Cardiac Rhythm Management Devices – Market Insights – Europe
The global COVID-19 pandemic had a negative impact on European CRM procedure volumes and market growth in 2020; however, following a period of recovery, the European CRM device market will grow modestly through 2031. Growth in market revenue will be driven by increasing adoption of premium-priced devices such as MRI-conditional devices, leadless pacemakers, and S-ICDs. However, increasing competition in the leadless pacemaker and S-ICD markets will put downward pressure on prices and consequently limit growth to some extent.
This Medtech 360 Report provides comprehensive data and analysis on the state of the European CRM device market from 2019 through 2031.
The COVID-19 pandemic has negatively impacted the European CRM device market.
What factors contributed to the impact on the CRM device market?
To what degree did the pandemic affect different CRM device segments and how have they recovered?
What impact has the pandemic had on ongoing clinical trials and how does it affect the outlook for the market?
How has the pandemic impacted the adoption of new, innovative technologies such as leadless pacemakers?
A number of competitors are expected to launch leadless pacemakers during the forecast period.
Which major competitors are developing leadless pacemakers?
How will entry of multiple competitors in this segment affect the outlook for this market?
Incremental device improvements affect ASPs and the competitiveness of a company's CRM portfolio.
How will incremental improvements like remote monitoring and extended battery life provide a competitive edge?
How have innovative features changed the market share dynamics of competitors in the CRM market? Which device segments can expect shifts in market share dynamics over the forecast period?
A number of segments in the European CRM device market are saturated and will remain relatively flat through 2031.
Which segments are saturated, and which segments continue to see dynamic growth?
What are the major reasons for the relatively slower growth in procedure volumes in some segments?
What factors will create pricing pressures, and to what extent will price erosion impact market growth?
Countries with better economic conditions and reimbursement will drive the overall CRM market.
Which countries will drive growth in the overall European CRM device market?
How will difference in economic conditions and reimbursement impact the CRM device market in specific countries?
Table of contents
- Cardiac Rhythm Management Devices - Market Insights - Europe
- Abstract
- Executive Summary
- COVID-19 Updates
- Market Highlights
- CRM Device Market, by Product Type, Europe (USD), 2019u20132031
- CRM Device Market Landscape, Europe (USD), 2020 and 2031
- Competitive Highlights
- CRM Device Revenue Market Share Rankings, by Product Type, Europe, 2021
- Competitive Insights
- Companies Mentioned
- Market Developments
- Recent Events in the CRM Device Market, Europe
- Key Clinical Trials in the CRM Device Market, Europe
- Emerging Products for the CRM Device Market, Europe
- Geographies Covered
- Geographies Covered, Europe
- Average Currency Exchange Rates
- Procedures Covered
- CRM Procedures Covered, Europe
- Products Covered
- CRM Products Covered, Europe
- COVID-19 Updates
- Key Report Updates
- COVID-19 Analysis
- Market Impact
- COVID-19 Impact Assessment Summary, Cardiac Rhythm Management Device Market, Europe
- Major Market Forecast Changes and Assumptions
- CRM Device Market, by Product Type, Europe (USD), 2019u20132031 (Excluding COVID-19 Impact)
- CRM Device Market, by Product Type, Europe (USD), 2019u20132031 (Including COVID-19 Impact)
- Competitive Impact
- COVID-19 Competitive Factors and Strategies, Cardiac Rhythm Management Device Market, Europe
