"Global Cardiac Rhythm Management Devices Market 2015-2019" Published

Cardiac rhythm management, a part of electrophysiology, is a field of cardiovascular disease therapy that provides treatment and diagnosis for heart disorders. Cardiac rhythm management devices (including implantable defibrillators and bi ventricular pacemakers) are used to manage heart rhythm problems such as bradycardia and tachycardia.

Rise in cholesterol levels, hypertension, and excessive smoking lead to high risks of cardiac disorders, resulting in the growing need for cardiovascular therapeutic instruments such as CRT devices. Governments and organizations in many countries implement various initiatives to educate and help people to make medical decisions, increase public awareness, and improve the quality of life. Pacemakers, ICDs, and CRT devices are used to treat arrhythmias and are considered as a standard treatment option in many countries.

Technavio's analysts forecast the global cardiac rhythm management devices market to grow at a CAGR of 1.08% over the period 2014-2019.

Commenting on the report, an analyst from Technavio's team said: "The major trend in this market is robotic technology provides physicians with an excellent view of the operative field and the ability to maneuver instruments within close-fitting spaces with precision and control. Robot-assisted surgical procedures help reduce patient hospital stays, facilitating better cost management."

According to the report, one major driver is Incidences of cardiac disorders such as bradycardia, sick sinus syndrome, atrioventricular blocks, ventricular fibrillation, cardiac arrest, and tachycardia have increased globally over the past few years.

Further, the report states that one of the major challenges is the post-surgery complications associated with the implantation of cardiac rhythm management devices include infections, hematoma, inflammation, thrombosis, bleeding, over-sensing, failure to terminate arrhythmia episodes, and bruising.

The key players in the Global Cardiac Rhythm Management Devices Market are Boston Scientific, Medtronic and St. Jude Medical while other prominent vendors include Abbott Laboratories, Adam, Rouilly, Advanced Instrumentations, Altera, Biotronik, Cardiac Science (a subsidiary of Opto Circuits), CardiAid, Cardioline, E&M Electromedicina, EMTEL, Fukuda Denshi, Hagenuk, Instramed, Mediana, Mentice, Medical ECONET, Mindray, Physio Control, Philips Healthcare and Sorin

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

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