Global Defibrillator Market 2018-2022

The global defibrillator market size will grow by USD 4.3 billion during 2018-2022. This report offers an analysis of the market based on the product (ICDs and external defibrillators) and end users (hospitals, public access points, alternate care settings, pre-hospital, and home-care settings). The defibrillator market research report further presents an in-depth insight on the growth prospects of the market across the Americas, APAC, and EMEA. The report analyzes the market’s competitive landscape and offers information on several companies including BIOTRONIK, Boston Scientific, and Medtronic.

Below are some of the key findings from the defibrillator market research report

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Global Defibrillator Industry Overview

The rising prevalence of cardiovascular diseases (CVD) is one of the primary factors driving the global defibrillator market growth. According to the CDC, in 2015, about 61,000 deaths in the US were caused by cardiac-related disorders. High blood pressure, lack of physical exercise, obesity, and diabetes are major causes of CVDs becoming a global epidemic. The increasing incidences of sudden cardiac arrest (SCA) have led to the growing use of defibrillators to facilitate quick recovery of normal heart rhythm and revive blood flow in the brain. The use of defibrillators in cardiac arrest cases increases survival rates by 60%. Hence, rising incidences of CVDs will drive their demand, and boost the defibrillator market growth.

Technological innovations in both implantable and external defibrillator products are one of the key defibrillator market trends that will prove critical in defining the growth of the market. There is a growing demand for defibrillators with reduced inappropriate shocks, longer battery life, less invasive installation, and quadripolar devices. Subsequently, vendors are developing innovative products to capitalize on this demand. Innovative implantable defibrillators include subcutaneous and transvenous patches which aim to increase patient comfort. ICDs have also undergone several advancements, especially regarding battery life. The defibrillator market forecast report predicts that fueled by these factors, the market will grow at a CAGR of over 7% during the forecast period.

Top defibrillator companies covered in this market research report

The defibrillator market is moderately concentrated and in the growth phase. By offering a complete analysis of the market’s competitive landscape and with information on the products offered by the companies, this defibrillator industry analysis report will aid clients to identify and design new growth strategies.

The report offers a complete analysis of various companies including:

• BIOTRONIK
• Boston Scientific
• Medtronic

Defibrillator market segmentation based on geographic regions

• Americas
• APAC
• EMEA

According to global defibrillator market analysis, the Americas will lead the defibrillator market share during the forecast period. However, the APAC region will account for the highest defibrillator market growth throughout the forecast period.

Defibrillator market segmentation based on products

• ICDs
• External defibrillators

The ICD segment will account for the largest defibrillator market share during the forecast period. However, external defibrillators will account for the highest defibrillator market growth. Additionally, the report also provides an accurate prediction of the contribution of the various product segments to the growth of the defibrillator market size.

Key highlights of the global defibrillator market for the forecast years 2018-2022:

• CAGR of the market during the forecast period 2018-2022
• Detailed information on factors that will accelerate the growth of the defibrillator market during the next five years
• Precise estimation of the global defibrillator market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• Growth of the defibrillator industry across the Americas, APAC, and EMEA
• A thorough analysis of the market’s competitive landscape and detailed information on several vendors
• Comprehensive details on the factors that will challenge the growth of defibrillator companies

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