Implantable Defibrillators Market byType (Single Chambered, Double Chambered, Biventricular Chambered), Procedure Type (Transvenous Implantable Cardioverter-Defibrillator (T-ICDs), Subcutaneous Implantable Cardioverter Defibrillators (S-ICDS), Cardia

"Market Definition:
The global implantable defibrillator market was valued at USD 7.35 billion in 2019 and is predicted to reach USD 11.44 billion by 2030 with a CAGR of 4.1% from 2020-2030.
Implantable defibrillator is a tiny battery powered device implanted in the chest of a patient in order to monitor his heart conditions. The device is connected to the heart of the patient through a thin wire so that it can continuously monitor the patient’s heart rate and send electrical impulses to restore the normal heart rhythm in case any abnormality is detected. It is very useful in treating sudden cardiac arrest caused due to ventricular fibrillation, cardiac arrhythmias, especially in cases of pulseless ventricular tachycardia.
Market Dynamics and Trends
According to Centers of Disease Control (CDC), around 735,000 Americans suffer a heart attack every year, out of these 525,000 have the attack for the first time, while 210,000 have second incidences of the heart attack. In the U.K., stroke occurs every 100,000 times a year, and there were an estimated 1.2 Mn stroke survivors in the U.K. in 2018, according to Stroke association of U.K. Factors such as increased incidence of sudden cardiac arrest (SCA), introduction of technologically advanced implantable defibrillators and the rising geriatric population around the world are majorly driving the implantable defibrillators market. However, limited insurance coverage, high cost and lack of awareness towards the advantage of using implantable defibrillators are hampering the growth of the implantable defibrillators market.
Market Segmentations and Scope of the Study:
The implantable defibrillators market is segmented on the basis of product type and geography.

On the basis of product

type, the market is segmented into transvenous implantable cardioverter-defibrillator (T-ICDs), subcutaneous implantable cardioverter defibrillators (S-ICDs), and cardiac resynchronization therapy defibrillator (CRT-D). Also, the geographic breakdown and analysis of each of the aforesaid segments include regions comprising North America, Europe, Asia-Pacific, and ROW.
Geographical Analysis
North America denotes higher adoption of the implantable defibrillators and is anticipated to hold the highest implantable defibrillators market share during the forecast period. This is attributable to the factors including the rapid developments of its healthcare infrastructure, high R&D investments, high consumer awareness, increasing incidences of cardiovascular diseases, and increased demand for implantable defibrillators.
It is expected that the emerging economies, specifically in the Asia-Pacific region would witness increasing market size owing to improvement in the healthcare facilities, and increasing cardiac disorders, arrhythmias, & sudden cardiac arrest diseases due to the changing lifestyle and rising levels of pollution in countries like China, India and others.

Competitive Landscape

Comprehensive competitive analysis and profiles of the major market players such as LivaNova PLC Company, Imricor Medical Systems, Mayo Clinic US, Medtronic plc, MRI Interventions, Inc., Boston Scientific Corporation, MicroPort Scientific Corporation, St. Jude Medical, Inc., Biotronik Se & Co.KG, Sorin Group, and others are provided in the implantable defibrillators market report.
• Global Implantable Defibrillators Market – By Product Type
o Transvenous Implantable Cardioverter-Defibrillator (T-ICDs)
o Subcutaneous Implantable Cardioverter Defibrillators (S-ICDs)
o Cardiac Resynchronization Therapy Defibrillator (CRT-D)

• Global Implantable Defibrillators Market –By Geography
o North America
 U.S.
 Canada
 Mexico
o Europe
 UK
 Germany
 France
 Italy
 Spain
 Rest of Europe
o Asia-Pacific
 China
 India
 Japan
 Australia
 Rest of Asia-Pacific
o RoW
 Brazil
 Argentina
 Egypt
 Israel
 South Africa
 Remaining Countries"

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