Defibrillators market growth and size factors are revealed.


Posted March 9, 2018 by Mounika09

Defibrillators market size is expected to reach USD 14.24 Billion by 2022 at a CAGR of 7.3% from an expected value of 10 Billion in 2017.

 
Market Data Forecast has announced the addition of " Defibrillators Market by Product (Implantable Cardioverter Defibrillator (Transvenous ICD, Single & Dual Chamber, CRT-D, S-ICD) and External (Manual, AED, Wearable)), End User (Hospital, Prehospital, Public Access, Home) and by Region - Industry Analysis, Size, Share, Growth, Trends, and Forecasts (2017–2022)" to their offering.


A Defibrillator is used to treat cardiovascular diseases like Ventricular Fibrillation and Non-Perfusing Ventricular Tachycardia by sending an electric shock wave to heart and thereby stopping Dysrhythmias through depolarization. Defibrillators market size is expected to reach USD 14.24 Billion by 2022 at a CAGR of 7.3% from an expected value of 10 Billion in 2017.


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Defibrillators Market: Drivers and Challenges

Some of the major factors driving this market are increasing elderly population, rising cases of cardiovascular diseases and growing awareness towards the treatments available for cardiovascular diseases. However, high price and lack of awareness towards Defibrillators among people are some of the factors that are hindering the market growth.

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Regional Overview

North America is dominating the global market currently owing to the presence of several key players. Asia-Pacific with its increasing geriatric population is expected to record a high CAGR in the forecast period.

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Some of the major players in this market include Medtronic PLC, St. Jude Medical, Inc., Boston Scientific Corporation, BIOTRONIK SE & Co. KG, LivaNova PLC, Koninklijke Philips N.V., ZOLL Medical Corporation, Cardiac Science Corporation, Physio-Control Inc., and Nihon Kohden Corporation.

Scope of the report

The report offers a comprehensive analysis of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in effecting the market dynamics and trends are discussed in detail at the product level. Further, the performance of the market at the regional and country-level is assessed and the prospects with high growth potential are identified and debated.

The key players in the industry are profiled providing insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategical activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry are provided. The report also offers a broad outlook of the market along with recommendations from industry experts on the opportunities for investment activity.

What else? Apart from the syndicated report, our in-house team has an expertise and experience in designing custom reports to meet your specific research needs and assist you in making well-informed decisions.

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Tags Global Defibrillators Market , crt-d market , s-icd market , AED Market
Last Updated March 9, 2018