The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

North America held the largest cardiac rhythm management CRM devices and equipment market share.

The global cardiac rhythm management CRM devices and equipment market is expected to grow from $15.13 billion in 2022 to $16.19 billion in 2023 at a compound annual growth rate (CAGR) of 7.0%. The cardiac rhythm management (CRM) devices and equipment market size is expected to grow to $20.05 billion in 2027 at a CAGR of 5.5%.

Major Driver In The Cardiac Rhythm Management CRM Devices And Equipment Market ­– Rise In The Incidences Of Cardiovascular Diseases
Cardiovascular disorders account for around 31% of all global deaths, according to the World Health Organisation. The majority of these deaths are caused by heart attacks and strokes. The demand for cardiac rhythm management and technologies is predicted to rise as more people develop cardiovascular disorders.

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Key Cardiac Rhythm Management CRM Devices And Equipment Market Segments
1) By Product: Pacemakers, Defibrillators, Cardiac Resynchronization Therapy (CRT)
2) By End User: Hospitals, Ambulatory surgical centers, Physicians Clinics
3) By Application: Bradycardia, Tachycardia, Heart Failure, Other Applications
4) By Pacemakers: Implantable Pacemakers, External Pacemakers
5) By Defibrillators: Implantable Cardioverter Defibrillators, External Defibrillator
6) By Cardiac Resynchronization Therapy (CRT): CRT-Defibrillators (CRT-D), CRT-Pacemakers (CRT-P)

Recent Cardiac Rhythm Management CRM Devices And Equipment Market Trend – Technologies Such As S-ICD And LCP
To avoid difficulties with transvenous lead and other CRM devices, technologies like as subcutaneous implantable cardioverter-defibrillators (S-ICD) and leadless cardiac pacemakers (LCP) are being developed. By enabling wireless intra-body communication between devices, the innovative modular cardiac rhythm management (mCRM) system enables for the coordination of leadless pacing and defibrillator therapy delivery. A combination of anti-tachycardia pacing-enabled LCP and S ICD allows for this communication. Medtronic, for example, created the leadless pacemaker Micra, which may be inserted into the heart via veins and is self-contained within the heart.

Cardiac Rhythm Management CRM Devices And Equipment Market Prominent Players
Major players in the cardiac rhythm management CRM devices and equipment market are Abbott, Medtronic, Biotronik, Cardiac Science Corporation, Schiller AG, Hill-Rom Holdings Inc., GE Healthcare, Integer, Biotelemetry, and Neovasc.

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 The Cardiac Rhythm Management CRM Devices And Equipment Global Market Report 2023  provides a comprehensive overview on the cardiac rhythm management CRM devices and equipment market size, trends and drivers, opportunities, strategies, and companies analysis. The countries covered in the cardiac rhythm management CRM devices and equipment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

Cardiac rhythm management (CRM) devices and equipment are used to control the heart rate or rhythm by delivering electrical impulses or shocks to the heart, allowing it to resume normal operations. CRM devices are used to diagnose and treat arrhythmia-related disorders such as cardiac arrests, heart failure, and arrhythmias.

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