Cardiac Rhythm Management (CRM) Devices And Equipment Market Report 2025-2034: Industry Overview, Trends, And Forecast Analysis

The Cardiac Rhythm Management (CRM) Devices And Equipment 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 Current Cardiac Rhythm Management (CRM) Devices And Equipment Market Size and Its Estimated Growth Rate?
The cardiac rhythm management (CRM) devices and equipment market has demonstrated strong growth in recent years. It is expected to grow from $16.05 billion in 2024 to $17.15 billion in 2025, with a CAGR of 6.8%. Factors contributing to this trend include increasing arrhythmia cases, technology progress, aging demographics, and efforts in chronic disease treatment.

The cardiac rhythm management (CRM) devices and equipment market is expected to experience strong growth in the next few years. It will reach $21.73 billion in 2029, at a compound annual growth rate (CAGR) of 6.1%. Growth drivers include personalized medicine, technological innovations, telehealth integration, and improved global TH*Care access. Key trends include leadless CRM devices, biodegradable devices, remote monitoring, and combination therapies.

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How Are Emerging Segments Shaping the Cardiac Rhythm Management (CRM) Devices And Equipment Market Landscape?
The cardiac rhythm management (CRM) devices and equipment market covered in this report is segmented -

1) By Product: Pacemakers, Defibrillators, Cardiac Resynchronization Therapy (CRT)
2) By Application: Bradycardia, Tachycardia, Heart Failure, Other Applications
3) By End User: Hospitals, Ambulatory Surgical Centers, Physicians Clinics

Subsegment:
1) By Pacemakers: Single-Chamber Pacemakers, Dual-Chamber Pacemakers, Biventricular Pacemakers, Implantable Pacemakers
2) By Defibrillators: Implantable Cardioverter Defibrillators (ICDs), External Defibrillators, Wearable Defibrillators, Automated External Defibrillators (AEDs)
3) By Cardiac Resynchronization Therapy (CRT): CRT-P (Pacemaker), CRT-D (Defibrillator), Bi-Ventricular Pacemakers

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Which Growth Factors Are Influencing Cardiac Rhythm Management (CRM) Devices And Equipment Market Expansion?
The growth of the geriatric population is expected to drive the demand for cardiac rhythm management (CRM) devices and equipment. As people age, the likelihood of developing cardiovascular diseases increases, boosting the need for CRM devices that help manage heart rhythm disorders like arrhythmias, particularly among older adults. According to the Administration for Community Living, the U.S. population aged 65 and older reached 55.8 million in 2021 and is expected to grow to 80.8 million by 2040 and 94.7 million by 2060. This demographic shift is fueling the growth of the CRM devices and equipment market.

Who Are the Dominant Players Across Different Cardiac Rhythm Management (CRM) Devices And Equipment Market Segments?
Major companies operating in the cardiac rhythm management (CRM) devices and equipment market include Abbott Laboratories, Medtronic plc, Biotronik SE & Co KG, Cardiac Science Corporation, Schiller AG, Hill-Rom Holdings Inc., GE TH*Care, Integer Holdings, Neovasc Inc., Philips TH*Care, Stryker Corporation, Rochling Medical, CCC Medical Devices, LivaNova plc, ZOLL Medical Corporation, Koninklijke Philips N.V, Applied Cardiac System, Cook Medical, Abiomed Inc., Berlin Heart GmbH, Brotionik SE and Co. KG, Jarvik Hearth Inc., MicroPort Scientific Corp, ReliantHeart Inc., Shree Pacetronix Ltd., Shaanxi Qinming Medical Instrument Co. Ltd., AtriCure Inc., Boston Scientific Corporation, Edwards Lifesciences Corporation, ProgettiSrl

What Are the Latest Developing Trends in the Cardiac Rhythm Management (CRM) Devices And Equipment Market?
In the cardiac rhythm management (CRM) devices and equipment market, companies are introducing new products like the single-chamber (VR) leadless pacemaker to manage heart rhythm disorders. This pacemaker is implanted directly into the heart's right ventricle via a minimally invasive procedure, eliminating the need for leads. Abbott Laboratories received FDA approval in April 2022 for the Aveir single-chamber (VR) leadless pacemaker, which offers detailed health insights and can be expanded into a dual-chamber system for additional treatment options.

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Which Geographic Regions Are Expected to Dominate the Cardiac Rhythm Management (CRM) Devices And Equipment Market in the Coming Years?
North America was the largest region in the global cardiac rhythm management (CRM) devices and equipment market in 2023. Western Europe was the second-largest region in the cardiac rhythm management (CRM) devices and equipment market. The regions covered in the cardiac rhythm management (CRM) devices and equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Cardiac Rhythm Management (CRM) Devices And Equipment Market?
2. What is the CAGR expected in the Cardiac Rhythm Management (CRM) Devices And Equipment Market?
3. What Are the Key Innovations Transforming the Cardiac Rhythm Management (CRM) Devices And Equipment Industry?
4. Which Region Is Leading the Cardiac Rhythm Management (CRM) Devices And Equipment Market?

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