Cardiac Rhythm Management Devices Market in China 2016-2020

  • ID: 3769442
  • Report
  • Region: China
  • 66 pages
  • TechNavio
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FEATURED COMPANIES

  • Anjue Medical Equipment
  • Boston Scientific
  • E&M Electromedicina
  • Fukuda Denshi
  • Instramed
  • Medtronic
  • MORE
About Cardiac Rhythm Management Devices

Cardiac rhythm management or electrophysiology therapy helps diagnose and treat heart disorders that cause rhythm complications. These disorders include bradycardia and tachycardia that affect the heart's electrical system. These disorders cause irritation in the heart muscles, causing abnormal heart functions. This can occur during heart attacks. Devices such as ICDs, CRT systems, and biventricular pacemakers help manage these disorders.

The analysts forecast the cardiac rhythm management devices market in China to grow at a CAGR of 10.1% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the cardiac rhythm management devices market in China 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of pacemakers, ICTs, and CRT devices.

The report, Cardiac Rhythm Management Devices Market in China 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- BIOTRONIK
- Boston Scientific
- LivaNova
- Medtronic

Other prominent vendors
- Anjue Medical Equipment
- Beijing Carejoy Technology
- CardiAid
- E&M Electromedicina
- EMTEL
- Fukuda Denshi
- Guangzhou Leyte Electronic
- Guangzhou Maya Medical Equipment
- Guangzhou Yueshan Medical Equipment
- Hagenuk
- Instramed
- Lepu Medical Technology (Beijing)
- Mindray Medical International
- Perlong Medical Equipment
- Physio Control
- Poweam Medical
- Wincom

Market drivers
- Prevalence of cardiac disorders

Market challenges
- Promotion of locally manufactured products

Market trends
- Popularity of robot-assisted cardiac surgery

Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Anjue Medical Equipment
  • Boston Scientific
  • E&M Electromedicina
  • Fukuda Denshi
  • Instramed
  • Medtronic
  • MORE
PART 01: Executive summary
  • Highlights
PART 02: Scope of the report
  • Market overview
  • Top-vendor offerings
PART 03: Market research methodology
  • Research methodology
  • Economic indicators
PART 04: Introduction
  • Key market highlights
PART 05: Healthcare reform in China
  • Healthcare reforms
  • Improvement in healthcare infrastructure
PART 06: Regulatory landscape

PART 07: Insurance coverage and reimbursement in China
  • Insurance
  • Reimbursement
PART 08: Opportunities for global and local vendors
  • Local vendors
  • Global vendors
  • Challenges for global vendors
PART 09: Market landscape
  • Market overview
  • Market size and forecast
  • Five forces analysis
PART 10: Market segmentation by product
  • Pacemakers
  • ICDs
  • CRT devices
PART 11: Market drivers
  • Prevalence of cardiac disorders
  • Expansion of insurance plans
  • Increase in joint ventures
  • Advances in surgical procedures
PART 12: Impact of drivers

PART 13: Market challenges
  • Complications of CRT in children
  • Preference for open surgeries
  • Promotion of locally manufactured products
  • Stringent regulatory framework
PART 14: Impact of drivers and challenges

PART 15: Market trends
  • Popularity of robot-assisted cardiac surgery
  • Use of MRI in clinical applications
PART 16: Vendor landscape
  • Competitive scenario
  • Key vendors
  • BIOTRONIK (Beijing) Medical Devices
  • BSC Medical Device Technology (Shanghai)
  • Cardiac Science
  • Koninklijke Philips
  • LivaNova
  • Medtronic
  • St. Jude Medical
  • Other prominent vendors
PART 17: Appendix
  • List of abbreviations
PART 18: About the Author

