Cardiac rhythm management (CRM) is a
well established segment of the cardiology devices market. CRM devices are
commonly used for the treatment of arrhythmias and heart failure. Factors like
market demand, innovative products, government regulations and reimbursement
policies influence the CRM market. The market is facing slowdown in sales but
with the technological advancements such as introduction of MRI pacemakers,
subcutaneous ICDs, and home automated external defibrillators (AEDs), the
market is expected to bounce back.
To
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CRM market is mainly bifurcated into
two segments viz. Implantable Cardioverter Defibrillators (ICD) market and
Implantable Pacemakers market. For the past several years, pacemakers and ICDs
have become a common therapy given to patients who are suffering from cardiac
rhythm abnormalities. ICD segment of the CRM market is the larger segment in
comparison with pacemaker. The sales of both the segments are likely to
increase resulting in improvement in the overall Cardiac Rhythm Management
market.
The present report offers a
comprehensive analysis of the worldwide cardiac rhythm management market. The
competition in the global CRM market is intense with few large players viz.
Medtronic, Boston Scientific and St. Jude Medical. The competitive landscape
the global and regional CRM markets, along with the company profiles of the
leading players are discussed in detail.
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