External Defibrillator Industry WAS Dominated by North America

The external defibrillator market will reach USD 8,709.2 million by 2030, powering at a rate of 8.7% by the end of this decade. This is because of the increasing aging population and growing cases of out-of-hospital cardiac arrest.

As per the Heart & Stroke Statistics report 2020, there are over 356,461 OHCA cases reported every year in the U.S., with around 90% of them resulting in the death of the patient.

Also, in adults, the utmost common place of OHCA is a residence or home, a public environment, or a nursing home.

External defibrillators used for adults had more than 90% share. With the growing adult patients as opposed to pediatric patients globally, the risk of CVDs is growing. Adults are increasingly susceptible to cardiac diseases as a result of unwholesome lifestyles.

Furthermore, with the increasing of age, the immune system of a person begins to face issues with fighting diseases, as stated by a market research institution, P&S Intelligence.

The snowballing populace of ageing people is one key factors driving the market. Worldwide, the U.S. has the third fastest-increasing elderly population, after Japan and China. As per the UNDESA, there were about 727 million people aged 65 years or above globally in 2020, and this will be double by 2050, reaching over 1.5 billion elderly population.

North America dominated the external defibrillator market, with a share of about 60%. This has a lot to do with the increasing healthcare expenditure, growing incidence of CVDs, increasing elderly population, and budding consciousness of the reimbursements of external defibrillators in VF and pulseless ventricular tachycardia.

For example, the government of the U.S. spends a substantial portion of its gross domestic product on healthcare every single year. As per the NHEA, the nation’s healthcare outlay increased to 9.7% in 2020, from 4.3% in 2019.

Also, the NHEA states that the nation’s healthcare spending will reach USD 6 trillion by 2027, and it will grow at a rate of 5.5% by the end of this decade.

The public access category had the largest share of revenue of more than 30% in the recent past. The increase in the occurrence of SCAs and the mandate obtainability of automated external defibrator in public access settings are the important factors for the growth of the industry.

For instance, the U.S. and numerous APAC and European nations has established legislation needing the fitting of these devices in public spaces. These devices have been applied in locations as schools, stadiums, community centers, recreation centers, health clubs, transportion centers, shopping centers, airlines, government buildings, and offices because of this.

It is because of the increasing elderly population all over the world. The demand for external defibrillator will be on the rise, in the years to come.

External Defibrillator Market Size Breakdown by Segment

Market Segmentation by Patient Type

• Adult
• Pediatric

Market Segmentation by End User

• Hospitals, Clinics, and Cardiac Centers
• Pre-Hospital Care and Emergency Medical Service (EMS) Providers
• Public Access Settings
• Homecare Settings
• Others

Market Segmentation by Region

North America External Defibrillator Market

• By patient type
• By end user
• By country – U.S. and Canada

U.S. external defibrillator market

• By patient type
• By end user

Europe External Defibrillator Market

• By patient type
• By end user

By country – Germany, France, Italy, Spain, U.K., Russia, Netherlands, Belgium, Ireland, Sweden, Switzerland, Poland, and Rest of Europe

Germany external defibrillator market

• By patient type
• By end user

France external defibrillator market

• By patient type
• By end user

U.K. external defibrillator market

• By patient type
• By end user

Italy external defibrillator market

• By patient type
• By end user

Spain external defibrillator market

• By patient type
• By end user

Asia-Pacific (APAC) External Defibrillator Market

• By patient type
• By end user

By country – China, Japan, India, Australia, South Korea, Thailand, and Rest of APAC

Japan external defibrillator market

• By patient type
• By end user

India external defibrillator market

• By patient type
• By end user

Latin America (LATAM) External Defibrillator Market

• By patient type
• By end user

By country – Brazil, Mexico, and Rest of LATAM

Brazil external defibrillator market

• By patient type
• By end user

Mexico external defibrillator market

• By patient type
• By end user

Middle East and Africa (MEA) External Defibrillator Market

• By patient type
• By end user

By country – Saudi Arabia, South Africa, and Rest of MEA

Saudi Arabia external defibrillator market

• By patient type
• By end user

South Africa external defibrillator market

• By patient type
• By end user