Defibrillators Market Size , Share , Trends , Analysis and Forecasts To 2022
Global Defibrillators market is accounted for $ 10.61 billion in 2015 and is expected to reach $ 19.31 billion by 2022 growing at a CAGR of 8.9 %. The defibrillation is a procedure comprising of delivering an electric shock to the heart , which depolarizes heart muscles and restores its normal electric impulse during cardiac arrest . Technological advancement of defibrillators , geriatric population with high risk of target diseases and increasing number of training and awareness programs across the globe are proliferating the market . However , product failures & recalls and lack of awareness about sudden cardiac arrest ( SCA ) are the factors inhibiting the market .
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Wearable Cardioverter Defibrillators ( WCDS ) in External Defibrillators segment is expected to gain its momentum through dominating the market , owing to its user-friendly nature and wearable techniques . Hospitals , Clinics , & Cardiac Centers segment is expected to throttle the market in order to its necessity in healthcare . Asia Pacific is accounted for the largest share of the market attributing to large number of healthcare reforms , high prevalence of heart failures , and increased focus of key players on developing technologically advanced cost-effective defibrillators .
Some of the key players of the Defibrillators market include Access Cardio Systems , BIOTRONIC SE & Co . KG , Boston Scientific Corporation , Cardiac Science Corporation , Defibtech LLC , Fukuda Denshi USA Inc ., GE Healthcare , HeartSine Technologies , Koninklijk , Philips N . V ., Medtronic Inc ., Metrax , Nihon Kohden corporation , Philips Healthcare , Physio-Control Inc ., Progetti S . R . I , Schiller AG , Sorin Group , St . Jude Medical Inc ., Welch Allyn and ZOLL Medical Corporation .
End-Users Covered : Alternate Care Markets Home Care Hospitals , Clinics , & Cardiac Centers Pre-Hospitals Public Access Markets
Product Types Covered : Implantable Cardioverter Defibrillators ( ICDS ) Subcutaneous Implantable Cardioverter Defibrillators ( S-ICDS ) Transvenous Implantable Cardioverter Defibrillators ( T-ICDS ) Biventricular ICDS / Cardiac Resynchronization Therapy Defibrillators ( CRT-DS ) Dual-Chamber ICDS Single-Chamber ICDS External Defibrillators Automated External Defibrillators ( AEDS )