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Global Cardiac Resynchronization Therapy Market Outlook 2025-2034: Trends, Innovations, And Future Outlook
The Cardiac Resynchronization Therapy Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].What Is the Cardiac Resynchronization Therapy Market Size and Projected Growth Rate?
The cardiac resynchronization therapy market has seen strong growth in recent years. It will grow from $6.29 billion in 2024 to $6.74 billion in 2025, at a CAGR of 7.2%. Growth is driven by the aging population, rising heart failure rates, increased investments in R&D for CRT devices, growing awareness of the therapy's benefits, and physician training programs.
The cardiac resynchronization therapy market is forecasted to experience significant growth, reaching $8.77 billion by 2029, with a compound annual growth rate (CAGR) of 6.8%. This growth is driven by the increasing prevalence of heart failure, cardiac disorders, a rising geriatric population, higher cardiovascular disease rates, the need for CRT therapy, advancements in pacemakers and defibrillators, and greater awareness of CRT therapy. Trends include the shift to CRT-D devices, technology integration, AI adoption, machine learning, and expanded CRT therapy applications.
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What Are the Major Segments in the Cardiac Resynchronization Therapy Market?
The cardiac resynchronization therapy market covered in this report is segmented -
1) By Type: Cardiac Resynchronization Therapy (CRT)-Defibrillator, Cardiac Resynchronization Therapy (CRT)-Pacemaker
2) By Age: Below 44 Years, 45-64 Years, 65-84 Years, Above 85 Years
3) By End-Use: Hospitals, Cardiac Care Centers, Ambulatory Surgical Centers
Subsegments:
1) By Cardiac Resynchronization Therapy (CRT)-Defibrillator: Single-Chamber CRT-D, Dual-Chamber CRT-D, Triple-Chamber CRT-D, Bi-Ventricular CRT-D
2) By Cardiac Resynchronization Therapy (CRT)-Pacemaker: Single-Chamber CRT-P, Dual-Chamber CRT-P, Triple-Chamber CRT-P, Bi-Ventricular CRT-P
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What Are The Driving Cardiac Resynchronization Therapy Market Evolution?
The increase in cardiovascular diseases is expected to contribute to the growth of the cardiac resynchronization therapy market. Cardiovascular diseases (CVD) include various conditions affecting the heart and blood vessels, and the prevalence of CVDs is rising due to factors like aging, unhealthy lifestyles, and rising tobacco use. Cardiac resynchronization therapy (CRT) aids in treating heart failure by synchronizing the heart's contractions through electrical impulses. For example, in Minnesota, nearly 30% of adults reported high blood pressure in 2023, and hypertensive diseases were the leading cause of death in 2022. The rising prevalence of cardiovascular diseases is expected to drive the growth of the CRT market.
Which Firms Dominate The Cardiac Resynchronization Therapy Market Segments?
Major companies operating in the cardiac resynchronization therapy market are Abbott Laboratories, Medtronic plc, Boston Scientific Corporation, Terumo Corporation, Biotronik SE & Co. KG, Lepu Medical Technology (Beijing) Co. Ltd., Integer Holdings Corporation, Merit Medical Systems Inc., LivaNova PLC, MicroPort Scientific Corporation, Sorin Group, Berlin Heart GmbH, EBR Systems Inc., Corvia Medical Inc., Recor Medical, Jarvik Heart Inc., Cardiac Dimensions Inc., Farapulse Inc., Osypka Medical GmbH, Japan Medical Device Corporation, Imricor Medical Systems Inc., Vascular Dynamics Inc., Svelte Medical Systems, Aleva Neurotherapeutics, BioSig Technologies Inc.
What Trends Are Expected to Dominate the Cardiac Resynchronization Therapy Market in the Next 5 Years?
Companies in the cardiac resynchronization therapy market are developing implantable devices to improve outcomes for heart failure patients. These devices help synchronize heart contractions to improve pumping efficiency. In February 2024, MicroPort Scientific Corporation introduced the GALI SonR CRT-D device in Japan. This device automatically optimizes patient treatment and has shown a 35% reduction in heart failure hospitalizations.
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Which Is The Largest Region In The Cardiac Resynchronization Therapy Market?
North America was the largest region in the cardiac resynchronization therapy market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the cardiac resynchronization therapy market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Cardiac Resynchronization Therapy Market?
2. What is the CAGR expected in the Cardiac Resynchronization Therapy Market?
3. What Are the Key Innovations Transforming the Cardiac Resynchronization Therapy Industry?
4. Which Region Is Leading the Cardiac Resynchronization Therapy Market?
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