Global Cardioverter Defibrillator Devices Market Size, Share, Growth, Global Trends, Industry Analysis and Forecast to 2027

Price: 3200/- USD | Published Date: April 8, 2021 |

The global cardioverter defibrillator devices market size is expected to grow at a CAGR of 5.1% during the forecast period from 2021 to 2027 and estimated to reach over USD 13,300 million by 2027. The rising prevalence of cardiac complication worldwide associated with cardiac arrhythmias primarily drives the market growth. According to the latest research citings presented by the National Institute for Health (NIH), in the last 20 years the number of cases associated with atrial fibrillation has increased by almost 33% throughout the globe.

Cardioverter defibrillator devices are employed for saving the lives of patients who are at a high risk of suffering with ventricular tachycardia. In this condition, the heart chambers are unable to contract which causes cardiac arrest within few minutes eventually leading to sudden cardiac arrest. Technological advancement in the cardioverter defibrillator devices will drastically reduce the mortality rate associated with cardiac disorders.

Market Segment Insights:

Implantable cardioverter-defibrillator is representing the largest market share in the type segment for the cardioverter defibrillator devices market. According to the recent statistics provided by the World Health Organization (WHO), sudden cardiac death and arrhythmias are responsible for 15 to 20% of all known deaths throughout the globe. The ergonomic features associated with its market dominance are miniaturization of devices, simplified implantation procedure, and elimination of the leads implanted in the veins or the heart. Over the years the global healthcare regulatory authorities have expedited their early CE approval process and certified them as MRI safe. External cardioverter-defibrillator devices are going to register rampant market growth during the forecast period due to its diverse mode of function such as manual and automated. They are widely employed for the resuscitation purpose in cases of sudden cardiac arrest, additionally, advancement in the operating software and mitigating the risk of infections associated with implantable devices has increased its popularity amongst the cardiologist worldwide.

Cardioverter Defibrillator Devices Market Size and Forecast

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Hospital & clinics are presently leading the end-user segment for cardioverter defibrillator devices market. Significant increase in the number of inpatients admission in primary healthcare centers across the globe to undergo surgical procedures for the implantable cardioverter defibrillator devices. Ambulatory surgical centers are expected to register exemplary market growth in the near future on account of the increasing demand for minimally invasive surgical procedures and government initiatives to promote ASC’s to reduce the healthcare cost burden associated with hospitals and clinics worldwide.

The cardioverter defibrillator devices comprehensive study offers an in-depth analysis of industry trends, market size, competitive analysis, and market forecast – 2020 to 2027. Research Corridor report provides detailed premium insight into the global market and reveals the potential revenue streams, commercial prospects, market drivers, challenges, opportunities, issues, and events affecting the industry. In addition, the report has a dedicated section covering market forecasts and analysis for leading geographies, profiles of major companies operating in the market and expert opinion obtained from interviews with industry executives and experts from prominent companies.

Historical & Forecast Period

  • 2018-19 – Historical Year
  • 2020 – Base Year
  • 2021-2027 – Forecast Period

Global Cardioverter Defibrillator Devices Market Segmentation:

By Type:

  • Implantable Cardioverter Defibrillator
  • External Cardioverter Defibrillator

By End-User:

  • Hospital & Clinics
  • Ambulatory Surgical Centers
  • Others

By Region:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Geographic Coverage:

North America is currently dominating the geography segment for the cardioverter defibrillator devices market. The rising prevalence of cardiovascular complications in the adult population primarily drives the market growth in the region. As per the latest research citings presented by the Center for Disease Control and Prevention (CDC), approximately 30.3 million adults in the United States are diagnosed with heart disease. Domicile of key players such as Boston Scientific Corporation, Medtronic, Plc., Abbott Laboratories, Inc., Cardiac Science Corporation etc. further accelerate the market growth in the region. Europe is placed in the second position owing to the growing incidence of cardiac arrhythmias in the geriatric population in the region. The Asia Pacific is anticipated to be the fastest-growing segment in the regional segment for the cardioverter-defibrillator devices market. Increasing medical tourism and developing healthcare infrastructure together determine the market growth in the Asia Pacific region.

Market Competition Assessment:

Key players operating in the global cardioverter defibrillator devices market are Boston Scientific Corporation, Medtronic, Plc., Koninklijke Philips, Abbott Laboratories, Inc., and Biotronik AG. Companies are exploring markets by expansion, new investment, the introduction of new services, and collaboration as their preferred strategies. Players are exploring new geography through expansion and acquisition to gain a competitive advantage through joint synergy.

