Cardiac Rhythm Management (CRM) Market Report: 2012 Edition - a new market research report on companiesandmarkets.com
PR-Inside.com: 2014-03-06 18:19:01
The cardiac rhythm management (CRM) market is increasing shifting towards a focus on primary prevention. The development of new pacemakers and technological advancements in ICDs is driving R&D in the cardiac rhythm management market.
Growth in the CRM market is predominantly driven by key factors such as a growing ageing population which is directly linked to the propensity to have increased heart disease. In addition, the rising obesity issues in the developed world and the increased cases of hypertension with high blood pressure is also increasing the risk of heart disease amongst parts of the population which in turn is increasing healthcare expenditure within the CRM market.
The CRM market is segmented into two main sectors including implantable cardioverter defibrillators market or ICDs sector and the implantable pacemakers market. The larger of the two market sectors is the implantable cardioverter defibrillators market or ICD market.
The main players operating in the CRM market are Medtronic, Boston Scientific and St Jude Medical. This report analyses the global CRM market providing key segmentation of the industry and key trends. In addition, the report provides profiles of the leading players in the CRM market.
CRM devices are commonly used for the treatment of heart failure and arrhythmias. A number of key factors influence the development of the market including market demand, innovative products, government regulations and reimbursement policies. Over recent years, the CRM market has seen a slowing growth rate although the development of new technologies and the introduction of MRI pacemakers, subcutaneous ICDs and home automated external defibrillators (AED) is driving increased demand for CRM equipment and services.
Regression models and SPSS data analysis techniques were used to determine the future development of the CRM market.
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