#Global Automated External Defibrillator (AED) Industry Report
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health-views-updates · 6 hours ago
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Defibrillator Market 2024 Size, Share, Global Business Outlook and Demand Forecast by 2032
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The global defibrillator market is experiencing unprecedented growth, driven by rising incidences of cardiovascular diseases and advancements in emergency medical care. According to a recent report from SNS Insider, the Defibrillator Market is projected to continue its robust expansion as healthcare systems around the world embrace new defibrillator technologies that improve response times and patient outcomes. This surge in demand reflects both the essential role of defibrillators in saving lives and the growing emphasis on preventive healthcare infrastructure across developed and developing nations.
Defibrillator Market Revenue is being propelled by a combination of factors, including technological advancements in defibrillation devices, government initiatives to promote cardiac care, and increased awareness of heart health. Automated external defibrillators (AEDs) have become more accessible and user-friendly, allowing non-medical personnel to deliver timely interventions in cases of sudden cardiac arrest (SCA). Additionally, innovations in wearable defibrillators and implantable cardioverter defibrillators (ICDs) offer promising options for high-risk patients, providing continuous monitoring and protection outside of hospital settings.
One key trend highlighted in the report is the increasing integration of artificial intelligence (AI) in defibrillator technology. AI-enabled devices are enhancing accuracy in detecting cardiac rhythms and delivering defibrillation shocks with minimal error. This not only improves patient survival rates but also opens the door to future AI applications in real-time data analytics, enabling healthcare providers to respond proactively to patient needs. Furthermore, portable defibrillators are now available in public places, such as airports, schools, and sports arenas, making life-saving devices accessible to a wider population.
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The demand for defibrillators is also supported by favorable government initiatives and policies, particularly in the United States and Europe. In the U.S., the Federal Aviation Administration (FAA) and public health organizations mandate the availability of AEDs in certain facilities, while European nations have adopted similar regulations to safeguard public health. These measures, coupled with increased investments in healthcare infrastructure in emerging economies, are creating a conducive environment for market growth. The defibrillator market is expected to see a rise in revenue as manufacturers innovate further to meet stringent regulations and quality standards.
The report also sheds light on the challenges facing the defibrillator industry, such as high device costs and regulatory complexities, which can impact the adoption of these life-saving devices. Nevertheless, major players in the market are working to address these issues by offering affordable solutions, developing devices with improved safety features, and ensuring compliance with regulatory standards across various regions.
Market Dynamics and Competitive Landscape
The competitive landscape of the defibrillator market is marked by a mix of established companies and emerging players, each vying to strengthen their foothold through technological innovations and strategic partnerships. Major market players are investing heavily in research and development (R&D) to create advanced defibrillators with longer battery lives, wireless connectivity, and enhanced shock delivery mechanisms. By offering products with unique features and greater efficiency, these companies are poised to capture a significant share of the growing market demand.
Furthermore, partnerships between defibrillator manufacturers and healthcare institutions are paving the way for innovations that are aligned with clinical requirements and patient needs. The trend of public-private partnerships, especially in regions with less-developed healthcare infrastructure, is expected to further boost market expansion by ensuring broader access to defibrillator technology.
Regional Outlook and Market Potential
The report provides a regional analysis of the defibrillator market, identifying North America as a key region due to its well-established healthcare system and high prevalence of cardiovascular diseases. Europe and Asia-Pacific are also significant markets, with Asia-Pacific expected to experience rapid growth owing to rising healthcare spending, increasing awareness about cardiac health, and improved accessibility of advanced medical technologies. Latin America, the Middle East, and Africa are also expected to contribute to the market's growth as defibrillator technology becomes more accessible and affordable in these regions.
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ana23-jk · 1 year ago
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poojaj · 1 year ago
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Emergency Room Equipment Industry Current Trends and Challenges Analysis by 2023-2030
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The emergency room equipment market refers to the global industry involved in the manufacturing and distribution of medical devices and equipment specifically designed for use in emergency departments or emergency rooms (ERs) of hospitals and healthcare facilities.
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Emergency rooms are critical areas where patients with acute illnesses, injuries, or life-threatening conditions receive immediate medical attention. To effectively manage these situations, ERs require specialized equipment and devices to provide rapid assessment, diagnosis, and treatment. The emergency room equipment market encompasses a wide range of products that are essential for the functioning of an emergency department.
Some common types of emergency room equipment include:
Diagnostic equipment: This includes devices such as X-ray machines, CT scanners, ultrasound systems, electrocardiograms (ECGs), and vital signs monitors. These tools help healthcare professionals quickly evaluate patients and diagnose their conditions.
Life support equipment: Emergency rooms are equipped with various life support devices, including ventilators, defibrillators, cardiac monitors, and infusion pumps. These devices are crucial for stabilizing patients in critical condition or cardiac arrest.
Surgical instruments: Emergency room equipment also includes a variety of surgical instruments and supplies for performing emergency procedures. These may include surgical trays, sterile gloves, sutures, forceps, and scalpels.
Trauma care equipment: ERs are often equipped with specialized equipment for managing trauma cases, such as trauma beds, immobilization devices, cervical collars, traction devices, and splints.
Resuscitation equipment: Automated external defibrillators (AEDs), airway management devices (such as endotracheal tubes and laryngoscopes), and other resuscitation equipment are essential for responding to cardiac arrests and maintaining airway patency.
Patient monitoring systems: These systems provide continuous monitoring of patients’ vital signs, such as heart rate, blood pressure, oxygen saturation, and temperature. This allows healthcare providers to track patients’ conditions and respond promptly to any changes.
The emergency room equipment market is driven by factors such as the increasing number of emergency visits, rising demand for advanced diagnostic tools, and technological advancements in medical devices. The market includes several key players, including medical device manufacturers, distributors, and service providers. These companies strive to develop innovative and efficient equipment to enhance patient care in emergency settings.
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zmithpuri · 6 years ago
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Global Automated External Defibrillator (AED) Market 2019 | Manufacturers In-Depth Analysis Report to 2024
The latest trending report Global Automated External Defibrillator (AED) Market 2019-2024 added by DecisionDatabases.com
Automated External Defibrillator (AED) is a portable electronic device that automatically diagnoses the life-threatening cardiac arrhythmias of ventricular fibrillation and ventricular tachycardia in a patient, and is able to treat them through defibrillation, the application of electrical therapy which stops the arrhythmia, allowing the heart to reestablish an effective rhythm.
