Browse key industry insights from the report “Wearable Cardioverter Defibrillators
Market Size, Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK,
Italy, France, Spain, China, India, Japan, Australia, Brazil, Mexico, South Africa, Saudi
Arabia), Application Development Potential, Price Trends, Competitive Market Share &
Forecast, 2017 – 2024” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/wearable-cardioverter-defibrillators-
market
U.S. drives the global wearable cardioverter defibrillators market, holding the largest
share in overall market. The region is slated to continue its glory of being the largest
contributor due to rapidly arising incidences of cardiovascular diseases, and increasing
number of heart surgeries. Apart from this, U.S. and Canada witness high level of
awareness regarding sudden cardiac arrest and benefits of using wearable cardioverter
defibrillators.
Europe held the second largest position in the wearable cardioverter defibrillators
market driven by factors such as rising geriatric population, better access to advanced
healthcare facilities, and increased awareness regarding cardiovascular diseases.
The demand for wearable cardioverter defibrillators is rising significantly in the
emerging nations of Asia Pacific owing to rise in the prevalence of cardiovascular
disorder and awareness regarding treatment options using these devices. Moreover,
various manufacturers in the market are eyeing upon this region as lucrative growth
platform due to large patient pool. In an attempt to increase product awareness,
manufacturers arrange various seminars and training workshops for surgeons and
patients regarding the use of wearable cardioverter defibrillator devices.
Latin America and Middle East Asia regions are set to embark remarkable growth in the
wearable cardioverter defibrillator market due to conducive business environments
leading to entry of major manufacturers in the region. The introduction of rental
services for wearable cardioverter defibrillators should boost the demand for devices,
by lowering the cost and making it affordable in low income countries of the region.
However, factors such as inadequate training staff and skilled technicians along with
hesitation to use the device due to safety issues among patient group may hamper the
expected market growth in the region during the forecast timeframe.
Key industry players include Boston Scientific, Jude Medical, Medtronic, Nihon Kohden,
and Zoll Medical among others. Partnership with regional companies’ in order to
expand its distribution channel and new product launches are commonly used
strategies by wearable cardioverter defibrillators industry players.
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