Defibrillator Devices And Equipment Market Analysis 2024 -2033: Forecasted Market Size, Top Segments, And Largest Region | Medtronic plc, Abbott Laboratories, Boston Scientific Corporation, Koninklijke Philips N.V, ZOLL Medical Corporation, Cardiac Scienc

The Business Research Company has updated its global market reports, featuring the latest data for 2024 and projections up to 2033

The Business Research Company offers in-depth market insights through Defibrillator Devices And Equipment Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.

Market Size And Growth Forecast:
The defibrillator devices and equipment market size has grown strongly in recent years. It will grow from $10.9 billion in 2023 to $11.97 billion in 2024 at a compound annual growth rate (CAGR) of 9.8%. The growth in the historic period can be attributed to cardiac arrest prevalence, aging population, emergency medical services (ems) integration, public awareness and training.

The defibrillator devices and equipment market size is expected to see strong growth in the next few years. It will grow to $16.83 billion in 2028 at a compound annual growth rate (CAGR) of 8.9%. The growth in the forecast period can be attributed to personalized medicine, telehealth integration, global access to healthcare, bystander intervention and public access defibrillation. Major trends in the forecast period include wearable defibrillators, next-generation aeds, subcutaneous icds (s-icds), pediatric defibrillation.

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Market Segmentation:
The main types of defibrillator devices and equipment are implantable defibrillators and external defibrillators. Implantable defibrillators are small, battery-powered devices placed in the body for the purpose of detecting and stopping irregular heartbeats. The implantable defibrillators are transvenous implantable cardioverter-defibrillator (T-ICDS), subcutaneous implantable cardioverter-defibrillator (S-ICDS), cardiac resynchronization therapy-defibrillator (CRT-D), single & dual chamber. The external defibrillators are manual external defibrillators (MEDs), automated external defibrillators (AEDs), and wearable cardioverter defibrillators (WCDs). The various end-users are hospitals, pre-hospitals, the public access market, the alternate care market, and home healthcare.

Major Driver - Increasing Healthcare Expenditure Boosts The Defibrillator Devices And Equipment Market
Increasing healthcare expenditure is expected to propel the growth of the defibrillator devices and equipment market going forward. Healthcare expenditure refers to the amount of money spent on healthcare goods and services, including personal health care, public health activities, health research, and health insurance programs. Healthcare expenditure can help increase the adoption of defibrillator devices in hospitals, clinics, and public access defibrillation programs. For instance, according to the National Health Expenditure Account (NHEA), published by the Centers for Medicare and Medicaid Services, a US-based federal agency, U.S. healthcare spending grew 2.7% in 2021, reaching $4.3 trillion or $12,914 per person. Thus, enhanced healthcare infrastructure is driving the growth of the defibrillator devices and equipment market.

Competitive Landscape:
Major companies operating in the defibrillator devices and equipment market include Medtronic plc, Abbott Laboratories, Boston Scientific Corporation, Koninklijke Philips N.V, ZOLL Medical Corporation, Cardiac Science Corporation, Physio-Control Inc., Nihon Kohden Corporation, Defibtech LLC, Schiller AG, Biotronik Inc., LivaNova plc, HeartSine Technologies LLC, Mindray Medical International Limited, Metrax Engineering Ltd., CU Medical Systems Inc., Fukuda Denshi Co. Ltd., GE Healthcare, Innomed Technologies Inc., Progetti Srl, Stryker Corporation, Welch Allyn Inc., Weinmann Emergency Medical Technology GmbH + Co. KG, Bexen Cardio, GCE Group, Lepu Medical Technology (Beijing) Co. Ltd., Shenzhen XFT Medical Limited, Zhejiang Medtec Medical Devices Co. Ltd.

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Top Trend - Avive Aed Redefines The Defibrillator Devices And Equipment Market
Major companies operating in the defibrillator devices and equipment market are developing innovative products such as Avive AED to improve survival rates. Avive AED is the lightest and smallest FDA-approved AED available, built for accessibility, portability, and durability. For instance, in January 2023, Avive Solutions Inc., a US-based portable defibrillator manufacturer received the U.S. Food and Drug Administration (FDA) pre-market approval (PMA) for an Automated External Defibrillator (AED). The Avive Connect AED is designed for easy placement in a variety of locations, optimized for maximum connectivity, and extensively tested for ease of use. The device combines cellular and WiFi connectivity, GPS technology, remote maintenance, and extreme portability in a handheld AED.

The Table Of Content For The Market Report Include:
1. Executive Summary
2. Defibrillator Devices And Equipment Market Characteristics
3. Defibrillator Devices And Equipment Market Trends And Strategies
4. Defibrillator Devices And Equipment Market - Macro Economic Scenario
5. Defibrillator Devices And Equipment Market Size And Growth
…..
27. Defibrillator Devices And Equipment Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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