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#Automated External Defibrillator (AED) Market Forecast
articlesblog · 1 year
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charvireportprime · 8 months
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Automated External Defibrillator Market Size, Type, segmentation, growth and forecast 2023-2030
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Automated External Defibrillator Market
The Automated External Defibrillator Market is expected to grow from USD 845.30 Million in 2022 to USD 1255.20 Million by 2030, at a CAGR of 5.81% during the forecast period.
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Automated External Defibrillator Market Size
Automated External Defibrillator (AED) is a medical device used to deliver an electric shock to the heart in case of sudden cardiac arrest. The AED market research report categorizes the market into segments based on type, application, and regions. The types of AEDs are semi-automated and fully automated. Applications for AEDs include hospitals, public access, homes, and training. Major market players include top brands like Philips, Zoll, Physio-Control, Laerdal Medical, Cardiac Science, Nihon Kohden, Schiller, HeartSine Technologies, A.M.I. Italia, Defibtech, Metrax GmbH, Mediana, Instramed, METsis Medikal, Mindray, Beijing M&B Electronic, and Shenzhen XFT. Regulatory and legal factors specific to market conditions are essential for AED sales and usage in various regions, with variations from country to country. The AED market report analyzes the North American, Asia Pacific, Middle East, Africa, Australia, and European markets for potential growth opportunities for the industry.
Automated External Defibrillator Market Key Player
Philips
Zoll
Physio-Control
Laerdal Medical
Cardiac Science
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Automated External Defibrillator Market Segment Analysis
The Automated External Defibrillator (AED) target market comprises hospitals, emergency medical service providers, clinics, public access facilities, and individual consumers. The market has witnessed significant growth due to the rising incidence of sudden cardiac arrests (SCA), especially among the elderly population. Moreover, the increasing prevalence of cardiovascular diseases, high blood pressure, and diabetes has also propelled the demand for AEDs. Additionally, various government initiatives to enhance public access to AEDs have further bolstered market growth.
One of the latest trends in the AED market is the integration of artificial intelligence (AI) technology in AEDs. AI-powered AEDs are being developed, which can analyze the patient's electrocardiogram (ECG) data and provide personalized instructions accordingly. Furthermore, the growing popularity of portable AEDs and the availability of advanced features such as voice prompts, graphical interfaces, and real-time feedback are also driving market growth.
However, the AED market is not immune to challenges. One of the major challenges faced by manufacturers is the high cost of AED devices, which limits their adoption in resource-limited settings. Moreover, the complexity of the AED operating system and the lack of awareness and training among potential users are also significant challenges.
According to the report's findings, the AED market is expected to witness significant growth during the forecast period, driven by the growing demand for portable and AI-powered AED devices. The report recommends that manufacturers focus on developing cost-effective and easy-to-use AEDs, targeting resource-limited settings. Additionally, creating awareness among potential users about the importance of AEDs and providing adequate training and support will aid in the market's expansion.
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Market Segmentation (by Application):
Hospitals
Public access
Home
Training
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nervoustiger25 · 9 months
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Defibrillators Pads Market Forecast 2024 to 2032
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Defibrillator pads, also known as electrode pads, are essential components of automated external defibrillators (AEDs) and manual defibrillators used in medical emergencies to deliver controlled electric shocks to the heart. These shocks are administered to restore the heart's normal rhythm in cases of life-threatening cardiac arrhythmias, such as ventricular fibrillation or ventricular tachycardia. Defibrillator pads are placed on the patient's chest to deliver the electrical energy needed to reset the heart's electrical activity.
The Defibrillators Pads Market was valued at USD 182.39 Million in 2022 and is expected to register a CAGR of 6.85% by 2032.
The rising incidence of cardiac conditions, such as cardiac arrest, arrhythmias, and sudden cardiac death, drives the demand for defibrillator pads as an essential tool for life-saving interventions. This is a crucial factor expected to drive global market growth during the forecast period.
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Key Company •Philips •Stryker •Zoll •Mindray Medical •Cardinal Health •Nihon Koden •Schiller •Defibtech •Metrax GmbH •Mediana •AMI Italia
Market Segmentation (by Type) •Pediatric Defibrillator Pads •Adult Defibrillator Pads
Market Segmentation (by Application) •Hospitals •Home Healthcare •Others
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Global Defibrillators Market Is Estimated To Witness High Growth Owing To Increasing Incidences of Cardiac Arrest
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The global defibrillators market is estimated to be valued at US$ 16,843.5 million in 2022 and is expected to exhibit a CAGR of 5.7% over the forecast period 2022-2030, as highlighted in a new report published by Coherent Market Insights. Defibrillators are medical devices used to restore normal heart rhythm by delivering an electric shock to the heart. They are primarily used in the management of cardiac arrhythmias and sudden cardiac arrest.
Market Overview: Defibrillators play a crucial role in saving lives during emergency situations such as cardiac arrest. According to the American Heart Association, each year, over 350,000 out-of-hospital cardiac arrests occur in the United States alone. Immediate defibrillation is critical for survival as the chances of successful resuscitation decline rapidly with time. The increasing incidences of cardiac arrest and the growing adoption of defibrillators in both hospitals and public places are driving the growth of the global defibrillators market.
