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Published: Nov, 2019 | Pages:
107 | Publisher: Grand View Research
Industry: Medical Devices | Report Format: Electronic (PDF)
The global cardiac rhythm management devices market size is anticipated to reach USD 32.7 billion by 2026, is expected to grow at a CAGR of 7.1% during the forecast period as per the new report by Grand View Research, Inc. The cardiac rhythm management (CRM) devices market has shown a constant growth in the adoption of CRM devices owing to the increasing prevalence of cardiovascular disorders. Stroke and ischemic heart disease account for more than 80% of all deaths related to CVD worldwide. According to CDC in 2017, CVDs are responsible for about 800,000 lives lost in the U.S. Favorable reimbursement policies, by the U.S. Medicare system, for biventricular pacemakers, single chamber, and dual chamber is further anticipated to increase adoption of these devices in future. Revolutionary technological progresses are rapidly transforming the cardiac rhythm management market. Major CRM devices market players operational are Physio-Control, Inc. (Stryker), Medtronic, St. Jude Medical, Boston Scientific Corporation etc. which account for a significant share of the market owing to their extensive product offerings. Industry players are further focusing on increasing their foothold by collaborations and acquisitions. For ex. in March 2019, Zoll acquired Golden Hour Data Systems to optimize its operations with complete suite of business solutions. Further Key Findings From the Study Suggest: • Defibrillators held the dominant share due to high acceptance of these products in countries such as the U.S., China, and India. The ICD segment was the largest sub segment in 2018, accounting for over 70.00% of the market share, owing to its better patient outcome. • Within external defibrillator segment, manual external defibrillator held the highest share in 2018 as manual defibrillators have capabilities that AEDs do not possess, including pacing, i.e., delivering pulses of the current to stimulate heart contraction as well as cardioversion, converting arrhythmia or tachycardia to a normal heartbeat. • Physio-Control, Inc. (Stryker), Medtronic, St. Jude Medical, Boston Scientific Corporation are some of the major CRM devices market participants due to their product offerings and regional presence • Companies are adopting different strategies to gain competitive advantage. New product development, partnerships, mergers & acquisitions, strategic collaborations, and regional penetration are some of them.
Table of Contents Chapter 1 Methodology and Scope 1.1 Market Segmentation and Scope 1.1.1 Products 1.1.2 Region 1.1.3 Estimates and forecast timeline 1.2 Research Methodology 1.3 Information Procurement 1.3.1 Purchased database: 1.3.2 GVR’s internal database 1.3.3 Secondary sources 1.3.4 Primary research 1.3.5 Details of primary research 1.3.5.1 Data for primary interviews in North america 1.3.5.2 Data for primary interviews in Europe 1.3.5.3 Data for primary interviews in Asia Pacific 1.3.5.4 Data for primary interviews in Latin America 1.3.5.5 Data for primary interviews in Middle East and Africa 1.4 Information or Data Analysis 1.4.1 Data analysis models 1.5 Market Formulation & Validation 1.6 Model Details 1.6.1 Commodity Flow Analysis 1.6.2 Volume price analysis (Model 2) 1.7 List of Secondary Sources 1.8 List of Primary Sources 1.9 Objectives 1.9.1 Objective 1 1.9.2 Objective 2 1.9.3 Objective 3 1.9.4 Objective 4 Chapter 2 Executive Summary 2.1 Market Outlook 2.2 Segment Outlook Chapter 3 CRM Devices Market Variables, Trends & Scope 3.1 Market Dynamics 3.1.1 Market Driver Analysis 3.1.1.1 Increasing incidence of cardiac disorders 3.1.1.2 Favorable reimbursement policies 3.1.1.3 Growing geriatric population base 3.1.1.4 Growing adoption of sedentary lifestyle 3.1.1.5 Market Restrain Analysis 3.1.1.6 Stringent regulatory framework 3.2 CRM Devices: Market Analysis Tools 3.2.1 Industry Analysis - PORTER’S 3.2.2 SWOT Analysis