Brazil Defibrillator Market Size & Outlook, 2024-2030
Brazil Defibrillator Market, 2018-2030 (US$M)
Global Report
Related Markets
Brazil defibrillator market highlights
- The Brazil defibrillator market generated a revenue of USD 126.9 million in 2023 and is expected to reach USD 203.7 million by 2030.
- The Brazil market is expected to grow at a CAGR of 7% from 2024 to 2030.
- In terms of segment, implantable cardioverter defibrillator (icd) was the largest revenue generating product in 2023.
- External Defibrillator is the most lucrative product segment registering the fastest growth during the forecast period.
Defibrillator market data book summary
| Market revenue in 2023 | USD 126.9 million |
| Market revenue in 2030 | USD 203.7 million |
| Growth rate | 7% (CAGR from 2023 to 2030) |
| Largest segment | Implantable cardioverter defibrillator (icd) |
| Fastest growing segment | External Defibrillator |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Implantable Cardioverter Defibrillator (ICD), External Defibrillator |
Other key industry trends
- In terms of revenue, Brazil accounted for 1.7% of the defibrillator market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil defibrillator market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in Latin America and is projected to reach USD 179.2 million by 2030.
According to a Global Burden of Disease Study 2019, IHD was the leading cause of death in Brazil, and the prevalence of IHD increased from 1.48 million individuals in 1990 to around 4 million individuals in 2019. This is expected to boost the demand for defibrillators in the country.
Brazil is a growing economy majorly focused on healthcare. Most of the exports of Brazil are advanced home healthcare products. Thus, the home care and PAD segment are expected to grow lucratively in this country. In addition, the government may be planning to introduce stringent regulations pertaining to the quality of medical devices.
For new entrants in the Brazilian medical devices market, the only expected drawback is the political instability and the recent economic recession. Brazil makes a significant contribution to the regional market due to the rise in heart diseases nationwide. Overweight and obesity are the main factors responsible for heart diseases such as stroke and CVD.
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Publish Date: Oct 09, 2024
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Defibrillator Market Scope
Defibrillator Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Abbott Laboratories | View profile | 114,000 | 100 Abbott Park Road, Abbott Park, IL, United States, 60064-6400 | www.abbottinvestor.com |
| Koninklijke Philips NV | View profile | 73,712 | Philips Center, Amstelplein 2, Amsterdam, Netherlands, 1096 BC | www.philips.com |
| Medtronic PLC | View profile | 95,000 | Lower Hatch Street, 20 On Hatch, Dublin, Ireland, 2 | www.medtronic.com |
| Stryker Corp | View profile | 52,000 | 1941 Stryker Way, Portage, MI, United States, 49002 | www.stryker.com |
| Boston Scientific Corp | View profile | 48,000 | 300 Boston Scientific Way, Marlborough, MA, United States, 01752-1234 | www.bostonscientific.com |
| Nihon Kohden Corp | View profile | 6,325 | 31-4 Nishiochiai 1-chome, Shinjuku-ku, Tokyo, Japan, 1618560 | www.nihonkohden.co.jp |
| BIOTRONIK | View profile | 5001-10000 | Berlin, Berlin, Germany, Europe | www.biotronik.com/de-de |
| MicroPort Scientific Corp | View profile | 8,230 | 1601 Zhangdong Road, Zhangjiang Hi-Tech Park, Shanghai, China, People's Republic of, 201203 | www.microport.com |
| SCHILLER | View profile | 501-1000 | Feldkirchen, Bayern, Germany, Europe | www.schillermed.de/ |
| ZOLL Medical Corporation | View profile | 1001-5000 | Chelmsford, Massachusetts, United States, North America | www.zoll.com/ |
Brazil Defibrillator Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Defibrillator Market Outlook will help companies and investors design strategic landscapes.
Implantable Cardioverter Defibrillator (Icd) was the largest segment with a revenue share of 60.44% in 2023.
Horizon Databook has segmented the Brazil defibrillator market based on implantable cardioverter defibrillator (icd), external defibrillator covering the revenue growth of each sub-segment from 2018 to 2030.
According to a Global Burden of Disease Study 2019, IHD was the leading cause of death in Brazil, and the prevalence of IHD increased from 1.48 million individuals in 1990 to around 4 million individuals in 2019. This is expected to boost the demand for defibrillators in the country.
Brazil is a growing economy majorly focused on healthcare. Most of the exports of Brazil are advanced home healthcare products. Thus, the home care and PAD segment are expected to grow lucratively in this country. In addition, the government may be planning to introduce stringent regulations pertaining to the quality of medical devices.
For new entrants in the Brazilian medical devices market, the only expected drawback is the political instability and the recent economic recession. Brazil makes a significant contribution to the regional market due to the rise in heart diseases nationwide. Overweight and obesity are the main factors responsible for heart diseases such as stroke and CVD.
- Brazil Defibrillator Market Product Outlook (Revenue, USD Million , 2018-2030)
- Implantable Cardioverter Defibrillator (ICD)
- External Defibrillator
- Brazil Defibrillator Market end Use Outlook (Revenue, USD Million , 2018-2030)
- Hospital
- Pre hospital
- Public Access market
- Alternate care market
- Home healthcare
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil Defibrillator Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Brazil Defibrillator Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Brazil Defibrillator Market, 2018-2030 (US$M)
Brazil defibrillator market statistics, by product, 2018-2030 (US$M)
