Posts

Showing posts with the label Defibrillator Market Size

Defibrillator Market To Expand Industry Growth At USD 20.6 Billion By 2030

Image
  San Francisco, 23 March 2022:  The Report  Defibrillator Market  Size, Share & Trends Analysis Report By Product (ICDs, External Defibrillators), By End Use (Hospital, Pre Hospital, Public Access Market, Alternate Care Market, Home Healthcare), By Region, And Segment Forecasts, 2022 - 2030 The global defibrillator market size is expected to reach USD 20.6 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 7.0% from 2022 to 2030. The key drivers for this market include supportive regulatory policies, rising incidences of sudden cardiac arrests, product developments, and rising awareness regarding cardiac conditions. The COVID-19 pandemic, however, gave rise to several challenges such as dampened demand for ICDs, logistical bottlenecks, postponed elective surgeries across the globe, and reduced sales growth. The demand for ICDs plunged during 2020 as governments in many key markets implemented movement restrictions

Defibrillator Market Is Estimated To Exhibit At USD 22.2 Billion By 2028

Image
  San Francisco, 1 Sep 2021:   The Report  Defibrillator Market  Size, Share & Trends Analysis Report By Product (ICD, External Defibrillator), By End-use (Hospital, Pre-hospital, Public Access, Alternate Care, Home Healthcare), By Region, And Segment Forecasts, 2021 - 2028 The global defibrillator market size is expected to reach USD 22.2 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 7.4% from 2021 to 2028. Factors contributing to the growth of this market include supportive legislative reforms, rising incidences of sudden cardiac arrests in the region, presence of integrated technology, and rising awareness for cardiac conditions. Moreover, the COVID 19 pandemic further accentuated the need for defibrillators as many elderly patients suffering from COVID-19, suffered from sudden cardiac arrests, and the device was useful for the resuscitation of such patients. The rising demand for handling sudden cardiac arr