Press release
Implantable Cardioverter Defibrillator Market Recent Trends, Development Strategy, Future Growth, Industry Analysis, Outlook, Insights, Share and Forecasts Report 2028
Implantable Cardioverter Defibrillator Market
The global Implantable Cardioverter Defibrillator (ICD) market size is expected to reach USD 8.81 Billion at a steady CAGR of 2.7% in 2028, according to latest analysis by Emergen Research. The market for implantable cardioverter defibrillators is growing due to an increase in prevalence of cardiac diseases. Surge in risk factors such as obesity and rise in sedentary lifestyle are other key factors driving the growth of ICD market.
Subcutaneous ICD (S-ICD) segment accounted for a significantly large revenue share in 2020. S-ICD has advantages over traditional systems, especially for young patients in whom the risk of device-related complications is extremely high. Moreover, S-ICD poses no risk of pneumothorax or vascular injury. S-ICD has cosmetic advantages due to its anatomic location despite its larger size.
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The global Implantable Cardioverter Defibrillator market is anticipated to deliver a steady CAGR of 2.7% over the next 8 years to reach a valuation of USD 8.81 Billion in 2028 from USD 7.11 Billion in 2020, according to the extensive analysis carried out by our analysts.
The leading companies of the Implantable Cardioverter Defibrillator industry are expected to grow at a significant rate as increasing demand for the products of the Implantable Cardioverter Defibrillator industry is being observed.
The report also analyses key elements such as growth trends, concentration area, business expansion strategies, market reach, and other key features that offer companies insightful data to fortify their position in the Implantable Cardioverter Defibrillator industry.
Top Key Participants Of the Implantable Cardioverter Defibrillator Industry Research By Emerge Research: Boston Scientific Corporation, Abbott Laboratories, Biotronik, Medtronic PLC, LivaNova PLC, MicroPort, Sorin Group, Koninklijke Philips N.V., Fukuda Denshi Co. Ltd., and Physio-Control, Inc.
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Major Geographies Analyzed in the Implantable Cardioverter Defibrillator Market Report:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia-Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
The Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
The pandemic has significantly affected the lives and markets worldwide and has caused disruptions in the business sphere. The report encompasses the effects of the coronavirus pandemic on the Implantable Cardioverter Defibrillator market along with impacts on the key segments of the industry. The report also offers an idea of the current scenario along with an impact assessment for the coming years.
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Emergen Research has segmented the global implantable cardioverter defibrillator market on the basis of product type, end-use, and region:
Product Type Outlook (Revenue, USD Billion; 2018–2028)
Transvenous ICD
Single Chamber ICD
Dual Chamber ICD
CRT-D (cardiac resynchronization therapy-defibrillator)
Subcutaneous ICD
End-use Channel Outlook (Revenue, USD Billion; 2018–2028)
Hospitals & Clinics
Ambulatory Surgery Centers
Others
The report considers the following timeline for market estimation:
Historical Years: 2017-2018
Base Year: 2019
Estimated Year: 2027
Forecast Years: 2020-2027
Key Question You Are Ask For??
Which segment is expected to garner traction during the coming years?
What are the key strategies adopted by the players in the market?
What are the technological developments and product advancements occurring in the market?
What is the outcome of SWOT analysis and Porter’s Five Forces analysis?
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Table Of Content:
Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.3. Methodology
1.4. Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2020-2028
Chapter 3. Key Insights
Chapter 4. Implantable Cardioverter Defibrillator Market Segmentation & Impact Analysis
4.1. Implantable Cardioverter Defibrillator Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
4.2.2.1. Growing focus on providing public-access defibrillators
4.2.2.2. Rising incidence of target diseases
4.2.3. Market restraints analysis
4.2.3.1. Issues related to the use of defibrillators
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
Chapter 5. Implantable Cardioverter Defibrillator Market By Product Type Insights & Trends, Revenue (USD Billion)
5.1. Product Type Dynamics & Market Share, 2021 & 2028
5.1.1. Transvenous ICD
5.1.1.1. Single Chamber ICD
5.1.1.2. Dual Chamber ICD
5.1.1.3. CRT-D (cardiac resynchronization therapy-defibrillator)
5.1.2. Subcutaneous ICD
Chapter 6. Implantable Cardioverter Defibrillator Market By End-use Insights & Trends Revenue (USD Billion)
6.1. End-use Dynamics & Market Share, 2021 & 2028
6.1.1. Hospitals & Clinics
6.1.2. Ambulatory Surgery Centers
6.1.3. Others
Continue!!
Conclusion Of the Report:
To conclude everything stated above, the report offers a panoramic view of the Implantable Cardioverter Defibrillator market in both the global and regional markets, supported by key statistical data and industry-verified facts. It offers a thorough examination of the size, share, and market volume of the Implantable Cardioverter Defibrillator industry to forecast the same evaluations until 2027. It also studies and analyzes the different growth prospects and opportunities, along with threats that the players might face in the Global Implantable Cardioverter Defibrillator Market.
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Emergen Research | Web: www.emergenresearch.com
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At Emergen Research, we believe in advancing with technology. We are a growing market research and strategy consulting company with an exhaustive knowledge base of cutting-edge and potentially market-disrupting technologies that are predicted to become more prevalent in the coming decade.
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