Current Trends and Future Growth of Cardiac Rhythm Management (CRM) Devices Market The global Cardiac Rhythm Management (CRM) Devices Market is estimated to reach USD 33.0 billion by 2026 from USD 17.2 billion in 2017. The market is anticipated to grow at a CAGR of 7.6% during the forecast period.
High cholesterol level, high alcohol consumption, smoking and obesity causes heart diseases. Due to these reasons, approximately 30% of total deaths are caused by cardiovascular diseases across the world. Cardiac rhythm management is a procedure of monitoring the heart function through a device. This device is used to deliver therapeutic solutions to people suffering from cardiac disorders such as cardiac arrests, heart failure, or cardiac arrhythmias. Cardiac ailments are the primary reasons causing irregular heartbeat.
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Increasing patient awareness is considered to be one of the reasons generating lucrative market opportunity for the global Cardiac Rhythm Management (CRM) Devices market. The influence of this factor has affected the market growth significantly in emerging countries, as the usage and the adoption rate for these devices is very low in emerging regions. Currently, there are number of implantable-assisted and novel products available however, the patients and surgeons