The Global Defibrillator Market is likely to expand considerably in the coming years due to the increasing incidence of out of hospital cardiac arrests. According to a report published by Fortune Business Insights, titled “Defibrillator: Global Market Analysis, Insights and Forecast, 2019-2026,” the market was valued at US$ 9,836.8 Mn in 2018. Fortune Business Insights states that the market will be valued at US$ 14,806.4 Mn by 2026, thereby exhibiting a CAGR of 5.3% during the forecast period.
According to the National Institutes of Health, an estimated 450,000 people succumbed to cardiac arrests in 2016. Coupled with a low survival rate, increasing awareness about cardiac arrests by private as well as public organizations is boosting the global defibrillator market. The increasing death rate of cardiac arrests in emerging nations has created a demand for defibrillators, globally. The exceptional properties possessed by defibrillators have led their rising uptake and this is likely to have a positive impact on the global defibrillators market.
FDA Approves Wearable Defibrillator for Children
The FDA approved ‘LifeVest’ defibrillator has been successful ever since it was announced in 2017. The LifeVest was launched as a wearable device, suitable for children at the risk of sudden cardiac arrest. The device consists of an electrode belt and a cloth that surrounds the chest of the patient using it. Additionally, the device also makes use of a monitor that is used for real time analysis. The efficacy of the device has lifted the otherwise moderately rising defibrillator market. The device provides a shock to the heart, whenever a failure is detected, allowing it to restore its heartbeat. LifeVest has a positive outcome on the global defibrillators market and is likely to enable growth of the market in the coming years.
Key questions answered in the Defibrillator Market report:
What will the market growth rate of Defibrillator market in 2026?
What are the key factors driving the Global Defibrillator market?
What are sales, revenue, and price analysis of top manufacturers of Defibrillator market?
Who are the distributors, traders and dealers of Defibrillator market?
Who are the key vendors in Defibrillator market space?
What are the Defibrillator market opportunities and threats faced by the vendors in the Asia Defibrillator market?
What are sales, revenue, and price analysis by types, application and regions of Defibrillator market?
What are the market opportunities, market risk and market overview of the Defibrillator market?
- Implantable Cardioverter Defibrillator (ICD)
. Transvenous ICD
. Single Chamber ICD
. Dual Chamber ICD
. CRT-D (cardiac resynchronization therapy- defibrillator)
. Subcutaneous ICD
- External Defibrillator
. Automated External Defibrillator (AED)
. Manual and Semi-automatic External Defibrillator
. Wearable External Defibrillator
By End User
- Hospitals & Clinics
- Ambulatory, Schools and other Public Places
- North America (USA and Canada)
- Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)
- Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
- Rest of the World
Some major points from Table of Content:
1.4.Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
3.1. Market Drivers
3.2. Market Restraints
3.3. Market Opportunities
4. Key Insights
4.1. Prevalence of Sudden Cardiac Arrests in Key Countries
4.2. Recent Industry Developments such as Mergers & Acquisitions
4.3. The Regulatory Scenario in Key Countries
4.4. New Products Launches by Key Players
4.5. Reimbursement Scenario for Key Countries
4.6. Key Industry Trends
5. Global Defibrillator Market Analysis, Insights and Forecast, 2015-2026
5.1. Key Findings / Summary
5.2. Market Analysis, Insights and Forecast – By Type
5.2.1.Implantable Cardioverter Defibrillator (ICD)
22.214.171.124 Transvenous ICD
126.96.36.199.1. Single Chamber ICD
188.8.131.52.2. Dual Chamber ICD
184.108.40.206.3. CRT-D (cardiac resynchronization therapy- defibrillator)
220.127.116.11. Subcutaneous ICD
5.2.2. External Defibrillator
18.104.22.168. Automated External Defibrillator (AED)
22.214.171.124. Manual and Semi-automatic External Defibrillator
126.96.36.199. Wearable External Defibrillator
5.3. Market Analysis, Insights and Forecast – By End User
5.3.1. Hospitals & Clinics
5.3.2. Schools and other Public Places
5.4. Market Analysis, Insights and Forecast – By Region
5.4.1. North America
5.4.3. Asia pacific
5.4.4. Rest of the World