regarding battery longevity act as restraints for the market. Introduction of completely leadless pacing systems with improved battery life by players presents a major growth opportunity. Regionally, developed markets in North America and Europe currently dominate the market but emerging countries in Asia Pacific are expected to provide high growth opportunities in the coming years.
Key Features of the Study:
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