The global Defibrillator Analyzers Market is poised to record a CAGR of 3.4% from 2022 to 2032, projected to garner a worth of USD 765 million by 2032, up from USD 532 million in 2022.
The global defibrillator analyzers market is constantly growing owing to increasing geriatric population with escalated risk of targeted diseases, and rising prevalence of cardiovascular diseases amongst all ages.
| Report Attribute | Details |
|---|---|
| Defibrillator Analyzers Market Value (2022) | USD 532 Billion |
| Defibrillator Analyzers Market Anticipated Forecast Value (2032) | USD 765 Billion |
| Defibrillator Analyzers Market Projected Growth Rate (2022 to 2032) | 3.4% |
Defibrillator analyzers are utilized to test the accuracy, functionality, and performance of defibrillators. These analyzers program the inspection and preventive maintenance (IPM) testing of defibrillators.
They are capable of testing at least four basic defibrillator performance characteristics viz. synchronized-mode functioning, discharge energy, ECG monitoring, and automated external defibrillation. The demand for defibrillator analyzers is said to surge owing to its characteristics to test a defibrillator’s external pacing function.
The sales of defibrillator analyzers are said to increase owing to its demand in testing the performance and appropriate functioning of critical life-support cardiac equipment. This includes mono and bi phase defibrillators.
These factors are anticipated to fuel the growth of defibrillators analyzers market with a significant CAGR during the forecast period.
There is a surge in the prevalence of cardiac diseases which is resulting in increased use of defibrillators. This has boosted the demand for defibrillator analyzers market owing to testing the instruments for conducting output measurement tests and performance verification on defibrillators.
Additionally, the instruments perform output energy measurement, pacemaker testing, cardioversion analysis, and creates stimulated performance waves that are used in defibrillator testing along with various other tests. Globally, there is an increased demand for defibrillator analyzers which is resulting in market growth of defibrillator analyzers market.
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The global defibrillator analyzers market is gaining constant momentum owing to the increased prevalence of cardiovascular diseases. The leading cause of death and disability worldwide is cardiovascular disease (CVD).
According to World Health Organization (WHO), in 2019, nearly 17.9 million deaths across the word is because of cardiovascular diseases, this accounted for 32% of the global deaths.
American Heart Association states that over 75% deaths due to CVDs happen in low- and middle-income countries. In 2018, in the United States alone, there are over 390,000 sudden cardiac arrests. The rising prevalence of these diseases results in increased use of defibrillators, and this promotes the growth of global defibrillator analyzers market.
The demand for defibrillator analyzers market is on the rise owing to increased adoption of technologically advanced defibrillators devices, increasing need for quality medical care, and growth in incidence of sudden cardiac arrest (SCA) are primary factors for the growth of the defibrillator’s analyzers market.
Regions with a major economy such as North America are anticipated to gain considerable share in terms of revenue of defibrillator analyzers, owing to fast growth and development in the field of hospitals. Increasing government expenditure on healthcare in North America is eventually propelling the growth of defibrillator analyzers market.
North America followed by Europe is said to gain popularity in the global market. Countries such as France, Germany and others are anticipated to garner considerable market share in the defibrillator analyzers market. European countries have advanced technology in their hospitals. Therefore, these factors are promoting the growth of defibrillator analyzers market in this region.
Asia Pacific is also projected to take over significant market share of defibrillators market due to improved healthcare infrastructure, more healthcare clinics, increased patient population, hospitals, more cases of cardiac diseases and government expenditure on healthcare department.
The regional growth is led by Japan’s market due to higher penetration rate of defibrillator analyzers and supportive government policies.
Furthermore, there is a tremendous growth in the manufacturing industries in Asia Pacific region and this is predicted to promote the growth of defibrillator analyzers market during the forecast period and garner a strong CAGR.
Number of hospitals in Middle East and Africa region is increasing, this coupled with governments’ expenditure towards healthcare departments and hospitals for additional public safety is anticipated to the demand for defibrillator analyzers market during the forecast period in this region.
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A few of the key players in the defibrillator analyzers market include METRAWATT International, Datrend Systems, Fluke, BC Group International, Netech, Helix India Pvt. Ltd, GMC Instruments, Seaward Electronic Ltd.
In September 2019, Netech, leading manufacturer of biomedical test-instrument announced the launch of its novel hi-tech defibrillator/pacemaker analyzer – Delta 3300. Approved by FDA, the Delta 3300 is an accurate instrument used to test and validate the functions of all semi and automated defibrillators.
| Report Attribute | Details |
|---|---|
| Growth Rate | CAGR of 3.4% from 2022 to 2032 |
| Base Year for Estimation | 2021 |
| Historical Data | 2015 to 2020 |
| Forecast Period | 2022 to 2032 |
| Quantitative Units | Revenue in USD Million and CAGR from 2022 to 2032 |
| Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis |
| Segments Covered | Modularity Type, End Use, Region |
| Regions Covered | North America; Latin America; Europe; East Asia; South Asia; Oceania; Middle East and Africa |
| Key Countries Profiled | USA, Canada, Brazil, Argentina, Germany, UK, France, Spain, Italy, Nordics, BENELUX, Australia & New Zealand, China, India, ASEAN, GCC, South Africa |
| Key Companies Profiled | METRAWATT International; Datrend Systems; Fluke; BC Group International; Netech; Helix India Pvt. Ltd; GMC Instruments; Seaward Electronic Ltd. |
| Customization | Available Upon Request |
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The global defibrillator analyzers market is set to advance at a CAGR of 3.4% from 2022 to 2032.
Defibrillator analyzers market is projected to hold a market share of USD 765 million by 2032.
Some of the key players holding major global defibrillator analyzers market share are METRAWATT International, Datrend Systems, Fluke, BC Group International, Netech, Helix India Pvt. Ltd, GMC Instruments, and Seaward Electronic Ltd.
1. Executive Summary
2. Market Overview
3. Market Background
4. Global Defibrillator Analyzers Market Analysis 2017 to 2021 and Forecast 2022 to 2032
5. Global Defibrillator Analyzers Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Modularity Type
5.1. Desk Defibrillator Analyzers
5.2. Portable Defibrillator Analyzers
6. Global Defibrillator Analyzers Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By End Use
6.1. Hospitals
6.2. Health Clinics
6.3. Others
7. Global Defibrillator Analyzers Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Region
7.1. North America
7.2. Latin America
7.3. Europe
7.4. Asia Pacific
7.5. Middle East and Africa
8. North America Defibrillator Analyzers Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
9. Latin America Defibrillator Analyzers Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
10. Europe Defibrillator Analyzers Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
11. Asia Pacific Defibrillator Analyzers Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
12. Middle East and Africa Defibrillator Analyzers Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
13. Key Countries Defibrillator Analyzers Market Analysis
14. Market Structure Analysis
15. Competition Analysis
15.1. GMC Instruments
15.2. Seaward Electronic Ltd
15.3. Datrend Systems Inc.
15.4. Fluke
15.5. BC Group International
15.6. Helix India Pvt Ltd
16. Assumptions & Acronyms Used
17. Research Methodology
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Defibrillator Analyzers Market
