Vancouver, BC -- (SBWIRE) -- 02/08/2021 -- Market Size – USD 17.91 Billion in 2019, Market Growth - CAGR of 6.8%, Market Trends– Increasing development of technologically advanced products.

Cardiac rhythm management (CRM) devices are used extensively to treat bradycardia, tachycardia, arrhythmia, and sudden cardiac arrests. Since the prevalence of cardiac rhythm conditions is increasing the adoption of cardiac management devices has been increased significantly during the past decade. Additionally, emerging nations are witnessing a huge demand for these devices due to higher prevalence of cardiac conditions, increasing awareness about products amongst the population, and increasing per capita income.

On the basis of product, the market is segmented into pacemakers, defibrillators, and cardiac resynchronization therapy (CRT). Increasing incidences of heart failures and arrhythmias have boosted the demand for technologically-advanced cardiac rhythm management (CRM) devices. Photoplethysmography technology, when used in wearables, such as fitness trackers and smartwatches, improves atrial fibrillation (AFib) detection & screening.

Heart rhythm devices Market Drivers
Certain factors driving the market growth include the increasing prevalence of cardiovascular disorders, rising usage of ambulatory and home services for cardiac monitoring, technological advancements, and favorable reimbursement policies. Increasing occurrences of cardiovascular disorders are a key factor driving the growth of the cardiac rhythm management devices market.

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Key participants include Medtronic (Ireland), Boston Scientific (US), Abbott Laboratories (US), GE Healthcare (US), BIOTRONIK (Germany), Hill-Rom Holding (US), and Koninklijke Philips (Netherlands), Cardiac Science, Livanova, Stryker, Schiller AG, Biotelemetry, Applied Cardiac System, Zoll Medical Corporation among others.

Heart rhythm devices Market Regional Landscape
North America led the CRM devices market with a major share, driven by various factors, such as the region's established healthcare infrastructure, expanding geriatric population, and increasing regulatory approvals. Asia Pacific is expected to grow at a substantial pace during the forecast period. The growth is propelled by rising R&D investments from industry players and authorities, such as the American College of Cardiology and the China Cardiovascular Association to develop ground-breaking cardiac care technologies.

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Heart rhythm devices Market Report Objectives
Examine the size of the global Heart rhythm devices market based on the parameters of value and volume.
Accurately calculate the market shares, consumption, and other essential aspects of different segments of the global Heart rhythm devices market.
Explore the underlying dynamics of the global Heart rhythm devices market.
Highlight significant trends of the global Heart rhythm devices market based on factors including, production, revenue, and sales.
Extensively profile top players of the global Heart rhythm devices market and showing how they compete in the industry.
Study manufacturing processes and the costs, product pricing, and various trends associated with them.
Analyze the performance of different regions and countries in the global Heart rhythm devices market.
Forecast the market size and share of all segments and regions in the global landscape.

Here are the questions we answer...
What are the future opportunities in store for the vendors operating in the Heart rhythm devices market?
What does the competitive landscape look like?
Which emerging technologies are believed to impact the Heart rhythm devices market performance?
What are the key trends and dynamics?
Which regulations that will impact the industry?
Which segment will offer the most opportunity for growth between 2020 and 2027?
Where will most developments take place in the long term?
Who are the most prominent vendors and how much market share do they occupy?
What are the latest technologies or discoveries influencing the Heart rhythm devices market growth worldwide?

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Heart rhythm devices Market Type Outlook (Revenue in Million USD; 2017–2027)
ECG devices
Product
Resting ECG Devices
Stress ECG Devices
Holter Monitors
Lead
Single Lead ECG Wires
ECG Lead Wires
Others
Pacemakers
Implantable
External
Defibrillators
Implantable Cardioverter Defibrillators
S-ICD
T-ICD
External Defibrillators
Manual External Defibrillator
Automatic External Defibrillator
Wearable Cardioverter Defibrillator
Implantable Loop Recorders
Cardiac Resynchronization Therapy (CRT)
Cardiac Resynchronization Therapy Defibrillators (CRT-D)
Cardiac Resynchronization Therapy Pacemakers (CRT-P)
Others

Heart rhythm devices Market Applications outlook (Revenue in Million USD; 2017–2027)
Bradycardia
Tachycardia
Heart Failure
Others

Heart rhythm devices Market End Use outlook (Revenue in Million USD; 2017–2027)
Hospitals
Clinics
Ambulatory Surgical Centers,
Home Care Settings
Others

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Table of Content
Chapter 1. Methodology & Sources
1.1. Heart rhythm devices Market Definition
1.2. Heart rhythm devices Market Research Scope
1.3. Heart rhythm devices Market Methodology
1.4. Heart rhythm devices Market Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. Heart rhythm devices Market Segmentation & Impact Analysis
Chapter 5. Heart rhythm devices Market By Technique Type Insights & Trends, Revenue (USD Million)
Chapter 6. Heart rhythm devices Market By Technology Insights & Trends Revenue (USD Million)
Chapter 7. Heart rhythm devices Market By Application Insights & Trends, Revenue (USD Million)
Chapter 8. Heart rhythm devices Market Regional Outlook
Chapter 9. Competitive Landscape
Continued…