Product Code: MD 3124
The global defibrillator market is expected to reach USD 16.44 billion by 2030 from USD 11.99 billion in 2025, at a CAGR of 6.5% during the forecast period.
Scope of the Report |
Years Considered for the Study | 2024-2030 |
Base Year | 2024 |
Forecast Period | 2025-2030 |
Units Considered | Value (USD billion) |
Segments | Product, Patient Type, End User, and Region |
Regions covered | North America, Europe, Asia Pacific, Latin America, and Middle East & Africa |
The growth in the defibrillator market is driven by the increasing proportion of the population with cardiovascular diseases, technological advancements in defibrillators, and rising initiatives by public and private organizations to provide free training and programs, as well as enhance the implementation of public access defibrillators (PADs). However, issues related to implantable and automated external defibrillators and frequent product recalls have impeded market growth.
The implantable cardioverter defibrillators segment accounted for the largest share of the global market in 2024.
Based on product, the defibrillator market is broadly segmented into implantable cardioverter defibrillators (ICDs) and external defibrillators. ICDs are further divided into transvenous implantable cardioverter defibrillators and subcutaneous implantable cardioverter defibrillators, whereas external defibrillators are divided into manual AEDs, automated AEDs, and wearable defibrillators. The ICDs segment accounted for the largest global defibrillator market share in 2024. Technological advancements in implantable defibrillators, rising awareness among cardiologists about the benefits pertaining to subcutaneous ICDs, and the launch of technologically advanced ICDs.
The adult segment dominated the defibrillator market based on the patient type in 2024.
The defibrillator market is segmented into adult and pediatric patients based on patient type. The adult patients segment dominated the global defibrillator market in 2024. The increasing incidence of cardiovascular disease in the adult population, rapid growth in the geriatric population, which is highly susceptible to sudden cardiac arrest, and the increasing number of implantations of ICDs in adult patients are likely to fuel the growth of the segment.
North America is expected to account for the highest market share in the defibrillator market during the forecast period.
Based on the region, the global defibrillator market is categorized into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. North America is expected to witness a high market share during the forecast period. This can be attributed to factors such as the rising adoption of advanced defibrillators, increasing efforts by governments to provide the necessary care to cardiac arrest patients, the strong foothold of market players, favorable reimbursement programs, and an increase in the incidence of coronary artery diseases.
Breakdown of supply-side primary interviews by company type, designation, and region:
- By Company Type: Tier 1 (45%), Tier 2 (20%), and Tier 3 (35%)
- By Designation: C Level (35%), Director Level (25%), and Others (40%)
- By Region: North America (40%), Asia Pacific (25%), Europe (20%), Latin America (10%), and Middle East & Africa (5%)
Prominent companies include Medtronic (Ireland), Stryker (US), Koninklijke Philips N.V. (Netherlands), Asahi Kasei Corporation (Japan), Boston Scientific Corporation (US), Abbott (US), MicroPort Scientific Corporation (China), Nihon Kohden Corporation (Japan), Biotronik (Germany), and CU Medical Systems, Inc. (South Korea).
Research Coverage
This research report categorizes the defibrillator market by Product {Implantable cardioverter defibrillators [Transvenous implantable cardioverter defibrillators (Biventricular ICDS/cardiac resynchronization therapy defibrillators, dual-chamber ICDS, and single-chamber ICDS)], Subcutaneous implantable cardioverter defibrillators) External defibrillators [Manual External defibrillators, Automated external defibrillators (semi-automated external defibrillators, fully automated external defibrillators)], Wearable cardioverter defibrillators}, Patient type (Adult, Pediatric), End Users (Hospitals & Clinics, Cardiac centers, Prehospital settings, Public access markets, Home care settings, and Other end users), and region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa). The scope of the report covers detailed information regarding the major factors, such as drivers, restraints, challenges, and opportunities, influencing the growth of the defibrillators market. The report also provides a competitive analysis of the key players in this market, along with their company profiles, product offerings, and key market strategies.
