Global Defibrillators By Product (Implantable Cardioverter Defibrillators and External Defibrillators), End User (Hospitals, Clinics, and Cardiac Centres, Pre-Hospital Care Settings, Public Access Markets, Home Care Settings and Alternate Care Facilities), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East & Africa) Industry Trends and Forecast to 2028
Data Bridge Market Research analyses that the defibrillators market will exhibit a CAGR of around 5.81% for the forecast period of 2021-2028. Rising preferences for automated external defibrillators in prehospital settings, increased focus of technological advancements involved in the manufacturing of medical devices, and rising expenditure on the healthcare infrastructure development especially in the developing economies are the major factors attributable to the growth of defibrillators market.
Defibrillators are the medical devices that are used to treat cardiac arrest by delivering a dose of electric current or counter shock to the heart. Defibrillators are the medical devices that allow the natural pacemaker of the body to restore ordinary sinus rhythm.
Upsurge in the prevalence of cardiac diseases among the population is one of the major factors fostering the growth of defibrillators market. Rising advent of various innovations and researches in the field of healthcare to develop the technology involved and ever-rising geriatric population are some other defibrillators market growth determinants. Growing urbanization, changing lifestyle, surge in the awareness regarding public-access defibrillators, and increasing personal disposable income will further generate lucrative defibrillators market growth opportunities.
However, demand for pharmaceutical drugs over defibrillators will act as a market growth restraint. High prices associated with the devices will further derail the defibrillators market growth rate. Rising product failures and recalls will further pose challenges for the defibrillators market.
This defibrillators market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on defibrillators market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Defibrillators Market Scope and Market Size
The defibrillators market is segmented on the basis of product and end user. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- Based on product, the global defibrillators market has been divided into implantable cardioverter defibrillators and external defibrillators. Implantable cardioverter defibrillators segment is sub-segmented into transvenous implantable cardioverter defibrillators and subcutaneous implantable cardioverter defibrillators. Transvenous implantable cardioverter defibrillators segment is further bifurcated into biventricular ICDS/cardiac resynchronization therapy defibrillators, dual-chamber ICDS and single-chamber ICDs. External defibrillators segment is sub-segmented into automated external defibrillators, manual external defibrillators and wearable cardioverter defibrillators. Automated external defibrillators segment is further bifurcated into semi-automated external defibrillators and fully automated external defibrillators.
- Based on the end user, the defibrillators market is segmented into hospitals, clinics, cardiac centres, pre-hospital care settings, public access markets, home care settings, and alternate care facilities.
Defibrillators Market Country Level Analysis
The defibrillators market is analysed and market size insights and trends are provided by country, product, and end user as referenced above.
The countries covered in the defibrillators market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the defibrillators market in terms of market share and market revenue and will continue to flourish its dominance during the forecast period. This is because of the prevailing sophisticated level of healthcare facilities, increasing expenditure for research and development activities, and surge in the cases of cardiac diseases. Asia-Pacific on the other hand is projected to exhibit the highest growth rate during the forecast period owing to the large patient pool, increased expenditure on healthcare infrastructure and high penetration of defibrillators. Rising awareness about public-access defibrillators is also driving the market growth in this region.
The country section of the defibrillators market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure growth Installed base and New Technology Penetration
The defibrillators market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for digital health technologies market, impact of technology using life line curves, and changes in healthcare regulatory scenarios and their impact on the defibrillators market. The data is available for historic period 2010 to 2019.
Competitive Landscape and Defibrillators Market Share Analysis
The defibrillators market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to defibrillators market.
The major players covered in the defibrillators market report are Medtronic, Boston Scientific Corporation, Koninklijke Philips N.V., Abbott, NIHON KOHDEN CORPORATION., ZOLL Medical Corporation, BIOTRONIK SE & Co. KG, Shenzhen Mindray Bio-Medical Electronics Co., Ltd., Physio-Control, Inc., LivaNova PLC, SCHILLER, Mindray DS USA, Inc., Mediana Co.,Ltd, Metrax GmbH, FUKUDA DENSHI, Progetti srl, HeartSine Technologies LLC., Defibtech LLC., Asahi Kasei Corporation, and Stryker among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available : Global Defibrillators Market
Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customised to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.