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Cardiac Rhythm Management Devices Market Scrutinized in New Research By 2026

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The global cardiac rhythm management devices market size was valued at US$ 19.05 billion in 2017, and is expected to witness a CAGR of 7.5% By 2026.
Cardiac
Rhythm
Management
Devices
Market Size, Share, Trend, Outlook, Future
Growth Analysis And Synthesis 2018 - 2026
Cardiac Rhythm Management (CRM) devices include pacemakers (PMs), implantable cardioverterdefibrillators (ICDs), and cardiac resynchronization therapy (CRT) devices. These devices perform various
functions, including bradycardia pacing, cardiac resynchronization for heart failure, monitoring for
arrhythmias, defibrillation, and anti-tachycardia pacing for tachyarrhythmia. Products such as cardiac
resynchronization therapy can improve congestive heart failure symptoms by improving the timing of the
heart’s contractions, resulting in pumping more blood to the body.
The global cardiac rhythm management devices market size was valued at US$ 19.05 billion in 2017,
and is expected to witness a CAGR of 7.5% over the forecast period (2018 – 2026).
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Rising incidences of cardiac disorders worldwide is expected to drive the cardiac rhythm management
devices market revenue
Rise in incidence of cardiovascular diseases such as cardiac arrhythmia, ischemic heart disease, and
hypertension is expected to fuel growth of the cardiac rhythm management devices market. According to
WHO report, in 2015, cardiovascular diseases was the leading cause of deaths accounting for 17.7
million deaths, worldwide.
Furthermore, technological advancements in cardiac rhythm management devices is the major growth
rendering factor for the industry. For instance, adoption of advanced technologies in cardiac pacemakers
such as pacemakers with improved battery life and MRI safe-pacemakers, delay the progression of
persistent atrial fibrillation (AF) in patients suffering from bradycardia. These advancements are gaining
significant traction and are expected to fuel the demand for cardiac rhythm management devices. For
instance, in February 2017, Abbott received the Food and Drug Administration (FDA) approval for its
MR-conditional labeling for Assurity MRI pacemaker and the Tendril MRI pacing lead.
Cardiac Rhythm Management Devices Market - Regional Insights
On the basis of region, the global cardiac rhythm management devices market is segmented into North
America, Latin America, Europe, Asia Pacific, Middle East, and Africa. North America is expected to
hold a dominant position in global cardiac rhythm management devices market during the forecast
period, due to increasing prevalence of cardiovascular diseases in the region. According to the American
Heart Association (AHA), 2017, around 92.1 million adults in the U.S. are suffering from some form of
cardiovascular disease or the after-effects of stroke. AHA report also stated that direct and indirect costs
of cardiovascular diseases and stroke are estimated to account for US$ 316 billion, including health
expenditures and lost productivity.
Report includes chapters which deeply display the following deliverable about industry :
• Cardiac Rhythm Management Devices Market Research Objective and Assumption
• Cardiac Rhythm Management Devices Market Purview - Report Description, Executive
Summary, and Coherent Opportunity Map (COM)
• Cardiac Rhythm Management Devices Market Dynamics, Regulations, and Trends Analysis Market Dynamics, Regulatory Scenario, Industry Trend, Merger and Acquisitions, New system
Launch/Approvals, Value Chain Analysis, Porter’s Analysis, and PEST Analysis
• Global Cardiac Rhythm Management Devices Market, By Regions
• Cardiac Rhythm Management Devices Market Competition by Manufacturers including
Production, Share, Revenue, Average Price, Manufacturing Base Distribution, Sales Area and
Product Type.
• Cardiac Rhythm Management Devices Market Manufacturers Profiles/Analysis including
Company Basic Information, Manufacturing Base and Its Competitors.
• Cardiac Rhythm Management Devices Market Manufacturing Cost Analysis including Key Raw
Materials and Key Suppliers of Raw Materials.
• Industrial Chain, Sourcing Strategy and Downstream Buyers including Upstream Raw Materials
Sourcing and Downstream Buyers
• Marketing Strategy Analysis, Distributors/Traders including Marketing Channel, Market
Positioning and Distributors/Traders List.
• Market Effect Factors Analysis including Technology Progress/Risk, Consumer Needs/Customer
Preference Change and Economic/Political Environmental Change.
• Cardiac Rhythm Management Devices Market Forecast including Production, Consumption,
Import and Export Forecast by Type, Applications and Region.
• Research Findings and Conclusion
Cardiac Rhythm Management Devices Market - Competitive Landscape
Key players operating in the global cardiac rhythm management devices market include Medtronic plc.
Abbott Laboratories, Abiomed, Boston Scientific Corporation, Biotronik Se Co Kg, Koninklijke Philips
N.V., LivaNova Plc, Cardiac Science Corporation, Schiller Ag, and Zoll Medical Corporation.
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Detailed Segmentation:
Global Cardiac Rhythm Management Devices Market, By Product Type:
Cardiac Resynchronization Therapy Devices
- Cardiac Resynchronization Therapy Defibrillators (CRT-D)
- Cardiac Resynchronization Therapy Pacemakers (CRT-P)
Defibrillator
- Implantable Cardioverter Defibrillators (ICDS)
- External Defibrillators
Pacemakers
- Single Chamber Pacemakers
- Dual Chamber Pacemakers
- Biventricular Pacemakers
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Author
Poul Master
Poul Master247   documents Email
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