- COVID-19 Financial Impact and Competitor Insights
- Market Impact
- Cardiac Rhythm Management Device Market
- Market Highlights
- Key Content Updates
- European Cardiac Rhythm Management Device Market Drivers
- European Cardiac Rhythm Management Device Market Limiters
- CRM Device Market, by Product Type, Europe (USD), 2019u20132031
- CRM Device Market, by Country, Europe (USD), 2019u20132031
- Market Definitions
- Market Forecast Data
- CRM Device Procedures, by Product Type, Europe, 2019u20132031
- CRM Device Procedures, by Country, Europe, 2019u20132031
- Pulse Generator Procedures, by Procedure Type, Europe, 2019u20132031
- Pulse Generator Procedures, by Country, Europe, 2019u20132031
- CRM Device Market, by Product Type, Europe (USD and EUR), 2019u20132031
- CRM Device Market Growth, by Product Type, Europe, 2020u20132031
- CRM Device Market, by Country, Europe (USD, EUR, and GBP), 2019u20132031
- Pulse Generator Market, by Product Type, Europe (USD and EUR), 2019u20132031
- Pulse Generator Market Growth, by Product Type, Europe, 2020u20132031
- Pulse Generator Market, by Country, Europe (USD, EUR, and GBP), 2019u20132031
- S-ICD Market, by Product Type, Europe (USD and EUR), 2019u20132031
- S-ICD Market, by Country, Europe (USD, EUR, and GBP), 2019u20132031
- CRM Device Procedures, by Product Type, France, 2019u20132031
- CRM Device Market, by Product Type, France (USD and EUR), 2019u20132031
- CRM Device Market Growth, by Product Type, France, 2020u20132031
- CRM Device Procedures, by Product Type, Germany, 2019u20132031
- CRM Device Market, by Product Type, Germany (USD and EUR), 2019u20132031
- CRM Device Market Growth, by Product Type, Germany, 2020u20132031
- CRM Device Procedures, by Product Type, Italy, 2019u20132031
- CRM Device Market, by Product Type, Italy (USD and EUR), 2019u20132031
- CRM Device Market Growth, by Product Type, Italy, 2020u20132031
- CRM Device Procedures, by Product Type, Spain, 2019u20132031
- CRM Device Market, by Product Type, Spain (USD and EUR), 2019u20132031
- CRM Device Market Growth, by Product Type, Spain, 2020u20132031
- CRM Device Procedures, by Product Type, UK, 2019u20132031
- CRM Device Market, by Product Type, UKu00a0(USD, EUR and GBP), 2019u20132031
- CRM Device Market Growth, by Product Type, UK, 2020u20132031
- Competitive Insights
- Medtronic Competitive Insights
- Abbott Laboratories Competitive Insights
- Boston Scientific Competitive Insights
- Competitive Insights for Other Key Competitors
- Market Shares
- CRM Device Revenue Market Shares, Europe, 2021
- CRM Device Revenue Market Shares, by Product Type, Europe, 2021
- CRM Device Revenue Market Shares, by Country, Europe, 2021
- Pulse Generator Revenue Market Shares, by Product Type, Europe, 2021
- Pulse Generator Revenue Market Shares, by Country, Europe, 2021
- Market Developments
- Recent Events in the CRM Device Market, Europe
- Key Clinical Trials in the CRM Device Market, Europe
- Emerging Products for the CRM Device Market, Europe
- Market Highlights
- Pacemaker Market
- Market Highlights
- Key Content Updates
- European Pacemaker Market Drivers
- European Pacemaker Market Limiters
- Pacemaker Pulse Generator Market, by Product Type, Europe (USD), 2019u20132031
- Pacemaker Pulse Generator Market, by Country, Europe (USD), 2019u20132031
- Market Definitions
- Market Forecast Data
- Pacemaker Procedures, by Procedure Type, Europe, 2019u20132031
- Pacemaker Procedures, by Product Type, Europe, 2019u20132031
- Pacemaker Procedures, by Country, Europe, 2019u20132031
- Initial Pacemaker Procedures, by Country, Europe, 2019u20132031
- Replacement Pacemaker Procedures, by Country, Europe, 2019u20132031
- Upgrade Pacemaker Procedures, by Country, Europe, 2019u20132031
- Single-Chamber Pacemaker Procedures, by Procedure Type, Europe, 2019u20132031