Market Key Trends: One key trend observed in the defibrillators market is the increasing demand for automated external defibrillators (AEDs). AEDs are portable devices that are easy to use by both healthcare professionals and non-medical personnel. They can be used by bystanders to provide immediate assistance to a victim of sudden cardiac arrest before professional help arrives. The ease of use and potential to save lives has led to a significant increase in the adoption of AEDs in settings such as schools, airports, offices, and public areas.
For instance, the American Heart Association advocates for widespread public access to AEDs to increase the chances of survival for individuals experiencing sudden cardiac arrest outside of a hospital setting. This has led to initiatives promoting the installation of AEDs in public places, driving the demand for these devices.
PEST Analysis: Political: Governments across the globe are implementing initiatives to increase public access to defibrillators. For example, various countries have passed legislation requiring the installation of AEDs in public buildings and spaces. This political support is expected to drive the demand for defibrillators.
Economic: The growing burden of cardiovascular diseases and the increasing healthcare expenditure in both developed and developing countries are driving the growth of the defibrillators market. Additionally, advancements in technology, such as the development of wearable defibrillators, are also contributing to market growth.
Social: Increasing awareness about the importance of immediate defibrillation and the availability of AEDs in public places are influencing people to proactively seek training in cardiopulmonary resuscitation (CPR) and the use of AEDs. This societal shift is expected to drive the demand for defibrillators.
Technological: Technological advancements in defibrillators, such as the development of smart defibrillators with built-in sensors and connectivity features, are enhancing device functionality and ease of use. These advancements are expected to fuel market growth.
Key Takeaways: - The global Defibrillators Market Demand is expected to witness high growth, exhibiting a CAGR of 5.7% over the forecast period, due to increasing incidences of cardiac arrest and the growing adoption of defibrillators. - North America is expected to dominate the market owing to the high prevalence of cardiovascular diseases, well-established healthcare infrastructure, and favorable reimbursement policies. - Key players operating in the global defibrillators market include Koninklijke Philips N.V., Metrax GmbH, Medtronic, Mindray Medical International Limited, Boston Scientific Corporation, GE Healthcare, Nihon Kohden, Abbott, BIOTRONIK, Stryker, and LivaNova PLC. These players are focusing on technological advancements and strategic collaborations to strengthen their market position.
The global defibrillators market is witnessing significant growth due to the increasing incidences of cardiac arrest and the rising adoption of defibrillators in various settings. The demand for automated external defibrillators (AEDs) is particularly on the rise due to their ease of use and potential to save lives. Governments, healthcare organizations, and the general public are recognizing the importance of immediate defibrillation, leading to initiatives promoting public access to AEDs. With continuous technological advancements and favorable government policies, the global defibrillators market is expected to thrive in the coming years.
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delvenservices · 11 months
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Defibrillator Market Size, Share, Demand Analysis: 2028
Defibrillator Market, by Product Type (Implantable Cardioverter Defibrillator and External Defibrillator), Patient Type (Adult, Paediatric), End Users, and Region (North America, Europe, Asia-Pacific, Middle East and Africa and South America)
The global defibrillators market is projected to reach USD 11.4 billion in 2021, at a CAGR of 10.7% from 2021-2028.
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Defibrillators are devices used to deliver therapeutic shock to a patient’s heart in life-threatening conditions such as ventricular fibrillation, cardiac arrhythmia, and pulseless ventricular tachycardia. The defibrillation procedure encompasses delivery of an electric shock to the heart, which depolarizes heart muscles and restores its normal electric impulse.
The rising prevalence of target diseases, growing focus on providing public-access defibrillators, and training and awareness programs on defibrillators are some of the factors that have supported long-term expansion for Defibrillators Market.
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Regional Analysis
The Asia Pacific region is expected to register the highest growth during the forecast period. The Asia Pacific is segmented into China, India, Japan, South Korea, Australia, and the Rest of Asia Pacific, including Malaysia, Taiwan, Singapore, and New Zealand.
Key Players
Asahi Kasei Corporation
Stryker Corporation
Biotronik SE & Co. KG
Boston Scientific Corporation
Philips Healthcare
LivaNova PLC
Medtronic plc
Cardiac Science Corporation
Nihon Kohden Corporation
St. Jude Medical, Inc.
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Recent Developments
In July 2020, Abbott received FDA approval for its next generation ICDs and CRT-Ds under the brand name Gallant.
In June 2020, Koninklijke Philips received FDA pre-market approval for Heart Start FR3 and Heart Start FRX AED
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Gain authentic and granular data access for Defibrillators Market so as to understand the trends and the factors involved behind changing market situations
Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns
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Report Scope:
Defibrillators Market is segmented into type, patients’ type, end user and region.
On the basis of Type
Implantable cardioverter defibrillators
Transvenous implantable cardioverter defibrillators
Subcutaneous implantable cardioverter defibrillators
External defibrillators
Manual & semi-automated external defibrillators
Fully automated external defibrillators
Wearable cardioverter defibrillators
On the basis of Patient’s Type  
Adults
Paediatrics
On the basis of End-User  
Implantable cardioverter defibrillators
Transvenous implantable cardioverter defibrillators
Subcutaneous implantable cardioverter defibrillators
External defibrillators
Manual & semi-automated external defibrillators
Fully automated external defibrillators
Wearable cardioverter defibrillators
On the basis of Region
Asia Pacific
North America
Europe
South America
Middle East & Africa
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jean-perry · 1 year
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rohit890 · 1 year
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Defibrillators Market Key Players, Share, Trends, Sales, Segmentation And Forecast To 2031
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Market Overview
The defibrillators market was valued at USD 11.8 billion in 2021 and it is anticipated to reach up to USD 29.3 billion in 2031 at a CAGR of 9.5% during the forecast period.
