According to the report published by the Market Research Store, global demand for the Additional Defibrillator Accessories market was estimated at approximately USD 3,000.6 Million in 2020 and is expected to generate revenue of around USD 5,142.7 Million by end of 2026, growing at a CAGR of around 7.4% between 2021 and 2026.
Additional Defibrillator Accessories Market: Overview
Defibrillation is a curing process used in a life-threatening condition that affects the rhythm of the heart such as ventricular fibrillation, cardiac arrhythmia, and pulseless ventricular tachycardia. This treatment involves an electric shock given to the heart resulting in depolarization of the heart muscles that leads to the usual transmission of the heart’s electrical impulse. In this treatment, a defibrillator device is used to bring an electric shock to the heart. It is a significant checkup device used in cardiopulmonary resuscitation (CPR).
Defibrillation is specified in certain types of cardiac dysrhythmias that are pulse-less ventricular tachycardia and ventricular fibrillation (VF). Defibrillation is not specified when the heart has totally stopped working as in asystole or pulseless electrical activity (PEA). It needs to be delivered with appropriate and suitable care as improperly specified electrical shocks can direct to risky dysrhythmias, such as ventricular fibrillation.
| REPORT SNAPSHOT & REPORTING DATA TIMEFRAME | |
|---|---|
| Parameter | Details |
| Historical Date ( Actual Data) | 2016 - 2020 |
| Base Year Data | 2020 |
| Current Year Data | 2021 |
| Projected Data | 2021 - 2026 |
Additional Defibrillator accessories Market: Growth factor
Due to the rising adoption of superior defibrillator devices in hospitals and cardiac centers, the global additional defibrillator accessories market is growing. The key factors of the additional defibrillator accessories market are growing incidences of heart diseases, quick growth in the old aged population having a high risk of cardiac diseases, expanding initiative from both private and public sectors for public access defibrillation. Technological development and initiative in significant industries expanding innovative and cost-effective defibrillators and accessories are boosting the global market of additional defibrillator accessories. Rising awareness among individuals about the lifeguarding capacity of defibrillators has produced major demand for defibrillators and accessories. However, high costs of defibrillator devices act as a key restraint in the additional defibrillator accessories market.
Additional Defibrillator Accessories Market: Segmentation
On the basis of product type, the additional defibrillator accessories market is divided into T-ICDs, S-ICDs, CRT-D, MED, AED, and WCD. Based on the end-user industry, the market is segmented into Hospitals and clinics, Pre-hospital, Public Access, Alternate Care, and Home. The hospitals and clinics sector is expected to hold the largest market share.
Additional Defibrillator Accessories Market: Regional Analysis
The global additional defibrillator accessories market has been divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Here, North America is considered the largest shareholding of the additional defibrillator accessories market. Increasing occurrences of cardiovascular diseases, high incidence of cardiac arrest, rising demand for proper health care are boosting the market growth in North America.
The Asia Pacific is observed as the fastest-growing market due to increasing incidences of sudden cardiac arrest, high requirement for defibrillators, rising prevalence of heart diseases, and initiative by the major players on the industrial growth of highly developed cost-effective defibrillators and accessories. In Asia Pacific regions, awareness programs take place regarding cardiac arrest and treatment of advanced defibrillator devices which is likely to enhance the additional defibrillator accessories market.
Additional Defibrillator Accessories Market: Competitive Players
The major key manufacturers in additional defibrillator accessories involve Koninklijke Philips N.V., Defibtech, LLC, ZOLL Medical Corporation, Heartshine Technologies, Medtronic plc, Nihon Kohden Corporation, Asahi Kasei Corporation, Boston Scientific Corporation, Cardiac Science Corporation, LivaNova PLC, and Others.
For example, In 2018, HeartSine Gateway allowed AED program managers to voluntarily manage a fleet of HeartSine AEDs in single or multiple locations by providing remote readiness details about each AED.
Additional Defibrillator Accessories Market: By Product
Additional Defibrillator Accessories Market: By End-User
Additional Defibrillator Accessories Market: Regional Segmentation Analysis
Frequently Asked Questions
What are the key factors driving additional defibrillator accessories market expansion?
Due to the rising adoption of superior defibrillator devices in hospitals and cardiac centres, the global additional defibrillator accessories market is growing. The key factors of the additional defibrillator accessories market is growing incidences of heart diseases, quick growth in old aged population having high risk of cardiac diseases, expanding initiative from both private and public sectors for public access defibrillation.
What will be the value of additional defibrillator accessories market during 2021 - 2026?
According to the report published by the Market Research Store, global demand for the Additional Defibrillator Accessories market was estimated at approximately USD 3,000.6 Million in 2020 and is expected to generate revenue of around USD 5,142.7 Million by end of 2026, growing at a CAGR of around 7.4% between 2021 and 2026.
Which region will make notable contributions towards global additional defibrillator accessories market revenue?
North America is considered as the largest share holding of the additional defibrillator accessories market. Increasing occurrences of cardiovascular diseases, high incidence of cardiac arrest, rising demand for proper health care are boosting the market growth in North America.
What are the key players leveraging additional defibrillator accessories market growth?
The major key manufacturers in additional defibrillator accessories involve Koninklijke Philips N.V., Defibtech, LLC, ZOLL Medical Corporation, Heartshine Technologies, Medtronic plc, Nihon Kohden Corporation, Asahi Kasei Corporation, Boston Scientific Corporation, Cardiac Science Corporation, LivaNova PLC and Others.
Additional Defibrillator Accessories
Additional Defibrillator Accessories
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