- 19 July 2019 22:15
External Defibrillator Market By Product Type, End User, And Region & Global Forecast To 2028
Defibrillator devices are used to deliver therapeutic shock to patient’s heart in severe conditions such as ventricular fibrillation, cardiac arrhythmia, and pulseless ventricular tachycardia. The defibrillation procedure includes delivery of electric shock to patients’ heart, which depolarizes heart muscles and restores its normal electric impulse. The global External Defibrillator Market is estimated to be valued at around US$ 0.05 Bn in 2019, and is expected to register a CAGR of 6.1%.
Global External Defibrillator Market: Dynamics
Increasing incidence and prevalence of life style diseases, such as cardiac disorder, resulted into increasing incidence of Non Communicable Diseases (NCD), coupled with increasing aging population is expected to bolster demand for treatment of such diseases and conditions over the forecast period.
Increasing awareness about the disease and rising demand for treatment of SCA is expected to support growth of the market over the forecast period.
SCA is a condition in which the heart suddenly and unexpectedly stops beating. This is triggered by electrical malfunction in the heart that causes an irregular heartbeat. In which, the heart can’t send blood to the brain, lungs, and other organs.
Analysis By Segmentation:
The market report has been segmented on the basis of product type, end user, and region: The product type segment includes automated external defibrillators (AED), wearable cardioverter defibrillator (WCDs), and manual external defibrillators (MED). The end user segment includes hospital, prehospital, public access market, alternate care market, and home healthcare. The regions include the North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
By product Type:
The automated external defibrillators segment accounted for highest revenue share contribution in 2018, as compared to other product type segment. The automated external defibrillators segment is expected to register highest CAGR of over 6.0% between 2019 and 2027
By End user:
The hospital segment accounted for highest revenue share contribution in 2018, as compared to other end user segment, and is expected to register highest CAGR of over 6.1% between 2019 and 2027
The market in Asia Pacific accounted for highest revenue share in the global external defibrillator market in 2018, and in expected to register a CAGR of over 6.3% between 2019 and 2027
Global External Defibrillator Market: Competitive Analysis
The research report on the global external defibrillator market includes profiles of some of the major companies such as Cardiac Science Corporation, Koninklijke Philips N.V., Mindray Medical International Limited, LivaNova PLC, ZOLL Medical Corporation, Nihon Kohden Corporation, Schiller AG, and HeartSine Technologies LLC
The Global External Defibrillator Market: Global Industry, Size, Share, Growth, Trends, and Forecast, 2017–2027 report has been prepared based on an in-depth market analysis with inputs from industry experts. This report covers the present scenario and the growth prospects of the global external defibrillator market for 2017–2027.
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