[email protected] +44 20 8123 2220 (UK) +1 732 587 5005 (US) Contact Us | FAQ |

Global Cardiac Rhythm Management Devices Market Size study, by Product (Pacemakers, Defibrillators, Cardiac Resynchronization Therapy (CRT)), and Regional Forecasts 2022-2032

May 2024 | 200 pages | ID: G6CB63AFEDB9EN
Bizwit Research & Consulting LLP

US$ 4,950.00

E-mail Delivery (PDF), Hard Copy Mail Delivery

Download PDF Leaflet

Accepted cards
Wire Transfer
Checkout Later
Need Help? Ask a Question
Global Cardiac Rhythm Management Devices Market is valued approximately at USD 18.57 billion in 2023 and is anticipated to grow with a growth rate of more than 6.9% over the forecast period 2024-2032. Cardiac rhythm management (CRM) devices are advanced medical tools designed for monitoring and regulating the electrical activity of the heart. They are employed in patients grappling with heart rhythm irregularities such as arrhythmias, bradycardia, and tachycardia. The range of CRM devices encompasses implanted cardioverter defibrillators (ICDs), pivotal in addressing life-threatening arrhythmias; pacemakers, which uphold a regular heart rate through electrical impulses; and cardiac resynchronization therapy (CRT) devices, aiding heart failure patients in enhancing cardiac performance. These sophisticated devices play a crucial role in enhancing patients' quality of life and effectively managing cardiac conditions. The increasing adoption of remote monitoring and telemedicine solutions is a key trend supporting the growth of the Global Cardiac Rhythm Management Devices Market. The trend is spurred by technological advances enabling remote, real-time monitoring of cardiac device data such as pacemakers and ICDs. This capability allows healthcare providers to efficiently track patients' cardiac health, detect issues early and intervene promptly, resulting in better outcomes and lower healthcare expenses.

The growth of the Global Cardiac Rhythm Management Devices Market is anticipated to surge significantly due to rising development in healthcare infrastructure, supportive government initiatives, favorable reimbursement policies and regulations promoting the use of advanced medical devices in cardiac care are stimulating market growth globally. Also, Cardiovascular diseases are increasingly becoming prevalent globally due to lifestyle changes, obesity, and other risk factors, fueling the need for cardiac rhythm management devices. According to the World Health Organization (WHO) data updated in June 2021, nearly 33.5 million people globally are suffering from atrial fibrillation (AFib), which is the most common type of serious arrhythmia. Moreover, the British Heart Foundation's Report titled 'UK Factsheet' published in July 2021, reports that 7.6 million people in the United Kingdom live with heart and circulatory diseases. Further, according to the 2022 American Heart Association (AHA) report, approximately, 244.1 million people were living with ischemic heart disease (IHD) around the world, and North Africa and the Middle East, Central and South Asia, and Eastern Europe had the highest prevalence rates of IHD in the world in 2020. Also, there is growing awareness regarding cardiac rhythm management devices is supporting the market expansion during the estimated period of 2024-2032. However, stringent regulatory approvals and side effects of therapeutic radiation on implantable cardiac rhythm devices is expected to hinder the global Cardiac Rhythm Management Devices market growth between 2022 and 2032.

The key regions considered for the global Cardiac Rhythm Management Devices Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. In 2023, North America is recorded with dominating position in the Cardiac Rhythm Management Devices Market with the highest number of market share and is projected to sustain its leading position throughout the forecast period. Key factors such as the presence of well-established healthcare infrastructure, government support, and the increasing prevalence of cardiovascular diseases necessitating greater use of cardiac implants. Factors such as elevated rates of obesity, smoking, and unhealthy lifestyles contribute to a higher risk of heart-related ailments like heart attacks, further boosting the demand for cardiac rhythm management devices in the region. Additionally, the rigorous enforcement of government regulations regarding the installation of external defibrillators in public areas is expected to drive higher adoption rates of these devices leading to a subsequent market boost for external defibrillators, which is contributing to the regional market growth. Whereas, the market in Asia Pacific is anticipated to grow at the fastest rate over the forecast period owing to the

Major market player included in this report are:
Physio-Control, Inc.
BIOTRONIK SE & Co. KG
Schiller AG
Medtronic PLC
Abbott Laboratories
Koninklijke Philips N.V.
Zoll Medical Corporation
Boston Scientific Corporation
Progetti Srl
LivaNova Plc

The detailed segments and sub-segment of the market are explained below:

By Product
Pacemakers
Defibrillators
Cardiac Resynchronization Therapy (CRT))


By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
RoMEA

Years considered for the study are as follows:
Historical year – 2022
Base year – 2023
Forecast period – 2024 to 2032

Key Takeaways:
Market Estimates & Forecast for 10 years from 2022 to 2032.
Annualized revenues and regional level analysis for each market segment.
Detailed analysis of geographical landscape with Country level analysis of major regions.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Analysis of competitive structure of the market.
Demand side and supply side analysis of the market.



