Europe Defibrillator Market Size & Outlook, 2024-2030
Europe Defibrillator Market, 2018-2030 (US$M)
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Europe defibrillator market highlights
- The Europe defibrillator market generated a revenue of USD 1,832.0 million in 2023.
- The market is expected to grow at a CAGR of 8.1% 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.
- Country-wise, Italy is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 1,832.0 million |
| Market revenue in 2030 | USD 3,166.7 million |
| Growth rate | 8.1% (CAGR from 2023 to 2030) |
| Largest segment | Implantable cardioverter defibrillator (icd) |
| Fastest growing segment | External Defibrillator |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Implantable Cardioverter Defibrillator (ICD), External Defibrillator |
Other key industry trends
- In terms of revenue, Europe region accounted for 25.0% of the defibrillator market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 3,020.8 million by 2030.
According to the European Society of Cardiology, around 49 million people in the region suffer from Cardiovascular Diseases (CVD). There were 6 million new cases of CVD in 2019, which cost around USD 232 billion (EUR 210 billion) a year.
The major causes of death in European countries are stroke and Ischemic Heart Disease (IHD). The Central and Eastern European countries recorded a higher prevalence of CVDs than the Northern, Western, and Southern.
Moreover, according to the European Commission, SCA accounts for approximately 20% of the deaths in the region. The cardiac defibrillator market in Europe is growing at a considerable rate due to the increasing prevalence of cardiac arrhythmias and rising healthcare expenditure.
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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/ |
Europe 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 61.17% in 2023.
Horizon Databook has segmented the Europe 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 European Society of Cardiology, around 49 million people in the region suffer from Cardiovascular Diseases (CVD). There were 6 million new cases of CVD in 2019, which cost around USD 232 billion (EUR 210 billion) a year.
The major causes of death in European countries are stroke and Ischemic Heart Disease (IHD). The Central and Eastern European countries recorded a higher prevalence of CVDs than the Northern, Western, and Southern.
Moreover, according to the European Commission, SCA accounts for approximately 20% of the deaths in the region. The cardiac defibrillator market in Europe is growing at a considerable rate due to the increasing prevalence of cardiac arrhythmias and rising healthcare expenditure.
- Europe Defibrillator Market Product Outlook (Revenue, USD Million , 2018-2030)
- Implantable Cardioverter Defibrillator (ICD)
- External Defibrillator
- Europe 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 continent-level data and insights on the Europe Defibrillator Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into Europe Defibrillator Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Europe Defibrillator Market, 2018-2030 (US$M)
Europe defibrillator market statistics, by product, 2018-2030 (US$M)
