Press release
Defibrillator Pads Market Size (Value & Volume), Future Trends, Opportunities and Sales Channels, Forecast 2026
The objectives of this study are as follows:
• To define, describe, and forecast the " Defibrillator Pads " market by type, application, component, delivery model, end user, and region
• To provide detailed information regarding major factors influencing market growth (drivers, restraints, opportunities, and industry-specific challenges)
• To analyze micromarkets with respect to individual growth trends, prospects, and contributions to the overall market
• To analyze opportunities in the market for stakeholders and provide details of the competitive landscape for market leaders
• To forecast the market size of market segments with respect to the four key regions: North America, Europe, Asia, and the Rest of the World (RoW)
• To strategically profile the key players and comprehensively analyze their product portfolios, market positions, and core competencies
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Market Outlook
The usage of defibrillators for the treat sudden cardiac arrest (SCA) dragged the defibrillators pads in the market. In order to work properly, defibrillators need automated external defibrillator (AED) pads. AED pads are the part of the automated external defibrillator that is attached directly to the SCA victim’s chest (skin) and through which the shock to the heart is delivered. Having extra defibrillator pads on hand is an important part of any AED program for several reasons. However, defibrillator pads have a defined shelf life and will expire after a certain amount of time passes, typically 18-30 months. The part of the pad that expires is not the pad itself, but the gel that is applied to the defibrillator pads when they are manufactured. This gel acts as a bonding agent and helps the AED pads to adhere firmly to the victim’s skin. As time passes, the gel begins to dry out. If this happens, the AED pads will not stick to the skin and will not be able to provide the correct analysis and therapy needed to treat SCA. This led the defibrillator pads market to evolve.
Another reason for having extra AED pads on hand if a patient is likely to have SCA emergency and having chances of back-to-back sudden cardiac arrest events. Even some time, AED owners and/or users should have these extra pads on hand ensures that if one SCA event happens on the heels of another, the emergency response team will have the necessary equipment ready for the next victim.
Today, defibrillator pads are available for infants and children, as well as for adults. Infant and child AED pads are designed for SCA victims who are under eight years of age or who weigh less than 55 pounds. Moreover, prominent players of healthcare industry dealing in this market, which emphasizing the adoption rate and awareness of the product.
Some of the major brands available in the market are for defibrillator pads are Medtronic LIFEPAK 500 and Philips OnSite AED pads. We also carry Cardiac Science, Zoll, Defibtech, HeartSine and Welch Allyn AED pads.
Demand of Defibrillator Pads
The increasing number of patient suffering from cardiac arrhythmias and ventricular fibrillation is generating the huge demand of defibrillator among patients and so as defibrillator pads. The increasing rate of cardiac arrest among babies, elderly population, and also any age in between is driving the defibrillators pads.
Survival rates for individuals with ventricular fibrillation treated by AEDs have been reported between 0% and 31%. Comparatively, the survival rates for performing basic cardiopulmonary resuscitation (CPR) alone are reported between 0% and 6%. Theoretically, even more lives could be saved if targeted members of the general public could obtain early access to and have training in the use of AEDs and CPR. Unfortunately, only about 10-15% of cardiac arrests occur in a public place and even fewer are witnessed.
Defibrillator Pads Market Assessment by Distribution Channel
Factor Driving Defibrillator Pads Market
Global market for defibrillator pads is driven by various factors such as rapidly growing patient pool suffering from cardiac arrhythmias and ventricular fibrillation, increasing elderly population suffering from chronic disease, and rise in lifestyle disease suffering patients. The increasing awareness towards the usage of AEDs is also propelling the market. AEDs have become an important part of emergency medical response programs. With nearly 400,000 cases of sudden cardiac arrest (SCA) reported in the U.S. each year, it is apparent that AEDs are needed in everywhere. Furthermore, increasing government initiatives to spread the awareness is also driving this market.
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Manufacturers to focus on production
Defibrillator Pads market is spurred by increasing number of defibrillators manufacturers focusing on production expansion, sales and promotional activities in the developing nations, which indirectly creates the demand of defibrillators pads among end users. Rising cardiac awareness programs, increasing cardiac arrhythmias suffering patient, availability and ease of usability of the pads drive the market. New products, presence of leading manufacturers having strong geographical hold driving the defibrillator pads market in North America, and Europe. Growing regions such as Asia Pacific and Latin America is expected to spur revenue growth during the forecast period. Also, rapidly rising geriatric population in developing and developed economies and elevating prevalence and incidence of lifestyle disease are gardening the growth of defibrillators pads.
Defibrillator Pads in Retail Pharmacy
Hospital Pharmacies & Retail Pharmacies pose a strong position in the market due to high demand among end users of defibrillator pads. These distribution channel shared significant portion of revenue share in overall market. However, online pharmacy to mark a sluggish growth in this market. Further, the growing trend of hospital pharmacy, retail pharmacy, and online pharmacy will expected to set a substantial share in the market due to gradual increase in adoption of defibrillator worldwide.
