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people are overseas students who
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PostPosted: 08 Jul 2019 05:40:56    Post subject:  people are overseas students who
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Credence Research
Submitted 2018-03-28 09:52:10 The latest market report published by Credence Research
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, Inc.聽鈥淐ardiac Rhythm Management Devices Market聽Growth, Future Prospects, and Competitive Analysis, 2018 -2026鈥澛爐he聽cardiac rhythm management devices market was valued at US$ 20.88 Bn in 2017, and is expected to reach US$ 38.56 Bn by 2026, expanding at a CAGR of 6.96 % from 2018 to 2026.

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Cardiac rhythm management (CRM) devices market shows a lucrative growth with constant technological advancements driving the market. Advances such as extended battery life and making devices MRI-safe has created a positive environment for the growth of this market. Additionally, enabling wireless functioning of CRM devices and providing self-monitoring options has contributed to the lucrative growth of CRM devices market.

The major driver for the CRM market is the rising prevalence of arrhythmias across the globe. As per the Centers for Disease Control and Prevention (CDC) atrial fibrillation, the most common form of arrhythmia accounts for 2.7-6.1 million people in the U.S. as of 2015. The rise in adoption of unhealthy lifestyles has led to an increased risk of cardiovascular diseases, which in turn drives the growth of this market.

Reporting of the adverse events such as bleeding or infections caused upon implantation of CRM devices, may restrain the market growth. Additionally, the risk of hacking of these devices from an unauthorized source could possesses a negative impact on the growth of CRM devices market. In September 2017, the FDA recalled around half million Abbott pacemakers from the market owing to its cyber security vulnerabilities. The implanted pacemakers were updated with a new software that enabled security.

The CRM devices market has worldwide outreach overcoming the unmet needs of arrhythmia across the globe. North America predominates this market owing to its vast disposable income, suitable reimbursement plans pertaining to CRM devices and presence of major manufacturers across this region. According to the report, National Audit of Cardiac Rhythm Management Devices by , the pacemaker implant rate in the U.K. is on a gradual rise, ensuring positive growth of CRM devices market in Europe.

Market Competition Assessment:

The cardiac rhythm management devices market comprises a vast competitive pool, with players constantly striving for advanced technology. Medtronic Plc. dominates the CRM devices market. Its newest technology of leadless pacemaker: Micra is expected to change the market dynamics in the forecast period. Other players holding strong positions in this market are Abbott Laboratories, Inc., Biotronik, Inc., Boston Scientific Corporation, Integer Holdings Corporation, LivaNova, Plc., Philips Healthcare Informatics, Inc. & ZOLL Medical Corporation.

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Rise in adoption of unhealthy lifestyles has increased the risk for cardiovascular diseases thus leading to an increase in demand for CRM devices
Enhancement of existing technologies and the emergence of innovative devices drive the market providing remunerative growth
Stringent regulatory approval processes for CRM devices could restrain the growth of this market

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According to the goal set by Julia Gillard government, about 40% Australians aged between 25 and 34 will have a degree of higher education. However, expertsí analysis showed that overseas students occupied a large proportion of the targeted people. And as the amount of overseas students is becoming less and less, it might be hard for the government to achieve its goal.


Although Australian Bureau of Statistics (ABS) excluded foreign residents when counting the completion rate of higher education, overseas students were included. Because according to the change of policy in 2006, people who have lived in Australia for at least 12 months during a period of 16 months can be considered as Australian residents.


Through analysis of model, experts of Monash University found that the proportion of Australians aged between 25 and 34 who have a bachelorís degree increased from 25% in 2003 to nearly 35% in the middle of 2009. And overseas students should account for the fast growth of this group.


Professor Bob Birrell and his colleges, who work in the Population and City Research Center of Monash University, found that the amount of people aged between 25 and 34 who have a degree increased by 215,000. About 90,000 of those people are overseas students who cannot get permanent residence in Australia or who have no intention to live in Australia permanently. Another 30,000 people are overseas students who have got permanent residence. And other 50,000 people are skill immigration. Generally speaking, only less than 14 of the added people are Australians. Overseas students who want to live in or leave Austral.
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PostPosted: 08 Jul 2019 05:40:56    Post subject: Adv






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