Although sales of Automated External Defibrillator brought a lot of opportunities, the study group recommends the new entrants just having money but without technical advantage and downstream support do not to enter into the Automated External Defibrillator field. The worldwide market for Automated External Defibrillator (AED) is expected to grow at a CAGR of roughly 5.4% over the next five years, will reach 930 million US$ in 2024, from 680 million US$ in 2019.
This report focuses on the Automated External Defibrillator (AED) in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Browse the complete report and table of contents @ https://www.decisiondatabases.com/ip/13094-automated-external-defibrillator-industry-market-report
Market Segment by Manufacturers, this report covers
Philips
Zoll
Physio-Control
Laerdal Medical
Cardiac Science
Nihon Kohden
Schiller
HeartSine Technologies
A.M.I. Italia
Defibtech
Metrax GmbH
Mediana
Instramed
METsis Medikal
Mindray
Beijing M&B Electronic
Shenzhen XFT
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
Semi-automated
Fully automated
Market Segment by Applications, can be divided into
Hospitals
Public access
Home
Training
Others
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The content of the study subjects, includes a total of 15 chapters: Chapter 1, to describe Automated External Defibrillator (AED) product scope, market overview, market opportunities, market driving force and market risks. Chapter 2, to profile the top manufacturers of Automated External Defibrillator (AED), with price, sales, revenue and global market share of Automated External Defibrillator (AED) in 2017 and 2018. Chapter 3, the Automated External Defibrillator (AED) competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast. Chapter 4, the Automated External Defibrillator (AED) breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2014 to 2019. Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2014 to 2019. Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2014 to 2019. Chapter 12, Automated External Defibrillator (AED) market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024. Chapter 13, 14 and 15, to describe Automated External Defibrillator (AED) sales channel, distributors, customers, research findings and conclusion, appendix and data source.
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Other Reports by DecisionDatabases.com:
Global Defibrillators Market 2018 by Manufacturers, Regions, Type and Application, Forecast to 2023 @ https://www.decisiondatabases.com/ip/33983-defibrillators-market-analysis-report
United States Automated External Defibrillator Market by Manufacturers, States, Type and Application, Forecast to 2022 @ https://www.decisiondatabases.com/ip/15127-united-states-automated-external-defibrillator-market-analysis-report
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fostermarketarch · 3 years ago
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Automated Cardiopulmonary Resuscitation (CPR) Devices Market Analysis On The Future Growth Prospects And Industry Research Outlook 2021-2027
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Automated cardiopulmonary resuscitation device is composed of a constricting band and half backboard that is intended to be used as an adjunct to CPR during advanced cardiac life support by professional health care providers. The automated CPR device results in a higher rate of survival to the hospital as compared to the conventional CPR device that has a tendency for a lower rate of survival to the hospital. Substantial government funding and grants, increasing geriatric population, rising demand from EMS (emergency medical services), a surge in public awareness about cardiac arrest, and clinical benefits of the CPR devices has increased the demand for automated CPR devices market.
Key Insights:
Latest Updates
Analyst Views
Future Outlook of the Market
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Major Keyplayers of this Report includes Zoll Medical Corporation, Physio-Control, Inc., Brunswick Biomedical Technologies, Michigan Instruments, SunLife Science Inc., Medtronic, Inc., CPR Medical Devices, and Science & Technology Co., Ltd.
The players have adopted product development strategy to strengthen their position in the market. For instance, in June 2019, the National Highway Traffic Safety Administration (NHTSA) launched a new telecommunication and high-performance CPR toolkit initiative in an effort to increase national cardiac arrest survival rates from 10%. The new toolkit launch would simplify the use of automated CPR devices and thereby boost the use of automated CPR devices while contributing to the market growth. In addition, in September 2019, Mindray Medical International Limited launched the BeneHeart C Series automated external defibrillator (AED) with smarter operations and faster shock delivery to achieve better resuscitation outcomes for sudden cardiac arrest (SCA). With both fully and semi-automatic versions. These are designed to easily perform CPR automatically through the device. These developments not only enable companies to expand their product portfolio but also to expand their footprints in different regions and countries.
Market Taxonomy:
By Type
Pneumatic Driven
Battery Driven
Mechanically Actuated and Battery driven
By Device Type
Load Distribution Device
3D Compression Device
Validation Biomarkers
By End User
Hospitals
Ambulatory Surgical Centres (ASCs)
Specialty Clinics
Emergency Medical Services
By Region
North America
Europe
Asia-Pacific
Latin America
Middle East and Africa
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Market Dynamics:
Substantial government funding and grants coupled with increasing geriatric population is driving the growth of the market. For instance, according to the Daily Telegram sources the Valero Energy Foundation, which is the philanthropic arm of the Valero Energy Corp., awarded a grant for US$ 21,059.13 to the Blissfield Township Fire Department in January 2020 to help purchase automated CPR devices referred to as LUCAS device, which provides lifesaving CPR. Further, according to the China Global Television Network (CGTN) sources, Nanjing, the capital city of east China's Jiangsu Province, has announced a plan to add 1,000 automated external defibrillators across the public spaces considering the request received from the society. This key step is expected to boost the deployment of automated CPR devices such as AED across China that also contributes to market growth. Moreover, according to the U.K. government sources approximately US$ 1.25 million (1 million Pounds) has been made available from the Department of Health to make public access defibrillators and CPR training more widely available in communities across the U.K.
This key funding is expected to boost the deployment of automated CPR devices in the country thereby, contributing to market growth. Further, in July 2019, the healthtech startup company HeartHero, which is the developer of a free mobile app, raised an undisclosed amount of funding of US$ 436 million. This key funding allows for the Automated External Defibrillator (AED) to be successfully submitted to get CE mark and FDA class-III approval. This strategic round of funding allows for mass manufacturing of the automated CPR device that further contributes to market growth. However, the substantial weight of automated CPR device, high training requirements, and conflicting results of observational studies act as few restraints for the growth of the market.
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Global Defibrillator Devices and Equipment Market Competitive Strategies and Forecasts to 2031
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The Defibrillator Devices and Equipment Global Market Report 2021-31 by The Business Research Company describes and explains the global defibrillator devices and equipment market and covers 2016 to 2021, termed the historic period, and 2022 to 2026, termed the forecast period, along with further forecasts for the period 2026-2031. The report evaluates the market across each region and for the major economies within each region.
