Boston, MA -- (SBWIRE) -- 10/11/2016 -- Defibrillators Market by Product (Implantable Cardioverter Defibrillator (Transvenous ICD, Single & Dual Chamber, CRT-D, S-ICD) and External (Manual, AED, Wearable), End User (Hospital, Prehospital, Public Access, Home) - Global Forecasts to 2021

The global defibrillators market is expected to reach USD 14.21 billion by 2021 from USD 10.01 billion in 2016, at a CAGR of 7.3% between 2016 and 2021.

The defibrillators market is broadly segmented into products and end users. By products, the defibrillators market is segmented into implantable cardioverter defibrillators (ICDs) and external defibrillators. The external defibrillators segment is categorized into manual external defibrillators, automated external defibrillators (AEDs), and wearable cardioverter defibrillators (WCDs). The AEDs segment is further divided into semi-automated external defibrillators and fully automated external defibrillators. The ICDs segment is expected to account for the largest share of the global defibrillators market in 2016. However, automated external defibrillators segment is projected to grow at the highest CAGR during the forecast period due to a number of new product launches, increasing prevalence of cardiovascular diseases, rising government initiatives, and growing number of public access defibrillation programs.

Get More Details on this Report and a Full Table of Contents at Defibrillators Market - Global Forecasts to 2021

On the basis of end users, the defibrillators market is divided into five major segments, namely, hospitals, clinics, & cardiac centers; prehospitals; public access markets; alternate care markets; and home care. The hospitals, clinics, & cardiac centers segment is expected to account for the largest share of the defibrillators market in 2016. However, the public access markets segment is expected to grow at the highest CAGR in the next five years due to increasing awareness on the use of defibrillators at public places, focus of key market players on this segment, and increasing support from public and private organizations.

Geographically, the report covers four major regions, namely, North America, Europe, Asia-Pacific, and the Rest of the World. North America is expected to command the largest share of the global defibrillators market in 2016, followed by Europe. The Asia-Pacific defibrillators market is projected to witness the highest growth rate during the forecast period from 2016 to 2021 due to a number of factors, including improving healthcare infrastructure, favorable government initiatives, and growing focus of market players on the Asia-Pacific defibrillators market.

In the defibrillators industry, market growth is majorly driven by the development of technologically advanced defibrillators, rapid growth in the aging population with high risk of target diseases, rising incidences of cardiovascular diseases across the globe, growing focus of public and private organizations and key market players toward public access defibrillation, and increasing number of training and awareness programs across the globe.

As of 2015, the global defibrillators market was dominated by Medtronic PLC (Ireland), St. Jude Medical, Inc. (U.S.), Boston Scientific Corporation (U.S.), BIOTRONIK SE & Co. KG (Germany), Koninklijke Philips N.V. (Netherlands), and ZOLL Medical Corporation (U.S.), which together held a share of ~90% of the overall defibrillators market. New product launches & product approvals; agreements, collaborations, contracts, & partnerships; geographic expansions; strategic acquisitions; and others (launch of defibrillation & training programs, deployment of public access defibrillators, and investments) are the major strategies adopted by most market players to achieve growth in the global defibrillators market.

Target Audience:

-Defibrillator manufacturers, vendors, and distributors
-Defibrillator services companies
-Research institutes and government organizations
-Venture capitalists and other government funding organizations
-Research and consulting firms
-Healthcare institutions (hospitals and medical schools)
-Medical device suppliers and distributors
-Group purchasing organizations (GPOs)

Scope of the Report

This report categorizes the global defibrillators market into the following segments:

Global Defibrillators Market, by Product

-Implantable Cardioverter Defibrillators (ICDs)

-Transvenous Implantable Cardioverter Defibrillators (T-ICDs)
-Single-chamber ICDs
-Dual-chamber ICDs
-Biventricular ICDs/Cardiac Resynchronization Therapy Defibrillators (CRT-Ds)
-Subcutaneous Implantable Cardioverter Defibrillators (S-ICDs)

-External Defibrillators

-Manual External Defibrillators
-Automated External Defibrillators (AEDs)
-Semi-automated External Defibrillators
-Fully automated External Defibrillators

About Fast Market Research
Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget. For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156.

Browse all Medical Devices research reports at Fast Market Research

You may also be interested in these related reports:

-Ophthalmology Devices Market - Market Share Analysis & Global Forecasts to 2021
-Microbiology Testing/Clinical Microbiology Market - Global Forecasts to 2021
-Pain Management Devices Market - Global Forecasts to 2021
-Electroceuticals/Bioelectric Medicine Market - Global Forecast to 2021
-MediPoint: Women's Health - Global Analysis and Market Forecasts