Reasons to Buy the Report
The report will help established firms, new entrants, and smaller firms gauge the pulse of the market, which in turn would help them gain a more significant share of the market. Firms purchasing the report could use one or any combination of the strategies mentioned below to strengthen their position in the market.
This report provides insights into the following pointers:
- Analysis of key drivers (rising prevalence of cardiovascular disease, increase in geriatric patient population, a strong focus of government to boost the installation of public access defibrillators, rising defibrillators training & programs, and expanding healthcare infrastructure), restraints (frequent product recalls, issues related to implantable and automated external defibrillators), opportunities (emerging countries, ongoing developments in ICDs/CRT-Ds, mergers and acquisitions among market players), and challenges (frequent product recalls and lack of awareness about the cardiac arrest in emerging countries) influencing the growth of the defibrillators market
- Market Penetration: Comprehensive information on the product portfolios offered by the top players in the defibrillator market
- Product Development/Innovation: Detailed insights into the upcoming trends, R&D activities, and product launches in the defibrillator market
- Market Development: Comprehensive information on lucrative emerging regions
- Market Diversification: Exhaustive information about new products, growing geographies, and recent developments in the defibrillator market
- Competitive Assessment: In-depth assessment of market segments, growth strategies, revenue analysis, and products of the leading market players
TABLE OF CONTENTS
1 INTRODUCTION
- 1.1 STUDY OBJECTIVES
- 1.2 MARKET DEFINITION
- 1.3 STUDY SCOPE
- 1.3.1 MARKET SEGMENTATION AND REGIONAL SCOPE
- 1.3.2 INCLUSIONS AND EXCLUSIONS
- 1.3.3 YEARS CONSIDERED
- 1.4 CURRENCY CONSIDERED
- 1.5 STAKEHOLDERS
- 1.6 SUMMARY OF CHANGES
2 RESEARCH METHODOLOGY
- 2.1 RESEARCH DATA
- 2.1.1 SECONDARY DATA
- 2.1.2 PRIMARY RESEARCH
- 2.1.2.1 Key data from primary sources
- 2.1.2.2 Key industry insights
- 2.2 MARKET SIZE ESTIMATION METHODOLOGY
- 2.2.1 PRODUCT-BASED MARKET ESTIMATION
- 2.2.2 END-USER-BASED MARKET ESTIMATION
- 2.2.3 PRIMARY RESEARCH VALIDATION
- 2.2.4 TOP-DOWN APPROACH
- 2.2.5 GROWTH RATE PROJECTIONS
- 2.3 DATA TRIANGULATION
- 2.4 RESEARCH ASSUMPTIONS
- 2.5 RESEARCH LIMITATIONS
- 2.6 RISK ANALYSIS
3 EXECUTIVE SUMMARY
4 PREMIUM INSIGHTS
- 4.1 DEFIBRILLATOR MARKET OVERVIEW
- 4.2 ASIA PACIFIC DEFIBRILLATOR MARKET, BY COUNTRY AND END USER
- 4.3 GEOGRAPHIC SNAPSHOT OF DEFIBRILLATOR MARKET
5 MARKET OVERVIEW
- 5.1 INTRODUCTION
- 5.2 MARKET DYNAMICS
- 5.2.1 DRIVERS
- 5.2.1.1 Growing prevalence of cardiovascular diseases
