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The global defibrillator market was valued at USD 13.69 billion in 2022 and growing at a CAGR of 8.47% from 2023 to 2032. The market is expected to reach USD 30.88 billion by 2032. Asia Pacific is expected to increase the fastest during the forecast period.
Defibrillators are medical devices that shock or pulse the heart with electricity to restore regular heartbeat. They prevent or treat an irregular, too slow, or too-fast heartbeat known as an arrhythmia. Defibrillators can also restart a heart that has unexpectedly stopped beating. Defibrillators come in a variety of designs and operate differently. People with a cardiac arrest can be saved using automated external defibrillators (AEDs), which are currently widespread in public places. People who are not trained can use these tools in an emergency. Other defibrillators can stop sudden death when a person is at a high risk of developing a life-threatening arrhythmia. Wearable cardioverter defibrillators (WCDs), worn on the body, and implanted cardioverter defibrillators (ICDs), inserted into the body surgically, are two examples. It can take some time and effort to become accustomed to having a defibrillator in the home, and it's crucial to be aware of any potential problems. A defibrillator gives a heart a restorative shock in fatal situations such as ventricular fibrillation, pulseless ventricular tachycardia, and cardiac arrhythmia. The muscles of the heart are depolarized, and their typical electrical impulse is restored during defibrillation. External defibrillators utilize electrode pads or paddles to identify and treat irregular heartbeats during cardiac arrest. The idea behind defibrillators is the delivery of an electrical shock to the patient's chest. The heart membrane receives impulses. As a result, stabilizes the rhythm of the heartbeat. In emergency medical services, defibrillators are regarded as an efficient resuscitation tool.
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For instance, in August 2019, ZOLL Medical Corporation purchased Cardiac Science Corporation, one of the nation's top AED producers. As a result, ZOLL's line of AED products was expanded, and the company's intentions to expand its AED business internationally were accelerated.
On the other hand, Abbott received CE Mark for its Gallant CRT-D and ICD products in February 2020.
Physio-control International, a producer of defibrillators and vital sign monitors, was purchased by Stryker Corporation in February 2016 for US$1.28 billion.
Geneva Healthcare, a provider of remote monitoring for implantable cardiac devices, was purchased by BioTelemetry, Inc. in January 2019 for US$45 billion. BioTelemetry is a remote and wireless corporation with a focus on health information.
The Philips pre-hospital wireless monitoring solution for an emergency medical response was introduced in the United States in July 2020. The solution is an all-encompassing system that combines cutting-edge hardware and software to broaden the pre-hospital spectrum of treatment for first responders.
The aging population, public AEDs, and rising incidence of cardiac issues - It is anticipated that the market's rise would be driven by the rising frequency of cardiac problems across age groups owing to demands at work, sedentary lifestyles, smoking, drinking, and drug addiction. Atrial fibrillation is becoming more prevalent everywhere. The frequency of people with atrial fibrillation is anticipated to increase. During the projected period, an increasing burden of arrhythmias can boost the market growth. Another market driver is an aging population. Chronic illnesses like cardiovascular diseases are more likely to affect older people. The market is expanding due to rising public AED (automated external defibrillator) usage. As more people become aware of its capability to save lives, many schools, train stations, universities, malls, airports, and recreational infrastructure are deploying the equipment. Anyone can use a defibrillator located in a public area in case of an urgent medical situation. Several nations have installed PADs in public areas as incidents increase.
Advancements in next-generation defibrillators - The market for defibrillators is projected to grow more quickly than anticipated due to improvements in next-generation defibrillators. Market defibrillators help identify and resolve device-related problems. SCA is the most common reason for death worldwide and is potentially fatal. This condition is manageable with early attention and defibrillation. AEDs are the most popular external defibrillators on the market, and they are predicted to expand at the highest rate in the coming years due to the rising number of heart failure patients using them. The demand increased along with the availability of more AEDs. Wearables are currently ahead of manual external defibrillators. The market growth might be boosted in the coming years by S-ICDs, MRI-compatible ICDs, and CRT-Ds.
