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Cardiac Rhythm Management Devices Batteries Market | Coherent Market Insights

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Read here the latest updates on the Cardiac Rhythm Management Devices Batteries Market published by the CMI team. – PowerPoint PPT presentation

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Title: Cardiac Rhythm Management Devices Batteries Market | Coherent Market Insights


1
Coherent Marketing Insights
  • Market Research Business Consulting Services
  • https//www.coherentmarketinsights.com/
  • Covid-19 Impact Tracker

2
  • CARDIAC RHYTHM MANAGEMENT DEVICES BATTERIES
    MARKET ANALYSIS
  • Cardiac Rhythm Management Devices Batteries
    Market, By Product Type (Implantable Cardiac
    Pacemaker, Implantable Cardioverter
    Defibrillator, Cardiac Resynchronization Device),
    By Power Source (Lithium-Iodine Cells,
    Lithium-Silver Vanadium Oxide Cell,
    Lithium-Carbon Monofluride Cells,
    Lithium-Manganese Dioxide), and by Regions(North
    America, Europe, Asia Pacific, Latin America,
    Middle East and Africa) - Size, Share, Outlook,
    and Opportunity Analysis, 2019 - 2027

3
  • Implantable biomedical devices batteries are used
    in cardiac rhythm management (CRM) devices. CRM
    devices are used in the treatment of
    cardiovascular diseases (CVDs). Some of the
    implantable cardiac devices include, implantable
    cardiac pacemakers (ICP), implantable
    cardioverter defibrillators (ICD), and cardiac
    resynchronization therapy devices (CRT).
  • Statistics
  • The global cardiac rhythm management devices
    batteries market is estimated to account for US
    446.1 Mn in 2019 and is expected to reach US
    581.0 Mn by 2027.

4
  • Global Cardiac Rhythm Management Devices
    Batteries Market Drivers
  • Increasing adoption and advancement in lithium
    anode batteries is expected to boost growth of
    the global cardiac rhythm management devices
    batteries market over the forecast period. This
    is attributed to various advantages of lithium
    anode batteries such as light weight, high
    reliability and predictability, high energy
    density, small size, and long service life. Major
    institutes are focused on RD in lithium anode
    batteries. For instance, in July 2018, a study,
    Ionic Liquid-Based Electrolyte Membranes for
    Medium-High Temperature Lithium Polymer
    Batteries published in the journal MDPI
    Membranes, reported development of PEO-LiTFSI
    Li-conducting membranes, containing the
    PYR14TFSI ionic liquid, as electrolyte separators
    for all-solid-state lithium polymer batteries
    operating at medium-high temperatures. The novel
    system demonstrated improved thermal, ion
    transport and interfacial properties with respect
    to the ionic liquid-free electrolytes.

5
  • Statistics
  • North America region held dominant position in
    the global cardiac rhythm management devices
    batteries market in 2018, accounting for 37.7
    share in terms of value, followed by Europe
    region.

6
Global Cardiac Rhythm Management Devices
Batteries Market Restraints
  • Increasing product recall associated with CRM
    devices is expected to hinder growth of the
    global cardiac rhythm management devices
    batteries market. For instance, in February 2019,
    Medtronic, Inc. recalled 13,440 dual chamber
    implantable pulse generators in the U.S. due to
    the possibility that a software error could cause
    the devices to lose pacing function.
  • Li-Ion batteries are prone to explosion and thus
    require protection from being overcharged and
    discharged too far. Such drawbacks are also
    expected to hamper growth of the market over the
    forecast period.

7
Global Cardiac Rhythm Management Devices
Batteries Market Opportunities
  • Key players in the market can focus on RD in
    sodium-ion batteries. Although lithium-ion
    batteries are considered a major source of energy
    storage, depleting resources for lithium and high
    cost associated with mining and refining, may
    pave a way for other alternatives. Sodium-ion
    batteries are cheaper and offer effective
    operation. Therefore, increasing adoption of
    sodium-ion batteries in CRM devices is expected
    to offer lucrative growth opportunities to market
    players.
  • Moreover, increasing prevalence of CVDs and other
    heart-related diseases due to ganging lifestyle
    among the populace is expected to increase demand
    for CRM devices, thereby boosting growth of the
    global cardiac rhythm management devices
    batteries market. For instance, according to
    American Heart Associations Heart Disease and
    Stroke Statistics 2018 At-a-Glance, CVDs
    accounted for nearly 836,546 deaths in the U.S.
    Moreover, around 2,300 deaths are registered in
    the U.S. due to CVDs each day, an average of 1
    death every 38 seconds.

8
Market Trends/Key Takeaways
  • Increasing production of lithium has led to
    decrease in cost of lithium batteries. Moreover,
    manufacturers of lithium batteries are focused on
    investing in land purchase and drilling to
    further increase production of lithium.

9
  • Request Sample Report
  • Request Customization
  • Download PDF Brochure
  • Talk to Analyst
  • Referance https//www.coherentmarketinsights.com/
    market-insight/cardiac-rhythm-management-devices-b
    atteries-market-3173

10
About Us
  • Coherent Market Insights is a global market
    intelligence and consulting organization focused
    on assisting our plethora of clients achieve
    transformational growth by helping them make
    critical business decisions. We are headquartered
    in India, having office at global financial
    capital in the U.S. Our client base includes
    players from across all business verticals in
    over 150 countries worldwide.
  • What We ProvideCustomized Market Research
    AnalysisIndustry Analysis ServicesBusiness
    Consulting ServicesLong Term Engagement
    ModelCountry Specific Analysis

11
Contact Us
  • Mr. Shah
  • Coherent Market Insights Pvt. LTD.Coherent
    Market Insights 1001 4th Ave, 3200 Seattle, WA
    98154, U.S.Phone 1-206-701-6702
  • Email sales_at_coherentmarketinsights.com

12
Thank You
  • Kindly Follow CMI Social Media Profiles for the
    latest Company Updates.
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  • https//www.coherentmarketinsights.com/
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