Cardiovascular devices are used in treating diseases related to the heart and the circulatory system. Cardiac Rhythm Management (CRM) devices are those devices which are used to restore the natural synchronized pumping rhythm of the heart. An implantable cardioverter defibrillator (ICD) is an electronic device that monitors the heart’s rhythm and delivers electric pulses if it detects an arrhythmia (irregular heartbeat) to restore the heart’s natural rhythm. GlobalData uses proprietary data and analytics to provide a comprehensive report on the implantable cardioverter defibrillators market in Switzerland. Buy the latest report here.
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In 2022, GlobalData’s Market Model methodology determined that the leading player in the implantable cardioverter defibrillators market in Switzerland was Abbott Laboratories followed by Biotronik SE & Co, Boston Scientific and Medtronic.
Understanding market size can be crucial to evaluate opportunities and make informed decisions about market entry and exit. Medical device companies can identify attractive segments in respective markets as well as develop marketing strategies based on forecasts for those segments.
ICDs contain three main components: a pulse generator, electrodes, and leads. However, the devices can also be leadless. Single Chamber ICD, Dual Chamber ICD and Subcutaneous ICD are tracked under this segment. A single chamber ICD attaches to one chamber of the heart i.e. , right ventricle, and monitors the electrical activity of that chamber. A dual chamber ICD monitors the electrical activity in two chambers of the heart (an atrium and a ventricle) and delivers electric pulses to one or both chambers in the event of an arrhythmia. The subcutaneous ICD (S-ICD) also known as leadless ICDs consists of an electrode and a pulse generator which functions without the placement of the electrical wires (leads) in the heart.
The implantable cardioverter defibrillators market in Switzerland can expand or contract due to a variety of reasons including population demographics, disease incidence and prevalence, macroeconomic issues, and geopolitical considerations. Disruption to a market could be caused by a sudden, unexpected change in these factors, but it could also be driven by changes in clinical practice, leading to a change in diagnosis or treatment of patients, as part of a process to generally improve medical practice.
For the latest analysis of the market size implantable cardioverter defibrillators in Switzerland, buy the report here.
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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.
GlobalData’s Medical Intelligence Center Market Models are the gold standard of medical device market valuation, company share estimation and market trend forecasting. GlobalData uses a patient-based forecast model or installed base methodology to determine the market size for therapeutic indications and capital equipment expenditures. Estimates are based on a number of sources, including primary research—KOL and industry contact interviews—and secondary research, such as company reports, press releases, published articles, proprietary databases, and general news media.
