Sweden Defibrillator Market Size & Outlook, 2024-2030
Sweden Defibrillator Market, 2018-2030 (US$M)
Global Report
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Sweden defibrillator market highlights
- The Sweden defibrillator market generated a revenue of USD 46.7 million in 2023 and is expected to reach USD 83.1 million by 2030.
- The Sweden market is expected to grow at a CAGR of 8.6% 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 46.7 million |
| Market revenue in 2030 | USD 83.1 million |
| Growth rate | 8.6% (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, Sweden accounted for 0.6% 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.
The healthcare system in Sweden spends more on healthcare than any other European country, i.e., around 11% of the total GDP. More than 10,000 people in Sweden suffer from SCA every year. However, the survival rate in the country is much higher compared to other European countries, which doubled over the past 20 years.
This can be attributed to initiatives undertaken by Sweden’s Government in the prevention methods for SCA. For instance, SMS Lifesaver is an application introduced by the Karolinska Institute, by which, CPR volunteers are alerted for any out-of-hospital cardiac arrest.
Till November 2021, there were around 130,000 CPR volunteers available in 11 regions of Sweden, and more than 20,000 defibrillators were available to the public. Furthermore, the country is investing more to further reduce the mortality associated with SCA.
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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/ |
Sweden 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 61.24% in 2023.
Horizon Databook has segmented the Sweden defibrillator market based on implantable cardioverter defibrillator (icd), external defibrillator covering the revenue growth of each sub-segment from 2018 to 2030.
The healthcare system in Sweden spends more on healthcare than any other European country, i.e., around 11% of the total GDP. More than 10,000 people in Sweden suffer from SCA every year. However, the survival rate in the country is much higher compared to other European countries, which doubled over the past 20 years.
This can be attributed to initiatives undertaken by Sweden’s Government in the prevention methods for SCA. For instance, SMS Lifesaver is an application introduced by the Karolinska Institute, by which, CPR volunteers are alerted for any out-of-hospital cardiac arrest.
Till November 2021, there were around 130,000 CPR volunteers available in 11 regions of Sweden, and more than 20,000 defibrillators were available to the public. Furthermore, the country is investing more to further reduce the mortality associated with SCA.
- Sweden Defibrillator Market Product Outlook (Revenue, USD Million , 2018-2030)
- Implantable Cardioverter Defibrillator (ICD)
- External Defibrillator
- Sweden 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 Sweden Defibrillator Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Sweden Defibrillator Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Sweden Defibrillator Market, 2018-2030 (US$M)
Sweden defibrillator market statistics, by product, 2018-2030 (US$M)
