|Hospital and Pre-Hospital External Defibrillator Market by Type (Manual External Defibrillator and Automated External Defibrillator), and End User (Hospitals and Pre-hospitals): Global Opportunity Analysis and Industry Forecast, 2018 – 2025|
|Hospital and Pre-Hospital External Defibrillator Market Overview:
The hospital and pre-hospital external defibrillators market was valued at $2,260 million in 2017 and is projected to reach $3,737 million by 2025, growing at a CAGR of 6.4% during the forecast period. In terms of volume, the hospital and pre-hospital external defibrillators market accounted for 727 thousand units in 2017 and is projected to reach 1,364 thousand units by 2025, growing at a CAGR of 8.1% during the forecast period.
External defibrillators are light weight and portable devices used to deliver therapeutic shock to a patients heart in life-threatening conditions, such as ventricular fibrillation, cardiac arrhythmia, and pulseless ventricular tachycardia. These devices are important to deliver a rapid response to the victims of cardiac arrest.
The external defibrillators market for hospital and pre-hospital is expected to experience significant growth owing to rapid rise in geriatric population with elevated risk of cardiovascular diseases, increase in incidence of cardiovascular diseases, and high presence of unmet medical needs especially in untapped economies, during the forecast period. However, limited insurance coverage and high cost of defibrillators is projected to impede the market growth. However, lucrative opportunities in emerging economies and surge in adoption of external defibrillators in hospital & pre-hospital treatment provide growth opportunities during the forecast period.
The global hospital and pre-hospital external defibrillators market is segmented into type, end user, and region. According to type, the market is bifurcated into manual external defibrillator and automated external defibrillator. Based on end user, the market is categorized into hospital (general wards, ICU, emergency room, and others) and pre-hospital (EMS, fire department, police, private transport companies, and others). Based on region, the market is studied across North America (U.S., and Canada), Latin America (Brazil and Mexico), Europe (Germany, France, the UK, Italy, Spain, Poland, and rest of Europe), Asia-Pacific (China, Japan, India, Australia, South Korea and rest of Asia-Pacific), and the Middle East and Africa (Saudi Arabia, South Africa, and rest of Middle East and Africa).
Key Benefits for Hospital and Pre-Hospital External Defibrillator Market:
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The study provides an in-depth analysis of the market along with the current trends and future estimations to elucidate the imminent investment pockets.
Hospital And Pre-hospital External Defibrillator Market Key Market Segments:
By End User
List of Key Players Profiled in the Report
Asahi Kasei Corporation
List Of Other Players in the Value Chain (These players are not profiled in the report. The same will be included on request.)
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Kritarth Arun (Marketing & Sales)