Defibrillators Market OverviewDefibrillators are important medical devices that are widely used in hospitals and healthcare centers for the treatment of complex cardiac diseases. It is used to send electric shocks to the heart muscles to regulate the proper movement of these muscles. This technique is extensively used for the treatment of cardiac dysrhythmias, a life-threatening disease, and many other problems relating to the heart. In addition, Sudden cardiac arrests are the leading causes of death across the world. So, defibrillators are readily available in hospitals to reduce cardiac arrests. Considering all the above-mentioned factors, the demand for defibrillators has been rising at a healthy rate over the forecast period.
Furthermore, the growing incidence of cardiovascular diseases and the rising geriatric population are few significant factors expected to boost the market growth in the coming years. According to WHO, cardiovascular diseases are one of the major reasons for death across the world. In 2015, 17.7 million death happened due to cardiovascular diseases (CVDs). In addition, in low- and middle-income countries two-third of CVD-related death are reported. Hence, to control the number of CVD-related deaths, demand for defibrillators is increasing globally.
However, strict rules and regulations for use of defibrillators and the high cost of these devices are hampering the growth market. For example, in 2015, the U.S. FDA ordered PMA approval for existing and new automated external defibrillators. But, technological improvements in the device and increasing investment from private players are enhancing the growth of the defibrillators market in forthcoming years.
Defibrillators Market Segment OverviewThe defibrillators have maximum demand in the hospitals. This is due to the higher ICD implantation in hospitals. The installation of defibrillators in business workplaces is expected to improve the scenarios of market growth. In addition, wearable defibrillators have commendable demand within the market in recent times. Also, the use of defibrillators in treating medical conditions such as cardiac arrhythmias and pulseless ventricular tachycardia is expected to support the growth of the defibrillators market.
Defibrillators Regional OverviewNorth America dominated the defibrillator market in terms of revenue share in 2020. Owing to the presence of several companies especially in the U.S. Europe is expected to be the second-largest market for defibrillators due to growing cardiovascular cases. Additionally, The Asia Pacific is expected to witness noteworthy growth owing to the presence of rapidly growing economies such as India and China. Japan has a high penetration of defibrillators, which further boosts the market growth. Also, Latin America and the Middle East, and Africa are considered the largest markets for medical devices, which boosts the market growth in the region.
Defibrillators Market Competitor overviewDefibrillators are a highly fragmented market with the presence of many prominent players. The players are also focused on R&D to advance product quality and manufacturing safer devices for patient compliance and safety. Companies are engrossed in collaborations, mergers & acquisitions to improve the market share.
· In August 2019, Philips introduces HeartStart Intrepid Monitor/Defibrillator with IntelliSpace Connect.
· In January 2017, Abbott Laboratories has formally completed its $25 billion acquisition of St. Jude Medical to add a chronic pain management business and significantly bolster its cardiovascular device offerings.
· March 16, 2016, Boston Scientific Corporation and Mayo Clinic announced a continuing collaboration where the two organizations share intellectual property and stimulate the rapid development of medical devices to address unmet clinical needs.
Defibrillators Market, Key Players· Defibtech LLC
· Boston Scientific Corporation
· Zoll Medical Corporation
· GE Healthcare Ltd.
· Medtronic, Inc.
· HeartSine Technologies Inc.
· St. Jude Medical Inc.
· Koninklijke Philips N.V.
