Europe Defibrillators By Product (Implantable Cardioverter Defibrillators and External Defibrillators), End User (Hospitals, Clinics, and Cardiac Centres, Pre-Hospital Care Settings, Public Access Markets, Home Care Settings and Alternate Care Facilities), Country (Germany, U.K., France, Spain, Italy, Russia, Turkey, Belgium, Netherlands, Switzerland and Rest of Europe) Industry Trends and Forecast to 2028
Market Analysis and Insights of Defibrillators Market
Data Bridge Market Research analyses that the defibrillators market will exhibit a CAGR of around 7.90% for the forecast period of 2021-2028. Rising preferences for automated external defibrillators in pre-hospital settings, increased focus of technological advancements involved in the manufacturing of medical devices and rising expenditure on the healthcare infrastructure development especially in the developing economies are the major factors attributable to the growth of defibrillators market.
Defibrillators are the medical devices that are used to maintain the normal beating of the heart. This is done by giving electrical shocks to the heart. The defibrillators are also used to treat cardiac arrests by delivering a dose of electric current and allow the natural pacemaker of the body to restore ordinary sinus rhythm.
Upsurge in the prevalence of cardiac diseases among the population coupled with ever-rising geriatric and obese population base is one of the major factors fostering the growth of defibrillators market. Rising advent of various innovations and researches in the field of healthcare to develop the technology involved and increasing awareness in regards to public-access defibrillators are some other defibrillators market growth determinants. Rapid globalization, changing lifestyle, surge in the level of air pollution and increasing personal disposable income will further generate lucrative defibrillators market growth opportunities.
However, high demand for pharmaceutical drugs and their easy availability will act as a market growth restraint. High prices associated with the devices coupled with unfavourable reimbursement scenario will further derail the defibrillators market growth rate. Lack of knowledge about cardiac arrests in the backward areas and surging product failures and recalls will further pose challenges for the defibrillators market.
This Europe defibrillators market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on Europe defibrillators market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Europe Defibrillators Market Scope and Market Size
The defibrillators market is segmented on the basis of product and end user. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- Based on product, the defibrillators market has been divided into implantable cardioverter defibrillators and external defibrillators. Implantable cardioverter defibrillators segment is sub-segmented into transvenous implantable cardioverter defibrillators and subcutaneous implantable cardioverter defibrillators. Transvenous implantable cardioverter defibrillators segment is further bifurcated into biventricular ICDS/cardiac resynchronization therapy defibrillators, dual-chamber ICDS and single-chamber ICDs. External defibrillators segment is sub-segmented into automated external defibrillators, manual external defibrillators and wearable cardioverter defibrillators. Automated external defibrillators segment is further bifurcated into semi-automated external defibrillators and fully automated external defibrillators.
- Based on the end user, the defibrillators market is segmented into hospitals, clinics, and cardiac centres, pre-hospital care settings, public access markets, home care settings and alternate care facilities.
Europe Defibrillators Market Country Level Analysis
The Europe defibrillators market is analysed and market size insights and trends are provided by country, product and end user as referenced above.
The countries covered in the Europe defibrillators market report are Germany, U.K., France, Spain, Italy, Russia, Turkey, Belgium, Netherlands, Switzerland and Rest of Europe.
Europe region is undergoing substantial gains in regards to the defibrillators market in terms of market share and market revenue and will continue. This is because of the prevailing sophisticated level of healthcare facilities, increasing expenditure for research and development activities and surge in the cases of cardiac diseases. Large patient pool and rising awareness about public-access defibrillators is also driving the market growth in this region.
The country section of the Europe defibrillators market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of regional brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare infrastructure growth installed base and new technology penetration
The Europe defibrillators market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for Europe defibrillators market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the Europe defibrillators market. The data is available for historic period 2010 to 2019.
Competitive Landscape and Europe Defibrillators Market Share Analysis
The Europe defibrillators market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Europe defibrillators market.
The major players covered in the defibrillators market report are Medtronic, Boston Scientific Corporation, Koninklijke Philips N.V., Abbott, NIHON KOHDEN CORPORATION., ZOLL Medical Corporation, BIOTRONIK SE & Co. KG, Shenzhen Mindray Bio-Medical Electronics Co., Ltd., Physio-Control, Inc., LivaNova PLC, SCHILLER, Mindray DS USA, Inc., Mediana Co.,Ltd, Metrax GmbH, FUKUDA DENSHI, Progetti srl, HeartSine Technologies LLC., Defibtech LLC., Asahi Kasei Corporation and Stryker among other domestic and regional players. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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