Cardiac Rhythm Management Devices Market, By Product (Pacemakers, Defibrillators, and Cardiac Resynchronization Therapy Devices), By Application (Congestive heart failure, Arrhythmias, Bradycardia, Tachycardia, and Others), By End users (Hospitals, Cardia
Cardiac Rhythm Management Devices Market, By Product (Pacemakers, Defibrillators, and Cardiac Resynchronization Therapy Devices), By Application (Congestive heart failure, Arrhythmias, Bradycardia, Tachycardia, and Others), By End users (Hospitals, Cardiac care centers, Ambulatory surgical centers, Other), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)
Cardiac rhythm management includes diagnosis, treatment, and prevention of fast, slow, or irregular heartbeats. Rising prevalence of cardiovascular diseases and growing geriatric population worldwide can boost demand for cardiac rhythm management devices. Technological advancements have enabled development of miniaturized implantable devices, offering improved quality of life to patients. However, high costs of surgical procedures and devices can hamper the market growth. Cardiac rhythm management devices market growth is driven by rising product approvals and expansions in emerging nations.
Market Dynamics:
Global cardiac rhythm management devices market growth is driven by rising prevalence of cardiovascular disorders associated with heart rhythm abnormalities and technological advancements leading to development of sophisticated implantable devices. According to WHO, cardiovascular diseases account for over 17 million deaths annually, a majority of which are caused due to irregular heartbeats. Growing geriatric population also drives the market growth, as aging increases risk of developing arrhythmias. However, high costs of sophisticated implantable devices and surgical procedures to implant them can hamper the market growth. Market players can witness new opportunities by gaining approvals for innovative devices in newer applications and expanding to emerging countries in Asia Pacific, Latin America, and Middle East & Africa through distributor partnerships and JVs.
Key Features of the Study:
This report provides in-depth analysis of the global cardiac rhythm management devices market, and provides market size (USD Billion) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global cardiac rhythm management devices market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Medtronic, Abbott, Boston Scientific, Biotronik, and LivaNova
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
Global cardiac rhythm management devices market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global cardiac rhythm management devices market
Detailed Segmentation-
By Product
Pacemakers
Defibrillators
Cardiac Resynchronization Therapy Devices
By Application
Congestive heart failure
Arrhythmias
Bradycardia
Tachycardia Others
By End User
Hospitals
Cardiac care centers
Ambulatory surgical centers
Others
By Region
North America
Europe
Asia Pacific
Latin America
Middle East
Africa
Company Profiles:
Abbott Laboratories
Abiomed
Biotronik SE & Co. KG
Boston Scientific Corporation
Koninklijke Philips NV
LivaNova PLC
Medtronic PLC
Schiller AG
Physio-Control, Inc.
ProgettiSrl
Zoll Medical Corporation
Cardiac Science
Defibtech, LLC
Asahi Kasei Corporation
MicroPort Scientific Corporation
Jude Medical, Inc.
CU Medical Systems Inc.
1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Market Snapshot, By Product
Market Snapshot, By Application
Market Snapshot, By End User
Market Snapshot, By Region
Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Drivers
Restraints
Opportunities
Impact Analysis
Market Trends
Key Developments
Regulatory Scenario
Acquisitions and Partnerships Scenario
Funding and Investments
PEST Analysis
Porter’s Analysis
4. Global Cardiac Rhythm Management Devices Market- Impact of Coronavirus (COVID-19) Pandemic
Overall Impact
Government Initiatives
COVID-19 Impact on the Market
5. Global Cardiac Rhythm Management Devices Market, By Product, 2019 – 2031, (USD Bn)
Overview
Market Share Analysis, 2024 and 2031 (%)
Y-o-Y Growth Analysis, 2020 – 2031
Segment Trends
Pacemakers
Overview
Market Size and Forecast, and Y-o-Y Growth, 2019–2031, (USD Bn)
Defibrillators
Overview
Market Size and Forecast, and Y-o-Y Growth, 2019–2031, (USD Bn)
Cardiac Resynchronization Therapy Devices
Overview
Market Size and Forecast, and Y-o-Y Growth, 2019–2031, (USD Bn)
6. Global Cardiac Rhythm Management Devices Market, By Application, 2019 – 2031, (USD Bn)
Overview
Market Share Analysis, 2024 and 2031 (%)
Y-o-Y Growth Analysis, 2020 – 2031
