The latest research study “External Defibrillators Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” by IMARC Group, finds the global external defibrillators market reached a value of US$ 2.84 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 4.58 Billion by 2027, exhibiting a CAGR of 8.10% during 2022-2027.
Covid-19 Impact:
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
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Industry Definition and Application:
External defibrillators are compact devices designed to treat individuals experiencing sudden cardiac arrests (SCA). They examine the heart rhythm and deliver an electric shock to reinstate normal heart rhythm. They consist of a battery and pad electrodes vital for the external defibrillators to detect and interpret an electrocardiogram. They are even used by non-medical individuals, including police officers, flight attendants, teachers, lifeguards, bystanders, and family members of high-risk persons.
Global External Defibrillators Market Trends and Drivers:
One of the primary factors driving the market is the extensive prevalence of out-of-hospital cardiac arrest (OHCA), determined by the absence of systemic circulation and the loss of mechanical cardiac functions. Additionally, the rising instances of people suffering from diabetes, hypertension, and obesity due to physical inactivity, rising consumption of alcohol and tobacco, and unhealthy diet is propelling the market growth. Besides this, external defibrillators are widely being installed in public areas, including shopping malls, businesses, hotels, sports venues, offices, convention centers, aircraft, and schools. Furthermore, some external defibrillators are equipped with a pediatric attenuator system to minimize the delivered energy to a dose suitable for children, thus catalyzing the market growth. Along with this, advanced external defibrillators are easy to operate, economical, and safe for users, which is expected to create a positive market outlook in the near future.
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External Defibrillators Market Report Scope |
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Report Coverage |
Details |
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Market size value in 2021 |
US$ 2.84 Billion |
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Market forecast in 2027 |
US$ 4.58 Billion |
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Growth Rate |
CAGR of 8.10% from 2022 to 2027 |
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Base year for estimation |
2021 |
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Historical data |
2016-2021 |
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Forecast period |
2022-2027 |
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Report coverage |
Revenue forecast, company ranking, competitive landscape, growth factors, and trends |
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Segments covered |
Product Type, End User and Region |
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Regional scope |
North America, Europe, Asia-Pacific, Latin America, Middle East and Africa |
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Key companies profiled |
BPL Medical Technologies Private Limited, corpuls, CU Medical Germany GmbH, Defibtech LLC, Koninklijke Philips N.V., MEDIANA Co. Ltd., Nihon Kohden Corporation, Schiller AG, Shenzhen Mindray Bio-Medical Electronics Co. Ltd., Stryker Corporation and ZOLL Medical Corporation (Asahi Kasei Corporation). |
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Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period, |
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Customization preview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Report Segmentation:
The report has been segmented the market into following categories:
Breakup by Product Type:
- Manual External Defibrillator
- Automated External Defibrillator
- Semi-Automated External Defibrillator
- Fully Automated Defibrillator
- Wearable Cardioverter Defibrillator
Breakup by End User:
- Hospitals
- Pre-Hospitals
- Public Access Market
- Alternate Care Market
- Home Healthcare
By Geography:
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
List of Major Key Players:
The major players in the market are BPL Medical Technologies Private Limited, corpuls, CU Medical Germany GmbH, Defibtech LLC, Koninklijke Philips N.V., MEDIANA Co. Ltd., Nihon Kohden Corporation, Schiller AG, Shenzhen Mindray Bio-Medical Electronics Co. Ltd., Stryker Corporation and ZOLL Medical Corporation (Asahi Kasei Corporation).
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
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