Defibrillation is a technique that is considered as a definitive treatment for cardiac arrests and arrhythmias. Defibrillators are devices that are used to defibrillate or stabilize the heartbeat of a patient in a condition of arrhythmias and ventricular tachycardia. The major function of defibrillation in ventricular arrhythmias is to apply a controlled electrical shock to the heart, which results in the depolarization of the electrical conduction system of the heart. After the heart is polarized the normal electrical conduction is attained, thus terminating the ventricular arrhythmia.
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Market Dynamics
The key factor boosting the growth of the market is the rising prevalence of target diseases. Cardiovascular disease (CVD) is a leading cause of death and disability across the globe. Worldwide, 17.9 million deaths owing to CVD were reported in 2019, which amounts to 32% of the total deaths across the globe (Source: WHO). More than 75% of deaths owing to CVDs occur in low- and middle-income countries. In the US alone, there were more than 390,000 sudden cardiac arrests in 2018 (Source: American Heart Association). Of the total US population, around 65% of deaths due to CVDs occur in people aged 75 and over, 29% in the age group of 55–74, and 6% in the age group of 35–54. Due to this, the demand for defibrillators has increased, as these devices help save the lives of patients at a high risk of cardiac arrest.
The increasing geriatric population across the globe is another key factor contributing to the rising prevalence of CVD, as aging is associated with progressive deterioration in the structure and function of the heart and acts as a catalyst in the development of chronic diseases. So, with the growth in the geriatric population across the world, the incidence of heart diseases is expected to rise.
The key factor hindering the market growth is the issue related to the use of implantable and automated external defibrillators. AEDs installed in public places are sometimes prone to failure owing to problems related to the battery, software, and hardware. Failure to perform defibrillation may result in delayed treatment or even death. Over the years, a number of defibrillators have been recalled owing to technical errors in the functioning of the device with respect to shock delivery, electrical issues coupled with hardware configuration. These defects may lead to undesirable product performance and even the death of the patient in some cases. In 2018, the FDA, in conjunction with Philips, issued a recall notice for various models of the HeartStart MRx Defibrillator. The recall was caused by a defect in the gas discharge tube (GDT), which could lead to the malfunction of the defibrillator. In 2021, Medtronic recalled the Evera, Viva, Brava, Claria, Amplia, Compia, and Visa ICDs and CRT-Ds due to the short battery life associated with these devices.
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The key players studied in the defibrillators market Medtronic (Ireland), Stryker Corporation (US), Koninklijke Philips N.V. (Netherlands), Asahi Kasei Corporation (Japan), Boston Scientific Corporation (US), Abbott (US), Nihon Kohden (Japan), MicroPort (China), BIOTRONIK (Germany), CU Medical Systems (South Korea), METsis Medikal (Turkey), Mediana Co. Ltd. (USA), Mindray Medical International Ltd. (China), Progetti SRL – Medical Equipment Solutions (Italy), Schiller AG (Switzerland), BPL Medical Technologies (India), Metrax GmbH – PRIMEDIC (Germany), MS Westfalia GmbH (Germany), Bexen Cardio (Spain), Axion Medical Equipment Ltd. (Russia), Element Science Inc. (US), Avive Solutions Inc. (US), Jeevtronics Pvt. Ltd. (India), HeartHero Inc. (US), and Shenzhen Comen Medical Instruments Ltd. (China).
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Global Defibrillator Devices and Equipment Market Competitive Strategies and Forecasts to 2031
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The Defibrillator Devices and Equipment Global Market Report 2021-31 by The Business Research Company describes and explains the global defibrillator devices and equipment market and covers 2016 to 2021, termed the historic period, and 2022 to 2026, termed the forecast period, along with further forecasts for the period 2026-2031. The report evaluates the market across each region and for the major economies within each region.
The Defibrillator Devices and Equipment Global Market Report 2022 covers defibrillator devices and equipment market drivers, defibrillator devices and equipment market trends, defibrillator devices and equipment market segments, defibrillator devices and equipment market growth rate, defibrillator devices and equipment market major players, and defibrillator devices and equipment market size.
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The defibrillator devices and equipment market report provides in-depth analysis of the impact of COVID-19 on the global defibrillator devices and equipment industry along with revised market numbers due to the effects of the coronavirus and the expected defibrillator devices and equipment market growth numbers for 2022-2031.
The global defibrillator devices and equipment market size is expected to grow from $8.68 billion in 2021 to $9.73 billion in 2022 at a compound annual growth rate (CAGR) of 12.2%. The global defibrillator devices market share is expected to grow to $14.40 billion in 2026 at a CAGR of 10.3%.
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Defibrillator Devices and Equipment Global Market Report 2022 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.
