Defibrillator Market: Saving Lives with Cutting-Edge Technology

The global defibrillator market is poised for significant growth, with a projected CAGR of 5.9%, expected to reach USD 18.1 billion by 2028 from USD 13.6 billion in 2023. Several key factors are driving this remarkable expansion, including the increasing incidence of cardiac arrest among patients with cardiovascular diseases worldwide, government and private organizations' initiatives to enhance public access to defibrillators during cardiac emergencies, and a rise in defibrillator training and awareness programs. Ongoing innovations in Subcutaneous Implantable Cardioverter-Defibrillators (S-ICDs), MRI-compatible ICDs, and CRT-Ds, coupled with improving healthcare infrastructure in emerging nations, are also contributing to the market's growth.