· BIOTRONIK
· Nihon Kohden
· MicroPort
· Mediana
· CU Medical Systems
· Mindray Medical
· Physio-Control
· Laerdal
· BPL Medical Technologies
· SCHILLER AG
· Cardioline SpA
· Progetti Medical Equipment Solutions
· METsis Medikal
Defibrillators Market SegmentationDefibrillators Market, By Type
· Implantable Cardioverter Defibrillators (ICDs)
· Automated External Defibrillators
· Wearable Defibrillators
Defibrillators Market, By End User
· Hospitals and Clinics
· Schools and other Public Places
Defibrillators market, By Region
- North America
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- Japan
- China
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East and Africa
- GCC
- South Africa
- Rest of Middle East and Africa
List of Figures
Figure 1: Global Defibrillators Market Revenue Breakdown (USD Billion, %) by Region, 2019 & 2027
Figure 2: Global Defibrillators Market Value Share (%), By Segment 1, 2019 & 2027
Figure 3: Global Defibrillators Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 4: Global Defibrillators Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 5: Global Defibrillators Market Value Share (%), By Segment 2, 2019 & 2027
Figure 6: Global Defibrillators Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 7: Global Defibrillators Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 8: Global Defibrillators Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 9: Global Defibrillators Market Forecast (USD Billion), by Others, 2016-2027
Figure 10: Global Defibrillators Market Value Share (%), By Segment 3, 2019 & 2027
Figure 11: Global Defibrillators Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 12: Global Defibrillators Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 13: Global Defibrillators Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 14: Global Defibrillators Market Forecast (USD Billion), by Others, 2016-2027
Figure 15: Global Defibrillators Market Value (USD Billion), by Region, 2019 & 2027
Figure 16: North America Defibrillators Market Value Share (%), By Segment 1, 2019 & 2027
Figure 17: North America Defibrillators Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 18: North America Defibrillators Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 19: North America Defibrillators Market Value Share (%), By Segment 2, 2019 & 2027
Figure 20: North America Defibrillators Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 21: North America Defibrillators Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 22: North America Defibrillators Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 23: North America Defibrillators Market Forecast (USD Billion), by Others, 2016-2027
Figure 24: North America Defibrillators Market Value Share (%), By Segment 3, 2019 & 2027
Figure 25: North America Defibrillators Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 26: North America Defibrillators Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 27: North America Defibrillators Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 28: North America Defibrillators Market Forecast (USD Billion), by Others, 2016-2027
Figure 29: North America Defibrillators Market Forecast (USD Billion), by U.S., 2016-2027
Figure 30: North America Defibrillators Market Forecast (USD Billion), by Canada, 2016-2027
Figure 31: Latin America Defibrillators Market Value Share (%), By Segment 1, 2019 & 2027
Figure 32: Latin America Defibrillators Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 33: Latin America Defibrillators Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 34: Latin America Defibrillators Market Value Share (%), By Segment 2, 2019 & 2027
Figure 35: Latin America Defibrillators Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 36: Latin America Defibrillators Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 37: Latin America Defibrillators Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 38: Latin America Defibrillators Market Forecast (USD Billion), by Others, 2016-2027
Figure 39: Latin America Defibrillators Market Value Share (%), By Segment 3, 2019 & 2027
Figure 40: Latin America Defibrillators Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 41: Latin America Defibrillators Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 42: Latin America Defibrillators Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 43: Latin America Defibrillators Market Forecast (USD Billion), by Others, 2016-2027
Figure 44: Latin America Defibrillators Market Forecast (USD Billion), by Brazil, 2016-2027
Figure 45: Latin America Defibrillators Market Forecast (USD Billion), by Mexico, 2016-2027
Figure 46: Latin America Defibrillators Market Forecast (USD Billion), by Rest of Latin America, 2016-2027
Figure 47: Europe Defibrillators Market Value Share (%), By Segment 1, 2019 & 2027
Figure 48: Europe Defibrillators Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 49: Europe Defibrillators Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 50: Europe Defibrillators Market Value Share (%), By Segment 2, 2019 & 2027
Figure 51: Europe Defibrillators Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 52: Europe Defibrillators Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 53: Europe Defibrillators Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 54: Europe Defibrillators Market Forecast (USD Billion), by Others, 2016-2027
Figure 55: Europe Defibrillators Market Value Share (%), By Segment 3, 2019 & 2027
Figure 56: Europe Defibrillators Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 57: Europe Defibrillators Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 58: Europe Defibrillators Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 59: Europe Defibrillators Market Forecast (USD Billion), by Others, 2016-2027
Figure 60: Europe Defibrillators Market Forecast (USD Billion), by U.K., 2016-2027
Figure 61: Europe Defibrillators Market Forecast (USD Billion), by Germany, 2016-2027
Figure 62: Europe Defibrillators Market Forecast (USD Billion), by France, 2016-2027
Figure 63: Europe Defibrillators Market Forecast (USD Billion), by Italy, 2016-2027
