#Global Automated External Defibrillator (AED) Market Growth

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External Defibrillators Market - Emerging Trend, Top Players & Revenue Insights to 2030

The global external defibrillators market was valued at USD 3.51 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 9.7% from 2024 to 2030. This growth can be attributed to a variety of factors, including advancements in defibrillator technology, government initiatives aimed at increasing the accessibility of Automated External Defibrillators (AEDs) in public places, the rising incidence of sudden cardiac arrest (SCA), and proactive efforts by key market players. According to the American College of Cardiology Foundation in March 2021, the availability of public access to AEDs has significantly improved survival rates for individuals experiencing sudden cardiac arrests, underscoring the critical role these devices play in emergency situations. Additionally, the growing risk of heart conditions within the target population, particularly among those with sedentary lifestyles and aging demographics, presents opportunities for external defibrillators, including the development and utilization of at-home AEDs to help mitigate the risks associated with cardiac arrest.

The global increase in cardiac disease prevalence, linked to factors like sedentary lifestyles and an aging population, has led to higher rates of hospital admissions, particularly in critical care units. For example, a report by Boehringer Ingelheim GmbH in August 2021 revealed that heart failure, a chronic and debilitating condition, affects approximately 60 million individuals globally. Similarly, the Australian Institute of Health and Welfare reported in May 2022 that cardiovascular diseases (CVDs) accounted for 3.8% of hospital admissions, with many patients requiring intensive care. This rise in emergency and critical care admissions highlights the need for efficient cardiac rhythm management devices, contributing to the growth of the external defibrillator market. As cardiac conditions continue to rise, the demand for devices that can rapidly respond to cardiac arrest is expected to escalate, driving market expansion.

Gather more insights about the market drivers, restrains and growth of the External Defibrillators Market

Regional Insights:

North America External Defibrillators Market Trends

North America dominated the external defibrillators market with a revenue share of more than 42.93% in 2023. The region's substantial share is driven by several factors, including the presence of major industry players, supportive regulations that encourage the public availability of AEDs, and widespread adoption of defibrillators in healthcare facilities. Many national organizations in the U.S., such as the American Heart Association (AHA), advocate for the implementation of comprehensive Public Access Defibrillation (PAD) programs. These programs include the strategic placement of AEDs in public areas, along with regular maintenance, testing, and training for responders. Additionally, PAD programs emphasize coordination with Emergency Medical Services (EMS) and continuous quality improvement, all of which contribute to the high adoption rate of AEDs in public and healthcare settings across North America. This regulatory and infrastructural support has positioned North America as a leader in the external defibrillators market.

Europe External Defibrillators Market Trends

Europe is projected to witness the fastest growth in the external defibrillators market, with an estimated CAGR of 10.6% over the next several years. This growth is driven by several factors, including the region's well-established healthcare infrastructure, a large aging population that is more susceptible to cardiovascular diseases, and the presence of key players in the market. One example is WEINMANN Emergency Medical Technology GmbH + Co. KG, a German company that manufactures the MEDUCORE Standard series of external defibrillators. These devices are designed for use by emergency medical services, military medical teams, and hospitals. The strong presence of such companies in Europe, combined with the aging population's growing vulnerability to CVDs, is expected to drive demand for external defibrillators in the region.

Browse through Grand View Research's Category Medical Devices Industry Research Reports.

The global demineralized bone matrix market size was estimated at USD 1.24 billion in 2024 and is projected to grow at a CAGR of 5.9% from 2025 to 2030.

The global intravenous catheters market size was valued at USD 9.24 billion in 2024 and is projected to grow at a CAGR of 6.0% from 2025 to 2030.

Key Companies & Market Share Insights:

The external defibrillators market is highly competitive, with numerous players, both large and small, contributing to the fragmented nature of the industry. This competitive environment drives innovation and market expansion as companies seek to differentiate themselves. To sustain and grow their market positions, many companies are adopting strategies such as mergers and acquisitions, geographic expansion, and the introduction of new products. For instance, in September 2021, ZOLL MEDICAL made a strategic move by launching three models of AEDs in Thailand. This decision was based on the anticipated demand for AEDs in the country, with ZOLL MEDICAL estimating a need for up to 10,000 units. This initiative underscores ZOLL MEDICAL's proactive approach to addressing the growing demand for AEDs in Thailand, a market where the need for life-saving defibrillation technology is expected to increase significantly. Such market moves reflect the increasing focus on meeting global demand for AEDs and further demonstrate the industry's commitment to improving cardiac arrest survival rates through enhanced accessibility to defibrillation technology.