The regions analyzed for the market include North America, Europe, South America, Asia Pacific, the Middle East, and Africa. North America emerged as the highest in the global defibrillator market, with a share of 37.88% and valued at USD 5.18 billion in 2022. The expansion of the North American market can be linked to initiatives taken by significant businesses, favorable legislation, and highly developed medical facilities in the United States and Canada. For instance, Boston Scientific stated that by the end of 2020, it had deployed about 33,000 Autogen, Incepta, Resonate, Cognis, and Dynagen devices from its CRT-Ds line globally. A strong adoption rate can be seen in the fact that 16,500 of these were registered in the U.S. alone.
North America Region Defibrillator Market Share in 2022 - 37.88%
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The product segment is divided into External Defibrillators (ED) and Implantable Cardioverter Defibrillators (ICD). The Implantable Cardioverter Defibrillators (ICD) segment had the highest market share of 59.03% and was valued at USD 8.08 billion in 2022 in the defibrillator market. The large elderly population in growing economies, the growing product innovations by leading players, and the growing use of this equipment due to the significant occurrence of cardiovascular disorders are the main drivers influencing this market segment. In 2020, Medtronic, for instance, reported sustained adoption and growth of its Claria CRT-D MRI-compatible devices. Along with this, the Crome & Cobalt portfolio of ICDs and CRT-Ds saw significant expansion.
The end-use segment is divided into pre-hospital, alternate care market, hospital, home healthcare, and public access market. The hospital segment had the highest market share of 25.78% and was valued at USD 3.52 billion in 2022 in the defibrillator market. This results from a higher-than-usual frequency of cardiac patients receiving care in hospitals and procedures carried out in healthcare facilities. Hospitals use ICDs and external defibrillators more frequently to treat patients who have suffered sudden cardiac arrest and for other purposes. As of January 2021, Boston Scientific, for instance, reported that approximately 659,000 ICDs had been distributed worldwide. Compared to the 600,000 ICDs issued by January 2020, this figure significantly increased by 59,000, demonstrating a high demand.
Report Description:
| Attribute | Description |
|---|---|
| Market Size | Revenue (USD Billion) |
| Market size value in 2023 | USD 13.69 Billion |
| Market size value in 2032 | USD 30.88 Billion |
| CAGR (2023 to 2032) | 8.47% |
| Historical data | 2020-2021 |
| Base Year | 2022 |
| Forecast | 2023-2032 |
| Regional Segments | The regions analyzed for the market are Europe, Asia Pacific, North America, South America, and Middle East & Africa. |
| Segments | Product, End-use |
As per The Brainy Insights, the size of the defibrillator market was valued at USD 13.69 billion in 2022 & USD 30.88 billion by 2032.
Global defibrillator market is growing at a CAGR of 8.47% during the forecast period 2023-2032.
North America region emerged as the largest market for the defibrillator.
Advancements in next-generation defibrillators is one of the opportunities for the growth of the market.
The market's growth will be influenced by ageing population, public AEDs, and rising incidence of cardiac issues.
