Cardiac Resynchronization Therapy (CRT) Market to Reach $8.8 Billion by 2025, with Medtronic, BIOTRONIK, LivaNova, St. Jude Medical & Boston Scientific Dominating - Research and Markets

DUBLIN--()--Research and Markets has announced the addition of the "Cardiac Resynchronization Therapy (CRT) Market (2014-2025)" report to their offering.

The global cardiac resynchronization therapy (CRT) market is expected to reach USD 8.8 billion by 2025. Increasing prevalence of cardiac disorders and rising incidences of heart failure are expected to boost the CRT market growth over the forecast period.

According to statistics published by the Sudden Cardiac Arrest Foundation, about 6.0 million people within the U.S. region suffer from cardiac disorders, of which 0.8 million are affected by atrioventricular block leading to cardiac failure. Such a huge number leads to an increased cost of about USD 20-56 billion annually. CRT devices are being predominantly used to prevent the surgical cost and readmission rate in hospitals, thereby propelling its growth.

In addition, the on-going research to develop smaller, wireless/leadless and long-lasting CRT devices is expected to be a vital impact rendering driver. For instance, in September 2016, EBR Systems Inc., announced that it had attained the FDA Investigational Device Exemption (IDE) consent for their Wireless Stimulation Endocardially (WiSE) technology in the U.S.

This technology is capable of stimulating the left ventricle internally leading to superior performance in comparison to devices with pacing systems placed near the collar bone. The study is expected to be started by mid-2017 with complete support by the FDA in terms of regulatory compliance, and financial aid.

Key Topics Covered:

1 Research Methodology

2 Executive Summary

3 CRT Market Variables, Trends, & Scope

4 CRT Market: Product Estimates & Trend Analysis

5 CRT Market: Regional Estimates & Trend Analysis, By Product

6 Competitive Landscape

Companies Mentioned:

  • Medtronic Plc.
  • St. Jude Medical
  • Boston Scientific
  • BIOTRONIK
  • LivaNova Plc

For more information about this report visit http://www.researchandmarkets.com/research/zb6td2/cardiac

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Related Topics: Cardiology

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Cardiology