According to FutureWise analysis the market for implantable defibrillators is expected to reach US$ 5.91 billion by 2031 at a CAGR of 5.52%.
An implantable cardioverter-defibrillator (ICD) is a small battery-operated device that detects and stops irregular heartbeats (arrhythmias). An ICD continuously monitors the heartbeat and delivers electric shocks, when necessary, to restore a regular heartbeat. Patients need an ICD if they have a dangerously fast heartbeat that prevents their heart from supplying enough blood to the rest of their bodies (such as ventricular tachycardia or ventricular fibrillation) or if they are at high risk of a heart rhythm problem (arrhythmia), usually due to a weak heart muscle. An ICD differs from a pacemaker, which is an implantable device that prevents dangerously slow heartbeats. The wires attached to the heart attach to a traditional ICD, which is implanted in the chest. An invasive surgery is required for the implant. Another option is a subcutaneous ICD (S-ICD), which is implanted under the skin below the armpit at the side of the chest. A lead runs along the breastbone to supply power to the device. A S-ICD is larger than a traditional ICD and attached to the body rather than the heart. The demand for implantable defibrillators is expected to increase globally owing to the rapid aging of the population and the increasing incidence of sudden cardiac arrest (SCA).
FutureWise Market Research has instantiated a report that provides an intricate analysis of Implantable Defibrillators Market trends that shall affect the overall market growth. Furthermore, it includes detailed information on the graph of profitability, SWOT analysis, market share and regional proliferation of this business. Moreover, the report offers insights on the current stature of prominent market players in the competitive landscape analysis of this market.
According to the research study conducted by FutureWise research analysts, the Implantable Defibrillators Market is anticipated to attain substantial growth by the end of the forecast period. The report explains that this business is predicted to register a noteworthy growth rate over the forecast period. This report provides crucial information pertaining to the total valuation that is presently held by this industry and it also lists the segmentation of the market along with the growth opportunities present across this business vertical.