1. Introduction
1.1. Objective of the Study
1.2. Market Definition
1.3. Research Scope
1.4. Currency
1.5. Key Target Audience
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
4.1. Porter’s Five Forces Analysis
4.2. Value Chain Analysis
4.3. Top Investment Pockets
4.3.1. Market Attractiveness Analysis By Product
4.3.2. Market Attractiveness Analysis By End-use
4.3.3. Market Attractiveness Analysis By Region
4.4. Industry Trends
5. Market Dynamics
5.1. Market Evaluation
5.2. Drivers
5.2.1. Ageing population, public AEDs, and rising incidence of cardiac issues
5.3. Opportunities
5.3.1. Advancements in next-generation defibrillators
6. Global Defibrillator Market Analysis and Forecast, By Product
6.1. Segment Overview
6.2. External Defibrillators (ED)
6.3. Implantable Cardioverter Defibrillators (ICD)
7. Global Defibrillator Market Analysis and Forecast, By End-use
7.1. Segment Overview
7.2. Pre-Hospital
7.3. Alternate Care Market
7.4. Hospital
7.5. Home Healthcare
7.6. Public Access Market
8. Global Defibrillator Market Analysis and Forecast, By Regional Analysis
8.1. Segment Overview
8.2. North America
8.2.1. U.S.
8.2.2. Canada
8.2.3. Mexico
8.3. Europe
8.3.1. Germany
8.3.2. France
8.3.3. U.K.
8.3.4. Italy
8.3.5. Spain
8.4. Asia-Pacific
8.4.1. Japan
8.4.2. China
8.4.3. India
8.5. South America
8.5.1. Brazil
8.6. Middle East and Africa
8.6.1. UAE
8.6.2. South Africa
9. Global Defibrillator Market-Competitive Landscape
9.1. Overview
9.2. Market Share of Key Players in the Defibrillator Market
9.2.1. Global Company Market Share
9.2.2. North America Company Market Share
9.2.3. Europe Company Market Share
9.2.4. APAC Company Market Share
9.3. Competitive Situations and Trends
9.3.1. Product Launches and Developments
9.3.2. Partnerships, Collaborations, and Agreements
9.3.3. Mergers & Acquisitions
9.3.4. Expansions
10. Company Profiles
10.1. Abbott
10.1.1. Business Overview
10.1.2. Company Snapshot
10.1.3. Company Market Share Analysis
10.1.4. Company Product Portfolio
10.1.5. Recent Developments
10.1.6. SWOT Analysis
10.2. BIOTRONIK SE & Co. KG
10.2.1. Business Overview
10.2.2. Company Snapshot
10.2.3. Company Market Share Analysis
10.2.4. Company Product Portfolio
10.2.5. Recent Developments
10.2.6. SWOT Analysis
10.3. Koninklijke Philips N.V.
10.3.1. Business Overview
10.3.2. Company Snapshot
10.3.3. Company Market Share Analysis
10.3.4. Company Product Portfolio
10.3.5. Recent Developments
10.3.6. SWOT Analysis
10.4. ZOLL Medical Corporation (Asahi Kasei)
10.4.1. Business Overview
10.4.2. Company Snapshot
10.4.3. Company Market Share Analysis
10.4.4. Company Product Portfolio
10.4.5. Recent Developments
10.4.6. SWOT Analysis
10.5. Progetti Srl
10.5.1. Business Overview
10.5.2. Company Snapshot
10.5.3. Company Market Share Analysis
10.5.4. Company Product Portfolio
10.5.5. Recent Developments
10.5.6. SWOT Analysis
10.6. MS Westfalia GmbH
10.6.1. Business Overview
10.6.2. Company Snapshot
10.6.3. Company Market Share Analysis
10.6.4. Company Product Portfolio
10.6.5. Recent Developments
10.6.6. SWOT Analysis
10.7. AXION Ltd.
10.7.1. Business Overview
10.7.2. Company Snapshot
10.7.3. Company Market Share Analysis
10.7.4. Company Product Portfolio
10.7.5. Recent Developments
10.7.6. SWOT Analysis
10.8. MicroPort Scientific Corporation
10.8.1. Business Overview
10.8.2. Company Snapshot
10.8.3. Company Market Share Analysis
10.8.4. Company Product Portfolio
10.8.5. Recent Developments
10.8.6. SWOT Analysis
10.9. CU Medical Systems
10.9.1. Business Overview
10.9.2. Company Snapshot
10.9.3. Company Market Share Analysis
10.9.4. Company Product Portfolio
10.9.5. Recent Developments
10.9.6. SWOT Analysis
10.10. Mediana Co. Ltd.
10.10.1. Business Overview
10.10.2. Company Snapshot
10.10.3. Company Market Share Analysis
10.10.4. Company Product Portfolio
10.10.5. Recent Developments
10.10.6. SWOT Analysis
10.11. Metrax GmbH – PRIMEDIC
10.11.1. Business Overview
10.11.2. Company Snapshot