List of Key Companies:

  • Boston Scientific Corporation
  • Medtronic, Plc.
  • Koninklijke Philips
  • Abbott Laboratories, Inc.
  • Biotronik AG
  • Stryker Corporation
  • Cardiac Science Corporation
  • Nihon Kohden Corporation
  • Progetti Srl
  • Defibtech LLC

Key Questions Answered by Cardioverter Defibrillator Devices Market Report:

  • Global cardioverter defibrillator devices market forecasts from 2021-2027
  • Regional cardioverter defibrillator devices market forecasts from 2021-2027 covering Asia-Pacific, North America, Europe, Middle East and Africa, and Latin America
  • Country-level forecasts from 2021-2027 covering 15 major countries from the aforementioned regions
  • Cardioverter defibrillator devices submarket forecasts from 2021-2027 covering the market by type, by end-user, and geography
  • Various industry models such as SWOT analysis, Value Chain Analysis pertaining to cardioverter defibrillator devices market
  • Analysis of the key factors driving and restraining the growth of the global, regional and country-level cardioverter-defibrillator devices markets from 2021-2027
  • Competitive Landscape and market positioning of top 10 players operating in the cardioverter-defibrillator devices market
Table of Content:

Chapter 1. Introduction


1.1. Objectives of the Study
1.2. Market Definition
1.3. Market Scope
1.3.1. Market Segmentation
1.3.2. Years Considered for the Study
1.4. Currency
1.5. Limitation
1.6. Market Stakeholders

 

Chapter 2. Research Methodology


2.1. Market Size Estimation
2.2. Market Breakdown and Data Triangulation
2.3. Market Share Estimation
2.4. Key Data From Secondary Sources
2.5. Key Data From Primary Sources
2.6. Key Industry Insights
2.7. Assumptions for the Study

 

Chapter 3. Executive Summary


3.1. Global Cardioverter Defibrillator Devices Market Snapshot
3.2. Global Cardioverter Defibrillator Devices Market, by Type, 2020 (US$ Mn)
3.3. Global Cardioverter Defibrillator Devices Market, By End Users, 2020 (US$ Mn)
3.4. Global Cardioverter Defibrillator Devices Market, by Geography, 2020 (US$ Mn)

 

Chapter 4. Cardioverter Defibrillator Devices Market: Dynamics and Future Outlook


4.1. Market Overview
4.2. Drivers
4.3. Challenges
4.4. Opportunities
4.5. Attractive Investment Proposition, by Geography, 2019

 

Chapter 5. Global Cardioverter Defibrillator Devices Market, by Type


5.1. Introduction
5.2. Implantable Cardioverter Defibrillator
5.3. External Cardioverter Defibrillator

 

Chapter 6. Global Cardioverter Defibrillator Devices Market, By End Users


6.1. Introduction
6.2. Hospital & Clinics
6.3. Ambulatory Surgical Centers
6.4. Others

 

Chapter 7. Global Cardioverter Defibrillator Devices Market, by Geography


7.1. Introduction
7.1. North America Cardioverter Defibrillator Devices Market Analysis, 2017 – 2027
7.1.1. North America Cardioverter Defibrillator Devices Market, by Type, 2017 – 2027 (US$ Mn)
7.1.2. North America Cardioverter Defibrillator Devices Market, By End Users, 2017 – 2027 (US$ Mn)
7.1.3. North America Cardioverter Defibrillator Devices Market, by Country, 2017 – 2027 (US$ Mn)
7.1.3.1. U.S.
7.1.3.2. Canada
7.2. Europe Cardioverter Defibrillator Devices Market Analysis, 2017 – 2027
7.2.1. Europe Cardioverter Defibrillator Devices Market, by Type, 2017 – 2027 (US$ Mn)
7.2.2. Europe Cardioverter Defibrillator Devices Market, By End Users, 2017 – 2027 (US$ Mn)
7.2.3. Europe Cardioverter Defibrillator Devices Market, by Country, 2017 – 2027 (US$ Mn)
7.2.3.1. U.K.
7.2.3.2. Germany
7.2.3.3. Russia
7.2.3.4. France
7.2.3.5. Italy
7.2.3.6. Spain
7.2.3.7. Ukraine
7.2.3.8. Rest of Europe
7.3. Asia Pacific Cardioverter Defibrillator Devices Market Analysis, 2017 – 2027
7.3.1. Asia Pacific Cardioverter Defibrillator Devices Market, by Type, 2017 – 2027 (US$ Mn)
7.3.2. Asia Pacific Cardioverter Defibrillator Devices Market, By End Users, 2017 – 2027 (US$ Mn)
7.3.3. Asia Pacific Cardioverter Defibrillator Devices Market, by Country, 2017 – 2027 (US$ Mn)
7.3.3.1. China
7.3.3.2. Japan
7.3.3.3. Rest of Asia Pacific
7.4. Latin America Cardioverter Defibrillator Devices Market Analysis, 2017 – 2027
7.4.1. Latin America Cardioverter Defibrillator Devices Market, by Type, 2017 – 2027 (US$ Mn)
7.4.2. Latin America Cardioverter Defibrillator Devices Market, By End Users, 2017 – 2027 (US$ Mn)
7.4.3. Latin America Cardioverter Defibrillator Devices Market, by Country, 2017 – 2027 (US$ Mn)
7.4.3.1. Brazil
7.4.3.2. Mexico
7.4.3.3. Rest of Latin America
7.5. Middle East and Africa Cardioverter Defibrillator Devices Market Analysis, 2017 – 2027
7.5.1. MEA Cardioverter Defibrillator Devices Market, by Type, 2017 – 2027 (US$ Mn)
7.5.2. MEA Cardioverter Defibrillator Devices Market, By End Users, 2017 – 2027 (US$ Mn)
7.5.3. MEA Cardioverter Defibrillator Devices Market, by Country/Region, 2017 – 2027 (US$ Mn)
7.5.3.1. GCC
7.5.3.2. Rest of MEA

