Global Cardiac Resynchronization Therapy Market estimated value registering a substantial CAGR of 6.28% in the forecast period of 2019-2026
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Global cardiac resynchronization therapy market is expected to rise to an estimated value registering a substantial CAGR of 6.28% in the forecast period of 2019-2026. Increasing investment in resynchronization therapy and rising prevalence for wireless CRT are the major factors for the growth of this market.
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Market Drivers
- Rising geriatric population worldwide is driving the market growth
- Technological advancement and development in cardiac resynchronization therapy is driving the growth of the market
- Increasing cases of heart attacks among population is another important factor driving the market growth
- Growing investment in cardiac resynchronization therapy is important factor driving the growth of this market
Market Restraints
- Risk associated with the surgical site infection is another factor restraining the market growth.
- High sensitivity of the device is restraining the market growth
By Geography:
- North America
- South America
- Europe
- Asia-Pacific
- Middle East and Africa
By Type
- Cardiac Resynchronization Therapy Defibrillators
- Cardiac Resynchronization Therapy Pacemakers
By End- Users
- Hospitals & Cardiac Centers
- Ambulatory Surgery Centers
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Leading Key Players:
Few of the major competitors currently working in the global cardiac resynchronization therapy market are Medtronic, Abbott, Boston Scientific Corporation, Biotronik, MEDICO S.p.A., MicroPort Scientific Corporation, LivaNova PLC, Johnson & Johnson Services, Inc., Cook, Merit Medical Systems, Rodman Media., Aetna Inc., Elkem Silicones, BG Medicine, Inc., and others
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