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Cardiac Rhythm Management Devices Market Sales, Revenue, Outlook 2021-2027
Cardiac Rhythm Management Devices Market is valued around USD 19.48 Billion in 2019 and expected to reach USD 23.90 Million by 2026 with the CAGR of 2.96% over the forecast period.
Cardiac rhythm management devices include pacemaker, cardiac resynchronization therapy, implantable cardioverter defibrillators and loop recorders heart failure. These devices perform various type of functions such as; bradycardia pacing for tachyarrhythmia. Nowadays there is an increase in the number of heart and cardiac disorders due to the sedentary lifestyle among the population and increase the demand for cardiac rhythm management devices.
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According to WHO report, in 2015 cardiovascular disease was the leading cause of the deaths accounted for 17.7 million deaths worldwide. Adding into the cardiac rhythm management device technology the one most important technology is implantable device that uses complementary metal oxide semiconductor (CMOS) which are vulnerable to damage by the therapeutic doses of radiation, but it can vary ...
... according to the type of device in use. This factor is one of the major factors that limits the scope of using cardiac rhythm management devices, as the implants are highly sensitive and their malfunctioning may have serious consequences.
Key Players -
The key players operating in Cardiac Rhythm Management Devices Market include Medtronic, Abbott Laboratories, BIOTRONIK, Inc. Boston Scientific Corporation, St. Jude Medical, ZOLL Medical Corporation, Koninklinjke Philips. N.V., LivaNova and Schriller AG and others.
Market Segmentation:-
By Product: Pacemakers (Implantable Pacemakers, External Pacemakers), Cardiac Resynchronization Therapy (CRT) ( CRT-Defibrillators (CRT-D), CRT-Pacemakers (CRT-P)), Defibrillators, Implantable Cardioverter Defibrillators (ICDs) (Subcutaneous ICD (S-ICD), Trans venous ICD (T-ICD)), External Defibrillator (ED) (Manual ED, Wearable Cardioverter Defibrillator, Automated ED (AED))
By End-User: Home settings, Hospitals, Ambulatory Surgical Center
By Application: Bradycardia, Heart Failure, Tachycardi
Regional & Country Analysis
North America, U.S., Mexico, Canada , Europe, UK, France, Germany, Italy , Asia Pacific, China, Japan, India, Southeast Asia, South America, Brazil, Argentina, Columbia, The Middle East and Africa, GCC, Africa, Rest of Middle East and Africa
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