London, UK (PRWEB) July 09, 2014
The market for cardiac rhythm management devices is expected to be worth USD 20.9 billion by 2017-end, with the growth mainly underpinned by such product types as cardiac pacemakers, cardiac defibrillators and cardiac resynchronisation therapy (CRT). Worldwide, cardiac pacemakers and defibrillators together comprise around 80% of the market share of the cardiac rhythm management devices industry, and these two are expected to continue supporting the sector’s growth in the offing.
In the cardiac defibrillators market, the highest CAGR (11%) is expected from Asia-Pacific through to 2018. Europe is following after with 8.7% CAGR, whilst North America forecast to drive the market growth with a CAGR of just over 8% in the next few years.
The cardiovascular industry is forecast to keep on gaining momentum, supported by the availability of manifold technologies such as advanced materials and software which are featured in the majority of the devices. Overseas companies tend to innovate, develop novel products and improve the existing features in cardiovascular device products.
Topical research study “Cardiac Rhythm Management (CRM) Devices - Global Trends, Estimates and Forecasts, 2012-2018” worked out by Axis Research Mind is now available at MarketPublishers.com.
Title: Cardiac Rhythm Management (CRM) Devices - Global Trends, Estimates and Forecasts, 2012-2018
Published: June, 2014
Price: US$ 4,450.00
The research report examines the hottest trends in the cardiovascular devices market space with an eagle-eyed attempt to disclose its growth prospects over the short run. The report presents an in-depth market segmentation by product types and subtypes, includes an in-depth geographic analysis providing strategic business intelligence for investments in the health care sector, individually assesses the market growth rate in the leading economies such as China, the US, Japan, etc. Over 727 cardiovascular devices market players are identified, out of which 122 top companies that are projected to improve their activities in the short run are profiled in detail. Granular market share information, sales projections and future growth prospects can be found in the report. Additionally, major strategic activities in the market including M&As, collaborations & partnerships, product launches & developments are thoroughly discussed.
More topical research studies by the publisher can be found at Axis Research Mind page.