Key External Defibrillators Companies:

Koninklijke Philips N.V.

Stryker

ZOLL Medical Corporation

Nihon Kohden Corporation

Progetti Srl

Schiller AG

MS Westfalia GmbH

AMI Italia

Bexen Cardio

Silverline Meditech Pvt. Ltd.

Mediana Co., Ltd.

Shenzhen Mindray Bio-Medical Electronics

CU Medical

BPL Medical Technologies

Corpuls

Order a free sample PDF of the External Defibrillators Market Intelligence Study, published by Grand View Research.

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External Defibrillators Market Analysis, Research, Review, Applications and Forecast to 2030

The global external defibrillators market was valued at USD 3.51 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 9.7% from 2024 to 2030. This growth can be attributed to a variety of factors, including advancements in defibrillator technology, government initiatives aimed at increasing the accessibility of Automated External Defibrillators (AEDs) in public places, the rising incidence of sudden cardiac arrest (SCA), and proactive efforts by key market players. According to the American College of Cardiology Foundation in March 2021, the availability of public access to AEDs has significantly improved survival rates for individuals experiencing sudden cardiac arrests, underscoring the critical role these devices play in emergency situations. Additionally, the growing risk of heart conditions within the target population, particularly among those with sedentary lifestyles and aging demographics, presents opportunities for external defibrillators, including the development and utilization of at-home AEDs to help mitigate the risks associated with cardiac arrest.

The global increase in cardiac disease prevalence, linked to factors like sedentary lifestyles and an aging population, has led to higher rates of hospital admissions, particularly in critical care units. For example, a report by Boehringer Ingelheim GmbH in August 2021 revealed that heart failure, a chronic and debilitating condition, affects approximately 60 million individuals globally. Similarly, the Australian Institute of Health and Welfare reported in May 2022 that cardiovascular diseases (CVDs) accounted for 3.8% of hospital admissions, with many patients requiring intensive care. This rise in emergency and critical care admissions highlights the need for efficient cardiac rhythm management devices, contributing to the growth of the external defibrillator market. As cardiac conditions continue to rise, the demand for devices that can rapidly respond to cardiac arrest is expected to escalate, driving market expansion.

Gather more insights about the market drivers, restrains and growth of the External Defibrillators Market

Regional Insights:

North America External Defibrillators Market Trends

North America dominated the external defibrillators market with a revenue share of more than 42.93% in 2023. The region's substantial share is driven by several factors, including the presence of major industry players, supportive regulations that encourage the public availability of AEDs, and widespread adoption of defibrillators in healthcare facilities. Many national organizations in the U.S., such as the American Heart Association (AHA), advocate for the implementation of comprehensive Public Access Defibrillation (PAD) programs. These programs include the strategic placement of AEDs in public areas, along with regular maintenance, testing, and training for responders. Additionally, PAD programs emphasize coordination with Emergency Medical Services (EMS) and continuous quality improvement, all of which contribute to the high adoption rate of AEDs in public and healthcare settings across North America. This regulatory and infrastructural support has positioned North America as a leader in the external defibrillators market.

Europe External Defibrillators Market Trends

Europe is projected to witness the fastest growth in the external defibrillators market, with an estimated CAGR of 10.6% over the next several years. This growth is driven by several factors, including the region's well-established healthcare infrastructure, a large aging population that is more susceptible to cardiovascular diseases, and the presence of key players in the market. One example is WEINMANN Emergency Medical Technology GmbH + Co. KG, a German company that manufactures the MEDUCORE Standard series of external defibrillators. These devices are designed for use by emergency medical services, military medical teams, and hospitals. The strong presence of such companies in Europe, combined with the aging population's growing vulnerability to CVDs, is expected to drive demand for external defibrillators in the region.

Browse through Grand View Research's Category Medical Devices Industry Research Reports.

The global demineralized bone matrix market size was estimated at USD 1.24 billion in 2024 and is projected to grow at a CAGR of 5.9% from 2025 to 2030.

The global intravenous catheters market size was valued at USD 9.24 billion in 2024 and is projected to grow at a CAGR of 6.0% from 2025 to 2030.

Key Companies & Market Share Insights:

The external defibrillators market is highly competitive, with numerous players, both large and small, contributing to the fragmented nature of the industry. This competitive environment drives innovation and market expansion as companies seek to differentiate themselves. To sustain and grow their market positions, many companies are adopting strategies such as mergers and acquisitions, geographic expansion, and the introduction of new products. For instance, in September 2021, ZOLL MEDICAL made a strategic move by launching three models of AEDs in Thailand. This decision was based on the anticipated demand for AEDs in the country, with ZOLL MEDICAL estimating a need for up to 10,000 units. This initiative underscores ZOLL MEDICAL's proactive approach to addressing the growing demand for AEDs in Thailand, a market where the need for life-saving defibrillation technology is expected to increase significantly. Such market moves reflect the increasing focus on meeting global demand for AEDs and further demonstrate the industry's commitment to improving cardiac arrest survival rates through enhanced accessibility to defibrillation technology.