 

Chapter 8. Company Profiles


8.1. Boston Scientific Corporation
8.1.1. Business Description
8.1.2. Financial Information (Subject to data availability)
8.1.3. Product Portfolio
8.1.4. Recent Developments
8.1.5. SWOT Analysis
8.2. Medtronic, Plc.
8.3. Koninklijke Philips
8.4. Abbott Laboratories, Inc.
8.5. Biotronik AG
8.6. Stryker Corporation
8.7. Cardiac Science Corporation
8.8. Nihon Kohden Corporation
8.9. Progetti Srl
8.10. Defibtech LLC

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List of Figures:

FIG. 1 Cardioverter Defibrillator Devices: Market Segmentation
FIG. 2 Global Cardioverter Defibrillator Devices Market, by Type, 2019 (US$ Mn)
FIG. 3 Global Cardioverter Defibrillator Devices Market, By End Users, 2019 (US$ Mn)
FIG. 4 Global Cardioverter Defibrillator Devices Market, by Geography, 2019 (US$ Mn)
FIG. 5 Attractive Investment Proposition: by Geography, 2019
FIG. 6 Global Implantable Cardioverter Defibrillator Devices Market, 2017 – 2027 (US$ Mn)
FIG. 7 Global External Cardioverter Defibrillator Devices Market, 2017 – 2027 (US$ Mn)
FIG. 8 Global Hospital & Clinics Market for Cardioverter Defibrillator Devices, 2017 – 2027 (US$ Mn)
FIG. 9 Global Ambulatory Surgical Centers Market for Cardioverter Defibrillator Devices, 2017 – 2027 (US$ Mn)
FIG. 10 Global Other End Users Market for Cardioverter Defibrillator Devices, 2017 – 2027 (US$ Mn)
FIG. 11 U.S. Cardioverter Defibrillator Devices Market, 2017 – 2027 (US$ Mn)
FIG. 12 Canada Cardioverter Defibrillator Devices Market, 2017 – 2027 (US$ Mn)
FIG. 13 U.K. Cardioverter Defibrillator Devices Market, 2017 – 2027 (US$ Mn)
FIG. 14 Germany Cardioverter Defibrillator Devices Market, 2017 – 2027 (US$ Mn)
FIG. 15 Russia Cardioverter Defibrillator Devices Market, 2017 – 2027 (US$ Mn)
FIG. 16 France Cardioverter Defibrillator Devices Market, 2017 – 2027 (US$ Mn)
FIG. 17 Italy Cardioverter Defibrillator Devices Market, 2017 – 2027 (US$ Mn)
FIG. 18 Spain Cardioverter Defibrillator Devices Market, 2017 – 2027 (US$ Mn)
FIG. 19 Ukraine Cardioverter Defibrillator Devices Market, 2017 – 2027 (US$ Mn)
FIG. 20 Rest of Europe Cardioverter Defibrillator Devices Market, 2017 – 2027 (US$ Mn)
FIG. 21 China Cardioverter Defibrillator Devices Market, 2017 – 2027 (US$ Mn)
FIG. 22 Japan Cardioverter Defibrillator Devices Market, 2017 – 2027 (US$ Mn)
FIG. 23 Rest of Asia Pacific Cardioverter Defibrillator Devices Market, 2017 – 2027 (US$ Mn)
FIG. 24 Brazil Cardioverter Defibrillator Devices Market, 2017 – 2027 (US$ Mn)
FIG. 25 Mexico Cardioverter Defibrillator Devices Market, 2017 – 2027 (US$ Mn)
FIG. 26 Rest of Latin America Cardioverter Defibrillator Devices Market, 2017 – 2027 (US$ Mn)
FIG. 27 GCC Cardioverter Defibrillator Devices Market, 2017 – 2027 (US$ Mn)
FIG. 28 Rest of MEA Cardioverter Defibrillator Devices Market, 2017 – 2027 (US$ Mn)
FIG. 29 Cardioverter Defibrillator Devices Market: Research Methodology