- Single-Chamber Pacemaker Procedures, by Country, Europe, 2019u20132031
- Initial Single-Chamber Pacemaker Procedures, by Country, Europe, 2019u20132031
- Replacement Single-Chamber Pacemaker Procedures, by Country, Europe, 2019u20132031
- Dual-Chamber Pacemaker Procedures, by Procedure Type, Europe, 2019u20132031
- Dual-Chamber Pacemaker Procedures, by Country, Europe, 2019u20132031
- Initial Dual-Chamber Pacemaker Procedures, by Country, Europe, 2019u20132031
- Replacement Dual-Chamber Pacemaker Procedures, by Country, Europe, 2019u20132031
- Upgrade Dual-Chamber Pacemaker Procedures, by Country, Europe, 2019u20132031
- Pacemaker Pulse Generator Market, by Product Type, Europe (USD), 2019u20132031
- Pacemaker Pulse Generator Market, by Product Type, Europe (EUR), 2019u20132031
- Pacemaker Pulse Generator Market Growth, by Product Type, Europe, 2020u20132031
- Pacemaker Pulse Generator Market, by Country, Europe (USD), 2019u20132031
- Pacemaker Pulse Generator Market, by Country, Europe (EUR and GBP), 2019u20132031
- Pacemaker Pulse Generator Market Growth, by Country, Europe, 2020u20132031
- Single-Chamber Pacemaker Pulse Generator Market, by Product Type, Europe (USD), 2019u20132031
- Single-Chamber Pacemaker Pulse Generator Market, by Product Type, Europe (EUR), 2019u20132031
- Single-Chamber Pacemaker Pulse Generator Market Growth, by Product Type, Europe, 2020u20132031
- Single-Chamber Pacemaker Pulse Generator Market, by Country, Europe (USD), 2019u20132031
- Single-Chamber Pacemaker Pulse Generator Market, by Country, Europe (EUR and GBP), 2019u20132031
- Single-Chamber Pacemaker Pulse Generator Market Growth, by Country, Europe, 2020u20132031
- Traditional Single-Chamber Pacemaker Pulse Generator Market, by Country, Europe (USD), 2019u20132031
- Traditional Single-Chamber Pacemaker Pulse Generator Market, by Country, Europe (EUR and GBP), 2019u20132031
- Traditional Single-Chamber Pacemaker Pulse Generator Market Growth, by Country, Europe, 2020u20132031
- Leadless Single-Chamber Pacemaker Pulse Generator Market, by Country, Europe (USD), 2019u20132031
- Leadless Single-Chamber Pacemaker Pulse Generator Market, by Country, Europe (EUR and GBP), 2019u20132031
- Leadless Single-Chamber Pacemaker Pulse Generator Market Growth, by Country, Europe, 2020u20132031
- Dual-Chamber Pacemaker Pulse Generator Market, by Country, Europe (USD), 2019u20132031
- Dual-Chamber Pacemaker Pulse Generator Market, by Country, Europe (EUR and GBP), 2019u20132031
- Dual-Chamber Pacemaker Pulse Generator Market Growth, by Country, Europe, 2020u20132031
- Competitive Insights
- Market Shares
- Pacemaker Pulse Generator Revenue Market Shares, Europe, 2021
- Pacemaker Pulse Generator Revenue Market Shares, by Product Type, Europe, 2021
- Pacemaker Pulse Generator Revenue Market Shares, by Country, Europe, 2021
- Single-Chamber Pacemaker Pulse Generator Revenue Market Shares, by Product Type, Europe, 2021
- Single-Chamber Pacemaker Pulse Generator Revenue Market Shares, by Country, Europe, 2021
- Traditional Single-Chamber Pacemaker Pulse Generator Revenue Market Shares, by Country, Europe, 2021
- Dual-Chamber Pacemaker Pulse Generator Revenue Market Shares, by Country, Europe, 2021
- Market Highlights
- Implantable Cardioverter Defibrillator Market
- Market Highlights
- Key Content Updates
- European Implantable Cardioverter Defibrillator Market Drivers
- European Implantable Cardioverter Defibrillator Market Limiters
- ICD Pulse Generator Market, by Product Type, Europe (USD), 2019u20132031
- ICD Pulse Generator Market, by Country, Europe (USD), 2019u20132031
- Market Definitions
- Market Forecast Data
- ICD Procedures, by Procedure Type, Europe, 2019u20132031
- ICD Procedures, by Product Type, Europe, 2019u20132031
- ICD Procedures, by Country, Europe, 2019u20132031