- 5.2.1.2 Increasing focus on public-access defibrillators
- 5.2.1.3 Training and awareness programs on defibrillators
- 5.2.2 RESTRAINTS
- 5.2.2.1 Frequent product recalls
- 5.2.3 OPPORTUNITIES
- 5.2.3.1 Untapped growth potential in emerging markets
- 5.2.3.2 Development of S-ICDs and MRI-compatible ICDs & CRT-Ds
- 5.2.4 CHALLENGES
- 5.2.4.1 Inadequate awareness of sudden cardiac arrest and limited access to healthcare
- 5.2.4.2 Challenges associated with pricing pressure
- 5.3 INDUSTRY TRENDS
- 5.3.1 NEXT GEN AI-ENABLED PATCH WEARABLE CARDIOVERTER DEFIBRILLATORS
- 5.3.2 CONNECTED AED ECOSYSTEM
- 5.3.3 EXPANSION IN EMERGING MARKETS AND PUBLIC ACCESS
- 5.4 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
- 5.5 PRICING ANALYSIS
- 5.5.1 AVERAGE SELLING PRICE TREND, BY KEY PLAYER
- 5.5.2 AVERAGE SELLING PRICE TREND, BY REGION
- 5.6 VALUE CHAIN ANALYSIS
- 5.7 SUPPLY CHAIN ANALYSIS
- 5.8 ECOSYSTEM ANALYSIS
- 5.9 INVESTMENT AND FUNDING SCENARIO
- 5.10 TECHNOLOGY ANALYSIS
- 5.10.1 KEY TECHNOLOGIES
- 5.10.1.1 Electrodes and gel pad technology
- 5.10.1.2 Handheld portable defibrillator
- 5.10.2 COMPLEMENTARY TECHNOLOGIES
- 5.10.2.1 Cardiopulmonary Resuscitation (CPR) feedback technology
- 5.10.2.2 Automated self-testing and device readiness monitoring
- 5.10.3 ADJACENT TECHNOLOGIES
- 5.10.3.1 Electronic Health Record (EHR) integration
- 5.11 PATENT ANALYSIS
- 5.11.1 JURISDICTION AND TOP APPLICANT ANALYSIS
- 5.12 TRADE ANALYSIS
- 5.12.1 IMPORT DATA FOR HS CODE 901890
- 5.12.2 EXPORT DATA FOR HS CODE 901890
- 5.13 KEY CONFERENCES AND EVENTS, 2025-2026
- 5.14 REGULATORY LANDSCAPE
- 5.14.1 REGULATORY FRAMEWORK
- 5.14.1.1 North America
- 5.14.1.1.1 US
- 5.14.1.1.2 Canada
- 5.14.1.2 Europe
- 5.14.1.3 Asia Pacific
- 5.14.1.4 Latin America
- 5.14.1.5 Middle East & Africa
- 5.14.2 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
- 5.15 PORTER'S FIVE FORCES ANALYSIS
- 5.15.1 BARGAINING POWER OF SUPPLIERS
- 5.15.2 BARGAINING POWER OF BUYERS
- 5.15.3 THREAT OF NEW ENTRANTS
- 5.15.4 THREAT OF SUBSTITUTES
- 5.15.5 INTENSITY OF COMPETITIVE RIVALRY
- 5.16 KEY STAKEHOLDERS AND BUYING CRITERIA
- 5.16.1 KEY STAKEHOLDERS IN BUYING PROCESS
- 5.16.2 BUYING CRITERIA
- 5.17 REIMBURSEMENT SCENARIO
- 5.18 UNMET NEEDS/END-USER EXPECTATIONS
- 5.19 IMPACT OF AI/GEN AI ON DEFIBRILLATOR MARKET
- 5.19.1 INTRODUCTION
- 5.19.2 MARKET POTENTIAL OF AI IN DEFIBRILLATORS
- 5.19.3 AI USE CASES
- 5.19.4 KEY COMPANIES IMPLEMENTING AI
- 5.20 IMPACT OF 2025 US TARIFF
- 5.20.1 INTRODUCTION
- 5.20.2 KEY TARIFF RATES
- 5.20.3 PRICE IMPACT ANALYSIS
- 5.20.4 IMPACT ON COUNTRY/REGION
- 5.20.5 IMPACT ON END-USE SEGMENTS
6 DEFIBRILLATOR MARKET, BY PRODUCT
- 6.1 INTRODUCTION
- 6.2 IMPLANTABLE CARDIOVERTER DEFIBRILLATORS
