Market Overview:
The global medical defibrillator market is expected to grow at a CAGR of 7.5% from 2018 to 2030. The growth in the market can be attributed to the increasing incidence of cardiac disorders, technological advancements in medical devices, and rising demand for minimally invasive procedures. Based on type, the global medical defibrillator market is segmented into automatic external defibrillators (AEDs), implantable cardioverter defibrillators (ICDs), and wearable cardioverter defibrillators (WCDs). The AEDs segment is expected to account for the largest share of the global medical defibrillator market in 2018. This can be attributed to their easy-to-use features and low cost as compared to other types ofdefibrillation devices.
Product Definition:
A medical defibrillator is a device that delivers an electric shock to the heart in order to restart it. The shock can help to improve the heart's rhythm and prevent sudden cardiac death.
Automatic External Defibrillators:
Automatic external defibrillators, AEDs are devices used to provide cardiopulmonary resuscitation (CPR) and aid in the delivery of automated electric shocks to the heart during cardiac arrest. The device works by detecting sudden cardiac arrest and automatically delivering a series of shocks through electrodes placed on the body.
Implantable Cardioverter Defibrillators:
An implantable cardioverter defibrillators (ICD) is a medical device used to prevent sudden cardiac deaths. It works by detecting heartbeats that are too slow or absent and then using an electric shock to jumpstart the heart.
Application Insights:
The global medical defibrillator market has been segmented into hospital, clinic, home healthcare and others. The hospital segment dominated the overall application market in 2017 due to factors such as high patient admissions rates and an increase in the prevalence of cardiac arrest cases. According to data published by WHO, out of all deaths caused by Cardiac Arrest (CA), approximately 78% occur outside hospitals while only 22% occur inside hospitals. Thus, a major chunk of patients suffering from cardiac arrest are treated on an outpatient basis which leads to low usage rate of these devices at home compared with other places such as clinics or hospitals.
However, the Clinic/Hospital-based DEFIB device is expected to be the fastest growing segment over the forecast period owing to increasing awareness about early treatment among patients suffering from life-threatening conditions such as heart attack or stroke resulting in increased demand for these devices across clinics and Hospitals worldwide.
Regional Analysis:
North America dominated the global market in 2017. High adoption of advanced medical devices, favorable government initiatives, and high incidence of sudden cardiac arrests are some major factors responsible for its growth. Moreover, presence of highly developed healthcare infrastructure and high patient awareness levels coupled with relatively higher healthcare expenditure levels in this region also contribute to its large share.
Asia Pacific is expected to witness lucrative growth over the forecast period owing to increasing cases of cardiac arrest and growing target population base especially in India & China as well as other countries such as Australia & Singapore that have a high rate of Sudden Cardiac Death (SCD). Furthermore, rapidly improving healthcare infrastructure along with rising number private sector players investing in this space will drive the demand further.
Growth Factors:
- Increasing incidence of heart diseases and cardiac arrests: The global prevalence of heart diseases is increasing at an alarming rate. According to the World Health Organization (WHO), cardiovascular diseases are the leading cause of death worldwide, accounting for 17.3 million deaths in 2015. This number is projected to increase to 23.6 million by 2030. Cardiac arrests occur due to various reasons such as coronary artery disease, myocardial infarction, congestive heart failure, and arrhythmia among others. The increasing incidence of these conditions will drive the demand for medical defibrillators in the coming years
- Technological advancements: Medical defibrillator technology is constantly evolving with new features being added regularly. This has led to increased adoption rates among healthcare providers as well as patients alike In addition, miniaturization of devices has made them more portable and easier to use in a variety of settings such as homes and workplaces
Scope Of The Report
Report Attributes
Report Details
Report Title
Medical Defibrillator Market Research Report
By Type
Automatic External Defibrillators, Implantable Cardioverter Defibrillators, Wearable Cardioverter Defibrillator, Advanced Life Support (ALS)
By Application
Hospital, Clinic, Home Healthcare, Others
By Companies
Medtronic, Abbot, Boston Scientific, Biotronik, Physio-Control, Nihon Kohden Corporation, Zoll Medical, Cardiac Science, Philips Healthcare, PRIMEDIC, Schiller, Sorin Group, HeartSine Technologies, Defibtech
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
190
Number of Tables & Figures
133
Customization Available
Yes, the report can be customized as per your need.
