Spain Cardiac Rhythm Management Devices Market Size & Outlook
Spain cardiac rhythm management devices market, 2018-2030 (US$M)
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Spain cardiac rhythm management devices market highlights
- The Spain cardiac rhythm management devices market generated a revenue of USD 489.4 million in 2024 and is expected to reach USD 731.3 million by 2030.
- The Spain market is expected to grow at a CAGR of 6.9% 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 489.4 million |
| Market revenue in 2030 | USD 731.3 million |
| Growth rate | 6.9% (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, Spain accounted for 2.8% 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 Europe, Germany cardiac rhythm management devices market is projected to lead the regional market in terms of revenue in 2030.
- Italy is the fastest growing regional market in Europe and is projected to reach USD 1,005.4 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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Spain 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 50.88% in 2024. Horizon Databook has segmented the Spain 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.
According to the NCBI, an estimated 750,000 adults in Spain suffer from heart failure, with an annual incidence of 2.78/1000 individuals/year. Furthermore, around 25% of all hospitalizations recorded in the country are due to HF.
In addition, the mortality rate post utilizing Heart Failure (HF) drugs is significantly higher than in other countries; thereby, CRM device manufacturers can readily target the market owing to the device's capability to reduce mortality in HF patients in the country.
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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 Spain cardiac rhythm management devices market, including forecasts for subscribers. This country databook contains high-level insights into Spain cardiac rhythm management devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Spain cardiac rhythm management devices industry size, by product, 2018-2030 (US$M)
Spain Cardiac Rhythm Management Devices Market Share, 2024 & 2030 (US$M)
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