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List of Tables:

TABLE 1 Global Cardioverter Defibrillator Devices Market Snapshot
TABLE 2 Global Cardioverter Defibrillator Devices Market, by Type, 2017 – 2027 (US$ Mn)
TABLE 3 Global Cardioverter Defibrillator Devices Market, By End Users, 2017 – 2027 (US$ Mn)
TABLE 4 Global Cardioverter Defibrillator Devices Market, by Geography, 2017 – 2027 (US$ Mn)
TABLE 5 North America Cardioverter Defibrillator Devices Market, by Type, 2017 – 2027 (US$ Mn)
TABLE 6 North America Cardioverter Defibrillator Devices Market, By End Users, 2017 – 2027 (US$ Mn)
TABLE 7 North America Cardioverter Defibrillator Devices Market, by Country, 2017 – 2027 (US$ Mn)
TABLE 8 Europe Cardioverter Defibrillator Devices Market, by Type, 2017 – 2027 (US$ Mn)
TABLE 9 Europe Cardioverter Defibrillator Devices Market, By End Users, 2017 – 2027 (US$ Mn)
TABLE 10 Europe Cardioverter Defibrillator Devices Market, by Country, 2017 – 2027 (US$ Mn)
TABLE 11 Asia Pacific Cardioverter Defibrillator Devices Market, by Type, 2017 – 2027 (US$ Mn)
TABLE 12 Asia Pacific Cardioverter Defibrillator Devices Market, By End Users, 2017 – 2027 (US$ Mn)
TABLE 13 Asia Pacific Cardioverter Defibrillator Devices Market, by Country, 2017 – 2027 (US$ Mn)
TABLE 14 Latin America Cardioverter Defibrillator Devices Market, by Type, 2017 – 2027 (US$ Mn)
TABLE 15 Latin America Cardioverter Defibrillator Devices Market, By End Users, 2017 – 2027 (US$ Mn)
TABLE 16 Latin America Cardioverter Defibrillator Devices Market, by Country, 2017 – 2027 (US$ Mn)
TABLE 17 Middle East and Africa Cardioverter Defibrillator Devices Market, by Type, 2017 – 2027 (US$ Mn)
TABLE 18 Middle East and Africa Cardioverter Defibrillator Devices Market, By End Users, 2017 – 2027 (US$ Mn)
TABLE 19 Middle East and Africa Cardioverter Defibrillator Devices Market, by Country/Region, 2017 – 2027 (US$ Mn)
TABLE 20 Boston Scientific Corporation: Company Snapshot (Business Description; Financial Information; Product Portfolio; SWOT Analysis; Recent Developments)
TABLE 21 Medtronic, Plc.: Company Snapshot (Business Description; Financial Information; Product Portfolio; SWOT Analysis; Recent Developments)
TABLE 22 Koninklijke Philips: Company Snapshot (Business Description; Financial Information; Product Portfolio; SWOT Analysis; Recent Developments)
TABLE 23 Abbott Laboratories, Inc.: Company Snapshot (Business Description; Financial Information; Product Portfolio; SWOT Analysis; Recent Developments)
TABLE 24 Biotronik AG.: Company Snapshot (Business Description; Financial Information; Product Portfolio; SWOT Analysis; Recent Developments)
TABLE 25 Stryker Corporation: Company Snapshot (Business Description; Financial Information; Product Portfolio; SWOT Analysis; Recent Developments)
TABLE 26 Cardiac Science Corporation: Company Snapshot (Business Description; Financial Information; Product Portfolio; SWOT Analysis; Recent Developments)
TABLE 27 Nihon Kohden Corporation: Company Snapshot (Business Description; Financial Information; Product Portfolio; SWOT Analysis; Recent Developments)
TABLE 28 Progetti Srl: Company Snapshot (Business Description; Financial Information; Product Portfolio; SWOT Analysis; Recent Developments)
TABLE 29 Defibtech LLC: Company Snapshot (Business Description; Financial Information; Product Portfolio; SWOT Analysis; Recent Developments)
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