Global Cardiac Resynchronization Therapy (CRT) Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product;

CRT-Defibrillator and CRT-Pacemaker

By Application;

Heart Failure Management, Arrhythmia Management, and Others

By End User;

Hospitals & Cardiac Centers and Ambulatory Surgery Centers

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn145614437 Published Date: May, 2025 Updated Date: June, 2025

Introduction

Global Cardiac Resynchronization Therapy (CRT) Market (USD Million), 2021 - 2031

Cardiac Resynchronization Therapy (CRT) Market was valued at USD 6,256.52 million in the year 2024. The size of this market is expected to increase to USD 9,870.48 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 6.7%.


Global Cardiac Resynchronization Therapy (CRT) Market Growth, Share, Size, Trends and Forecast

*Market size in USD million

CAGR 6.7 %


Study Period2025 - 2031
Base Year2024
CAGR (%)6.7 %
Market Size (2024)USD 6,256.52 Million
Market Size (2031)USD 9,870.48 Million
Market ConcentrationMedium
Report Pages325
6,256.52
2024
9,870.48
2031

Major Players

  • Medtronic plc
  • Abbott Laboratories (formerly St. Jude Medical, Inc.)
  • Boston Scientific Corporation
  • Biotronik SE & Co. KG
  • MicroPort Scientific Corporation
  • LivaNova PLC
  • EBR Systems, Inc.
  • Cardiac Rhythm Company
  • Medico SpA
  • Osypka Medical GmbH

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Global Cardiac Resynchronization Therapy (CRT) Market

Fragmented - Highly competitive market without dominant players


The Cardiac Resynchronization Therapy (CRT) Market is witnessing robust growth driven by the rising incidence of heart failure and conduction disorders. CRT devices are widely used to enhance cardiac performance and minimize hospitalization in patients with advanced symptoms. Studies show that nearly 65% of individuals receiving CRT experience notable improvements in heart function, affirming its value in cardiovascular care.

Innovations Driving Market Differentiation
Progress in CRT technology has led to the introduction of leadless designs and intelligent pacing systems. Approximately 40% of modern CRT units are equipped with advanced monitoring capabilities, enabling precise and personalized care. These innovations are reshaping patient experiences by boosting treatment efficiency and safety profiles.

Shift Toward Less Invasive Approaches
Minimally invasive CRT procedures are becoming increasingly prevalent, favored for their shorter recovery periods and reduced risk profiles. Data indicates that around 55% of CRT implants are now done through image-guided or less invasive techniques. This procedural shift is encouraging broader clinical use across outpatient and hospital environments.

Continued Focus on Development and Collaboration
Investment in research and device innovation remains central to market advancement. Nearly 50% of cardiac device R&D is centered around CRT-related improvements, particularly in pacing and system adaptability. These efforts are fostering a pipeline of next-generation CRT solutions, positioning the market for continuous progress.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product
    2. Market Snapshot, By Application
    3. Market Snapshot, By End User
    4. Market Snapshot, By Region
  4. Global Cardiac Resynchronization Therapy (CRT) Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Growing Prevalence of Heart Failure
        2. Technological Advancements
        3. Increasing Adoption of Minimally Invasive Procedures
        4. Government Initiatives and Reimbursement Policies
      2. Restraints
        1. High Cost of CRT Devices
        2. Complexity of Implantation Procedures
        3. Limited Awareness and Education
        4. Competitive Landscape and Alternative Therapies
      3. Opportunities
        1. Expansion in Emerging Markets
        2. Development of Next-Generation CRT Technologies
        3. Focus on Remote Monitoring and Telehealth Solutions
        4. Collaboration and Partnerships
        5. Focus on Patient-Centric Care
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Cardiac Resynchronization Therapy (CRT) Market, By Product, 2021 - 2031 (USD Million)
      1. CRT-Defibrillator
      2. CRT-Pacemaker
    2. Global Cardiac Resynchronization Therapy (CRT) Market, By Application, 2021 - 2031 (USD Million)
      1. Heart Failure Management
      2. Arrhythmia Management
      3. Others
    3. Global Cardiac Resynchronization Therapy (CRT) Market, By End User, 2021 - 2031 (USD Million)
      1. Hospitals & Cardiac Centers
      2. Ambulatory Surgery Centers
    4. Global Cardiac Resynchronization Therapy (CRT) Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Medtronic plc
      2. Abbott Laboratories (formerly St. Jude Medical, Inc.)
      3. Boston Scientific Corporation
      4. Biotronik SE & Co. KG
      5. MicroPort Scientific Corporation
      6. LivaNova PLC
      7. EBR Systems, Inc.
      8. Cardiac Rhythm Company
      9. Medico SpA
      10. Osypka Medical GmbH
  7. Analyst Views
  8. Future Outlook of the Market