TBRC’s report covers the defibrillator devices and equipment market segments- 1) By Type: Implantable Defibrillators, External Defibrillators
2) By Implantable Defibrillator: Transvenous Implantable Cardioverter Defibrillator (T-ICDs), Subcutaneous Implantable Cardioverter Defibrillator (S-ICDs), Cardiac Resynchronization Therapy- Defibrillator (CRT-D), Single and Dual Chamber
3) By External Defibrillator: Manual External Defibrillator (MEDs), Automated External Defibrillator (AEDs), Wearable Cardioverter Defibrillator (WCDs)
4) By End-User: Hospitals, Pre-Hospitals, Public Access Market, Alternate Care Market, Home Healthcare
Table Of Contents
1. Executive Summary
2. Defibrillator Devices And Equipment Market Characteristics
3. Defibrillator Devices And Equipment Market Trends And Strategies
4. Impact Of COVID-19 On Defibrillator Devices And Equipment
5. Defibrillator Devices And Equipment Market Size And Growth
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26. Africa Defibrillator Devices And Equipment Market
27. Defibrillator Devices And Equipment Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Defibrillator Devices And Equipment Market
29. Defibrillator Devices And Equipment Market Future Outlook and Potential Analysis
30. Appendix
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Insights on the Defibrillator Market to 2028 | The Insight Partners
According to our latest study, titled "Defibrillator Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Product type and End user," the market is projected to reach US$ 14,876.95 million by 2028 from US$ 10,478.31 million in 2021. It is estimated to grow at a CAGR of 5.1% from 2021 to 2028. The report highlights the key factors influencing the market growth and prominent players and their strategies.
Sample PDF showcases the content structure and the nature of the information included in the report which presents a qualitative and quantitative analysis –
Based on the End user, the defibrillator market has been segmented into, Hospitals and Clinics, Prehospital Care, Public Access, Home Care Settings, and Alternate Care Facilities. The Hospitals and Clinics segment is likely to account for a larger market share in 2021. However, the prehospital care segment is expected to register a higher CAGR in the market during the forecast period. Emergency medical services (EMS) responders, who are the first health care providers on the site of a crisis, provide prehospital care. EMS workers are often the first to realize the nature of a crisis and are able to assess the situation and establish the need for resources, particularly medical resources immediately. These licensed/certified personnel may be the first to use crisis standards of care (CSC), and they are key participants in local and state efforts to develop and implement coordinated and integrated CSC plans. Thus, systems that deploy First Responders (FRs) have been developed all over the world to boost the likelihood of prompt cardiopulmonary resuscitation (CPR) and rapid defibrillation with an AED during the emergency cases such as stroke, cardiac arrest, and others.
Medtronic, Abbott, Boston Scientific Corp., Zoll Medical Corp., KONINKLIJKE PHILIPS N.V., Biotronic, Inc., Progetti srl, Shenzhen Mindray Biomedical Electronics Co., Ltd., Nihon Kohden Corp are the leading companies operating in the defibrillator market.
Based on the product type, the defibrillator market is segmented into, Implantable cardioverter defibrillator, and External. The implantable cardioverter defibrillator segment is sub segmented into, transverse ICD and subcutaneous ICD. Moreover, the external segmented is further sub segmented as, Fully Automated External Defibrillators, manual, wearable. The Implantable cardioverter defibrillator segment is expected to hold the largest share of 68.80% of the defibrillator market in 2021. An implantable cardioverter-defibrillator (ICD) is a small battery-powered device that detects and stops irregular heartbeats (arrhythmias) in the chest.  An ICD continuously monitors the heartbeat and, if necessary, administers electric shocks to restore normal heart rhythm. ICDs are used to avoid sudden death in patients undergoing from fibrillation or persistent ventricular tachycardia. ICDs can help avert cardiac arrest in patients who are at high risk of life-threatening arrhythmias.
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Several factors, such as the increasing prevalence of cardiovascular disorders along with surge in training and awareness programs on cardiopulmonary resuscitation and automated external defibrillators. However, cost and performance issues related to implantable and automated external defibrillators is expected to hamper market growth. Cardiovascular diseases (CVDs) are the leading cause of morbidity and mortality globally. The World Health Organization (WHO) estimates 17.9 million lives are lost due to CVDs, i.e., 32% of all deaths are reported globally every year. Four out of five CVD-related mortalities are due to heart attacks and strokes. Unhealthy lifestyles habits, including tobacco consumption, poor diet, obesity, physical inactivity, and excess alcohol consumption, are the leading causes of CVDs.
The Defibrillator Market Has Been Segmented as Follows:
The defibrillator market is analyzed on the basis of the product type and end user. Based on the product type, the defibrillator market is segmented into Implantable cardioverter defibrillator, and External. The implantable cardioverter defibrillator segment is sub segmented into, transverse ICD and subcutaneous ICD. Moreover, the external segment is further sub segmented as, Fully Automated External Defibrillators, manual, wearable. Based on the end user, the defibrillator market has been segmented into Hospitals and Clinics, Prehospital Care, Public Access, Home Care Settings, and Alternate Care Facilities
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businessertreter · 2 years
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Collectively Exhaustive Study On ICU Automated External Defibrillators (AEDs) Market 2022 | Philips, ZOLL Medical Corporation, Physio-Control
The recent research report on the Global ICU Automated External Defibrillators (AEDs) Market 2022-2028 explains current market trends, possible growth rate, differentiable industry strategies, future prospects, significant players and their profiles, regional analysis, and industry shares as well as forecast details. The detail study offers a wide range of considerable information that also highlights the importance of the foremost parameters of the world ICU Automated External Defibrillators (AEDs) market.