The Defibrillator Devices and Equipment Global Market Report 2022 covers defibrillator devices and equipment market drivers, defibrillator devices and equipment market trends, defibrillator devices and equipment market segments, defibrillator devices and equipment market growth rate, defibrillator devices and equipment market major players, and defibrillator devices and equipment market size.
View Complete Report:
The defibrillator devices and equipment market report provides in-depth analysis of the impact of COVID-19 on the global defibrillator devices and equipment industry along with revised market numbers due to the effects of the coronavirus and the expected defibrillator devices and equipment market growth numbers for 2022-2031.
The global defibrillator devices and equipment market size is expected to grow from $8.68 billion in 2021 to $9.73 billion in 2022 at a compound annual growth rate (CAGR) of 12.2%. The global defibrillator devices market share is expected to grow to $14.40 billion in 2026 at a CAGR of 10.3%.
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Defibrillator Devices and Equipment Global Market Report 2022 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.
TBRC’s report covers the defibrillator devices and equipment market segments- 1) By Type: Implantable Defibrillators, External Defibrillators
2) By Implantable Defibrillator: Transvenous Implantable Cardioverter Defibrillator (T-ICDs), Subcutaneous Implantable Cardioverter Defibrillator (S-ICDs), Cardiac Resynchronization Therapy- Defibrillator (CRT-D), Single and Dual Chamber
3) By External Defibrillator: Manual External Defibrillator (MEDs), Automated External Defibrillator (AEDs), Wearable Cardioverter Defibrillator (WCDs)
4) By End-User: Hospitals, Pre-Hospitals, Public Access Market, Alternate Care Market, Home Healthcare
Table Of Contents
1. Executive Summary
2. Defibrillator Devices And Equipment Market Characteristics
3. Defibrillator Devices And Equipment Market Trends And Strategies
4. Impact Of COVID-19 On Defibrillator Devices And Equipment
5. Defibrillator Devices And Equipment Market Size And Growth
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26. Africa Defibrillator Devices And Equipment Market
27. Defibrillator Devices And Equipment Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Defibrillator Devices And Equipment Market
29. Defibrillator Devices And Equipment Market Future Outlook and Potential Analysis
30. Appendix
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businessertreter · 2 years ago
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Collectively Exhaustive Study On ICU Automated External Defibrillators (AEDs) Market 2022 | Philips, ZOLL Medical Corporation, Physio-Control
The recent research report on the Global ICU Automated External Defibrillators (AEDs) Market 2022-2028 explains current market trends, possible growth rate, differentiable industry strategies, future prospects, significant players and their profiles, regional analysis, and industry shares as well as forecast details. The detail study offers a wide range of considerable information that also highlights the importance of the foremost parameters of the world ICU Automated External Defibrillators (AEDs) market.
Market Is Expected to Reach Rise At A CAGR Of 8% During The Forecast Period
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Top Key Players are covered in this report:
Philips, ZOLL Medical Corporation, Physio-Control, Laerdal Medical, Medtronic, Abbott, Boston Scientific, Biotronik, Nihon Kohden, Schiller, HeartSine Technologies, A.M.I. Italia, Metrax GmbH, Instramed, Mindray, Beijing M&B Electronic, Shenzhen XFT
On the Basis of Product, the ICU Automated External Defibrillators (AEDs) Market Is Primarily Split Into
·         Semi-automated
·            Fully automated
On the Basis of End Users/Application, This Report Covers
·         Hospital
·         Clinic
·         Other
The regions are further sub-divided into:
-North America (NA) – US, Canada, and Mexico
-Europe (EU) – UK, Germany, France, Italy, Russia, Spain & Rest of Europe
-Asia-Pacific (APAC) – China, India, Japan, South Korea, Australia & Rest of APAC
-Latin America (LA) – Brazil, Argentina, Peru, Chile & Rest of Latin America
-The Middle East and Africa (MEA) – Saudi Arabia, UAE, Israel, South Africa
Major Highlights of the ICU Automated External Defibrillators (AEDs) Market report study:
·         A detailed look at the global ICU Automated External Defibrillators (AEDs) Industry
·         The report analyzes the global ICU Automated External Defibrillators (AEDs) market and provides its stakeholders with significant actionable insights
·         The report has considered all the major developments in the recent past, helping the users of the report with recent industry updates
·         The report study is expected to help the key decision-makers in the industry to assist them in the decision-making process
·         The study includes data on ICU Automated External Defibrillators (AEDs) market intelligence, changing market dynamics, current and expected market trends, etc.
·         The report comprises an in-depth analysis of macroeconomic and microeconomic factors affecting the global ICU Automated External Defibrillators (AEDs) market
·         Market Ecosystem and adoption across market regions
·         Major trends shaping the global ICU Automated External Defibrillators (AEDs) market
·         Historical and forecast size of the ICU Automated External Defibrillators (AEDs) market in terms of Revenue (USD Million)
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Market Segment Analysis:
The ICU Automated External Defibrillators (AEDs) Report provides a primary review of the industry along with definitions, classifications, and enterprise chain shape. Market analysis is furnished for the worldwide markets which include improvement tendencies, hostile view evaluation, and key regions development. Development policies and plans are discussed in addition to manufacturing strategies and fee systems are also analyzed. This file additionally states import/export consumption, supply and demand, charge, sales and gross margins.
Browse Full Report at:
https://www.theresearchinsights.com/reports/global-icu-automated-external-defibrillators-aeds-market-growth-2022-2028-498655?mode=V004
The Research covers the following objectives:
– To study and analyze the Global ICU Automated External Defibrillators (AEDs) consumption by key regions/countries, product type and application, history data from 2016 to 2022, and forecast to 2026.
– To understand the structure of ICU Automated External Defibrillators (AEDs) by identifying its various sub-segments.
– Focuses on the key global ICU Automated External Defibrillators (AEDs) manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, Porter’s five forces analysis, SWOT analysis and development plans in the next few years.
– To analyze the ICU Automated External Defibrillators (AEDs) with respect to individual growth trends, future prospects, and their contribution to the total market.
– To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
– To project the consumption of ICU Automated External Defibrillators (AEDs) submarkets, with respect to key regions (along with their respective key countries).
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ICU Automated External Defibrillators (AEDs), the report can be customized according to your business requirements as we recognize what our clients want, we have extended 25% customization at no additional cost to all our clients for any of our syndicated reports.
