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Middle East Biventricular Pacemaker Market By Geography- Opportunities and Forecast, 2018-2025

Biventricular Pacemaker is used to treat the delay in heart ventricle contraction that occur in patients with severe heart failure. This is basically called cardiac resynchronization therapy and Biventricular Pacemaker is also known as CRT-P or cardiac resynchronization therapy pacemaker. Biventricular Pacemakers work differently from traditional pacemakers.

Traditional pacemakers are used to treat slow heart rate. Leads of these pacemakers are planted into right ventricle and coronary sinus through vein to maintain balanced heart rate. But Biventricular Pacemakers are used to treat severe heart failure symptoms with delayed electrical activation of heart and poor ejection fractions. Biventricular Pacemakers have an extra lead than traditional pacemakers. The third lead helps to contract the left ventricle at the same time to synchronise with right ventricle. This system helps heart to beat in more synchronised way.

The major driving factor of this market is increasing incidence of the target disease with geriatric population. Changing lifestyles with increasing stress, increasing habits of smoking and drinking are the factors for this market growth. Technology advancement and rising investments are other factors for the growth of this market. The treatment helps to improve the quality of life of patients by reducing the symptoms of heart failure. After successfully completion of the therapy patients can take medication as recommended by their physician.

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The cardiac resynchronization therapy should be solely prescribed by cardiologist. But there are some risks associated with this device implantation. Infection, eternal bleeding, damage of adjacent structure may be caused after implantation of the device. After installing the device in body there would have limitations to be in contact with magnetic, electromagnetic radiation and gas-powered appliances. The restraint of this market is its battery life. The battery is permanently sealed inside the device and it can not be replaced after depletion of energy.

Many companies prominent their market presence in this market by introducing technologically advanced pacemakers. The key players of this market are Medtronic Plc, Abbott Laboratories, Boston Scientific Corporation, Biotronik SE & Co. KG, Medico S.p.A, LivaNova Plc, Osypka Medical GmbH, MicroPort Scientific Corporation.

The Middle East Biventricular Pacemaker Market has been segmented on the basis of type, application and key geographies. The research report “Middle East Biventricular Pacemaker Market” provides in-depth analysis of Middle East Biventricular Pacemaker market based on type, application and major geographies for the forecast period from 2018 to 2024. The report also highlights the major market drivers propelling the growth as well as challenges faced by market participants. The research report provides market size and forecast for the Middle East Biventricular Pacemaker market. In addition, the report also analyses the competitive landscape, major players and their strategies in 2018. The competitive landscape section of the report captures and highlights the recent developments in the market.

Key questions answered in this research report:
1- At what pace is Biventricular Pacemaker market growing? What will be growth trend in future?
2- What are the key drivers and restraints in the current market? What will be the impact of drivers and restraints in the future?
3- What are the regional revenue and forecast breakdowns? Which are the major regional revenue pockets for growth in the Biventricular Pacemaker?
4- What are the various application areas and how they are poised to grow?

Market Segments:
• By Type
o Extracorporeal Portable Pacemaker
o Implanted Pacemaker
o Semi-Buried Pacemaker

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• By Application
o Healthcare
o Hospital
o Household
o Ambulatory Surgical Centre

• By Geography
  o Middle East
• GCC Countries
• Saudi Arabia
• United Arab Emirates
• Qatar
• Oman
• Kuwait
• Bahrein
• Egypt
• Jordan
• Lebanon

Leading Market Players:
• Medtronic Plc
• Abbott Laboratories
• Boston Scientific Corporation
• Biotronik
• Medico S.p.A
• LivaNova Plc

*Other prominent players in the market which can be profiled as a part of customization:
• Osypka Medical GmbH
• MicroPort Scientific Corporation.

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About GMI Research
GMI Research is a market research and consulting firm which provides research-based solutions to business executives and investment professionals so that they can make right business & investment decisions faster based on real facts. We help business leaders through independent fact-based insight, ensuring their business achieve success by beating the competition.
GMI Research leverages its industry expertise and experience to identify the industry trends, big opportunities and potential growth areas across industries. Our Syndicated reports provide actionable insights and covers industry trends, market drivers & restraints, macroeconomics factors, market estimates & forecasts, competitive landscape etc. which helps our clients to strengthen its market position by deploying specific strategies and actions that will lead to higher growth.
 
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