Denmark Implantable Cardioverter Defibrillators Market Size & Outlook

The implantable cardioverter defibrillators market in Denmark is expected to reach a projected revenue of US$ 28.5 million by 2030. A compound annual growth rate of 6.1% is expected of Denmark implantable cardioverter defibrillators market from 2024 to 2030.
Revenue, 2023 (US$M)
$18.8
Forecast, 2030 (US$M)
$28.5
CAGR, 2024 - 2030
6.1%
Report Coverage
Denmark

Denmark implantable cardioverter defibrillators market, 2018-2030 (US$M)

Denmark

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Denmark implantable cardioverter defibrillators market highlights

  • The Denmark implantable cardioverter defibrillators market generated a revenue of USD 18.8 million in 2023 and is expected to reach USD 28.5 million by 2030.
  • The Denmark market is expected to grow at a CAGR of 6.1% from 2024 to 2030.
  • In terms of segment, transvenous implantable cardioverter-defibrillators was the largest revenue generating product in 2023.
  • Subcutaneous Implantable Cardioverter Defibrillators is the most lucrative product segment registering the fastest growth during the forecast period.


Implantable cardioverter defibrillators market data book summary

Market revenue in 2023USD 18.8 million
Market revenue in 2030USD 28.5 million
Growth rate6.1% (CAGR from 2023 to 2030)
Largest segmentTransvenous implantable cardioverter-defibrillators
Fastest growing segmentSubcutaneous Implantable Cardioverter Defibrillators
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationTransvenous Implantable Cardioverter-Defibrillators, Subcutaneous Implantable Cardioverter Defibrillators
Key market players worldwideAbbott Laboratories, Medtronic PLC, BIOTRONIK, Boston Scientific Corp, MicroPort Scientific Corp, LivaNova PLC


Other key industry trends

  • In terms of revenue, Denmark accounted for 0.5% of the global implantable cardioverter defibrillators market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Europe, Germany implantable cardioverter defibrillators market is projected to lead the regional market in terms of revenue in 2030.
  • UK is the fastest growing regional market in Europe and is projected to reach USD 321.6 million by 2030.

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Implantable Cardioverter Defibrillators Market Companies

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Denmark implantable cardioverter defibrillators market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to implantable cardioverter defibrillators market will help companies and investors design strategic landscapes.


Transvenous implantable cardioverter-defibrillators was the largest segment with a revenue share of 89.89% in 2023. Horizon Databook has segmented the Denmark implantable cardioverter defibrillators market based on transvenous implantable cardioverter-defibrillators, subcutaneous implantable cardioverter defibrillators covering the revenue growth of each sub-segment from 2018 to 2030.


According to the Danish Cardiac Arrest Registry (DCAR), in 2018, the incidence of out-of-hospital cardiac arrest in Denmark was as high as 93 per 100,000 individuals. In comparison with EU countries, the incidence was highest among Danish people. 

Moreover, according to the Danish Heart Foundation, around 5,400 people in Denmark suffer from cardiac arrest out-of-hospital. Hence, the demand for defibrillation is high in the region. ICD implantation in Denmark is primarily done via one private and 13 public hospitals. 

Key insights gathered from Danish Pacemaker & ICD Register 2020: The registry holds data of 29,013 ICD implants & 122,315 pacemakers until December 2020. Single-chamber ICDs were primarily used as ICD implants, while dual-chamber and biventricular devices were chosen selectively. 

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Horizon Databook provides a detailed overview of country-level data and insights on the Denmark implantable cardioverter defibrillators market , including forecasts for subscribers. This country databook contains high-level insights into Denmark implantable cardioverter defibrillators market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Denmark implantable cardioverter defibrillators market size, by product, 2018-2030 (US$M)

Denmark Implantable Cardioverter Defibrillators Market Outlook Share, 2023 & 2030 (US$M)

Denmark implantable cardioverter defibrillators market size, by product, 2018-2030 (US$M)

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