Global Implantable Cardioverter Defibrillators (ICD) Market 2018-2022
| Published: Dec 2018 | Pages: 113 | SKU: IRTNTR23814 |
Below are some of the key findings from the implantable cardioverter defibrillators (ICD) market research report:
See the complete table of contents and list of exhibits, as well as selected illustrations and example pages from this report.
Get a FREE sample now!
Global implantable cardioverter defibrillators (ICD) industry overview
Globally, there has been an alarming increase in the prevalence of cardiac arrhythmias. This can be attributed to several factors such as growing geriatric population, and other associated risk factors of CVDs such as smoking, obesity, blood pressure, and alcohol consumption. Therefore, the rising prevalence of cardiac arrhythmias will increase the demand for cardiac implants, which will fuel the growth of the ICD market during the forecast period. The number of ICD interventions has significantly increased in the recent decade due to the proven efficacy of these devices in preventing SCDs in selected populations.
Technological advances will be one of the key trends that will positively impact the ICD market during the forecast period. Technological advances such as the development of MRI safe ICDs, improvements in patient monitoring to avoid needless shocks, and the introduction of quadripolar lead devices have significantly improved the reliability and effectiveness of ICDs. Further, vendors are introducing advanced features in their ICDs to reduce the incidence of shocks. For instance, Medtronic's Evera MRI ICD is equipped with SmartShock 2.0, a shock reduction algorithm that enables the device to differentiate between dangerous and harmless heart rhythms accurately. Such advances in technology will boost the demand for ICDs during the forecast period.
Top implantable cardioverter defibrillators (ICD) companies covered in this market research report
The implantable cardioverter defibrillators (ICD) market is highly concentrated. By offering a complete analysis of the market’s competitive landscape and with information on the products offered by the companies, this implantable cardioverter defibrillator (ICD) industry analysis report will aid clients identify and design new growth strategies.
The report offers a complete analysis of various companies including:
- Abbott
- BIOTRONIK
- Boston Scientific
- Medtronic
Implantable cardioverter defibrillators (ICD) market segmentation based on geographic regions
- Americas
- APAC
- EMEA
With a complete study of the growth opportunities for the companies, the Americas will account for the highest ICD market share throughout the forecast period. This can be attributed to several factors such as access to advanced ICDs, the high prevalence of cardiac arrhythmias and its related risk factors and awareness about technologically advanced ICDs.
Implantable cardioverter defibrillators (ICD) market segmentation based on product
- Regular ICD
- Cardiac resynchronization therapy defibrillators (CRT-D)
- Subcutaneous-ICD (S-ICD)
The regular ICD segment will account for the largest share of the ICD market. Additionally, the report also provides an accurate prediction of the contribution of all the various products segments to the growth of the implantable cardioverter defibrillators (ICD) market size.
Key highlights of the global implantable cardioverter defibrillators (ICD) market for the forecast years 2018-2022:
- CAGR of the market during the forecast period 2018-2022
- Detailed information on factors that will accelerate the growth of the implantable cardioverter defibrillators (ICD) market during the next five years
- Precise estimation of the global implantable cardioverter defibrillators (ICD) market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- Growth of the implantable cardioverter defibrillators (ICD) industry across the Americas, APAC, and EMEA
- A thorough analysis of the market’s competitive landscape and detailed information on several vendors
- Comprehensive details on the factors that will challenge the growth of implantable cardioverter defibrillators (ICD) companies
We can help! Our analysts can customize this market research report to meet your requirements. Get in touch
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Market segmentation analysis
PART 05: MARKET SIZING
- Market definition
- Market sizing 2017
- Market size and forecast 2017-2022
PART 06: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 07: MARKET SEGMENTATION BY PRODUCT
- Segmentation by product
- Comparison by product
- Regular ICD
- CRT-D
- S-ICD
- Market opportunity by product
PART 08: MARKET SEGMENTATION BY END-USER
- Hospitals and clinics
- ASCs
PART 09: CUSTOMER LANDSCAPE
PART 10: REGIONAL LANDSCAPE
- Geographical segmentation
- Regional comparison
- ICD market in Americas
- ICD market in EMEA
- ICD market in APAC
- Market opportunity
PART 11: DECISION FRAMEWORK
PART 12: DRIVERS AND CHALLENGES
- Market drivers
- Market challenges
PART 13: MARKET TRENDS
- Technological advances
- Increasing popularity of remote monitoring and follow-up of ICDs
PART 14: VENDOR LANDSCAPE
- Overview
- Landscape disruption
PART 15: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Abbott
- BIOTRONIK
- Boston Scientific
- Medtronic
PART 16: APPENDIX
- List of abbreviations
PART 17: EXPLORE TECHNAVIO
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
- Manufacturers and suppliers
- Channel partners
- Industry experts
- Strategic decision makers
Secondary sources
- Industry journals and periodicals
- Government data
- Financial reports of key industry players
- Historical data
- Press releases
DATA ANALYSIS
Data Synthesis
- Collation of data
- Estimation of key figures
- Analysis of derived insights
Data Validation
- Triangulation with data models
- Reference against proprietary databases
- Corroboration with industry experts
REPORT WRITING
Qualitative
- Market drivers
- Market challenges
- Market trends
- Five forces analysis
Quantitative
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
PURCHASE FULL REPORT OF
market
Key Questions Answered
- What are the key global market and the regional market share?
- What are the revenue-generating key market segments?
- What are the key factors driving and challenging this market’s growth?
- Who are the key market vendors and their growth strategies?
- What are the latest trends influencing the growth of this market?
- What are the variables influencing the market growth in the primary regions?
- What are the factors influencing the growth of the parent market?
Why should you prefer Technavio's market insights report?
- Off-the-shelf research reports
- Reports can be tailored to meet the customer's needs
- Trusted by more than 100 fortune 500 organizations
- Information about the market's key drivers, trends, and challenges
- Parent market analysis
- Every week, 50,000 people visit our subscription platform
- Detailed vendors report with competitive landscape
- Covid-19 impact and recovery analysis
- Data on revenue-generating market segments
- Details on the market shares of various regions
- Five-force market analysis