Key External Defibrillators Companies:

Koninklijke Philips N.V.

Stryker

ZOLL Medical Corporation

Nihon Kohden Corporation

Progetti Srl

Schiller AG

MS Westfalia GmbH

AMI Italia

Bexen Cardio

Silverline Meditech Pvt. Ltd.

Mediana Co., Ltd.

Shenzhen Mindray Bio-Medical Electronics

CU Medical

BPL Medical Technologies

Corpuls

Order a free sample PDF of the External Defibrillators Market Intelligence Study, published by Grand View Research.

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External Defibrillators Market Revenue, Opportunity, Forecast Report 2030

The global external defibrillators market was valued at USD 3.51 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 9.7% from 2024 to 2030. This growth can be attributed to a variety of factors, including advancements in defibrillator technology, government initiatives aimed at increasing the accessibility of Automated External Defibrillators (AEDs) in public…

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Defibrillators Market: Key Trends and Growth Drivers

The global defibrillators market was valued at USD 7.32 billion in 2023 and is anticipated to grow at a compound annual growth rate (CAGR) of 8.1% from 2024 to 2030. Several factors are contributing to the rapid expansion of this market, including significant product development efforts, an increasing incidence of sudden cardiac arrest (SCA), heightened awareness about heart health, and ongoing initiatives by governments and healthcare organizations to promote the use of defibrillators in emergency situations.

One of the notable developments in the defibrillator market occurred in May 2021, when Rapid Response Revival Research Ltd., an Australian company, received a CE mark for its innovative CellAED, the world’s first personal automated external defibrillator (AED) designed for home use. This achievement not only marked a significant milestone in the defibrillator market but also supported the company’s growth strategy by expanding the accessibility of defibrillation technology beyond hospitals and emergency services to the general public, especially those in home settings. The introduction of such advanced personal defibrillators is expected to contribute to an increased market share as it helps to improve survival rates for sudden cardiac arrest victims in non-hospital environments.

Another key driver for the defibrillators market is the rising geriatric population globally. As people live longer, the aging population is becoming more susceptible to chronic health conditions, particularly cardiovascular diseases (CVDs). Older individuals, particularly those aged 65 and above, are at higher risk of experiencing cardiac events that require immediate intervention to restore normal heart rhythm. Defibrillators, including implantable cardioverter defibrillators (ICDs) and external AEDs, are crucial for the management of such events, as they can deliver life-saving electric shocks to the heart. 

Gather more insights about the market drivers, restrains and growth of the Defibrillators market

Regional Insights

North America

North America held the largest revenue share of more than 42.1% in 2023 within the defibrillators market, driven by multiple factors including the increasing prevalence of heart diseases, a growing elderly population, a well-established healthcare infrastructure, and the strong presence of industry leaders in the region. Additionally, there is a growing awareness among the public and healthcare professionals regarding the technologies available for treating cardiovascular diseases (CVDs), particularly sudden cardiac arrest (SCA).

For example, the Centers for Disease Control and Prevention (CDC) reported that in 2021, approximately 695,000 deaths in the U.S. were attributed to heart disease, accounting for 1 in every 5 deaths. Furthermore, from 2018 to 2019, the U.S. spent around USD 239.9 billion on heart disease-related healthcare. This increasing incidence of heart-related disorders, paired with technological advancements in defibrillator devices, is driving growth in the region's market. The rising awareness of life-saving treatments like implantable cardioverter-defibrillators (ICDs) and automated external defibrillators (AEDs) further propels this growth.

The U.S. market for defibrillators is particularly strong due to the combination of rising demand from both healthcare providers and patients, as well as government initiatives aimed at improving cardiac care. This has led to innovations in defibrillator technology, making devices more efficient, minimally invasive, and user-friendly. With the ongoing focus on improving cardiac health, the demand for defibrillators in North America is expected to remain robust in the coming years.

Asia Pacific

The Asia Pacific (APAC) region is projected to experience substantial growth in the defibrillators market, driven by a range of socio-economic and health factors. Key contributors to this growth include sedentary lifestyles, unhealthy dietary habits, and an aging population, all of which are leading to a higher incidence of cardiovascular diseases (CVDs). As a result, there is an increasing demand for effective treatment options, such as defibrillators, to address the rising number of cardiovascular incidents.

