Global Cardiac Resynchronization Therapy Devices Industry Anticipates Positive Growth between 2022-2028
Posted On March 11, 2022
The report provided by Value Market Research indicates that the Global Cardiac Resynchronization Therapy Devices Market value is likely to grow at an incremental rate during 2022-2028. The growth of cardiac resynchronization therapy devices is driven by the rising global burden of cardiovascular diseases. Cardiovascular disease is the leading cause of death worldwide, killing an estimated 17.9 million people per year. As a therapeutic strategy to relieve symptoms, many advancements are being developed, including the development of epicardial and endocardial leads, a screw-in lead, improvements in lead material and tip form, a steroid-eluting lead, and the extension of battery life. The increasing life expectancy and availability of health insurance are expected to speed up the treatment process, increasing demand for CRT equipment. However, the high cost of surgery associated with CRT device implants is expected to limit market expansion.
Cardiac resynchronization therapy devices are small electronic devices placed beneath the skin to assist both ventricles in the contract simultaneously. This gadget punctuates the heart with electrical pulses, causing it to beat usually. Pacemakers are another name for them. CRT devices aid cardiac patients by boosting blood flow and enhancing heart efficiency. The pacemaker causes the ventricles to contract more coordinated, resulting in better blood pumping out of the heart.
The report "Global Cardiac Resynchronization Therapy Devices Market Report By Product (Cardiac Resynchronization Therapy Pacemakers (CRT-P), Cardiac Resynchronization Therapy Defibrillators (CRT-D) And By Regions - Industry Trends, Size, Share, Growth, Estimation And Forecast, 2021-2028" provides an overview of the market and a concise summary of the report before delving into a complete revenue analysis segmented by segments and countries in the following chapters. The report analysis the industry and identifies the leading market drivers, market restraints, opportunities and prominent threats in the near future.
The global Cardiac Resynchronization Therapy Devices market is classified into the following segments:
By Product, the Cardiac Resynchronization Therapy Devices market is divided into: Cardiac Resynchronization Therapy Pacemakers (CRT-P), Cardiac Resynchronization Therapy Defibrillators (CRT-D).
The report finds the leading region likely to dominate the market over the next six years among all the regions analysed. The report includes extensive research on North America, Europe, Latin America, the Middle East and Africa.
Players Profiled In the Report:
- Abbott Laboratories
- St. Jude Medical
- LivaNova Plc
- Boston Scientific
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