Market Overview:
The global pacemakers and implantable cardioverter defibrillators (ICDs) market is expected to register a CAGR of 5.8% during the forecast period, 2018-2030. The growth in this market can be attributed to the increasing prevalence of cardiovascular diseases, technological advancements in pacemaker and ICD devices, and rising geriatric population. Based on type, the global pacemakers and ICDs market is segmented into hinged lid EPS foam containers and open cell EPS foam containers. The hinged lid EPS foam container segment is expected to account for a larger share of the global market during the forecast period. This can be attributed to its properties such as high insulation value, good thermal conductivity, low water absorption rate, light weighting ability etc., which make it suitable for packaging food items that need to be stored at low or high temperatures. On the basis of application, the global pacemakers and ICDs market is segmented into foodservice industry; electronics industry; pharmaceuticals industry; bakery products industry; meat & eggs (poultry) industry; seafood industry. The foodservice sector accounted for a major share of this market in 2017 owing to an increase in demand from restaurants & hotels across different geographies. However, with growing awareness about healthy eating habits among consumers worldwide coupled with stringent regulations governing processed foods by various governments across regions are likely hamper growth prospects of this sector over the forecast period .
 Industry Outlook.svg)
Product Definition:
Pacemakers and implantable cardioverter defibrillators (ICDs) are devices that help control abnormal heart rhythms. Pacemakers are small, battery-operated devices that are implanted under the skin in the upper chest. ICDs also are small, battery-operated devices, but they also have a shock delivery system. ICDs are implanted just below the collarbone. Both pacemakers and ICDs deliver electrical shocks to the heart to help restore a normal heartbeat.
Hinged lid EPS foam containers:
Hinged lid EPS foam containers, it's usage and growth factor in Pacemakers and Implantable Cardioverter Defibrillators (ICDs) market? Hinge-lid container is a special type of packaging that is used to store the defibrillator device. The main function of this device is to deliver an electric shock for the treatment of cardiac arrest.
Open Cell EPS foam containers:
Open cell expanded polystyrene foam containers are used in pacemakers and ICDs market owing to properties such as low thermal expansion, high insulation, and excellent mechanical strength.
Application Insights:
The foodservice application segment dominated the global pacemakers and ICDs market in 2017. The segment is expected to witness significant growth over the forecast period owing to an increase in demand for cardiac care management among restaurants, hotels, and other food services. Furthermore, a rise in healthcare awareness among consumers will also boost product adoption.
The electronics sector is also anticipated to witness considerable growth during the forecast period due to an increase in usage of advanced technology products such as ICDs that are small enough for patients to carry at their own convenience without any assistance from medical professionals or caregivers. Moreover, these devices have been designed with user-friendly features that make them easy for patients suffering from cardiac disorders or pacemakers implantsation owners/operators) themselves) perform daily activities such as eating meals away from home without any difficulty caused by device failure or discomfort experienced while sleeping due to its large size (ICD Size Matters).
Regional Analysis:
North America pacemakers and ICDs market is anticipated to witness a CAGR of XX% over the forecast period owing to the presence of favorable government initiatives, high healthcare expenditure, technological advancements in devices and treatment procedures as well as an increase in awareness levels amongst patients.
Asia Pacific is expected to be one of the fastest growing regions due to factors such as increasing geriatric population, rising disposable income coupled with improving lifestyle habits such as smoking cessation & diet modification which increases risks for cardiac disorders. Moreover, economic development has led to improvement in living standards which has resulted into increased demand for consumer electronics including pacemakers & ICDs products from countries like China & Japan. Increasing cases of cardiac arrests are also driving growth across this region especially during calamities when conventional medical facilities are unavailable or inadequate resulting into higher death rates due to lack of timely intervention/treatment leading towards demand for pacemakers and implantable cardioverter defibrillators (ICDs).
Growth Factors:
- Increasing incidence of cardiovascular diseases (CVDs)
- Growing geriatric population
- Rising awareness about the benefits of pacemakers and ICDs
- Technological advancements in pacemaker and ICD devices
- Government initiatives to promote the use of pacemakers and ICDs
Scope Of The Report
Report Attributes
Report Details
Report Title
Pacemakers and Implantable Cardioverter Defibrillators (ICDs) Market Research Report
By Type
Hinged lid EPS foam containers, Open Cell EPS foam containers
By Application
Foodservice, Electronics, Pharmaceuticals, Bakery Products, Meat and Eggs (Poultry), Seafood
By Companies
Alpek, Kaneka Cooperation, Synthos Chemical Innovations, Dabo Precision Co., Nuova Idropress, Atlas EPS, KBM, BASF SE, ACH Foam Technologies, LLC, SUNPOR KUNSTSTOFF GmbH
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
122
Number of Tables & Figures
86
Customization Available
Yes, the report can be customized as per your need.
