Monday 16 December 2019

Cardiac Rhythm Management (CRM) Devices Market 2025 Expected to Rise at A Higher CAGR Value, Sales and Revenue


Felton, 16 December 2019 - This report provides in depth study of “Cardiac Rhythm Management (CRM) Devices Market” using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization. The Cardiac Rhythm Management (CRM) Devices Market report also provides an in-depth survey of top key players in the market which is based on the various objectives of an organization such as profiling, the product outline, the quantity of production, required raw material, and the financial health of the organization.
The global cardiac rhythm management (CRM) devices market size is projected to reach at USD 32.4 billion by 2025. The CRM devices market is subject to witness substantial growth due to numerous awareness programs and schemes by regional governments in emerging and developed economies. Growing occurrence of cardiovascular diseases (CVDs), supportive legislative policies, and critical advancements in technology are attributing to the progress of the market in forecast period. Though, initial cost associated with implementation of cardiac rhythm management (CRM) devices and lack of awareness in rural parts across the globe are limiting the market expansion of cardiac rhythm management (CRM) devices market. The CRM devices market is expected to grow at a 7.5% CAGR during the forecast period.
The market is divided into regional market segment such as North America, Europe, Asia-Pacific, Latin America and Africa. North America has shown major growth in recent years owing to the rise adoption of latest technologies in healthcare sector and existence well-established healthcare infrastructure. Asia-Pacific market is predicted to hold higher share in the cardiac rhythm management (CRM) devices market with massive growth in forecast period.
Countries such as India, China and Singapore are leading the Asia-Pacific market with growing penetration of health insurance in emerging economies and generating substantial investment by multinational market players due to potential opportunities in the region. The key players in the cardiac rhythm management (CRM) devices industry are Medtronic Ltd., BIOTRONIK Incorporations, Boston Scientific Co., St. Jude Medical Co., ZOLL Medical Co., and Philips N.V.
Market Segment:
CRM Devices Product Outlook (Revenue, USD Million, 2014 - 2025)
    • Pacemakers
        • Implantable Pacemakers
        • External Pacemakers
    • Defibrillators
        • Implantable Cardioverter Defibrillators (ICDs)
            • Subcutaneous ICD (S-ICD)
            • Transvenous ICD (T-ICD)
        • External Defibrillator (ED)
            • Manual ED
            • Automated ED (AED)
            • Wearable Cardioverter Defibrillator
    • Cardiac Resynchronization Therapy (CRT)
        • CRT-Defibrillators (CRT-D)
        • CRT-Pacemakers (CRT-P)
Major Key Points in Table of Content
1 Market Definition
2 Global Market by Vendors
3 Global Market by Type
4 Global Market by End-Use / Application
5 Global Market by Regions
6 North America Market
7 Europe Market
8 Asia-Pacific Market
9 South America Market
10 Middle East & Africa Market
11 Market Forecast
12 Key Manufacturers
13 Price Overview
14 Research Conclusion
Continued….
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