openPR Logo
Press release

Cardiac Rhythm Management (CRM) Devices Batteries Market 2024; Driven by growing pool of geriatrics

03-02-2017 11:57 AM CET | Health & Medicine

Press release from: TMR - Research Reports

Cardiac Rhythm Management (CRM) Devices Batteries Market 2024;

Global CRM Devices Batteries Market: Overview

Irregular heartbeats, also known as arrhythmias, are often treated using cardiac rhythm management (CRM) devices. CRM devices are powered by batteries that help in regularizing heart beats in a regular rhythm. Currently, batteries, especially lithium anode batteries with different cathode chemistry, are used for powering CRM devices. The growing number of cardiovascular diseases have spurred these demand for CRM devices batteries in recent years. According to the research report, the global market for cardiac rhythm management (CRM) devices batteries is expected to be worth US$518.4 mn by the end of 2024 from US$397.3 mn in 2015. Between the forecast years of 2016 and 2024, the global market is expected rise at a CAGR of 3.0%.

Read Full Report: http://www.transparencymarketresearch.com/cardiac-rhythm-management-devices-batteries-market.html

Emphasis on Improving Batteries Bodes Well for Global Market

The growing emphasis of battery manufacturers to design batteries that come with improved longevity is the key factor driving the CRM device batteries market over the forecast period. Furthermore, several manufacturers are also aiming at making a few value additions to the devices. Some of the foreseeable advancements in these devices will be the reduction in the size and increase the functionality, reliability, and longevity.

The global market will be mainly fueled by the growing pool of geriatrics who will are require CRT devices, ICDs, and pacemakers for disease management. These devices are mainly used for managing conditions such as tachycardia, bradycardia, and congestive heart failure. The rampant prevalence of cardiovascular conditions has resulted in increased penetration of such devices in the healthcare sector. The remarkable improvement in these devices due to the evolution of batteries that are made them reliable over the years has also created tremendous scope for growth of the global market.

The various types of power sources being used in the global market are lithium-iodine cells (Li/I2), lithium-silver vanadium oxide cell (Li/SVO), lithium-carbon mono-fluoride cells (Li/CFx), and lithium-manganese dioxide cells (Li/MnO2). Of these, the Li/SVO is expected to dominate the global market in the coming years, which will be closely followed by Li/I2. The demand for these power sources will be driven by the growing adoption of ICD and ICP devices and usage of ICD devices with pacemaker technology for disease management in the coming few years. The launch of leadless pacing is also fuelling manufacturers to develop batteries that are small in size and have improved longevity.

Download exclusive Sample of this report: http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=17678

Asia Pacific Shows Promise of Growth over Forecast Period with Vast Unmet Medical Needs

On the basis geography, the global market is divided into North America, Europe, Asia Pacific, Latin America and the Middle East and Africa. Currently, North America holds a leading position the global market due to better healthcare infrastructure in the region. According to the American Heart Foundation, about 10,000 Americans receive an ICD device implant every month. This statistic is expected to push the ability of battery manufacturers to increase their sales and drive revenues in the region over the forecast period. However, analysts anticipate that Asia pacific will also rise with a significant CAGR due to vast unmet medical needs pertaining to cardiac disorders and a strong presence of battery manufacturers in the region.

Some of the leading players operating in the global CRM devices batteries market are BIOTRONIK SE & Co. KG, Medtronic, Boston Scientific Corporation, St. Jude Medical, Inc., EaglePicher Technologies, LLC, Greatbatch, Inc. (Integer), and Quallion LLC.

Transparency Market Research (TMR) is a U.S.-based provider of syndicated research, customized research, and consulting services. TMR’s global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materials, technology and media, food and beverages, and consumer goods, among others. Each TMR research report provides clients with a 360-degree view of the market with statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

Contact us:
Transparency Market Research
90 State Street,
Suite 700,
Albany
NY - 12207
United States
Tel: +1-518-618-1030
USA - Canada Toll Free 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com/

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Cardiac Rhythm Management (CRM) Devices Batteries Market 2024; Driven by growing pool of geriatrics here

News-ID: 454863 • Views:

