Global defibrillators market is registering a substantial CAGR of 5.80% in the forecast period of 2019-2026. This rise in the market value can be attributed to the rising preferences for automated external defibrillators in prehospital settings.
The market analysis of defibrillators market report provides an examination of various market segments that are supposed to witness the fastest development amid the estimated forecast frame. A comprehensive market research has been conducted in this report which puts a light on the challenges, market structures, opportunities, driving forces, scope, and competitive landscape for your business. The best tools have been adopted to generate this report which is SWOT analysis and Porter’s Five Forces analysis. This market report is truly a key to achieve the new horizon of success. Defibrillators is a professional and exhaustive report which focuses on primary and secondary drivers, market share, leading segments and geographical analysis.
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Few of the major market competitors currently working in the global defibrillators market are Medtronic, Abbott, Boston Scientific Corporation, Koninklijke Philips N.V., ZOLL Medical Corporation, Biotronik, Inc., Physio-Control, Inc., Cardiac Science Corporation, LivaNova PLC, NIHON KOHDEN CORPORATION, SCHILLER, Mindray DS USA, Inc., Medina, METRAX GmbH, FUKUDA DENSHI, Progetti srl, HeartSine Technologies LLC, Defibtech, LLC, Asahi Kasei Corporation, Stryker among others.
Key Developments in the Market:
- In April 2019, BIOTRONIK introduced Acticor DX and CRT-DX Defibrillators. The latest implantable cardioverter defibrillators (ICDs) and cardiac resynchronization treatment defibrillators (CRT-Ds) are now being treated by electrophysiologists across the United States. This advancement in technology will help the company to increase its revenue.
- In April 2019, Stryker introduced LIFEPAK CR2 Defibrillator with LIFELINKcentral AED Program Manager in the U.S. The firm announced that the FDA has obtained Premarket Approval (PMA) from the LIFEPAK CR2 Automated External Defibrillator (AED). This allowance to the company by FDA will help as an expansion of its product portfolio.
Competitive Analysis:
Global defibrillators market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of defibrillators market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
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Market Drivers
- Increasing cardiac diseases, are driving the growth of the market
- Rising geriatric population, is helping to grow the market
- Advancement in defibrillators technologies, owing the growth of the market
- Rising awareness among people regarding public-access defibrillators, drives the growth of the market
Market Restraints
- Demand for drugs over defibrillators, hinders the growth of the market
- Lack of information about cardiac arrest, is restraining the growth of this market.
- High prices of the devices, restrict the market growth
Segmentation: Global Defibrillators Market
By Product
- Implantable Cardioverter Defibrillators
- Transvenous Implantable Cardioverter Defibrillators
- Biventricular ICDS/Cardiac Resynchronization Therapy Defibrillators
- Dual-Chamber ICDS
- Single-Chamber ICDs
- Subcutaneous Implantable Cardioverter Defibrillators
- Transvenous Implantable Cardioverter Defibrillators
- External Defibrillators
- Automated External Defibrillators
- Semi-Automated External Defibrillators
- Fully Automated External Defibrillators
- Manual External Defibrillators
- Wearable Cardioverter Defibrillators
- Automated External Defibrillators
By End User
- Hospitals, Clinics, and Cardiac Centers
- Pre-Hospital Care Settings
- Public Access Markets
- Home Care Settings
- Alternate Care Facilities
By Geography
- North Americ
- South America
- Europe
- Asia-Pacific
- Middle East & Africa
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