An implantable cardioverter-defibrillator (ICD) or automated implantable cardioverter defibrillator (AICD) is a device implantable inside the body, able to perform cardioversion, defibrillation, and (in modern versions) pacing of the heart. The device is therefore capable of correcting most life-threatening cardiac arrhythmias. The ICD is the first-line treatment and prophylactic therapy for patients at risk for sudden cardiac death due to ventricular fibrillation and ventricular tachycardia. Current devices can be programmed to detect abnormal heart rhythms and deliver therapy via programmable ant tachycardia pacing in addition to low-energy and high-energy shocks.
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Case numbers are resurging in parts of the world where the COVID-19 pandemic was waning, falling in places that saw huge surges recently, and just beginning to rise in previously little-impacted parts of the globe.
Studying and analysing the impact of Coronavirus COVID-19 on the Implantable Cardioverter-Defibrillator industry, the report provide in-depth analysis and professional advices on how to face the post COIVD-19 period.
Market Segment by Product Type
- Subcutaneous Implantable Cardioverter Defibrillators (S-ICDS)
- Tran venous Implantable Cardioverter-Defibrillator (T-ICDs)
- Cardiac Resynchronization Therapy Defibrillator (CRT-D)
Market Segment by Product Application
- ASCs
- Hospital
- Clinic
Finally, the report provides detailed profile and data information analysis of leading company.
- ZOLL Medical Corporation (US)
- PHILIPS HEALTHCARE
- Medtronic PLC (Ireland)
- Boston Scientific Corporation (US)
- Medtronic Plc
- BIOTRONIK SE & Co. KG (Germany)
- Nihon Kohden Corporation
- Koninklijke Philips N.V. (Netherlands)
- St. Jude Medical, Inc. (US)
- Sorin Group
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Insights and Tools:
Projected and forecast revenue values are in constant U.S. dollars, unadjusted for inflation.
Product values and regional markets are estimated by market analyst, data analyst and people from related industry, based on company's' revenue and applications market respectively.
The data sources include but not limited to reports of company, international organizations and governments, MMI market surveys and related industry news.
Analyses of global market trends, with historical data, estimates for 2021 and projections of compound annual growth rates (CAGRs) through 2026
The market research includes historical and forecast data from like demand, application details, price trends, and company shares by geography, especially focuses on the key regions like United States, European Union, China, and other regions.
In addition, the report provides insight into main drivers, challenges, opportunities and risk of the market and strategies of suppliers. Key players are profiled as well with their market shares in the global market discussed.
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Research Objectives
- 1.To study and analyse the global Implantable Cardioverter-Defibrillator consumption (value) by key regions/countries, product type and application, history data from 2016 to 2020, and forecast to 2026.
- 2.To understand the structure of Implantable Cardioverter-Defibrillator market by identifying its various subsegments.
- 3.Focuses on the key global Implantable Cardioverter-Defibrillator manufacturers, to define, describe and analyse the value, market share, market competition landscape, Porter's five forces analysis, SWOT analysis and development plans in next few years.
- 4.To analyse the Implantable Cardioverter-Defibrillator with respect to individual growth trends, future prospects, and their contribution to the total market.
- 5.To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
- 6.To project the consumption of Implantable Cardioverter-Defibrillator submarkets, with respect to key regions (along with their respective key countries).
- 7.To analyse competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
- 8.To strategically profile the key players and comprehensively analyse their growth strategies
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Market SynopsisThe Global Implantable Cardioverter Defibrillator (ICD) Market: Increasing prevalence of cardiovascular diseases, growing aging population, and changing lifestyles are projected to boost the market from USD 6,952.2 Million in 2018 to 10,425.96 Million by 2025 at a CAGR of 5.96%.Market HighlightsAccording to MRFR analysis, the global implantable cardioverter defibrillator (ICD) market is expected to register a CAGR of 5.96% during the forecast period of 2019 to 2025.
Factors such as the growing aging population, changing lifestyles such as smoking and alcohol consumption, and the increase in demand for cardiac implants are responsible for the increasing prevalence of cardiac arrhythmias globally.
