European defibrillators market is expected to grow significantly owing to the Sudden Cardiac Death(SCD);and is responsible for about 20% of total mortalities in Europe. Sudden cardiac death claims for more than 350,000 lives per year in Europe. This disease is the predominant risk of death for patients with heart failure. The disease is deadly within minutes if left untreated and its survival rate is just 5%–20%. It is considered as a significant economic burden on a societal basis. Additionally, it is estimated to cost between $860,000 and $1.6 million per case. Moreover, the risk increases for patients suffering from a myocardial infarction. Such high prevalence and mortalities due to cardiac arrest are considered as the most important factors in the defibrillator’s market growth
European network has been created in the region to find sudden cardiac arrest causes and compare treatments. This network, formerly known as European Sudden Cardiac Arrest network (ESCAPE-NET), is backed by the ERC and European Heart Rhythm Association (EHRA), a registered branch of the European Society of Cardiology (ESC). Additionally, it is being funded by a European Union Horizon 2020 grant. 16 scientific teams in ESCAPE-NET across Europe are pooling their expertise and patient populations for creating a database of SCA suffering by the community’s population and it is sufficiently large to study causes, treatments, and prevention strategies. This database includes more than 80,000 SCA patients with around 20,000 DNA samples.
Further, several European policies and regulations are meant to safeguard patients and ensure safety and security of the citizens and keenly observe medical devices and services. Stringent regulations and policies enable to avoid entry of drugs and devices that might be a risk to patients on using medical devices and services, which contributes for significant growth of the defibrillator market.
Research Methodology
The market study of the European Defibrillators market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macro-economic factors. Numbers extracted from Secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.
Secondary Sources Include
The report is intended for medical device manufacturing companies, distributors and suppliers, and other related companies for overall market analysis and competitive analysis.The report provides an in-depth analysis of market size, intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.
Market Segmentation
1. European Defibrillators Market Research and Analysis by Type
2. European Defibrillators Market Research and Analysis by End-users
The Report Covers
1. Report Summary
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Geography
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
2.3. Rules & Regulations
3. Competitive Landscape
3.1. Company Share Analysis
3.2. Key Strategy Analysis
3.3. Key Company Analysis
3.3.1. Overview
3.3.2. Financial Analysis
3.3.3. SWOT Analysis
3.3.4. Recent Developments
4. Market Determinants
4.1. Motivators
4.2. Restraints
4.3. Opportunities
5. Market Segmentation
5.1. European Defibrillators Market by Type
5.1.1. Implantable Cardioverter Defibrillators
5.1.2. External Cardioverter Defibrillators
5.2. European Defibrillators Market by End-Users
5.2.1. Hospitals
5.2.2. Ambulatory Services and Others
6. Regional Analysis
6.1. Germany
6.2. UK
6.3. France
6.4. Italy
6.5. Spain
6.6. Rest of Europe
7. Company Profiles
7.1. Abbott Laboratories, Inc.
7.2. Biotronik SE & Co. KG
7.3. Cintas Corp.
7.4. Defibtech, LLC
7.5. General Electric Co.
7.6. Koninklijke Philips N.V.
7.7. LivaNova PLC
7.8. Medtronic PLC
7.9. Mindray Medical International Co. Ltd.
7.10. Nihon Kohden Corp.
7.11. Stryker Corp.
1. EUROPEAN DEFIBRILLATORS MARKET RESEARCH AND ANALYSIS BY TYPE, 2018-2025 ($ MILLION)
2. EUROPEAN DEFIBRILLATORS MARKET RESEARCH AND ANALYSIS BY END-USERS, 2018-2025 ($ MILLION)
3. EUROPEAN DEFIBRILLATORS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2018-2025 ($ MILLION)
1. EUROPEAN DEFIBRILLATORS MARKET SHARE BY TYPE, 2018 VS 2025 (%)
2. EUROPEAN DEFIBRILLATORS MARKET SHARE BY END-USERS, 2018 VS 2025 (%)
3. EUROPEAN DEFIBRILLATORS MARKET SHARE BY GEOGRAPHY, 2018 VS 2025 (%)
4. GERMANY DEFIBRILLATORS MARKET SIZE, 2018-2025 ($ MILLION)
5. UK DEFIBRILLATORS MARKET SIZE, 2018-2025 ($ MILLION)
6. FRANCE DEFIBRILLATORS MARKET SIZE, 2018-2025 ($ MILLION)
7. ITALY DEFIBRILLATORS MARKET SIZE, 2018-2025 ($ MILLION)
8. SPAIN DEFIBRILLATORS MARKET SIZE, 2018-2025 ($ MILLION)
9. REST OF EUROPE DEFIBRILLATORS MARKET SIZE, 2018-2025 ($ MILLION)