- 6.2.1 TRANSVENOUS IMPLANTABLE CARDIOVERTER DEFIBRILLATORS
- 6.2.1.1 Biventricular ICDs/Cardiac resynchronization therapy defibrillators
- 6.2.1.1.1 Growing improvements in battery technology to boost market
- 6.2.1.2 Dual-chamber ICDs
- 6.2.1.2.1 Ability to reduce incidence of inappropriate shocks to drive market
- 6.2.1.3 Single-chamber ICDs
- 6.2.1.3.1 Utilization of single-chamber ICDs for atrial monitoring to support growth
- 6.2.2 SUBCUTANEOUS IMPLANTABLE CARDIOVERTER DEFIBRILLATORS
- 6.2.2.1 Increasing preference for less-invasive approach to augment growth
- 6.3 EXTERNAL DEFIBRILLATORS
- 6.3.1 MANUAL EXTERNAL DEFIBRILLATORS
- 6.3.1.1 High portability and compact design to foster growth
- 6.3.2 AUTOMATED EXTERNAL DEFIBRILLATORS
- 6.3.2.1 Semi-automated external defibrillators
- 6.3.2.1.1 Growing initiatives for emergency medical services to fuel market
- 6.3.2.2 Fully automated external defibrillators
- 6.3.2.2.1 Rising installation of defibrillators in public places to favor growth
- 6.3.3 WEARABLE CARDIOVERTER DEFIBRILLATORS
- 6.3.3.1 Increasing launches of wearable defibrillators to facilitate growth
7 DEFIBRILLATOR MARKET, BY PATIENT TYPE
- 7.1 INTRODUCTION
- 7.2 ADULT PATIENTS
- 7.2.1 INCREASING GERIATRIC POPULATION AND RISING BURDEN OF CARDIOVASCULAR DISEASES TO DRIVE MARKET
- 7.3 PEDIATRIC PATIENTS
- 7.3.1 RISING INCIDENCE OF PEDIATRIC HEART AILMENTS TO SUPPORT GROWTH
8 DEFIBRILLATOR MARKET, BY END USER
- 8.1 INTRODUCTION
- 8.2 HOSPITALS & CLINICS
- 8.2.1 HIGH VOLUME OF CARDIAC PROCEDURES TO EXPEDITE GROWTH
- 8.3 CARDIAC CENTERS
- 8.3.1 INCREASING CARDIOVASCULAR CASELOAD AND NEED FOR SPECIALIZED CARE TO BOOST MARKET
- 8.4 PREHOSPITAL SETTINGS
- 8.4.1 RISING FUNDING FOR EMERGENCY AMBULANCE SERVICES TO PROMOTE GROWTH
- 8.5 PUBLIC-ACCESS MARKETS
- 8.5.1 GROWING INCIDENCE OF SUDDEN CARDIAC ARRESTS TO PROPEL MARKET
- 8.6 HOME CARE SETTINGS
- 8.6.1 RISING ADOPTION OF HOME-AUTOMATED EXTERNAL DEFIBRILLATORS TO FOSTER GROWTH
- 8.7 OTHER END USERS
9 DEFIBRILLATOR MARKET, BY REGION
- 9.1 INTRODUCTION
- 9.2 NORTH AMERICA
- 9.2.1 MACROECONOMIC OUTLOOK FOR NORTH AMERICA
- 9.2.2 US
- 9.2.2.1 High implant rates to contribute to growth
- 9.2.3 CANADA
- 9.2.3.1 High burden of cardiovascular diseases to support growth
- 9.3 EUROPE
- 9.3.1 MACROECONOMIC OUTLOOK FOR EUROPE
- 9.3.2 GERMANY
- 9.3.2.1 Established healthcare system to favor growth
- 9.3.3 UK
- 9.3.3.1 Rising support from government & private organizations for accessibility of defibrillators to drive market
- 9.3.4 FRANCE
- 9.3.4.1 Favorable government initiatives to bolster growth
- 9.3.5 ITALY
- 9.3.5.1 High prevalence of out-of-hospital cardiac arrests to promote growth
- 9.3.6 SPAIN
- 9.3.6.1 Rising aging population to stimulate growth
- 9.3.7 REST OF EUROPE
- 9.4 ASIA PACIFIC
