Cardiac Rhythm Management Market Analysis, Size, Trends | Global | 2016-2022 | MedSuite
- Year: 2016
- Scope: 2012-2022
- Region: Asia-Pacific, Europe, United States
- Published Date: 11/04/2015
- Pages: 920
- Type: MedSuite
The global cardiac rhythm management 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 a while 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.
Over the forecast period, the cardiac rhythm management market will be driven by the aging population and adoption of advanced CRM devices. In the newer markets, particularly leadless pacemakers and subcutaneous ICDs (S-ICDs), continued education is critical to increase cardiologists’ confidence in these types of cardiac devices. Most importantly, since the CRM market is dominated by large players and is quite a mature market, the responsibility lies on the market leaders to convince physicians that new device functionalities are required to improve the overall effectiveness of cardiac procedures.
Report Regional Coverage
Throughout this research series, iData has covered several countries in great detail. Each country may be purchased as a stand-alone report, tailoring the data to your needs. The covered countries are:
- United States
- Europe (5 countries including: Germany, France, U.K., Italy and Spain)
The Only Medical Device Market Research With:
|✔ Unit Sales Growth Analysis
✔ Average Selling Prices
✔ Competitor Shares by Segment & Country
✔ SKU-Level Research Methods
✔ The Lowest Acquisition Cost
Highly Detailed Segmentation
While this report suite contains all applicable cardiac rhythm management market data, each of the market segments are also available as stand alone MedCore reports. This allows you to get access to only the cardiac rhythm management market research that you need. You can view all these included reports and segmentation here:
- Market for ICDs, CRT Devices, Cardiac Leads and Wearable Defibrillators – MedCore
- Market for Pacemakers and Cardiac Resynchronization Therapy Devices – MedCore
Buying these reports together in this suite package will provide you with substantial discounts from the separate prices. Request Pricing to Learn More
Data Types Included
- Unit Sales, Average Selling Prices, Market Value & Growth Trends
- 10 Year Scope and Forecast Range
- Market Drivers & Limiters for Each Segment
- Competitive Analysis with Market Shares for Each Segment
- Recent Mergers & Acquisitions
- Disease Overviews and Demographic Information
- Company Profiles, Product Portfolios and SWOT for Top Competitors
Cardiac Rhythm Management Market Share Insights
Medtronic leads the way in both the United States and European cardiac rhythm management markets. Medtronic has been able to retain their position in the cardiac rhythm management market through brand recognition, strong customer support and a large sales force. The recall of Medtronic’s defibrillation leads in 2007 did not significantly reduce the company’s market share. In 2011, Medtronic left the external defibrillator market through the sale of their Physio-Control division to Bain Capital.
Other major competitors in the market include Biotronik, Boston Scientific, Abbott and the Sorin Group. Certain companies, such as Boston Scientific, also offer a wide range of electrophysiology (EP) and cardiac ablation products and sell them through large distribution networks.
All Companies Analyzed in this Study
