According to the current analysis of Reports and Data, the global defibrillator market size was valued at USD 9.67 Billion in 2018 and is expected to reach USD 12.67 Billion by year 2026, at a CAGR of 3.4% A defibrillator is a device that gives a high energy electric shock to the heart of someone who is in cardiac arrest. Defibrillation is a technique used in emergency medicine to terminate ventricular fibrillation or pulseless ventricular tachycardia. These products in the global defibrillator market include external, transvenous, or implanted depending on the type of device used or needed. Each type of device works by checking for arrhythmias, or irregular heart rhythms. Moreover, main reasons for defibrillator market to flourish is growing prevalence of cardiac arrests and other cardiovascular complications predominantly irregular heartbeats. Sanctions for the usage of automated external defibrillators at public places by various cardiology and medical societies has helped rapidly increased the adoption rate in developed economies. This trend is likely to continue over the forecast period, thereby providing stellar opportunities to the players involved in the global defibrillator market.
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Huge investments by private players, technological progressions and increase in the occurrence of cardiac disorders due to change in lifestyle are some of the market drivers of the global defibrillator market. It is also probable that growth in the market for wearable cardioverter defibrillator is used by patients as a provisional substitute or to bridge to a long-term implantable cardioverter defibrillator establishment.
Key market players include in the global defibrillator marker include- Medtronic, Jude Medical LLC, Boston Scientific Corporation, LivaNova, Koninklijke Philips, ZOLL Medical Corporation, Cardiac Science, Physio-Control, Nihon Kohden Corporation, Defibtech, HeartSine Technologies, Progetti Srl, Fukuda Denshi Co, and Schiller AG
Further key findings from the report suggest
For the purpose of this study, Reports and Data have segmented the Global Defibrillator market analysis on the basis of type, end use, and region:
Global Defibrillator Market, by Type (Revenue, USD Million; 2016–2026)
Global Defibrillator Market, by End use (Revenue in USD Million; 2016–2026)
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Global Defibrillator Market, by Regional Outlook (Revenue in USD Million; 2016–2026)
Table Of content:
Chapter 1. Market Synopsis
1.1. Market Definition
1.2. Research Scope & Premise
1.3. Methodology
1.4. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2018 – 2026
Chapter 3. Indicative Metrics
3.1. Rising prevalence of target disease
3.2. Increasing incidences of sudden cardiac arrests
3.3. Worldwide increase in the patient pool
Chapter 4. Global Defibrillator Segmentation & Impact Analysis
4.1. Global Defibrillator Segmentation Analysis
4.2. Global Defibrillator Market Value Chain Analysis, 2016-2026
4.3. Regulatory framework
4.4. Global Defibrillator Market Impact Analysis
4.4.1. Market driver analysis
4.4.1.1. Technological advancements
4.4.1.2. Focus on providing public access defibrillators
4.4.2. Market restraint analysis
4.4.2.1. Lack of awareness
4.4.2.2. Lack of skilled professionals
4.5. Key opportunities prioritized
Continued…
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