- April 2021 |
- Healthcare & Pharmaceutical / Health Care
Global Cardiology Defibrillators Devices Sales Market; By Product (Implantable Cardioverter Defibrillator (ICDs), External Defibrillator, Wearable Cardioverter Defibrillator (WCDS), Advanced Life Support Units, Others); By End-User (Hospitals & Clinics and Schools & Other Public Spaces); By Region (North America, Europe, Asia-Pacific (APAC), Latin America (LATAM), Middle-East & Africa (MEA) Trend Analysis, Competitive Market Share & Forecast, 2017-2027
Global Cardiology Defibrillators Devices Sales Market- Industry Trends & Forecast Report 2027
The global cardiology defibrillator devices market was worth USD 9.52 Billion in 2020 and is further projected to reach UD 12.35 Billion by 2027, at a CAGR of 4.1% during 2021-2027 (forecast period). The global cardiology defibrillators devices market is being driven by increasing cases of cardiac disorders among the general population, a significant move toward integrated technology, and increased awareness about cardiac health. Furthermore, hospitals as well as public spaces like schools, railways, hotels, etc., are installing more and more external defibrillators around their premises to deal with casualties of sudden cardiac arrests. This is coming up as a prominent factor behind the rising demand for cardiology defibrillators.
Source: BlueWeave Consulting
Global Cardiology Defibrillators Devices Sales Market - Overview
Cardiology defibrillators are devices that help restore heartbeat at the time of cardiac arrest by sending electric shock waves. Various external defibrillator devices are available in the market. These devices are very useful for high-risk patients who do not have pacemaker implantation operations and are always at risk of ventricular arrhythmia.
The problem of having a slow, fast or uneven heartbeat is known as ‘arrhythmia’. cardiology defibrillator devices are also used as a pacemaker for patients who do not have uniform heartbeats. But only newer defibrillators are embedded with this feature as of now. The demand for Automated External Defibrillators (AEDs) is rising as the government is installing more and more AEDs at public places for people experiencing sudden cardiac arrest.
Global Cardiology Defibrillators Devices Sales Market Forecast and Trends
Effective Outcomes of Implantable Defibrillators is Driving the Market Forward
Healthcare practitioners are increasingly recommending the use of an implantable defibrillator, which in turn is fueling the demand for these devices. Such devices are very useful in a situation when a patient is yet to get surgical implantation and is at high risk of having a cardiac arrest. Furthermore, defibrillators coming up in the market nowadays are more technologically advanced. They are compact in size and lighter in weight with better battery life. This makes it more convenient for patients to wear and increases the accuracy of shock detection.
The Alarming Population of Cardiovascular Diseases Will Further Propel the Market
High blood pressure, diabetes, obesity, and other...