Defibrillators Market 2020 Global Industry Extensive Competitive Landscape on Size, Volume, Trends, Share and Revenue| Regional Forecast By 2025

"The global defibrillators market is projected to grow at a CAGR of 3.4%"

The global defibrillators market is expected to reach USD 11.7billion by 2025 from USD 9.6 billion in 2019,at a CAGR of 3.4%.Factors such as the rising prevalence of target diseases, growing focus on providing public-access defibrillators, and training & awareness programs on defibrillators are expected to propel the growth of this market. However, issues related to the use of implantable and automated external defibrillators and frequent product calls are expected to restrain the growth of the defibrillators market in the forecast period. The defibrillators market has witnessed significant developments in terms of technological advancements and new product developments.

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The key players in the defibrillators market include Medtronic (Ireland), Abbott Laboratories (US), Boston Scientific (Germany), ZOLL Medical Corporation (US), Koninklijke Philips N.V. (Netherlands), BIOTRONIK (Germany), Nihon Kohden (Japan), MicroPort (China), Mediana (South Korea), CU Medical Systems (South Korea), Mindray Medical (China), Physio-Control (US),SCHILLER AG (Switzerland), Progetti Medical Equipment Solutions (Italy), and METsis Medikal (Turkey)

"The external defibrillators segment is expected to grow at the highest CAGR from 2019 to 2025"

On the basis of products, the defibrillators market is classified into implantable cardioverter defibrillators (ICDs) and external defibrillators. The ICDs product segment is further segmented into transvenous implantable cardioverter defibrillators (T-ICDs) and subcutaneous implantable cardioverter defibrillators (S-ICDs). The T-ICDs segment is further classified into single-chamber ICDs, dual-chamber ICDs, and cardiac resynchronization therapy defibrillators (CRT-Ds). The external defibrillators segment is further classified into external defibrillators, and wearable cardioverter defibrillators (WCDs). The external defibrillators segment is expected to grow at the highest CAGR in the forecast period, owing to factors such as the growing focus of key market players on developing easy-to-use defibrillators, increasing support from governments to install AEDs at public places, and rising adoption of WCDs.

"The hospitals, clinics, and cardiac centers segment to dominate the global defibrillators market during the forecast period"

On the basis of end users,the defibrillators market is segmented into hospitals, clinics, and cardiac centers; pre-hospital care settings; public access markets; alternate care facilities; and home care settings. The hospitals, clinics, and cardiac centers segment is estimated to account for the largest share of the defibrillators market in 2019. A growing number of cardiac implant procedures across the globe and the availability of reimbursements across the developed markets are some of the major factors driving the growth of this segment.

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Research Coverage

This report studies the defibrillators market based on type, end user, and region. The report also analyzes factors (such as drivers, restraints, opportunities, and challenges) affecting the market growth. It evaluates opportunities and challenges in the market for stakeholders and provides details of the competitive landscape for market leaders. The report also studies micro markets with respect to their growth trends, prospects, and contributions to the overall market. The report forecasts the revenue of the market segments with respect to four main regions.

List of Tables

Table 1 Recent Product Recalls By the Us Fda, 2017-2019
Table 2 Market, By Type, 2017-2025 (USD Million)
Table 3 Market, By Region, 2017-2025 (USD Million)
Table 4 Implantable Cardioverter Defibrillators Market, By Type, 2017-2025 (USD Million)
Table 5 Market, By Region, 2017-2025 (USD Million)
Table 6 Market, By Region, 2017-2025 (Units)
Table 7 Market, By End User, 2017-2025 (USD Million)
Table 8 Market, By Type, 2017-2025 (USD Million)
Table 9 Transvenous Implantable Cardioverter Defibrillators Market, By Region, 2017-2025 (USD Million)
Table 10 Transvenous Implantable Cardioverter Defibrillators Market, By End User, 2017-2025 (USD Million)
Table 11 Cardiac Resynchronization Therapy Defibrillators Market, By Region, 2017-2025 (USD Million)
Table 12 Cardiac Resynchronization Therapy Defibrillators Market, By End User, 2017-2025 (USD Million)
Table 13 Dual-Chamber Implantable Cardioverter Defibrillators Market, By Region, 2017-2025 (USD Million)
Table 14 Dual-Chamber Implantable Cardioverter Defibrillators Market, By End User, 2017-2025 (USD Million)

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List of Figures

Figure 1 Research Methodology Steps
Figure 2 Research Design
Figure 3 Breakdown of Primary Interviews: By Company Type, Designation, and Region
Figure 4 Research Methodology: Hypothesis Building
Figure 5 Market: Product-Based Estimation
Figure 6 Market: End-User-Based Estimation
Figure 7 Data Triangulation
Figure 8 Market, By Type, 2019 vs. 2025 (USD Million)
Figure 9 Market Share, By End User, 2019 vs. 2025
Figure 10 Geographical Snapshot of the Market
Figure 11 Rising Prevalence of Target Diseases to Drive Market Growth
Figure 12 Fully Automated External Defibrillators Segment to Register the Highest Growth From 2019 to 2025
Figure 13 Hospitals, Clinics, and Cardiac Centers Will Continue to Dominate the Market in 2025
Figure 14 Asia Pacific is the Fastest-Growing Market for Defibrillators
Figure 15 Market: Drivers, Restraints, Opportunities, & Challenges
Figure 16 Geriatric Population, By Region, 2015-2050 (Million)

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