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Implantable Defibrillators

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<strong>Implantable</strong><br />

<strong>Defibrillators</strong><br />

Market<br />

Opportunities and<br />

Forecasts, 2014- 2022


<strong>Implantable</strong> <strong>Defibrillators</strong> Market: Future and<br />

Growth<br />

• <strong>Implantable</strong> <strong>Defibrillators</strong> Market was valued at $6,006 million<br />

in 2015 and is expected to garner $8,449 million by 2022<br />

• Registering a CAGR of 4.9% during the forecast period 2016 –<br />

2022<br />

• Transvenous implantable cardioverter defibrillators (T-ICDs)<br />

segment accounted for more than half of the global market in<br />

2015.<br />

• CRT-D is projected to lead the market, reaching 1,127 thousand<br />

units by 2022, registering a CAGR of 8.9%


<strong>Implantable</strong> <strong>Defibrillators</strong> Market: Factors<br />

Contributing to Market Growth<br />

• Surge in geriatric population; increase in prevalence of chronic<br />

health conditions such as cardiac arrhythmia, ventricular<br />

fibrillation, and pulseless ventricular tachycardia, growth in<br />

preference for S-ICDs<br />

• Rise in awareness among patients about implantable<br />

defibrillators<br />

• Rise in demand for ICDs for patients with nonischemic<br />

cardiomyopathy reduces the risk of mortality to about 23%<br />

• Emergence of new technologies


<strong>Implantable</strong> <strong>Defibrillators</strong> Market: Key Factors<br />

• In 2015, T-ICDs led the overall implantable defibrillator market<br />

revenue, and is projected to grow at a CAGR of 4.9% during the<br />

forecast period.<br />

• The CRT-D segment occupied the highest share in 2015, and is<br />

expected to grow at a CAGR of 8.9%, in terms of volume.<br />

• North America was the leading consumer of implantable<br />

defibrillators in 2015, both in terms of value and volume,<br />

followed by Europe.<br />

• Japan is expected to lead market in the Asia-Pacific region,<br />

growing at a CAGR 6.2%.


<strong>Implantable</strong> <strong>Defibrillators</strong>: Segmentation of<br />

the Market<br />

By Product Type<br />

Subcutaneous <strong>Implantable</strong> Cardioverter<br />

<strong>Defibrillators</strong> (S-ICDS)<br />

Transvenous <strong>Implantable</strong> Cardioverter-<br />

Defibrillator (T-ICDs)<br />

Cardiac Resynchronization Therapy<br />

Defibrillator (CRT-D)


<strong>Implantable</strong> <strong>Defibrillators</strong>: Segmentation of<br />

the Market<br />

• North America led the global market in 2015, and is expected<br />

to maintain its dominance during the forecast period.<br />

• Japan is expected to lead market in the Asia-Pacific region<br />

• The other regions generating revenue for the market are:<br />

Europe and LAMEA regions


<strong>Implantable</strong> <strong>Defibrillators</strong> Market: Key Players<br />

Key Players of the Market are:<br />

• Boston Scientific Corporation<br />

• LivaNova PLC Company<br />

• Imricor Medical Systems<br />

• MicroPort Scientific Corporation<br />

• Mayo Clinic US<br />

• Medtronic plc<br />

• MRI Interventions<br />

• Inc., St. Jude Medical<br />

• Inc., Biotronik Se<br />

• Co.KG, and Sorin Group.


Summary:<br />

Rise in the incidence of heart disorders and advancement in the<br />

technology such as S-ICDs developed as an alternative to<br />

conventional T-ICDs with less potential hazards drive the market<br />

growth.<br />

To know more about <strong>Implantable</strong> <strong>Defibrillators</strong> Market, visit:<br />

https://www.alliedmarketresearch.com/implantable-defibrillators-market<br />

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