Defibrillator Market by Product (Implantable Cardioverter Defibrillator and External Defibrillator), End Users (Hospitals, Clinics, & Cardiac Centers; Pre-Hospital Care Settings; and Home Care Settings) - Analysis & Forecast 2019-2030

Report ID : 197  |  Published Date : May 2020  |  Pages : 230  |  Region : Global  |  Report Code : MD-61





Defibrillator Market Overview and Introduction

Defibrillator is a life-saving device used to deliver a therapeutic shock to patient’s heart in life-threatening conditions such as cardiac arrhythmia, ventricular fibrillation, and pulseless ventricular tachycardia. The defibrillation procedure consists of delivering an electric shock to the patient’s heart, which depolarizes heart muscles and restores normal electric impulse.

The global defibrillator market is mainly driven by increasing incidences & prevalence of cardiac disorders, growing focus on providing public-access defibrillators and technological advancements in defibrillators. Moreover, training & awareness programs on defibrillators also play a pivotal role in contributing to market growth globally. However, issues related to the use of implantable & automated external defibrillators and frequent product recalls are likely to restrain market growth to a certain extent.

The global defibrillator market can be segmented into product, end users, and regions.

Defibrillator Market By Product

Based on product, the market is segmented into implantable cardioverter defibrillators (ICDs) and external defibrillators. Implantable cardioverter defibrillators (ICDs) are further classified as subcutaneous implantable cardioverter defibrillators (S-ICDs) and transvenous implantable cardioverter defibrillators (T-ICDs). Whereas, external defibrillator are further classified as manual external defibrillators, wearable cardioverter defibrillators (WCDs) and automated external defibrillators (AEDs). The implantable cardioverter defibrillators (ICDs) segment is expected to dominate the defibrillator market during the forecast period. The segment growth can be attributed to the increase in technologically advanced devices that offer prolonged durability and increase in the implant procedures

Defibrillator Market by End User

Based on end user, the market can be segmented into hospitals, clinics, & cardiac centers; pre-hospital care settings; home care settings and others. The hospitals, clinics, & cardiac centers segment is expected to dominate the defibrillator market during the forecast period owing to growing number of cardiac implant procedures across the globe and the availability of reimbursements across developed economies.

Defibrillator Market by Region

Based on region, the global defibrillator market can be segmented into North America, Europe, Asia Pacific, and the Rest of the World (ROW). North America dominated the defibrillator market, followed by Europe. The growth in North America can be attributed to the technological advancements in defibrillators, advanced healthcare infrastructure and rising public defibrillation programs in the region

Defibrillator Market Prominent Players

Some of the prominent players in the Defibrillator market include Boston Scientific Corporation, Koninklijke Philips N.V, ZOLL Medical Corporation, SCHILLER, Shenzhen Mindray Bio-Medical Electronics Co., Ltd., Medtronic, NIHON KOHDEN CORPORATION., Physio-Control, Inc., METsis Medikal Ltd.,  Metrax GmbH, among others.