- 9.4.1 MACROECONOMIC OUTLOOK FOR ASIA PACIFIC
- 9.4.2 JAPAN
- 9.4.2.1 Booming geriatric population to foster growth
- 9.4.3 CHINA
- 9.4.3.1 Rising incidence of strokes to expedite growth
- 9.4.4 INDIA
- 9.4.4.1 Growing prevalence of cardiovascular diseases and government initiatives to drive market
- 9.4.5 AUSTRALIA
- 9.4.5.1 Increasing community access to defibrillators through policy and targeted funding to fuel market
- 9.4.6 SOUTH KOREA
- 9.4.6.1 Robust digital ecosystem and government-led health programs to boost market
- 9.4.7 REST OF ASIA PACIFIC
- 9.5 LATIN AMERICA
- 9.5.1 MACROECONOMIC OUTLOOK FOR LATIN AMERICA
- 9.5.2 BRAZIL
- 9.5.2.1 Rising obesity rates to accelerate growth
- 9.5.3 MEXICO
- 9.5.3.1 Increasing infrastructure development to facilitate growth
- 9.5.4 REST OF LATIN AMERICA
- 9.6 MIDDLE EAST & AFRICA
- 9.6.1 MACROECONOMIC OUTLOOK FOR MIDDLE EAST & AFRICA
- 9.6.2 GCC COUNTRIES
- 9.6.2.1 Kingdom of Saudi Arabia (KSA)
- 9.6.2.1.1 Expanding digital healthcare infrastructure to boost market
- 9.6.2.2 United Arab Emirates (UAE)
- 9.6.2.2.1 Increasing government investments for healthcare infrastructure to aid growth
- 9.6.2.3 Rest of GCC Countries
- 9.6.3 REST OF MIDDLE EAST & AFRICA
10 COMPETITIVE LANDSCAPE
- 10.1 INTRODUCTION
- 10.2 KEY PLAYER STRATEGIES/RIGHT TO WIN
- 10.2.1 STRATEGIES ADOPTED BY KEY PLAYERS
- 10.2.2 OVERVIEW OF STRATEGIES ADOPTED BY KEY PLAYERS IN DEFIBRILLATOR MARKET
- 10.3 REVENUE ANALYSIS, 2022-2024
- 10.4 MARKET SHARE ANALYSIS, 2024
- 10.5 COMPANY VALUATION AND FINANCIAL METRICS
- 10.6 BRAND/PRODUCT COMPARISON
- 10.7 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2024
- 10.7.1 STARS
- 10.7.2 EMERGING LEADERS
- 10.7.3 PERVASIVE PLAYERS
- 10.7.4 PARTICIPANTS
- 10.7.5 COMPANY FOOTPRINT: KEY PLAYERS, 2024
- 10.7.5.1 Company footprint
- 10.7.5.2 Region footprint
- 10.7.5.3 Product footprint
- 10.7.5.4 Patient type footprint
- 10.8 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2024
- 10.8.1 PROGRESSIVE COMPANIES
- 10.8.2 RESPONSIVE COMPANIES
- 10.8.3 DYNAMIC COMPANIES
- 10.8.4 STARTING BLOCKS
- 10.8.5 COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2024
- 10.8.5.1 Detailed list of key startups/SMEs
- 10.8.5.2 Competitive benchmarking of key startups/SMEs
- 10.9 COMPETITIVE SCENARIO
- 10.9.1 PRODUCT LAUNCHES AND APPROVALS
- 10.9.2 EXPANSIONS
- 10.9.3 DEALS
- 10.9.4 OTHER DEVELOPMENTS
11 COMPANY PROFILES
- 11.1 KEY PLAYERS
- 11.1.1 MEDTRONIC
- 11.1.1.1 Business overview
- 11.1.1.2 Products offered
- 11.1.1.3 Recent developments
- 11.1.1.3.1 Product launches and approvals
- 11.1.1.4 MnM view
- 11.1.1.4.1 Key strengths
- 11.1.1.4.2 Strategic choices
- 11.1.1.4.3 Weaknesses and competitive threats
- 11.1.2 BOSTON SCIENTIFIC CORPORATION
- 11.1.2.1 Business overview
