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Cardiac Resynchronization Therapy Devices Market in Europe 2015-2019

Cardiac Resynchronization Theapy Devices Market in Europe 2015-2019

About Cardiac Resynchronization Therapy Devices

According to WHO, cardiovascular diseases accounted for more than half of all deaths in the European region. The annual overall cost of cardiovascular diseases in the top five European countries is estimated to be $90.10 billion, of which 54% is attributed to healthcare costs, 24% to loss in productivity, and 22% to informal care.CRT devices are implantable devices that are used to resynchronize contractions of the heart’s ventricles by sending tiny electrical impulses to the muscles of the heart. CRT is an effective therapy for patients suffering from heart failure and arrhythmias.

Technavio's analysts forecast the cardiac resynchronization therapy devices market in Europe to grow at a CAGR of 8.09% over the period 2014-2019.

Covered in this Report

The report includes the present scenario and the growth prospects of the cardiac resynchronization therapy devices market in Europe for the period 2015-2019. The market can be segmented into two: CRT-D devices and CRT-P devices.

Technavio's report, Cardiac Resynchronization Therapy Devices Market in Europe 2015-2019, has been prepared based on in-depth market analysis with inputs from industry experts. The report covers the top seven European countries. The report also includes a discussion of the key vendors operating in this market.Key Countries

  • Benelux
  • France
  • Germany
  • Italy
  • Scandinavian
  • Spain
  • UK
Key Vendors
  • Boston Scientific
  • Medtronic
  • St. Jude Medical
Other Prominent Vendors
  • Biotronik
  • Cook Medical
  • Sorin Group
  • Spectranetics
Key Market Driver
  • Rise in Incidence of Cardiovascular Diseases in Europe
  • For a full, detailed list, view our report
Key Market Challenge
  • High Acceptance of Pacemakers and ICDs
  • For a full, detailed list, view our report
Key Market Trend
  • Focus on R&D
  • For a full, detailed list, view our report
Key Questions Answered in this Report
  • What will the market size be in 2019 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Cardiac Resynchronization Therapy Devices Market in Europe 2015-2019

Technavio recognizes the following companies as the key players in the Cardiac Resynchronization Therapy Devices Market in Europe: Boston Scientific, Medtronic and St. Jude Medical

Other Prominent Vendors in the market are: Biotronik, Cook Medical, Sorin Group and Spectranetics

Commenting on the report, an analyst from Technavio’s team said: “Currently, vendors are focusing on developing innovative CRT devices. To minimize manufacturing costs, companies use advanced technologies and materials to develop efficient devices and deliver better treatments to patients. For instance, Viva CRT-D by Medtronic, which received FDA approval on August 7, 2014, significantly improves response rate of treatment in individuals with heart failure. CRT devices also provide economic benefit through fewer hospitalizations and significantly improve quality of life of patients.”

According to the report, high prevalence of cardiovascular diseases and increased incidence of sudden cardiac attacks have increased the mortality rate in Europe. Government organizations are extensively conducting awareness programs to educate people about the efficient use of cardiovascular devices to prevent death from heart failure. For instance, the European Society of Cardiology, in association with 42 national heart failure working groups, initiated the global heart failure awareness program. The program involves the development of an international consensus paper to educate and help people make decisions, raise awareness of heart failure, and provide treatment to individuals with heart failure.

Further, the report states that complications of CRT in children also hinders market growth.

