External Defibrillators Market Size Expected to Reach USD 3,792.2 Million by 2030 with Rising Demand for Automated External Defibrillators and Wearable Cardioverter Defibrillators

Insightace Analytics Pvt. Ltd. announces the release of a market assessment report on the "Global External Defibrillators Market- by Product (Manual & Semi-Automated External Defibrillators, Fully Automated External Defibrillators and Wearable Cardioverter Defibrillators), End-Users (Hospitals, Clinics, & Cardiac Centers, Prehospital Care Settings, Public Access Markets, Alternate Care Facilities and Home Care Settings), Trends, Industry Competition Analysis, Revenue and Forecast To 2030."

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According to the latest research by Insightace Analytics, the global External Defibrillators market was valued at US$ 3,792.2 Million in 2019. It is expected to record a CAGR of 8.9% during a forecast period of 2022-2030.

Defibrillators are critical medical devices used to deliver therapeutic shocks to the heart in life-threatening conditions such as cardiac arrhythmia, ventricular fibrillation, and pulseless ventricular tachycardia. The defibrillation process involves administering an electric shock to the heart to depolarize cardiac muscles and restore normal electrical activity. External defibrillators, which use paddles or electrode pads to deliver these shocks, are essential for correcting irregular heart rhythms in cases of sudden cardiac arrest (SCA).

The growth of the external defibrillator market is driven by the increased focus on public access defibrillators (PAD) by both public and private organizations. Market expansion is further supported by the rising number of key industry players developing advanced defibrillator devices, a rapidly growing geriatric population at higher risk of cardiac arrest, and the increasing prevalence of cardiovascular diseases. The surge in SCA cases and the adoption of technologically advanced defibrillators are significant factors fueling market growth. Additionally, the increasing installation of defibrillators in public spaces such as offices, schools, shopping malls, grocery stores, and airports, coupled with global training and awareness initiatives, is accelerating market demand. The development of next-generation external defibrillators with enhanced safety and efficacy is expected to create lucrative market opportunities.

North America is expected to hold a substantial share of the external defibrillator market over the forecast period, driven by the increased installation of these devices in hospitals and public areas such as hotels, schools, railway stations, and highways. Meanwhile, the Asia-Pacific market is projected to grow significantly due to the rising incidence of cardiovascular diseases, increasing disposable incomes in developing countries like China and India, higher healthcare spending, and recent advancements in medical infrastructure.

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Major market players operating in the External Defibrillators market include
A.M.I. ITALIA , Bexen Cardio, BPL Medical Technologies, Cardia International B.V., Cardiac Science Corporation, Concern AXION Ltd., Defibtech, LLC, E & M Electromedicine, Koninklijke Philips N.V., BIOTRONIK SE & Co. KG, Nihon Kohden Corporation, SCHILLER AG, Stryker Corporation, Shenzhen Mindray Bio-Medical Electronics Co. Ltd., ZOLL Medical Corporation, Mediana Co. Ltd., PRIMEDIA (Metrax GmbH), Promed, Opto Circuits India Ltd., CU Medical System Inc., Shenzhen XFT Medical Limited and List of Other Prominent Player.

Recent collaborations and agreements in the market:
• In April 2021, lAsahi Kasei firm ZOLL Medical Corporation acquired Respicardia, Inc., a manufacturer of implantable neurostimulators to treat moderate to severe central sleep apnea (CSA). A serious CSA condition is frequently accompanied by heart failure, coronary artery disease, and certain cardiac arrhythmias.
• In June 2020, The Center for Devices and Radiological Health (CDRH) of the United States Food and Drug Administration granted pre-market approval for Philips' HeartStart FR3 and HeartStart FRx automated external defibrillators (AEDs). Philips is a global leader in health technology (FDA).

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Market Segments
Global External Defibrillators Market, by Product, 2022-2030 (Value US$ Mn)
• Manual & Semi-Automated External Defibrillators
• Fully Automated External Defibrillators
• Wearable Cardioverter Defibrillators
Global External Defibrillators Market, by End-User, 2022-2030 (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, 2022-2030 (Value US$ Mn)
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa
North America External Defibrillators Market, by Country, 2022-2030 (Value US$ Mn)
• U.S.
• Canada
Europe External Defibrillators Market, by Country, 2022-2030 (Value US$ Mn)
• Germany
• France
• Italy
• Spain
• Russia
• Rest of Europe
Asia Pacific External Defibrillators Market, by Country, 2022-2030 (Value US$ Mn)
• India
• China
• Japan
• South Korea
• Australia & New Zealand
Latin America External Defibrillators Market, by Country, 2022-2030 (Value US$ Mn)
• Brazil
• Mexico
• Rest of Latin America
Middle East & Africa External Defibrillators Market, by Country, 2022-2030 (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 in the External Defibrillators market
 To analyze the External Defibrillators market drivers and challenges
 To get information on the External Defibrillators market value (US$Mn) forecast to 2030
 Significant investments, mergers & acquisitions in the External Defibrillators market industry

About Us:
InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions. Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses. We help clients gain competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets and repositioning products. Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis with key market insights in a timely and cost-effective manner.

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