Global Defibrillators Market 2020:Overview and Industry Trends By Boston Scientific Corporation, Koninklijke Philips N.V., ZOLL Medical Corporation, Biotronik, Inc.

Press Release
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.

This global defibrillators market research report potentially offers plentiful insights and business solutions that will lend a hand to win the competition. While analysing market data, company snapshot, geographical presence, product portfolio, and recent developments are taken into account for studying the company profiles. The report provides classification by companies, region, type and end-use industry. It is a professional and a detailed report focusing on primary and secondary drivers, market share, market size, leading segments and geographical analysis. The defibrillators business document has appropriate solutions to the complex business challenges and initiates an effortless decision-making process.

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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, External Defibrillators),

End User

(Hospitals, Clinics, and Cardiac Centers, Pre-Hospital Care Settings, Public Access Markets, Home Care Settings, Alternate Care Facilities),

Geography

(North America, South America, Europe, Asia-Pacific, Middle East & Africa)

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