Market Research Trends

The global cardiac rhythm management market is expected to grow at a CAGR of 4% from US$ 22.1 billion in 2021 to US$ 26.8 billion in 2025. The increase in demand for cardiac rhythm management devices and the cardiac rhythm management market as a whole is primarily due to technological advancements. A number of well-known cardiac equipment suppliers are now utilising augmented reality (AR) and virtual reality for staff training (VR). The increased use of information technology in healthcare provides opportunities to prevent the closure of cardiac rhythm management sales during medical emergencies. Sales of cardiac rhythm management devices are expected to be hampered by a lack of awareness about sudden cardiac arrests and the high cost of the devices. As disposable income rises, so will the number of ageing people; technological advancement will drive up demand for cardiac rhythm management. According to research published in 2017 by the US Centers for Disease Control and Preve...

Around 30% of total death worldwide is caused by cardiovascular diseases, of which major part is accounted by heart diseases. The risk factors of heart disease include elevated cholesterol levels, diabetes mellitus, cigarette smoking, obesity and hypertension. Frequency of these factors varies demographically, i.e. on the basis of geography, sex ratio and ethnicity. Ischaemic heart disease, is the leading type of heart disease, and causes 46% of cardiovascular deaths in men and 38% in women. Impact of COVID-19 on the Healthcare Industry The COVID-19 pandemic has caused severe impacts on the global economy at various levels and which can be seen on the Healthcare industry as well. The thriving market of health care research and development is expected to exhibit a steep decline in the sales during the lockdown period owing to the shutdown of the manufacturing units, acute shortage in the supply of raw materials and absence of potential manpower. It can be deduced from the cu...

The Global  Cardiac Rhythm Management Market  is expected to grow at a CAGR of 4% during the forecast year 2022 to 2032 from US$ 22.1 Bn in 2021 to US$ 26.8 Bn in 2025. Around 30% of total death worldwide is caused by cardiovascular diseases, of which major part is accounted by heart diseases. The risk factors of heart disease includes elevated cholesterol levels, diabetes mellitus, cigarette smoking, obesity and hypertension. Frequency of these factors varies demographically, i.e. on the basis of geography, sex ratio and ethnicity. Ischaemic heart disease, is the leading type of heart disease, and causes 46% of cardiovascular deaths in men and 38% in women. Impact of COVID-19 on the Healthcare Industry The COVID-19 pandemic has caused severe impacts on the global economy at various levels and which can be seen on the Healthcare industry as well. The thriving market of health care research and development is expected to exhibit a steep decline in the sales during the...