Monday 30 July 2018

Growth of Pacemakers and Implantable Cardioverter Defibrillators (ICDs) Market in Global Industry : Research and Forecast 2018-2025

ResearchMoz presents professional and in-depth study of "Pacemakers and Implantable Cardioverter Defibrillators (ICDs) Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025".

A pacemaker is a small medical device mostly placed in the chest area just under the collarbone. This device helps to regulate or start a slow heartbeat by sending electrical signals.

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A pacemaker can be used when the SA node (natural pacemaker) is unable to work properly resulting in slow or decrease in heart rate or rhythm. An implantable cardioverter defibrillator (ICD) is a similar looking medical device to a pacemaker. It is slightly larger than pacemaker. However, the implantable cardioverter defibrillator can send or provide a low-energy shock that helps to normalize the abnormal heartbeat. ICD can send a high-energy shock in case of severe cardiac disorders such as arrhythmia. Pacemakers and implantable cardioverter defibrillators play an important role in the management of patients having cardiac conditions such as heart failure, heart attack (myocardial infarction), arrhythmia, and long QT syndrome. These devices do not treat the disease, but help in maintaining normal heart rate, thereby preventing sudden cardiac deaths.

The global pacemakers and implantable cardioverter defibrillators (ICDs) market is expected to grow at a rapid pace due to rise in incidence of cardiovascular diseases, increase in population, and surge in the global geriatric population. The Pacemakers and Implantable Cardioverter Defibrillators (ICDs) Market is expected to witness strong growth in countries such as India, China, Brazil, and other emerging countries.

The global pacemakers and implantable cardioverter defibrillators (ICDs) market can be segmented based on product type, application, end-user, and region. In terms of product type, the Pacemakers and Implantable Cardioverter Defibrillators (ICDs) Market can be categorized into pacemakers (single chamber implantable pacemakers, dual chamber implantable pacemakers, and biventricular pacemakers) and implantable cardioverter defibrillators (single chamber ICDs, dual chamber ICDs, and biventricular ICDs). Based on application, the global pacemakers and implantable cardioverter defibrillators (ICDs) market can be classified into arrhythmia, atrial fibrillation, heart block, and others. Based on end-user, the Pacemakers and Implantable Cardioverter Defibrillators (ICDs) Market can be divided into hospitals, specialty clinics & cardiac centers, ambulatory centers, and others.

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Geographically, the global pacemakers and implantable cardioverter defibrillators (ICDs) market can be segmented into North America, Europe, Latin America, Asia Pacific, and Middle East & Africa. Each region is sub-divided into specific countries/sub-region such as the U.S., Canada, Germany, U.K., Brazil, China, India, Japan, and GCC Countries. North America dominated the global pacemakers and implantable cardioverter defibrillators (ICDs) market because of large investments in R&D and advanced products development. According to the Centers for Disease Control and Prevention, 2.7 million people are living with atrial fibrillation in the U.S. and the number increases with respect to the geriatric population. In the U.S., approximately 2% people aged less than 65 and 9% people aged over 65 suffer from atrial fibrillation. Asia Pacific is considered to be the most attractive Pacemakers and Implantable Cardioverter Defibrillators (ICDs) Market during the forecast period due to rise in health care expenditure and rapidly increasing prevalence of various cardiac diseases.

Key players operating in the global pacemakers and implantable cardioverter defibrillators (ICDs) market are Medtronic, Boston Scientific, ZOLL Medical Corp., Asahi Kasei Corp., Nihon Kohden Corp., Shree Pacetronix Ltd., St. Jude Medical, Inc., BIOTRONIK SE & Co. KG, EBR Systems, Inc., MEDICO S.p.A., Osypka Medical GmbH, and Physio-Control Corp., among others. These players have adopted various strategies such as collaborations, partnerships, agreements, and new product launches to gain competitive advantage in the market.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

    Market segments and sub-segments
    Market trends and dynamics
    Supply and demand
    Market size
    Current trends/opportunities/challenges
    Competitive landscape
    Technological breakthroughs
    Value chain and stakeholder analysis

The regional analysis covers:

    North America (U.S. and Canada)
    Latin America (Mexico, Brazil, Peru, Chile, and others)
    Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
    Eastern Europe (Poland and Russia)
    Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
    Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

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Highlights of the report:

    A complete backdrop analysis, which includes an assessment of the parent market
    Important changes in market dynamics
    Market segmentation up to the second or third level
    Historical, current, and projected size of the market from the standpoint of both value and volume
    Reporting and evaluation of recent industry developments
    Market shares and strategies of key players
    Emerging niche segments and regional markets
    An objective assessment of the trajectory of the market
    Recommendations to companies for strengthening their foothold in the market

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