Fior Markets latest presentation named Global Defibrillator Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024 centers around the progress of this market, focusing on its development status and trends. The report concentrates on the business strategies of the key vendors, market fundamental dynamics including compound annual growth rate, drivers and trends dynamics during the forecast period (2019-2024). An in-depth analysis of Defibrillator enfolds market drivers, challenges, standardization, opportunities, limitations, ecosystem player profiles, and strategies.
For the competitive landscape of the worldwide market, this report evaluates various industry participants, production capacity, production chain, SWOT analysis, and the revenue generated by each manufacturer in the global Defibrillator market. The methodical outlook of this report has covered key aspects such as market growth, market demands, business strategies, consumption volume, and industry cost structure during the forecast period 2019-2024. The report gives a study of the historical growth of the most dominant region to help the reader plan powerful long-term investment judgments.
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Defibrillation is a common treatment for life-threatening cardiac dysrhythmias, ventricular fibrillation and pulseless ventricular tachycardia. Defibrillation consists of delivering a therapeutic dose of electrical energy to the heart with a device called a defibrillator. This depolarizes a critical mass of the heart muscle, terminates the dysrhythmia and allows normal sinus rhythm to be reestablished by the body’s natural pacemaker, in the sinoatrial node of the heart. Defibrillators can be external, transvenous, or implanted (implantable cardioverter-defibrillator), depending on the type of device used or needed. Some external units, known as automated external defibrillators (AEDs), automate the diagnosis of treatable rhythms, meaning that lay responders or bystanders are able to use them successfully with little or no training at all.
Scope of the Report:
Over the past decade, the global defibrillator industry has witnessed remarkable growth. And it is forecasted that the market will continue to grow at a speed over 5% in the following decade. The major drivers for the market include the development of technologically advanced defibrillators, rapid growth in the aging population with high risk of target diseases, rising incidences of cardiovascular diseases across the globe, growing focus of public and private organizations and key market players toward public access defibrillation, and increasing number of training and awareness programs across the globe.
Currently, North America is the largest market of defibrillator worldwide, owing to the growing prevalence of cardiovascular disorders. Europe is the second largest market, and followed by Asia Pacific.
According to our research and analysis, the leading five companies in the market occupies about 65% of the production value shares. Major manufacturers in the market are Medtronic, St. Jude, Medical, Boston Scientific, Biotronik and Physio-Control.
Implantable cardioverter defibrillators and external defibrillators are the two main products segments of defibrillator. ICD was the largest product segment. The possibility of remote patient monitoring by the utility of this device, is a major driver of the segment. New generation ICD with the bi-functional capability of preventing cardiac arrest along with performing the role of a pacemaker are expected to enhance sales volume of the device. External defibrillators are the second largest product segment. The ability of the device to diagnose early onset of ventricular tachycardia and ventricular defibrillation is expected to promote their demand.
Although sales of defibrillator brought a lot of opportunities, the study group recommends the new entrants just having money but without technical advantage and downstream support do not to enter into the defibrillator field.
The worldwide market for Defibrillator is expected to grow at a CAGR of roughly xx% over the next five years, will reach xx million US$ in 2024, from xx million US$ in 2019.
This report focuses on the Defibrillator in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
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