The defibrillator is a medical device that is used to restore a normal heartbeat by sending an electric pulse or shock to the heart. They are used to prevent arrhythmia and also restore the heart's beating in case the heart suddenly stops.
The external defibrillator market observes captivating development due to the rise in the incidence of cardiovascular disorders. This device is used for treating sudden cardiac arrest. It helps to increase the chances of the survival of sudden cardiac arrests. It is applicable in two types of heart rhythms namely Pulseless Ventricular Tachycardia (Pulseless VT) and Ventricular Fibrillation (VF).
Sudden cardiac arrests can happen at any time. In case, if someone experiences a sudden cardiac arrest at home and the hospital is far away from home, there are chances of death. But if someone has an external defibrillator device at that time. Then by giving electric shock from the device can help to save a life from a cardiac arrest. This most prominent factor facilitating external defibrillator market development. The early use of external defibrillator devices provides survival chances more than 75 percent.
Other significant factors such as rising incidences of cardiovascular diseases such as rheumatic heart disease, cerebrovascular disease, coronary heart disease, and others across the world further boost the demand for an external defibrillator. The major reasons contributing to the external defibrillator market development are the stress levels is increasing among people globally and increasing habits of alcohol consumption and smoking. Furthermore, due to innovation in medical terms, the development of new technologies and growth in the adoption of external defibrillators are expected to open new growth opportunities for the market in the future.
The COVID-19 pandemic may have a minor impact on the external defibrillators market. Because healthcare facilities remain open with huge demand. Thus, the external defibrillators market observed that a stable increase in growth rate.
External Defibrillators Market Segment Overview
The new automated external defibrillator devices are manufactured with technology such as Wi-Fi connectivity and improved real-time cardiopulmonary resuscitation (CPR) is providing benefits for the growth of the external defibrillators market. The automated external defibrillators are of two types, a Semi-Automated External Defibrillator and a Fully Automated Defibrillator. A semi-automatic external defibrillator device prepares patients mentally before giving a shock.
More workload led to a hike in sudden cardiac arrest cases at workplaces. So, using external defibrillator devices can help in reducing situations like life loss due to cardiac arrest. Therefore, the large use of external defibrillators at workplaces boosts the growth of the external defibrillators market.
External Defibrillators Regional Overview
Region-wise, North America is projected to hold the major share of the external defibrillators market. The escalating cardiovascular diseases, as well as supportive policies of the government, are some key factors for market growth. According to the Centers for Disease Control and Prevention (CDC), approximately 647,000 Americans die due to heart disease each year. This data shows the importance of external defibrillator devices in the region. The Asia Pacific is expected to witness noteworthy growth due to rising investment and growing cardiovascular cases. Latin America and the Middle East and Africa are expected to grasp stable growth due to rising cases of obesity in the region.
External Defibrillators Market Competitor overview
External defibrillators are a highly fragmented market with the presence of many prominent players. The players are also focused on the 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.
For instance, on October 31, 2019, Asahi Kasei Medical has acquired Virusure Forschung und Entwicklung GmbH (ViruSure), an Austrian provider of biosafety testing services. Furthermore, on May 13, 2021, TOKYO, JAPAN - Nihon Kohden Corporation announced the acquisition of its own shares.
External Defibrillators Market, Key Players
· Nihon Kohden Corporation
· Asahi Kasei Medical Co. Ltd.
· Shenzhen Mindray Bio-Medical Electronics Co. Ltd.
· PRIMEDIC (Metrax GmbH-Member of Yuwell Group)
· Schiller AG
· Koninklijke Philips N.V.
· Cardiac Science Corporation
· Physio-Control Inc. (Stryker)
· Philips Healthcare
· HeartSine Technologies LLC.
· ZOLL Medical Corporation
· Mindray Medical International Limited
· Defibtech, Llc
· GE Healthcare
External Defibrillators Market Segmentation
External Defibrillators Market, By Product
- Automated External Defibrillator (AED)
- Semi-Automated External Defibrillator
- Fully Automated Defibrillator
- Manual External Defibrillator
- Wearable Cardioverter Defibrillator (WCD)
External Defibrillators Market, By End User
- Hospitals and Clinics
- Schools and other Public Places
External Defibrillators market, By Region:
- North America
- US
- Canada
- 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
1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
4. Key Insights
- 4.1. Key Emerging Trends – For Major Countries
- 4.2. Latest Technological Advancement
- 4.3. Regulatory Landscape
- 4.4. Industry SWOT Analysis
- 4.5. Porters Five Forces Analysis
5. Global External Defibrillators Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 5.1. Key Findings / Summary
- 5.2. Market Analysis, Insights and Forecast – By Product
- 5.2.1. Automated External Defibrillator (AED)
- 5.2.1.1. Semi-Automated External Defibrillator
- 5.2.1.2. Fully Automated Defibrillator
- 5.2.2. Manual External Defibrillator
- 5.2.3. Wearable Cardioverter Defibrillator (WCD)
- 5.2.1. Automated External Defibrillator (AED)
- 5.3. Market Analysis, Insights and Forecast – By End User
- 5.3.1. Hospitals and Clinics
- 5.3.2. Schools and other Public Places
- 5.4. Market Analysis, Insights and Forecast – By Region
- 5.4.1. North America
- 5.4.2. Latin America
- 5.4.3. Europe
- 5.4.4. Asia Pacific
- 5.4.5. Middle East and Africa
6. North America External Defibrillators Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 6.1. Key Findings / Summary
- 6.2. Market Analysis, Insights and Forecast – By Product
- 6.2.1. Automated External Defibrillator (AED)
- 6.2.1.1. Semi-Automated External Defibrillator
- 6.2.1.2. Fully Automated Defibrillator
- 6.2.2. Manual External Defibrillator
- 6.2.3. Wearable Cardioverter Defibrillator (WCD)
- 6.2.1. Automated External Defibrillator (AED)
- 6.3. Market Analysis, Insights and Forecast – By End User
- 6.3.1. Hospitals and Clinics
- 6.3.2. Schools and other Public Places
- 6.4. Market Analysis, Insights and Forecast – By Country
- 6.4.1. U.S.