Market Is Expected to Reach Rise At A CAGR Of 8% During The Forecast Period
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Top Key Players are covered in this report:
Philips, ZOLL Medical Corporation, Physio-Control, Laerdal Medical, Medtronic, Abbott, Boston Scientific, Biotronik, Nihon Kohden, Schiller, HeartSine Technologies, A.M.I. Italia, Metrax GmbH, Instramed, Mindray, Beijing M&B Electronic, Shenzhen XFT
On the Basis of Product, the ICU Automated External Defibrillators (AEDs) Market Is Primarily Split Into
·         Semi-automated
·            Fully automated
On the Basis of End Users/Application, This Report Covers
·         Hospital
·         Clinic
·         Other
The regions are further sub-divided into:
-North America (NA) – US, Canada, and Mexico
-Europe (EU) – UK, Germany, France, Italy, Russia, Spain & Rest of Europe
-Asia-Pacific (APAC) – China, India, Japan, South Korea, Australia & Rest of APAC
-Latin America (LA) – Brazil, Argentina, Peru, Chile & Rest of Latin America
-The Middle East and Africa (MEA) – Saudi Arabia, UAE, Israel, South Africa
Major Highlights of the ICU Automated External Defibrillators (AEDs) Market report study:
·         A detailed look at the global ICU Automated External Defibrillators (AEDs) Industry
·         The report analyzes the global ICU Automated External Defibrillators (AEDs) market and provides its stakeholders with significant actionable insights
·         The report has considered all the major developments in the recent past, helping the users of the report with recent industry updates
·         The report study is expected to help the key decision-makers in the industry to assist them in the decision-making process
·         The study includes data on ICU Automated External Defibrillators (AEDs) market intelligence, changing market dynamics, current and expected market trends, etc.
·         The report comprises an in-depth analysis of macroeconomic and microeconomic factors affecting the global ICU Automated External Defibrillators (AEDs) market
·         Market Ecosystem and adoption across market regions
·         Major trends shaping the global ICU Automated External Defibrillators (AEDs) market
·         Historical and forecast size of the ICU Automated External Defibrillators (AEDs) market in terms of Revenue (USD Million)
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Market Segment Analysis:
The ICU Automated External Defibrillators (AEDs) Report provides a primary review of the industry along with definitions, classifications, and enterprise chain shape. Market analysis is furnished for the worldwide markets which include improvement tendencies, hostile view evaluation, and key regions development. Development policies and plans are discussed in addition to manufacturing strategies and fee systems are also analyzed. This file additionally states import/export consumption, supply and demand, charge, sales and gross margins.
Browse Full Report at:
https://www.theresearchinsights.com/reports/global-icu-automated-external-defibrillators-aeds-market-growth-2022-2028-498655?mode=V004
The Research covers the following objectives:
– To study and analyze the Global ICU Automated External Defibrillators (AEDs) consumption by key regions/countries, product type and application, history data from 2016 to 2022, and forecast to 2026.
– To understand the structure of ICU Automated External Defibrillators (AEDs) by identifying its various sub-segments.
– Focuses on the key global ICU Automated External Defibrillators (AEDs) manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, Porter’s five forces analysis, SWOT analysis and development plans in the next few years.
– To analyze the ICU Automated External Defibrillators (AEDs) with respect to individual growth trends, future prospects, and their contribution to the total market.
– To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
– To project the consumption of ICU Automated External Defibrillators (AEDs) submarkets, with respect to key regions (along with their respective key countries).
Report Customization:
ICU Automated External Defibrillators (AEDs), the report can be customized according to your business requirements as we recognize what our clients want, we have extended 25% customization at no additional cost to all our clients for any of our syndicated reports.
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Defibrillators Market Growth, Size, Analysis, Outlook by Trends, Opportunities and Forecast to 2022 to 2030
Defibrillators Market was worth USD 11.4 billion in 2021 and is poised to reach a valuation of USD 26.23 billion by 2030, registering a CAGR of 9.7% over the forecast period of 2022-2030.
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The market is growing due to a growing focus on public access defibrillators (PAD) by both public and private organisations. Furthermore, the market is being driven by an increase in the number of key manufacturers developing sophisticated defibrillator devices, a rapidly rising geriatric population with an increased risk of cardiac arrest, and an increase in the frequency of cardiac disorders. Cardioversion, defibrillation, and cardiac pacing are all possible with defibrillators. Manual external defibrillators, automated external defibrillators (AEDs), and wearable cardioverter defibrillators are the three main types of external defibrillators (WCDs). Because of their great efficiency and ease of use, AEDs are commonly employed to treat sudden cardiac arrest (SCA), resulting in a considerable market share in the global defibrillator industry. However, increased pricing pressure on companies is putting a damper on the market.
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A defibrillator device depolarizes a fundamental segment of heart muscle, assisting in the restoration of a normal heartbeat. Many lives can be saved if SCA victims receive cardiopulmonary resuscitation (CPR) and defibrillation within 5 to 12 minutes after heart failure. The primary variables projected to promote the development sought after for defibrillators in the Middle East and Africa are increasing occurrences of cardiovascular disease and expanding social insurance framework. During the period 2014 to 2020, this will boost the worldwide defibrillator market's growth.
Global Defibrillators Market: Segmentations
By Key Players
Abbott
Boston Scientific Corporation
BIOTRONIK SE & Co. KG
MicroPort Scientific Corporation
Koninklijke Philips N.V.
Stryker Corporation
ZOLL Medical Corporation (Asahi Kasei)
Nihon Kohden Corporation
Schiller AG
Shenzhen Mindray Bio-Medical Electronics Co. Ltd.
