Global Pacemakers and Cardiac Resynchronization Therapy Devices Market Growth 2025-2031
The global Pacemakers and Cardiac Resynchronization Therapy Devices market size is predicted to grow from US$ 11630 million in 2025 to US$ 14060 million in 2031; it is expected to grow at a CAGR of 3.2% from 2025 to 2031.
Cardiac Rhythm Management Device is a medical device which uses electrical impulses, delivered by electrodes contracting the heart muscles, to regulate the beating of the heart.
A cardiac rhythm management device (CRMD) refers to any permanently implanted cardiac pacemaker or any implantable cardioverter-defibrillator (ICD). The term CRMD also refers to any cardiac resynchronization device. The term CRT refers to a CRMD that provides cardiac resynchronization therapy using biventricular pacing techniques.
North America is the largest Pacemakers and Cardiac Resynchronization Therapy Devices market with about 49% market share. Europe is follower, accounting for about 26% market share.
The key players are Medtronic, St. Jude Medical (Abbott), Boston Scientific, Biotronik, MicroPort, Medico, Lepu (Qinming Medical), IMZ, Cardioelectronica, Pacetronix etc. Top 3 companies occupied about 89% market share.
LP Information, Inc. (LPI) ' newest research report, the “Pacemakers and Cardiac Resynchronization Therapy Devices Industry Forecast” looks at past sales and reviews total world Pacemakers and Cardiac Resynchronization Therapy Devices sales in 2024, providing a comprehensive analysis by region and market sector of projected Pacemakers and Cardiac Resynchronization Therapy Devices sales for 2025 through 2031. With Pacemakers and Cardiac Resynchronization Therapy Devices sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Pacemakers and Cardiac Resynchronization Therapy Devices industry.
This Insight Report provides a comprehensive analysis of the global Pacemakers and Cardiac Resynchronization Therapy Devices landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Pacemakers and Cardiac Resynchronization Therapy Devices portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Pacemakers and Cardiac Resynchronization Therapy Devices market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Pacemakers and Cardiac Resynchronization Therapy Devices and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Pacemakers and Cardiac Resynchronization Therapy Devices.
This report presents a comprehensive overview, market shares, and growth opportunities of Pacemakers and Cardiac Resynchronization Therapy Devices market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Pacemaker
ICD
CRT
Segmentation by Application:
Bradycardia
Tachycardia
Heart Failure
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Medtronic
St. Jude Medical (Abbott)
Boston Scientific
Biotronik
MicroPort
Medico
Lepu (Qinming Medical)
IMZ
Cardioelectronica
Pacetronix
Key Questions Addressed in this Report
What is the 10-year outlook for the global Pacemakers and Cardiac Resynchronization Therapy Devices market?
What factors are driving Pacemakers and Cardiac Resynchronization Therapy Devices market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Pacemakers and Cardiac Resynchronization Therapy Devices market opportunities vary by end market size?
How does Pacemakers and Cardiac Resynchronization Therapy Devices break out by Type, by Application?