The Defibrillator Devices And Equipment Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2011-2022) and extends its insights into a ten-year forecast period (2024-2033).
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According to The Business Research Company’s Defibrillator Devices And Equipment Global Market Report 2024, The defibrillator devices and equipment market size has grown strongly in recent years. It will grow from $10.9 billion in 2023 to $11.97 billion in 2024 at a compound annual growth rate (CAGR) of 9.8%. The growth in the historic period can be attributed to cardiac arrest prevalence, aging population, emergency medical services (ems) integration, public awareness and training.
The defibrillator devices and equipment market size is expected to see strong growth in the next few years. It will grow to $16.83 billion in 2028 at a compound annual growth rate (CAGR) of 8.9%. The growth in the forecast period can be attributed to personalized medicine, telehealth integration, global access to healthcare, bystander intervention and public access defibrillation. Major trends in the forecast period include wearable defibrillators, next-generation aeds, subcutaneous icds (s-icds), pediatric defibrillation.
Increasing healthcare expenditure is expected to propel the growth of the defibrillator devices and equipment market going forward. Healthcare expenditure refers to the amount of money spent on healthcare goods and services, including personal health care, public health activities, health research, and health insurance programs. Healthcare expenditure can help increase the adoption of defibrillator devices in hospitals, clinics, and public access defibrillation programs. For instance, according to the National Health Expenditure Account (NHEA), published by the Centers for Medicare and Medicaid Services, a US-based federal agency, U.S. healthcare spending grew 2.7% in 2021, reaching $4.3 trillion or $12,914 per person. Thus, enhanced healthcare infrastructure is driving the growth of the defibrillator devices and equipment market.
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The defibrillator devices and equipment market covered in this report is segmented –
1) By Type: Implantable Defibrillators; External defibrillators
2) By Implantable Defibrillators: Transvenous Implantable Cardioverter Defibrillator (T-ICDs); Subcutaneous Implantable Cardioverter Defibrillator (S-ICDs); Cardiac Resynchronization Therapy- Defibrillator (CRT-D); Single & Dual Chambe
3) By External defibrillators: Manual External Defibrillator (MEDs); Automated External Defibrillator (AEDs); Wearable Cardioverter Defibrillator (WCDs)
4) By End User: Hospitals; Pre-Hospitals; Public Access Market; Alternate Care Market; Home Healthcare
The defibrillator devices and equipment market report table of contents includes:
1. Executive Summary
2. Defibrillator Devices And Equipment Market Characteristics
3. Defibrillator Devices And Equipment Market Trends And Strategies
4. Defibrillator Devices And Equipment Market – Macro Economic Scenario
5. Global Defibrillator Devices And Equipment Market Size and Growth
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26. South America Defibrillator Devices And Equipment Market
27. Brazil Defibrillator Devices And Equipment Market
28. Middle East Defibrillator Devices And Equipment Market
29. Africa Defibrillator Devices And Equipment Market
30. Defibrillator Devices And Equipment Market Competitive Landscape And Company Profiles
Top Major Players:
- Medtronic PLC
- Abbott Laboratories
- Boston Scientific Corporation
- Koninklijke Philips N.V
- ZOLL Medical Corporation
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