Australia Cardiac Rhythm Management Devices Market Size & Outlook
Australia cardiac rhythm management devices market, 2018-2030 (US$M)
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Australia cardiac rhythm management devices market highlights
- The Australia cardiac rhythm management devices market generated a revenue of USD 553.1 million in 2024 and is expected to reach USD 871.7 million by 2030.
- The Australia market is expected to grow at a CAGR of 7.9% 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.
Cardiac rhythm management devices market data book summary
| Market revenue in 2024 | USD 553.1 million |
| Market revenue in 2030 | USD 871.7 million |
| Growth rate | 7.9% (CAGR from 2024 to 2030) |
| Largest segment | Defibrillators |
| Fastest growing segment | Defibrillators |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 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, Australia accounted for 3.2% of the global cardiac rhythm management devices market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, Japan cardiac rhythm management devices market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 921.0 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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Australia 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 50.06% in 2024. Horizon Databook has segmented the Australia 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.
Cardiovascular diseases, such as AF, Ventricular Tachycardia (VT), and other arrhythmias, are prevalent in Australia. These conditions can lead to adverse health outcomes, including strokes and sudden cardiac death. According to the Australian Institute of Health and Welfare, CVD was the underlying cause of 42,700 deaths (25% of all deaths) in 2021.
As a result, there is a growing demand for EP devices for the diagnosis and management of these cardiac arrhythmias. Furthermore, the South Australian state parliament introduced legislation for mandatory AEDs in public and private buildings, including aged care & retirement villages, shopping centers, commercial properties, and certain residential apartments.
Moreover, the government’s Men’s Sheds defibrillator initiative will ensure that all Men’s Sheds in the country have access to an AED. Hence, initiatives undertaken by the government for the adoption of AEDs are expected to further drive market growth.
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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 country-level data and insights on the Australia cardiac rhythm management devices market, including forecasts for subscribers. This country databook contains high-level insights into Australia cardiac rhythm management devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Australia cardiac rhythm management devices industry size, by product, 2018-2030 (US$M)
Australia Cardiac Rhythm Management Devices Market Share, 2024 & 2030 (US$M)
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