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wemarketresearchreport · 2 years ago
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Defibrillators Market Growth, Size, Analysis, Outlook by Trends, Opportunities and Forecast to 2022 to 2030
Defibrillators Market was worth USD 11.4 billion in 2021 and is poised to reach a valuation of USD 26.23 billion by 2030, registering a CAGR of 9.7% over the forecast period of 2022-2030.
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The market is growing due to a growing focus on public access defibrillators (PAD) by both public and private organisations. Furthermore, the market is being driven by an increase in the number of key manufacturers developing sophisticated defibrillator devices, a rapidly rising geriatric population with an increased risk of cardiac arrest, and an increase in the frequency of cardiac disorders. Cardioversion, defibrillation, and cardiac pacing are all possible with defibrillators. Manual external defibrillators, automated external defibrillators (AEDs), and wearable cardioverter defibrillators are the three main types of external defibrillators (WCDs). Because of their great efficiency and ease of use, AEDs are commonly employed to treat sudden cardiac arrest (SCA), resulting in a considerable market share in the global defibrillator industry. However, increased pricing pressure on companies is putting a damper on the market.
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A defibrillator device depolarizes a fundamental segment of heart muscle, assisting in the restoration of a normal heartbeat. Many lives can be saved if SCA victims receive cardiopulmonary resuscitation (CPR) and defibrillation within 5 to 12 minutes after heart failure. The primary variables projected to promote the development sought after for defibrillators in the Middle East and Africa are increasing occurrences of cardiovascular disease and expanding social insurance framework. During the period 2014 to 2020, this will boost the worldwide defibrillator market's growth.
Global Defibrillators Market: Segmentations
By Key Players
Abbott
Boston Scientific Corporation
BIOTRONIK SE & Co. KG
MicroPort Scientific Corporation
Koninklijke Philips N.V.
Stryker Corporation
ZOLL Medical Corporation (Asahi Kasei)
Nihon Kohden Corporation
Schiller AG
Shenzhen Mindray Bio-Medical Electronics Co. Ltd.
LivaNova PLC
By Product:
• Implantable Defibrillators
• Transvenous Implantable Cardioverter Defibrillator (T-ICDs)
• Subcutaneous Implantable Cardioverter Defibrillator (S-ICDs)
• Cardiac Resynchronization Therapy- Defibrillator (CRT-D)
• External Defibrillators
• Manual External Defibrillator
• Automated External Defibrillator (AEDs)
• Wearable Cardioverter Defibrillator (WCDs)
By Patient Type:
• Adult
• Pediatrics
By End User:
• Hospitals
• Clinics and Cardiac centers
• Pre-hospital care settings
• Public access markets
• Home care settings
• Alternate care facilities
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Table Of Contents (TOC)
1. Global Defibrillators Market Introduction and Market Overview
2. Global Defibrillators Market - Executive Summary
3. Defibrillators Market Trends, Outlook, and Factors Analysis
4. Global Defibrillators Market: Estimates & Historic Trend Analysis (2018 to 2021)
5. Global Defibrillators Market Estimates & Forecast Trend Analysis, by Deployment
6. Global Defibrillators Market Estimates & Forecast Trend Analysis, by Component
7. Global Defibrillators Market Estimates & Forecast Trend Analysis, by Content Type
8. Global Defibrillators Market Estimates & Forecast Trend Analysis, by End Use
9. Global Defibrillators Market Analysis and Forecast, by Region
10. North America Defibrillators Market: Estimates & Forecast Trend Analysis
11. Europe Defibrillators Market: Estimates & Forecast Trend Analysis
12. Asia Pacific Defibrillators Market: Estimates & Forecast Trend Analysis
13. Middle East & Africa Defibrillators Market: Estimates & Forecast Trend Analysis
14. Latin America Defibrillators Market: Estimates & Forecast Trend Analysis
15. Competitive Landscape
16. Company Profiles
17. Assumptions and Research Methodology
18. Conclusions and Recommendations
 Key Questions answered in the India Defibrillators Market Report are:
1.     Which product segment grabbed the largest share in the India Defibrillators market?
2.     How is the competitive scenario of the India Defibrillators market?
3.     Which are the key factors aiding the India Defibrillators market growth?
4.     Which region holds the maximum share in the India Defibrillators market?
5.     What will be the CAGR of the India Defibrillators market during the forecast period?
6.     Which application segment emerged as the leading segment in the India Defibrillators market?
7.     Which are the prominent players in the India Defibrillators market?
8.     What key trends are likely to emerge in the India Defibrillators market in the coming years?
9.     What will be the India Defibrillators market size by 2028?
10.                        Which company held the largest share in the India Defibrillators market?
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health-views-updates · 3 months ago
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Defibrillator Market Outlook: Key Trends and Future Prospects
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Defibrillator Market Outlook, Scope & Overview:
Industry reports indicate that the global defibrillator market was valued at USD 7.07 billion in 2023 and is projected to reach USD 13.98 billion by 2031, growing at a CAGR of 8.71% over the forecast period 2024-2031.
Technological Advancements to Drive Growth of Global Defibrillator Market
The adoption of advanced defibrillator technologies will continue to influence global market revenues. Healthcare providers are increasingly utilizing defibrillators to enhance patient survival rates during cardiac arrest and other heart-related emergencies.
As a product segment, automated external defibrillators (AEDs) currently hold a significant share of the global defibrillator market. This segment is anticipated to grow at a year-over-year rate of 8.71% in 2024 over 2023 and reach USD 13.98 billion in revenues by 2031. The increasing demand for AEDs in public places, coupled with rising awareness about cardiac health, is expected to drive market growth.
Defibrillator Solutions – Market Dynamics
Drivers:
Defibrillator solutions are witnessing significant growth in the global market due to their critical role in saving lives during cardiac emergencies. The advancements in defibrillator technology, such as portable and wearable devices, are enhancing the accessibility and effectiveness of defibrillation in emergency situations. Additionally, the increasing prevalence of cardiovascular diseases and the growing emphasis on preventive healthcare are key factors driving the adoption of defibrillator solutions worldwide.
Restraints:
Despite the growth potential, challenges such as high costs associated with advanced defibrillators, regulatory compliance requirements, and the complexity of integrating defibrillator systems with existing healthcare infrastructure are hindering the widespread adoption of defibrillator solutions. Moreover, concerns about device malfunction and the need for specialized training for healthcare professionals and laypersons pose additional challenges to market expansion.
