Cardiac Rhythm Management Devices Market in North America set for rapid growth

Technological advancements in cardiac rhythm devices are driving the Global Cardiac Rhythm Management Devices Market. Fortune Business Insights in a report, titled "Cardiac Rhythm Management Devices Market: Global Market Analysis, Insights and Forecast, 2019-2026" projects the global market to register a CAGR of 4.4% between 2019 and 2026.

In 2019, The global market was worth US$ 13,883.7 Mn and is anticipated to be worth US$ 19,938.3.1 Mn by 2026. The rising prevalence of cardiovascular disorders across the world is the chief factor responsible for positively impacting the growth of the market.

The report covers:

o Global Cardiac Rhythm Management Devices Market trends, with detailed analysis on consumer trends & manufacturer trends.
o Overview on supply analysis covering trends across raw material suppliers, technology providers and distributors.
o Key areas of investments identifying market opportunities and challenges in forecast timeframe.
o Competitive analysis of the industry players along with the overview on strategic management.
o Comprehensive company profiles of the major industry players.

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Leading Players operating in the Cardiac Rhythm Management Devices Market are:

Key players are involved in mergers and acquisition to strengthen their market position. Owing to increasing competition frequent innovations are taking place in the market. Some of the companies operating the industry are:

o Medtronic
o Boston Scientific
o Biotronik
o Philips Healthcare SL
o Defibtech, LLC.
o Cardiac Science
o Stryker
o Medical System
o LivaNova
o Abbott
o Microport

Medtronic Tops Among Other Companies Owing to its Robust Product Portfolio

Physio Control, Cardiac Science, Medtronic, Stryker, CU Medical Systems Inc., Defibtech, LLC., Abbott, Boston Scientific Corporation, MicroPort, BIOTRONIK, and LivaNova PLC are some of the leading players operating in the global cardiac rhythm management devices market. Among these companies, Medtronic is leading the global implantable cardioverter defibrillator market and accounts for a major share in the global pacemaker market.

The wide array of product offerings and their availability are factors responsible for the company's leading position. These factors, together with the company's strong customer base, will help the company to emerge dominant during the forecast period. Medtronic together with Boston Scientific Corporation currently holds over half of the share in the global market.

For more information in the analysis of this report, visit: https://www.fortunebusinessinsights.com/industry-reports/cardiac-rhythm-management-devices-market-100679

North America Dominates Owing to Favorable Healthcare Reimbursement Policies

From a geographical standpoint, North America is anticipated to dominate the global cardiac rhythm management devices market in the forecast years. Well-established healthcare infrastructure and favourable healthcare reimbursement policies are contributing to the growth of the market. The market in this region was valued at US$ 5,914.1 Mn in the year 2018. Cardiac patients have shifted their focus to preventive care.

This rising shift is fueling demand for cardiac rhythm management devices. In addition to this, governments have made strict guidelines to install external defibrillators, especially in public places. Against this backdrop, the demand for cardiac rhythm management devices is increasing, which will in due course, drive the market.

Detailed Table of Content:

o Introduction
o Research Scope
o Market Segmentation
o Research Methodology
o Definitions and Assumptions

o Executive Summary

o Market Dynamics
o Market Drivers
o Market Restraints
o Market Opportunities

o Key Insights
o Technological Advancements in Cardiac Rhythm Management Devices
o New Product Launches by Key Players
o Regulatory Scenario for Key Countries

o Global Cardiac Rhythm Management Devices Market Analysis, Insights and Forecast, 2015-2026
o Key Findings / Summary
o Market Analysis, Insights and Forecast - By Product
? Cardiac Pacemakers
o Single Chamber Cardiac Pacemaker
o Dual Chamber Cardiac Pacemaker
? Defibrillators
o Implantable Cardioverter Defibrillators (ICD)
o Single Chmaber ICD
o Dual Chamber ICD
o External Defibrillators
o Automated External Defibrillators
o Manual & Semi-Automatic External Defibrillators
o Wearable Defibrillators
? Cardiac Re-synchronization Therapy (CRT)Devices
o CRT- Pacemakers
o CRT-Defibrillators
o Market Analysis, Insights and Forecast - By End User
? Hospitals & Clinics
? Ambulatory Surgery Centers and Others
o Market Analysis, Insights and Forecast - By Region
? North America
? Europe
TOC Continued....

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