The cardiac rhythm management (CRM) market includes pacemakers,
cardiac resynchronization therapy (CRT) devices, implantable cardioverter
defibrillators (ICDs) and cardiac stimulation leads. Over the forecast period,
the CRM market will be driven by the aging population and adoption of advanced
CRM devices.
The CRM market is expected to experience growth across all product
segments over the forecast period. The more recent products are expected to
experience strong growth on a percentage basis but not on an absolute unit or
market growth basis simply because newer devices take longer for physicians to
adopt. Also, considering the criticality of the procedures, it will take years
of practice before a device can fully take off. Therefore, most of the devices
sold for newer market segments will go towards training and clinical studies.
Medtronic was the leading competitor in the pacemaker, ICD, CRT and
leads market. The company is also pioneering the new leadless pacemaker sub
segment, which is expected to revolutionize the industry. Medtronic has been
able to maintain its dominant position in the market by offering a wide range
of cardiac rhythm management products and even competing in the ablation
catheter market, while utilizing their expansive distribution network to
improve sales.
Other major competitors in the market include Biotronik, Boston
Scientific, St. Jude Medical and the Sorin Group. Certain companies, such as
Boston Scientific and St. Jude Medical, also offer a wide range of
electrophysiology (EP) and cardiac ablation products and sell them through
large distribution networks.
This Market Report Includes
Segments On:
- Pacemaker Market – Single and Dual Chamber Devices
- Implantable Cardioverter Defibrillator Market – Single and Dual Chamber ICDs
- Cardiac Resynchronization Therapy Device Market – CRT-Ds and CRT-Ps
- Cardiac Lead Market – Pacing, Defibrillation, and Left Ventricle
This 234 Page Report Includes:
- In-depth, Professionally Researched Data That Has Been Formatted and Analyzed to Gain Actionable Insights as Quickly as Possible
- Executive Summary
- Trend Analysis by Segment
- Market Value Forecasts until 2022 and History Back to 2012
- Market Drivers and Limiters
- Detailed Competitive Analysis for Each Market and Segment
To Get The Most Out of This
Report:
Bundle it with our European Report for Electrophysiology and Cardiac
Ablation Devices, US Cardiac Rhythm
Management Market.
The CRM market is expected to experience growth across all product
segments over the forecast period. The more recent products are expected to
experience strong growth on a percentage basis but not on an absolute unit or
market growth basis simply because newer devices take longer for physicians to
adopt. Also, considering the criticality of the procedures, it will take years
of practice before a device can fully take off. Therefore, most of the devices
sold for newer market segments will go towards training and clinical studies. Throughout
the forecast period, replacement devices are expected to experience strong
growth, which limits the full growth potential of the market. However, there is
a noticeable shift from single-chamber devices to dual-chamber devices that
will drive many of the CRM market segments throughout the forecast period
Spanning over 234 pages “European
Markets for Cardiac Rhythm Management - 2016 (Forecasted to 2022)” report
covers Executive Summary, Research Methodology, European Cardiac Rhythm
Management Market Overview, Country Profiles, Pacemaker Market, Implantable
Cardioverter Defibrillator Market, Cardiac Resynchronization Therapy Device
Market, Cardiac Lead Market. The report covered companies are - Medtronic, St.
Jude Medical, Boston Scientific, Biotronik, Sorin, B. Braun, Cameron Health, GE
Healthcare, Lepu Medical, Oscor, Osypka Medical, Vitatron
For
further information on this report, please visit- http://mrr.cm/oWQ
Find
all Diagnostics Reports at: http://www.marketresearchreports.com/diagnostics
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