Implantable Cardioverter-defibrillators Market: Size, Growth, Regional Analysis, And Market Analysis

Posted By : arorasurbhi on 2022-05-16   03:46:15    India
  Implantable Cardioverter-defibrillators Market


Implantable Cardioverter-defibrillators:

An implantable cardioverter-defibrillator (ICD) is a device that can do cardioversion, defibrillation, and correct cardiac pacing and is implanted inside the body. The ICD is used to treat cardiac arrhythmias, ventricular fibrillation, and pulseless ventricular tachycardia that cause sudden cardiac arrest. As a result, the gadget is capable of rectifying the majority of life-threatening cardiac arrhythmias. The procedure for implanting an ICD is similar to that of implanting a pacemaker. When the heart is beating dangerously rapidly, an ICD is used to stimulate the cardiac muscle with a high-energy shock in order to reestablish a normal rhythm.

Market Analysis:

The Implantable Cardioverter-defibrillators Market was worth USD 9.3 billion in 2019 and is expected to increase to USD 12.1 billion by 2027, with a CAGR of 3.34 percent from 2020 to 2027.

Demand for implantable defibrillators is predicted to rise globally due to a rapid increase in the geriatric population and an increase in the frequency of sudden cardiac arrest (SCA). However, market growth is expected to be hampered by reasons such as a lack of understanding about the benefits of utilizing implantable defibrillators, the high cost of implantable defibrillators, and unfavorable reimbursement policies. The increased demand for ICDs for patients with non ischemic cardiomyopathy lowers the risk of death by around 23%, presenting new potential for Implantable Cardioverter-defibrillators Market competitors.

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About Author

arorasurbhi Delhi India
I am a blogger and I write Report Oriented Blogs

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