Defibrillators Market 2021 Growth Opportunity By Industry Players - Medtronic, Abbott Laboratories, Boston Scientific, ZOLL Medical Corporation, Koninklijke Philips N.V., BIOTRONIK

Defibrillators Market research report has been produced with the systematic gathering of market information for the Medical Devices industry. All this information is supplied in such a way that it properly gives an explanation of various facts and figures to the business. The market data provided in this report helps to discover diverse market opportunities present worldwide for the Medical Devices industry. This report gives accurate information about market trends, industrial changes, and consumer behavior, etc. Taking up such a market research report is always very advantageous for any company, whether it is a small scale or large scale, for marketing of products or services. Analytical study of Defibrillators Market report helps in mapping growth strategies to increase sales and build brand image in the market.

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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 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.

“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.

“APAC is projected to witness the highest growth during the forecast period”

The Asia Pacific defibrillators market is expected to grow at the highest CAGR from 2019 to 2025. Factors such as the rapidly growing aging population, increasing cases of cardiovascular diseases, improving research infrastructure, and growing focus of key market players to expand their presence in this region are driving the growth of the Asia Pacific defibrillators market.

Breakdown of supply-side primary interviews: by company type, designation, and region:

By Company Type – Tier 1–25%, Tier 2–30% and Tier 3–45%
By Designation – C-level–26%, Director-level–30%, Others–44%
By Region – North America–34%, Europe–26%, APAC–23%, RoW–17%
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.

Reasons to Buy the Report:

The report provides insights on the following pointers:

Market Penetration: Comprehensive information on business strategies adopted by the major players in the defibrillators market. The report analyzes the defibrillators market based on type, end user, and region.
Product Development/Innovation: Detailed insights on the upcoming technologies, research and development activities, and product launches in the defibrillators market.
Market Development: Comprehensive information about lucrative emerging markets. The report analyzes the markets for various defibrillators across geographies.
Market Diversification: Exhaustive information about new defibrillator types, untapped geographies, recent developments, and investments in the defibrillators market.
Competitive Assessment: In-depth assessment of market ranking, strategies, and products of leading players in the defibrillators market.

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Table of Contents

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Markets Covered
1.3.1 Years Considered for the Study
1.4 Currency
1.5 Limitations
1.6 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.2 Market Size Estimation
2.2.1 Product-Based Market Estimation
2.2.2 End-User-Based Market Estimation
2.2.3 Primary Research Validation
2.3 Market Breakdown & Data Triangulation
2.4 Research Limitations & Assumptions
2.4.1 Limitations
2.4.2 Assumptions

3 Executive Summary

4 Premium Insights
4.1 Market Overview
4.2 Market, By Type, 2019 vs. 2025 (USD Million)
4.3 Market, By End User, 2019 vs. 2025 (USD Million)
4.4 Market: Geographic Growth Opportunities

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Rising Prevalence of Target Diseases
5.2.1.2 Growing Focus on Providing Public-Access Defibrillators
5.2.1.3 Training & Awareness Programs on Defibrillators
5.2.2 Restraints
5.2.2.1 Issues Related to the Use of Implantable and Automated External Defibrillators
5.2.3 Opportunities
5.2.3.1 Emerging Markets
5.2.3.2 Development of S-Icds and Mri-Compatible Icds & Crt-Ds
5.2.4 Challenges
5.2.4.1 Frequent Product Recalls
5.2.4.2 Lack of Awareness About Sudden Cardiac Arrest in Developing Nations
5.3 Industry Trends
5.3.1 Increasing Pricing Pressure on Market Players
5.3.2 Growing Number of Mergers & Acquisitions Among Market Players
5.3.3 Rising Demand for Automated External Defibrillators in Prehospital Settings
5.4 Regulatory Scenario
5.4.1 External Defibrillators
5.4.2 Implantable Defibrillators

6 Defibrillators Market, By Type
6.1 Introduction
6.2 Implantable Cardioverter Defibrillators
6.2.1 Transvenous Implantable Cardioverter Defibrillators
6.2.1.1 Biventricular Icds/Cardiac Resynchronization Therapy Defibrillators
6.2.1.1.1 Launch of Technologically Advanced Crt-D Devices to Support Market Growth
6.2.1.2 Dual-Chamber Icds
6.2.1.2.1 Dual-Chamber Icds Reduce the Incidence of Inappropriate Shocks
6.2.1.3 Single-Chamber Icds
6.2.1.3.1 Single-Chamber Icds are Associated With the Increased Risk of Inappropriate Shocks
6.2.2 Subcutaneous Implantable Cardioverter Defibrillators
6.2.2.1 S-ICDS Segment to Register the Highest Growth in the ICDS Market
6.3 External Defibrillators
6.3.1 Manual & Semi-Automated External Defibrillators
6.3.1.1 Development of Technologically Advanced Aeds is Negatively Affecting the Market for Manual External Defibrillators
6.3.2 Fully Automated External Defibrillators
6.3.2.1 Increasing Installation of These Devices in Public Places to Drive Market Growth
6.3.3 Wearable Cardioverter Defibrillators
6.3.3.1 Concerns Associated With the Use of Wcds are Expected to Hamper Its Adoption

7 Defibrillators Market, By End User
7.1 Introduction
7.2 Hospitals, Clinics, & Cardiac Centers
7.2.1 Hospitals, Clinics, & Cardiac Centers-Largest End Users of Defibrillators
7.3 Prehospital Care Settings
7.3.1 Rising Funding for Prehospital Emergency Ambulance Services in Developing Countries to Support Market Growth
7.4 Public Access Markets
7.4.1 Rising Incidence of Out-Of-Hospital Cardiac Arrest is Driving the Adoption of Defibrillators
7.5 Alternate Care Facilities
7.5.1 Underdeveloped Infrastructure for Alternate Care in Most European Countries and Emerging Nations to Restrain Market Growth
7.6 Home Care Settings
7.6.1 Increasing Adoption of Home Automated External Defibrillators-Key Factor Driving Market Growth

