Defibrillators Market worth $12.9 Billion by 2019 with Rise in Aging Population - New Research Report by MarketsandMarkets

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The defibrillator report suggests rise in the aging population to be the strongest driver for the defibrillators market. According to the report, North America, major parts of Europe, and Japan are mature marketplaces for defibrillator devices:



Key Players are BIOTRONIK SE & Co. KG (Germany), Sorin Group (Italy), Koninklijke Philips N.V. (Netherlands), Physio-Control, Inc. (U.S.), Nihon Kohden Corporation (Japan)

The defibrillators report provides insights into the growth trends for the defibrillators market. According to the report the global market is expected to grow at a CAGR of 6.9% from 2014 to reach $12.9 billion by 2019. It expects the emerging markets to provide crucial growth traction for the potential as well as established players in the market.

According to the report, regions like Asia-Pacific are positioned to witness growth at the highest CAGR during the next five years. The report expects the ageing population and growth in demand for modern healthcare infrastructure to be the vital driving factors for the defibrillators market. Apart from that, growing investments in the emerging markets and huge rise in the instances of cardiovascular diseases are also expected to propel industry growth.

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This report segments the global defibrillators market on the basis of various types of products and end users in this market. The report also analyses the growth patterns for these products across different geographic regions. According to the report, North America held the largest share in this market in 2014 which was followed by Europe. The North American market is driven by rapid technological advancements and use of innovative products. Growth in ageing population, cardiovascular diseases and obesity are also vital driving factors for the industry.

According to the report, innovative growth strategies and a strong developmental focus on emerging markets are expected to create growth prospects for the defibrillators market.

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The report profiles various key players in the defibrillators market. These players include BIOTRONIK SE & Co. KG (Germany), Boston Scientific Corporation (U.S.), Cardiac Science Corporation (U.S.), HeartSine Technologies, Inc. (U.S.), Koninklijke Philips N.V. (Netherlands), Medtronic, Inc. (U.S.), Nihon Kohden Corporation (Japan), Physio-Control, Inc. (U.S.), Sorin Group (Italy), St. Jude Medical, Inc. (U.S.) and ZOLL Medical Corporation (U.S.).

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Mr. Rohan
since: 04/2009
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