Press release
Cardiac Rhythm Management Devices Market is expected to rise at a CAGR of 8.35% by 2032, estimates DelveInsight
The global cardiac rhythm management devices market is projected to grow at a CAGR of 5.64% between 2024 and 2030. This growth is driven by the rising prevalence of heart rhythm disorders such as arrhythmia and atrial fibrillation, along with an increase in related risk factors including smoking, diabetes, and aging populations. Additionally, continuous advancements and innovations in product development are further fueling the demand, collectively supporting the expansion of the cardiac rhythm management devices market throughout the forecast period.DelveInsight's Cardiac Rhythm Management Devices Market Insights report provides the current and forecast market analysis, individual leading Cardiac Rhythm Management Devices companies' market shares, challenges, Cardiac Rhythm Management Devices market drivers, barriers, and trends, and key Cardiac Rhythm Management Devices companies in the market.
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Key Takeaways from the Cardiac Rhythm Management Devices Market Report
The Cardiac Rhythm Management Devices market is projected to grow at a moderate CAGR from 2025 to 2032.
As per DelveInsight estimates, North America is anticipated to dominate the global Cardiac Rhythm Management Devices market during the forecast period.
Notable Cardiac Rhythm Management Devices companies such as Abbott, Medtronic, Boston Scientific Corporation, Koninklijke Philips N.V, Zoll Medical Corporation, Microport Scientific Corporation, LivaNova PLC, Stryker, Nihon Kohden Corporation, Biotronik, Inc., Shree Pacetronix Ltd., OSCOR Inc., Lepu Medical Technology Co. Ltd., BPL Medical Technologies, CU Medical Systems, Inc., SCHILLER AG, Bexen Cardio, Progetti S.r.l., Vitatron, Kestra Medical Technologies, Inc., and several others are currently operating in the Cardiac Rhythm Management Devices market.
In July 2023, Abbott received U.S. FDA approval for the AVEIRTM dual chamber (DR) leadless pacemaker system, the world's first dual-chamber leadless pacing device designed to manage abnormal or slow heart rhythms.
In January 2023, Medtronic plc, a global healthcare technology leader, secured FDA approval for its Aurora EV-ICDTM MRI SureScanTM (Extravascular Implantable Cardioverter-Defibrillator) and the Epsila EVTM MRI SureScanTM defibrillation lead, intended to treat dangerously rapid heart rhythms that may cause sudden cardiac arrest (SCA).
Earlier, in July 2020, Abbott gained FDA approval for its next-generation GallantTM implantable cardioverter defibrillator (ICD) and cardiac resynchronization therapy defibrillator (CRT-D) devices, advancing treatment options for patients with serious heart rhythm disorders.
To read more about the latest highlights related to the Cardiac Rhythm Management Devices market, get a snapshot of the key highlights entailed in the Global Cardiac Rhythm Management Devices Market Report https://www.delveinsight.com/sample-request/cardiac-rhythm-management-devices-market?utm_source=openpr&utm_medium=pressrelease&utm_campaign=kpr
Cardiac Rhythm Management Devices Overview
Cardiac Rhythm Management Devices are specialized medical systems designed to deliver pressurized, pulsed streams of irrigating solutions for wound cleaning, tissue debridement, and surgical site preparation. These devices are widely utilized in orthopedic, trauma, and general surgical procedures to remove necrotic tissue, contaminants, and biofilm while minimizing tissue damage. Their role is crucial in lowering infection risks, improving healing outcomes, and preparing bone surfaces for implant fixation in orthopedic surgeries.
The market for Cardiac Rhythm Management Devices is driven by the growing prevalence of chronic wounds (such as diabetic foot ulcers, venous leg ulcers, and pressure sores), an increasing number of orthopedic and trauma surgeries, and a rising global burden of osteoarthritis that necessitates joint replacement procedures. Additionally, with infection prevention being a top priority in modern surgical practices, Cardiac Rhythm Management Devices are becoming standard tools in wound management and operating rooms.
Technological advancements-such as battery-operated, handheld, and hydraulic-powered devices-have improved portability, ease of use, and clinical efficiency, further supporting their adoption. Moreover, the introduction of antimicrobial irrigation solutions integrated with pulsed lavage systems enhances their effectiveness in reducing surgical site infections.
Regionally, North America dominates the pulsed lavage device market due to advanced healthcare infrastructure, high surgical volumes, strong reimbursement frameworks, and widespread awareness of advanced wound care solutions. Europe follows closely with significant adoption in orthopedic and reconstructive surgeries. Meanwhile, Asia-Pacific is emerging as a rapidly growing market, supported by a rising patient pool, expanding healthcare expenditure, and increasing awareness of advanced wound care technologies.
