North America Cardiac Resynchronization Therapy Market Size & Outlook
North America cardiac resynchronization therapy market, 2018-2030 (US$M)
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North America cardiac resynchronization therapy market highlights
- The North America cardiac resynchronization therapy market generated a revenue of USD 2,303.7 million in 2023.
- The market is expected to grow at a CAGR of 5.6% 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.
- Country-wise, Canada is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 2,303.7 million |
| Market revenue in 2030 | USD 3,368.9 million |
| Growth rate | 5.6% (CAGR from 2023 to 2030) |
| Largest segment | Crt-defibrillator |
| Fastest growing segment | CRT-Pacemaker |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 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, North America region accounted for 51.7% of the global cardiac resynchronization therapy market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,229.3 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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North America 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 50.72% in 2023. Horizon Databook has segmented the North America cardiac resynchronization therapy market based on crt-defibrillator, crt-pacemaker covering the revenue growth of each sub-segment from 2018 to 2030.
North America is expected to dominate the CRT market during the forecast period due to its increasing geriatric population and growing regulatory approvals. Physical inactivity due to a sedentary lifestyle can increase the risk of developing chronic cardiac conditions, which may fuel the need for cardiovascular care.
In addition, several medical devices vendors present in this region are involved in providing cardiovascular care globally. These companies are focused on launching new and advanced products, including features such as miniaturization & increased battery life, which is anticipated to further drive market growth.
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Our clientele includes a mix of cardiac resynchronization therapy market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America cardiac resynchronization therapy market , including forecasts for subscribers. This continent databook contains high-level insights into North America cardiac resynchronization therapy market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America cardiac resynchronization therapy market size, by country, 2018-2030 (US$M)
North America Cardiac Resynchronization Therapy Market Outlook Share, 2023 & 2030 (US$M)
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