Global Pacemakers and Implantable Cardioverter Defibrillators (ICDs) Market Report Segments:
The global Pacemakers and Implantable Cardioverter Defibrillators (ICDs) market is segmented on the basis of:
Types
Hinged lid EPS foam containers, Open Cell EPS foam containers
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Foodservice, Electronics, Pharmaceuticals, Bakery Products, Meat and Eggs (Poultry), Seafood
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Alpek
- Kaneka Cooperation
- Synthos Chemical Innovations
- Dabo Precision Co.
- Nuova Idropress
- Atlas EPS
- KBM
- BASF SE
- ACH Foam Technologies, LLC
- SUNPOR KUNSTSTOFF GmbH
 Market Overview.svg)
Highlights of The Pacemakers and Implantable Cardioverter Defibrillators (ICDs) Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Hinged lid EPS foam containers
- Open Cell EPS foam containers
- By Application:
- Foodservice
- Electronics
- Pharmaceuticals
- Bakery Products
- Meat and Eggs (Poultry)
- Seafood
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Pacemakers and Implantable Cardioverter Defibrillators (ICDs) Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
 Market Statistics.svg)
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Pacemakers and ICDs are devices that help to regulate the heart's rhythm. A pacemaker is a small, battery-powered device that is placed under the skin on the chest. It sends electrical impulses to the heart to keep it beating normally. An ICD monitors abnormal rhythms in the heart and can automatically deliver electric shocks, or pulses of electricity, to correct them.
Some of the major players in the pacemakers and implantable cardioverter defibrillators (icds) market are Alpek, Kaneka Cooperation, Synthos Chemical Innovations, Dabo Precision Co., Nuova Idropress, Atlas EPS, KBM, BASF SE, ACH Foam Technologies, LLC, SUNPOR KUNSTSTOFF GmbH.
The pacemakers and implantable cardioverter defibrillators (icds) market is expected to grow at a compound annual growth rate of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Pacemakers and Implantable Cardioverter Defibrillators (ICDs) Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Pacemakers and Implantable Cardioverter Defibrillators (ICDs) Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Pacemakers and Implantable Cardioverter Defibrillators (ICDs) Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Pacemakers and Implantable Cardioverter Defibrillators (ICDs) Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Pacemakers and Implantable Cardioverter Defibrillators (ICDs) Market Size & Forecast, 2020-2028
4.5.1 Pacemakers and Implantable Cardioverter Defibrillators (ICDs) Market Size and Y-o-Y Growth
4.5.2 Pacemakers and Implantable Cardioverter Defibrillators (ICDs) Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Hinged lid EPS foam containers
5.2.2 Open Cell EPS foam containers
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Foodservice
6.2.2 Electronics
6.2.3 Pharmaceuticals
6.2.4 Bakery Products
6.2.5 Meat and Eggs (Poultry)
6.2.6 Seafood
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Pacemakers and Implantable Cardioverter Defibrillators (ICDs) Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Pacemakers and Implantable Cardioverter Defibrillators (ICDs) Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Hinged lid EPS foam containers
9.6.2 Open Cell EPS foam containers
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Foodservice
9.10.2 Electronics
9.10.3 Pharmaceuticals
9.10.4 Bakery Products
9.10.5 Meat and Eggs (Poultry)
9.10.6 Seafood
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Hinged lid EPS foam containers
10.6.2 Open Cell EPS foam containers
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Foodservice
10.10.2 Electronics
10.10.3 Pharmaceuticals
10.10.4 Bakery Products
10.10.5 Meat and Eggs (Poultry)
10.10.6 Seafood
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Hinged lid EPS foam containers
11.6.2 Open Cell EPS foam containers
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Foodservice
11.10.2 Electronics
11.10.3 Pharmaceuticals
11.10.4 Bakery Products
11.10.5 Meat and Eggs (Poultry)
11.10.6 Seafood
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Hinged lid EPS foam containers
12.6.2 Open Cell EPS foam containers
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Foodservice
12.10.2 Electronics
12.10.3 Pharmaceuticals
12.10.4 Bakery Products
12.10.5 Meat and Eggs (Poultry)
12.10.6 Seafood
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Hinged lid EPS foam containers
13.6.2 Open Cell EPS foam containers
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Foodservice
13.10.2 Electronics
13.10.3 Pharmaceuticals
13.10.4 Bakery Products
13.10.5 Meat and Eggs (Poultry)
13.10.6 Seafood
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Pacemakers and Implantable Cardioverter Defibrillators (ICDs) Market: Competitive Dashboard
14.2 Global Pacemakers and Implantable Cardioverter Defibrillators (ICDs) Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Alpek
14.3.2 Kaneka Cooperation
14.3.3 Synthos Chemical Innovations
14.3.4 Dabo Precision Co.
14.3.5 Nuova Idropress
14.3.6 Atlas EPS
14.3.7 KBM
14.3.8 BASF SE
14.3.9 ACH Foam Technologies, LLC
14.3.10 SUNPOR KUNSTSTOFF GmbH