By Factors (political & legal, economic and technological) 3.2.3 Major Deals And Strategic Alliances 3.2.4 Cardiac Practices In U.S. 3.2.4.1 Product Recalls Chapter 4 CRM Devices Market: Segment Analysis, by Product, 2014 - 2026 (USD Million) 4.1 Definition and Scope 4.2 Product Type Market Share Analysis, 2018 & 2026 4.3 Global CRM Devices Market, by Product, 2014 to 2026 4.4 Market Size & Forecasts and Trend Analyses, 2014 to 2026 4.4.1 Pacemaker 4.4.1.1 Pacemaker, 2014 - 2026 (USD Million) 4.4.2 Implantable Pacemaker 4.4.2.1 implantable Pacemaker, 2014 - 2026 (USD Million) 4.4.3 External Pacemaker 4.4.3.1 External Pacemaker, 2014 - 2026 (USD Million) 4.4.4 Defibrillators 4.4.4.1 Defibrillators, 2014 - 2026 (USD Million) 4.4.4.2 ICDs 4.4.4.2.1 ICDs, 2014 - 2026 (USD Million) 4.4.4.2.2 s-ICD 4.4.4.2.2.1 s-ICD, 2014 - 2026 (USD Million) 4.4.4.2.3 T-ICD 4.4.4.2.3.1 T-ICD, 2014 - 2026 (USD Million) 4.4.4.3 External Defibrillators 4.4.4.3.1 External Defibrillators, 2014 - 2026 (USD Million) 4.4.4.3.2 Manual External Defibrillators 4.4.4.3.2.1 Manual External Defibrillators, 2014 - 2026 (USD Million) 4.4.4.3.3 Automatic External Defibrillators (AED) 4.4.4.3.3.1 Automatic External Defibrillators, 2014 - 2026 (USD Million) 4.4.4.3.4 Wearable Cardioverter Defibrillators (WCD) 4.4.4.3.4.1 Wearable Cardioverter Defibrillators, 2014 - 2026 (USD Million) 4.4.5 CRT 4.4.5.1 CRT, 2014 - 2026 (USD Million) 4.4.5.2 CRT pacemaker 4.4.5.2.1 CRT pacemaker, 2014 - 2026 (USD Million) 4.4.5.3 CRT- Defibrillators 4.4.5.3.1 CRT-deffibrillators, 2014 - 2026 (USD Million) Chapter 5 CRM Devices Market: Regional Market Analysis, by Product, 2014 - 2026 (USD Million) 5.1 Definition & Scope 5.2 Regional Market Snapshot 5.3 Market Size, & Forecasts, Volume and Trend Analysis, 2018 to 2025 5.4 North America 5.4.1 North America Market Estimates And Forecast, By Country, 2014 - 2026 (USD Million) 5.4.2 U.S. 5.4.2.1 U.S. CRM Devices market, 2014 - 2026 (USD Million) 5.4.3 Canada 5.4.3.1 Canada CRM Devices market, 2014 - 2026 (USD Million) 5.5 Europe 5.5.1 Europe CRM Devices Market, By Country, 2014 - 2026 (USD Million) 5.5.2 UK 5.5.2.1 UK CRM Devices Market, 2014 - 2026 (USD Million) 5.5.3 Germany 5.5.3.1 Germany CRM Devices Market, 2014 - 2026 (USD Million) 5.5.4 France 5.5.4.1 France CRM Devices Market, 2014 - 2026 (USD Million) 5.5.5 Italy 5.5.5.1 Italy CRM Devices Market, 2014 - 2026 (USD Million) 5.5.6 Spain 5.5.6.1 Spain CRM Devices Market, 2014 - 2026 (USD Million) 5.6 Asia Pacific 5.6.1 Asia Pacific CRM Devices Market, By Country, 2014 - 2026 (USD Million) 5.6.2 Japan 5.6.2.1 Japan Implantation CRM Devices Market, 2014 - 2026 (USD Million) 5.6.3 China 5.6.3.1 China CRM Devices Market, 2014 - 2026 (USD Million) 5.6.4 Australia 5.6.4.1 Australia CRM Devices Market, 2014 - 2026 (USD Million) 5.6.5 India 5.6.5.1 India CRM Devices Market, 2014 - 2026 (USD Million) 5.7 Latin America 5.7.1 Latin America CRM Devices Market, By Country, 2014 - 2026 (USD Million) 5.7.2 Brazil 5.7.2.1 Brazil CRM Devices market, 2014 - 2026 (USD Million) 5.7.3 Mexico 5.7.3.1 Mexico CRM Devices market, 2014 - 2026 (USD Million) 5.8 MEA 5.8.1 Mea CRM Devices Market, By Country2014 - 2026 (USD Million) 5.8.2 South Africa 5.8.2.1 South Africa CRM Devices market, 2014 - 2026 (USD Million) 5.8.3 Saudi Arabia 5.8.3.1 Saudi Arabia CRM Devices market, 2014 - 2026 (USD Million) Chapter 6 CRM Devices Market - Competitive Analysis 6.1 Company Profiles 6.2 Physio-Control, Inc. (Stryker) 6.2.1 Company Overview 6.2.2 Financial Performance 6.2.3 Product Benchmarking 6.2.4 Strategic Initiatives 6.3 Schiller 6.3.1 Company Overview 6.3.2 Product Benchmarking 6.3.3 Strategic Initiatives 6.4 Medtronic 6.4.1 Company Overview 6.4.2 Financial Performance 6.4.3 Product Benchmarking 6.4.4 Strategic Initiatives 6.5 St Jude Medical (Abbott) 6.5.1 Company Overview 6.5.2 Financial Performance 6.5.3 Product Benchmarking 6.5.4 Strategic Initiatives 6.6 Boston Scientific Corporation 6.6.1 Company Overview 6.6.2 Financial Performance 6.6.3 Product Benchmarking 6.6.4 Strategic Initiatives 6.7 Koninklijke Philips N.V. 6.7.1 Company Overview 6.7.2 Financial Performance 6.7.3 Product Benchmarking 6.7.4 Strategic Initiatives 6.8 Zoll Medical Corporation 6.8.1 Company Overview 6.8.2 Product Benchmarking 6.8.3 Strategic Initiatives 6.9 BIOTRONIK 6.9.1 Company Overview 6.9.2 Product Benchmarking 6.9.3 Strategic Initiatives