Defibrillator Solutions – Market Outlook
The proven benefits of defibrillator solutions in improving survival rates during cardiac emergencies have contributed to the market's growth. Defibrillator solutions are expected to witness increased adoption across major healthcare markets, including North America, Europe, and Asia Pacific, driven by advancements in defibrillator technology and the growing focus on public access defibrillation programs.
Global Defibrillator Market
The rise in demand for defibrillator solutions in developed and emerging markets is expected to drive market growth over the forecast period. North America currently holds a significant market share in the global defibrillator market, with the US being a key contributor to market revenues. Europe and Asia Pacific regions are also experiencing rapid adoption of defibrillator solutions, supported by favorable regulatory frameworks and increasing investments in healthcare infrastructure.
Key Players in the Defibrillator Solutions Market
Leading companies in the defibrillator solutions market include Medtronic, Philips Healthcare, Zoll Medical Corporation, and Stryker Corporation. These companies are at the forefront of developing and commercializing advanced defibrillator technologies for various healthcare applications, including emergency medical services, hospitals, and public access settings.
In conclusion, the global defibrillator market is poised for substantial growth over the forecast period, driven by technological advancements, increasing awareness about cardiac health, and the expanding adoption of defibrillator solutions in both clinical and non-clinical settings.
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bhandvalkar94 · 3 years ago
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Future Prospects of Cardiac Rhythm Management Devices Market Report 2021-2030 with Major Players
The global Cardiac Rhythm Management Devices market research is an intelligence report announced by Absolute Markets Insights. The erudite market study provides insightful data for readers to help them in making informed business decisions. Primary and secondary research methodologies have also been used to discover the correct and applicable data of Cardiac Rhythm Management Devices market. Effective business strategies of key market players and of new startup industries are also studied thoroughly to provide extensive market knowledge. The report makes use of an effective analysis technique such as SWOT and Porter’s five analysis to present its accurate results on the market.
The major key pillars for global Cardiac Rhythm Management Devices market are listed below: Siemens AG, 3M Company(3M), Abiomed, Inc.(ABIOMED), Berlin Heart GmbH (Berlin Heart), Biotronik SE & Co. KG, Boston Scientific Corporation, Cardiac Science Corporation, General Electric Company (General Electric), Hill-Rom Services Inc., Jarvik Heart, Inc., Koninklijke Philips N.V., LivaNova PLC, Medtronic, NIHON KOHDEN CORPORATION, and ZOLL Medical Corporation
Cardiac Rhythm Management Devices Market is expected to grow with a CAGR of +6.5% during the forecast period of 2021 to 2030. The study analyzes the market in terms of revenue and sales volume across all the major markets.
For more information about this report visit: https://www.absolutemarketsinsights.com/reports/Cardiac-Rhythm-Management-Devices-Market-2018-2026-158
Cardiac Rhythm Management (CRM) is the treatment of arrhythmias, which are heart rhythm disorders. Arrhythmias cause dizzy spells, blackouts, palpitations and sudden cardiac arrest in patients. Cardiac Rhythm Management usually involves implanting of electronic devices such as defibrillators and pacemakers. Cardiac rhythm management devices are used to determine heart health and enable the physicians to offer a faster diagnosis. Various CRM devices are also being utilized to monitor patient activity and intracardiac pressures. The extensive use of cardiac rhythm management devices (CRMDs) is substantially improving the long-term prognosis and survival rates.
A consistent rise in instances of cardiovascular diseases is being observed, due to various lifestyle and food related disorders, positively impacting the demand for cardiac rhythm management devices. High cost of these devices, as well as a shortage of skilled professionals with expertise in cardiac monitoring has limited its growth in several emerging markets. Evolutionary advancements of these devices are enhancing functionality by improving their battery life and reduction in the device size.
Pacemakers (PM) are among the most commonly used cardiac rhythm management devices, which give electrical impulses to trigger the heartbeat when it is slow or stops altogether. An Implantable Cardioverter Defibrillator (ICD) automatically delivers a shock to restore the normal rhythm by detecting fast or chaotic beating of heart’s main pumping chamber, which often leads to sudden cardiac arrests. Most cardiac rhythm management devices also act as pacemakers and both these devices provide constant care to patients with irregular heart rhythms.
Cardiac Rhythm Management Devices Market - by Product
Implantable Pacemakers
External Pacemakers
Subcutaneous ICD (S-ICD)
Transvenous ICD (T-ICD)
Manual ED
Automated ED (AED)
Wearable Cardioverter Defibrillator
CRT Defibrillators (CRT-D)
CRT Pacemakers (CRT-P)
Cardiac Rhythm Management Devices Market - by End User
Hospitals and Clinics
Home Settings
Ambulatory Service Centers
Cardiac Rhythm Management Devices Market - By Region
North America
Europe
Asia Pacific
Middle East and Africa
Latin America
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daisyri-me · 3 years ago
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Defibrillator Market - Forecast to Grow at a CAGR of 7.8% During 2014-2025
The global Defibrillator Market is estimated to touch US$ 18.8 Billion by the completion of the prediction period. The market was appreciated by US$ 9.8 Billion in the year 2016. Growing demand owing to helpful lawmaking strategies by the government of established nations is the most important motivator accountable for the development of the defibrillator industry. The Defibrillator Market estimated to develop by a CAGR of 7.8% for the duration of the prediction.
Established nations for example the U.K. and the U.S.A are making it obligatory for definite communal places, it consist of government amenities, sporting stadiums, schools and establishments to stock and preserve Automated External Defibrillators [AEDs], creating them additional cardio responsive. The maximum common reason of demise owing to Sudden Cardiac Arrest [SCA] is the unobtainability of defibrillators. Such alterations in the law of a republic benefit increase the obtainability and admission. Thus growing the scope of the market pertaining to this business.
The Defibrillator market on the source of Type of End Use could span Home-based Healthcare, Communal Admittance Market, Hospital, Alternative Care Market and Prehospital. The subdivision of Hospitals detained beyond 88.0% stake of the general end-use subdivision. Hospitals necessarily furnished by means of external along with implantable defibrillators. Implantable defibrillators are obtainable generally in hospitals. Therefore, hospitals take a considerable support to the development of external and implantable defibrillators.
