Wearable Cardioverter Defibrillators Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2026


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The wearable cardioverter defibrillator has emerged as a treatment option for patients at high risk for life-threatening diseases such as ventricular tachyarrhythmias. Several large controlled studies backed its usage and efficacy for preventing sudden cardiac deaths (SCD). Additionally, it lowered the mortality in patients during a study of its effects due to ischemic cardiomyopathy (ICM) and an ejection fraction (EF) by 35% in the duration of 6 weeks after nonischemic cardiomyopathy (NICM). 

Benefits to the wearable cardioverter defibrillator market: 

  • However, several controversies are remained same over the optimal use of implantable cardioverter-defibrillator (ICDs) in primary prevention. This is augmenting the growth of the global wearable cardioverter defibrillator market. Additionally, the study was continued on near about 107 patients for near about 75 days through wearable cardioverter defibrillator. This showed its effectiveness and registered the rating below the International Classification of Diseases coding. Thus, the use of these devices is estimated to benefit the wearable cardioverter defibrillator market in coming years. 
  • Moreover, the wearable cardioverter defibrillator is a device used temporarily for the inhibition of SCD in some of the high-risk patients. However, only one wearable cardioverter defibrillator (WCD) is approved for clinical use; thus, the slower approvals and lack of clinical trials are restraining growth of the market. Additionally, current ESC guidelines endorse ICD implantation based on the NICM guidelines; also, it refers to WCD treatment. Thus, the players in the global wearable cardioverter defibrillator market require are estimated witness most lucrative opportunities in the coming years.

A wearable cardioverter defibrillator is a lightweight, easy to wear device worn by patients who are at a high risk of a sudden cardiac arrest (SCA). A wearable cardioverter defibrillator is an external device that mainly consist of two components, garment and monitor. The garment is worn under the clothing as a vest to continuously to monitor the heart and on detection of an arrhythmia, it releases a shock to restore heart’s normal rhythm. The monitor is worn around the shoulder using a shoulder strap or around the waist. It records the intensity of the arrhythmia. This whole process happens within a minute, as SCAs are unpredictable and need to be treated via a shock treatment to save victim’s life. A wearable cardioverter defibrillator is an alternative treatment method used to prevent SCAs in non-pacemaker-dependent patients who are awaiting an implant of a cardioverter defibrillator. 

According to the World Health Organization (WHO), cardiovascular diseases are a leading cause of mortality globally. These diseases account for 31% of total global mortality. According to the Sudden Cardiac Arrest Association, in the U.S., more than 325,000 people succumb to SCA each year and among those the survival rate is only 10%. According to the European Resuscitation Council, SCAs cause approximately 20% of all deaths in Europe. As per statistical projection of the United Nations (UN), the global number of people over the age of 60 years is projected to increase from 901 million in 2015 to 1.4 billion by 2030. 

Cardiac arrest is a public health issue, which has a severe impact on the wellbeing of human health. Prevalence of sudden cardiac arrest is directly proportional to the increasing population, worldwide. Rapid growth in the global geriatric population and rise in the number of sudden cardiac arrest cases are driving the wearable cardioverter defibrillators market. Increasing per capita income of people, rising awareness about cardiac diseases and cardiac arrests are fuelling the wearable cardioverter defibrillators market in developing countries. Technological advancements in wearable cardioverter defibrillator devices, such as reduction in the noise of electrodes, improvements in signal detection, weight and size reduction of the device to make it more comfortable for the patient, is another key factor boosting the wearable cardioverter defibrillators market. However, less awareness about the wearable cardioverter defibrillator device in developing countries and device lacking potential to detect atrial arrhythmia signals are key restrains of the market. 

The global wearable cardioverter defibrillators market can be segmented based on application, end-user, and region. In terms of application, the market can be segregated into congenital heart diseases, inherited arrhythmias, and peripartum cardiomyopathy. Based on end-user, the wearable cardioverter defibrillators market can be divided into clinics, hospitals, and home care settings, and others. 

In terms of region, the global wearable cardioverter defibrillators market can be categorized into North America, Europe, Latin America, Asia Pacific, and Middle East & Africa. North America accounts for a dominant share in the global wearable cardioverter defibrillators market owing to the increase in awareness among the people regarding sudden cardiac arrests and wearable cardioverter defibrillator devices. Europe constitutes a large share of the market due to technological advancements and rise in the number of cardiac arrest and SCA incidences in the region. The market in Asia Pacific is expanding at a rapid pace owing to the increase in government support, rise in health care expenditure, and surge in per capita income. Increasing demand for wearable cardioverter defibrillator devices in Asia Pacific due to Rise in awareness about these devices, government support, rise in per capita income are some of the factors likely to fuels the market in the region. 

Prominent players in the global wearable cardioverter defibrillators market include Medtronic, Cardiac Science, LivaNova, Boston Scientific Corporation, St. Jude Medical LLC, Koninklijke Philips N.V., Nihon Kohden Corporation, Defibtech LLC, and Physio-Control Inc.

MRR.BIZ has been compiled in-depth market research data in the report after exhaustive primary and secondary research. Our team of able, experienced in-house analysts has collated the information through personal interviews and study of industry databases, journals, and reputable paid sources.

The report provides the following information:

  • Tailwinds and headwinds molding the market’s trajectory
  • Market segments based on products, technology, and applications
  • Prospects of each segment
  • Overall current and possible future size of the market
  • Growth pace of the market
  • Competitive landscape and key players’ strategies

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  • Assess the overall growth scope in the near term
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