Latest Breaking News On - Rhythm management devices market size - Page 1 : comparemela.com

Share this article Share this article ResearchAndMarkets.com s offering. The global cardiac rhythm management devices market size is anticipated to reach USD 29.9 billion by 2028 and is expected to expand at a CAGR of 7.4% from 2021 to 2028. The market has shown constant growth in the adoption of cardiac rhythm management (CRM) devices owing to the increasing prevalence of cardiovascular disorders. According to the CDC, as of September 2020, approximately 655,000 Americans die suffering from heart disease every year. The market was negatively impacted during the COVID-19 pandemic, as elective procedures, including the non-essential cardiovascular procedures, were postponed or canceled during the pandemic. Major players in the market, such as Medtronic, Abbott, and Boston Scientific Corporation, incurred huge losses in their cardiac rhythm management business segments globally. This resulted in negative growth of the market in 2020.

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