On the basis of region, the Defibrillators Market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and the Middle East & Africa. The market in North America is projected to hold the largest market share during the forecast period on account of the presence of a strong healthcare network in the nations such as the United States and Canada. Moreover, Presence of several key players in the region who are operating in the Defibrillators Market are also anticipated to drive the growth of the market in North America.
The Global Defibrillators Market was valued at USD 9.76 billion in 2016 and is projected to reach USD 17.76 billion by 2025, growing at a CAGR of 6.88% from 2017 to 2025.
Atrial chokes and blockages is becoming a common problem for todays healthcare services. The key factor driving the market and pushing it to grow is the growth in geriatric population as well as lifestyle changes and habits.
Final Report will add the analysis of the impact of COVID-19 on this industry.
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1. Market Drivers
1.1 Technological developments in the medical technology
1.2 Growing cases of cardiovascular diseases
1.3 Growing Geriatric population
1.4 Focus on making defibrillators more accessible
2. Market Restraints
2.1 Less awareness
2.2 Risks associated with External defibrillators
2.3 Stringent regulations in the U.S.
1. Global Defibrillators Market, by End User:
1.1 Hospitals, Clinics, & Cardiac Centers
1.3 Public Access Markets
1.4 Home Care
1.5 Alternate Care Markets
2. Global Defibrillators Market, by Product:
2.1 Implantable Cardioverter Defibrillators (ICDS)
2.1.1 Implantable Cardioverter Defibrillators (T-ICDS)
188.8.131.52 Biventricular ICDS/Cardiac Resynchronization Therapy Defibrillators (CRT-DS)
184.108.40.206 Dual-Chamber ICDS
220.127.116.11 Single-Chamber ICDS
2.1.2 Subcutaneous Implantable Cardioverter Defibrillators (S-ICDS)
2.2 External Defibrillators
2.2.1 Automated External Defibrillators (AEDS)
18.104.22.168 Semi-Automated External Defibrillators
22.214.171.124 Fully Automated External Defibrillators
2.3 Manual External Defibrillators
2.4 Wearable Cardioverter Defibrillators (WCDS)
3. Global Defibrillators Market, by Region:
3.1 North America (U.S., Canada, Mexico)
3.2 Europe (Germany, UK, France, Rest of Europe)
3.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
3.4 Latin America (Brazil, Argentina, Rest of Latin America)
3.5 Middle East & Africa
The major players in the market are as follows:
1. Medtronic PLC
2. St. Jude Medical, Inc.
3. Boston Scientific Corporation
4. Philips Healthcare (A Division of Koninklijke Philips N.V.)
5. Zoll Medical Corporation (A Subsidiary of Asahi Kasei Corporation)
6. Biotronik Se & Co.Kg
7. Physio-Control International, Inc.
8. Cardiac Science Corporation (A Portfolio Company of Aurora Capital Group)
9. Sorin Group (Now Livanova PLC)
10. Nihon Kohden Corporation
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
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RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE:
Research study on the Defibrillators Market was performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.
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