Global Defibrillator
Market Report
2024
The Defibrillator market was valued at $13.16 billion in 2022 and will reach $23.1 billion by 2030, with a CAGR of 5.8% during the forecast period.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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The Defibrillator market was valued at $13.16 billion in 2022 and will reach $23.1 billion by 2030, with a CAGR of 5.8% during the forecast period.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Defibrillator Market Sales Revenue 2022 | $ 13.16 Billion |
Global Defibrillator Market Sales Revenue 2030 | $ 23.1 Billion |
Global Defibrillator Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 5.8% |
Market Split by Product |
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Market Split by Patient Type |
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Market Split by End-User |
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Market Split by Indication |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Defibrillator Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Defibrillator is a machine used to restore the normal heartbeat by providing shock or electric impulses to the heart. They are useful in correcting the uneven heartbeat, known as arrhythmia. There are various types of defibrillators, to save the people from cardiac arrest, automated external defibrillators are used and now are available in various public places. Defibrillators which are surgically introduced in the body are called cardioverter Defibrillators. Other defibrillators are wearable cardioverter defibrillators, which can be used by wearing under the clothes. Increasing incidence of cardiac arrest, new product launch, supportive government initiative are the prime drivers of the defibrillator market.
The surge in cardiovascular disorder helps in the growth of the market. The market is expanding due to awareness and usage of the automated external defibrillator (AED). AED is available and accessible in public places as more people are aware of the ability to save lives. In case of urgency people can use the defibrillator that is placed in a public place.
With the growing age, people are more prone to the chronic disorder. Elderly people can need a daily basis or emergency treatment. The wearable cardioverter defibrillator is appropriate to elderly patients as they can simply use it by wearing inside clothes for the whole day to prevent any life-threatening events. Global geriatric population has increasing demand for defibrillators, which drive the market growth.
During the forecast period, it is anticipated that the defibrillator market may experience growth challenges, due to lack of awareness about cardiac arrest in developing countries. However, inadequate reimbursement in developing and underdeveloped countries and lack of infrastructure, will restrain the market expansion.
The research and development activities are growing related to the defibrillator. It will provide the future opportunities to the market. Moreover, training, awareness and safe defibrillators are produced that will grow the market opportunities and will contribute towards the defibrillator market expansion
Due to the decreased surgical procedure during covid-19, the covid has detrimental effects on the global defibrillator market. Since there was an increased risk of covid-19, the surgical procedure was postponed. The pandemic has negatively impacted hospitals' purchasing power as well. In particular, small-scale organizations have cancelled supply transactions, which has decreased overall revenue of market participants. Covid-19 had an effect on many levels of the value chain because of the strict lockdown the government imposed. Each of these factors has a detrimental effect on the defibrillator market.
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The key market players included in the report are Medtronic, Abbott, Boston Scientific Corporation, Koninklijke Philips N.V., A Nihon Kohden Company, BIOTRONIK, Stryker, and MicroPort Scientific Corporation
These companies are striving to come up with new strategies such as joint ventures, mergers & acquisitions, and joint ventures to expand their footprints across the globe.
The Rankin government made a huge investment of USD 700,000. The reason for the investment was making devices available for the emergency situation.
The collaboration was signed to provide affordable healthcare and leverage the Indian government policy like make in India initiatives.
In Leipzig, Germany, STERIS inaugurated a brand-new medical device testing centre. The production of medical devices will take place in this new facility. It complements the current E-beam, the gamma and testing services provided in Germany and includes extra packaging and microbiological analysis capabilities.
Top Companies Market Share in Defibrillator Industry: (In no particular order of Rank)
If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.
North America dominates the market of Defibrillators during the forecast period. Growing frequency of cardiovascular disease, availability of the standard healthcare infrastructure, proper law related to healthcare, existence of key players in the region are some factors that drive high growth in the area. As per CDC report, by 2021, around 695,000 American people had died due to heart related disease. The growing incidence of cardiovascular disease in the region improves the growth of the defibrillator market. As the existence of the key players of the market in the region, it witnesses the variety of activities like product launch, partnership, major acquisition in implanted cardioverter defibrillator and external defibrillator. As a result, the market is projected to develop faster in this region.
The current report Scope analyzes Defibrillator Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
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Global Defibrillator Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Defibrillator Industry growth. Defibrillator market has been segmented with the help of its Product, Patient Type End-User, and others. Defibrillator market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
Based on product type, the Defibrillator market is segmented into external defibrillators and implantable cardioverter defibrillators. The implantable cardioverter defibrillator is having the highest market share. Increasing cardiovascular disease, growing population, increasing the use of defibrillators related to cardiovascular disease.