- 11.1.2.2 Products offered
- 11.1.2.3 Recent developments
- 11.1.2.4 MnM view
- 11.1.2.4.1 Key strengths
- 11.1.2.4.2 Strategic choices
- 11.1.2.4.3 Weaknesses and competitive threats
- 11.1.3 ABBOTT
- 11.1.3.1 Business overview
- 11.1.3.2 Products offered
- 11.1.3.3 MnM view
- 11.1.3.3.1 Key strengths
- 11.1.3.3.2 Strategic choices
- 11.1.3.3.3 Weaknesses and competitive threats
- 11.1.4 ASAHI KASEI CORPORATION
- 11.1.4.1 Business overview
- 11.1.4.2 Products offered
- 11.1.4.3 MnM view
- 11.1.4.3.1 Key strengths
- 11.1.4.3.2 Strategic choices
- 11.1.4.3.3 Weaknesses and competitive threats
- 11.1.5 STRYKER
- 11.1.5.1 Business overview
- 11.1.5.2 Products offered
- 11.1.5.3 Recent developments
- 11.1.5.3.1 Product launches and approvals
- 11.1.5.3.2 Other developments
- 11.1.5.4 MnM view
- 11.1.5.4.1 Key strengths
- 11.1.5.4.2 Strategic choices
- 11.1.5.4.3 Weaknesses and competitive threats
- 11.1.6 KONINKLIJKE PHILIPS N.V.
- 11.1.6.1 Business overview
- 11.1.6.2 Products offered
- 11.1.6.3 Recent developments
- 11.1.7 MICROPORT SCIENTIFIC CORPORATION
- 11.1.7.1 Business overview
- 11.1.7.2 Products offered
- 11.1.7.3 Recent developments
- 11.1.7.3.1 Product launches and approvals
- 11.1.8 NIHON KOHDEN CORPORATION
- 11.1.8.1 Business overview
- 11.1.8.2 Products offered
- 11.1.8.3 Recent developments
- 11.1.9 SHENZHEN MINDRAY BIO-MEDICAL ELECTRONICS CO., LTD.
- 11.1.9.1 Business overview
- 11.1.9.2 Products offered
- 11.1.9.3 Recent developments
- 11.1.9.3.1 Product launches and approvals
- 11.1.9.3.2 Other developments
- 11.1.10 BIOTRONIK
- 11.1.10.1 Business overview
- 11.1.10.2 Products offered
- 11.1.10.3 Recent developments
- 11.1.11 CU MEDICAL SYSTEMS CO., LTD.
- 11.1.11.1 Business overview
- 11.1.11.2 Products offered
- 11.1.12 METSIS MEDIKAL
- 11.1.12.1 Business overview
- 11.1.12.2 Products offered
- 11.1.13 MEDIANA CO, LTD.
- 11.1.13.1 Business overview
- 11.1.13.2 Products offered
- 11.1.13.3 Recent developments
- 11.1.13.3.1 Other developments
- 11.1.14 PROGETTI SRL
- 11.1.14.1 Business overview
- 11.1.14.2 Products offered
- 11.1.14.3 Recent developments
- 11.1.14.3.1 Other developments
- 11.1.15 SCHILLER AG
- 11.1.15.1 Business overview
- 11.1.15.2 Products offered
- 11.1.15.3 Recent developments
- 11.1.15.3.1 Deals
- 11.1.15.3.2 Other developments
- 11.2 OTHER PLAYERS
- 11.2.1 BPL MEDICAL TECHNOLOGIES
- 11.2.2 METRAX GMBH
- 11.2.3 MS WESTFALIA GMBH
- 11.2.4 BEXEN CARDIO
- 11.2.5 SHENZHEN COMEN MEDICAL INSTRUMENTS LTD.
- 11.2.6 AVIVE SOLUTIONS
- 11.2.7 AMI ITALIA
- 11.2.8 CORPULS
- 11.2.9 ALLIED MEDICAL LTD.
- 11.2.10 AXION CONCERN LLC
12 APPENDIX
- 12.1 DISCUSSION GUIDE
- 12.2 KNOWLEDGESTORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
- 12.3 CUSTOMIZATION OPTIONS
- 12.4 RELATED REPORTS
- 12.5 AUTHOR DETAILS