The global implantable loop recorder market was valued at over $1.3 billion in 2021 and is expected to grow at a CAGR of 7.9% to reach $2.3 billion by the end of the forecast period.
Our medical market research analyzed companies in over 70 countries and applied a comprehensive methodology to determine market size, unit sales, and company market share, leading to accurate market projections.
Medtronic held the top position in the implantable loop recorder market in 2021 with its product offerings such as the Reveal LINQ™ and Reveal XT™.
Our medical market research analyzed companies in over 70 countries and applied a comprehensive methodology to determine market size, unit sales, and company market share, leading to accurate market projections.
MARKET REPORT DATA TYPES INCLUDED
- Unit Sales, Average Selling Prices, Market Size & Growth Trends
- Procedure Numbers
- COVID-19 Impact Analysis
- Market Drivers & Limiters
- Market Forecasts Until 2028, and Historical Data to 2018
- Recent Mergers & Acquisitions
- Company Profiles and Product Portfolios
- Leading Competitors
PROCEDURE NUMBERS
The COVID-19 pandemic significantly impacted the number of ILR procedures in 2020, but it was expected to fully recover in 2021, surpassing the procedure levels of 2019. Despite the decline and recovery in 2020 and 2021 due to postponed elective procedures, the number of ILR procedures is expected to grow at a moderate to high single-digit rate during the forecast period.GLOBAL IMPLANTABLE LOOP RECORDER MARKET TRENDS
The use of ILR devices is anticipated to rise due to aging populations. The growth rate of these devices is projected to be higher in lower-income nations as access to healthcare improves over time.GLOBAL IMPLANTABLE LOOP RECORDER MARKET SHARE INSIGHTS
The three dominant main competitors in the Global Implantable Loop Recorder Market are: Medtronic, Abbott and Boston Scientific.Medtronic held the top position in the implantable loop recorder market in 2021 with its product offerings such as the Reveal LINQ™ and Reveal XT™.
GLOBAL ICD MARKET SEGMENTATION SUMMARY
- Implantable loop recorder market
RESEARCH SCOPE SUMMARY
- Regions: North America (Canada, United States), Latin America (Argentina, Brazil, Chile, Colombia, Mexico, Peru, Venezuela), Western Europe (Austria, Benelux, France, Germany, Italy, Portugal, Scandinavia, Spain, Switzerland, U.K.), Central & Eastern Europe (Baltic States, Bulgaria, Croatia, Czech Republic, Greece, Hungary, Kazakhstan, Poland, Romania, Russia, Turkey, Ukraine), Middle East (Bahrain, Iran, Israel, Kuwait, Oman, Qatar, Saudi Arabia, United Arab Emirates), Asia Pacific (Australia, Cambodia, China, Hong Kong, India, Indonesia, Japan, Malaysia, Myanmar, New Zealand, Philippines, Singapore, South Korea, Taiwan, Thailand, Vietnam), Africa (Algeria, Egypt, Ghana, Kenya, Libya, Morocco, Nigeria, South Africa, Sudan, Uganda)
- Base Year: 2021
- Forecast: 2022-2028
- Historical Data: 2018-2021
- Quantitative Coverage: Market Size, Market Shares, Market Forecasts, Market Growth Rates, Units Sold, and Average Selling Prices.
- Qualitative Coverage: COVID19 Impact, Market Growth Trends, Market Limiters, Competitive Analysis & SWOT for Top Competitors, Mergers & Acquisitions, Company Profiles, Product Portfolios, FDA Recalls, Disruptive Technologies, Disease Overviews.
- Data Sources: Primary Interviews with Industry Leaders, Government Physician Data, Regulatory Data, Hospital Private Data, Import & Export Data, Internal Database.
Table of Contents
- Implantable Loop Recorder Market
- Executive Summary
- Global Implantable Loop Recorder Market Overview
- Competitive Analysis
- Regions Included
- Introduction
- Procedure Numbers
- Market Analysis and Forecast
- Drivers and Limiters
- Market Drivers
- Market Limiters
- Competitive Market Share Analysis
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Medtronic
- Abbott
- Boston Scientific
- Biotronik
- MicroPort
- Angel Medical Systems
- Vectorious
