Sweden Implantable Cardioverter Defibrillators Market Size & Outlook

The implantable cardioverter defibrillators market in Sweden is expected to reach a projected revenue of US$ 45.4 million by 2030. A compound annual growth rate of 6.8% is expected of Sweden implantable cardioverter defibrillators market from 2024 to 2030.
Revenue, 2023 (US$M)
$28.6
Forecast, 2030 (US$M)
$45.4
CAGR, 2024 - 2030
6.8%
Report Coverage
Sweden

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

Sweden

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Sweden implantable cardioverter defibrillators market highlights

  • The Sweden implantable cardioverter defibrillators market generated a revenue of USD 28.6 million in 2023 and is expected to reach USD 45.4 million by 2030.
  • The Sweden market is expected to grow at a CAGR of 6.8% 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 28.6 million
Market revenue in 2030USD 45.4 million
Growth rate6.8% (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, Sweden accounted for 0.8% 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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Sweden 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 90.21% in 2023. Horizon Databook has segmented the Sweden 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.


The healthcare system in Sweden spends more on healthcare than any other European country, i.e., around 11% of the total GDP was spent in 2022. More than 10,000 people in Sweden suffer from SCA every year. 

However, the survival rate in the country is much higher compared to other European countries, which doubled over the past 20 years. This can be attributed to the initiatives undertaken by the Government of Sweden in the prevention methods for SCA. 

Furthermore, as per a study published in February 2020, in Scandinavian Cardiovascular Journal, the mean age of ICD implant in population was determined at 53 ± 15, with a predominant proportion of ICD implantations recorded in males.

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

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

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

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

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