For instance, a 2022 report on the global burden of cardiovascular diseases revealed that high-income countries in the Asia Pacific region had a CVD mortality rate of 76.6 deaths per 100,000 individuals, while Central Asia recorded a significantly higher rate of 516.9 deaths per 100,000 people. This stark difference highlights the increasing prevalence of CVDs in certain parts of the region, particularly as countries like China, India, and Japan see a rise in lifestyle-related health issues such as obesity and hypertension. Consequently, the demand for defibrillators in Asia Pacific is on the rise, driven by the increased number of cardiology procedures and interventions.

 Browse through Grand View Research's Medical Devices Industry Research Reports.

• The global smart orthopedic implants market size was valued at USD 25.7 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 4.5% from 2024 to 2030.

• The global implantable cardioverter defibrillators market size was estimated at USD 3.81 billion in 2023 and is projected to grow at a CAGR of 6.4% from 2024 to 2030.

Key Companies & Market Share Insights

The market has been characterized by intense competition. Market players incorporate various strategic initiatives to increase their market share. These include product development, regional expansion, partnerships and collaborations, and mergers & acquisitions. For instance, In August 2022, Medtronic reported the achievement of trial endpoints for its investigational EV ICD (extravascular implantable cardioverter defibrillator) system. This innovative device is designed to mitigate specific risks associated with traditional transvenous ICDs by sitting its lead outside the heart and veins, positioned beneath the sternum, through a minimally invasive approach.

Key Defibrillators Companies:

The following companies are leading the charge in the global defibrillators market, driving both technological advancements and market growth:

• Medtronic

• Abbott

• Boston Scientific Corporation

• BIOTRONIK SE & Co. KG

• MicroPort Scientific Corporation

• Koninklijke Philips N.V.

• Stryker

• ZOLL Medical Corporation (Asahi Kasei)

• Nihon Kohden Corporation

• Schiller AG

Order a free sample PDF of the Defibrillators Market Intelligence Study, published by Grand View Research.

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Defibrillator Market 2024 Size, Share, Global Business Outlook and Demand Forecast by 2032

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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The Emergency Medical Services Market is projected to grow from USD 22755 million in 2024 to an estimated USD 36542.63 million by 2032, with a compound annual growth rate (CAGR) of 6.1%from 2024 to 2032.The Emergency Medical Services (EMS) market has become an essential component of healthcare systems worldwide, playing a pivotal role in providing rapid medical care to those in critical situations. This market encompasses a wide range of services, including ambulance transportation, emergency room care, pre-hospital care, and medical emergency response teams. With the rising incidence of accidents, cardiovascular diseases, and other medical emergencies, the EMS market has experienced significant growth. This article delves into the key factors driving the EMS market, current trends, challenges, and future prospects.

Browse the full report at https://www.credenceresearch.com/report/emergency-medical-services-market

Market Overview

The EMS market is a rapidly expanding sector, fueled by increasing urbanization, rising incidences of chronic diseases, and a growing aging population. EMS provides life-saving care during emergencies, ranging from trauma incidents and cardiac arrests to strokes and severe allergic reactions. The market includes ambulance services, air medical services, emergency medical dispatchers, and specialized equipment such as defibrillators, stretchers, and life-support devices.

The market is divided into several segments based on service type (ground, air, and water ambulances), application (trauma, cardiac care, respiratory care, etc.), and end-user (hospitals, clinics, home care settings, etc.). North America leads the market due to its advanced healthcare infrastructure, followed by Europe and Asia-Pacific, which are experiencing rapid market growth driven by increasing healthcare expenditures and government initiatives.

Key Market Drivers

1. Rising Incidence of Medical Emergencies: The growing number of road accidents, natural disasters, and medical emergencies, such as heart attacks and strokes, is a major driver of the EMS market. According to the World Health Organization (WHO), road traffic accidents alone cause over 1.3 million deaths annually, highlighting the need for efficient EMS services.

2. Technological Advancements: Innovations such as GPS-enabled ambulances, telemedicine integration, and mobile healthcare apps have enhanced the efficiency of EMS. The advent of advanced life-support systems, automated external defibrillators (AEDs), and portable ventilators has significantly improved patient outcomes during emergency care.

3. Government Initiatives and Funding: Governments worldwide are investing heavily in improving EMS infrastructure. For instance, in the United States, the Emergency Medical Services for Children (EMSC) program funds initiatives aimed at enhancing pediatric emergency care. Similarly, emerging economies like India and China are upgrading their EMS systems to meet the growing demand for emergency medical care.