CHAPTER 1. GLOBAL CARDIAC RHYTHM MANAGEMENT DEVICES MARKET DEFINITION AND RESEARCH ASSUMPTIONS

1.1. Research Objective
1.2. Market Definition
1.3. Research Assumptions
  1.3.1. Inclusion & Exclusion
  1.3.2. Limitations
  1.3.3. Supply Side Analysis
    1.3.3.1. Availability
    1.3.3.2. Infrastructure
    1.3.3.3. Regulatory Environment
    1.3.3.4. Market Competition
    1.3.3.5. Economic Viability (Consumer’s Perspective)
  1.3.4. Demand Side Analysis
    1.3.4.1. Regulatory frameworks
    1.3.4.2. Technological Advancements
    1.3.4.3. Environmental Considerations
    1.3.4.4. Consumer Awareness & Acceptance
1.4. Estimation Methodology
1.5. Years Considered for the Study
1.6. Currency Conversion Rates

CHAPTER 2. EXECUTIVE SUMMARY

2.1. Global Cardiac Rhythm Management Devices Market Size & Forecast (2022- 2032)
2.2. Regional Summary
2.3. Segmental Summary
  2.3.1. By Product
2.4. Key Trends
2.5. Recession Impact
2.6. Analyst Recommendation & Conclusion

CHAPTER 3. GLOBAL CARDIAC RHYTHM MANAGEMENT DEVICES MARKET DYNAMICS

3.1. Market Drivers
3.2. Market Challenges
3.3. Market Opportunities

CHAPTER 4. GLOBAL CARDIAC RHYTHM MANAGEMENT DEVICES MARKET: INDUSTRY ANALYSIS

4.1. Porter’s 5 Force Model
  4.1.1. Bargaining Power of Suppliers
  4.1.2. Bargaining Power of Buyers
  4.1.3. Threat of New Entrants
  4.1.4. Threat of Substitutes
  4.1.5. Competitive Rivalry
  4.1.6. Futuristic Approach to Porter’s 5 Force Model
  4.1.7. Porter’s 5 Force Impact Analysis
4.2. PESTEL Analysis
  4.2.1. Political
  4.2.2. Economic
  4.2.3. Social
  4.2.4. Technological
  4.2.5. Environmental
  4.2.6. Legal
4.3. Top investment opportunity
4.4. Top winning strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion

CHAPTER 5. GLOBAL CARDIAC RHYTHM MANAGEMENT DEVICES MARKET SIZE & FORECASTS BY PRODUCT 2022-2032

5.1. Pacemakers
5.2. Defibrillators
5.3. Cardiac Resynchronization Therapy (CRT))

CHAPTER 6. GLOBAL CARDIAC RHYTHM MANAGEMENT DEVICES MARKET SIZE & FORECASTS BY REGION 2022-2032

6.1. North America Cardiac Rhythm Management Devices Market
  6.1.1. U.S. Cardiac Rhythm Management Devices Market
    6.1.1.1. Product breakdown size & forecasts, 2022-2032
  6.1.2. Canada Cardiac Rhythm Management Devices Market
6.2. Europe Cardiac Rhythm Management Devices Market
  6.2.1. U.K. Cardiac Rhythm Management Devices Market
  6.2.2. Germany Cardiac Rhythm Management Devices Market
  6.2.3. France Cardiac Rhythm Management Devices Market
  6.2.4. Spain Cardiac Rhythm Management Devices Market
  6.2.5. Italy Cardiac Rhythm Management Devices Market
  6.2.6. Rest of Europe Cardiac Rhythm Management Devices Market
6.3. Asia-Pacific Cardiac Rhythm Management Devices Market
  6.3.1. China Cardiac Rhythm Management Devices Market
  6.3.2. India Cardiac Rhythm Management Devices Market
  6.3.3. Japan Cardiac Rhythm Management Devices Market
  6.3.4. Australia Cardiac Rhythm Management Devices Market
  6.3.5. South Korea Cardiac Rhythm Management Devices Market
  6.3.6. Rest of Asia Pacific Cardiac Rhythm Management Devices Market
6.4. Latin America Cardiac Rhythm Management Devices Market
  6.4.1. Brazil Cardiac Rhythm Management Devices Market
  6.4.2. Mexico Cardiac Rhythm Management Devices Market
  6.4.3. Rest of Latin America Cardiac Rhythm Management Devices Market
6.5. Middle East & Africa Cardiac Rhythm Management Devices Market
  6.5.1. Saudi Arabia Cardiac Rhythm Management Devices Market
  6.5.2. South Africa Cardiac Rhythm Management Devices Market
  6.5.3. Rest of Middle East & Africa Cardiac Rhythm Management Devices Market

