Market Revenue Cardiac Rhythm Management (CRM) Devices Industry

Cardiac Rhythm Management (CRM) Devices Industry
Competitive Situation and Trends, Capacity By 2025
“Cardiac Rhythm Management (CRM) Devices Market size is projected to
reach at USD 32.4 billion by 2025. The CRM devices market is subject to
witness substantial growth due to numerous awareness programs and
schemes by regional governments in emerging and developed economies.”
The global Cardiac Rhythm Management (CRM) Devices Market size is projected to reach at USD 32.4 billion
by 2025. The CRM devices market is subject to witness substantial growth due to numerous awareness programs
and schemes by regional governments in emerging and developed economies. Growing occurrence of
cardiovascular diseases (CVDs), supportive legislative policies, and critical advancements in technology are
attributing to the progress of the market in forecast period. Though, initial cost associated with implementation
of cardiac rhythm management (CRM) devices and lack of awareness in rural parts across the globe are limiting
the market expansion of cardiac rhythm management (CRM) devices market. The CRM devices market is
expected to grow at a 7.8% CAGR during the forecast period.
Cardiac rhythm management (CRM) devices are considered as most viable option for the treatment for the
patients suffering through diseases like arrhythmias. The recent advancement in cardiac resynchronization
therapies (CRTs) and devices are driving the market growth. Alongside, the rising use of the implantable
cardioverter-defibrillators (ICDs) and its applications alongside their integration with pacemakers in order to
improve the product’s life cycle are playing crucial part for treatment of heart diseases. The progress of the
cardiac rhythm management (CRM) devices industry is also attributed to the factors such as need for external
defibrillators due to growing awareness of its use and increasing occurrence of diseases related to the sudden
cardiac arrest (SCA).Cardiac rhythm management (CRM) is a procedure that involves the treatment of
arrhythmias (heart rhythm disorders).
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