Global Cardiac Rhythm Management (CRM) Devices and Equipment Market Size And Market Growth Opportunities
June 24, 2022
The Business Research Company’s Cardiac Rhythm Management (CRM) Devices And Equipment Global Market Report 2022: Market Size, Trends, And Forecast To 2026
LONDON, GREATER LONDON, UK, June 24, 2022 /EINPresswire.com/ -- According to ‘Cardiac Rhythm Management (CRM) Devices and Equipment Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026’ published by The Business Research Company, the CRM devices and equipment market size is expected to grow from $13.81 billion in 2021 to $15.11 billion in 2022 at a compound annual growth rate (CAGR) of 9.4%. As per TBRC’s cardiac rhythm management (CRM) devices and equipment market outlook the size is expected to grow to $20.82 billion in 2026 at a CAGR of 8.3%. The rising incidences of cardiovascular diseases such as cardiac arrhythmia, ischemic heart disease, and hypertension is driving the cardiac rhythm management (CRM) devices and equipment industry growth.
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The cardiac rhythm management (CRM) devices and equipment market comprise sales of devices that are effective in managing and restoring the heart’s normal function or rhythm. These devices are used to treat and manage arrhythmia-related diseases such as cardiac arrests, heart failure, or cardiac arrhythmias.
Global Cardiac Rhythm Management (CRM) Devices and Equipment Market Trends
Technologies such as subcutaneous implantable cardioverter-defibrillator (S-ICD) and leadless cardiac pacemakers (LCP) are being developed to overcome complications with transvenous lead and other CRM devices. The novel modular cardiac rhythm management (mCRM) system allows for the coordination of leadless pacing and defibrillator therapy delivery by providing wireless intra-body communication between devices. This communication is possible by a combination of anti-tachycardia pacing-enabled LCP and S ICD.
Global Cardiac Rhythm Management (CRM) Devices and Equipment Market Segments
The global CRM devices and equipment market is segmented:
By Product: Pacemakers, Defibrillators, Cardiac Resynchronization Therapy (CRT)
By End-User: Hospitals, Ambulatory Surgical Centers, Physicians Clinics
By Application: Bradycardia, Tachycardia, Heart Failure, Others
By Pacemaker: Implantable Pacemakers, External Pacemakers
By Defibrillator: Implantable Cardioverter Defibrillators, External Defibrillator
By Cardiac Resynchronization Therapy (CRT): CRT-Defibrillators (CRT-D), CRT-Pacemakers (CRT-P)
By Geography: The global CRM devices and equipment market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America accounts for the largest share.
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Cardiac Rhythm Management (CRM) Devices and Equipment Global Market Report 2022 is one of a series of new reports from The Business Research Company that provides CRM devices and equipment market overviews, analyzes and forecasts market size and growth for the global CRM devices and equipment market, CRM devices and equipment market share, CRM devices and equipment market segments and geographies, CRM devices and equipment market players, CRM devices and equipment market leading competitor revenues, profiles and market shares. The CRM devices and equipment market report identifies top countries and segments for opportunities and strategies based on market trends and key competitors’ approaches.
TBRC’s Cardiac Rhythm Management (CRM) Devices and Equipment Global Market Report 2022 includes information on the following:
Data Segmentations: Market Size, Global, By Region and Country, Historic and Forecast, and Growth Rates for 60 Geographies
Key Market Players: Abbott, Medtronic, Biotronik, Cardiac Science Corporation, Schiller AG, Hill-Rom Holdings Inc, GE Healthcare, Integer, Biotelemetry, and Neovasc.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
And so much more.
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