CHAPTER 7. COMPETITIVE INTELLIGENCE

7.1. Key Company SWOT Analysis
  7.1.1. Company
  7.1.2. Company
  7.1.3. Company
7.2. Top Market Strategies
7.3. Company Profiles
  7.3.1. Physio-Control, Inc.
    7.3.1.1. Key Information
    7.3.1.2. Overview
    7.3.1.3. Financial (Subject to Data Availability)
    7.3.1.4. Product Summary
    7.3.1.5. Market Strategies
  7.3.2. BIOTRONIK SE & Co. KG
  7.3.3. Schiller AG
  7.3.4. Medtronic PLC
  7.3.5. Abbott Laboratories
  7.3.6. Koninklijke Philips N.V.
  7.3.7. Zoll Medical Corporation
  7.3.8. Boston Scientific Corporation
  7.3.9. Progetti Srl
  7.3.10. LivaNova Plc

CHAPTER 8. RESEARCH PROCESS

8.1. Research Process
  8.1.1. Data Mining
  8.1.2. Analysis
  8.1.3. Market Estimation
  8.1.4. Validation
  8.1.5. Publishing
8.2. Research Attributes

LIST OF TABLES

TABLE 1. Global Cardiac Rhythm Management Devices Market, report scope
TABLE 2. Global Cardiac Rhythm Management Devices Market estimates & forecasts by Region 2022-2032 (USD Billion)
TABLE 3. Global Cardiac Rhythm Management Devices Market estimates & forecasts by Product 2022-2032 (USD Billion)
TABLE 4. Global Cardiac Rhythm Management Devices Market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 5. Global Cardiac Rhythm Management Devices Market by region, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 6. Global Cardiac Rhythm Management Devices Market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 7. Global Cardiac Rhythm Management Devices Market by region, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 8. Global Cardiac Rhythm Management Devices Market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 9. Global Cardiac Rhythm Management Devices Market by region, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 10. Global Cardiac Rhythm Management Devices Market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 11. Global Cardiac Rhythm Management Devices Market by region, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 12. Global Cardiac Rhythm Management Devices Market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 13. Global Cardiac Rhythm Management Devices Market by region, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 14. U.S. Cardiac Rhythm Management Devices Market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 15. U.S. Cardiac Rhythm Management Devices Market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 16. U.S. Cardiac Rhythm Management Devices Market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 17. Canada Cardiac Rhythm Management Devices Market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 18. Canada Cardiac Rhythm Management Devices Market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 19. Canada Cardiac Rhythm Management Devices Market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 20. UK Cardiac Rhythm Management Devices Market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 21. UK Cardiac Rhythm Management Devices Market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 22. UK Cardiac Rhythm Management Devices Market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 23. Germany Cardiac Rhythm Management Devices Market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 24. Germany Cardiac Rhythm Management Devices Market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 25. Germany Cardiac Rhythm Management Devices Market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 26. France Cardiac Rhythm Management Devices Market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 27. France Cardiac Rhythm Management Devices Market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 28. France Cardiac Rhythm Management Devices Market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 29. Italy Cardiac Rhythm Management Devices Market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 30. Italy Cardiac Rhythm Management Devices Market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 31. Italy Cardiac Rhythm Management Devices Market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 32. Spain Cardiac Rhythm Management Devices Market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 33. Spain Cardiac Rhythm Management Devices Market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 34. Spain Cardiac Rhythm Management Devices Market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 35. RoE Cardiac Rhythm Management Devices Market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 36. RoE Cardiac Rhythm Management Devices Market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 37. RoE Cardiac Rhythm Management Devices Market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 38. China Cardiac Rhythm Management Devices Market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 39. China Cardiac Rhythm Management Devices Market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 40. China Cardiac Rhythm Management Devices Market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 41. India Cardiac Rhythm Management Devices Market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 42. India Cardiac Rhythm Management Devices Market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 43. India Cardiac Rhythm Management Devices Market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 44. Japan Cardiac Rhythm Management Devices Market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 45. Japan Cardiac Rhythm Management Devices Market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 46. Japan Cardiac Rhythm Management Devices Market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 47. Australia Cardiac Rhythm Management Devices Market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 48. Australia Cardiac Rhythm Management Devices Market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 49. Australia Cardiac Rhythm Management Devices Market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 50. South Korea Cardiac Rhythm Management Devices Market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 51. South Korea Cardiac Rhythm Management Devices Market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 52. South Korea Cardiac Rhythm Management Devices Market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 53.
TABLE 54. RoAPAC Cardiac Rhythm Management Devices Market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 55. RoAPAC Cardiac Rhythm Management Devices Market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 56. RoAPAC Cardiac Rhythm Management Devices Market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 57. Brazil Cardiac Rhythm Management Devices Market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 58. Brazil Cardiac Rhythm Management Devices Market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 59. Brazil Cardiac Rhythm Management Devices Market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 60. Mexico Cardiac Rhythm Management Devices Market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 61. Mexico Cardiac Rhythm Management Devices Market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 62. Mexico Cardiac Rhythm Management Devices Market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 63. RoLA Cardiac Rhythm Management Devices Market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 64. RoLA Cardiac Rhythm Management Devices Market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 65. RoLA Cardiac Rhythm Management Devices Market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 66. Saudi Arabia Cardiac Rhythm Management Devices Market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 67. Saudi Arabia Cardiac Rhythm Management Devices Market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 68. Saudi Arabia Cardiac Rhythm Management Devices Market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 69. South Africa Cardiac Rhythm Management Devices Market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 70.
TABLE 71. South Africa Cardiac Rhythm Management Devices Market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 72. South Africa Cardiac Rhythm Management Devices Market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 73. RoMEA Cardiac Rhythm Management Devices Market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 74. RoMEA Cardiac Rhythm Management Devices Market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 75. RoMEA Cardiac Rhythm Management Devices Market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 76. List of secondary sources, used in the study of Global Cardiac Rhythm Management Devices Market.
TABLE 77. List of primary sources, used in the study of Global Cardiac Rhythm Management Devices Market.
TABLE 78. Years considered for the study.
TABLE 79. Exchange rates considered.