List of Tables Table 1 Primary interview details: North America Table 2 Primary interview details: Europe Table 3 Primary interview details: Asia Pacific Table 4 Primary interview details: Latin America Table 5 Primary interview details: Middle East and Africa Table 6 List of secondary sources Table 7 Technological trends in CRM Devices Table 8 Recently approved AEDs List of Figures Fig. 1 CRM Devices Segmentation and Scope Fig. 2 Market research process Fig. 3 Information procurement Fig. 4 Primary research pattern Fig. 5 Primary interviews in North America Fig. 6 Primary interviews in Europe Fig. 7 Primary interviews in Asia Pacific Fig. 8 Primary interviews in Latin America Fig. 9 Primary interviews in Middle East and Africa Fig. 10 Market research approaches Fig. 11 Value-chain-based sizing & forecasting Fig. 12 QFD modeling for market share assessment Fig. 13 Market formulation & validation Fig. 14 Commodity flow analysis Fig. 15 Volume price analysis Fig. 16 Market outlook (2018) Fig. 17 Segment outlook Fig. 18 Market driver relevance analysis (Current & future impact) Fig. 19 CVD prevalence in U.S. (%) Fig. 20 CVD prevalence in U.S. by cardiac diseases (percentage, %) Fig. 21 Geriatric population (million) Fig. 22 Market restraint relevance analysis (Current & future impact) Fig. 23 Porter’s five forces analysis Fig. 24 PESTLE analysis Fig. 25 Strategy mapping Fig. 26 CRM Devices market: Product movement analysis Fig. 27 CRM Devices market product outlook: Key takeaways Fig. 28 Pacemaker, 2014 - 2026 (USD million) Fig. 29 Implantable pacemaker, 2014 - 2026 (USD million) Fig. 30 External pacemaker, 2014 - 2026 (USD million) Fig. 31 Defibrillators, 2014 - 2026 (USD million) Fig. 32 ICDs, 2014 - 2026 (USD million) Fig. 33 S-ICD, 2014 - 2026 (USD million) Fig. 34 T-ICD, 2014 - 2026 (USD million) Fig. 35 External defibrillators, 2014 - 2026 (USD million) Fig. 36 Manual external defibrillators, 2014 - 2026 (USD million) Fig. 37 Automatic external defibrillators, 2014 - 2026 (USD million) Fig. 38 Wearable cardioverter defibrillators, 2014 - 2026 (USD million) Fig. 39 CRT, 2014 - 2026 (USD million) Fig. 40 CRT pacemaker, 2014 - 2026 (USD million) Fig. 41 CRT defibrillators, 2014 - 2026 (USD million) Fig. 42 CRM Devices market: Regional movement analysis Fig. 43 Regional market place: Key takeaways Fig. 44 North America CRM Devices market, by country, 2014 - 2026 (USD Million) Fig. 45 U.S. CRM Devices market, 2014 - 2026 (USD Million) Fig. 46 Canada CRM Devices market, 2014 - 2026 (USD Million) Fig. 47 Europe CRM Devices market, by country, 2014 - 2026 (USD Million) Fig. 48 UK. CRM Devices market, 2014 - 2026 (USD Million) Fig. 49 Germany CRM Devices market, 2014 - 2026 (USD Million) Fig. 50 France CRM Devices market, 2014 - 2026 (USD Million) Fig. 51 Italy CRM Devices market, 2014 - 2026 (USD Million) Fig. 52 Spain CRM Devices market, 2014 - 2026 (USD Million) Fig. 53 Asia Pacific CRM Devices market, by country, 2014 - 2026 (USD Million) Fig. 54 Japan implantation CRM Devices market, 2014 - 2026 (USD Million) Fig. 55 China CRM Devices market, 2014 - 2026 (USD Million) Fig. 56 Australia CRM Devices market, 2014 - 2026 (USD Million) Fig. 57 India CRM Devices market, 2014 - 2026 (USD Million) Fig. 58 Latin America CRM Devices market, by country, 2014 - 2026 (USD Million) Fig. 59 Brazil CRM Devices market, 2014 - 2026 (USD Million) Fig. 60 Mexico CRM Devices market, 2014 - 2026 (USD Million) Fig. 61 MEA CRM Devices market, by country, 2014 - 2026 (USD Million) Fig. 62 South Africa CRM Devices market, 2014 - 2026 (USD Million) Fig. 63 Saudi Arabia CRM Devices market, 2014 - 2026 (USD Million)
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