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Global Defibrillator Devices Market

BharatBook present the latest report on “Defibrillator Devices Global Market” (https://www.bharatbook.com/medical-devices-market-research-reports-842175/defibrillator-devices-global.html) It provides the Global Defibrillator Devices Market industry overview with growth analysis and historical & futuristic cost, revenue, demand and supply data and elaborate description of the value chain and its distributor analysis.

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Global Defibrillator Devices Market

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  1. Global Defibrillator Devices Market

  2. Summary Defibrillator devices are class of medical devices used for delivering shock in a controlled and automated manner. These devices are mainly used fortherapeutic purposes in cardiovascular critical care management, whereelectrical shock is required to convert patient’s abnormal heart rhythm intonormal heart rhythm to revive the victim of sudden cardiac arrest. Thesedefibrillators help in saving the life of a SCA victim, who would have fewminutes lifeline & requires resuscitation to avoid situations, which would lead to serious life threatening circumstances or even sometimes to death of apatient. Defibrillator devices market is segmented on the basis of products, application, end-users and geography. Products are segmented into devices, consumables & servicing, whereas devices are further segmented into ImplantableCardioverter Defibrillators (ICD’s) and external defibrillators. Implantablecardioverter defibrillators are further segmented into Transvenous Implantable Cardioverter Defibrillators (T-ICD’s) and Subcutaneous ImplantableCardioverter Defibrillators (S-ICD’s), similarly external defibrillators areclassified into Automated External Defibrillators (AED’s), Wearablecardioverter defibrillators and Advanced Life Support Defibrillators (ALS). www.BharatBook.com

  3. Consumables are further segmented into electrode pads, battery & chargers,first aid kits and supplies/rescue kits and others including cables & data cables, carry cases or backpacks, training units, training manikins and cabinets Application are segmented into ventricular fibrillation, ventricular tachycardia & bradycardia. End-users are further classified into hospitals, ambulatorysurgical centers, homecare, public access care, pre-hospitals & others (clinics & cardiac centers & alternative care centers). According to analysis, the defibrillator devices global market is expected togrow at a mid to high single digit CAGR to reach $17,710.8 million by 2023. Among the defibrillator devices products market implantable cardioverterdefibrillators segment holds the largest share of the market and externaldefibrillators is expected to be the fastest growing segment. In applicationsmarket ventricular tachycardia holds the largest share of the market andventricular fibrillation is expected to grow with a strong CAGR from 2016 to 2023. In end- users, hospitals are the largest segment & home healthcare is the fastest growing segment from 2016 to 2023. Geographically, North America is the largest market followed by Europe and Asia Pacific. The APAC region isthe fastest growing region from 2016 to 2023 presenting an array ofopportunities for growth and is likely to get attention of new investors in thedefibrillator devices market. Growth in the Asian market is attributed to rising prevalence of lifestyle diseases and government initiatives in establishinginnovative technologies and demand for sophisticated medical services. www.BharatBook.com

  4. The defibrillator devices market is expected to grow at a single high digitCAGR during 2016 to 2023. Increase in aging population and subsequent rise in incidence of cardiovascular diseases, increasing use of defibrillators inpublic access areas & favorable reimbursement policies are the factors driving the market growth. Increasing trend of MRI compatible defibrillators,emergence of next generation integrated ICD’s and market expansionopportunities in emerging nations are expected to offer potential opportunities. However various factors like patient safety risks due to chances of infection & other complications while using defibrillators, lack of awareness on suddencardiac arrests limit the growth of defibrillator devices global market. Thethreats for the defibrillator devices market include lack of cybersecurity inICD’s and increasing number of defibrillator device recalls due to FDAmandates. The defibrillator devices global market is a highly competitive market and allthe existing players in this market are involved in developing new & advanced products to maintain their market shares. Some of the key players of thedefibrillator devices market are Boston Scientific Corporation (U.S.), AbbottLaboratories (U.S.), Asahi Kasei Corporation (Japan), Medtronic PLC(Ireland), Philips Healthcare (Netherland), Biotronik Se & Co. Kg (Germany), Stryker Corporation (U.S.), LivaNova (U.K.) and Nihon Kohden Corporation (Japan). www.BharatBook.com

  5. www.BharatBook.com

  6. Full Reports Global Defibrillator Devices Market Contact us at Bharat Book Bureau Tel: +91 22 27810772 / 27810773 Email: poonam@bharatbook.com Our Blog: https://www.bharatbook.com/blog/ Twitter: https://twitter.com/researchbook Facebook: https://www.facebook.com/BharatBook3B LinkedIn: http://www.linkedin.com/company/bharat-book-bureau

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