Government initiatives aimed at the betterment of the healthcare sector are expected to propel growth in the global “External Defibrillator Market 2026”. Fortune Business Insights in a report, titled “External Defibrillator: Global Market Analysis, Insights and Forecast, 2019-2026” offers exclusive insights into the market, highlighting opportunities and threats alike. External defibrillator devices are used to deliver shock therapy to patients suffering from sudden cardiac arrests. The growing focus on public access defibrillator or (PAD) by private organizations is expected to drive the market. Also, the rising prevalence of cardiovascular disorders is projected to help expand the global market in the coming years. The global market was worth US$ 3152.5 Mn in 2018 and is projected to reach US$ 6463.0 Mn by 2026. At this pace, the global market will exhibit a CAGR of 9.4% during the forecast period.
Highlights of the Report:
- In-depth analysis of various insights, namely, External Defibrillator Market trends, growth drivers, opportunities, and other related challenges.
- Comprehensive details of key market players, their core competencies, and External Defibrillator Market share.
- The potency of suppliers and buyers to make better business decisions.
- Lists out the market size in terms of volume.
Request a Sample Copy of the Research Report: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/external-defibrillator-market-100949
Key Players Operating in The External Defibrillator Market Include:
Key players are involved in mergers and acquisition to strengthen their market position. Owing to increasing competition frequent innovations are taking place in the market. Some of the companies operating the industry are:
- Asahi Kasei Corporation
- Philips Healthcare
- Defibtech, LLC.
- Cardiac Science
- CU Medical System Inc.
For more information in the analysis of this report, visit: https://www.fortunebusinessinsights.com/industry-reports/external-defibrillator-market-100949
Rapid Advancements in Medical Technology to Help the Market Grow in North America
North America is expected to lead the global external defibrillator market owing to the early adoption of the latest technological advancements in healthcare. Moreover, the market in the region was worth US$ 1690.6 Mn in the year 2018. Rising support from governments and favorable schemes on reimbursements are creating growth opportunities for the market in North America. Also, the region is witnessing more number of external defibrillator installations in hospitals and other public places. This, as a result, is likely to reduce fatalities from cardiac arrests and this is why North America holds a prominent share in the global market. The rise in training programs on Automated External Defibrillator (AED) in this region is also expected to encourage growth in the market.
The market in Asia Pacific is likely to register considerable growth in the forecast years primarily on account of improvements in healthcare infrastructure. This is further expected to result in increasing accessibility of external defibrillator devices. Also, rising prevalence of cardiovascular disorders in Asia Pacific is likely to stimulate growth of the market.
Advancements Incorporated in External Defibrillators to Offer Faster Treatment Spurs Growth
“The demand for handling cardiovascular patients is growing across the world,” said a lead analyst at Fortune Business Insights. “This is further expected to lead to innovations in external defibrillators such as the launch of automated external defibrillator (AED),” he added. These AED devices covered 45.9% share in the global market in 2018 owing to their minimal costs. Also, advancements in external defibrillator are expected to enhance the comfort level of patients by delivering a faster treatment.
More Trending Topics From Fortune Business Insights
Plasma Fractionation Market Worldwide Trends, Growth Factors, Share, Industry Insights, Analysis and 2026 Forecast Research Report
Vaccines Market Opportunities, Top Manufacture, Industry Insights, Global Analysis, Growth, share, Size, Geographical Overview and outlook by 2026
Home Infusion Therapy Market Size, Share, Segmentation, Revenue, Industry Insights and Growth Analysis Forecast to 2026
Vaccines Market 2020: Potential Opportunities, Industry Overview, Insights, Developments, Regional Analysis, Share Forecast to 2026