Implantable Cardiac Defibrillator Market Trends – High Prevalence of Heart Disease
VANCOUVER, BC, CANADA, Nov 5, 2021 /EINPresswire.com/ – The Implantable Cardiac Defibrillator Market applies qualitative and quantitative data analysis to present an overview of future adjacencies around the Implantable Cardiac Defibrillator industry for the period of Forecast, 2021-2028, The report offers a comprehensive assessment of recent technological developments, product advancements, current and emerging trends, key statistical data, forecast estimates, and major companies operating in the market. The report covers the impact of the pandemic on the Implantable Cardiac Defibrillator industry with particular emphasis on the affected key segments of the industry.
The implantable cardiac defibrillator (ICD) market size is expected to reach USD 8.81 billion at a stable CAGR of 2.7% in 2028, according to the latest analysis from Emergen Research. The market for automatic implantable defibrillators is growing due to an increase in the prevalence of heart disease. The increase in risk factors like obesity and increase in sedentary lifestyle are other key factors driving the growth of the AID market.
The Implantable Cardioverter Defibrillator is a small, battery-powered device placed on an individual’s chest to monitor heart rate and detect abnormal heartbeats. The device can deliver electric shocks via wires to correct cardiac arrhythmias. The increasing prevalence of cardiovascular disease and increasing global geriatric population are factors that are fueling the growth of the market to a large extent. The emergence of an MRI-compatible implantable cardioverter defibrillator is also expected to contribute to the market revenue growth. The upsurge in the adoption of subcutaneous DAIs due to various benefits is also expected to fuel the market revenue growth.
Many healthcare facilities are rapidly adopting advanced technologies in their patient monitoring programs. The latest generation of ICD is compatible with automated, web-based remote monitoring systems. The integration of machine learning (ML) and artificial intelligence (AI) with these technologies is expected to continue to support the market revenue growth. However, the high cost of DAIs and low awareness of the benefits of such devices are expected to dampen the market revenue growth to some extent. The risk of device malfunction is also a factor that is expected to hamper the growth of the market.
The comprehensive study regarding market share, growth and size enables stakeholders, business owners and field marketing staff to gain unique insight into the current business environment in order to offer a competitive advantage over the giants. An in-depth analysis of past, present, and future industry trends included in the Market Intelligence report reveals a lot about the strategic capabilities that business owners can harness to gain a solid foothold in the business world. .
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The research study presents an industry-wide summary of the Implantable Cardiac Defibrillator Market including drivers, restraints, technological advancements, product developments, limitations, growth strategies, prospects for growth, etc., among others. The Global Implantable Cardiac Defibrillators Research Report is an investigative study of the market that offers key statistical data regarding the market size, market share, revenue growth, and CAGR over the forecast period 2021 -2028.
The research report offers in-depth information on company profiles as well as their production values, production capacity, product portfolio, strategic plans such as mergers and acquisitions, joint ventures, collaborations, launches product and brand promotions, government and corporate agreements, among others. The report further offers a comprehensive SWOT analysis and Porter’s five forces analysis to offer a better understanding of the industry competitive landscape.
Main actors presented in the report:
Boston Scientific Corporation, Abbott Laboratories, Biotronik, Medtronic PLC, LivaNova PLC, MicroPort, Sorin Group, Koninklijke Philips NV, Fukuda Denshi Co. Ltd. and Physio-Control, Inc.
The Global Implantable Cardiac Defibrillator Market report covers the analysis of drivers, trends, limitations, restraints, and challenges occurring in the Implantable Cardiac Defibrillator Market. The report also discusses the impact of various other market factors affecting the growth of the market in various segments and regions. The report segments the market on the basis of types, applications, and regions to give a better understanding of the Implantable Cardiac Defibrillator market.
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)
Single chamber ICD
Double room DAI
CRT-D (cardiac resynchronization therapy-defibrillator)
End-Use Channel Outlook (Revenue, USD Billion; 2018-2028)
Hospitals and clinics
Ambulatory surgery centers
The report analyzes the market on the basis of different categories such as product types, end-user applications, and major geographies. It offers key insights into the factors that are expected to influence the growth of the segments and sub-segments.
Major regions include North America, Latin America, Europe, Asia-Pacific, Middle East, and Africa. The report studies the market in these regions on the basis of demand and trends, consumer behavior and preferences, government initiatives and regulatory framework, economic growth, technological developments, supply and demand. demand, production and consumption models, import / export and the presence of key players in each region.
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The detailed regional analysis covers:
North America (United States, Canada)
Europe (UK, Italy, Germany, France, rest of the EU)
Asia-Pacific (India, Japan, China, South Korea, Australia, rest of APAC)
Latin America (Chile, Brazil, Argentina, rest of Latin America)
Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa, Rest of MEA)
The report shows the progress made by the global Implantable Cardiac Defibrillator Market including historical analysis and progress over the forecast years. The report provides valuable information to stakeholders, investors, product managers, marketers, and other industry professionals. The report provides an accurate estimate by applying SWOT analysis and Porter’s five forces analysis. The report focuses on current and future market growth, technological advancements, volume, raw materials, and profiles of key companies involved in the market.
Key Benefits of Buying Global Implantable Cardiac Defibrillators Report:
Comprehensive analysis of the changing competitive landscape
Help with decision-making processes for companies as well as detailed strategic planning methodologies
Report Offers 8-Year Forecast and Assessment of Global Implantable Cardiac Defibrillators Market
Help understand key product segments and their estimated growth rate
In-depth analysis of market drivers, restraints, trends and opportunities
Comprehensive regional analysis of Global Implantable Cardiac Defibrillators Market
In-depth profiling of the main stakeholders in the commercial sphere
Detailed analysis of factors influencing the growth of the global implantable cardiac defibrillators market
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Chapter 1. Methodology and sources
1.1. Market definition
1.2. Scope of research
1.4. Research sources
1.4.3. Paid sources
1.5. Market estimation technique
Chapter 2. Executive summary
2.1. Summary overview, 2020-2028
Chapter 3. Main information
Chapter 4. Implantable Cardiac Defibrillator Market Segmentation and Impact Analysis
4.1. Implantable Cardiac Defibrillator Market Segmentation Analysis
4.2. Industrial outlook
4.2.1. Analysis of market indicators
4.2.2. Market driver analysis
126.96.36.199. Growing focus on providing publicly accessible defibrillators
188.8.131.52. Increased incidence of target diseases
4.2.3. Analysis of market constraints
184.108.40.206. Problems With Using 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 assessment
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