Supreme development witnessed in the Communal Admittance Market in the year 2016. This development credited to modification in strategies by governments of established nations. Creating it compulsory fields and organizations to stock & uphold Automated External Defibrillator [AEDs]. Furthermore, there is an upsurge in alertness and teaching courses, motivating development of this subdivision.
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The Defibrillator market on the source of Type of Product could span External Defibrillator [ED]:- Wearable Cardioverter Defibrillator, Manual ED, Automated ED, Implantable Cardioverter Defibrillator (Dual Chamber, Single Chamber, CRT-D, T-ICD,S-ICD).
The subdivision of ICDs backed to beyond 50.0% stake of the general market in the year 2016. These instruments utilized such as an unceasing observing instrument for arrhythmias also. The range of these instruments has enlarge dowing to the combination of additional equipment, for example pacesetters, using defibrillators. Such as ICDs utilized for handling arrhythmias for a prolonged period, this subdivision expected to show substantial development.
The external defibrillators utilized largely for artificial respiration purposes in the circumstances of Sudden Cardiac Arrest [SCA]. They likewise utilized to calm down patients up until they reach the hospital or the medicinal assistance reaches. External products likely to develop by a rewarding percentage for the period of the prediction. The development credited to helpful governmental strategies in established nations and growing alertness & teaching courses connect to external defibrillators.
The Defibrillator industry on the source of Area with respect to Trades in terms of intake, Profits, Market stake and Development percentage in these areas, for the duration of the prediction could span North America [U.S.A, Canada], Europe [Germany, U.K.], Asia Pacific [India, Japan, China], Latin America [Brazil, Mexico], Middle East & Africa [South Africa]. By the source of geography, North America was responsible for an important stake of the general market in the year 2016. This support was credited to growing alertness, growing occurrence of cardiac sicknesses, helpful government strategies, promising compensation structures, and growth in exercise plans.
Asia Pacific is recognized as the speedily developing market for defibrillators. Fantastic openings for development witnessed in this area owing to growing alertness and approachability of these instruments. Furthermore, growing occurrence of cardiac sicknesses in this area likewise funds development of this subdivision.
Complete Report Available @ https://www.millioninsights.com/industry-reports/defibrillator-market
The statement revises Trades in terms of intake of Defibrillator in the market; particularly in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. It concentrates on the topmost companies operating in these regions. Some of the important companies operating in the field on the international basis are Schiller AG, ProgettiSrl, Defibtech LLC, Physio-Control Inc., ZOLL Medical Corporation, LivaNova, St. Jude Medical LLC, Fukuda Denshi Co., Ltd., Heart Sine Technologies LLC, Nihon Kohden Corporation, Cardiac Science, Koninklijke Philips N.V., Boston Scientific Corporation and Medtronic.
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fusion-kunal · 3 years ago
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Defibrillator Market by Forecast From 2021 to 2027 With Covid-19 Impact Analysis and Future Business Opportunities
Defibrillator Market 2020-2026
A New Market Study, Titled “Defibrillator Market Upcoming Trends, Growth Drivers and Challenges” has been featured on fusionmarketresearch.
Description
This global study of the Defibrillator market offers an overview of the existing market trends, drivers, restrictions, and metrics and also offers a viewpoint for important segments. The report also tracks product and services demand growth forecasts for the market. There is also to the study approach a detailed segmental review. A regional study of the global Defibrillator industry is also carried out in North America, Latin America, Asia-Pacific, Europe, and the Near East & Africa. The report mentions growth parameters in the regional markets along with major players dominating the regional growth.
Defibrillation is a common treatment for life-threatening cardiac dysrhythmias, ventricular fibrillation and pulseless ventricular tachycardia. Defibrillation consists of delivering a therapeutic dose of electrical energy to the heart with a device called a defibrillator. This depolarizes a critical mass of the heart muscle, terminates the dysrhythmia and allows normal sinus rhythm to be reestablished by the body’s natural pacemaker, in the sinoatrial node of the heart. Defibrillators can be external, transvenous, or implanted (implantable cardioverter-defibrillator), depending on the type of device used or needed. Some external units, known as automated external defibrillators (AEDs), automate the diagnosis of treatable rhythms, meaning that lay responders or bystanders are able to use them successfully with little or no training at all.
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The report offers detailed coverage of Defibrillator industry and main market trends with impact of coronavirus. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Defibrillator by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
First, this report covers the present status and the future prospects of the global Defibrillator market for 2015-2024. And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
At the same time, we classify Defibrillator according to the type, application by geography. More importantly, the report includes major countries market based on the type and application. Finally, the report provides detailed profile and data information analysis of leading Defibrillator company.
