Defibrillators market is expected to grow from USD 8.4 billion in 2019 to USD 14.5 billion by 2026 at a CAGR of 5.3% from 2020 to 2026.
Defibrillators are devices want to deliver therapeutic shock to a patient’s heart in life-threatening conditions like fibrillation, arrhythmia, and pulseless ventricular tachycardia. The defibrillation procedure encompasses delivery of an electrical shock to the guts, which depolarizes heart muscles and restores its normal electric impulse. Rising focus towards public access defibrillator (PAD) by the general public & private organizations has fuelled the market growth. Furthermore, advanced defibrillator devices, rapidly rising geriatric population with elevated risk of targeted diseases, and increasing incidence of cardiac diseases among all ages are further driving the market growth.
Nevertheless, product failures and recalls, growing pricing pressure on players and lack of awareness about sudden asystole (SCA) are restraining the expansion of this market. the expansion during this market is driven by the rising prevalence of target diseases, growing specialise in providing public-access defibrillators, and training and awareness programs on defibrillators. Moreover, emerging markets and therefore the development of S-ICDs and MRI-compatible ICDs and CRT-Ds are expected to supply growth opportunities for players within the market.
The global Defibrillators market is segregated on the basis of Type as Implantable Cardioverter Defibrillators (ICDs) and External Defibrillators. Based on End User the global Defibrillators market is segmented in Hospitals, Clinics, and Cardiac Centers, Prehospital Care Settings, Public Access Markets, Home Care Settings, and Alternate Care Facilities.
The global Defibrillators market report provides geographic analysis covering regions, such as The Defibrillators market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.
Competitive Rivalry
Biotronik, Boston Scientific, CU Medical Systems, Koninklijke Philips N.V., Mediana, Medtronic, Metsis Medikal, Microport, Mindray Medical, Nihon Kohden, and others are among the major players in the global Defibrillators market. The companies studied in terms of product strategy and various n several growth and expansion strategies to gain a competitive edge in the market. The major players not only follow value chain integration with business operations in multiple stages of the value chain.
The global Defibrillators market has been segmented as below:
Defibrillators Market, By Type
Defibrillators Market, By End User
Defibrillators Market, By Region
Defibrillators Market, By Company
The report covers the below scope:
The years considered for the study are as follows:
Report Scope:
The global Defibrillators market report scope includes detailed study covering underlying factors influencing the industry trends. The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies. The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Defibrillators market share. Major industry players with significant revenue share include Biotronik, Boston Scientific, CU Medical Systems, Koninklijke Philips N.V., Mediana, Medtronic, Metsis Medikal, Microport, Mindray Medical, Nihon Kohden, and others.
Why to Buy this Report:
Target Audience:
The report targeted towards the existing players in the industry is as follows:
Free and Paid Customization based on the requirement
Report Content
1.1 Key Insights
1.2 Report Overview
1.3 Markets Covered
1.4 Stakeholders
2.1 Research Scope
2.2 Market Research Process
2.3 Research Data Analysis
2.4.1 Secondary Research
2.4.2 Primary Research
2.4.3 Models for Estimation
2.5 Market Size Estimation
2.5.1 Bottom-Up Approach - Segmental Market Analysis
2.5.2 Top-Down Approach - Parent Market Analysis
4.1 Introduction
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Challenges
4.2 Porter's Five Force Analysis
5.1 Introduction
5.2 Implantable Cardioverter Defibrillators (ICDs)
5.2.1 Market Overview
5.2.2 Market Size and Forecast
5.3 External Defibrillators
5.3.1 Market Overview
5.3.2 Market Size and Forecast
6.1 Introduction
6.2 Hospitals, Clinics, and Cardiac Centers
6.2.1 Market Overview
6.2.2 Market Size and Forecast
6.3 Prehospital Care Settings
6.3.1 Market Overview
6.3.2 Market Size and Forecast
6.4 Public Access Markets
6.4.1 Market Overview
6.4.2 Market Size and Forecast
6.5 Home Care Settings
6.5.1 Market Overview
6.5.2 Market Size and Forecast
6.6 Alternate Care Facilities
6.6.1 Market Overview
6.6.2 Market Size and Forecast
7.1 Introduction
7.2 Europe
7.2.1 Europe Defibrillators, By Type
7.2.2 Europe Defibrillators, By End User
7.3 North America
7.3.1 North America Defibrillators, By Type
7.3.2 North America Defibrillators, By End User
7.4 Asia Pacific
7.4.1 Asia Pacific Defibrillators, By Type
7.4.2 Asia Pacific Defibrillators, By End User
7.5 Rest of The World
7.5.1 Rest of The World Defibrillators, By Type
7.5.2 Rest of The World Defibrillators, By End User
8.1 Key Insights
8.2 Company Market Share Analysis
8.3 Strategic Outlook
8.3.1 Mergers & Acquisitions
8.3.2 New Product Development
8.3.3 Portfolio/Production Capacity Expansions
8.3.4 Joint Ventures, Collaborations, Partnerships & Agreements
8.3.5 Others
(Overview, Key Financials, Recent Developments, Product and Service Offering)
The global Defibrillators market has been segmented as below:
Defibrillators Market, By Type
Defibrillators Market, By End User
Defibrillators Market, By Region
Defibrillators Market, By Company