Cardiac Rhythm Management Devices Market size was valued at USD 17.88 billion in 2024 and is likely to cross USD 38.61 billion by 2037, registering more than 6.1% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of cardiac rhythm management devices is estimated at USD 18.75 billion.
The need for efficient treatment alternatives has increased due to the rising prevalence of cardiovascular disorders, including atrial fibrillation, cardiac arrhythmias, and heart failure. It was observed by National Library of Medicine, that 10,951,403 fatalities due to CVD (heart disease, 16.9% stroke) happened between 2010 and 2022. The aging population, which is more prone to heart-related conditions, has also aided in the cardiac rhythm management devices market growth. The development of the market has also been significantly aided by technological developments. The accuracy and effectiveness of these devices have increased owing to advancements in wireless communication, smart algorithms, and device downsizing. The treatment of cardiac rhythm abnormalities has also been completely transformed by the advent of pacemakers, cardiac resynchronization therapy (CRT) devices, and implantable cardioverter-defibrillators (ICDs).
Author Credits: Radhika Pawar
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