The growth is mainly due to increasing cardiac arrests among patients, R by major players, and strategic partnershipsSubcutaneous-ICD (S-ICD): Holds the third-largest share in the market and is expected to grow at a steady rate in the market during the forecast period.
New product launches, manufacturing facility expansion in emerging countries such as India, China, Brazil, and other emerging countries could drive the market.Others: Covers accessories and small component parts of implantable cardioverter defibrillators.
This segment holds the least share in the market.By IndicationMyocardial Ischemia: Myocardial Ischemia is the largest as well as the fastest-growing segment by indication as ICDs are majorly used in the treatment of myocardial ischemia.
Moreover, the prevalence rate of sudden cardiac arrests is rising.
The device is used in treating sudden cardiac arrest caused due to cardiac arrhythmias, particularly ventricular fibrillation and pulseless ventricular tachycardia.
Request Brochure – https://www.transparencymarketresearch.com/sample/sample.php?flag=B_id=13826The most important factors driving the global implantable cardioverter defibrillators market are increasing incidences of cardiovascular disorders, increasing demand for implantable cardioverter defibrillator from emerging countries of Asia-Pacific and the Middle-East as cardiovascular disorders are increasing and awareness about the disease also increases in these countries, increasing number of training and awareness programs across the globe for Implantable Cardioverter Defibrillators.
A series of small electrical impulses are delivered to the heart muscle to restore a normal heart rate and rhythm.
Based on implantation region ICDs are categorized into trans-venous implantable cardioverter defibrillators and subcutaneous implantable cardioverter defibrillators.The subcutaneous ICD (S-ICD) is placed without inserting the leads inside the heart.
The lead which is connected to the device is burrowed under the skin rather than inside the heart.
The advantages of the S-ICD are that it do not show any of the immediate or long-term complications followed due to placing a lead into the heart, such as perforation of the heart and collapse of the lung.
Global Implantable Cardioverter Defibrillator (ICD) Market Research Report: By Product (Regular ICD, CRT-D, Subcutaneous-ICD, Others), By Indication (Myocardial ischemia, Acute myocardial infarction, Electrolyte imbalance and drug toxicity) and By End User (Hospitals and clinics, Ambulatory surgical centers) – Forecast to 2027Implantable Cardioverter Defibrillator (ICD) monitors heart rhythms in the treatments of heart failure cases.
Growing awareness about the benefits that ICDs provide in the treatment of heat-related diseases & disorders is major tailwinds pushing the market growth.
Besides, side-effects related to medications are projected to restrain market growth during the forecast period.Request Free Sample Copy at: https://www.marketresearchfuture.com/sample_request/8243 Implantable Cardioverter Defibrillator (ICD) Market – SegmentsThe report is segmented into four dynamics;By Product : Regular ICD, Cardiac Resynchronization Therapy Defibrillators (CRT-D), Subcutaneous-ICD (S-ICD), and others.By Indication : Myocardial Ischemia, Acute Myocardial Infarction, Electrolyte Imbalance, Drug Toxicity, and others.By End User : Ambulatory Surgical Centers, Hospitals & Clinics, and others.By Regions : Americas, Europe, Asia Pacific, and Rest-of-the-world.Global ICD Market – Regional AnalysisNorth America dominates the global implantable cardioverter defibrillator (ICD) market.
According to the European Cardiovascular Disease Statistics, in 2017, around 45% of deaths occurred in Europe were due to Cardiovascular Diseases (CVD).Also, factors such as the augmenting demand for cardiac treatments and preventive screening, foster the regional market growth.
Factors such as the changing regulatory scenario, rising healthcare expenditures, and increasing prevalence of cardiovascular diseases drive the regional market growth.
Besides, high incidences of diabetes that lead to cardiovascular diseases such as myocardial ischemia in the region are estimated to fuel the market growth.Furthermore, major ICD players operating at a global level that are focusing on mergers and acquisitions support the growth of the regional market.
