Boosting Demand Of Defibrillators Market Due To Increasing Incidences Of SCA In Younger Population Till 2025
The
global defibrillator market is expected to reach USD 18.8
billion by 2025, according to a new report by Grand View Research, Inc. To
increase the availability of defibrillators in developed countries, the
government is making amendments in their policies to make the product available
at various places.
Training
programs and awareness campaigns are conducted at regular intervals, which are
increasing awareness about defibrillation and indirectly increasing the demand
for home care products as well as public access defibrillators.
The
healthcare expenditure at a global level is rising, along with increasing
penetration of public and private health insurance. This rise is expected to
fuel demand for defibrillators across various end-user segments.
Defibrillator
market is driven by innovative processes. For instance, a program under trial
in Sweden is likely to deliver AEDs via drones. This is anticipated to reduce
the delivery time for defibrillators, thus saving more lives. The growth of
this industry can be attributed to new product development, mergers &
acquisitions, and rising market penetration.
Browse full
research report on Defibrillators Market: www.grandviewresearch.com/industry-analysis/defibrillators-market
Further
Key findings from the study suggest:
- Implantable Convertible Defibrillator (ICD) was
the major contributor in the defibrillator industry in 2016
- External defibrillators recorded the fastest
growth in the industry
- Hospitals were the major contributors in the end-use
segment in 2016
- The public access market was the fastest
growing end-user segment of the overall defibrillator industry in 2016
- North America held a major market share of the
defibrillator industry
- Asia Pacific region is anticipated to exhibit
fastest growth in the global defibrillator industry
- Some of the key players are Medtronic; St. Jude
Medical LLC; Boston Scientific Corporation; LivaNova; Koninklijke Philips
N.V.; ZOLL Medical Corporation; Cardiac Science; Physio-Control Inc.;
Nihon Kohden Corporation; Defibtech LLC; HeartSine Technologies LLC;
Progetti Srl; Fukuda Denshi Co., Ltd.; and Schiller AG
- New product development, mergers &
acquisitions, and regional expansion are some of the strategic initiatives
undertaken by the key players
Browse more
reports of this category by Grand View Research: www.grandviewresearch.com/industry/medical-devices
Grand View Research has segmented the defibrillator market report by
product, end-use, and region:
Defibrillator
Product Outlook (Revenue, USD Million; 2014 - 2025)
- Implantable
Cardioverter Defibrillator
- S-ICD
- T-ICD
- CRT-D
- Single
Chamber
- Dual
Chamber
- External
Defibrillator (ED)
- Manual
ED
- Automated
ED
- Wearable
Cardioverter Defibrillator
Defibrillator
End-use Outlook (Revenue, USD Million; 2014 - 2025)
- Hospital
- Prehospital
- Public
Access Market
- Alternate
Care Market
- Home
Healthcare
Defibrillator
Regional Outlook (Revenue, USD Million; 2014 - 2025)
- North
America
- U.S.
- Canada
- Europe
- Germany
- U.K.
- Asia
Pacific
- China
- Japan
- India
- Latin
America
- Mexico
- Brazil
- MEA
- South
Africa
Access
Press Release By Grand View Research: www.grandviewresearch.com/press-release/global-defibrillators-market
About Grand
View Research:
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco.
The company provides syndicated research reports, customized research
reports, and consulting services. To help clients make informed business
decisions, we offer market intelligence studies ensuring relevant and
fact-based research across a range of industries, from technology to chemicals,
materials and healthcare.
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