Top Companies in Defibrillators Market | Major players Past data, Growth rate, Regional analysis by VMR
The Defibrillators Market is witnessing significant growth due to the rising occurrences of target diseases, training and awareness programs on defibrillators, and the growing focus on providing public-access defibrillators.
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Upcoming trends for Defibrillators Market
The Global Defibrillators Market is valued at USD 11.1 Billion in the year 2021 and is projected to reach a value of USD 18.8 Billion by the year 2028. The Global Market is anticipated to grow to exhibit a Compound Annual Growth Rate (CAGR) of 9.2% over the forecast period. Increased health awareness, changing demographics, and the rising prevalence of cardiovascular diseases are some of the key factors that advance the Defibrillators Market. The world population, currently, is struggling with non-communicable diseases such as cardiovascular diseases, obesity-related disorders, diabetes, and hypertension among others. These diseases have a negative impact on the cardiac health of individuals. Owing to this, there is an increase in cardiac surgeries and procedures. This will drive the growth of Defibrillators Market. Furthermore, changing demographics have increased the population of aging citizens. This further increases the demand and need for cardiac procedures. Subsequently, the presence of a large number of developing and developed economies, worldwide, has resulted in economic growth and high disposable incomes. Owing to this, the expenditure power of consumers has risen, which will further enhance the Defibrillators Market
Some of the key players in the Defibrillators Market are as below:
|
Company Name |
Revenue in USD |
|
$11 Billion |
|
$43 Billion |
|
$1 Billion |
|
$19 Billion |
|
$722 Million |
|
$1 Billion |
|
$42 Million |
|
$75 Million |
Boston Scientific Corporation, doing business as Boston Scientific, is a manufacturer of medical devices used in interventional medical specialties, including interventional radiology, and interventional. The company is listed as BSX (NYSE) in the New York stock market. The company is headquartered in Marlborough, Massachusetts, United States. In 2020, the company generated revenue of USD 9.31 billion. In 2019, the company had approximately 36,000 employees working across the globe.
Abbott Laboratories is an American multinational medical devices and health care company with headquarters in Abbott Park, Illinois, United States. The company is listed as ABT (NYSE) on the New York stock market. The company is headquartered in Chicago, Illinois, United States. In 2020, the company generated revenue of USD 34.60 billion. In 2021, the company had approximately 113,000 employees working across the globe.
Nihon Kohden Corporation is a Tokyo-based leading manufacturer, developer, and distributor of medical electronic equipment, which includes EEGs, EMG measuring systems, ECGs, patient monitors, and clinical information systems, with subsidiaries in the U.S., Europe, and Asia. The company is listed as 6849 (TYO) on the Tokyo stock market. The company is headquartered in Shinjuku City, Tokyo, Japan. In 2021, the company had approximately 5,531 employees working across the globe.
Koninklijke Philips N.V. is a Dutch multinational conglomerate corporation that was founded in Eindhoven in 1891. Since 1997, it has been mostly headquartered in Amsterdam, though the Benelux headquarters is still in Eindhoven. The company is listed as PHIA (AMS) on the Amsterdam stock market. The company is headquartered in Amsterdam, Netherlands. In 2020, the company generated revenue of USD 19.53 billion. In 2020, the company had approximately 81,592 employees working across the globe.
Biotronik is a limited partnership multi-national cardiovascular biomedical research and technology company, headquartered in Berlin, Germany. The company offers equipment for diagnosis, treatment, and therapy support in the areas of cardiac rhythm management, electrophysiology, and vascular intervention. In 2020, the company generated revenue of USD 140.13 billion. In 2019, the company had approximately 9,000 employees working across the globe.
LivaNova, PLC is an American medical device manufacturer domiciled in the UK. The company develops devices used for cardiac surgery and neuromodulator. The company was formed in 2015 by a $2.7B merger between Houston, Texas-based Cyberonics, Inc., and Milan, Italy-based Sorin S.p.a. The company is listed as LIVN (NASDAQ) in New York City stock market. The company is headquartered in the United Kingdom. In 2019, the company had approximately 3,000 employees working across the globe.
MEDIANA Co., Ltd. is making efforts to develop products that can contribute to human society based on medical technologies that measure vital signs and revitalize heart function. The company is headquartered in Wonju, Gangwon, South Korea. In 2020, the company generated revenue of USD 14 billion. In 2020, the company had approximately 500 employees working across the globe.
BPL, the best medical equipment manufacturing company in India is a pioneer in innovative medical technologies and provides complete healthcare solutions. The company is listed as BSE on the Bombay stock market. The company is headquartered in Bangalore, India. In 2020, the company generated revenue of USD 10 billion. In 2019, the company had approximately 1000 employees working across the globe.
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