Figure 64: Europe Defibrillators Market Forecast (USD Billion), by Spain, 2016-2027
Figure 65: Europe Defibrillators Market Forecast (USD Billion), by Russia, 2016-2027
Figure 66: Europe Defibrillators Market Forecast (USD Billion), by Rest of Europe, 2016-2027
Figure 67: Asia Pacific Defibrillators Market Value Share (%), By Segment 1, 2019 & 2027
Figure 68: Asia Pacific Defibrillators Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 69: Asia Pacific Defibrillators Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 70: Asia Pacific Defibrillators Market Value Share (%), By Segment 2, 2019 & 2027
Figure 71: Asia Pacific Defibrillators Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 72: Asia Pacific Defibrillators Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 73: Asia Pacific Defibrillators Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 74: Asia Pacific Defibrillators Market Forecast (USD Billion), by Others, 2016-2027
Figure 75: Asia Pacific Defibrillators Market Value Share (%), By Segment 3, 2019 & 2027
Figure 76: Asia Pacific Defibrillators Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 77: Asia Pacific Defibrillators Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 78: Asia Pacific Defibrillators Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 79: Asia Pacific Defibrillators Market Forecast (USD Billion), by Others, 2016-2027
Figure 80: Asia Pacific Defibrillators Market Forecast (USD Billion), by China, 2016-2027
Figure 81: Asia Pacific Defibrillators Market Forecast (USD Billion), by India, 2016-2027
Figure 82: Asia Pacific Defibrillators Market Forecast (USD Billion), by Japan, 2016-2027
Figure 83: Asia Pacific Defibrillators Market Forecast (USD Billion), by Australia, 2016-2027
Figure 84: Asia Pacific Defibrillators Market Forecast (USD Billion), by Southeast Asia, 2016-2027
Figure 85: Asia Pacific Defibrillators Market Forecast (USD Billion), by Rest of Asia Pacific, 2016-2027
Figure 86: Middle East & Africa Defibrillators Market Value Share (%), By Segment 1, 2019 & 2027
Figure 87: Middle East & Africa Defibrillators Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 88: Middle East & Africa Defibrillators Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 89: Middle East & Africa Defibrillators Market Value Share (%), By Segment 2, 2019 & 2027
Figure 90: Middle East & Africa Defibrillators Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 91: Middle East & Africa Defibrillators Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 92: Middle East & Africa Defibrillators Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 93: Middle East & Africa Defibrillators Market Forecast (USD Billion), by Others, 2016-2027
Figure 94: Middle East & Africa Defibrillators Market Value Share (%), By Segment 3, 2019 & 2027
Figure 95: Middle East & Africa Defibrillators Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 96: Middle East & Africa Defibrillators Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 97: Middle East & Africa Defibrillators Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 98: Middle East & Africa Defibrillators Market Forecast (USD Billion), by Others, 2016-2027
Figure 99: Middle East & Africa Defibrillators Market Forecast (USD Billion), by GCC, 2016-2027
Figure 100: Middle East & Africa Defibrillators Market Forecast (USD Billion), by South Africa, 2016-2027
Figure 101: Middle East & Africa Defibrillators Market Forecast (USD Billion), by Rest of Middle East & Africa, 2016-2027
List of Tables
Table 1: Global Defibrillators Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 2: Global Defibrillators Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 3: Global Defibrillators Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 4: Global Defibrillators Market Revenue (USD Billion) Forecast, by Region, 2016-2027
Table 5: North America Defibrillators Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 6: North America Defibrillators Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 7: North America Defibrillators Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 8: North America Defibrillators Market Revenue (USD Billion) Forecast, by Country, 2016-2027
Table 9: Europe Defibrillators Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 10: Europe Defibrillators Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 11: Europe Defibrillators Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 12: Europe Defibrillators Market Revenue (USD Billion) Forecast, by Country, 2016-2027
Table 13: Latin America Defibrillators Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 14: Latin America Defibrillators Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 15: Latin America Defibrillators Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 16: Latin America Defibrillators Market Revenue (USD Billion) Forecast, by Country, 2016-2027
Table 17: Asia Pacific Defibrillators Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 18: Asia Pacific Defibrillators Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 19: Asia Pacific Defibrillators Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 20: Asia Pacific Defibrillators Market Revenue (USD Billion) Forecast, by Country, 2016-2027
Table 21: Middle East & Africa Defibrillators Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 22: Middle East & Africa Defibrillators Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 23: Middle East & Africa Defibrillators Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 24: Middle East & Africa Defibrillators Market Revenue (USD Billion) Forecast, by Country, 2016-2027
Research Process
Data Library Research are conducted by industry experts who offer insight on
industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager
and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESS
Primary Research
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary Research
Secondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size Estimation
Both, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model