LIST OF FIGURES

FIG 1. Global Cardiac Rhythm Management Devices Market, research methodology
FIG 2. Global Cardiac Rhythm Management Devices Market, market estimation techniques
FIG 3. Global market size estimates & forecast methods.
FIG 4. Global Cardiac Rhythm Management Devices Market, key trends 2023
FIG 5. Global Cardiac Rhythm Management Devices Market, growth prospects 2022-2032
FIG 6. Global Cardiac Rhythm Management Devices Market, porters 5 force model
FIG 7. Global Cardiac Rhythm Management Devices Market, pestel analysis
FIG 8. Global Cardiac Rhythm Management Devices Market, value chain analysis
FIG 9. Global Cardiac Rhythm Management Devices Market by segment, 2022 & 2032 (USD Billion)
FIG 10. Global Cardiac Rhythm Management Devices Market by segment, 2022 & 2032 (USD Billion)
FIG 11. Global Cardiac Rhythm Management Devices Market by segment, 2022 & 2032 (USD Billion)
FIG 12. Global Cardiac Rhythm Management Devices Market by segment, 2022 & 2032 (USD Billion)
FIG 13. Global Cardiac Rhythm Management Devices Market by segment, 2022 & 2032 (USD Billion)
FIG 14. Global Cardiac Rhythm Management Devices Market, regional snapshot 2022 & 2032
FIG 15. North America Cardiac Rhythm Management Devices Market 2022 & 2032 (USD Billion)
FIG 16. Europe Cardiac Rhythm Management Devices Market 2022 & 2032 (USD Billion)
FIG 17. Asia pacific Cardiac Rhythm Management Devices Market 2022 & 2032 (USD Billion)
FIG 18. Latin America Cardiac Rhythm Management Devices Market 2022 & 2032 (USD Billion)
FIG 19. Middle East & Africa Cardiac Rhythm Management Devices Market 2022 & 2032 (USD Billion)
FIG 20. Global Cardiac Rhythm Management Devices Market, company market share analysis (2023)


More Publications