- 6.4.2. Canada
7. Latin America External Defibrillators Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 7.1. Key Findings / Summary
- 7.2. Market Analysis, Insights and Forecast – By Product
- 7.2.1. Automated External Defibrillator (AED)
- 7.2.1.1. Semi-Automated External Defibrillator
- 7.2.1.2. Fully Automated Defibrillator
- 7.2.2. Manual External Defibrillator
- 7.2.3. Wearable Cardioverter Defibrillator (WCD)
- 7.2.1. Automated External Defibrillator (AED)
- 7.3. Market Analysis, Insights and Forecast – By End User
- 7.3.1. Hospitals and Clinics
- 7.3.2. Schools and other Public Places
- 7.4. Insights and Forecast – By Country
- 7.4.1. Brazil
- 7.4.2. Mexico
- 7.4.3. Rest of Latin America
8. Europe External Defibrillators Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 8.1. Key Findings / Summary
- 8.2. Market Analysis, Insights and Forecast – By Product
- 8.2.1. Automated External Defibrillator (AED)
- 8.2.1.1. Semi-Automated External Defibrillator
- 8.2.1.2. Fully Automated Defibrillator
- 8.2.2. Manual External Defibrillator
- 8.2.3. Wearable Cardioverter Defibrillator (WCD)
- 8.2.1. Automated External Defibrillator (AED)
- 8.3. Market Analysis, Insights and Forecast – By End User
- 8.3.1. Hospitals and Clinics
- 8.3.2. Schools and other Public Places
- 8.4. Market Analysis, Insights and Forecast – By Country
- 8.4.1. UK
- 8.4.2. Germany
- 8.4.3. France
- 8.4.4. Italy
- 8.4.5. Spain
- 8.4.6. Russia
- 8.4.7. Rest of Europe
9. Asia Pacific External Defibrillators Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 9.1. Key Findings / Summary
- 9.2. Market Analysis, Insights and Forecast – By Product
- 9.2.1. Automated External Defibrillator (AED)
- 9.2.1.1. Semi-Automated External Defibrillator
- 9.2.1.2. Fully Automated Defibrillator
- 9.2.2. Manual External Defibrillator
- 9.2.3. Wearable Cardioverter Defibrillator (WCD)
- 9.2.1. Automated External Defibrillator (AED)
- 9.3. Market Analysis, Insights and Forecast – By End User
- 9.3.1. Hospitals and Clinics
- 9.3.2. Schools and other Public Places
- 9.4. Market Analysis, Insights and Forecast – By Country
- 9.4.1. China
- 9.4.2. India
- 9.4.3. Japan
- 9.4.4. Australia
- 9.4.5. South East Asia
- 9.4.6. Rest of Asia Pacific
10. Middle East & Africa External Defibrillators Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 10.1. Key Findings / Summary
- 10.2. Market Analysis, Insights and Forecast – By Product
- 10.2.1. Automated External Defibrillator (AED)
- 10.2.1.1. Semi-Automated External Defibrillator
- 10.2.1.2. Fully Automated Defibrillator
- 10.2.2. Manual External Defibrillator
- 10.2.3. Wearable Cardioverter Defibrillator (WCD)
- 10.2.1. Automated External Defibrillator (AED)
- 10.3. Market Analysis, Insights and Forecast – By End User
- 10.3.1. Hospitals and Clinics
- 10.3.2. Schools and other Public Places
- 10.4. Market Analysis, Insights and Forecast – By Country
- 10.4.1. GCC
- 10.4.2. South Africa
- 10.4.3. Rest of Middle East & Africa
11. Competitive Analysis
- 11.1. Company Market Share Analysis, 2018
- 11.2. Key Industry Developments
- 11.3. Company Profile
- 11.4. Nihon Kohden Corporation
- 11.4.1. Business Overview
- 11.4.2. Segment 1 & Service Offering
- 11.4.3. Overall Revenue
- 11.4.4. Geographic Presence
- 11.4.5. Recent Development
- 11.5. Asahi Kasei Medical Co. Ltd.
- 11.6. Shenzhen Mindray Bio-Medical Electronics Co. Ltd.
- 11.7. PRIMEDIC (Metrax GmbH-Member of Yuwell Group)
- 11.8. Schiller AG
- 11.9. Koninklijke Philips N.V.
- 11.10. Cardiac Science Corporation
- 11.11. Physio-Control Inc. (Stryker)
- 11.12. Philips Healthcare
- 11.13. HeartSine Technologies LLC.
- 11.14. ZOLL Medical Corporation
- 11.15. Mindray Medical International Limited
- 11.16. Defibtech, Llc
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
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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 ResearchSecondary 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 EstimationBoth, 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
