Cardiac Rhythm Management Devices Market size is anticipated to reach USD 31.9 billion by 2030
Cardiac Rhythm Management Devices Industry Overview The global cardiac rhythm management devices market size was valued at USD 18.1 billion in 2021 and is estimated to expand at a compound annual growth rate (CAGR) of 6.5% from 2022 to 2030. Growing prevalence of various cardiovascular diseases, such as arrhythmia and atrial fibrillation, among others. According to the Centers for Disease Control and Prevention (CDC), around 12.1 million people in the U.S. are expected to suffer from atrial fibrillation (AFib) by 2030. Furthermore, various technological advancements related to the market are also anticipated to fuel market growth. The COVID-19 pandemic has impacted all industries, including the market for cardiac rhythm management (CRM) devices. Market players have experienced huge losses in their cardiac rhythm management segments due to the postponement of cardiovascular procedures. For instance, Medtronic experienced a 12% decrease in its cardiac rhythm management...