Wearable Cardioverter Defibrillators Market Size, Industry
Analysis Report, Regional Outlook from 2017 to 2024.:
Global Market Insights Inc.
Wearable Cardioverter Defibrillators Industry is slated to witness a strong growth
owing to rapidly growing geriatric population. As per United Nations statistics, 2015,
the number of people over 60 years of age has increased significantly over the past few
years in most of regions, United Nations further projected that between 2015 and 2030,
the number of people over 60 years of age will grow by more than 55% from 901
million to 1.4 billion in 2030 globally.
Increasing incidence of cardiovascular disorders globally is another pivotal factor
driving the growth of wearable cardioverter defibrillators market. In the U.S., heart
disease is demonstrated to be the cause for one in three deaths in women and men and
is responsible for around 750, 000 fatalities annually. While, globally the deaths due to
cardiovascular diseases between 1990 and 2020 is projected to increase from 28.9% to
36.3%.
Apart from these various technological advances in the devices slated to happen in
future such as reducing the weight and size and weight devices further to make it more
comfortable for the patient, electrode noise reduction and improvement in signal to
reduce the event of inappropriate detections and shocks will contribute to market
growth.
Wearable cardioverter defibrillator devices have become increasingly popular, since
this device can be used in a situation where a patient is waiting for an implantable one
due to surgical contraindication and prevent the risk of cardiac arrest. The device can be
used by patient with recent myocardial infarction and left ventricular dysfunction, in an
event where there is no firm indication for installing implantable devices.
Various factors that tend to limit the projected growth of wearable cardioverter
defibrillators include less knowledge regarding sudden cardiac arrest, and limitations
faced by the devices such as lack of provision to monitor atrial arrhythmias.
By application, wearable cardioverter defibrillators market can be segmented into
peripartum cardiomyopathy, inherited arrythmias, and congenital heart disease. While
on the basis of end-user the market can be segmented into hospitals, homecare settings,
and specialty clinics.
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