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Defibrillators Market Size

  • Report ID: GMI5495
  • Published Date: Mar 2023
  • Report Format: PDF

Defibrillators Market Size

Defibrillators Market size exceeded USD 11 billion in 2022. The industry is estimated to expand at over 6.5% CAGR from 2023 to 2032, driven by surging incidences of sudden cardiac arrests and heart failures

 

The industry demand is primarily fueled by the mounting prevalence of cardiac diseases. One of the main risk factors for illness progression and high mortality rates is tachycardia. The rising occurrence and prevalence of these disorders and their subsets, including atrial fibrillation, ventricular tachycardia, supraventricular tachycardia (SVT), and ventricular fibrillation, are anticipated to drive business growth.

 

Authors: Mariam Faizullabhoy

Frequently Asked Questions (FAQ) :

Global Market size for defibrillators was valued at more than USD 11 billion in 2022 and is primed to progress at over 6.5% CAGR between 2023 and 2032 propelled by surging incidences of sudden cardiac arrests and heart failures.

The implantable cardioverter defibrillator (ICD) segment held over 71% revenue share in 2022 as a result of the broad variety of product diversity, expanded application possibilities, and technical breakthroughs.

The hospitals end-use segment is anticipated to witness growth at more than 7% CAGR over 2023-2032 owing to increasing cases of cardiac arrest, the surge in need for ICD implantation procedures, and the accessibility of highly skilled healthcare personnel.

Europe market for defibrillators is slated to reach a value of over USD 6 billion by the end of 2032 accredited to rising occurrences of tachycardia due to hypertension, obesity, and dyslipidemia, among the elderly population in the region.

Defibrillators Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 15
  • Tables & Figures: 874
  • Countries covered: 30
  • Pages: 320
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