Key Companies Medtronic St. Jude Medical Boston Scientific Biotronik Physio-Control Nihon Kohden Corporation Zoll Medical Cardiac Science Philips Healthcare PRIMEDIC Schiller Sorin Group HeartSine Technologies Defibtech
Market Segment as follows: By Region Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia] Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland] North America[United States, Canada, Mexico] Middle East & Africa[GCC, North Africa, South Africa] South America[Brazil, Argentina, Columbia, Chile, Peru]
Market by Type Automatic External Defibrillators Implantable Cardioverter Defibrillators Wearable Cardioverter Defibrillator Advanced Life Support (ALS)
Market by Application Hospital Public Access Home Healthcare Others
Ask Queries @ https://www.fusionmarketresearch.com/enquiry.php/(COVID-19-Version)-Global-Defibrillator-Market-Status-(2015-2019)-and-Forecast-(2020-2025)-by-Region,-Product-Type-&-End-Use
Table of Contents
Part 1 Market Overview 1.1 Market Definition 1.2 Market Development 1.2.1 Current Situation 1.2.2 Aspects of COVID-19 Impact 1.3 By Type Table Type of Defibrillator Figure Global Defibrillator Market Share by Type in 2019 1.4 By Application Table Application of Defibrillator Figure Global Defibrillator Market Share by Application in 2019 1.5 By Region Figure Global Defibrillator Market Share by Region in 2019 Figure Asia Defibrillator Market Share by Region in 2019
Part 3 Global Market Status and Future Forecast 3.1 Global Market by Region Table Global Defibrillator Market by Region, 2015-2019 (Million USD) Figure Global Defibrillator Market Share by Region in 2019 (Million USD) Table Global Defibrillator Market by Region, 2015-2019 (Volume) Figure Global Defibrillator Market Share by Region in 2019 (Volume) Table Price List by Region, 2015-2019 3.2 Global Market by Company Table Global Defibrillator Market by Company, 2015-2019 (Million USD) Figure Global Defibrillator Market Share by Company in 2019 (Million USD) Table Global Defibrillator Market by Company, 2015-2019 (Volume) Figure Global Defibrillator Market Share by Company in 2019 (Volume) Table Price List by Company, 2015-2019 3.3 Global Market by Type Table Global Defibrillator Market by Type, 2015-2019 (Million USD) Figure Global Defibrillator Market Share by Type in 2019 (Million USD) Table Global Defibrillator Market by Type, 2015-2019 (Volume) Figure Global Defibrillator Market Share by Type in 2019 (Volume) Table Price List by Type, 2015-2019 3.4 Global Market by Application Table Global Defibrillator Market by Application, 2015-2019 (Million USD) Figure Global Defibrillator Market Share by Application in 2019 (Million USD) Table Global Defibrillator Market by Application, 2015-2019 (Volume) Figure Global Defibrillator Market Share by Application in 2019 (Volume) Table Price List by Application, 2015-2019 3.5 Global Market by Forecast Figure Global Defibrillator Market Forecast, 2020-2025 (Million USD) Figure Global Defibrillator Market Forecast, 2020-2025 (Volume)
Part 9 Market Features 9.1 Product Features 9.2 Price Features 9.3 Channel Features 9.4 Purchasing Features Part 10 Investment Opportunity 10.1 Regional Investment Opportunity 10.2 Industry Investment Opportunity
PART 11 Coronavirus Impact 11.1 Impact on Industry Upstream 11.2 Impact on Industry Downstream 11.3 Impact on Industry Channels 11.4 Impact on Industry Competition 11.5 Impact on Industry Obtain Employment Part 12 Conclusion
Continue…
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marketanalysisdata · 3 years ago
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Defibrillator Market Global Insights and Trends Report by 2025
6th October 2021 – The global Defibrillator Market is estimated to touch US$ 18.8 Billion by the completion of the prediction period. The market was appreciated by US$ 9.8 Billion in the year 2016. Growing demand owing to helpful lawmaking strategies by the government of established nations is the most important motivator accountable for the development of the defibrillator industry. The Defibrillator Market estimated to develop by a CAGR of 7.8% for the duration of the prediction.
Established nations for example the U.K. and the U.S.A are making it obligatory for definite communal places, it consist of government amenities, sporting stadiums, schools and establishments to stock and preserve Automated External Defibrillators [AEDs], creating them additional cardio responsive. The maximum common reason of demise owing to Sudden Cardiac Arrest [SCA] is the unobtainability of defibrillators. Such alterations in the law of a republic benefit increase the obtainability and admission. Thus growing the scope of the market pertaining to this business.
Access Defibrillator Market Report with TOC @ https://www.millioninsights.com/industry-reports/defibrillator-market
The Defibrillator market on the source of Type of End Use could span Home-based Healthcare, Communal Admittance Market, Hospital, Alternative Care Market and Prehospital. The subdivision of Hospitals detained beyond 88.0% stake of the general end-use subdivision. Hospitals necessarily furnished by means of external along with implantable defibrillators. Implantable defibrillators are obtainable generally in hospitals. Therefore, hospitals take a considerable support to the development of external and implantable defibrillators. Supreme development witnessed in the Communal Admittance Market in the year 2016. This development credited to modification in strategies by governments of established nations. Creating it compulsory fields and organizations to stock & uphold Automated External Defibrillator [AEDs]. Furthermore, there is an upsurge in alertness and teaching courses, motivating development of this subdivision.
The Defibrillator market on the source of Type of Product could span External Defibrillator [ED]:- Wearable Cardioverter Defibrillator, Manual ED, Automated ED, Implantable Cardioverter Defibrillator (Dual Chamber, Single Chamber, CRT-D, T-ICD,S-ICD). The subdivision of ICDs backed to beyond 50.0% stake of the general market in the year 2016. These instruments utilized such as an unceasing observing instrument for arrhythmias also. The range of these instruments has enlarge dowing to the combination of additional equipment, for example pacesetters, using defibrillators. Such as ICDs utilized for handling arrhythmias for a prolonged period, this subdivision expected to show substantial development.
The external defibrillators utilized largely for artificial respiration purposes in the circumstances of Sudden Cardiac Arrest [SCA]. They likewise utilized to calm down patients up until they reach the hospital or the medicinal assistance reaches. External products likely to develop by a rewarding percentage for the period of the prediction. The development credited to helpful governmental strategies in established nations and growing alertness & teaching courses connect to external defibrillators.
The Defibrillator industry on the source of Area with respect to Trades in terms of intake, Profits, Market stake and Development percentage in these areas, for the duration of the prediction could span North America [U.S.A, Canada], Europe [Germany, U.K.], Asia Pacific [India, Japan, China], Latin America [Brazil, Mexico], Middle East & Africa [South Africa]. By the source of geography, North America was responsible for an important stake of the general market in the year 2016. This support was credited to growing alertness, growing occurrence of cardiac sicknesses, helpful government strategies, promising compensation structures, and growth in exercise plans.
Asia Pacific is recognized as the speedily developing market for defibrillators. Fantastic openings for development witnessed in this area owing to growing alertness and approachability of these instruments. Furthermore, growing occurrence of cardiac sicknesses in this area likewise funds development of this subdivision. The statement revises Trades in terms of intake of Defibrillator in the market; particularly in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. It concentrates on the topmost companies operating in these regions.
Some of the important companies operating in the field on the international basis are Schiller AG, ProgettiSrl, Defibtech LLC, Physio-Control Inc., ZOLL Medical Corporation, LivaNova, St. Jude Medical LLC, Fukuda Denshi Co., Ltd., Heart Sine Technologies LLC, Nihon Kohden Corporation, Cardiac Science, Koninklijke Philips N.V., Boston Scientific Corporation and Medtronic.
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adityarana1687-blog · 3 years ago
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Electrophysiology Devices Market Expected To Have An estimated Worth Of $12.2 Billion Valuation By 2026
The global electrophysiology devices market size is expected to reach USD 12.2 billion by 2026, according to a new report by Grand View Research, Inc. expanding at a CAGR of 11.70% over the forecast period. The demand for electrophysiology devices is expected to increase owing to growing old age population and frequent cardiac arrhythmias incidents. Adoption of ablation and diagnostics techniques among physicians has resulted in increased usage of the product in the past few years and is likely to drive market growth. Development of new devices such as Nanostim-dual-chamber leadless pacemaker is also anticipated to fuel demand in the market.