8 Defibrillators Market, By Region
8.1 Introduction
8.2 North America
8.2.1 US
8.2.1.1 High Adoption Rate of Aeds in the Country to Drive Market Growth
8.2.2 Canada
8.2.2.1 High Burden of Cvd in the Country is Contributing to the Growth of the Market in Canada
8.3 Europe
8.3.1 Germany
8.3.1.1 Germany Dominates the European Market
8.3.2 UK
8.3.2.1 Rising Support From Government and Private Organizations and Increasing Awareness Related to Defibrillators are Fueling Market Growth
8.3.3 France
8.3.3.1 Increasing Prevalence of Chronic Diseases in the Geriatric Population-A Key Driver for Market Growth in France
8.3.4 Italy
8.3.4.1 High Prevalence of Ohca in the Country is Driving the Growth of the Market
8.3.5 Spain
8.3.5.1 Increasing Number of Conferences and Awareness Programs is Supporting the Growth of the Market in Spain
8.3.6 Rest of Europe
8.4 Asia Pacific
8.4.1 Japan
8.4.1.1 Presence of A Universal Insurance Scheme in Japan is Expected to Support Market Growth
8.4.2 China
8.4.2.1 China is the Fastest-Growing Market for Defibrillators in the APAC
8.4.3 India
8.4.3.1 High Incidence and Prevalence of Cvd in the Country to Drive Market Growth
8.4.4 Australia
8.4.4.1 Government and Private Bodies are Taking Measures to Make Aeds Available at Public Sites in the Country
8.4.5 South Korea
8.4.5.1 Rising Incidence of Cardiac Disorders is Driving the Growth of the Defibrillators Market in South Korea
8.4.6 Rest of Asia Pacific (RoAPAC)
8.5 Latin America
8.5.1 Brazil
8.5.1.1 Large Obese Population has Resulted in the Increased Demand for Defibrillators in the Country
8.5.2 Mexico
8.5.2.1 High Prevalence of Target Diseases in the Country is the Major Factor Driving the Growth of the Market in Mexico
8.5.3 Rest of Latin America
8.6 Middle East & Africa

9 Competitive Landscape
9.1 Introduction
9.2 Market Share Analysis, 2018
9.2.1 Implantable Cardioverter Defibrillators Market
9.2.2 External Defibrillators Market
9.3 Competitive Leadership Mapping (Overall Market)
9.4 Vendor Inclusion Criteria
9.5 Vendor Dive
9.5.1 Visionary Leaders
9.5.2 Innovators
9.5.3 Dynamic Differentiators
9.5.4 Emerging Companies
9.6 Competitive Scenario
9.6.1 Key Product Launches & Approvals (2016–2019)
9.6.2 Key Agreements, Partnerships, Contracts, and Collaborations (2016–2019)
9.6.3 Key Expansions (2016–2019)
9.6.4 Key Acquisitions (2016–2019)

10 Company Profiles
10.1 Biotronik
10.1.1 Business Overview
10.1.2 Products Offered
10.1.3 Recent Developments (2016–2019)
10.2 Boston Scientific
10.2.1 Business Overview
10.2.2 Products Offered
10.2.3 Recent Developments (2016–2019)
10.2.4 MnM View
10.3 CU Medical Systems
10.3.1 Business Overview
10.3.2 Products Offered
10.4 Koninklijke Philips N.V.
10.4.1 Business Overview
10.4.2 Products Offered
10.4.3 Recent Developments (2016–2019)
10.4.4 MnM View
10.5 Mediana
10.5.1 Business Overview
10.5.2 Products Offered
10.5.3 Recent Developments (2016–2019)
10.5.4 MnM View
10.6 Medtronic
10.6.1 Business Overview
10.6.2 Products Offered
10.6.3 Recent Developments (2016–2019)
10.6.4 MnM View
10.7 Metsis Medikal
10.7.1 Business Overview
10.7.2 Products Offered
10.7.3 Recent Developments (2016-2019)
10.8 Microport
10.8.1 Business Overview
10.8.2 Products Offered
10.8.3 Recent Developments (2016–2019)
10.9 Mindray Medical
10.9.1 Business Overview
10.9.2 Products Offered
10.9.3 Recent Developments (2016-2019)
10.1 Nihon Kohden
10.10.1 Business Overview
10.10.2 Products Offered
10.10.3 Recent Developments (2016–2019)
10.11 Physio-Control (Part of Stryker Corporation)
10.11.1 Business Overview
10.11.2 Products Offered
10.11.3 Recent Developments (2016–2019)
10.11.4 MnM View
10.12 Progetti Medical Equipment Solutions
10.12.1 Business Overview
10.12.2 Products Offered
10.13 Schiller AG
10.13.1 Business Overview
10.13.2 Products Offered
10.13.3 Recent Developments (2016–2019)
10.14 ST. Jude Medical (Acquired By Abbott Laboratories)
10.14.1 Business Overview
10.14.2 Products Offered
10.14.3 Recent Developments (2016–2019)
10.14.4 MnM View
10.15 Zoll Medical Corporation (A Part of Asahi Kasei Corporation)
10.15.1 Business Overview
10.15.2 Products Offered
10.15.3 Recent Developments (2016–2019)
10.15.4 MnM View

11 Appendix
11.1 Discussion Guide
11.2 Knowledge Store: Marketsandmarkets’ Subscription Portal
11.3 Available Customizations
11.4 Related Reports
11.5 Author Details

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