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Implantable Cardioverter Defibrillators (ICDs) Market Outlook 2025-2034: Key Trends, Growth Drivers, and Market Share
Implantable Cardioverter Defibrillators ICDs
The rise in cardiovascular diseases (CVDs) is predicted to fuel the expansion of the implantable cardioverter defibrillators (ICDs) market in the future. CVDs encompass a variety of ailments that impact the heart and blood vessels, including heart attacks, strokes, and hypertension, often triggered by unhealthy eating habits, physical inactivity, smoking, and hereditary factors. The escalating incidence of cardiovascular diseases is mainly attributed to aging populations, unhealthy lifestyle habits, and increasing rates of risk elements such as obesity, diabetes, and hypertension. Implantable cardioverter defibrillators (ICDs) aid in the control of CVDs by delivering life-saving electric shocks to reinstate normal heart rhythms in patients susceptible to unexpected cardiac arrest. For example, as per the Australian Institute of Health and Welfare, an Australian government agency, certified deaths caused by coronary heart disease (CHD) escalated to 14,100 in 2021 and increased further to 14,900 in 2022. Consequently, the escalating incidence of cardiovascular diseases (CVDs) is spurring the expansion of the implantable cardioverter defibrillators (ICDs) market.
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What Is the projected market size and growth rate for the implantable cardioverter defibrillators (icds) market?
The market size of implantable cardioverter defibrillators (ICDs) has shown impressive growth in the past few years. It is projected to rise from $3.76 billion in 2024 to $3.99 billion in 2025, showcasing a compound annual growth rate (CAGR) of 6.0%. This tremendous growth during the historic period can be credited to a rise in cases of sudden cardiac arrest, recognition of implantable cardioverter defibrillator for preventional use against sudden cardiac arrest, increased awareness amongst the public, a surge in the elderly population, encouragement from governments and healthcare institutions, and enhanced access to healthcare.
Projected substantial growth is anticipated in the size of the implantable cardioverter defibrillators (ICDs) market in the forthcoming years. The market is expected to escalate to a worth of $4.99 billion by 2029, expanding at a compound annual growth rate (CAGR) of 5.8%. Factors contributing to this growth during the forecasted period include rising adoption of implantable defibrillators, a surge in the need for more personalized cardiac care, an increased incidence of cardiac rhythm disorders, and growing demand in budding markets. Emerging trends for the projected period encompass technological innovations, the launch of subcutaneous ICD that circumvent transvenous leads, a surge in demand for hybrid ICD devices with pacemaker characteristics, improvements in sensing and detection algorithms, ongoing progress in wireless charging and battery technology, and incorporation of artificial intelligence (AI) in healthcare and data analytics.
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How are the latest trends influencing the growth of the implantable cardioverter defibrillators (icds) market?
Leading firms in the implantable cardioverter defibrillators (ICDs) market are concentrating their efforts on technological breakthroughs, including low current consumption defibrillators, to elevate the efficiency of their devices, prolong battery lifespans, and better patient comfort levels. Defibrillators consuming less current are engineered to dispatch electrical shocks to the heart while using less power, thereby extending battery longevity and guaranteeing efficient arrhythmia treatment. For example, in Japan, MicroPort CRM, a medicinal devices producer based in France, introduced the ULYS implantable cardioverter defibrillator (ICD) and the INVICTA defibrillation lead in October 2023, indicating a major step forward in cardiac treatment technology. These products contain cutting-edge features, like low current consumption for extending battery lifespan and MRI-compatibility, ensuring they are appropriate for patients requiring imaging processes. The ULYS ICD incorporates the PARAD+ arrhythmia identification algorithm and AutoMRI feature, augmenting patient security in MRI examinations. Furthermore, the INVICTA lead accomplished a 100% successful implantation rate and a 97.4% rate free of complications during clinical trials, underlining its dependability and efficacy.
What major market segments define the scope and growth of the implantable cardioverter defibrillators (icds) market?
The implantable cardioverter defibrillators (ICDs) market covered in this report is segmented -
1) By Type: Single Chamber Implantable Cardioverter Defibrillators (ICDs), Dual Chamber Implantable Cardioverter Defibrillators (ICDs), Biventricular Devices
2) By Applications: Bradycardia, Tachycardia, Heart Failure, Other Applications
3) By End User: Hospitals, Specialty Clinics, Ambulatory Surgical Centers, Other End Users
Subsegments:
1) By Single Chamber Implantable Cardioverter Defibrillators (ICDs): Standard Single Chamber ICDs, MRI-Compatible Single Chamber ICDs, Wireless Single Chamber ICDs
2) By Dual Chamber Implantable Cardioverter Defibrillators (ICDs): Standard Dual Chamber ICDs, MRI-Compatible Dual Chamber ICDs, Wireless Dual Chamber ICDs
3) By Biventricular Devices: CRT-D (Cardiac Resynchronization Therapy Defibrillator), CRT-P (Cardiac Resynchronization Therapy Pacemaker), Biventricular ICDs With Advanced Features (Remote Monitoring, Wireless Capabilities)
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Which region dominates the implantable cardioverter defibrillators (icds) market?
North America was the largest region in the implantable cardioverter defibrillators market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the implantable cardioverter defibrillators (ICDs) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Which key market leaders are driving the implantable cardioverter defibrillators (icds) industry growth?
Major companies operating in the implantable cardioverter defibrillators (ICDs) market are Abbott Laboratories, Medtronic Inc., Koninklijke Philips N.V., Boston Scientific Corporation, ZOLL Medical Corporation, St. Jude Medical Inc., BIOTRONIK SE & Co. KG, Nihon Kohden Corporation, Fukuda Denshi Co. Ltd., LivaNova PLC, MicroPort Scientific Corporation, Japan Lifeline Co. Ltd., AtriCure Inc., Physio-Control Inc., BPL Medical Technologies Private Limited, Kestra Medical Technologies Inc., CU Medical Germany GmbH, Metrax GmbH, Intermedics Inc., Sorin Group S.p.A.
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What Is Covered In The Implantable Cardioverter Defibrillators (ICDs) Global Market Report?
•Market Size Forecast: Examine the implantable cardioverter defibrillators (icds) market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the implantable cardioverter defibrillators (icds) market for a structured understanding.
•Key Players Overview: Analyze major players in the implantable cardioverter defibrillators (icds) market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the implantable cardioverter defibrillators (icds) market.
•Segment Contributions: Evaluate how different segments drive overall growth in the implantable cardioverter defibrillators (icds) market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the implantable cardioverter defibrillators (icds) market.
•Industry Challenges: Identify potential risks and obstacles affecting the implantable cardioverter defibrillators (icds) market.
•Competitive Landscape: Review strategic developments in the implantable cardioverter defibrillators (icds) market, including expansions, agreements, and new product launches.
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