List of Exhibits

Exhibit 01: Product offerings
Exhibit 02: Limitations of cardiac rhythm management devices
Exhibit 03: Disease mortality rate in China 2012
Exhibit 04: Healthcare reforms in China
Exhibit 05: Healthcare spending in China 2005-2014
Exhibit 06: Segmentation of hospitals in China 2014
Exhibit 07: Segmentation of hospitals in China by Tier 2014
Exhibit 08: Approval timeline for medical devices in China compared to other countries
Exhibit 09: Health insurance system in China
Exhibit 10: Various establishments of global medical device manufacturers in China
Exhibit 11: Cardiac rhythm management devices market in China 2015-2020 ($ millions)
Exhibit 12: Five forces analysis
Exhibit 13: Segmentation of cardiac rhythm management devices market in China by product
Exhibit 14: Segmentation of cardiac rhythm management devices market in China by product 2015
Exhibit 15: Segmentation of cardiac rhythm management devices market in China by product 2020
Exhibit 16: Segmentation of cardiac rhythm management devices market by product 2015-2020
Exhibit 17: Pacemakers based on functionality
Exhibit 18: Some indications for insertion of implanted pacemaker
Exhibit 19: Cardiac rhythm management devices market in China for pacemakers 2015-2020 ($ millions)
Exhibit 20: Some indications for ICDs
Exhibit 21: Cardiac rhythm management devices market in China for ICDs 2015-2020 ($ millions)
Exhibit 22: Types of CRT devices
Exhibit 23: Cardiac rhythm management devices market in China for CRT devices 2015-2020 ($ millions)
Exhibit 24: Impact of drivers
Exhibit 25: Impact of drivers and challenges
Exhibit 26: Product portfolio matrix
Exhibit 27: BIOTRONIK: Key takeaways
Exhibit 28: BSC Medical Device Technology (Shanghai): Key takeaways
Exhibit 29: Cardiac Science: Key takeaways
Exhibit 30: Koninklijke Philips: Key takeaways
Exhibit 31: LivaNova: Key takeaways
Exhibit 32: Medtronic: Key takeaways
Exhibit 33: St. Jude Medical: Key takeaways
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Anjue Medical Equipment
  • Boston Scientific
  • E&M Electromedicina
  • Fukuda Denshi
  • Instramed
  • Medtronic
  • MORE
New Report Released: - Cardiac Rhythm Management Devices Market in China 2016-2020

The author of the report recognizes the following companies as the key players in the cardiac rhythm management devices market in China: BIOTRONIK, Boston Scientific, LivaNova, and Medtronic.

Other Prominent Vendors in the market are: Anjue Medical Equipment, Beijing Carejoy Technology, Cardiac Science (a subsidiary of Opto Circuits), CardiAid, E&M Electromedicina, EMTEL, Fukuda Denshi, Guangzhou Leyte Electronic, Guangzhou Maya Medical Equipment, Guangzhou Yueshan Medical Equipment, Hagenuk, Instramed, Lepu Medical Technology (Beijing), Mindray Medical International, Perlong Medical Equipment, Physio Control, Poweam Medical, and Wincom.

Commenting on the report, an analyst from the research team said: “One trend leading to the growth of this market will be the growing popularity of robot-assisted cardiac surgery. Robotic technology provides physicians a better view of the operative field and easy movement of instruments with precision and control within close-fitting spaces. Robot-assisted surgeries are sophisticated procedures and require skilled surgeons. These surgeries help reduce the duration of hospital stays, facilitating better cost management. These procedures also prevent human errors and ensure improved outcomes, reduced recovery periods, and minimal pain and discomfort.”

According to the report, one driver fostering the prospects for growth in this market will be the increase in joint ventures. Strict product approval processes and safety regulations with regard to medical devices make it hard for international vendors to enter the market in China. The country is frequently amending its regulations to provide a safe and better healthcare system. China is also encouraging local manufacturers to develop advanced medical devices.

Further, the report states that the preference for open surgeries will impede market growth until the end of the forecast period. Minimally invasive procedures help prevent excessive blood loss, cause minimal pain and scarring, reduce the duration of recovery and hospital stay, and lead to better medical outcomes. However, these procedures are limited to Tier I and some of Tier II medical facilities such as hospitals and clinics in China. Tier III hospitals cater to rural areas. These hospitals do not have advanced facilities and experienced surgeons to conduct sophisticated minimally invasive procedures for cardiac rhythm management. As a result, people in these hospitals undergo open surgeries for cardiac rhythm management.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
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- BIOTRONIK
- Boston Scientific
- LivaNova
- Medtronic
- Anjue Medical Equipment
- Beijing Carejoy Technology
- Cardiac Science (a subsidiary of Opto Circuits)
- CardiAid
- E&M Electromedicina
- EMTEL
- Fukuda Denshi
- Guangzhou Leyte Electronic
- Guangzhou Maya Medical Equipment
- Guangzhou Yueshan Medical Equipment
- Hagenuk
- Instramed
- Lepu Medical Technology (Beijing)
- Mindray Medical International
- Perlong Medical Equipment
- Physio Control
- Poweam Medical
- Wincom.
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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