Global Medical Defibrillator Market Report Segments:
The global Medical Defibrillator market is segmented on the basis of:
Types
Automatic External Defibrillators, Implantable Cardioverter Defibrillators, Wearable Cardioverter Defibrillator, Advanced Life Support (ALS)
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospital, Clinic, Home Healthcare, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Medtronic
- Abbot
- Boston Scientific
- Biotronik
- Physio-Control
- Nihon Kohden Corporation
- Zoll Medical
- Cardiac Science
- Philips Healthcare
- PRIMEDIC
- Schiller
- Sorin Group
- HeartSine Technologies
- Defibtech
Highlights of The Medical Defibrillator Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Automatic External Defibrillators
- Implantable Cardioverter Defibrillators
- Wearable Cardioverter Defibrillator
- Advanced Life Support (ALS)
- By Application:
- Hospital
- Clinic
- Home Healthcare
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Medical Defibrillator Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A medical defibrillator is a device that can be used to restore normal heart rhythm.
Some of the major players in the medical defibrillator market are Medtronic, Abbot, Boston Scientific, Biotronik, Physio-Control, Nihon Kohden Corporation, Zoll Medical, Cardiac Science, Philips Healthcare, PRIMEDIC, Schiller, Sorin Group, HeartSine Technologies, Defibtech.
The medical defibrillator market is expected to register a CAGR of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Medical Defibrillator Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Medical Defibrillator Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Medical Defibrillator Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Medical Defibrillator Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Medical Defibrillator Market Size & Forecast, 2020-2028
4.5.1 Medical Defibrillator Market Size and Y-o-Y Growth
4.5.2 Medical Defibrillator Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Automatic External Defibrillators
5.2.2 Implantable Cardioverter Defibrillators
5.2.3 Wearable Cardioverter Defibrillator
5.2.4 Advanced Life Support (ALS)
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Hospital
6.2.2 Clinic
6.2.3 Home Healthcare
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Medical Defibrillator Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Medical Defibrillator Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Automatic External Defibrillators
9.6.2 Implantable Cardioverter Defibrillators
9.6.3 Wearable Cardioverter Defibrillator
9.6.4 Advanced Life Support (ALS)
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Hospital
9.10.2 Clinic
9.10.3 Home Healthcare
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Automatic External Defibrillators
10.6.2 Implantable Cardioverter Defibrillators
10.6.3 Wearable Cardioverter Defibrillator
10.6.4 Advanced Life Support (ALS)
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Hospital
10.10.2 Clinic
10.10.3 Home Healthcare
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Automatic External Defibrillators
11.6.2 Implantable Cardioverter Defibrillators
11.6.3 Wearable Cardioverter Defibrillator
11.6.4 Advanced Life Support (ALS)
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Hospital
11.10.2 Clinic
11.10.3 Home Healthcare
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Automatic External Defibrillators
12.6.2 Implantable Cardioverter Defibrillators
12.6.3 Wearable Cardioverter Defibrillator
12.6.4 Advanced Life Support (ALS)
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Hospital
12.10.2 Clinic
12.10.3 Home Healthcare
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Automatic External Defibrillators
13.6.2 Implantable Cardioverter Defibrillators
13.6.3 Wearable Cardioverter Defibrillator
13.6.4 Advanced Life Support (ALS)
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Hospital
13.10.2 Clinic
13.10.3 Home Healthcare
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Medical Defibrillator Market: Competitive Dashboard
14.2 Global Medical Defibrillator Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Medtronic
14.3.2 Abbot
14.3.3 Boston Scientific
14.3.4 Biotronik
14.3.5 Physio-Control
14.3.6 Nihon Kohden Corporation
14.3.7 Zoll Medical
14.3.8 Cardiac Science
14.3.9 Philips Healthcare
14.3.10 PRIMEDIC
14.3.11 Schiller
14.3.12 Sorin Group
14.3.13 HeartSine Technologies
14.3.14 Defibtech
