Global External Defibrillators Market Future Trends and Scope Analysis Report 2023-2030

InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global External Defibrillators Market Trends, Industry Competition Analysis, Revenue and Forecast To 2030."

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According to the latest research by InsightAce Analytic, the global external defibrillators market is valued at US$ 4.8 billion in 2020, and it is expected to grow with a CAGR of 7.7% during a forecast period. By region, North America dominated the market with a share of 42% in 2020.

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Defibrillators are devices used to deliver an electric shock to a patient's heart in severe conditions such as cardiac arrhythmia, ventricular fibrillation. The shock can potentially stop an irregular heartbeat (arrhythmia) and allow a normal rhythm to resume following sudden cardiac arrest (SCA).

Factors such as the rising prevalence of cardiovascular diseases, growing geriatric population, increasing demand for technologically advanced defibrillators, fast adoption of advanced technologies, growing focus toward public access defibrillator (PAD) by the public & private organizations, rising government investments for the development of technologically advanced devices, rapid product improvements and innovations by manufacturers, growing awareness about the use of defibrillators are expected to drive the market growth over the forecast years. The rising prevalence of cardiovascular diseases results in increased demand for defibrillators, thereby enhancing the development of the external defibrillators market.

On the other side, stringent government regulations associated with the approval of these devices and a lack of awareness regarding sudden cardiac arrest are expected to hamper the market's growth during the forecast period.

Geographically, North America is anticipated to dominate this market over the forecast years 2020-2030 owing to the availability of advanced defibrillator devices, rising M&A activities among market players, and increasing product approvals and launches in this region.

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Major market players operating in the external defibrillators market are AMI ITALIA (Italy), Bexen Cardio (Spain), BPL Medical Technologies (India), Cardia International B.V. (Netherlands), Cardiac Science Corporation (US), Defibtech, LLC (US), Koninklijke Philips N.V. (Netherlands), BIOTRONIK SE & Co. KG (Germany), Nihon Kohden Corporation (Japan), Stryker Corporation (US), ZOLL Medical Corporation (US), PRIMEDIA (Metrax GmbH) (Germany), Opto Circuits India Ltd. (Bengaluru), Shenzhen XFT Medical Limited (China) among others.

Some of the key developments in the market are as follows:
In January 2021, the automated external defibrillators (AEDs) ZOLL AED 3 and ZOLL AED 3 BLS of the ZOLL Medical Corporation (US) were recognized by the World of Safety & Health Asia (WSHAsia) in its inaugural new & innovative solutions awards program, for their unrivaled innovative technology and the industry's shortest interval between compressions and shock delivery.

In June 2020, ZOLL Medical Corporation (US) received premarket approval (PMA) for its ZOLL AED 3 defibrillator with enhanced real CPR help, integrated child rescue, and wireless connectivity.
In June 2020, Philips (Netherlands), a global leader in health technology, received premarket approval (PMA) from the U.S. FDA for its HeartStart FR3 [1] and HeartStart FRx [2] automated external defibrillators (AEDs) and their supporting accessories, including batteries and pads.
In April 2019, Stryker Corporation (US) launched a new defibrillation solution, LIFEPAK CR2 defibrillator, with the LIFELINKcentral AED program manager. This defibrillator is designed to help rescuers provide higher quality CPR and supply the fastest first shock when defibrillation is needed.

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Market Segments
Global External Defibrillators Market, by Product, 2020-2030 (Value US$ Mn)
Manual & Semi-Automated External Defibrillators
Fully Automated External Defibrillators
Wearable Cardioverter Defibrillators

Global External Defibrillators Market, by End-users, 2020-2030 (Value US$ Mn)
Hospitals
Clinics & Cardiac Centers
Prehospital Care Settings
Public Access Markets
Alternate Care Facilities
Home Care Settings

Global External Defibrillators Market, by Region, 2020-2030 (Value US$ Mn)
North America
Europe
Asia Pacific
Latin America
Middle East & Africa

North America External Defibrillators Market, by Country, 2020-2030 (Value US$ Mn)
U.S.
Canada

Europe External Defibrillators Market, by Country, 2020-2030 (Value US$ Mn)
Germany
France
Italy
Spain
Russia
Rest of Europe

Asia Pacific External Defibrillators Market, by Country, 2020-2030 (Value US$ Mn)
India
China
Japan
South Korea
Australia & New Zealand

Latin America External Defibrillators Market, by Country, 2020-2030 (Value US$ Mn)
Brazil
Mexico
Rest of Latin America

Middle East & Africa External Defibrillators Market, by Country, 2020-2030 (Value US$ Mn)
GCC Countries
South Africa
Rest of Middle East & Africa

Why should buy this report:
To receive a comprehensive analysis of the prospects for the global external defibrillators market
To receive an industry overview and future trends of the external defibrillators market
To analyze the drivers and challenges of the external defibrillators market
To get information on the external defibrillators market value (US$ Mn) forecast to 2030
Significant investments, mergers & acquisitions in the external defibrillators market industry

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