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Global Defibrillators Market Size, Share, Growth Insights and Report 2024-2031 | Abbott, Medtronic, ZOLL Medical Corporation, and Biotronik
Defibrillators Market - DataM Intelligence
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The Defibrillators market report majorly focuses on market trends, historical growth rates, technologies, and the changing investment structure. Additionally, the report shows the latest market insights, increasing growth opportunities, business strategies, and growth plans adopted by major players. Moreover, it contains an analysis of current market dynamics, future developments, and Porter's Five Forces Analysis.
Defibrillators are medical devices that use a regulated electric shock to restore normal heart rhythm in people suffering from life-threatening cardiac arrhythmias such as ventricular fibrillation or pulseless ventricular tachycardia. They are available in a variety of forms, including Automated External Defibrillators (AEDs), which are user-friendly and commonly found in public places; Implantable Cardioverter Defibrillators (ICDs), which are surgically implanted inside the body to automatically monitor and correct abnormal heart rhythms; and manual defibrillators, which are used by healthcare professionals for precise control. Defibrillators are critical in emergency settings, dramatically increasing survival rates in cases of abrupt cardiac arrest.
Key Developments:
In May 2024, London Hearts, a leading defibrillator charity in the UK, announced the launch of a new scheme aimed at making defibrillators more accessible and affordable to communities across the country. The charity provides funding through grants to help organizations and communities acquire these life-saving devices. The scheme is a significant step towards making defibrillators more affordable and widely available throughout the UK.
In October 2023, MicroPort CRM announced the launch of the ULYS Implantable Cardioverter Defibrillator (ICDs) and INVICTA defibrillation lead in Japan. Both devices are MRI conditional at 1.5T and 3T when implanted as a system. This advanced technology ensures low current consumption, leading to a predicted lifespan that is up to 8 years longer than other ICD devices. Additionally, the ULYS incorporates the PARAD+ arrhythmia discrimination algorithm, which has been clinically proven to have the lowest rate of inappropriate shocks.
Forecast Growth Projected:
Global Defibrillators Market reached US$ 12.88 billion in 2023 and is expected to reach US$ 22.29 billion by 2031 growing with a CAGR of 7.1%% during the forecast period 2024-2031.
List of the Key Players in the Defibrillators Market: Medtronic, Boston Scientific Corporation, Abbott, Koninklijke Philips N.V., Stryker, NIHON KOHDEN CORPORATION, Mindray Medical India Pvt. Ltd., MicroPort Scientific Corporation., ZOLL Medical Corporation, and Biotronik.
Segment Covered in the Defibrillators Market:
By Product Type - Implantable Cardioverter Defibrillators (ICDs), External Defibrillators
By Age Group - Pediatrics, Adults
By End-User - Hospitals, Cardiac Centers, Homecare Settings, Others
Regional Analysis:
The global Defibrillators Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa.
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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 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 Defibrillators Market report also provides fundamental details such as raw material sources, distribution networks, methodologies, production capacities, industry supply chain, and product specifications.
Chapter Outline:
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: key insights, key emerging trends, etc.
Chapter 3: Manufacturers competitive analysis, detailed analysis of Defibrillators manufacturers competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 5 & 6: Revenue of Defibrillators in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 7: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 8: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: The main points and conclusions of the report.
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FAQs
How big is the Defibrillators Market?
The Defibrillators Market size was USD $$$ 2023. It is expected to reach USD $$$ 2031.
How fast is the Defibrillators Market growing?
The Defibrillators Market will exhibit a CAGR of %%% during the forecast period, 2024-2031.
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