Press release
Global Cardiac Rhythm Management (CRM) Devices Market to grow at a CAGR of 7.64% during the period 2017-2021
The main objective of this report is to define, describe, and forecast the global “Cardiac Rhythm Management (CRM) Devices” market on the basis of types of applications, major sectors, deployment models, organization size, and regions. The report contains an analysis of the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges). It aims to strategically analyze the micromarkets with respect to individual growth trends, prospects, and their contribution to the market. The report attempts to forecast the market size for 5 major regions, namely, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America. It contains key vendor profiles and comprehensively analyzes their core competencies. The report also tracks and analyzes competitive developments, including partnerships, collaborations, acquisitions, new product developments, and R&D activities in the market.
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About Cardiac Rhythm Management (CRM) Devices
CRM devices are used for treating all the major heart conditions such as coronary artery disease (CAD), stroke, cardiac arrest, and arrhythmia. The global CRM devices market is increasing owing to the rising prevalence of CVDs, increasing uptake of MCT, and growing patient awareness. There are three types of CRM devices available such as defibrillators, pacemakers, and CRT devices. The global pacemakers market will grow at a rapid pace followed by defibrillators and CRT devices. By geography, the Americas, EMEA, and APAC will showcase rapid growth rate during the forecast period. APAC will grow at the fastest pace during the forecast period followed by EMEA and the Americas.
Technavios analysts forecast the global cardiac rhythm management (CRM) devices market to grow at a CAGR of 7.64% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global cardiac rhythm management (CRM) devices market for 2017-2021. To calculate the market size, the report considers the total sales volume and the revenue generated from it.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global Cardiac Rhythm Management (CRM) Devices Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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Key vendors
Abbott
Boston Scientific
Medtronic
Other prominent vendors
BIOTRONIK
Cardiac Science
CCC Medical Devices (acquired by Greatbatch)
Cook Medical
GE Healthcare
Integer
Mortara Instrument (acquired by Hill-Rom Holdings)
Neovasc
Philips Healthcare
Physio-Control (Subsidiary of Stryker)
Rchling Medical
Schiller
LivaNova
ZOLL Medical
Market driver
Rising incidence of CVDs
For a full, detailed list, view our report
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Market challenge
Dearth of skilled healthcare professionals
For a full, detailed list, view our report
Market trend
Technological advances
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
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