Defibrillator Devices And Equipment Market 2025-2034: Key Highlights, Growth Dynamics, and Emerging Trends
2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!
What External and Internal Drivers Are Contributing to the Growth of theDefibrillator Devices And Equipment Market?
The defibrillator devices and equipment market is seeing growth due to increasing healthcare expenditure. The rising financial investment in healthcare systems, such as the U.S. healthcare spending which grew by 4.1% in 2022, is leading to the adoption of advanced medical devices, including defibrillators. As healthcare infrastructure improves and spending increases, the demand for life-saving devices like defibrillators is expected to continue to rise.
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#How Will the CAGR of the Defibrillator Devices And Equipment Market Influence Its Overall Growth by 2034?
The defibrillator devices and equipment market has expanded robustly. It will grow from $12.17 billion in 2024 to $13.22 billion in 2025, reflecting a CAGR of 8.6%. Growth factors include rising cardiac arrest cases, the aging population, integration with emergency services, and widespread awareness initiatives.
The defibrillator devices market is poised for strong growth, projected to reach $16.2 billion by 2029 with a CAGR of 5.2%. Growth is propelled by personalized medical care, telehealth integration, wider healthcare access, and public defibrillator availability. Notable trends include wearable devices, newer AED technologies, and solutions tailored for children.
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What Are the Most Significant Market Trends Transforming theDefibrillator Devices And Equipment Market?
In the defibrillator devices and equipment market, companies are developing innovative products, such as the Avive AED, to enhance survival rates. The Avive AED is the smallest and lightest FDA-approved portable defibrillator, optimized for accessibility and portability. For example, in January 2023, Avive Solutions Inc. received FDA approval for its Avive Connect AED, which features cellular and WiFi connectivity, GPS, remote maintenance, and extreme portability.
Who Are the Dominant Market Players Pushing the Boundaries of theDefibrillator Devices And Equipment Market?
Major companies operating in the defibrillator devices and equipment market include Medtronic plc, Abbott Laboratories, Boston Scientific Corporation, Koninklijke Philips N.V, ZOLL Medical Corporation, Cardiac Science Corporation, Physio-Control Inc., Nihon Kohden Corporation, Defibtech LLC, Schiller AG, Biotronik Inc., LivaNova plc, HeartSine Technologies LLC, Mindray Medical International Limited, Metrax Engineering Ltd., CU Medical Systems Inc., Fukuda Denshi Co. Ltd., GE Healthcare, Innomed Technologies Inc., Progetti Srl, Stryker Corporation, Welch Allyn Inc., Weinmann Emergency Medical Technology GmbH + Co. KG, Bexen Cardio, GCE Group, Lepu Medical Technology (Beijing) Co. Ltd., Shenzhen XFT Medical Limited, Zhejiang Medtec Medical Devices Co. Ltd.
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What Are the Core Segments of the Defibrillator Devices And Equipment Market, and How Do They Contribute to Growth?
The defibrillator devices and equipment market covered in this report is segmented –
1) By Type: Implantable Defibrillators, External Defibrillators
2) By Implantable Defibrillators: 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 defibrillators: 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
Subsegments:
1) By Implantable Defibrillators: Implantable Cardioverter Defibrillators (ICD), Subcutaneous Implantable Defibrillators (S-ICD), Dual-Chamber Implantable Defibrillators, Single-Chamber Implantable Defibrillators
2) By External Defibrillators: Automated External Defibrillators (AED), Manual External Defibrillators, Wearable Cardioverter Defibrillators (WCD), Other External Defibrillators
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What Regions Are Dominating the Defibrillator Devices And Equipment Market Growth?
North America was the largest region in the global defibrillator devices and equipment market in 2023. Western Europe was the second-largest region in the defibrillator devices and equipment market. The regions covered in the defibrillator devices and equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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