4. Growing Geriatric Population: The aging global population is contributing to the increased demand for EMS services. Older adults are more susceptible to emergencies like falls, cardiac issues, and respiratory complications, necessitating prompt medical intervention.

Market Challenges

Despite the growing demand, the EMS market faces several challenges. One of the main obstacles is the shortage of trained EMS professionals. Many regions, especially in developing countries, lack adequately trained paramedics and emergency medical technicians (EMTs), which can compromise the quality of care provided. Additionally, high operational costs, including ambulance maintenance, fuel, and medical equipment, pose financial challenges to service providers.

Regulatory compliance is another critical challenge. EMS providers must adhere to strict guidelines and regulations that vary by region, often complicating operations. Inconsistent response times and inadequate coverage in rural or underserved areas further hinder the market's growth.

Future Outlook

The future of the EMS market looks promising, with advancements in artificial intelligence, data analytics, and remote monitoring technologies poised to revolutionize emergency care. AI-powered predictive analytics can help EMS providers optimize response times by identifying high-risk patients and allocating resources more efficiently. The integration of wearable devices that monitor vital signs in real time could enable faster diagnosis and treatment during emergencies.

Moreover, the expansion of air ambulance services is expected to drive market growth, especially in remote or inaccessible regions. The increasing use of drones for delivering medical supplies, such as blood or medications, during emergencies is another emerging trend that holds significant potential.

Key Player Analysis:

Asahi Kasei Corporation

B. Braun Melsungen AG (Germany)

Baxter

BD (U.S.)

Boston Scientific Corporation

Cardinal Health (U.S.)

ConvaTec Inc

Danaher

Diagmed Healthcare

GENERAL ELECTRIC COMPANY (U.S.)

Johnson & Johnson Services Inc.

Koninklijke Philips N.V

Medtronic (Ireland)

Merit Medical System

Smith & Nephew (U.S.)

Stryker (U.S.)

Terumo Corporation

Segmentation:

By Type:

Ground ambulances

Air ambulances

And marine ambulances.

By Application:

Trauma care

Cardiac care

Respiratory care

Others

By End Use:

Hospitals

Private clinics

Emergency medical service providers.

Based on the Region:

North America

US

Canada

Mexico

Europe

Germany

France

UK

Italy

Spain

Rest of Europe

Asia Pacific

China

Japan

India

South Korea

South-east Asia

Rest of Asia Pacific

Latin America

Brazil

Argentina

Rest of Latin America

Middle East & Africa

GCC Countries

South Africa

Rest of Middle East and Africa

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Global Defibrillators Market Is Estimated To Witness High Growth Owing To Increasing Incidences of Cardiac Arrest

The global defibrillators market is estimated to be valued at US$ 16,843.5 million in 2022 and is expected to exhibit a CAGR of 5.7% over the forecast period 2022-2030, as highlighted in a new report published by Coherent Market Insights. Defibrillators are medical devices used to restore normal heart rhythm by delivering an electric shock to the heart. They are primarily used in the management of cardiac arrhythmias and sudden cardiac arrest.

Market Overview: Defibrillators play a crucial role in saving lives during emergency situations such as cardiac arrest. According to the American Heart Association, each year, over 350,000 out-of-hospital cardiac arrests occur in the United States alone. Immediate defibrillation is critical for survival as the chances of successful resuscitation decline rapidly with time. The increasing incidences of cardiac arrest and the growing adoption of defibrillators in both hospitals and public places are driving the growth of the global defibrillators market.

Market Key Trends: One key trend observed in the defibrillators market is the increasing demand for automated external defibrillators (AEDs). AEDs are portable devices that are easy to use by both healthcare professionals and non-medical personnel. They can be used by bystanders to provide immediate assistance to a victim of sudden cardiac arrest before professional help arrives. The ease of use and potential to save lives has led to a significant increase in the adoption of AEDs in settings such as schools, airports, offices, and public areas.

For instance, the American Heart Association advocates for widespread public access to AEDs to increase the chances of survival for individuals experiencing sudden cardiac arrest outside of a hospital setting. This has led to initiatives promoting the installation of AEDs in public places, driving the demand for these devices.

PEST Analysis: Political: Governments across the globe are implementing initiatives to increase public access to defibrillators. For example, various countries have passed legislation requiring the installation of AEDs in public buildings and spaces. This political support is expected to drive the demand for defibrillators.

