Title: Global Cardiac Rhythm Management (CRM) Market Report: 2016 Edition - New Report by Koncept Analytics
1Global CRM Market Report -----------------------
------------------ 2016
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- Executive Summary
- Cardiac rhythm management (CRM) is a
well-established segment of the cardiology
devices market. CRM majorly consists of devices
such as implantable cardioverter defibrillators
(ICD), implantable pacemakers, and other CRM
monitoring devices. Cardiac rhythm management
devices are commonly used for the treatment of
arrhythmias specifically superventricular
arrhythmias (SVA) and ventricular arrhythmias
(VA) and heart failure. CRM devices can be very
efficient in decreasing the number of Sudden
Cardiac Death (SCD). SCD is an unexpected death
due to cardiac causes occurring in a short time
period (generally within 1 hour of symptom onset)
in a person with known or unknown cardiac
disease. - The emerging markets are offering significant
potential for companies able to establish
distribution channels in the region. However, low
reimbursement and costs of living provide intense
pricing pressure for market entrants. With
limited financial resources available, current
devices are largely unaffordable in developing
countries, and significant reductions are
expected in future as manufacturing operations
improve and distribution becomes more global. In
response to significant cost concerns, there are
many companies which are developing value-tier
platforms that enable the sale of lower-cost
devices. As physician use and adoption continues
to increase in these regions, significant market
expansion is expected. - The report provides a comprehensive study of
global cardiac rhythm management (CRM) market and
also the regional markets. The competition in the
global CRM market is intense among large players
like Medtronic, St. Jude Medical and Boston
Scientific. All these companies have been
profiled in the present report highlighting their
key financials and business strategies for
growth. - The key factors driving the growth of the CRM
market are growing consumption of tobacco and
alcohol, rising global population, rising
healthcare expenditure, the rise of irrigated RF
ablation catheter device, expansion in emerging
markets and increasing prevalence of cardiac
arrhythmias. Some of the noteworthy trends and
developments of this industry are new product
launch, rising demand of leadless pacemaker, ICD
procedure growth trend, increased adoption of
subcutaneous ICD, introduction of quadripolar
lead devices. However, the expansion of market is
hindered by regulatory and environment issues.
3Rising incidence of cardiac rhythm disorder and
increasing healthcare expenditure to drive the
market
Global CRM Market (2008-2015)
- The global CRM market increased to US... billion
in 2015 from US... billion in 2014, showing a
minor incline of . - As of 2014, the global ICD market was recorded at
US... million, down by , as compared to US...
million in 2013. - As of 2015, in terms of global ICD implants type,
CRT-D accounted for the largest market share of
, followed by dual chamber ICD, single chamber
ICD and ICD leads with , .. and share
respectively.
Global ICD Market (2012-2016E)
Global ICD Implants by Type (2015)
4Ageing population, increase in the incidences of
heart diseases and increased rate of obesity are
driving the market
Global Pacemaker Market (2012-2016E)
- As of 2015, the global pacemaker market was
valued at US... million and is estimated to
increase to US... million by 2016. - As of 2015, global Cather ablation procedure
volume increased to thousand from thousand in
2014, representing a growth of . - In terms of Cather ablation by type, EP ablation
accounted for the largest share of in 2015. It
was followed by EP diagnostics and mapping
recorders with share of and respectively.
Global Cather Ablation Procedure by Volume
(2012-2015)
Global Cather Ablation by Type (2015)
5Excess alcohol consumption, smoking, high
cholesterol levels, and obesity to drive the
market
The US CRM Market Sales by Quarter (1Q13-4Q15E)
- The US CRM market increased to US... million in
the second quarter of 2015, as compared to US...
in first quarter of 2015, witnessing an incline
of . - The US implantable cardiac defibrillators market
was recorded at US... million in 2015, as
compared to US... million in 2014, representing
an incline of . - The US pacemaker market was valued at US...
million in 2015, as compared to US... million in
2014, showing an increase of and is estimated
to increase to US... by 2016.
The US ICD Market (2013-2016E)
The US Pacemaker Market (2013-2016E)
6Contact Us
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These are abridged and sanitized sample pages
from the comprehensive report on the Global CRM
Market . To know more about this report or for
any customized research requirement, please
contact the following
Koncept Analytics CS-36, Second Floor, Ansal
Plaza Vaishali, Ghaziabad, U.P. 201010 T.
91-120-4130959 C 91-9811715635
vikas_at_konceptanalytics.com
Vikas Gupta BD Manager
www.konceptanalytics.com