Defibrillators Market
Market Analysis: The global defibrillators market forecast will be $14.5 billion by 2026, increasing from $8.4 billion in 2018 at a healthy CAGR of 5.3%. North America market share is growing at a CAGR of 3.4% by generating revenue of $8.8 billion by 2026. Asia-Pacific regional growth is expecting $6.7 billion by 2026. Defibrillators are devices which restore a normal heartbeat by delivering an electric pulse or shock to the heart in life-threatening situation such as ventricular fibrillation, cardiac arrhythmia and pulse less ventricular tachycardia. The defibrillation procedure includes delivery of an electric shock to the heart, which depolarizes heart muscles and returns back its normal electric impulse. Access to Full Report Summary: https://marketreportslibrary.com/report/md0204/defibrillators-market Market Drivers: Growing incidence of sudden cardiac arrest and congestive heart failure diseases will compel the market growth Sudden cardiac arrest is an abrupt and unpredicted pulse less condition, which is caused by the cessation of cardiac mechanical activity. SCA is a resulting in cause of death among adults, commonly above the age of 40. This is one of the key driving factors for the development of the defibrillators market. Additionally, the surging incidence of diabetes, atherosclerosis, strokes, hypertension, and others owing to the lifestyle habits such as unhealthy dietary habits, dearth of physical activity and smoking, among others, is the resulting cause of congestive heart failure. Moreover, increasing elderly population base is projected to boost the incidence of CHFs, thereby augmenting the market growth. Market Restraints: The key factor limiting the market is product failures and recalls. Few other factors such as growing pricing pressure on players and dearth of awareness about sudden cardiac arrest (SCA) are constraining the growth of this market. Request for a sample report: https://marketreportslibrary.com/request/sample/md0204/defibrillators-market The Global Defibrillators Market has been segmented as below: By Type Implantable Cardioverter Defibrillators (ICDs) External Defibrillators By End User Hospitals, Clinics, and Cardiac Centers Prehospital Care Settings Public Access Markets Home Care Settings Alternate Care Facilities By Region Europe North America Asia Pacific Rest of The World By Company Medtronic St. Jude Medical Boston Scientific ZOLL Medical Corporation Koninklijke Philips N.V. BIOTRONIK Nihon Kohden MicroPort Mediana CU Medical Systems Mindray Medical Physio-Control Laerdal