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Some of the major market players operating in the external defibrillator market are :
Major market players are adopting strategic formulations such as forward integration, new product development, geographical expansion, and research collaborations to garner maximum industry share and promote company growth.
Abbott Laboratories, Inc., Boston Scientific Corporation, Koninklijke Philips, Stryker Corporation, Medtronic plc, LivaNova PLC, and Asahi Kasei Corporation (ZOLL Medical Corporation) are some of the major external defibrillator companies worldwide.
U.S. external defibrillator industry will register more than USD 2.1 billion in revenue by 2032 owing to presence of major industry players, the upsurge in demand for cardiovascular devices, and the rising prevalence of cardiovascular conditions in the region.
External defibrillator industry size was USD 3.2 billion in 2022 and will reach over USD 6.7 billion by 2032 due to rising prevalence of heart failure, increasing advancements in product technology, and surging incidence of sudden cardiac arrests worldwide.
Automated external defibrillator industry size will witness 7.5% CAGR from 2023-2032 on account of their increasing adoption to meet the surging prevalence of out-of-hospital cardiac arrest (OHCA).