More Releases from TMR - Research Reports

Visualization and 3D Rendering Software Market: On-Premise Deployment Presently …
The global market for visualization and 3D rendering features a largely consolidated vendor landscape, with the leading three vendors accounting for a nearly 80% of the overall revenue generated in the market in 2016, observes Transparency Market Research in a recent report. These three vendors, namely Autodesk Inc., Dassault Systems, and NVIDIA Corporation, have strengthened their positions in the market with the help of cost competitive pricing, continuous introduction of
Digital Door Lock Systems Market: Enhanced Security Requirements to Propel the D …
According to a new market report published by Transparency Market Research titled “Digital Door Lock Systems Market–Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026,” the global digital door lock systems market was valued at US$ 1,059.5 Mn in 2017 and is expected to expand at a CAGR of 30.25% from 2018 to 2026, reaching US$ 14,877.6 Mn by the end of the forecast period. digital door lock systems market
Transportation Management System Market: Advance Technologies in All the Sectors …
A transportation management system (TMS) refers to a subset of supply chain management and is centered mostly on logistics and transportation. The augmented use of cloud computing technologies for managing supply chain activities is one of the significant and major trends that have been prevailing in the world market for transportation management systems. Cloud-based deployments, in general, need less configuration and customization. These two factors are triggering down the cost
Energy Recovery Ventilators Market: Rising Awareness of Importance of Indoor Air …
Characterized by the presence of a handful of dominant players, namely United Technologies Corp., LG Electronics, Daikin Industries Ltd., Fujitsu Ltd., and Munters Corp., the global energy recovery ventilators market features intense competition, reveals Transparency Market Research (TMR) in a new report. Going forward, the rising number of players seeking entry will further intensify competition in the market. Expansion of product portfolio which has been the focus of established companies to

All 5 Releases


More Releases for CRM

Online CRM Tools Market 2022: Analysis by Top Key Players - HubSpot CRM, Zoho CR …
Online CRM Tools Market Scope and Overview 2022 This report presents an overview of the global Online CRM Tools industry, including its definition and purpose, application, manufacturing technology, industry chain structure, and major regions. The study also provides a detailed analysis on the various factors affecting the growth of the Online CRM Tools market, such as the development trends of products, key vendors, areas of innovation and major R&D activities in
Hotel CRM Software Market: 3 Bold Projections for 2020 | Claritysoft, Infusionso …
The Latest research study released by HTF MI “Global Hotel CRM Software Market” with 100+ pages of analysis on business Strategy taken up by key and emerging industry players and delivers know how of the current market development, landscape, technologies, drivers, opportunities, market viewpoint and status. Understanding the segments helps in identifying the importance of different factors that aid the market growth. Some of the Major Companies covered in this
Restaurant CRM Market SWOT Analysis & Key Business Strategies by Leading Industr …
Restaurant CRM Market provide an comprehensive review of technological advancement, Market size, growth, and share, trends, consumption, segments, application and Forecast 2025 and that report offers a brief knowledge of software that detects or causes a change through the direct monitoring and/or control of physical devices, processes and events in the enterprise. Get Sample Copy of this Report - https://www.orianresearch.com/request-sample/1353698 Market Overview: The Global Restaurant CRM market 2019 research provides a
CRM Market Outlook 2019| HubSpot CRM, Salesforce CRM, Freshsales, Pipedrive, Zoh …
The report begins with an ‘Introduction' section providing an overall view regarding CRM, how CRM benefits an organization and a representation of basic CRM framework showing its operation. It highlights some of the essential features of an ideal CRM solution in the ‘Features of an Ideal CRM' sub-section. The primary modules and types of CRM are discussed along with special emphasis on Social CRM. The section closes with CRM adoption
Hotel CRM Software Market Research Report 2026 With Top Key Players- Salesforce. …
The Global Hotel CRM Software Market 2019 describes an in-depth study of the market aspects such as current size of the industry, consumer demands, futuristic growth opportunities, and prevailing trends & the dynamic view of the market which has different perspectives this report reviews about the technologies, which can help to scale up the growth of the businesses in the near future. The global Hotel CRM Software Market to grow at
Online CRM Software Market is expected to Grow Owing to Rise in Strategic CRM, O …
A new market assessment report titled “Global Online CRM Software Market – Growth, Future Scenarios, and Competitive Analysis, 2018 – 2023”. The market study provides an extensive understanding of the present-day and forthcoming stages of the industry market based on factors such as major sought-after events, research ingenuities, management stratagems, market drivers, challenges and visions and all-encompassing industry subdivision and regional distribution. CRM remains for Customer Relationship Management. In an