The external defibrillators are projected to grow faster in the forecast period. As it is easy and simple to use & wear inside the clothes. It prevents life threatening events and is more useful for the geriatric population. It is predicted to grow faster in the forecast period.
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Defibrillator Industry. Request a Free Sample PDF!
Based on the patient type, the Defibrillator market segment is divided into adult and paediatric. The adult patient type is anticipated to have the highest revenue share. Adults are more prone to cardiovascular diseases as compared to paediatrics. According to WHO, an estimated 17.9 million people are heading towards death and 85% of deaths are related to heart attack and stroke each year.
The above Graph is for representation purposes only. This chart does not depict actual Market share. Please purchase the Defibrillator market report 2024 Edition by contacting our team.
The end user Defibrillator market segment is divided into per hospital, hospital, homecare and public areas. The hospital segment has the highest market share. Due to the increasing inpatient number and growing surgical procedure related to cardiovascular disease. Hospital segments have the highest usage of the implantable cardiovascular defibrillator and external defibrillator. Due to which the hospital segment is growing fast.
Public areas are anticipated to grow faster in the forecast period. Due to placing the defibrillator system in public places, making them aware about the automated external defibrillator.
Research Associate at Cognitive Market Research
Anushka Gore is a seasoned market researcher specializing in the dynamic landscape of the Pharmaceutical industry. With a keen analytical mind and a deep passion for healthcare advancements, she has dedicated herself unraveling the intricate market trends and consumer behaviors that shape the future of medical technologies and services.
Anushka is a highly motivated and detail-oriented research analyst with a passion for uncovering valuable insights from data. Her expertise in Market Research and business intelligence has equipped her with the skills necessary to analyze complex information and provide strategic recommendations. She thrives in dynamic environments where her analytical abilities and research expertise can contribute to informed decision-making for businesses
I played a pivotal role in conducting market research and competitive analysis. I have a demonstrated ability to synthesize diverse data sources, identify trends, and translate findings into actionable recommendations. My collaborative approach facilitated effective communication of insights, fostering a data-driven culture within the organization. I am committed to maintaining excellence through continuous learning and staying ahead of industry trends. Regular participation in conferences and professional development opportunities keeps my skills sharp and relevant.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Defibrillator Market is witnessing significant growth in the near future.
In 2023, the External Defibrillator segment accounted for noticeable share of global Defibrillator Market and is projected to experience significant growth in the near future.
The Adult segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies CU Medical System Inc , Cardiac science corporation and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Disclaimer:
Product | External Defibrillator, Wearable cardioverter-defibrillator (WCD), Automated External Defibrillator (AED), Implantable cardioverter defibrillator (ICD), Others |
Patient Type | Adult, Paediatric |
End-User | Hospital, Pre hospital, Homecare, Public care, Other |
Indication | Cardiac arrest, Arrhythmia, Others |
List of Competitors | CU Medical System Inc, Mediana Co Ltd, Cardiac science corporation, LivaNova PLC, Schiller AG, Stryker corporation |
This chapter will help you gain GLOBAL Market Analysis of Defibrillator. Further deep in this chapter, you will be able to review Global Defibrillator Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
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Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
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Qualitative Analysis for the North America Market: North America Defibrillator Market Trends North America Defibrillator Technological Road Map North America Defibrillator Market Drivers North America Defibrillator Market Restraints North America Defibrillator Market Opportunity Market Attractiveness Analysis COVID – 19 Impact Analysis PESTEL Analysis Porter’s Five Forces Analysis Product Life Cycle Industrial Chain Analysis
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Chapter 3 Europe Market Analysis
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Chapter 4 Asia-Pacific Market Analysis
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Chapter 5 South America Market Analysis
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Chapter 6 Middle East and Africa Market Analysis
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Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Product Analysis 2019 -2031, will provide market size split by Product. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Product Analysis 2019 -2031
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Chapter 11 Market Split by Patient Type Analysis 2019 -2031
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Chapter 12 Market Split by End-User Analysis 2019 -2031
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Chapter 13 Market Split by Indication Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Defibrillator market
Chapter 14 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why External Defibrillator have a significant impact on Defibrillator market? |
What are the key factors affecting the External Defibrillator and Wearable cardioverter-defibrillator (WCD) of Defibrillator Market? |
What is the CAGR/Growth Rate of Adult during the forecast period? |
By type, which segment accounted for largest share of the global Defibrillator Market? |
Which region is expected to dominate the global Defibrillator Market within the forecast period? |
Segmentation Level Customization |
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Global level Data Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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