Asia Pacific Cardiac Rhythm Management Devices Market Size & Outlook
Asia Pacific cardiac rhythm management devices market, 2018-2030 (US$M)
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Asia Pacific cardiac rhythm management devices market highlights
- The Asia Pacific cardiac rhythm management devices market generated a revenue of USD 3,566.2 million in 2024.
- The market is expected to grow at a CAGR of 7.6% from 2025 to 2030.
- In terms of segment, defibrillators was the largest revenue generating product in 2024.
- Defibrillators is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2025 to 2030.
Asia Pacific data book summary
| Market revenue in 2024 | USD 3,566.2 million |
| Market revenue in 2030 | USD 5,537.4 million |
| Growth rate | 7.6% (CAGR from 2024 to 2030) |
| Largest segment | Defibrillators |
| Fastest growing segment | Defibrillators |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Pacemakers, Defibrillators, Cardiac Resynchronization Therapy (CRT) |
| Key market players worldwide | Stryker Corp, BIOTRONIK, SCHILLER, Medtronic PLC, Abbott Laboratories, Koninklijke Philips NV, ZOLL Medical Corporation, Boston Scientific Corp, LivaNova PLC, Progetti Medical |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 20.8% of the global cardiac rhythm management devices market in 2024.
- 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 5,537.4 million by 2030.
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Cardiac Rhythm Management Devices Market Scope
Cardiac Rhythm Management Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific cardiac rhythm management devices 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 rhythm management devices market will help companies and investors design strategic landscapes.
Defibrillators was the largest segment with a revenue share of 49.58% in 2024. Horizon Databook has segmented the Asia Pacific cardiac rhythm management devices market based on pacemakers, defibrillators, cardiac resynchronization therapy (crt) covering the revenue growth of each sub-segment from 2018 to 2030.
The Asia Pacific region is expected to grow at the fastest rate during the forecast period. The increase in R&D investments by international bodies such as the China Cardiovascular Association and the American College of Cardiology collaborating to advance cardiac care technologies is one of the reasons behind this.
Even though developed Asian economies are still behind OECD countries in combating the causes of CVDs, including tobacco consumption, the rise in awareness initiatives, like Japan's smoke-free policy for the 2020 Olympic Games, is anticipated to spur growth. Another major factor driving the market growth is the rising elderly population in the Asia Pacific region.
According to the United Nations Economic and Social Commission for Asia and the Pacific, in 2023, approximately 697 million individuals aged 60 years or older are living in Asia and the Pacific region, constituting approximately 60% of the global older population.
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Our clientele includes a mix of cardiac rhythm management devices 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 Asia Pacific cardiac rhythm management devices market, including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific cardiac rhythm management devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific cardiac rhythm management devices industry size, by country, 2018-2030 (US$M)
Asia Pacific Cardiac Rhythm Management Devices Market Share, 2024 & 2030 (US$M)
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