Global Defibrillator Devices And Equipment Market
Medical Equipment

What Is The Defibrillator Devices And Equipment Market Overview In 2022?

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The defibrillator devices and equipment market is forecasted to achieve significant growth in the coming few years with a forecast CAGR (compound annual growth rate) of more than 7%, as per The Business Research Company’s market report!

 

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The Defibrillator Devices And Equipment Market Size In 2022 And Forecast
The global defibrillator devices and equipment market grew from $8.68 billion in 2021 to $9.72 billion in 2022 at a compound annual growth rate (CAGR) of 12.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The defibrillator devices and equipmen market is expected to grow to $13.1 billion in 2026 at a CAGR of 7.7%.

 

The defibrillator devices and equipment market consist of sales of heart-related diagnostic devices and related services.


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Rise In The Incidence Of Sudden Cardiac Arrest Is Driving The Growth Of The Defibrillator Devices And Equipment Market
According to the American Heart Association (AHA), the annual incidence of SCA in people of any age is around 356,461. SCA is characterized by the complete cessation of cardiac activity and defibrillators are used to deliver a therapeutic shock to the patient to revive the heartbeat. Due to this, the market for defibrillators is forecasted to grow.

 

Competitive Landscape And The Regional Analysis Of The Defibrillator Devices And Equipment Market
Major players in the defibrillator devices and equipment market are Medtronic, St. Jude Medical LLC, Boston Scientific Corporation, Koninklijke Philips N.V, ZOLL Medical Corporation, Cardiac Science, Physio-Control Inc, Nihon Kohden Corporation, Defibtech LLC, and Schiller AG.

 

Additionally, as per TBRC’s research – North America was the largest region in the defibrillator devices and equipment market in 2021 holding the largest market share.

 

The Defibrillator Devices And Equipment Global Market Report 2022 covers regional data on key drivers, opportunities, and strategies for the seven major regions of the world that are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the defibrillator devices and equipment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The report includes market size and forecast market shares for all the regions and countries with respect to the major players of the defibrillator devices and equipment market.

Technological Advancement – A Key Trend In The Defibrillator Devices And Equipment Market
Over the last three decades, AEDs (Automated External Defibrillators) have been upgraded with several new features such as rechargeable batteries, LCD screens, voice prompts, CPR tutorials, sophisticated self-testing software, fully automatic operation, and new types of shocks. There have been several recent advancements in implantable cardioverter-defibrillator (ICD) technology to extend battery life, improvements in patient monitoring to avoid needless shocks, the introduction of quadripolar lead devices to improve device programming and to improve therapy effectiveness, and the development of magnetic resonance imaging (MRI)-safe ICDs.


Defibrillator Devices And Equipment Market Segmentation By
The Business Research Company

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 & 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


Here Are Some Reports Related To The Defibrillator Devices And Equipment Market –

Cardiac Rhythm Management (CRM) Devices And Equipment Global Market Report 2022

Cardiovascular Devices Global Market Report 2022

Respiratory Devices And Equipment (Therapeutic And Diagnostic) Global Market Report 2022

 

 

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