UNITED STATES TABLE OF CONTENTSLIST OF FIGURES VLIST OF CHARTS VIIEXECUTIVE SUMMARY 11.1 U.S. CARDIAC RHYTHM MANAGEMENT MARKET 11.2 TREND ANALYSIS 21.3 PACEMAKER MARKET 31.4 IMPLANTABLE CARDIOVERTER DEFIBRILLATOR MARKET 41.5 CARDIAC RESYNCHRONIZATION THERAPY DEVICE MARKET 51.6 CARDIAC LEAD MARKET 61.7 COMPETITIVE ANALYSIS 71.8 LIST OF PROCEDURAL CODES 8RESEARCH METHODOLOGY 92.1 RESEARCH SCOPE 92.2 IDATAS 9-STEP METHODOLOGY 9Step 1: Project Initiation & Team Selection 9Step 2: Prepare Data Systems and Perform Secondary Research 11Step 3: Preparation for Interviews & Questionnaire Design 12Step 4: Performing Primary Research 13Step 5: Research Analysis: Establishing Baseline Estimates 15Step 6: Market Forecast and Analysis 16Step 7: Identify Strategic Opportunities 18Step 8: Final Review and Market Release 19Step 9: Customer Feedback and Market Monitoring 20
U.S. CARDIAC RHYTHM MANAGEMENT MARKET OVERVIEW3.1 INTRODUCTION 213.2 MARKET OVERVIEW 223.3 TREND ANALYSIS 253.4 DRIVERS AND LIMITERS 273.4.1 Market Drivers 273.4.2 Market Limiters 283.5 COMPETITIVE ANALYSIS 303.6 MERGERS AND ACQUISITIONS 32
PACEMAKER MARKET4.1 INTRODUCTION 334.1.1 Single and Dual Chamber Devices 334.1.2 New Technologies 344.1.3 Initial Placement and Replacement of Pacemakers 344.2 MARKET OVERVIEW 364.3 MARKET ANALYSIS AND FORECAST 394.3.1 Total Pacemaker Market 394.3.2 Total Single-Chamber Pacemaker Market 4126.96.36.199 Initial Placement Single-Chamber Pacemaker Market 4188.8.131.52 Replacement Single-Chamber Pacemaker Market 444.3.3 Total Dual-Chamber Pacemaker Market 4184.108.40.206 Initial Placement Dual-Chamber Pacemaker Market 4220.127.116.11 Replacement Dual-Chamber Pacemaker Market 484.3.4 Leadless Pacemaker Market 494.4 PRICE ANALYSIS 514.5 DRIVERS AND LIMITERS 524.5.1 Market Drivers 524.5.2 Market Limiters 534.6 COMPETITIVE ANALYSIS 54
IMPLANTABLE CARDIOVERTER DEFIBRILLATOR MARKET5.1 INTRODUCTION 575.1.1 Cardiac Resynchronization Therapy-Defibrillators 585.2 MARKET OVERVIEW 595.3 MARKET ANALYSIS AND FORECAST 625.3.1 Total ICD Market 625.3.2 Total Single-Chamber ICD Market 618.104.22.168 Initial Placement Single-Chamber ICD Market 622.214.171.124 Replacement Single-Chamber ICD Market 675.3.3 Total Dual-Chamber ICD Market 6126.96.36.199 Initial Placement Dual-Chamber ICD Market 705.3.3.2 Replacement Dual-Chamber ICD Market 715.3.4 S-ICD Market 725.4 DRIVERS AND LIMITERS 745.4.1 Market Drivers 745.4.2 Market Limiters 755.5 COMPETITIVE ANALYSIS 77
CARDIAC RESYNCHRONIZATION THERAPY DEVICE MARKET6.1 INTRODUCTION 816.1.1 Cardiac Resynchronization Therapy-Pacemakers (CRT-Ps) 816.1.2 Cardiac Resynchronization Therapy-Defibrillators (CRT-Ds) 816.2 MARKET OVERVIEW 826.3 MARKET ANALYSIS AND FORECAST 856.3.1 Total CRT Market 856.3.2 Total CRT-P Market 8188.8.131.52 Initial Placement CRT-P Market 8184.108.40.206 Replacement CRT-P Market 906.3.3 Total CRT-D Market 9220.127.116.11 Initial Placement CRT-D Market 918.104.22.168 Replacement CRT-D Market 946.4 DRIVERS AND LIMITERS 956.4.1 Market Drivers 956.4.2 Market Limiters 956.5 COMPETITIVE ANALYSIS 98
CARDIAC LEAD MARKET7.1 INTRODUCTION 1017.1.1 Replacement of Leads 1027.2 MARKET OVERVIEW 1037.3 MARKET ANALYSIS AND FORECAST 1067.3.1 Total Cardiac Lead Market 1067.3.2 Pacing Lead Market 1087.3.3 Defibrillation Lead Market 1107.3.4 LV Lead Market 1127.4 DRIVERS AND LIMITERS 1147.4.1 Market Drivers 1147.4.2 Market Limiters 1147.5 COMPETITIVE ANALYSIS 117
APPENDIX: WEARABLE DEFIBRILLATOR DEVICE MARKET8.1 INTRODUCTION 1218.2 MARKET ANALYSIS 121
ABBREVIATIONSPROCEDURAL CODES 12510.1 LIST OF PROCEDURAL CODES 125
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