- Initial ICD Procedures, by Country, Europe, 2019u20132031
- Replacement ICD Procedures, by Country, Europe, 2019u20132031
- Upgrade ICD Procedures, by Country, Europe, 2019u20132031
- Single-Chamber ICD Procedures, by Procedure Type, Europe, 2019u20132031
- Single-Chamber ICD Procedures, by Country, Europe, 2019u20132031
- Initial Single-Chamber ICD Procedures, by Country, Europe, 2019u20132031
- Replacement Single-Chamber ICD Procedures, by Country, Europe, 2019u20132031
- Dual-Chamber ICD Procedures, by Procedure Type, Europe, 2019u20132031
- Dual-Chamber ICD Procedures, by Country, Europe, 2019u20132031
- Initial Dual-Chamber ICD Procedures, by Country, Europe, 2019u20132031
- Replacement Dual-Chamber ICD Procedures, by Country, Europe, 2019u20132031
- Upgrade Dual-Chamber ICD Procedures, by Country, Europe, 2019u20132031
- ICD Pulse Generator Market, by Product Type, Europe (USD), 2019u20132031
- ICD Pulse Generator Market, by Product Type, Europe (EUR), 2019u20132031
- ICD Pulse Generator Market Growth, by Product Type, Europe, 2020u20132031
- ICD Pulse Generator Market, by Country, Europe (USD), 2019u20132031
- ICD Pulse Generator Market, by Country, Europe (EUR and GBP), 2019u20132031
- ICD Pulse Generator Market Growth, by Country, Europe, 2020u20132031
- Single-Chamber ICD Pulse Generator Market, by Product Type, Europe (USD), 2019u20132031
- Single-Chamber ICD Pulse Generator Market, by Product Type, Europe (EUR), 2019u20132031
- Single-Chamber ICD Pulse Generator Market Growth, by Product Type, Europe, 2020u20132031
- Single-Chamber ICD Pulse Generator Market, by Country, Europe (USD), 2019u20132031
- Single-Chamber ICD Pulse Generator Market, by Country, Europe (EUR and GBP), 2019u20132031
- Single-Chamber ICD Pulse Generator Market Growth, by Country, Europe, 2020u20132031
- Traditional Single-Chamber ICD Pulse Generator Market, by Country, Europe (USD), 2019u20132031
- Traditional Single-Chamber ICD Pulse Generator Market, by Country, Europe (EUR and GBP), 2019u20132031
- Traditional Single-Chamber ICD Pulse Generator Market Growth, by Country, Europe, 2020u20132031
- S-ICD Pulse Generator Market, by Country, Europe (USD), 2019u20132031
- S-ICD Pulse Generator Market, by Country, Europe (EUR and GBP), 2019u20132031
- S-ICD Pulse Generator Market Growth, by Country, Europe, 2020u20132031
- Dual-Chamber ICD Pulse Generator Market, by Country, Europe (USD), 2019u20132031
- Dual-Chamber ICD Pulse Generator Market, by Country, Europe (EUR and GBP), 2019u20132031
- Dual-Chamber ICD Pulse Generator Market Growth, by Country, Europe, 2020u20132031
- Competitive Insights
- Market Shares
- ICD Pulse Generator Revenue Market Shares, Europe, 2021
- ICD Pulse Generator Revenue Market Shares, by Product Type, Europe, 2021
- ICD Pulse Generator Revenue Market Shares, by Country, Europe, 2021
- Single-Chamber ICD Pulse Generator Revenue Market Shares, by Product Type, Europe, 2021
- Single-Chamber ICD Pulse Generator Revenue Market Shares, by Country, Europe, 2021
- Traditional Single-Chamber ICD Pulse Generator Revenue Market Shares, by Country, Europe, 2021
- Dual-Chamber ICD Pulse Generator Revenue Market Shares, by Country, Europe, 2021
- Market Highlights
- Cardiac Resynchronization Therapy Device Market
- Market Highlights
- Key Content Updates
- European Cardiac Resynchronization Therapy Device Market Drivers
- European Cardiac Resynchronization Therapy Device Market Limiters
- CRT Pulse Generator Market, by Product Type, Europe (USD), 2019u20132031
- CRT Pulse Generator Market, by Country, Europe (USD), 2019u20132031
- Market Definitions
- Market Forecast Data
- CRT Procedures, by Procedure Type, Europe, 2019u20132031
- CRT Procedures, by Product Type, Europe, 2019u20132031
- CRT Procedures, by Country, Europe, 2019u20132031
