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Defibrillators Market Growth, Trends, Global Analysis and Forecast 2025 | Koninklijke Philips N.V., Zoll Medical Corporation (Asahi Kasei), Physio-Control (Stryker Corporation), Medtronic plc, Boston Scientific Corporation, St. Jude Medical LLC, Nihon Koh

05-12-2020 08:22 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Adroit Market Research

The global defibrillators market is projected to reach an approximate value of USD 10.4 billion by 2025, growing at a CAGR of 4.5%. Global defibrillators market includes extensive features of the global market. This report also contains historical progress information of this market which offers the reliable factual support to the estimations and analysis of the global market. Furthermore, the global defibrillators market report also offers and assesses the figures of the global market as well as it also presents the robust predictions as to the industry's growth aspects over the forecast period.

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Defibrillators are used in emergency care situations with an aim to improve survival and restore breathing in patients with sudden cardiac arrest. Sudden cardiac arrest (SCA) is an abrupt disruption of the heart's function that causes a lack of blood flow to vital organs.

The global defibrillators market is majorly driven by the rapid growth in the geriatric population along with high risks of target diseases, increasing frequency of cardiovascular diseases across the globe, increasing production of technologically enhanced defibrillators, rising attention of public and private organizations, increasing number of training programs and awareness across the world, as well as major market providers towards the public access defibrillation. On the other hand, the ability of defibrillators to rectify conditions related with the cardiac, comprising cardiac arrhythmias, ventricular fibrillation, as well as ventricular tachycardia is also anticipated to increase the growth of the global defibrillators market over the forecast period.

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Moreover, the rise in implementation of technologically advanced defibrillators, increasing demand for quality medical care, growing incidences of cardiovascular diseases are also some of the significant factors increasing the growth of the global defibrillators market into coming years. In addition to this, the rise in focus of private and public organizations and major market providers on public access defibrillators, and the rise in number of trainings around the world are some of other factors boosting the development of the global defibrillators market. Furthermore, promoting the modernism of the next-gen exterior defibrillators to increase effectiveness and safety, improving the ability of the market, addressing and identifying issues related with devices, and concentrating on the SCA are expected to generate beneficial opportunities in the global defibrillators market.

North America dominated the global defibrillators market in 2018. High incidences of SCA, large patient population with cardiovascular diseases, rapid adoption of technologically advanced defibrillators in the region are key factors likely to drive the growth of the market in the next few years. Asia Pacific will create immense growth opportunities in the future owing to presence of large geriatric patient pool, increase in burden of heart disorders, along with supportive government focused on providing access to AEDs in emerging countries.

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Major players operating in the global defibrillators market include Koninklijke Philips N.V., Zoll Medical Corporation (Asahi Kasei), Physio-Control (Stryker Corporation), Medtronic plc, Boston Scientific Corporation, St. Jude Medical LLC, Nihon Kohden Corporation, Defibtech, LLC, LivaNova plc, Schiller AG, and Biotronik among others.

Key Segments of the Global Defibrillators Market

Product Overview, 2015-2025 (USD Million)

Implantable Cardioverter Defibrillators (ICDs)

Transvenous Implantable Cardioverter Defibrillators (T-ICDs)

Single Chamber Implantable Cardioverter Defibrillators

Dual Chamber Implantable Cardioverter Defibrillators

Cardiac Resynchronization Therapy Defibrillators (CRT-D)

Subcutanenous Implantable Cardioverter Defibrillators (S-ICDs)

External Defibrillators

Manual External Defibrillators

Automated External Defibrillators

Wearable Cardioverter Defibrillators

End-user Overview, 2015-2025 (USD Million)

Hospitals

Pre-hospital care settings

Public Access Market

Home Care Settings

Others

Regional Overview, 2015-2025 (USD Million)

North America

U.S.

Canada

Europe

Germany

United Kingdom

France

Rest of Europe

Asia Pacific

China

Japan

India

Rest of Asia Pacific

Latin America

Brazil

Mexico

Rest of Latin America

Middle East & Africa

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About Us:

Adroit Market Research is an India-based business analytics and consulting company incorporated in 2018. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market's size, key trends, participants and future outlook of an industry. We intend to become our clients' knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code- Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.

Contact Information:

Ryan Johnson

Account Manager Global

3131 McKinney Ave Ste 600, Dallas,

TX75204, U.S.A.

Phone No.: USA:+1 972-362 -8199/ +91 9665341414

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