Global Defibrillators Market By Product (Implantable Cardioverter Defibrillator, External Defibrillator), By Enduse (Hospital, Pre-hospital, Public Access Market, Alternate Care Market, Homes) Is Expected To Reach USD 15.75 Billion By 2020
Global defibrillator market is expected to reach USD 15.75 billion by 2020, according to a new study by Grand View Research Inc. Defibrillators, owing to their capability to resolve cardiac related conditions such as cardiac arrhythmias, ventricular tachycardia and ventricular fibrillation are expected to witness substantial growth over the forecast period. Increasing incidences of cardiovascular diseases and rising geriatric population base are some key factors expected to drive market growth by widening the patient base. Moreover, improving healthcare infrastructure and growing focus of key market players on emerging economies is also expected to fuel the growth of this market. Defibrillators are most commonly used to deliver therapeutic doses of electrical energy to the heart in case of a cardiac arrhythmia. Rising mortality rates associated with sudden cardiac arrest (SCA) has led to a consequential rise in demand for defibrillators. View summary of this report analysis/defibrillators-market
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