Defibrillators Market Statistical Forecast, Trade Analysis 2024 - 2031 - Boston Scientific Corporation, Philips Healthcare, Medtronic plc

The Global Defibrillators Market is projected to experience significant growth at a high compound annual growth rate (CAGR) during the forecast period from 2024 to 2031. A defibrillator is a device that delivers a controlled electric shock to the heart to restore a normal rhythm when the heartbeat is irregular or disrupted.

Defibrillators are used to restore a normal heart rhythm in cases of cardiac arrhythmia, ventricular fibrillation, and pulseless ventricular tachycardia.

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Market Dynamics:

The rise in cases of atrial fibrillation (AFib) is a key driver of growth in the global defibrillators market. According to the National Health Service, heart rhythm disorders are affecting over 2 million people annually in the UK, with around 30,000 patients experiencing strokes related to atrial fibrillation each year.

In the U.S., the Centers for Disease Control and Prevention (CDC) reports that approximately 2% of individuals under 65 and 9% of those aged 65 and older have AFib, totaling about 2.7 to 6.1 million people. With an aging population, this number is expected to rise. The risk of AFib increases with age, and high blood pressure, which also rises with age, accounts for 14% to 22% of AFib cases. AFib leads to over 750,000 hospitalizations annually and contributes to approximately 130,000 deaths each year.

Market Segmentation

By implantable: cardioverter defibrillators, and external defibrillators

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Major Key players

• Boston Scientific Corporation
• Philips Healthcare
• Medtronic plc
• Biotronik, Inc.
• Cardiac Science Corporation
• vanova PLC
• Mindray Medical
• ZOLL Medical Corporation
• Bexen Cardio
• Cardioline SpA.

*Note:

Additionally, I wanted to highlight that the full version of the report includes an in-depth analysis of emerging players and startups, which will provide valuable insights into the evolving market landscape and key strategies being adopted.

Regional Analysis

The global Defibrillators Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa.

The global Defibrillators Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. The report offers detailed insight into new product launches, new technology evolutions, innovative services, and ongoing R&D. The report discusses a qualitative and quantitative market analysis, including PEST analysis, SWOT analysis, and Porter's five force analysis. The Silicone Pin Mat Market report also provides fundamental details such as raw material sources, distribution networks, methodologies, production capacities, industry supply chain, and product specifications.

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