- Initial CRT Procedures, by Country, Europe, 2019u20132031
- Replacement CRT Procedures, by Country, Europe, 2019u20132031
- Upgrade CRT Procedures, by Country, Europe, 2019u20132031
- CRT-D Procedures, by Procedure Type, Europe, 2019u20132031
- CRT-D Procedures, by Country, Europe, 2019u20132031
- Initial CRT-D Procedures, by Country, Europe, 2019u20132031
- Replacement CRT-D Procedures, by Country, Europe, 2019u20132031
- Upgrade CRT-D Procedures, by Country, Europe, 2019u20132031
- CRT-P Procedures, by Procedure Type, Europe, 2019u20132031
- CRT-P Procedures, by Country, Europe, 2019u20132031
- Initial CRT-P Procedures, by Country, Europe, 2019u20132031
- Replacement CRT-P Procedures, by Country, Europe, 2019u20132031
- Upgrade CRT-P Procedures, by Country, Europe, 2019u20132031
- CRT Pulse Generator Market, by Product Type, Europe (USD), 2019u20132031
- CRT Pulse Generator Market, by Product Type, Europe (EUR), 2019u20132031
- CRT Pulse Generator Market Growth, by Product Type, Europe, 2020u20132031
- CRT Pulse Generator Market, by Country, Europe (USD), 2019u20132031
- CRT Pulse Generator Market, by Country, Europe (EUR and GBP), 2019u20132031
- CRT Pulse Generator Market Growth, by Country, Europe, 2020u20132031
- CRT-D Pulse Generator Market, by Country, Europe (USD), 2019u20132031
- CRT-D Pulse Generator Market, by Country, Europe (EUR and GBP), 2019u20132031
- CRT-D Pulse Generator Market Growth, by Country, Europe, 2020u20132031
- CRT-P Pulse Generator Market, by Country, Europe (USD), 2019u20132031
- CRT-P Pulse Generator Market, by Country, Europe (EUR and GBP), 2019u20132031
- CRT-P Pulse Generator Market Growth, by Country, Europe, 2020u20132031
- Competitive Insights
- Market Shares
- CRT Pulse Generator Revenue Market Shares, Europe, 2021
- CRT Pulse Generator Revenue Market Shares, by Product Type, Europe, 2021
- CRT Pulse Generator Revenue Market Shares, by Country, Europe, 2021
- CRT-D Revenue Market Shares, by Country, 2021
- CRT-P Revenue Market Shares, by Country, 2021
- Market Highlights
- Lead Market
- Market Definitions
- Market Forecast Data
- Lead Market, by Product Type, Europe (USD), 2019u20132031
- Lead Market, by Country, Europe (USD), 2019u20132031
- Lead Market, by Product Type, Europe (USD), 2019u20132031
- Lead Market, by Product Type, Europe (EUR), 2019u20132031
- Lead Market Growth, by Product Type, Europe, 2020u20132031
- Lead Market, by Country, Europe (USD), 2019u20132031
- Lead Market, by Country, Europe (EUR and GBP), 2019u20132031
- Lead Market Growth, by Country, Europe, 2020u20132031
- Pacing Lead Market, by Country, Europe (USD), 2019u20132031
- Pacing Lead Market, by Country, Europe (EUR and GBP), 2019u20132031
- Pacing Lead Market Growth, by Country, Europe, 2020u20132031
- Defibrillator Lead Market, by Product Type, Europe (USD), 2019u20132031
- Defibrillator Lead Market, by Product Type, Europe (EUR), 2019u20132031
- Defibrillator Lead Market Growth, by Product Type, Europe, 2020u20132031
- Defibrillator Lead Market, by Country, Europe (USD), 2019u20132031
- Defibrillator Lead Market, by Country, Europe (EUR and GBP), 2019u20132031
- Defibrillator Lead Market Growth, by Country, Europe, 2020u20132031
- Traditional Defibrillator Lead Market, by Country, Europe (USD), 2019u20132031
- Traditional Defibrillator Lead Market, by Country, Europe (EUR and GBP), 2019u20132031
- Traditional Defibrillator Lead Market Growth, by Country, Europe, 2020u20132031
- S-ICD Lead Market, by Country, Europe (USD), 2019u20132031
- S-ICD Lead Market, by Country, Europe (EUR and GBP), 2019u20132031
- S-ICD Lead Market Growth, by Country, Europe, 2020u20132031
- LV Lead Market, by Country, Europe (USD), 2019u20132031
- LV Lead Market, by Country, Europe (EUR and GBP), 2019u20132031
