Canada Defibrillator Market Size & Outlook, 2024-2030
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Canada defibrillator market highlights
- The Canada defibrillator market generated a revenue of USD 445.6 million in 2023 and is expected to reach USD 768.6 million by 2030.
- The Canada market is expected to grow at a CAGR of 8.1% from 2024 to 2030.
- In terms of segment, external defibrillator 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 445.6 million |
| Market revenue in 2030 | USD 768.6 million |
| Growth rate | 8.1% (CAGR from 2023 to 2030) |
| Largest segment | External defibrillator |
| 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, Canada accounted for 6.1% of the global defibrillator market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. defibrillator market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 768.6 million by 2030.
External defibrillator was the largest segment with a revenue share of 52% in 2024. Horizon Databook has segmented the Canada defibrillator market based on implantable cardioverter defibrillator (icd), external defibrillator covering the revenue growth of each sub-segment from 2018 to 2030.
According to the Heart and Stroke Foundation (HSF) of Canada, an estimated 35,000 residents experience sudden cardiac arrest annually. Hence, the government of Canada, in association with the Heart and Stroke Foundation (HSF) of Canada, is working to improve product availability of AEDs across the country, especially in hockey arenas and recreational facilities.
The government spent almost USD 9.7 million to achieve this mission from 2013 to 2016. This initiative is called Promoting Access to AEDs and includes training people to use AEDs. The HSF has assessed about 3,500 arenas across Canada for installing AEDs. Under the National AED Program, HSF was also responsible for replacing any outdated AEDs with upgraded systems.
Moreover, in March 2021, the government of Nova Scotia, a province in Canada, spent USD 700,000 to equip automated external defibrillators in around 70 public schools in the province with the purchase of around 350 devices.
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Defibrillator Market Scope
Defibrillator Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| ZOLL Medical Corporation | View profile | 1001-5000 | Chelmsford, Massachusetts, United States, North America | http://www.zoll.com/ |
| SCHILLER | View profile | 501-1000 | Feldkirchen, Bayern, Germany, Europe | https://www.schillermed.de/ |
| MicroPort Scientific Corp | View profile | 8230 | 1601 Zhangdong Road, Zhangjiang Hi-Tech Park, Shanghai, China, People's Republic of, 201203 | https://www.microport.com |
| BIOTRONIK | View profile | 5001-10000 | Berlin, Berlin, Germany, Europe | https://www.biotronik.com/de-de |
| Nihon Kohden Corp | View profile | 6325 | 31-4 Nishiochiai 1-chome, Shinjuku-ku, Tokyo, Japan, 1618560 | http://www.nihonkohden.co.jp |
| Boston Scientific Corp | View profile | 48000 | 300 Boston Scientific Way, Marlborough, MA, United States, 01752-1234 | https://www.bostonscientific.com |
| Stryker Corp | View profile | 52000 | 1941 Stryker Way, Portage, MI, United States, 49002 | https://www.stryker.com |
| Medtronic PLC | View profile | 95000 | Lower Hatch Street, 20 On Hatch, Dublin, Ireland, 2 | https://www.medtronic.com |
| Koninklijke Philips NV | View profile | 73712 | Philips Center, Amstelplein 2, Amsterdam, Netherlands, 1096 BC | https://www.philips.com |
| Abbott Laboratories | View profile | 114000 | 100 Abbott Park Road, Abbott Park, IL, United States, 60064-6400 | https://www.abbottinvestor.com |
Canada defibrillator market size, by product, 2018-2030 (US$M)
Canada Defibrillator Market Outlook Share, 2024 & 2030 (US$M)
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