Global Defibrillators market to reach USD 14.24 billion by 2021 | Market Data Forecast

The Global Defibrillators market size was around USD 10.01 billion in 2016. It is expected to grow at a CAGR of 7.3% to reach USD 14.24 billion by 2021. Defibrillator is a vital tool in cardiopulmonary resuscitation indicated in cardiac arrhythmia.

Growing incidences of cardiovascular diseases worldwide, augmenting geriatric population, growing number of training and awareness programs are the primary causes driving the growth of this market.

But still, issues related to the use of implantable and external defibrillators along with lack of awareness on sudden cardiac arrests (SCAs) can hinder the growth of this market. Frequent product recalls coupled with growing pricing pressure on market players also inhibit market growth to a certain extent.

View Full Report @ http://www.marketdataforecast.com/market-reports/global-defibrillators-market-implantable-cardioverter-defibrillator-market-3141/

The global Defibrillators market can be categorized into two categories: by product, and by end user. If we go by product, Defibrillators market is segmented into Implantable Cardioverter Defibrillators (ICDS) and External Defibrillators. Implantable Cardioverter Defibrillators (ICDS) is further segmented into Transvenous Implantable Cardioverter Defibrillators (T-ICDS) (Biventricular ICDS/Cardiac Resynchronization Therapy Defibrillators (CRT-DS), Dual-Chamber ICDS and Single-Chamber ICDS) and Subcutaneous Implantable Cardioverter Defibrillators (S-ICDS). External Defibrillators is further categorized into Automated External Defibrillators (AEDS) (Semi-Automated External Defibrillators and Fully Automated External Defibrillators), Manual External Defibrillators and Wearable Cardioverter Defibrillators (WCDS). Last but not the least, on the basis of end users the market is segmented into Hospitals, Clinics, & Cardiac Centres, Pre-Hospitals, Public Access Markets and Home Care.

Get Free Sample Report @ http://www.marketdataforecast.com/market-reports/global-defibrillators-market-implantable-cardioverter-defibrillator-market-3141/request-sample

By geography, the global Defibrillators market has been categorized into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Presently, North America accounts for the largest market share while Asia Pacific has the highest CAGR.

Inquire before buying @ http://www.marketdataforecast.com/market-reports/global-defibrillators-market-implantable-cardioverter-defibrillator-market-3141/inquire

Major companies in the Defibrillators market are Medtronic PLC (Ireland), St. Jude Medical, Inc. (U.S.), Boston Scientific Corporation (U.S.), BIOTRONIK SE & Co. KG (Germany), LivaNova PLC (U.K.), Koninklijke Philips N.V. (Netherlands), ZOLL Medical Corporation (U.S.), Cardiac Science Corporation (U.S.), Physio-Control, Inc. (U.S.), and Nihon Kohden Corporation (Japan).

About Market Data Forecast:
Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, they cater to the needs of both individual and corporate clients. From all-encompassing umbrella markets to extremely specific niche markets covering all the major regions across the globe as part of the research scope, their research services offer one of a kind specialities with competitive pricing options. For more information, kindly visit, www.marketdataforecast.com.

Plot # 127 & 128, 2nd Floor Lake View Plaza,
Amar Co-operative Society, Kavuri Hills,
Madhapur, Hyderabad - 500081.

This release was published on openPR.