Italy Cardiac Resynchronization Therapy Market Size & Outlook
Italy cardiac resynchronization therapy market, 2018-2030 (US$M)
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Italy cardiac resynchronization therapy market highlights
- The Italy cardiac resynchronization therapy market generated a revenue of USD 163.7 million in 2023 and is expected to reach USD 256.8 million by 2030.
- The Italy market is expected to grow at a CAGR of 6.6% from 2024 to 2030.
- In terms of segment, crt-defibrillator was the largest revenue generating product in 2023.
- CRT-Pacemaker is the most lucrative product segment registering the fastest growth during the forecast period.
Cardiac resynchronization therapy market data book summary
| Market revenue in 2023 | USD 163.7 million |
| Market revenue in 2030 | USD 256.8 million |
| Growth rate | 6.6% (CAGR from 2023 to 2030) |
| Largest segment | Crt-defibrillator |
| Fastest growing segment | CRT-Pacemaker |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | CRT-Defibrillator, CRT-Pacemaker |
| Key market players worldwide | Medtronic PLC, Abbott Laboratories, Boston Scientific Corp, BIOTRONIK, MicroPort Scientific Corp, LivaNova PLC |
Other key industry trends
- In terms of revenue, Italy accounted for 3.7% of the global cardiac resynchronization therapy market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany cardiac resynchronization therapy market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 281.8 million by 2030.
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Cardiac Resynchronization Therapy Market Scope
Cardiac Resynchronization Therapy Market Companies
| Name | Profile | # Employees | HQ | Website |
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Italy cardiac resynchronization therapy market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to cardiac resynchronization therapy market will help companies and investors design strategic landscapes.
Crt-defibrillator was the largest segment with a revenue share of 68.48% in 2023. Horizon Databook has segmented the Italy cardiac resynchronization therapy market based on crt-defibrillator, crt-pacemaker covering the revenue growth of each sub-segment from 2018 to 2030.
As per a 2018 Europace study, cardiac resynchronization therapy defibrillators dominated the Spanish CRT implants with a share of over 90%. However, the penetration of CRT-Ps was also estimated to increase over time. In December 2018, Biotronik launched a multicenter CRT-Next study, which involved patient enrollment in Italy.
It was the first clinical trial in the area of implantable devices, which was promoted by a non-profit association in the country. Such partnerships & initiatives by key market players are driving use of CRT implants, which is estimated to propel market growth over the forecast period.
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Horizon Databook provides a detailed overview of country-level data and insights on the Italy cardiac resynchronization therapy market , including forecasts for subscribers. This country databook contains high-level insights into Italy cardiac resynchronization therapy market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Italy cardiac resynchronization therapy market size, by product, 2018-2030 (US$M)
Italy Cardiac Resynchronization Therapy Market Outlook Share, 2023 & 2030 (US$M)
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