LivaNova PLC
By Product:
• Implantable Defibrillators
• Transvenous Implantable Cardioverter Defibrillator (T-ICDs)
• Subcutaneous Implantable Cardioverter Defibrillator (S-ICDs)
• Cardiac Resynchronization Therapy- Defibrillator (CRT-D)
• External Defibrillators
• Manual External Defibrillator
• Automated External Defibrillator (AEDs)
• Wearable Cardioverter Defibrillator (WCDs)
By Patient Type:
• Adult
• Pediatrics
By End User:
• Hospitals
• Clinics and Cardiac centers
• Pre-hospital care settings
• Public access markets
• Home care settings
• Alternate care facilities
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Table Of Contents (TOC)
1. Global Defibrillators Market Introduction and Market Overview
2. Global Defibrillators Market - Executive Summary
3. Defibrillators Market Trends, Outlook, and Factors Analysis
4. Global Defibrillators Market: Estimates & Historic Trend Analysis (2018 to 2021)
5. Global Defibrillators Market Estimates & Forecast Trend Analysis, by Deployment
6. Global Defibrillators Market Estimates & Forecast Trend Analysis, by Component
7. Global Defibrillators Market Estimates & Forecast Trend Analysis, by Content Type
8. Global Defibrillators Market Estimates & Forecast Trend Analysis, by End Use
9. Global Defibrillators Market Analysis and Forecast, by Region
10. North America Defibrillators Market: Estimates & Forecast Trend Analysis
11. Europe Defibrillators Market: Estimates & Forecast Trend Analysis
12. Asia Pacific Defibrillators Market: Estimates & Forecast Trend Analysis
13. Middle East & Africa Defibrillators Market: Estimates & Forecast Trend Analysis
14. Latin America Defibrillators Market: Estimates & Forecast Trend Analysis
15. Competitive Landscape
16. Company Profiles
17. Assumptions and Research Methodology
18. Conclusions and Recommendations
 Key Questions answered in the India Defibrillators Market Report are:
1.     Which product segment grabbed the largest share in the India Defibrillators market?
2.     How is the competitive scenario of the India Defibrillators market?
3.     Which are the key factors aiding the India Defibrillators market growth?
4.     Which region holds the maximum share in the India Defibrillators market?
5.     What will be the CAGR of the India Defibrillators market during the forecast period?
6.     Which application segment emerged as the leading segment in the India Defibrillators market?
7.     Which are the prominent players in the India Defibrillators market?
8.     What key trends are likely to emerge in the India Defibrillators market in the coming years?
9.     What will be the India Defibrillators market size by 2028?
10.                        Which company held the largest share in the India Defibrillators market?
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fostermarketarch · 3 years
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Automated Cardiopulmonary Resuscitation (CPR) Devices Market Analysis On The Future Growth Prospects And Industry Research Outlook 2021-2027
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Automated cardiopulmonary resuscitation device is composed of a constricting band and half backboard that is intended to be used as an adjunct to CPR during advanced cardiac life support by professional health care providers. The automated CPR device results in a higher rate of survival to the hospital as compared to the conventional CPR device that has a tendency for a lower rate of survival to the hospital. Substantial government funding and grants, increasing geriatric population, rising demand from EMS (emergency medical services), a surge in public awareness about cardiac arrest, and clinical benefits of the CPR devices has increased the demand for automated CPR devices market.
Key Insights:
Latest Updates
Analyst Views
Future Outlook of the Market
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Major Keyplayers of this Report includes Zoll Medical Corporation, Physio-Control, Inc., Brunswick Biomedical Technologies, Michigan Instruments, SunLife Science Inc., Medtronic, Inc., CPR Medical Devices, and Science & Technology Co., Ltd.
The players have adopted product development strategy to strengthen their position in the market. For instance, in June 2019, the National Highway Traffic Safety Administration (NHTSA) launched a new telecommunication and high-performance CPR toolkit initiative in an effort to increase national cardiac arrest survival rates from 10%. The new toolkit launch would simplify the use of automated CPR devices and thereby boost the use of automated CPR devices while contributing to the market growth. In addition, in September 2019, Mindray Medical International Limited launched the BeneHeart C Series automated external defibrillator (AED) with smarter operations and faster shock delivery to achieve better resuscitation outcomes for sudden cardiac arrest (SCA). With both fully and semi-automatic versions. These are designed to easily perform CPR automatically through the device. These developments not only enable companies to expand their product portfolio but also to expand their footprints in different regions and countries.
Market Taxonomy:
By Type
Pneumatic Driven
Battery Driven
Mechanically Actuated and Battery driven
By Device Type
Load Distribution Device
3D Compression Device
Validation Biomarkers
By End User
Hospitals
Ambulatory Surgical Centres (ASCs)
Specialty Clinics
Emergency Medical Services
By Region
North America
Europe
Asia-Pacific
Latin America
Middle East and Africa
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Market Dynamics:
Substantial government funding and grants coupled with increasing geriatric population is driving the growth of the market. For instance, according to the Daily Telegram sources the Valero Energy Foundation, which is the philanthropic arm of the Valero Energy Corp., awarded a grant for US$ 21,059.13 to the Blissfield Township Fire Department in January 2020 to help purchase automated CPR devices referred to as LUCAS device, which provides lifesaving CPR. Further, according to the China Global Television Network (CGTN) sources, Nanjing, the capital city of east China's Jiangsu Province, has announced a plan to add 1,000 automated external defibrillators across the public spaces considering the request received from the society. This key step is expected to boost the deployment of automated CPR devices such as AED across China that also contributes to market growth. Moreover, according to the U.K. government sources approximately US$ 1.25 million (1 million Pounds) has been made available from the Department of Health to make public access defibrillators and CPR training more widely available in communities across the U.K.