Cardiac ablation has gained popularity as the first-line treatment, rendering a 95% success rate for several rhythm disorders and is anticipated to be a key driving factor for growth. Diagnostic electrophysiology catheters are estimated to grow at high CAGR in the foreseeable future. Technological developments such as laser ablation, cryo-ablation, and ultrasound ablation, coupled with optimized mapping techniques are anticipated to augment market growth over the forecast period.
To request a sample copy or view summary of this report, click the link below: www.grandviewresearch.com/industry-analysis/electrophysiology-devices-market
Further Key Findings from the Study Suggest:
Electrophysiology diagnostic devices held a major share in the application segment in 2018. Collectively, cardiac monitors held the largest market share in electrophysiology diagnostic segment. The devices include Holter monitors, ECG monitors, and Insertable Cardiac Monitors (ICM). Growth can be attributed to increasing usage of digital and portable systems in the ambulatory setting and improving diagnostic interventional capabilities of healthcare consultants.
EP mapping and imaging systems are anticipated to grow rapidly during the forecast period. Technological improvements such as Optima IGS 320 and GE Healthcare’s Innova IGS 520 are projected to provide future opportunities for growth. These are dose efficient products and cardiac imaging systems that allow interventional cardiologist to perform compound interventional procedures with accuracy and ease.
Electrophysiology treatment devices include pacemakers, implantable cardioverter defibrillators (ICD) and catheters. Pacemakers emerged as the largest treatment devices segment in 2018 owing to rising prevalence of different types of arrhythmia among the population and extensive usage of cardiac rhythm management devices. However, rising costs related to the product, existence of strict regulations and accessibility of substitute therapies are anticipated to hamper the growth. Automated external defibrillators (AEDs) are expected to witness high growth rate during the forecast period attributed to increasing use in treating out-of-hospital cases of cardiac arrest.
North America held the largest market share in 2018 owing to a high patient base of cardiac arrhythmia resulting from unhealthy lifestyle habits. Increasing demand for the latest healthcare infrastructure and rising consumer awareness are anticipated to propel growth.
Asia-Pacific is a lucrative market owing to the high rate of unmet medical requirements leading to an increase in the number of patients. Rapid developments in healthcare infrastructure and increase in disposable income in emerging economies such as India and China are expected to provide new avenues and opportunities for companies to capitalize over the forecast period.
There are top 4 players who command around 60% of the electrophysiology devices market. Boston Scientific Corporation, Medtronic Plc., Abbot Laboratories, and Biosense Webster, Inc., is predominantly led by powerful product portfolios and significant brand recognition. Other players include Biotronik SE & Co. KG.
Grand View Research has segmented the global electrophysiology devices market based on medical condition, service and region:
Electrophysiology Devices Application Outlook (Revenue, USD Million; 2015 - 2026)
Treatment Devices
Diagnostic Devices
Implantable Cardioverter Defibrillators (ICDs)
Automated external defibrillators (AEDs)
Pacemakers
CRT-P
CRT-D
Catheters
Others
Holter Monitoring Devices
Diagnostic Electrophysiology Catheters
Electrocardiograph (ECG)
EP Mapping & Imaging Systems
Implantable cardiac monitors (ICM)
Others
Electrophysiology Devices Indication Outlook (Revenue, USD Million; 2015 - 2026)
Atrial Fibrillation (AF)
Supraventricular Tachycardia
Atrioventricular Nodal Re-entry Tachycardia (AVNRT)
Wolff-Parkinson-White Syndrome (WPW)
Bradycardia
Others
Electrophysiology Devices End-Use Outlook (Revenue, USD Million; 2015 - 2026)
Hospitals
Ambulatory Surgical Centers
Others
Electrophysiology Devices Region Outlook (Revenue, USD Million; 2015 - 2026)
North America
Europe
Asia Pacific
Latin America
Middle East and Africa
U.S.
Canada
UK
Germany
France
Italy
Spain
Japan
China
India
Australia
Brazil
Mexico
Saudi Arabia
South Africa
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
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nitasonwane · 3 years ago
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External Defibrillator Market By Size, Share, Trends, Growth, Analysis, Opportunities and Segments Poised for Rapid Growth by 2026
Increased support from governments in the healthcare sector is expected to propel growth in the global external defibrillator market. Fortune Business Insights in a report, titled “External Defibrillator: Global Market Analysis, Insights and Forecast, 2019-2026” published the above information. External defibrillator devices are used to deliver shock therapy to patients suffering from sudden cardiac arrests.
The growing focus on public access defibrillator or (PAD) by private organizations and leading players are expected to drive the market. Also, the rising prevalence of cardiovascular disorders is projected to help expand the global market in the coming years. The global market was worth US$ 3152.5 Mn in 2018 and is projected to reach US$ 6463.0 Mn by 2026. At this pace, the global market will exhibit a CAGR of 9.4% during the forecast period.
For more information in the analysis of this report, visit: https://www.fortunebusinessinsights.com/industry-reports/external-defibrillator-market-100949
Rapid Advancements in Medical Technology Helps the Market Grow in North America
North America is expected to lead the global external defibrillator market owing to huge technological advancements in healthcare. Moreover, the region was worth US$ 1690.6 Mn in the year 2018. Rising support from governments and favorable schemes on reimbursements are factors creating growth opportunities for the market in North America. Also, the region is witnessing more number of external defibrillator installations in hospitals and other public places.
This, as a result, is likely to reduce fatalities from cardiac arrests and this is why North America holds a prominent share in the global market. The rise in training programs on Automated External Defibrillator (AED) in this region is also expected to encourage growth in the market.
Advancements in External Defibrillators to Offer Faster Treatment and Spurs Growth
“The demand for handling cardiovascular patients is growing across the world,” said a lead analyst at Fortune Business Insights. “This is further expected to lead to innovations in external defibrillators such as automated external defibrillator (AED),” he added. These AED devices covered 45.9% share in the global market in 2018 owing to their minimal costs. Also, advancements in external defibrillator are expected to enhance the comfort level of patients by delivering a faster treatment.
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