Defibrillator Market is estimated to account for over US$ 9.9 Billion by 2019. The market is anticipated to grow at a CAGR of ~4% from 2019 to 2030.
The market growth of the defibrillator market can be attributed to several factors, which has led to its wide-scale adoption. The incidences & prevalence of cardiac disorders, growing focus on providing public-access defibrillators and technological advancements in defibrillators are anticipated to further contribute to substantial market growth between 2019 and 2030. However, issues related to the use of implantable & automated external defibrillators and frequent product recalls are likely to restrain market growth to a certain extent.
Major Key Players of the Defibrillator Market are:
Boston Scientific, Koninklijke Philips N.V, ZOLL Medical Corporation, SCHILLER, Shenzhen Mindray Bio-Medical Electronics Co., Ltd., Medtronic, NIHON KOHDEN CORPORATION., Physio-Control, METsis Medikal Ltd., Metrax GmbH, among others.
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