The Global Defibrillator Market research study published by Emergen Research is an extensive collection of insightful information about the Defibrillator industry. The report covers the Defibrillator Market segmentation along with a detailed outline of the Defibrillator market size with regards to volume and valuation. The report provides comprehensive coverage of the Defibrillator market scenario for the current period and forecast timeline of 2020-2027. The Defibrillator market report contains an in-depth analysis of the historical, current, and projected revenues for every industry vertical, segment, end-use industries, applications, and regions.
The global defibrillator market size is expected to reach USD 26.0 Billion at a steady revenue CAGR of 9.7% in 2030, according to latest analysis by Emergen Research. Rising number of training and awareness programs on defibrillators is a major factor market revenue growth. Defibrillator is a medical device used to deliver therapeutic shock to patient’s heart in life-threatening conditions such as ventricular fibrillation, cardiac arrhythmia, and pulseless ventricular tachycardia. Although, installing an Automated External Defibrillator (AED) is not required for workplaces to follow 1981 Health and Safety (First-Aid) laws. According to Health and Safety Executive, it is strongly advised that a team receive complete training for usage of an AED if an organization's assessment needs reveal a need for one. Level 3 Award in First Aid at Work and Level 3 Award in emergency first aid at work courses both include basic AED awareness instruction. In settings where an AED is not required, basic awareness is a great addition to one’s first aid training skills. Businesses should think about investing in advanced training to learn more about maintaining, testing, and troubleshooting an AED, that is particular to their industry.
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The report further sheds light on the emerging growth opportunities, challenges, market threats, limitations, and factors likely to restrict the growth of the Defibrillator market. The report further discusses in detail the market in international waters and the emerging trends in those regions. It also offers insights into the competitive landscape, market drivers, industrial scenario, and the latest product and technological developments to offer a comprehensive overview of the Defibrillator market landscape.
The increased use of Defibrillator by municipalities and enterprises is responsible for the market's expansion. The Defibrillator market is anticipated to grow at a faster rate during the forecast period than traditional treatment procedures like thermal oxidation and chemical oxidation due to the reduced operational and capital costs of Defibrillator. The demand for Defibrillator is rising as more people are embracing biological treatment methods like aerobic activated sludge. The use of Defibrillator solutions is projected to increase in the near future due to rising restrictions on the discharge of treated effluents into freshwater bodies.
The Defibrillator research report also includes an insightful study of the prominent players of the industry along with their business overview, strategic planning, and business expansion plans adopted by them. This assists the readers and business owners in formulating strategic expansion and investment plans.
The key companies studied in the report are:
Medtronic, Stryker, Koninklijke Philips N.V., Asahi Kasei Corporation, Boston Scientific Corporation, Abbott, MicroPort Scientific Corporation, Nihon Kohden Corporation, Biotronik, and CU Medical Systems, Inc.
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On the basis of regional analysis, the market is segmented into the following regions: North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The market is expected to be dominated by North American nations closely followed by European countries. Asia Pacific is expected to show a significant growth owing to recent advancements and rising investments in the R&D sector.
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Type Outlook (Revenue, USD Million; 2019–2030)
- 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
- Manual & Semi-Automated External Defibrillators
- Fully Automated External Defibrillators
- Wearable Cardioverter Defibrillators
- Implantable Cardioverter Defibrillators
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Patient Type Outlook (Revenue, USD Million; 2019–2030)
- Adult Patients
- Pediatric Patients
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End-Use Outlook (Revenue, USD Million; 2019–2030)
- Hospitals, Clinics, & Cardiac Centers
- Prehospital Care Settings
- Public-Access Markets
- Alternative Care Facilities
- Home Care Settings
- Other End-Use
The report addresses the following key points:
- The report estimates the expected market size from 2020-2027
- The report provides a forecast of market drivers, restraints, and future opportunities for the Defibrillator market
- The report further analyses the changing market dynamics
- Regional analysis and segmentation of the market with analysis of the regions and segments expected to dominate the market growth
- Extensive competitive landscape mapping with profiles of the key competitors
- In-depth analysis of business strategies and collaborations such as mergers and acquisitions adopted by the key companies
- Revenue forecast, country scope, application insights, and product insights
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