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Global Cardiac Resynchronization Therapy Pacemaker Market 2016-2020

About Cardiac Resynchronization Therapy-pacemaker (CRT-P)

CRT-Ps are an advanced implantable form of conventional pacemakers. They help the heart function efficiently by monitoring its signals and coordinating with the ventricles to contract at the same time. These devices resynchronize the heart's rhythm to improve breathlessness and fatigue, and avoid dizziness and fainting in individuals. Physicians surgically implant the CRT-P under the skin, below the collarbone. They connect the electrical leads through a blood vessel into the heart. Unlike conventional pacemakers, CRT-Ps have two leads: one placed into the right ventricle and the other in the right atrium. An extra lead is implanted on the left side of the heart to stimulate the left ventricle, assisting the heart to pump efficiently.

Technavio’s analysts forecast the global cardiac resynchronization therapy-pacemaker (CRT-P) market to grow at a CAGR of 8.17% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global cardiac resynchronization therapy-pacemaker (CRT-P) market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of CRT-Ps.The market is divided into the following segments based on geography:

  • Americas
  • EMEA
  • APAC
Technavio's report, Global Cardiac Resynchronization Therapy-Pacemaker (CRT-P) Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • BIOTRONIK
  • Boston Scientific
  • LivaNova
  • Medtronic
  • St. Jude Medical
Market driver
  • Implementation of minimally invasive procedures
  • For a full, detailed list, view our report
Market challenge
  • Risk of potential complications
  • For a full, detailed list, view our report
Market trend
  • Popularity of robot-assisted cardiac surgery
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2020 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-Pacemaker (CRT-P) Market 2016-2020

Technavio recognizes the following companies as the key players in the Global Cardiac Resynchronization Therapy-Pacemaker (CRT-P) Market:

BIOTRONIK, Boston Scientific, LivaNova, Medtronic, and St. Jude Medical.

Commenting on the report, an analyst from Technavio’s team said: “Popularity of robot-assisted cardiac surgery is a key trend in the market. Robotic technology provides physicians with a better view of the operative field and easy movement of instruments with precision and control within close-fitting spaces. These surgeries help reduce the duration of hospital stays, facilitating better cost management. These procedures also prevent human errors and ensure improved outcomes, reduced recovery periods, and minimal pain and discomfort.”

According to the report, there is an increase in the incidence of cardiovascular diseases. Cardiovascular diseases such as heart attack, coronary artery disease, cardiomyopathy hypertension, heart arrhythmias, and congenital heart defects can cause heart failures. The incidence of these diseases is rising, with sudden cardiac arrest being the leading cause of death worldwide among people aged above 40.

Further, the report states that there is a high risk of potential complications in the implantation of CRT-Ps. Implantation of CRT-Ps at an advanced age is associated with a high probability of mortality. Some other complications related to CRT-Ps include allergic or physiologic reactions, infections, lead erosion or migration, lead breakage, hematoma or seroma, inaccurate or inability to provide pacing, lead tip deformation, component failure, and inappropriate detections due to diaphragmatic myopotential oversensing.



Companies Mentioned

BIOTRONIK, Boston Scientific, LivaNova, Medtronic, St. Jude Medical

  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
    • Top-vendor offerings
      • Table Product offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
  • Market landscape
    • Market overview
    • Market size and forecast
      • Table Global CRT-P market 2015-2020 ($ millions)
    • Five forces analysis
      • Table Five forces analysis
  • Cost analysis of CRT-Ps and implantation
    • Table Cost comparison of CRT-P and ICD and their implantation
  • Geographical segmentation
    • Table Global CRT-P market segmentation by geography 2015
    • Table Global CRT-P market segmentation by geography 2020
    • Table Global CRT-P market segmentation by geography 2015-2020
    • CRT-P market in Americas
      • Table CRT-P market in Americas 2015-2020 ($ millions)
    • CRT-P market in EMEA
      • Table CRT-P market in EMEA 2015-2020 ($ millions)
    • CRT-P market in APAC
      • Table CRT-P market in APAC 2015-2020 ($ millions)
  • Key leading countries
    • US
      • Table CRT-P market in US 2015-2020 ($ millions)
    • France
      • Table CRT-P market in France 2015-2020 ($ millions)
    • UK
      • Table CRT-P market in UK 2015-2020 ($ millions)
    • Germany
      • Table CRT-P market in Germany 2015-2020 ($ millions)
  • Market drivers
    • Incidence of cardiovascular diseases
    • Government-aided awareness programs
    • Implementation of minimally invasive procedures
    • Demand for CRT-Ps in APAC
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • Presence of alternatives
    • Lack of skilled personnel
    • Risk of potential complications
    • Limitations of CRT-Ps in pediatric patients
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Focus on R&D and clinical trials
    • Popularity of robot-assisted cardiac surgery
    • Focus on leadless CRT-Ps
  • Vendor landscape
    • Competitive scenario
  • Key vendor analysis
    • BIOTRONIK
      • Table BIOTRONIK: Product portfolio
      • Table BIOTRONIK: Key takeaways
    • Boston Scientific
      • Table Boston Scientific: Cardiac rhythm management segmentation by revenue 2015
      • Table Boston Scientific: Cardiac rhythm management segmentation by revenue 2014 and 2015 ($ millions)
      • Table Boston Scientific: Geographical segmentation of cardiac rhythm management by revenue 2015
      • Table Key takeaways: Boston Scientific
    • LivaNova
      • Table LivaNova: Product portfolio
      • Table LivaNova: Key takeaways
    • Medtronic
      • Table Medtronic: Product portfolio
      • Table Key takeaways: Medtronic
    • St. Jude Medical
      • Table St. Jude Medical: Product portfolio
      • Table Key takeaways: St. Jude Medical
  • Appendix
    • List of abbreviations
  • Explore Technavio

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