This key funding is expected to boost the deployment of automated CPR devices in the country thereby, contributing to market growth. Further, in July 2019, the healthtech startup company HeartHero, which is the developer of a free mobile app, raised an undisclosed amount of funding of US$ 436 million. This key funding allows for the Automated External Defibrillator (AED) to be successfully submitted to get CE mark and FDA class-III approval. This strategic round of funding allows for mass manufacturing of the automated CPR device that further contributes to market growth. However, the substantial weight of automated CPR device, high training requirements, and conflicting results of observational studies act as few restraints for the growth of the market.
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importantcandyheart · 2 years
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worldwideanalysis · 2 years
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$2.0 Billion Boom Expected in North American Defibrillators Market till 2023
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One in every four deaths, i.e. 647,000 deaths in the U.S., are a result of cardiovascular diseases (CVD), according to the Centers for Disease Control and Prevention (CDC). If the heart is still beating, but in an arrhythmic pattern, a defibrillator is used to treat it. The device sends an electric shock, which neutralizes a large amount of the current coming from the heart’s natural pacemaker, to allow the sinoatrial node to resume its normal functioning. Arrhythmias can be fatal if not stopped immediately, especially ventricular fibrillation (v-fib), during which the body has no pulse.
Therefore, with the increasing CVD prevalence, the North American defibrillators market is projected to reach $8.1 billion by 2023 from $6.1 billion in 2017, at a CAGR of 4.9% during the forecast period (2018–2023). A major reason behind the increasing CVD prevalence is the swiftly surging geriatric population in the region. As per the Population Reference Bureau report published in 2018, the population of people in the age group of 65 and above in the U.S. is expected to increase to 98 million by 2060 from 46 million in 2014. Compared to younger people, the elderly are more susceptible to diseases, especially CVDs.
These devices come in two variants: external defibrillators and implantable cardioverter defibrillators (ICD). External ones are commonly seen at hospitals and operated by medical professionals, while ICDs are implanted inside the body, for regular cardiac care. Of these, ICDs have witnessed higher uptake, on account of the technological advancements in these instruments and rising incidence of sudden cardiac arrest (SCA). In the coming years, the external variants are predicted to witness a more rapidly increasing uptake.
A key trend in the region is itself the rising adoption of automated external defibrillators (AED). The government, at the national and state/province levels, is taking initiatives to install public-access defibrillators (PAD), which are mostly AEDs, for the use of general public, in situations of emergency. Areas which witness a high footfall, such as schools and colleges, train stations, airports, shopping centers, leisure centers, and malls, are being rapidly equipped with AEDs, so that if anyone suffers a heart issue, bystanders can use the device to restore their sinus rhythm, until medical help arrives.
For instance, the Sudden Cardiac Arrest Foundation funded several schools, under its You Can Save a Life at School AED Grant” program, to procure AEDs, in February 2016. AEDs are quite easy to use as they not only measure the voltage required to neutralize the abnormal current flowing through the heart, but also apply it themselves. On the contrary, manual defibrillators measure the voltage required, but the users have to turn the knobs on the device and apply it to the heart, through the paddles.
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Global Defibrillators Market Is Estimated To Witness High Growth Owing To Increasing Incidence of Cardiovascular Diseases & Technological Advancements
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The global Defibrillators Market is estimated to be valued at USD 16,843.5 million in 2022 and is expected to exhibit a CAGR of 5.7% over the forecast period 2022-2030, as highlighted in a new report published by Coherent Market Insights.
A) Market Overview:
Defibrillators are lifesaving medical devices used to restore normal heart rhythm by delivering an electric shock to the heart when it is experiencing a life-threatening arrhythmia. They are crucial in preventing sudden cardiac arrest and are commonly used in hospitals, ambulances, and other healthcare settings. The market for defibrillators includes various types such as implantable cardioverter defibrillators (ICD), external defibrillators, and wearable cardioverter defibrillators (WCD).
B) Market Dynamics:
The global defibrillators market is driven by two main factors: the increasing incidence of cardiovascular diseases and technological advancements in defibrillator devices.
1. Increasing Incidence of Cardiovascular Diseases:
Cardiovascular diseases (CVDs) such as coronary artery disease, heart failure, and cardiac arrhythmias are the leading causes of death globally. According to the World Health Organization, CVDs are responsible for approximately 17.9 million deaths each year. The growing prevalence of these diseases is fueling the demand for defibrillators as an essential tool for managing cardiac emergencies.
2. Technological Advancements:
The market for defibrillators is witnessing significant technological advancements, leading to improved device performance and patient outcomes. Advanced features such as automated external defibrillators (AEDs) with voice prompts and CPR feedback, wireless connectivity for remote monitoring, and miniaturized implantable devices are enhancing the ease of use and effectiveness of defibrillators. These advancements are driving the adoption of defibrillators in both healthcare settings and public places.
