Defibrillator is a medical device used to deliver a dose of electric current to the heart in order to treat life-threatening cardiac dysrhythmias. This current support restoring the heart to a regular, healthy rhythm. Defibrillators can be implantable, external, transvenous, subcutaneous based on the type required for the treatment. Some external defibrillators, also known as automated external defibrillators (AEDs), are designed in such a way that even untrained or laypersons will be able to use it.
MARKET SCOPE
The "Global Defibrillators Market Analysis to 2028" is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of the defibrillators market with detailed market segmentation by product, end user, and geography. The report provides key statistics on the market status of the leading defibrillators market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
? The product segment includes, implantable cardioverter defibrillators (ICDs), and external defibrillators. Further the implantable cardioverter defibrillators (ICDs) segment is segmented into transvenous defibrillators and subcutaneous defibrillators. the external defibrillators segment is further segmented into automated external defibrillators (AEDs), manual external defibrillators, and wearable cardioverter defibrillators (WCDs).
? By end user, the defibrillators market is segmented into hospitals, specialty clinics, ambulatory surgical centers and others.
MARKET DYNAMICS
Drivers:
? Increasing incidences of cardiovascular disorders
? Increasing demand for implantable cardioverter defibrillator from emerging countries of Asia-Pacific and the Middle-East as cardiovascular disorders are increasing
? Awareness about the disease also increases in these countries
? Increasing number of training and awareness programs across the globe for defibrillators
Restraints
? Stringent Regulatory Framework
? High Cost of Defibrillators
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The defibrillators market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the defibrillators market in these regions.
IMPACT OF COVID-19 ON DEFIBRILLATORS MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
MARKET PLAYERS
The report covers key developments in the defibrillators market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from defibrillators market are anticipated to lucrative growth opportunities in the future with the rising demand for defibrillators in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the defibrillators market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
? Medtronic
? Abbott
? Boston Scientific Corporation
? Koninklijke Philips N.V.
? ZOLL Medical Corporation
? Physio-Control Inc
? NIHON KOHDEN CORPORATION
? Pacetronix.com
? EBR Systems Inc
? MEDICO S.p.A.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.