Norway Defibrillator Market Size & Outlook, 2024-2030
Norway Defibrillator Market, 2018-2030 (US$M)
Global Report
Related Markets
Norway defibrillator market highlights
- The Norway defibrillator market generated a revenue of USD 20.2 million in 2023 and is expected to reach USD 30.7 million by 2030.
- The Norway market is expected to grow at a CAGR of 6.1% 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.
Defibrillator market data book summary
| Market revenue in 2023 | USD 20.2 million |
| Market revenue in 2030 | USD 30.7 million |
| Growth rate | 6.1% (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, Norway accounted for 0.3% of the defibrillator market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany defibrillator market is projected to lead the regional market in terms of revenue in 2030.
- Italy is the fastest growing regional market in Europe and is projected to reach USD 525.7 million by 2030.
According to the Norwegian Cardiac Arrest Registry’s annual report of 2021, the incidence of cardiac arrests in Norway was around 86 per 100,000 inhabitants per year. Around 4,639 out-of-hospital cardiac arrest cases were reported in 2021.
The use of the defibrillator is common in the country, and many patients receive CPR before the arrival of emergency services. The survival rate due to this has improved in the past few years. For instance, in Norway, of patients who were treated by paramedics or who had been shocked by one defibrillator before the ambulance arrived, 423 out of 2810 (7.8 per 100,000) patients survived cardiac arrest outside the hospital in 2021.
Hence, with the increasing use of defibrillators in the country, the companies are launching innovative products, which is expected to drive the growth of the market over the forecast period.
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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/ |
Norway 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 63.86% in 2023.
Horizon Databook has segmented the Norway 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 Norwegian Cardiac Arrest Registry’s annual report of 2021, the incidence of cardiac arrests in Norway was around 86 per 100,000 inhabitants per year. Around 4,639 out-of-hospital cardiac arrest cases were reported in 2021.
The use of the defibrillator is common in the country, and many patients receive CPR before the arrival of emergency services. The survival rate due to this has improved in the past few years. For instance, in Norway, of patients who were treated by paramedics or who had been shocked by one defibrillator before the ambulance arrived, 423 out of 2810 (7.8 per 100,000) patients survived cardiac arrest outside the hospital in 2021.
Hence, with the increasing use of defibrillators in the country, the companies are launching innovative products, which is expected to drive the growth of the market over the forecast period.
- Norway Defibrillator Market Product Outlook (Revenue, USD Million , 2018-2030)
- Implantable Cardioverter Defibrillator (ICD)
- External Defibrillator
- Norway 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 Norway Defibrillator Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Norway Defibrillator Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Norway Defibrillator Market, 2018-2030 (US$M)
Norway defibrillator market statistics, by product, 2018-2030 (US$M)
