Press release
Cardiac Rhythm Management (CRM) Devices Market worth US$ 17.2 Billion By 2026 Top Key Players: Abiomed, Berlin Heart, Biotronik SE & Co, Boston Scientific Corporation, Cardiac Science Corporation, General Electric Company, Hill-Rom Holdings, Koninklijke P
Cardiac Rhythm Management (Crm) Devices Market
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Competitive Landscape and Key Vendors
Some of the leading companies profiled in the Cardiac Rhythm Management (CRM) Devices Market report include Abiomed, Inc., Berlin Heart GmbH, Biotronik SE & Co. KG, Boston Scientific Corporation, Cardiac Science Corporation, General Electric Company (GE), Hill-Rom Holdings, Inc., Koninklijke Philips N.V., LivaNova PLC, Medtronic plc, SCHILLER AG, and Abbott Laboratories.
High cholesterol level, high alcohol consumption, smoking and obesity causes heart diseases. Due to these reasons, approximately 30% of total deaths are caused by cardiovascular diseases across the world. Cardiac rhythm management is a procedure of monitoring the heart function through a device. This device is used to deliver therapeutic solutions to people suffering from cardiac disorders such as cardiac arrests, heart failure, or cardiac arrhythmias. Cardiac ailments are the primary reasons causing irregular heartbeat.
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Increasing patient awareness is considered to be one of the reasons generating lucrative market opportunity for the global Cardiac Rhythm Management (CRM) Devices market. The influence of this factor has affected the market growth significantly in emerging countries, as the usage and the adoption rate for these devices is very low in emerging regions. Currently, there are number of implantable-assisted and novel products available however, the patients and surgeons present in developing economies are unaware about the advancement of CRM devices, thereby restricting the market growth. In addition, high prevalence of cardiovascular diseases, technological advancements, rising government initiatives and increasing rise in life expectancy are other factors anticipated to boost the cardiac rhythm management (CRM) devices market.
The report provides an extensive qualitative and quantitative analysis of the market trends and growth prospects of the Global Cardiac Rhythm Management (CRM) Devices market, 2017-2026. This report also comprises a detailed geographic analysis of the market across North America, Europe, APAC, Latin America, and MEA regions. North America is further segmented into U.S., Canada, and Mexico. European regional analysis section covers Germany, UK, Italy, and France. While the Asia Pacific region is bifurcated into China, India, and Japan. In 2017, North America Cardiac Rhythm Management (CRM) Devices Market was estimated to dominate the market growth due to developed healthcare infrastructure, favourable reimbursement schemes, higher healthcare expenditure, and increasing awareness among the population.
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Key Segments
Product
• Pacemakers
External Pacemakers
Implantable pacemakers
• Cardiac Resynchronization Therapy (CRT)
CRT-Defibrillators (CRT-D)
CRT-Pacemakers (CRT-P)
• Defibrillators
Implantable Cardioverter Defibrillators (ICDs)
Transvenous ICD (T-ICD)
Subcutaneous ICD (S-ICD)
External Defibrillator (ED)
Manual ED
Automated ED (AED)
Wearable Cardioverter Defibrillator
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