Economic: The growing burden of cardiovascular diseases and the increasing healthcare expenditure in both developed and developing countries are driving the growth of the defibrillators market. Additionally, advancements in technology, such as the development of wearable defibrillators, are also contributing to market growth.

Social: Increasing awareness about the importance of immediate defibrillation and the availability of AEDs in public places are influencing people to proactively seek training in cardiopulmonary resuscitation (CPR) and the use of AEDs. This societal shift is expected to drive the demand for defibrillators.

Technological: Technological advancements in defibrillators, such as the development of smart defibrillators with built-in sensors and connectivity features, are enhancing device functionality and ease of use. These advancements are expected to fuel market growth.

Key Takeaways: - The global Defibrillators Market Demand is expected to witness high growth, exhibiting a CAGR of 5.7% over the forecast period, due to increasing incidences of cardiac arrest and the growing adoption of defibrillators. - North America is expected to dominate the market owing to the high prevalence of cardiovascular diseases, well-established healthcare infrastructure, and favorable reimbursement policies. - Key players operating in the global defibrillators market include Koninklijke Philips N.V., Metrax GmbH, Medtronic, Mindray Medical International Limited, Boston Scientific Corporation, GE Healthcare, Nihon Kohden, Abbott, BIOTRONIK, Stryker, and LivaNova PLC. These players are focusing on technological advancements and strategic collaborations to strengthen their market position.

The global defibrillators market is witnessing significant growth due to the increasing incidences of cardiac arrest and the rising adoption of defibrillators in various settings. The demand for automated external defibrillators (AEDs) is particularly on the rise due to their ease of use and potential to save lives. Governments, healthcare organizations, and the general public are recognizing the importance of immediate defibrillation, leading to initiatives promoting public access to AEDs. With continuous technological advancements and favorable government policies, the global defibrillators market is expected to thrive in the coming years.

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Defibrillator Market Size, Share, Demand Analysis: 2028

Defibrillator Market, by Product Type (Implantable Cardioverter Defibrillator and External Defibrillator), Patient Type (Adult, Paediatric), End Users, and Region (North America, Europe, Asia-Pacific, Middle East and Africa and South America)

The global defibrillators market is projected to reach USD 11.4 billion in 2021, at a CAGR of 10.7% from 2021-2028.

Defibrillators are devices used to deliver therapeutic shock to a patient’s heart in life-threatening conditions such as ventricular fibrillation, cardiac arrhythmia, and pulseless ventricular tachycardia. The defibrillation procedure encompasses delivery of an electric shock to the heart, which depolarizes heart muscles and restores its normal electric impulse.

The rising prevalence of target diseases, growing focus on providing public-access defibrillators, and training and awareness programs on defibrillators are some of the factors that have supported long-term expansion for Defibrillators Market.

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Regional Analysis

The Asia Pacific region is expected to register the highest growth during the forecast period. The Asia Pacific is segmented into China, India, Japan, South Korea, Australia, and the Rest of Asia Pacific, including Malaysia, Taiwan, Singapore, and New Zealand.

Key Players

Asahi Kasei Corporation

Stryker Corporation

Biotronik SE & Co. KG

Boston Scientific Corporation

Philips Healthcare

LivaNova PLC

Medtronic plc

Cardiac Science Corporation

Nihon Kohden Corporation

St. Jude Medical, Inc.

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Recent Developments

In July 2020, Abbott received FDA approval for its next generation ICDs and CRT-Ds under the brand name Gallant.

In June 2020, Koninklijke Philips received FDA pre-market approval for Heart Start FR3 and Heart Start FRX AED

Reasons to Acquire

Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors

Gain authentic and granular data access for Defibrillators Market so as to understand the trends and the factors involved behind changing market situations

Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future

In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns

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Report Scope:

Defibrillators Market is segmented into type, patients’ type, end user and region.

On the basis of Type

Implantable cardioverter defibrillators

Transvenous implantable cardioverter defibrillators

Subcutaneous implantable cardioverter defibrillators

External defibrillators

Manual & semi-automated external defibrillators

Fully automated external defibrillators

Wearable cardioverter defibrillators

On the basis of Patient’s Type  

Adults

Paediatrics

On the basis of End-User  

Implantable cardioverter defibrillators

Transvenous implantable cardioverter defibrillators

Subcutaneous implantable cardioverter defibrillators

External defibrillators

Manual & semi-automated external defibrillators

Fully automated external defibrillators

Wearable cardioverter defibrillators

On the basis of Region

Asia Pacific

North America

Europe

South America

Middle East & Africa

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Delvens is a strategic advisory and consulting company headquartered in New Delhi, India. The company holds expertise in providing syndicated research reports, customized research reports and consulting services. Delvens qualitative and quantitative data is highly utilized by each level from niche to major markets, serving more than 1K prominent companies by assuring to provide the information on country, regional and global business environment. We have a database for more than 45 industries in more than 115+ major countries globally.

