Friday, January 5, 2024

Global Pacemakers and Cardiac Resynchronization Therapy Devices Market Research Report 2023

Pacemakers and Cardiac Resynchronization Therapy Devices Market

Global Pacemakers and Cardiac Resynchronization Therapy Devices Market Outlook:

The Global Pacemakers and Cardiac Resynchronization Therapy Devices Market was valued at US$ 11190 million in 2022. It is expected to reach a value of US$ 13890 million by 2029, growing at a CAGR of 3.1% during the forecast period of 2023-2029. North America holds the largest share of this market, accounting for about 49% of the total market. Europe follows closely, holding about 26% of the market share. The top three companies in this market hold about 89% of the total market share. This data shows the significant growth and potential of this market, driven by the increasing demand for effective heart treatment options. However, it's important to note that these figures are subject to change as the market dynamics shift.


Report Metric Details
Report Name Pacemakers and Cardiac Resynchronization Therapy Devices Market
Accounted market size in 2022 US$ 11190 in million
Forecasted market size in 2029 US$ 13890 million
CAGR 3.1%
Base Year 2022
Forecasted years 2023 - 2029
Segment by Type
  • Pacemaker
  • ICD
  • CRT
Segment by Application
  • Bradycardia
  • Tachycardia
  • Heart Failure
  • Others
Consumption by Region
  • North America (United States, Canada)
  • Europe (Germany, France, UK, Italy, Russia)
  • Asia-Pacific (China, Japan, South Korea, Taiwan)
  • Southeast Asia (India)
  • Latin America (Mexico, Brazil)
By Company Medtronic, St. Jude Medical (Abbott), Boston Scientific, Biotronik, MicroPort, Medico, Lepu (Qinming Medical), IMZ, Cardioelectronica, Pacetronix
Forecast units USD million in value
Report coverage Revenue and volume forecast, company share, competitive landscape, growth factors and trends

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