10.11.3. Company Market Share Analysis
10.11.4. Company Product Portfolio
10.11.5. Recent Developments
10.11.6. SWOT Analysis
10.12. Avive Solutions Inc.
10.12.1. Business Overview
10.12.2. Company Snapshot
10.12.3. Company Market Share Analysis
10.12.4. Company Product Portfolio
10.12.5. Recent Developments
10.12.6. SWOT Analysis
10.13. HeartHero Inc.
10.13.1. Business Overview
10.13.2. Company Snapshot
10.13.3. Company Market Share Analysis
10.13.4. Company Product Portfolio
10.13.5. Recent Developments
10.13.6. SWOT Analysis
10.14. Medtronic
10.14.1. Business Overview
10.14.2. Company Snapshot
10.14.3. Company Market Share Analysis
10.14.4. Company Product Portfolio
10.14.5. Recent Developments
10.14.6. SWOT Analysis
10.15. Schiller AG
10.15.1. Business Overview
10.15.2. Company Snapshot
10.15.3. Company Market Share Analysis
10.15.4. Company Product Portfolio
10.15.5. Recent Developments
10.15.6. SWOT Analysis
10.16. Bexen Cardio
10.16.1. Business Overview
10.16.2. Company Snapshot
10.16.3. Company Market Share Analysis
10.16.4. Company Product Portfolio
10.16.5. Recent Developments
10.16.6. SWOT Analysis
10.17. METsis Medikal
10.17.1. Business Overview
10.17.2. Company Snapshot
10.17.3. Company Market Share Analysis
10.17.4. Company Product Portfolio
10.17.5. Recent Developments
10.17.6. SWOT Analysis
10.18. BPL Medical Technologies
10.18.1. Business Overview
10.18.2. Company Snapshot
10.18.3. Company Market Share Analysis
10.18.4. Company Product Portfolio
10.18.5. Recent Developments
10.18.6. SWOT Analysis
10.19. Jeevtronics Pvt. Ltd.
10.19.1. Business Overview
10.19.2. Company Snapshot
10.19.3. Company Market Share Analysis
10.19.4. Company Product Portfolio
10.19.5. Recent Developments
10.19.6. SWOT Analysis
10.20. Shenzhen Comen Medical Instruments Ltd.
10.20.1. Business Overview
10.20.2. Company Snapshot
10.20.3. Company Market Share Analysis
10.20.4. Company Product Portfolio
10.20.5. Recent Developments
10.20.6. SWOT Analysis
10.21. Boston Scientific Corporation
10.21.1. Business Overview
10.21.2. Company Snapshot
10.21.3. Company Market Share Analysis
10.21.4. Company Product Portfolio
10.21.5. Recent Developments
10.21.6. SWOT Analysis
10.22. Nihon Kohden Corporation
10.22.1. Business Overview
10.22.2. Company Snapshot
10.22.3. Company Market Share Analysis
10.22.4. Company Product Portfolio
10.22.5. Recent Developments
10.22.6. SWOT Analysis
10.23. Element Science Inc.
10.23.1. Business Overview
10.23.2. Company Snapshot
10.23.3. Company Market Share Analysis
10.23.4. Company Product Portfolio
10.23.5. Recent Developments
10.23.6. SWOT Analysis
10.24. AMI Italia
10.24.1. Business Overview
10.24.2. Company Snapshot
10.24.3. Company Market Share Analysis
10.24.4. Company Product Portfolio
10.24.5. Recent Developments
10.24.6. SWOT Analysis
10.25. Stryker
10.25.1. Business Overview
10.25.2. Company Snapshot
10.25.3. Company Market Share Analysis
10.25.4. Company Product Portfolio
10.25.5. Recent Developments
10.25.6. SWOT Analysis
10.26. Mindray Medical International Ltd.
10.26.1. Business Overview
10.26.2. Company Snapshot
10.26.3. Company Market Share Analysis
10.26.4. Company Product Portfolio
10.26.5. Recent Developments
10.26.6. SWOT Analysis
List of Table
1. Global Defibrillator Market, By Product, 2019-2032 (USD Billion)
2. Global External Defibrillators (ED), Defibrillator Market, By Region, 2019-2032 (USD Billion)
3. Global Implantable Cardioverter Defibrillators (ICD), Defibrillator Market, By Region, 2019-2032 (USD Billion)
4. Global Defibrillator Market, By End-use, 2019-2032 (USD Billion)
5. Global Pre-Hospital, Defibrillator Market, By Region, 2019-2032 (USD Billion)
6. Global Alternate Care Market, Defibrillator Market, By Region, 2019-2032 (USD Billion)
7. Global Hospital, Defibrillator Market, By Region, 2019-2032 (USD Billion)
8. Global Home Healthcare, Defibrillator Market, By Region, 2019-2032 (USD Billion)
