Data Bridge Market Research

Defibrillators Market Accounted to Be Billions of Dollar Business with Growing CAGR of 6.9% by 2024

Tryker Corporation, Biotronik SE & Co. KG, Asahi Kasei Corporation, Boston Scientific Corporation, Philips Healthcare, LivaNova

 

Pune, India -- (SBWIRE) -- 02/15/2019 -- Defibrillators market accounted to USD 9.8 billion in 2016 growing at a CAGR of 6.9% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2019 to 2024.

The report includes data on the consumer perspective, comprehensive analysis, statistics, market share, company performance (Stocks), historical analysis from 2012 to 2019, volume, revenue, YOY growth rate and CAGR forecast until 2026. The report also details product type segmentation, applications and regional segmentation. The report comprise of a detailed description, a competitive scenario, a wide range of leading players in this market and business strategies adopted by competitors in conjunction with their SWOT analysis. On country level, the regional segment is further divided. The analysis report on the defibrillators market covers a detailed analysis of the value chain of the defibrillators market. The value chain analysis helps to analyze major raw materials, major equipment, production processes, customer analysis and major distributors.

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Major market drivers and restraints:
- Rising incidences of cardiac diseases
- Rapid Growth in Aging Population
- Technological advancements in Defibrillators
- Increasing awareness about Public-Access Defibrillators
- Risks related to Use of Implantable and Automated External Defibrillators

Major players operating in defibrillators devices market are
- Stryker Corporation
- Biotronik SE & Co. KG
- Asahi Kasei Corporation
- Boston Scientific Corporation
- Philips Healthcare
- LivaNova PLC
- Medtronic plc
- Cardiac Science Corporation
- Nihon Kohden Corporation
- St. Jude Medical
- Physio-Control International
- Cardiac Science Corporation
- Livanova PLC among others.

Competitive Analysis: Global Defibrillators Market
The defibrillators devices market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of defibrillators devices market for Global, Europe, North America, Asia Pacific and South America.

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Market Segmentation:
On the basis of geography, defibrillators devices market report covers data points for 28 countries across multiple geographies such as North America & South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.
By product, the market for defibrillators devices market is segmented into implantable cardioverter defibrillators (ICDs), and external defibrillators. The implantable cardioverter defibrillators (ICDs) segment is further segmented into transvenous implantable cardioverter defibrillators (T-ICDs), subcutaneous implantable cardioverter defibrillators (S-ICDs). The external defibrillators segment is further segmented into automated external defibrillators (AEDs), manual external defibrillators, wearable cardioverter defibrillators (WCDs).
On the basis of end-user, the market is segmented into hospitals, clinics, & cardiac centers, pre-hospitals, public access markets, home care, and alternate care markets.

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