Segment Trends
Congestive heart failure
Overview
Market Size and Forecast, and Y-o-Y Growth, 2019–2031, (USD Bn)
Arrhythmias
Overview
Market Size and Forecast, and Y-o-Y Growth, 2019–2031, (USD Bn)
Bradycardia
Overview
Market Size and Forecast, and Y-o-Y Growth, 2019–2031, (USD Bn)
Tachycardia
Overview
Market Size and Forecast, and Y-o-Y Growth, 2019–2031, (USD Bn)
Others
Overview
Market Size and Forecast, and Y-o-Y Growth, 2019–2031, (USD Bn)
7. Global Cardiac Rhythm Management Devices Market, By End User, 2019 – 2031, (USD Bn)
Overview
Market Share Analysis, 2024 and 2031 (%)
Y-o-Y Growth Analysis, 2020 – 2031
Segment Trends
Hospitals
Overview
Market Size and Forecast, and Y-o-Y Growth, 2019–2031, (USD Bn)
Cardiac care centers
Overview
Market Size and Forecast, and Y-o-Y Growth, 2019–2031, (USD Bn)
Ambulatory Surgical Centers
Overview
Market Size and Forecast, and Y-o-Y Growth, 2019–2031, (USD Bn)
Others
Overview
Market Size and Forecast, and Y-o-Y Growth, 2019–2031, (USD Bn)
8. Global Cardiac Rhythm Management Devices Market, By Region, 2019 – 2031, (USD Bn)
Introduction
Market Share Analysis, By Region, 2024 and 2031 (%)
Y-o-Y Growth Analysis, For Region, 2020–2031
Regional Trends
North America
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Product, 2019 - 2031, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2019 - 2031, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2019 - 2031, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2019 – 2031, (USD Bn)
U.S.
Canada
Latin America
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Product, 2019 - 2031, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2019 - 2031, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2019 - 2031, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2019 – 2031, (USD Bn)
Brazil
Mexico
Argentina
Rest of Latin America
Europe
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Product, 2019 - 2031, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2019 - 2031, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2019 - 2031, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2019 – 2031, (USD Bn)
U.K.
Germany
Italy
France
Spain
Russia
Rest of Europe
Asia Pacific
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Product, 2019 - 2031, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2019 - 2031, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2019 - 2031, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2019 – 2031, (USD Bn)
China
India
Japan
ASEAN
Australia
South Korea
Rest of Asia Pacific
Middle East
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Product, 2019 - 2031, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2019 - 2031, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2019 - 2031, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2019 – 2031, (USD Bn)
GCC Countries
Israel
Rest of Middle East
Africa
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Product, 2019 - 2031, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2019 - 2031, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2019 - 2031, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Country/Region, 2019 – 2031, (USD Bn)
North Africa
Central Africa
South Africa
9. Competitive Landscape
Company Profiles
Abbott Laboratories
Company Highlights
Method Portfolio
Key Highlights
Financial Performance
Market Strategies
Abiomed
Company Highlights
Method Portfolio
Key Highlights
Financial Performance
Market Strategies
Biotronik SE & Co. KG
Company Highlights
Method Portfolio
Key Highlights
Financial Performance
Market Strategies
Boston Scientific Corporation
Company Highlights
Method Portfolio
Key Highlights
Financial Performance
Market Strategies
Koninklijke Philips NV
Company Highlights
Method Portfolio
Key Highlights
Financial Performance
Market Strategies
LivaNova PLC
Company Highlights
Method Portfolio
Key Highlights
Financial Performance
Market Strategies
Medtronic PLC
Company Highlights
Method Portfolio
Key Highlights
Financial Performance
Market Strategies
Schiller AG
Company Highlights
Method Portfolio
Key Highlights
Financial Performance
Market Strategies
Physio-Control, Inc.
Progetti Srl
Zoll Medical Corporation
Cardiac Science
Defibtech, LLC
Asahi Kasei Corporation
MicroPort Scientific Corporation
St. Jude Medical, Inc.
CU Medical Systems Inc.
10. Analyst Recommendations
Wheel of Fortune
Analyst View
Coherent Opportunity Map
11. Research Methodology
References
Research Methodology
About us and Sales Contact
*Browse 32 market data tables and 28 figures on Cardiac Rhythm Management Devices Market” -Global forecast to 2031