The global cardiac rhythm management devices batteries market size is estimated to be at US$ 520.3 Mn in 2023 and is expected to reach US$ 700.7 Mn by 2030, growing at a compound annual growth rate (CAGR) of 4.3% from 2023 to 2030.
The global cardiac rhythm management devices batteries market has been experiencing a phase of steady growth over the past decade, driven by the rising prevalence of cardiac abnormalities worldwide. Cardiac rhythm management (CRM) devices help regulate heartbeat rhythm disorders and include pacemakers, implantable cardioverter defibrillators (ICDs), and cardiac resynchronization therapy devices (CRT-Ds). Powering these implantable and life-saving devices are lithium-ion batteries that require periodic replacement. Advances in battery technology have allowed the development of smaller, longer-lasting batteries, expanding the potential patient pool for CRM devices. Growing geriatric population that is more susceptible to arrhythmias, rising economic ability to afford these devices, and increasing awareness about effective cardiac condition management are the key factors expected to propel the demand for CRM device batteries in the coming years.
Global Cardiac Rhythm Management Devices Batteries Market Trends:
Cardiac Rhythm Management Devices Batteries Market Report Snapshots
Joining thousands of companies around the world committed to making the Excellent Business Solutions.
View All Our Clients