C) Market Key Trends:
One key trend in the Defibrillators Marketis the rising adoption of wearable cardioverter defibrillators (WCDs). WCDs are non-invasive devices that can monitor heart rhythm and deliver a shock if necessary. Unlike implantable defibrillators, WCDs can be worn by patients who are at high risk of sudden cardiac arrest but do not yet meet the criteria for an implantable device. This trend is particularly significant in patients with certain temporary conditions, such as recent myocardial infarction or cardiac surgery.
D) SWOT Analysis:
Strength:
1. Technological advancements in defibrillator devices.
2. Increasing adoption of automated external defibrillators (AEDs).
Weakness:
1. High cost of defibrillator devices.
2. Lack of awareness about sudden cardiac arrest and defibrillator usage among the general population.
Opportunity:
1. Emerging markets in developing countries.
2. Increasing focus on public access defibrillation programs.
Threats:
1. Stringent regulations governing the approval and commercialization of medical devices.
2. Competition from alternative treatment modalities such as medication and cardiac surgeries.
E) Key Takeaways:
- The global defibrillators market is expected to witness high growth, exhibiting a CAGR of 5.7% over the forecast period, due to increasing incidence of cardiovascular diseases and technological advancements in defibrillator devices.
- North America is expected to dominate the market due to the presence of a well-established healthcare infrastructure and a high prevalence of cardiovascular diseases.
- Key players operating in the global defibrillators market include Koninklijke Philips N.V., Metrax GmbH, Medtronic, Mindray Medical International Limited, Boston Scientific Corporation, GE Healthcare, Nihon Kohden, Abbott, BIOTRONIK, Stryker, and LivaNova PLC.
In conclusion, the global defibrillators market is driven by the increasing incidence of cardiovascular diseases and technological advancements in defibrillator devices. The market is witnessing a rising trend towards the adoption of wearable cardioverter defibrillators, and opportunities exist in emerging markets and public access defibrillation programs.
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bhandvalkar94 · 3 years
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Future Prospects of Cardiac Rhythm Management Devices Market Report 2021-2030 with Major Players
The global Cardiac Rhythm Management Devices market research is an intelligence report announced by Absolute Markets Insights. The erudite market study provides insightful data for readers to help them in making informed business decisions. Primary and secondary research methodologies have also been used to discover the correct and applicable data of Cardiac Rhythm Management Devices market. Effective business strategies of key market players and of new startup industries are also studied thoroughly to provide extensive market knowledge. The report makes use of an effective analysis technique such as SWOT and Porter’s five analysis to present its accurate results on the market.
The major key pillars for global Cardiac Rhythm Management Devices market are listed below: Siemens AG, 3M Company(3M), Abiomed, Inc.(ABIOMED), Berlin Heart GmbH (Berlin Heart), Biotronik SE & Co. KG, Boston Scientific Corporation, Cardiac Science Corporation, General Electric Company (General Electric), Hill-Rom Services Inc., Jarvik Heart, Inc., Koninklijke Philips N.V., LivaNova PLC, Medtronic, NIHON KOHDEN CORPORATION, and ZOLL Medical Corporation
Cardiac Rhythm Management Devices Market is expected to grow with a CAGR of +6.5% during the forecast period of 2021 to 2030. The study analyzes the market in terms of revenue and sales volume across all the major markets.
For more information about this report visit: https://www.absolutemarketsinsights.com/reports/Cardiac-Rhythm-Management-Devices-Market-2018-2026-158
Cardiac Rhythm Management (CRM) is the treatment of arrhythmias, which are heart rhythm disorders. Arrhythmias cause dizzy spells, blackouts, palpitations and sudden cardiac arrest in patients. Cardiac Rhythm Management usually involves implanting of electronic devices such as defibrillators and pacemakers. Cardiac rhythm management devices are used to determine heart health and enable the physicians to offer a faster diagnosis. Various CRM devices are also being utilized to monitor patient activity and intracardiac pressures. The extensive use of cardiac rhythm management devices (CRMDs) is substantially improving the long-term prognosis and survival rates.
A consistent rise in instances of cardiovascular diseases is being observed, due to various lifestyle and food related disorders, positively impacting the demand for cardiac rhythm management devices. High cost of these devices, as well as a shortage of skilled professionals with expertise in cardiac monitoring has limited its growth in several emerging markets. Evolutionary advancements of these devices are enhancing functionality by improving their battery life and reduction in the device size.
Pacemakers (PM) are among the most commonly used cardiac rhythm management devices, which give electrical impulses to trigger the heartbeat when it is slow or stops altogether. An Implantable Cardioverter Defibrillator (ICD) automatically delivers a shock to restore the normal rhythm by detecting fast or chaotic beating of heart’s main pumping chamber, which often leads to sudden cardiac arrests. Most cardiac rhythm management devices also act as pacemakers and both these devices provide constant care to patients with irregular heart rhythms.
Cardiac Rhythm Management Devices Market - by Product
Implantable Pacemakers
External Pacemakers
Subcutaneous ICD (S-ICD)
Transvenous ICD (T-ICD)
Manual ED
Automated ED (AED)
Wearable Cardioverter Defibrillator
CRT Defibrillators (CRT-D)
CRT Pacemakers (CRT-P)
Cardiac Rhythm Management Devices Market - by End User
Hospitals and Clinics
Home Settings
Ambulatory Service Centers
Cardiac Rhythm Management Devices Market - By Region
North America
Europe
Asia Pacific
Middle East and Africa
Latin America
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