Companies Mentioned

Boston Scientific, Medtronic, St. Jude Medical, Biotronik, Cook Medical, Sorin Group, Spectranetics

  • Executive Summary
  • List of Abbreviations
  • Scope of the Report
    • Market Overview
    • Product Offerings
  • Market Research Methodology
    • Market Research Process
    • Research Methodology
      • Table Market Research Methodology
  • Introduction
    • Table Factors Contributing to Development of Cardiovascular Diseases
  • Market Landscape
    • Market Overview
    • Market Size and Forecast
      • Table CRT Devices Market in Europe 2014-2019 ($ millions)
    • Five Forces Analysis
  • Market Segmentation by Product
    • Table Segmentation of CRT Devices Market in Europe by Product
    • CRT-D
      • Benefits and Risks of CRT-D
    • CRT-P
      • Benefits and Risks of CRT-P
        • Table Segmentation of CRT Devices Market in Europe by Products 2014
    • CRT-D Market in Europe
      • Market Size and Forecast
        • Table CRT-D Market in Europe 2014-2019 ($ millions)
    • CRT-P Market in Europe
      • Market Size and Forecast
        • Table CRT-P Market in Europe 2014-2019 ($ millions)
        • Table Segmentation of CRT Devices Market in Europe by Product 2014-2019
        • Table Segmentation of CRT Devices Market in Europe by Product 2014-2019 ($ millions)
  • Economic Burden of Cardiovascular Diseases in Europe
    • Healthcare Expenditure in Europe
    • Economic Burden of Cardiovascular Diseases in Top Five European Countries
      • Table Economic Burden of Cardiovascular Diseases in Top Five European Countries 2014
    • Reimbursement Scenario in Europe
      • Table Healthcare Coverage in Top Five European Countries
    • Impact of Group Purchasing Organizations on Vendors
      • Table Change in Reported Average Real Prices of CRT Devices 2008-2013
  • Market Segmentation by Country
    • Table Segmentation of CRT Devices Market in Europe by Country 2014
    • Table Segmentation of CRT-D Market in Europe by Country 2014-2019
    • Table Segmentation of CRT-P Market in Europe by Country 2014-2019
  • CRT Devices Market in Italy
    • Market Size and Forecast
      • Table CRT Devices Market in Italy 2014-2019 ($ millions)
    • CRT-D Market in Italy
      • Market Size and Forecast
        • Table CRT-D Market in Italy 2014-2019 ($ millions)
    • CRT-P Market in Italy
      • Market Size and Forecast
        • Table CRT-P Market in Italy 2014-2019 ($ millions)
        • Table Segmentation of CRT Devices Market in Italy 2014-2019
        • Table Segmentation of CRT Devices Market in Italy 2014-2019 ($ millions)
  • CRT Devices Market in Germany
    • Market Size and Forecast
      • Table CRT Devices Market in Germany 2014-2019 ($ millions)
    • CRT-D Market in Germany
      • Market Size and Forecast
        • Table CRT-D Market in Germany 2014-2019 ($ millions)
    • CRT-P Market in Germany
      • Market Size and Forecast
        • Table CRT-P Market in Germany 2014-2019 ($ millions)
        • Table Segmentation of CRT Devices Market in Germany 2014-2019
        • Table Segmentation of CRT Devices Market in Germany 2014-2019 ($ millions)
  • CRT Devices Market in France
    • Market Size and Forecast
      • Table CRT Devices Market in France 2014-2019 ($ millions)
    • CRT-D Market in France
      • Market Size and Forecast
        • Table CRT-D Market in France 2014-2019 ($ millions)
    • CRT-P Market in France
      • Market Size and Forecast
        • Table CRT-P Market in France 2014-2019 ($ millions)
        • Table Segmentation of CRT Devices Market in France 2014-2019
        • Table Segmentation of CRT Devices Market in France 2014-2019 ($ millions)
  • CRT Devices Market in UK
    • Market Size and Forecast
      • Table CRT Devices Market in UK 2014-2019 ($ millions)
    • CRT-D Market in UK
      • Market Size and Forecast
        • Table CRT-D Market in UK 2014-2019 ($ millions)
    • CRT-P Market in UK
      • Market Size and Forecast
        • Table CRT-P Market in UK 2014-2019 ($ millions)