9. Global Public Access Market, Defibrillator Market, By Region, 2019-2032 (USD Billion)
10. Global Defibrillator Market, By Region, 2019-2032 (USD Billion)
11. North America Defibrillator Market, By Product, 2019-2032 (USD Billion)
12. North America Defibrillator Market, By End-use, 2019-2032 (USD Billion)
13. U.S. Defibrillator Market, By Product, 2019-2032 (USD Billion)
14. U.S. Defibrillator Market, By End-use, 2019-2032 (USD Billion)
15. Canada Defibrillator Market, By Product, 2019-2032 (USD Billion)
16. Canada Defibrillator Market, By End-use, 2019-2032 (USD Billion)
17. Mexico Defibrillator Market, By Product, 2019-2032 (USD Billion)
18. Mexico Defibrillator Market, By End-use, 2019-2032 (USD Billion)
19. Europe Defibrillator Market, By Product, 2019-2032 (USD Billion)
20. Europe Defibrillator Market, By End-use, 2019-2032 (USD Billion)
21. Germany Defibrillator Market, By Product, 2019-2032 (USD Billion)
22. Germany Defibrillator Market, By End-use, 2019-2032 (USD Billion)
23. France Defibrillator Market, By Product, 2019-2032 (USD Billion)
24. France Defibrillator Market, By End-use, 2019-2032 (USD Billion)
25. U.K. Defibrillator Market, By Product, 2019-2032 (USD Billion)
26. U.K. Defibrillator Market, By End-use, 2019-2032 (USD Billion)
27. Italy Defibrillator Market, By Product, 2019-2032 (USD Billion)
28. Italy Defibrillator Market, By End-use, 2019-2032 (USD Billion)
29. Spain Defibrillator Market, By Product, 2019-2032 (USD Billion)
30. Spain Defibrillator Market, By End-use, 2019-2032 (USD Billion)
31. Asia Pacific Defibrillator Market, By Product, 2019-2032 (USD Billion)
32. Asia Pacific Defibrillator Market, By End-use, 2019-2032 (USD Billion)
33. Japan Defibrillator Market, By Product, 2019-2032 (USD Billion)
34. Japan Defibrillator Market, By End-use, 2019-2032 (USD Billion)
35. China Defibrillator Market, By Product, 2019-2032 (USD Billion)
36. China Defibrillator Market, By End-use, 2019-2032 (USD Billion)
37. India Defibrillator Market, By Product, 2019-2032 (USD Billion)
38. India Defibrillator Market, By End-use, 2019-2032 (USD Billion)
39. South America Defibrillator Market, By Product, 2019-2032 (USD Billion)
40. South America Defibrillator Market, By End-use, 2019-2032 (USD Billion)
41. Brazil Defibrillator Market, By Product, 2019-2032 (USD Billion)
42. Brazil Defibrillator Market, By End-use, 2019-2032 (USD Billion)
43. Middle East and Africa Defibrillator Market, By Product, 2019-2032 (USD Billion)
44. Middle East and Africa Defibrillator Market, By End-use, 2019-2032 (USD Billion)
45. UAE Defibrillator Market, By Product, 2019-2032 (USD Billion)
46. UAE Defibrillator Market, By End-use, 2019-2032 (USD Billion)
47. South Africa Defibrillator Market, By Product, 2019-2032 (USD Billion)
48. South Africa Defibrillator Market, By End-use, 2019-2032 (USD Billion)
List of Figures
1. Global Defibrillator Market Segmentation
2. Defibrillator Market: Research Methodology
3. Market Size Estimation Methodology: Bottom-Up Approach
4. Market Size Estimation Methodology: Top-Down Approach
5. Data Triangulation
6. Porter’s Five Forces Analysis
7. Value Chain Analysis
8. Global Defibrillator Market Attractiveness Analysis By Product
9. Global Defibrillator Market Attractiveness Analysis By End-use
10. Global Defibrillator Market Attractiveness Analysis By Region
11. Global Defibrillator Market: Dynamics
12. Global Defibrillator Market Share by Product (2023 & 2032)
13. Global Defibrillator Market Share by End-use (2023 & 2032)
14. Global Defibrillator Market Share by Regions (2023 & 2032)
15. Global Defibrillator Market Share by Company (2022)
This study forecasts revenue at global, regional, and country levels from 2019 to 2032. The Brainy Insights has segmented the global defibrillator market based on below mentioned segments:
Global Defibrillator Market by Product:
Global Defibrillator Market by End-use:
Global Defibrillator Market by Region:
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