Global Defibrillator Market is likely to surpass US$ 15 Billion mark by the end of year 2025
Renub Research report titled “Defibrillator Market Global Forecast, by Product [Implantable Cardioverter Defibrillator {Transvenous Implantable Cardioverter Defibrillators (Single-chamber ICDs & Dual-chamber ICDs & Biventricular ICDs/Cardiac Resynchronization Therapy Defibrillators) & Subcutaneous Implantable Cardioverter Defibrillators}, Automated External Defibrillators, Advanced Life Support Defibrillators & Wearable Cardioverter Defibrillators], End Users, Regions, Companies” provides a complete analysis of Global Defibrillator Market. Global Defibrillator Market is likely to surpass US$ 15 Billion mark by the end of year 2025.
The main factors driving the growth of the market are; Increases cardiovascular disease incidence rate, The number of cardiac arrests around the world is rising, Progress in technology, Improved research and development in defibrillator engineering, The number of innovative products is growing, The world’s growing population of geriatrists etc.
A family member experiences heart arrests at home in almost 80% of cases according to American Heart Association. It is clear that, after the person collapses, successful AED shock should be administered to a patient within three to five minutes. Increasing prevalence of cardiovascular disease due to eating habits and lifestyle change will have a significant long-term impact on the global defibrillator market.
Defibrillator is a life-saving machine that maintains the heart beating no matter how fast or slows the heart beats. Defibrillator is more practical than pacemaker system. It also acts as a pacemaker and when heart beat is quite slow or malfunction is detected. To restore heart beat to its original state, it also gives shocks.
Different public and private organizations have been active in defibrillation training and awareness programs. Publicly installed AEDs are sometimes prone to failure due to power, software, or hardware problems. The FDA submitted 72,000 medical device complaints related to AED malfunction between January 2005 and September 2014.
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Market Summary:
By Product: In this study, we have performed extensive product-based analysis of the global Defibrillator market; Automated External Defibrillators, Implantable Cardioverter Defibrillator, Advanced Life Support Defibrillators and Wearable Cardioverter Defibrillators. Implantable Cardioverter Defibrillator is further categorized into parts; Transvenous Implantable Cardioverter Defibrillators (T-ICDs) and Subcutaneous Implantable Cardioverter Defibrillators (S-ICDs).
By End-User: In this study, we have split the market into four sections based on end-users; hospital, pre-hospital, public access market, primary care market, and home healthcare. We have also analyzed the key factors impacting the small segment industry, such as the Alternative Care Industry and Home Healthcare.
By Regions: In this study, we presented a 360-degree perspective on the regional market along with key factors and key challenges that will have a long-term impact on the market.
By Companies: In this report, we have provided full insight into the competitive landscape, such as the study of top key players that will affect the global defibrillator market.
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Key Topics Covered :
1. Executive Summary
2. Global Defibrillator Market
3. Market Share – Global Defibrillator (2011 – 2024)
3.1 By Product
3.2 By Region
4. By Product – Global Defibrillator Market (2011 – 2024)
4.1 Implantable Cardioverter Defibrillator
4.2 Automated External Defibrillators
4.3 Advanced Life Support Defibrillators
4.4 Wearable Cardioverter Defibrillators
5. By End User – Global Defibrillator Market (2011 – 2024)
5.1 Hospitals
5.2 Pre-Hospitals
5.3 Public Access Market
5.4 Alternate Care Market
5.5 Home Healthcare
6. By Region – Global Defibrillator Market (2011 – 2024)
6.1 North America
6.2 Latin America
6.3 Europe
6.4 Asia-Pacific
6.5 Middle East/Africa (MEA)
7. Company Analysis
7.1 Medtronic
7.2 Boston Scientific
7.3 Philips Healthcare
7.4 St. Jude Medical
7.5 Nihon Kohden Corporation
7.6 Zoll Medical
8. Growth Drivers
8.1 High incidences of Sudden Cardiac Arrest (SCA) and Cardiovascular Diseases (CVD)
8.2 Rapidly Growing Geriatric Population with Elevated Risk of Targeted Diseases
9. Key Challenges
9.1 Lack of Awareness about Sudden Cardiac Arrest (SCA)
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