Market Research Logo

Global Cardiac Resynchronization Therapy (CRT) Devices Market 2015-2019

Global Cardiac Resynchronization Therapy (CRT) Devices Market 2015-2019

About Cardiac Resynchronization Therapy Devices

According to the WHO, cardiovascular disease is one of the leading cause of death worldwide. It is estimated that around 17.5 million people died from cardiovascular disease, which accounted for 31% of all global deaths in 2012. Cardiovascular disease can be prevented by addressing behavioral risks such as obesity, cigarette smoking, and an unhealthy diet.

CRT device is an implantable medical device that are used to resynchronize the contractions of the heart’s ventricles by sending tiny electrical impulses to the heart muscle, to pump the blood more efficiently.

Technavio's analysts forecast the global cardiac resynchronization therapy devices market to grow at a CAGR of 8.40% over the period 2014-2019.

Covered in this Report

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

Technavio's report, Global Cardiac Resynchronization Therapy Devices Market 2015-2019, has been prepared based on in-depth market analysis with inputs from industry experts. The report covers the Americas, APAC, and EMEA; it also covers the market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors.Key Regions

  • Americas
  • APAC
  • EMEA
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
  • 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
  • Focusing 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 – Global Cardiac Resynchronization Therapy (CRT) Devices Market 2015-2019

Technavio recognizes the following companies as the key players in the Global Cardiac Resynchronization Therapy (CRT) Devices Market: 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: “The CRT devices industry is focusing on developing innovative devices. The industry aims to minimize the manufacturing costs and materials used to provide efficient and useful devices that deliver tailored treatments to patients. For instance, Medtronic received FDA approval for its Viva CRT-D, which significantly improves the response rate for the treatment and provides economic benefits by reducing the number of hospitalizations.”

According to the report, according to WHO, cardiovascular diseases are the leading cause of death worldwide and accounted for 31% of all deaths in 2012. Stroke is also expected to be the second-leading cause of death in Europe by 2030, and it will be the primary cause of the increase in disability-adjusted years of life lost during the same period. Stroke and other cardiovascular diseases are expected to rise as the world's population ages. In addition, the increase in tobacco consumption and obesity are the major factors contributing to the rise in cardiovascular diseases. According to WHO, the prevalence of tobacco use is high in Europe. Therefore, a rise in the incidence of cardiovascular disease in Europe is expected to drive the market during the forecast period.

Further, the report states that as the increased acceptance of pacemakers and ICDs will hamper the growth of the market.

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 Cardiovascular Diseases: Causes
  • Market Landscape
    • Market Overview
    • Market Size and Forecast
      • Table Global CRT Devices Market 2014-2019 ($ millions)
    • Five Forces Analysis
  • Market Segmentation by Product
    • Table Segmentation of Global CRT Devices by Product
    • CRT-D Devices
    • CRT-P Devices
      • Table Segmentation of Global CRT Devices Market by Product 2014
    • Global CRT-D Devices Market
      • Market Size and Forecast
        • Table Global CRT-D Devices Market 2014-2019 ($ millions)
    • Global CRT-P Devices Market
      • Market Size and Forecast
        • Table Global CRT-P Devices Market 2014-2019 ($ millions)
        • Table Segmentation of Global CRT Devices by Product 2014-2019
        • Table Segmentation of Global CRT Devices by Product 2014-2019 ($ millions)
  • Geographical Segmentation
    • Table Segmentation of Global CRT Devices Market by Geography 2014
  • CRT Devices Market in Americas
    • Market Size and Forecast
      • Table CRT Devices Market in Americas 2014-2019 ($ millions)
    • CRT-D Devices Market in Americas
      • Market Size and Forecast
        • Table CRT-D Devices Market in Americas 2014-2019 ($ millions)
    • CRT-P Devices Market in Americas
      • Market Size and Forecast
        • Table CRT-P Devices Market in Americas 2014-2019 ($ millions)
        • Table Segmentation of CRT Devices in Americas by Product 2014-2019
        • Table Segmentation of CRT Devices in Americas by Product 2014-2019 ($ millions)
  • CRT Devices Market in EMEA
    • Table Segmentation of Costs Associated with Cardiovascular Diseases in Top Five European Countries 2014
    • Table Healthcare Coverage in Top European Union Countries 2011
    • Market Size and Forecast
      • Table CRT Devices Market in EMEA 2014-2019 ($ millions)
    • CRT-D Devices Market in EMEA
      • Market Size and Forecast
        • Table CRT-D Devices Market in EMEA 2014-2019 ($ millions)
    • CRT-P Devices Market in EMEA
      • Market Size and Forecast
        • Table CRT-P Devices Market in EMEA 2014-2019 ($ millions)
        • Table Segmentation of CRT Devices in EMEA by Product 2014-2019
        • Table Segmentation of CRT Devices in EMEA by Product 2014-2019 ($ millions)
  • CRT Devices Market in APAC
    • Market Size and Forecast
      • Table CRT Devices Market in APAC 2014-2019 ($ millions)
    • CRT-D Devices Market in APAC
      • Market Size and Forecast
        • Table CRT-D Devices Market in APAC 2014-2019 ($ millions)
    • CRT-P Devices Market in APAC
      • Market Size and Forecast
        • Table CRT-P Devices Market in APAC 2014-2019 ($ millions)
        • Table Segmentation of CRT Devices in APAC by Product 2014-2019
        • Table Segmentation of CRT Devices in APAC 2014-2019 by Product ($ millions)
        • Table Geographical Segmentation of Global CRT Devices Market 2014-2019
        • Table Geographical Segmentation of Global CRT Devices Market 2014-2019 ($ millions)
  • 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

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report