Cardiovascular | Advanced Manufacturing Minneapolis

Cardiovascular Industry Outlook

The cardiovascular devices market is expected to grow from $66.15 billion in 2023 to $72.15 billion in 2024 and a compound annual growth rate of 9.1%. It is expected to grow to $98.57 billion in 2028 at a compound annual growth rate of 8.1%.₁
Innovative treatment technologies in cardiovascular disease (CVD), such as transcatheter aortic valve replacement (TAVR) and 3D printing, are expanding the market for MedTech manufacturers, as the demand for more cardiovascular devices continues to increase on increase healthcare spending.₂
Cardiovascular is a top therapeutic area of interest for this event. ₃

Cardiovascular Industry in Minnesota

In 1957, Earl E. Bakken, the founder of Medtronic Inc., invented the first wearable, battery-operated pacemaker in his Minnesota garage.₄
Minnesota has nearly 530 medical device establishments, with over 34,520 people working in the industry.₅
Minnesota ranks 1st in pacemaker patents per capita, 3rd In medical device patents per capita, and 7th In total medical device patents overall in the United States.₅

Featured Cardiovascular Content in 2024

Panel – Designing Wearable Cardiac Biosensors with Omar Ford, MD+DI, and Steve Davis, Tapecon
High Resolution Computed Tomography Uses in the Evaluation & Application of Cardiovascular Medical Devices with Amanda DeVos, University of Minnesota, and Brett Muehlhauser, NSI
Automating Excellence: How LLMs & Generative AI Transform Medical Device Design with Mai Xiaofan, IntelliU
Case Study – Exploring the Advantages & Opportunities of Utilizing Hydrophilic Coatings on Inner Diameter of Medical Devices with Robert Hergenrother, Biocoat
Questionable Medical Devices: Lessons Learned from a Collection of Oddities with Laurie Kleinbaum Fink, Science Museum of Minnesota
Cardiovascular-focused attendee tour of the expo floor lead by Design News Editor-in-Chief Daphne Allen

These sessions are part of the education program at Advanced Manufacturing Minneapolis, bringing together MD&M, ATX, Design & Manufacturing, MinnPack, and Plastec. Click here for more information.

Tech Tour

Advanced Manufacturing Minneapolis and our official media partner, MD+DI, are bringing this attendee tour of cardiovascular exhibits to the expo floor! This hour-long tour is starting at the MedTech Theater, Booth 3921, on Thursday, October 17th at 1:15 p.m. and will be led by Omar Ford, Editor-in-Chief at MD+DI. Add to your show planner.