        • Table Segmentation of CRT Devices Market in UK 2014-2019
        • Table Segmentation of CRT Devices Market in UK 2014-2019 ($ millions)
  • CRT Devices Market in Benelux
    • Market Size and Forecast
      • Table CRT Devices Market in Benelux 2014-2019 ($ millions)
    • CRT-D Market in Benelux
      • Market Size and Forecast
        • Table CRT-D Market in Benelux 2014-2019 ($ millions)
    • CRT-P Market in Benelux
      • Market Size and Forecast
        • Table CRT-P Market in Benelux 2014-2019 ($ millions)
        • Table Segmentation of CRT Devices Market in Benelux 2014-2019
        • Table Segmentation of CRT Devices Market in Benelux 2014-2019 ($ millions)
  • CRT Devices Market in Scandinavia
    • Market Size and Forecast
      • Table CRT Devices Market in Scandinavia 2014-2019 ($ millions)
    • CRT-D Market in Scandinavia
      • Market Size and Forecast
        • Table CRT-D Market in Scandinavia 2014-2019 ($ millions)
    • CRT-P Market in Scandinavia
      • Market Size and Forecast
        • Table CRT-P Market in Scandinavia 2014-2019 ($ millions)
        • Table Segmentation of CRT Devices Market in Scandinavia 2014-2019
        • Table Segmentation of CRT Devices Market in Scandinavia 2014-2019 ($ millions)
  • CRT Devices Market in Spain
    • Market Size and Forecast
      • Table CRT Devices Market in Spain 2014-2019 ($ millions)
    • CRT-D Market in Spain
      • Market Size and Forecast
        • Table CRT-D Market in Spain 2014-2019 ($ millions)
    • CRT-P Market in Spain
      • Market Size and Forecast
        • Table CRT-P Market in Spain 2014-2019 ($ millions)
        • Table Segmentation of CRT Devices Market in Spain 2014-2019
        • Table Segmentation of CRT Devices Market in Spain 2014-2019 ($ millions)
        • Table Snapshot of CRT Devices Market in Europe by Country 2014-2019
  • Buying Criteria
  • Market Growth Drivers
  • Drivers and Their Impact
  • Market Challenges
  • Impact of Drivers and Challenges
  • Market Trends
  • Trends and Their Impact
  • Vendor Landscape
    • Competitive Scenario
      • Key News
      • Mergers and Acquisitions
    • Market Share Analysis 2014
      • Table Key Takeaways: Boston Scientific
      • Table Key Takeaways: Medtronic
      • Table Key Takeaways: St. Jude Medical
    • Other Prominent Vendors
  • Key Vendor Analysis
    • Boston Scientific
      • Key Facts
      • Business Overview
      • Business Segmentation
        • Table Boston Scientific: Business Segmentation
      • Business Segmentation by Revenue 2013
        • Table Boston Scientific: Business Segmentation by Revenue 2013
      • Business Segmentation by Revenue 2012 and 2013
        • Table Boston Scientific: Business Segmentation by Revenue 2012 and 2013 ($ millions)
      • Geographical Segmentation by Revenue 2013
        • Table Boston Scientific: Geographical Segmentation by Revenue 2013
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
    • Medtronic
      • Key Facts
      • Business Overview
      • Business Segmentation
        • Table Medtronic: Business Segmentation
      • Revenue by Business Segmentation
        • Table Medtronic: Revenue by Business Segmentation 2013
      • Revenue Comparison by Business Segmentation 2012 and 2013
        • Table Medtronic: Revenue Comparison by Business Segmentation 2012 and 2013 ($ millions)
      • Revenue by Geographical Segmentation
        • Table Medtronic: Revenue by Geographical Segmentation 2013
      • Business Strategy
      • Key Developments
      • SWOT Analysis
    • St. Jude Medical
      • Key Facts
      • Business Description
      • Business Segmentation
        • Table St. Jude Medical: Business Segmentation
      • Business Strategy
      • Revenue Segmentation by Business
        • Table St. Jude Medical: Revenue by Business Segmentation 2013
      • Revenue by Geographical Segmentation
        • Table St. Jude Medical: Revenue by Geographical Segmentation 2012
      • Key Information
      • SWOT Analysis
  • Other Reports in This Series

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