Navigation Links
Gains from a Growing Patient Pool for Cardiac Rhythm Management Devices Offset by Lower Product Pricing, Observes Frost & Sullivan

LONDON, Feb. 7, 2013 /PRNewswire/ -- The rising incidence of lifestyle diseases such as diabetes and obesity, an ageing population and the prevalence of cardiovascular diseases such as arrhythmias, heart failure and atrial fibrillation, have expanded the patient pool for cardiac rhythm management (CRM) devices in both Europe and the United States.

The larger market, however, does not translate to higher revenues, as there is considerable pressure on manufacturers to reduce the cost of all pacemakers, implantable cardioverter defibrillators (ICDs) and cardiac resynchronisation therapy (CRT) devices.

New analysis from Frost & Sullivan (, Western European and U.S. Cardiac Rhythm Management Devices Market, finds that the European and U.S. markets together earned revenues of $8.69 billion in 2011 and estimates this to reach $8.72 million in 2016.

"CRM device manufacturers have managed to stay afloat in this market through continuous product upgrades and technological advancements," says Frost & Sullivan Research Analyst Brahadeesh Chandrasekaran. "Companies that launch an innovative product that addresses end-user concerns will gain significant first-mover advantage."

A segment that has benefited substantially from technology improvements, especially in imaging techniques, is catheter ablation. It is one of the fastest growing segments in the CRM devices market and is considered a safe and effective treatment method for most arrhythmias.

About 25% of electrophysiologists spend their time performing catheter ablation. While this bodes well for the catheter ablation segment, it lowers the adoption of other cardiac devices such as ICDs.

Between Western Europe and the United States, the latter is the larger CRM market in terms of revenue and unit shipments. Overall, both these regions are the largest sales and revenue contributors to the global market.

"However, as the CRM markets in both these regions are consolidated, it is difficult for new or small companies to compete effectively," notes Chandrasekaran. "International companies can penetrate the European CRM market by establishing partnerships and alliances to distribute or increase their product lines."

Healthcare settings are looking for one-stop shops for all their required products and services. Most companies are responding to this demand to gain new customers or retain shares in an intensely competitive market.

If you are interested in more information on this research, please send an email to Anna Zanchi , Corporate Communications, at

Western European and U.S. Cardiac Rhythm Management Devices Market is part of the Medical Devices Growth Partnership Services program, which also includes research in the following markets: U.S. and Western European Cardiac Rhythm Management, Western European Dental Implants Market, Medical Device Industry – Recovering from Recession, European Orthopaedic Devices Market Outlook. All research services included in subscriptions provide detailed market opportunities and industry trends evaluated following extensive interviews with market participants.

About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants.

Our "Growth Partnership" supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.

  • The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including: research, analysis, strategy, vision, innovation and implementation.
  • The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360 degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.

For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organisation prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?

Contact Us:     Start the discussion
Join Us:           Join our community
Subscribe:       Newsletter on "the next big thing"
Register:         Gain access to visionary innovation

Anna Zanchi
Corporate Communications – Europe
P: +39.02.4851 6133

SOURCE Frost & Sullivan
Copyright©2012 PR Newswire.
All rights reserved

Related medicine technology :

1. Inherited Orphan Blood Disorders Therapeutics Market to 2019 - Breakthrough Drugs Remain Elusive Against Backdrop of High Unmet Need
2. Robbins Arroyo LLP Announces the Filing of a Securities Fraud Class Action Lawsuit Against Hemispherx Biopharma, Inc.
3. Barrack, Rodos & Bacine Files Class Action Lawsuit Against St. Jude Medical, Inc.
4. Suture Express Files Antitrust Lawsuit Against Cardinal Health and Owens & Minor
5. Bernstein Liebhard LLP Announces That A Class Action Has Been Filed Against Abiomed, Inc.
6. Robbins Umeda LLP Announces the Filing of a Securities Fraud Class Action Lawsuit Against Abiomed, Inc.
7. Modified Citrus Pectin Protects Against Vascular Hardening
8. Novo Nordisk Supports Four San Francisco-based Organizations In Fight Against Diabetes
9. The Princess Margaret BMT Program Chooses Remedy Informatics Blood and Marrow Transplant & Cell Therapy Solutions to Power their fight Against Cancer
10. Pisgah Laboratories, Inc. Scores a Triple Play in the World Series Against Prescription Drug Abuse
11. Missouris PSE Blocking Technology Leading To Progress In Battle Against Meth
Post Your Comments:
(Date:10/2/2017)... Mich. , Oct. 2, 2017 Diplomat ... 8th Day Software and Consulting, LLC , and ... 8th Day Software, based in Tennessee ... LLC. 8th Day expands EnvoyHealth,s service offerings for health ... development. "In an ...
(Date:9/28/2017)... CHICAGO , Sept. 28, 2017 Hill-Rom ... quarter 2017 earnings conference call and webcast on Friday, ... 8:00 a.m. (EDT) and ending at approximately 8:30 a.m. ... to discussing the company,s 2017 financial performance and guidance ... growth opportunities, initiatives to enhance operational performance, and long-range ...
(Date:9/25/2017)... PROVIDENCE, R.I. , Sept. 25, 2017 /PRNewswire/ ... immunogenicity assessment, vaccine design, and immune-engineering today announced ... focused on the development of personalized therapeutic cancer ... and has provided exclusive access to enabling technologies ... MSc Eng., MBA will lead EpiVax Oncology as ...
Breaking Medicine Technology:
(Date:10/13/2017)... (PRWEB) , ... October 13, 2017 , ... ... established the certification process to promote standards of excellence for the field of ... scheduled for March 22 – 25, 2018 in Orlando, Florida at the Omni ...
(Date:10/13/2017)... ... October 13, 2017 , ... Many families have long-term insurance that covers care ... have a waiver for care if the client has a cognitive impairment diagnosis. ... for care, is often waived, so the benefits from their insurance start immediately,” said ...
(Date:10/13/2017)... ... October 13, 2017 , ... Talented host, actor Rob Lowe, ... in a new episode of "Success Files," which is an award-winning educational program ... investigates each subject in-depth with passion and integrity. , Sciatica occurs when the ...
(Date:10/12/2017)... ... October 12, 2017 , ... ... treating sleep apnea using cutting-edge Oventus O2Vent technology. As many as ... disorder characterized by frequent cessation in breathing. Oral appliances can offer significant relief ...
(Date:10/12/2017)... ... , ... Asante, a nationally recognized health system in southern ... home health joint venture through an agreement, effective October 1, 2017, to create ... health company with Asante, delivering clinically integrated care, for the past eight years. ...
Breaking Medicine News(10 mins):