Overall, Cardiac Rhythm Management Devices are positioned as essential components of modern wound care and surgical management, with ongoing innovations expected to further expand their role in enhancing patient safety and clinical outcomes worldwide.
Cardiac Rhythm Management Devices Market Insights
North America is anticipated to hold the largest share of the cardiac rhythm management devices market in 2023. Factors such as the increasing prevalence of heart rhythm disorders, growing incidence of risk factors including smoking and diabetes, high disposable income, advanced healthcare infrastructure, presence of major industry players, and ongoing product development are expected to drive market growth in the region between 2022 and 2030.
According to the Centers for Disease Control and Prevention (CDC, 2022), around 20.1 million adults aged 20 and above in the U.S. were living with coronary artery disease (CAD) in 2020. The same source reported that in the U.S., a heart attack occurs every 40 seconds, totaling about 805,000 cases annually. Of these, 605,000 are first-time heart attacks, 200,000 occur in individuals with a previous history, and approximately 1 in 5 are silent heart attacks, where damage occurs without the person being aware.
Regulatory approvals are further fueling market growth. For example, in April 2022, Abbott received U.S. FDA approval for the AveirTM single-chamber (VR) leadless pacemaker to treat patients with slow heart rhythms.
Overall, these factors are expected to accelerate the expansion of the North American cardiac rhythm management devices market throughout 2024-2030.
To know more about why North America is leading the market growth in the Cardiac Rhythm Management Devices market, get a snapshot of the Cardiac Rhythm Management Devices Market Outlook https://www.delveinsight.com/report-store/cardiac-rhythm-management-devices-market?utm_source=openpr&utm_medium=pressrelease&utm_campaign=kpr
Cardiac Rhythm Management Devices Market Dynamics
According to the American Heart Association (2022), approximately 244.1 million people worldwide were living with coronary (ischemic) heart disease in 2020, with the highest prevalence reported in North Africa, the Middle East, Central and South Asia, and Eastern Europe.
Data from the British Heart Foundation (2022) further highlighted that in 2019, around 550 million people globally-equivalent to 1 in 14 individuals-were affected by heart and circulatory diseases, including 290 million women and 260 million men. Regionally, in 2019, North America reported 4,103,135 cases of cardiovascular diseases, with over 1 million coronary artery disease cases and nearly 500,000 stroke cases. In Asia, 32,376,834 people were diagnosed with cardiovascular diseases, including 12,543,833 with coronary artery disease and 8,111,044 with stroke.
The same source also noted that in 2019, coronary (ischemic) heart disease (200 million cases), peripheral arterial disease (110 million cases), stroke (100 million cases), and atrial fibrillation (60 million cases) were the most common cardiovascular conditions worldwide.
The rising prevalence of cardiovascular diseases, largely driven by risk factors such as obesity, hypertension, diabetes, smoking, aging, alcohol consumption, unhealthy lifestyles, and atherosclerosis, is significantly contributing to the growing demand for cardiac rhythm management devices.
Cardiac Rhythm Management Devices Market Drivers:
Increasing cases of heart rhythm disorders and innovations in product development
Get a sneak peek at the Cardiac Rhythm Management Devices market dynamics @ https://www.delveinsight.com/sample-request/cardiac-rhythm-management-devices-market?utm_source=openpr&utm_medium=pressrelease&utm_campaign=kpr
Scope of the Cardiac Rhythm Management Devices Market Report:
Coverage: Global
Study Period: 2022 to 2032
Key Cardiac Rhythm Management Devices Companies: Abbott, Medtronic, Boston Scientific Corporation, Koninklijke Philips N.V, Zoll Medical Corporation, Microport Scientific Corporation, LivaNova PLC, Stryker, Nihon Kohden Corporation, Biotronik, Inc., Shree Pacetronix Ltd., OSCOR Inc., Lepu Medical Technology Co. Ltd., BPL Medical Technologies, CU Medical Systems, Inc., SCHILLER AG, Bexen Cardio, Progetti S.r.l., Vitatron, Kestra Medical Technologies, Inc., and others.
Which MedTech key players in the Cardiac Rhythm Management Devices market are set to emerge as the trendsetter, explore @ Cardiac Rhythm Management Devices Companies https://www.delveinsight.com/report-store/cardiac-rhythm-management-devices-market?utm_source=openpr&utm_medium=pressrelease&utm_campaign=kpr
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About DelveInsight
DelveInsight is a premier healthcare business consultant and market research firm, specializing in life sciences. We empower pharmaceutical companies with comprehensive end-to-end solutions designed to enhance performance and drive growth.
Our expert healthcare consulting services offer in-depth market analysis, helping businesses accelerate growth and navigate challenges with actionable, results-driven strategies.
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