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[industryupdate]

Global Automated External Defibrillator Industry Development and Future Analysis

The total value of the global automated external defibrillator market was USD 1,677.3 million in 2021, and it will rise at a growth rate of above 8.6% shortly, reaching USD 3,520.5 million by 2030, according to P&S Intelligence. This growth can be ascribed to the improvements in the AED technology, growing count of strategic growths among main players, and increasing occurrence of cardiac…

[zmithpuri]

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

Download Free Sample Report of Global Automated External Defibrillator (AED) Market @ https://www.decisiondatabases.com/contact/download-sample-13094

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.

Purchase the complete Global Automated External Defibrillator (AED) Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-13094

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

About-Us:             DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics. DecisionDatabases.com is proficient in providing syndicated research report, customized research reports, company profiles and industry databases across multiple domains.

Our expert research analysts have been trained to map client’s research requirements to the correct research resource leading to a distinctive edge over its competitors. We provide intellectual, precise and meaningful data at a lightning speed.

For more details:                             DecisionDatabases.com E-Mail: sales@decisiondatabases.com Phone: +91 9028057900 Web: https://www.decisiondatabases.com/

[fostermarketarch]

Automated Cardiopulmonary Resuscitation (CPR) Devices Market Analysis On The Future Growth Prospects And Industry Research Outlook 2021-2027

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

Get Free PDF Brochure of this Report @https://www.fostermarketresearch.com/product/industry/7/17/Pdf%20Brochure/

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

For More Information Of this Report @https://www.fostermarketresearch.com/product/industry/7/17/

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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[industrynewsupdates]

Growth Drivers in the Defibrillators Market: An In-Depth Analysis

The global defibrillators market is poised for significant growth, with an estimated size of USD 7.32 billion in 2023. Projections indicate a robust compound annual growth rate (CAGR) of 8.1% from 2024 to 2030. Several factors are driving this upward trajectory, including increased product development initiatives, a rising incidence of sudden cardiac arrests, heightened awareness among the general public regarding cardiac health, and supportive measures from governments and healthcare organizations.

One noteworthy development occurred in May 2021, when Rapid Response Revival Research Ltd., an Australian firm, received a CE mark for its innovative CellAED. This device is recognized as the world’s first personal automated external defibrillator (AED) designed specifically for home use, which aligns with the company’s strategic objectives for growth. Such innovations reflect a broader trend of making defibrillation technology more accessible to the general populace, aiming to reduce the fatality rates associated with sudden cardiac events.

Another significant factor influencing the growth of the defibrillators market is the increasing global geriatric population. As individuals age, particularly those aged 65 and above, they become more susceptible to chronic diseases, notably cardiovascular diseases (CVDs). These conditions often necessitate the use of defibrillators to restore normal heart rhythms through electric shocks. A report published in November 2022, titled "Senior Population Statistics: A Portrait of Aging Americans," highlighted that approximately 54.1 million individuals in the United States, representing 16.3% of the population, are aged 65 years or older. This demographic trend underscores the growing demand for defibrillation devices, as healthcare systems strive to address the needs of an aging population.

Gather more insights about the market drivers, restrains and growth of the Defibrillators Market

Product Insights

In terms of product segmentation, implantable cardioverter defibrillators (ICDs) held a dominant market share of over 52.03% in 2023. Several key factors contribute to the growth of this segment, including the increasing adoption of these devices driven by the high prevalence of CVDs, a substantial geriatric population in major markets, and ongoing improvements in product technology by leading companies. For instance, Boston Scientific initiated the MODULAR ATP clinical trial in December 2021 to evaluate the safety, performance, and efficacy of its mCRM Modular Therapy System. This system comprises two cardiac rhythm management devices: the EMBLEM MRI subcutaneous implantable defibrillator (S-ICD) system and another component. The trial aims to thoroughly assess the functionalities of this innovative system.

This strategic initiative highlights Boston Scientific's commitment to enhancing cardiac rhythm management technologies through rigorous clinical evaluations. Furthermore, the external defibrillators segment is anticipated to exhibit the fastest growth rate from 2024 to 2030. This growth can be attributed to technological advancements and initiatives designed to enhance access to automated external defibrillators (AEDs) in public spaces. For example, in March 2023, Safe Life made a strategic acquisition of Coro Medical and AED.us, a company specializing in AED sales and services. This move aims to expand the availability of life-saving equipment and services across the United States, ultimately improving emergency response capabilities.

