External Defibrillators Market Expected to Exhibit Growth Moderately, Increasing Emphasis on Early Detection of Diseases to Stoke Demand
The global external defibrillator market is anticipated to
reach USD 6463.0 Million by 2026, exhibiting a CAGR of 9.4% between 2019 and
2026. External defibrillators are used to detect and treat cardiac arrhythmia
via electric pulses. These medical devices deliver therapeutic shock to
patients suffering from life-threating conditions such as cardiac arrhythmia,
ventricular fibrillation and others.
The rising prevalence of cardiovascular diseases is expected
to drive the market in the forecast years. With the advent of technological
developments for instance, introduction of automated external defibrillators
along with increasing investments from private players helps the market to grow
at a considerable rate. As per a research conducted by the Sudden Cardiac
Arrest Foundation or SCAF, around 3,56,000 people in the U.S. suffered from
out-of-hospital cardiac arrest (OHCA). This shows that the demand for external
defibrillators is expected to increase in the forecast years.
The External Defibrillator Market sample report includes an
exclusive analysis of the COVID-19 pandemic on the market space under scrutiny.
The sample represents the format of the overall study which is designed to
provide clarity on the structure of the report and some data points
demonstrated in an attempt to provide insights into the study quality.
Sample PDF Copy: https://www.fortunebusinessinsights.com/industry-reports/external-defibrillator-market-100949
As per the report, some of the leading players operating
in the global external defibrillator market include:
·
Asahi
Kasei Corporation
·
Stryker
·
Defibtech,
LLC.
·
CU Medical
System Inc.
·
Cardiac
Science
As per the World Health Organization (WHO), around 17.7
million people died of Cardiovascular diseases in the year 2017. This shows
that there is a rising need for early detection of such chronic diseases. This,
as a result, is expected to fuel demand for external defibrillator medicine,
thereby driving the market.
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