Defibrillators Market to Reach USD 16.3 Bn by 2031 growing at a CAGR of 8.9% - Global Analysis by TMR

The surge in demand for defibrillators stems from the increased prevalence of home care settings due to the COVID-19 pandemic, providing alternative revenue streams for med-tech companies. Despite the advantages of implantable cardioverter-defibrillators in managing heart failure, concerns persist regarding associated risks such as heart muscle tearing and collapsed lungs, impeding widespread adoption. To mitigate these risks, it is imperative for both med-tech companies and healthcare practitioners to raise awareness about consent forms and implantation precautions, thereby averting adverse events and reducing healthcare burdens.

The 𝐃𝐞𝐟𝐢𝐛𝐫𝐢𝐥𝐥𝐚𝐭𝐨𝐫 𝐌𝐚𝐫𝐤𝐞𝐭 Outlook for 2031 anticipates significant growth, with the global market valued at US$ 7.2 billion in 2021 and projected to expand at a CAGR of 8.9% from 2022 to 2031, reaching over US$ 16.3 billion by 2031.

Defibrillators are medical devices that deliver an electric shock or pulse to the heart in order to restore normal heartbeat. These are used to prevent or treat arrhythmias, which are irregular heartbeats that are either too slow or too fast. AEDs (automated external defibrillators) are portable, life-saving devices used to treat people who have suffered sudden cardiac arrest, a medical condition in which the heart suddenly and unexpectedly stops beating.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅:
https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=1817&utm_source=OpenPR&utm_medium=OpenPR&utm_campaign=MansiR

𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐨𝐧 𝐋𝐚𝐧𝐝𝐬𝐜𝐚𝐩𝐞:

Medtronic, Stryker Corporation, Koninklijke Philips N.V., Asahi Kasei Corporation, Boston Scientific Corporation, Abbott, Nihon Kohden, MicroPort, BIOTRONIK, CU Medical Systems, METsis Medikal, Mediana Co. Ltd., and Mindray Medical International Ltd.

𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧:

𝐓𝐲𝐩𝐞

Advanced Life Support Defibrillators (ALS)
Automated External Defibrillator (AED)
Implantable Cardioverter-defibrillator (ICD)
Wearable Cardiac Defibrillator

𝐄𝐧𝐝-𝐮𝐬𝐞𝐫

Hospitals
Emergency Care
Home Care
Others

𝐆𝐞𝐭 𝐓𝐡𝐢𝐬 𝐄𝐱𝐜𝐥𝐮𝐬𝐢𝐯𝐞 𝐑𝐞𝐩𝐨𝐫𝐭, 𝐈𝐧𝐬𝐭𝐚𝐧𝐭𝐥𝐲:
https://www.transparencymarketresearch.com/checkout.php?rep_id=1817<ype=S&utm_source=OpenPR&utm_medium=OpenPR&utm_campaign=MansiR

𝐊𝐞𝐲 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭𝐬:

In February 2016, Stryker Corporation acquired Physio-control International, a manufacture of vital sign monitors and defibrillator for US$ 1.28 Bn

In January 2019, BioTelemetry, Inc., a remote and wireless company specializing in health information, acquired Geneva Healthcare, a maker of remote monitoring for implantable cardiac devices, for US$ 45 Bn.

In July 2020, Philips launched pre-hospital wireless monitoring solution for emergency medical response in the U.S. The solution is a complete end-to-end system that combines innovative hardware and advanced software to increase the pre-hospital scope of care for first responders.

𝐑𝐞𝐠𝐢𝐨𝐧𝐬 𝐂𝐨𝐯𝐞𝐫𝐞𝐝:

North America
Europe
Asia Pacific
Latin America
Middle East & Africa

𝐌𝐚𝐫𝐤𝐞𝐭 𝐓𝐫𝐞𝐧𝐝𝐬:

Emerging trends in the defibrillators market include the development of wearable defibrillator technology, increasing adoption of automated external defibrillators (AEDs) in public spaces, and integration of artificial intelligence (AI) for real-time cardiac monitoring and intervention.

𝐅𝐮𝐭𝐮𝐫𝐞 𝐎𝐮𝐭𝐥𝐨𝐨𝐤:

The future of the defibrillators market looks promising, with continued advancements in technology, growing adoption of telemedicine solutions, and increasing emphasis on preventive healthcare measures driving market expansion.

𝐁𝐫𝐨𝐰𝐬𝐞 𝐌𝐨𝐫𝐞 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐛𝐲 𝐓𝐌𝐑:

𝐒𝐭𝐚𝐢𝐧𝐥𝐞𝐬𝐬 𝐒𝐭𝐞𝐞𝐥 𝐂𝐚𝐛𝐥𝐞 𝐓𝐢𝐞𝐬 𝐌𝐚𝐫𝐤𝐞𝐭- https://www.globenewswire.com/news-release/2023/05/11/2667211/0/en/Latest-Stainless-Steel-Cable-Ties-Market-Size-is-Expected-to-Reach-US-1-1-Billion-by-2031-Rising-at-a-Market-Growth-of-5-4-CAGR-During-the-Forecast-Period-Transparency-Market-Resea.html

𝐂𝐚𝐩𝐫𝐲𝐥𝐨𝐲𝐥 𝐆𝐥𝐲𝐜𝐢𝐧𝐞 𝐌𝐚𝐫𝐤𝐞𝐭- https://www.globenewswire.com/news-release/2023/05/11/2667183/0/en/Demand-for-Capryloyl-Glycine-Market-Value-to-Reach-US-151-5-Mn-at-a-CAGR-of-8-1-2023-to-2031-TMR-Study.html

𝐀𝐛𝐨𝐮𝐭 𝐓𝐫𝐚𝐧𝐬𝐩𝐚𝐫𝐞𝐧𝐜𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡

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𝐂𝐨𝐧𝐭𝐚𝐜𝐭:

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