Overall, the combination of an aging population, increasing cardiovascular health issues, and innovative product developments is driving the defibrillators market forward, positioning it for substantial growth in the coming years.

Order a free sample PDF of the Defibrillators Market Intelligence Study, published by Grand View Research.

[health-views-updates]

Defibrillator Market Outlook: Key Trends and Future Prospects

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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[globalmarketsresearchreports]

Global Defibrillator Devices and Equipment Market Competitive Strategies and Forecasts to 2031

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%.

Request Report Sample Now: https://www.thebusinessresearchcompany.com/sample.aspx?id=2538&type=smp

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

.

.

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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[nikhilghodse20051994]

Insights on the Defibrillator Market to 2028 | The Insight Partners

According to our latest study, titled "Defibrillator Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Product type and End user," the market is projected to reach US$ 14,876.95 million by 2028 from US$ 10,478.31 million in 2021. It is estimated to grow at a CAGR of 5.1% from 2021 to 2028. The report highlights the key factors influencing the market growth and prominent players and their strategies.

Sample PDF showcases the content structure and the nature of the information included in the report which presents a qualitative and quantitative analysis –

Based on the End user, the defibrillator market has been segmented into, Hospitals and Clinics, Prehospital Care, Public Access, Home Care Settings, and Alternate Care Facilities. The Hospitals and Clinics segment is likely to account for a larger market share in 2021. However, the prehospital care segment is expected to register a higher CAGR in the market during the forecast period. Emergency medical services (EMS) responders, who are the first health care providers on the site of a crisis, provide prehospital care. EMS workers are often the first to realize the nature of a crisis and are able to assess the situation and establish the need for resources, particularly medical resources immediately. These licensed/certified personnel may be the first to use crisis standards of care (CSC), and they are key participants in local and state efforts to develop and implement coordinated and integrated CSC plans. Thus, systems that deploy First Responders (FRs) have been developed all over the world to boost the likelihood of prompt cardiopulmonary resuscitation (CPR) and rapid defibrillation with an AED during the emergency cases such as stroke, cardiac arrest, and others.

Medtronic, Abbott, Boston Scientific Corp., Zoll Medical Corp., KONINKLIJKE PHILIPS N.V., Biotronic, Inc., Progetti srl, Shenzhen Mindray Biomedical Electronics Co., Ltd., Nihon Kohden Corp are the leading companies operating in the defibrillator market.

Based on the product type, the defibrillator market is segmented into, Implantable cardioverter defibrillator, and External. The implantable cardioverter defibrillator segment is sub segmented into, transverse ICD and subcutaneous ICD. Moreover, the external segmented is further sub segmented as, Fully Automated External Defibrillators, manual, wearable. The Implantable cardioverter defibrillator segment is expected to hold the largest share of 68.80% of the defibrillator market in 2021. An implantable cardioverter-defibrillator (ICD) is a small battery-powered device that detects and stops irregular heartbeats (arrhythmias) in the chest.  An ICD continuously monitors the heartbeat and, if necessary, administers electric shocks to restore normal heart rhythm. ICDs are used to avoid sudden death in patients undergoing from fibrillation or persistent ventricular tachycardia. ICDs can help avert cardiac arrest in patients who are at high risk of life-threatening arrhythmias.

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Several factors, such as the increasing prevalence of cardiovascular disorders along with surge in training and awareness programs on cardiopulmonary resuscitation and automated external defibrillators. However, cost and performance issues related to implantable and automated external defibrillators is expected to hamper market growth. Cardiovascular diseases (CVDs) are the leading cause of morbidity and mortality globally. The World Health Organization (WHO) estimates 17.9 million lives are lost due to CVDs, i.e., 32% of all deaths are reported globally every year. Four out of five CVD-related mortalities are due to heart attacks and strokes. Unhealthy lifestyles habits, including tobacco consumption, poor diet, obesity, physical inactivity, and excess alcohol consumption, are the leading causes of CVDs.

The Defibrillator Market Has Been Segmented as Follows:

The defibrillator market is analyzed on the basis of the product type and end user. Based on the product type, the defibrillator market is segmented into Implantable cardioverter defibrillator, and External. The implantable cardioverter defibrillator segment is sub segmented into, transverse ICD and subcutaneous ICD. Moreover, the external segment is further sub segmented as, Fully Automated External Defibrillators, manual, wearable. Based on the end user, the defibrillator market has been segmented into Hospitals and Clinics, Prehospital Care, Public Access, Home Care Settings, and Alternate Care Facilities

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