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External Defibrillators Market Size, Share & Trends Analysis Report By Product (Manual External Defibrillators, Automated External Defibrillators, Wearable Cardioverter Defibrillators), By End Use, By Region, And Segment Forecasts, 2023 - 2032

02-08-2023 01:32 PM CET | Health & Medicine

Press release from: Analytics Market Research

Global External Defibrillators Market

Global External Defibrillators Market

Report Overview
The global external defibrillators market size was valued at USD 2.9 billion in 2021 and is estimated to expand at a compound annual growth rate (CAGR) of 9.3% from 2022 to 2032. Some of the main factors driving this market include rising technology breakthroughs, government attempts to install AEDs in public locations, the prevalence of sudden cardiac arrest, and activities by important industry participants. The Defibrillator Registration and Public Access Act (Bill 141) was approved by the government, according to a report from OHS Canada in November 2020, and is expected to increase public access to AEDs in the nation. Despite supply chain issues and other roadblocks brought on by movement restrictions, the COVID-19 pandemic considerably increased the demand for external defibrillators.

When a patient's life is in danger, medical devices called defibrillators shock their heart therapeutically. These conditions include ventricular fibrillation, cardiac arrhythmia, and pulseless ventricular tachycardia. Defibrillation involves giving the heart an electric shock to depolarize the cardiac muscles and restart the heart's normal electric impulse. In situations of unexpected cardiac arrest, external defibrillators are life-saving medical devices used to diagnose and correct life-threatening irregular heart rhythms using paddles or electrode pads.

The market for external defibrillators is growing as a result of a shift in public and private organisations' priorities towards public access defibrillators (PAD). Additionally, a rapidly expanding geriatric population with a high risk of cardiac arrest, an increase in the prevalence of cardiac disorders, and an increase in the number of important manufacturers developing sophisticated defibrillator devices all contribute to the market's expansion. Defibrillators have the ability to pace the heart and perform cardioversion and defibrillation. There are three main types of external defibrillators: wearable cardioverter defibrillators, automated external defibrillators (AEDs), and manual external defibrillators (WCDs). Due to their great effectiveness and simplicity of use, AEDs are used to treat sudden cardiac arrest (SCA). As a result, they hold a significant market share in the global defibrillator industry.

Report Scope:
The primary and secondary research is done in order to access up-to-date government regulations, market information and industry data. Data were collected from the External Defibrillators manufacturers, distributors, end users, industry associations, governments' industry bureaus, industry publications, industry experts, third party database, and our in-house databases. The report combines extensive quantitative analysis and exhaustive qualitative analysis, ranges from a macro overview of the total market size, industry chain, and market dynamics to micro details of segment by type, application and region and as a result provides a holistic view of as well as a deep insight into the External Defibrillators market covering all its essential aspects.

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Market Segmentations:
Global External Defibrillators Market: Segmentations

Global External Defibrillators Market: By Key Players
Medtronic
Abbott
Boston Scientific
Philips
Zoll Medical
Biotronik
Physio-Control
Cardiac Science
Livanova
Nihon Kohden
Schiller
Mindray Medical
Mediana
Metrax
Metsis Medikal

Global External Defibrillators Market: By Types
Automated External Defibrillators (AED)
Manual External Defibrillators

Global External Defibrillators Market: By Applications
Hospitals, Clinics, and Cardiac Centers
Pre-Hospital Care Settings
Public Access Markets
Home Care Settings
Alternate Care Facilities

Global External Defibrillators Market: Regional Analysis
The countries covered in the regional analysis of the Global External Defibrillators market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.

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An Overview of the Impact of COVID-19 on Market: The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic. We are taking continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future.

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Frequently Asked Questions About This Report
• How big is the external defibrillators market?
• What is the external defibrillators market growth?
• Which segment accounted for the largest external defibrillators market share?
• Who are the key players in the external defibrillators market?
• What are the factors driving the external defibrillators market?

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