Regional Market Outlook
Geographically, global defibrillator pads market is segmented into five key regions viz. North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. North America will continue to dominate the global defibrillator pads market. Large number of defibrillators manufacturers in the U.S. are focusing on increasing their sales by opening new manufacturing facilities for developing advanced defibrillators pads. This is expected to boost the revenues for the global defibrillator pads in North America and Europe over the forecast period. However it has been reported that rising cardiac care awareness programs, increasing lifestyle disease, gearing patient pool suffering from heart disease in regions such as Asia Pacific and Latin America is going to further spur revenue growth during the forecast period.
Competition Outlook
For majority of the manufacturing companies, increasing purchasing of defibrillators remains the foremost factor for high demand of defibrillators pads. New manufacturing is also coming on line. Rising awareness and increasing disposable income are also key factors which are responsible for revenue generation for most of the companies. Additionally, Companies are involved in collaboration agreements for R&D in order to exploit maximum potential, as well as new manufacturing units have also come online which is in turn driving the revenue growth of defibrillators pads market.
Some of the major players operating in global defibrillator pads market Koninklijke Philips N.V., Zoll Medical Corporation, Cardiac Science, Stryker Corporation, and others.
Key data points covered in report
The report covers exhaustive analysis on:
• Defibrillator Pads Market by Product Type, Age Group, Distribution Channel and Region
• Regional level market analysis of North America, Latin America, Europe, Asia Pacific, & Middle East & Africa by Product Type, Age Group, Distribution Channel and Country Segments
• Defibrillator Pads Market Dynamics & Opportunity Assessment
• Historical Market Size, 2013 - 2017
• Defibrillator Pads Market Size & Forecast 2018-2028
• Defibrillator Pads Current Trends/Opportunities/Challenges
• Competition & Key Companies involved
Report Highlights:
• Shifting Industry dynamics
• In-depth market segmentation
• Key Competition landscape, Market Structure and Regulatory Scenario
• Disease Epidemiology Outlook
• Regional healthcare outlook, Per-Capita Healthcare Expenditure
• Availability of Defibrillator Pads
• key players and product offerings, Sales, Marketing and Channel strategies,
• Regional and Channel Foot print
• A neutral perspective towards market performance in terms of Market value and volume units
Market Segmentation
By Product Type
• Manual External
• Manual Internal
• Automatic External
By Age Group
• Pediatric Defibrillator Pads
• Adult Defibrillator Pads
By Distribution Channel
• Online Pharmacy
• Retail Pharmacy
• Hospital Pharmacy
Market by Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa
Research Methodology
PMR utilizes a triangulation methodology that is primarily based on experimental techniques such as patient-level data, disease epidemiology and consumption of defibrillators to obtain precise market estimations and insights. Production is mapped for various Tier1 and Tier 2 manufacturers to understand the global production capacity of defibrillators pads. Further, the demand defibrillators and defibrillators pads is analysed for each region which helps us analyse the consumption of defibrillators pads. Other factors considered while estimating the market includes treatment rate, prescription pattern, and treatment duration. Bottom-up approach is always used to obtain insightful data for the specific country/regions. The country specific data is again analysed to derive data at a global level. This methodology ensures high quality and accuracy of information.
Further, Parent market (defibrillators Market) for defibrillators pads will be analyzed to understand the percentage contribution in the current market.
On the other hand, we also analyze all the key companies’ annual reports, investor presentations, and SEC filings, 10k reports for key financials and to analyze segmental revenue. News and press release also analyzed to fetch substantial information on the key developments, trends, opportunities which helps us understand the market structure and estimate market share. Key companies are segmented at Tier level based on their revenues, product portfolio and presence.
Quantitative and qualitative assessment of basic factors driving demand, economic factors/cycles and growth rates and strategies utilized by key players in the market is analysed in detail while forecasting, in order to project Year-on-Year growth rates. These Y-o-Y growth projections are checked and aligned as per industry/product lifecycle and further utilized to develop market numbers at a holistic level.
Besides this, forecasting will be done based on our internal proprietary model which also uses different macro-economic factors such as per capita healthcare expenditure, disposable income, industry based demand driving factors impacting the market and its forecast trends apart from disease related factors.
MRR.BIZ has been compiled in-depth market research data in the report after exhaustive primary and secondary research. Our team of able, experienced in-house analysts has collated the information through personal interviews and study of industry databases, journals, and reputable paid sources.
The report provides the following information:
• Tailwinds and headwinds molding the market’s trajectory
• Market segments based on products, technology, and applications
• Prospects of each segment
• Overall current and possible future size of the market
• Growth pace of the market
• Competitive landscape and key players’ strategies
The main aim of the report is to:
• Enable key stakeholder’s in the market bet right on it
• Understand the opportunities and pitfalls awaiting them
• Assess the overall growth scope in the near term
• Strategize effectively with respect to production and distribution
MRR.BIZ is a leading provider of strategic market research. Our vast repository consists research reports, data books, company profiles, and regional market data sheets. We regularly update the data and analysis of a wide-ranging products and services around the world. As readers, you will have access to the latest information on almost 300 industries and their sub-segments. Both large Fortune 500 companies and SMEs have found those useful. This is because we customize our offerings keeping in mind the specific requirements of our clients.
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