Market Overview:
The global used and refurbished defibrillator market is expected to register a CAGR of 7.5% during the forecast period 2018-2030. The market growth can be attributed to factors such as rising incidence of cardiac arrests, technological advancements in defibrillators, and increasing demand for refurbished medical devices. Based on type, the global used and refurbished defibrillator market is segmented into automatic external defibrillators (AEDs), implantable cardioverter defibrillators (ICDs), wearable cardioverter defibrillators (WCDs), and advanced life support (ALS). The AEDs segment is expected to account for the largest share of the global used and refurbished defibrillator market in 2018. This can be attributed to the growing demand for AEDs due to their easy operability and low cost. Based on application, the global used and refurbished Defribrillator Market is segmented into hospitals, clinics, others segments.
Product Definition:
A used or refurbished defibrillator is a device that has been previously used and then restored to its original specifications. They are important because they can provide life-saving treatment for people who have heart problems.
Automatic External Defibrillators:
The global Automatic External Defibrillators (AEDs) market size was valued at USD 605.7 million in 2015 and is expected to grow at a CAGR of XX% over the forecast period. Increasing number of deaths due to sudden cardiac arrest, rising awareness among people regarding AEDs, and growing healthcare infrastructure are some major factors driving the growth of this industry globally.
Implantable Cardioverter Defibrillators:
An implantable cardioverter defibrillators (ICD) is a medical device used to treat cardiac arrest. It consists of an internal battery source, which provides enough energy to the chamber and electrodes that are placed on the skin near the heart. The ICD monitors for any arrhythmia and automatically applies electric shocks to correct it if detected.
Application Insights:
The hospital application segment led the global market in 2017. This is attributed to factors such as presence of a large patient base requiring life-saving devices, increasing number of hospitals and cardiac centers, and rising prevalence of Cardiac Diseases (CVDs). According to WHO, it is estimated that CVDs are responsible for around 17.3 million deaths globally every year. In addition, according to the International Society on Heart Rhythm Disorders (ISHR), about 1 in 3 deaths occur due to CVDs worldwide. Thus, demand for defibrillators at hospital sites is expected to remain high over the forecast period owing to increased risk of death associated with cardiac arrest outside hospitals as well as during travel or transportation between medical facilities.
Clinic applications include primary healthcare settings along with emergency services and other public safety organizations such as fire departments.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. High adoption of advanced healthcare technologies, presence of well-developed primary and secondary care centers, and favorable government initiatives are some factors responsible for regional growth. Moreover, a high number of product approvals by the FDA for use in this region is also contributing toward market growth.
Asia Pacific is anticipated to be the fastest-growing regional segment over the forecast period owing to improving healthcare infrastructure and rising awareness about cardiac diseases & disorders among people aged 25 years and above. In addition, increasing disposable income levels in emerging economies such as India & China are expected to boost demand during future years due to growing consumer preference towards medical tourism which will lead towards an increase in demand for defibrillators used or refurbished globally over time (figure 1).
Growth Factors:
- Increasing incidence of cardiac arrests and heart failures: The increasing incidence of cardiac arrests and heart failures is one of the key growth drivers for the used and refurbished defibrillator market. According to a study by the American Heart Association, around 790,000 Americans suffer from a sudden cardiac arrest (SCA) every year, out of which only 10% survive. This high mortality rate is mainly due to the lack of timely treatment, which can be provided by a defibrillator. Thus, the increasing incidence of cardiac arrests is expected to drive demand for used and refurbished defibrillators in the coming years.
- Growing awareness about early intervention: There is growing awareness among people about early intervention for treating heart-related emergencies such as sudden cardiac arrest (SCA). This has led to an increase in demand for portable defibrillators that can be carried easily by individuals so that they can provide timely treatment in case of an emergency. This is expected to boost demand for used and refurbished defibrillators in the coming years.
- Rising number of aging population: The aging population is another key growth driver for the used and refurbished defibrillator market worldwide as this population segment is more prone to developing cardiovascular diseases such as heart failure or arrhythmia’s than younger people are .Thus, rising geriatric population will lead to increased demand for these devices in future years .
Scope Of The Report
Report Attributes
Report Details
Report Title
Used and Refurbished Defibrillator Market Research Report
By Type
Automatic External Defibrillators, Implantable Cardioverter Defibrillators, Wearable Cardioverter Defibrillator, Advanced Life Support (ALS)
By Application
Hospital, Clinic, Others
By Companies
GE Healthcare, Siemens Healthcare, Philips Healthcare, Ultra Solutions, Agito Medical, Soma Technology, Block Imaging, Whittemore Enterprises, Integrity Medical Systems, TRACO
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
201
Number of Tables & Figures
141
Customization Available
Yes, the report can be customized as per your need.
Global Used and Refurbished Defibrillator Market Report Segments:
The global Used and Refurbished 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, 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:
- GE Healthcare
- Siemens Healthcare
- Philips Healthcare
- Ultra Solutions
- Agito Medical
- Soma Technology
- Block Imaging
- Whittemore Enterprises
- Integrity Medical Systems
- TRACO
Highlights of The Used and Refurbished 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
- 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 Used and Refurbished 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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- 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
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- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A used or refurbished defibrillator is a medical device that can be used to treat cardiac arrest. It is a battery-operated machine that uses an electric shock to restart the heart.
Some of the key players operating in the used and refurbished defibrillator market are GE Healthcare, Siemens Healthcare, Philips Healthcare, Ultra Solutions, Agito Medical, Soma Technology, Block Imaging, Whittemore Enterprises, Integrity Medical Systems, TRACO.
The used and refurbished 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 Used and Refurbished 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 Used and Refurbished Defibrillator Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Used and Refurbished 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 Used and Refurbished 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 Used and Refurbished Defibrillator Market Size & Forecast, 2020-2028
4.5.1 Used and Refurbished Defibrillator Market Size and Y-o-Y Growth
4.5.2 Used and Refurbished 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 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Used and Refurbished 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 Used and Refurbished 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 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 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 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 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 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 Used and Refurbished Defibrillator Market: Competitive Dashboard
14.2 Global Used and Refurbished Defibrillator Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 GE Healthcare
14.3.2 Siemens Healthcare
14.3.3 Philips Healthcare
14.3.4 Ultra Solutions
14.3.5 Agito Medical
14.3.6 Soma Technology
14.3.7 Block Imaging
14.3.8 Whittemore Enterprises
14.3.9 Integrity Medical Systems
14.3.10 TRACO
