Press release
Cardiac Rhythm Management Devices Market by Top International Players | Medtronic, Boston Scientific, Philips Healthcare SL and more Forecast till 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:
Global Cardiac Rhythm Management Devices Market trends, with detailed analysis on consumer trends & manufacturer trends.
Overview on supply analysis covering trends across raw material suppliers, technology providers and distributors.
Key areas of investments identifying market opportunities and challenges in forecast timeframe.
Competitive analysis of the industry players along with the overview on strategic management.
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:
Medtronic
Boston Scientifi
Philips Healthcare SL
Defibtech, LLC.
Cardiac Science
Stryker
Medical System
LivaNova
Abbott
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, 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.
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:
Introduction
Research Scope
Market Segmentation
Research Methodology
Definitions and Assumptions
Executive Summary
Market Dynamics
Market Drivers
Market Restraints
Market Opportunities
Key Insights
Technological Advancements in Cardiac Rhythm Management Devices
New Product Launches by Key Players
Regulatory Scenario for Key Countries
Global Cardiac Rhythm Management Devices Market Analysis, Insights and Forecast, 2015-2026
Key Findings / Summary
Market Analysis, Insights and Forecast – By Product
Cardiac Pacemakers
Single Chamber Cardiac Pacemaker
Dual Chamber Cardiac Pacemaker
Defibrillators
Implantable Cardioverter Defibrillators (ICD)
Single Chmaber ICD
Dual Chamber ICD
External Defibrillators
Automated External Defibrillators
Manual & Semi-Automatic External Defibrillators
Wearable Defibrillators
Cardiac Re-synchronization Therapy (CRT)Devices
CRT- Pacemakers
CRT-Defibrillators
Market Analysis, Insights and Forecast – By End User
Hospitals & Clinics
Ambulatory Surgery Centers and Others
Market Analysis, Insights and Forecast – By Region
North America
Europe
TOC Continued….
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Report Focus:
Extensive product offerings
Customer research services
Robust research methodology
Comprehensive reports
Latest technological developments
Value chain analysis
Potential Cardiac Rhythm Management Devices Market opportunities
Growth dynamics
Quality assurance
Post-sales support
Regular report updates
Reasons to Purchase this Report:
Comprehensive analysis of the Cardiac Rhythm Management Devices Market growth drivers, obstacles, opportunities, and other related challenges.
Tracks the developments, such as new product launches, agreements, mergers and acquisitions, geographical expansions, and joint ventures.
Identifies market restraints and boosters.
Identifies all the possible segments present in the market to aid organizations in strategic business planning.
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