- LV Lead Market Growth, by Country, Europe, 2020u20132031
- Market Shares
- Lead Revenue Market Shares, Europe, 2021
- Lead Revenue Market Shares, by Product Type, Europe, 2021
- Lead Revenue Market Shares, by Country, Europe, 2021
- Pacing Lead Revenue Market Shares, by Country, Europe, 2021
- Defibrillator Lead Revenue Market Shares, by Product Type, Europe, 2021
- Defibrillator Lead Revenue Market Shares, by Country, Europe, 2021
- Traditional Defibrillator Lead Revenue Market Shares, by Country, Europe, 2021
- LV Lead Revenue Market Shares, by Country, Europe, 2021
- Market Definitions
- Lead Extraction Device Market
- Market Highlights
- Key Content Updates
- European Lead Extraction Market Drivers
- Lead Extraction Device Market, by Product Type, Europe (USD), 2019u20132031
- Lead Extraction Device Market, by Country, Europe (USD), 2019u20132031
- Market Definitions
- Market Forecast Data
- Lead Extraction Procedures, by Product Type, Europe, 2019u20132031
- Lead Extraction Procedures, by Country, Europe, 2019u20132031
- Manual Extraction Device Procedures, by Country, Europe, 2019u20132031
- Rotating Extraction Sheath Procedures, by Country, Europe, 2019u20132031
- Laser Extraction Sheath Procedures, by Country, Europe, 2019u20132031
- Lead Extraction Device Market, by Product Type, Europe (USD), 2019u20132031
- Lead Extraction Device Market, by Product Type, Europe (EUR), 2019u20132031
- Lead Extraction Device Market Growth, by Product Type, Europe, 2020u20132031
- Lead Extraction Device Market, by Country, Europe (USD), 2019u20132031
- Lead Extraction Device Market, by Country, Europe (EUR and GBP), 2019u20132031
- Lead Extraction Device Market Growth, by Country, Europe, 2020u20132031
- Manual Extraction Device Market, by Country, Europe (USD), 2019u20132031
- Manual Extraction Device Market, by Country, Europe (EUR and GBP), 2019u20132031
- Manual Extraction Device Market Growth, by Country, Europe, 2020u20132031
- Rotating Extraction Sheath Market, by Country, Europe (USD), 2019u20132031
- Rotating Extraction Sheath Market, by Country, Europe (EUR and GBP), 2019u20132031
- Rotating Extraction Sheath Market Growth, by Country, Europe, 2020u20132031
- Laser Extraction Sheath Market, by Country, Europe (USD), 2019u20132031
- Laser Extraction Sheath Market, by Country, Europe (EUR and GBP), 2019u20132031
- Laser Extraction Sheath Market Growth, by Country, Europe, 2020u20132031
- Competitive Insights
- Market Shares
- Lead Extraction Device Revenue Market Shares, Europe, 2021
- Lead Extraction Device Revenue Market Shares, by Product Type, Europe, 2021
- Lead Extraction Device Revenue Market Shares, by Country, Europe, 2021
- Manual Extraction Device Revenue Market Shares, by Country, Europe, 2021
- Rotating Extraction Sheath Revenue Market Shares, by Country, Europe, 2021
- Market Highlights
- Insertable Cardiac Monitor Market
- Market Highlights
- Key Content Updates
- European Insertable Cardiac Monitor Market Drivers
- European Implantable Cardiac Monitor Market Limiters
- ICM Market, by Country, Europe (USD), 2019u20132031
- Market Definitions
- Market Forecast Data
- ICM Market, by Country, Europe (USD), 2019u20132031
- ICM Market, by Country, Europe (EUR and GBP), 2019u20132031
- ICM Market Growth, by Country, Europe, 2020u20132031
- Competitive Insights
- Market Shares
- ICM Revenue Market Shares, Europe, 2021
- ICM Revenue Market Shares, by Country, Europe, 2021
- Market Highlights
- Appendix
- Abbreviations
- Bibliography
- Abbreviations
Pankhil Gandhi is an analyst within the Cardiovascular Medtech Insights team at Clarivate, specializing in transcatheter embolization and occlusion devices and deep venous disease treatment devices markets. Pankhil holds a Doctor of Pharmacy degree from the Babasaheb Ambedkar Marathwada University, Aurangabad.