An implantable defibrillator is a small battery-powered device that is implanted in a patient’s chest and monitors the patient’s heart. The implantable defibrillator device is made up of thin wires that connect the defibrillator to the patient’s heart and constantly monitors the patient’s heart rate. If the patient’s heartbeat is abnormal, the implantable defibrillator sends an electrical impulse to restore normal heart rhythm.
Implantable defibrillators can save the lives of patients who have a history of ventricular tachycardia and arrhythmias. An implantable defibrillator is made up of a pulse generator, which is a battery-powered electronic circuit, and one or more electrode leads that are inserted into the patient’s heart via a vein.
Pacing, cardioversion, and defibrillation are the three principles that the implantable defibrillator operates on. Pacing causes a small electrical discharge in cases of mild irregularities in the heart rhythm, whereas cardioversion works when a more serious problem occurs. The principle of defibrillation is the use of the most powerful electrical impulse to restore normal heartbeat.
Implantable defibrillators are used in the treatment of sudden cardiac arrest caused by ventricular fibrillation and cardiac arrhythmias, particularly pulseless ventricular tachycardia. A ventricular arrhythmia, heart attack, sudden cardiac arrest, or congenital heart disease may necessitate the use of an implantable defibrillator.
In the global market, new and more advanced versions of implantable defibrillators are being introduced, which are simply placed beneath the skin outside the ribcage and do not need to be recharged.
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Every year, approximately 735,000 Americans have a heart attack, according to the Centers for Disease Control (CDC). 525,000 of these people have their first heart attack, while 210,000 have their second heart attack. According to the Heart Foundation, heart disease was responsible for approximately 43,602 deaths in Australia in 2013.
Stroke occurs 150,000 times per year in the United Kingdom, and there are an estimated 1.2 million stroke survivors. According to the Stroke Association of the United Kingdom, these factors resulted in increased demand for implantable defibrillators worldwide in 2014. Increasing incidences and awareness of cardiovascular diseases in the Asia Pacific region will drive market growth during the forecast period.
Due to increased cardiac surgeries, improved hospital infrastructure, and increased hospital adoption of sophisticated and advanced technologies, hospitals are expected to dominate the global implantable defibrillator market in terms of value.
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Because of the availability of reimbursement policies for surgical procedures and increased demand for implantable defibrillators, North America dominated the global market for implantable defibrillators in terms of value and volume. Increasing incidences of cardiovascular diseases due to changing lifestyles and an ageing population in the APEJ region are expected to drive market growth.
Implantable Defibrillator Market: Key PlayersBoston Scientific Corporation, LivaNova PLC Company, MicroPort Scientific Corporation, Mayo Clinic US, Imricor Medical Systems, Inc., Medtronic plc, MRI Interventions, Inc., and St. Jude Medical, Inc. are some of the key players in the global Implantable Defibrillator market.
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Implantable Defibrillator Market: SegmentationThe global Implantable Defibrillator market is classified on the basis of product type, procedure type, end user, and geography.
Based on product type, the global Implantable Defibrillator market is segmented into the following:
- Single ChamberedImplantable Defibrillators
- Dual Chambered Implantable Defibrillators
- Biventricular Implantable Defibrillators
Based on procedure type, the global Implantable Defibrillator market is segmented into the following:
- Trans-Venous Implantable Defibrillators
- Subcutaneous Implantable Defibrillators
Based on end user, the global Implantable Defibrillator market is segmented into the following:
- Hospitals
- Specialty Clinics
- Ambulatory Surgical Centers
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