Denmark Defibrillator Market Size & Outlook, 2024-2030
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Denmark defibrillator market highlights
- The Denmark defibrillator market generated a revenue of USD 31.0 million in 2023 and is expected to reach USD 53.1 million by 2030.
- The Denmark market is expected to grow at a CAGR of 8% 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 31.0 million |
| Market revenue in 2030 | USD 53.1 million |
| Growth rate | 8% (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, Denmark accounted for 0.4% of the global 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.
Implantable cardioverter defibrillator (icd) was the largest segment with a revenue share of 60.65% in 2024. Horizon Databook has segmented the Denmark 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 Danish Cardiac Arrest Registry (DCAR), in 2018, the incidence of out-of-hospital cardiac arrest in Denmark was as high as 93 per 100,000 individuals. In comparison with EU countries, the incidence was highest among Danish people.
Moreover, according to the Danish Heart Foundation, around 5,400 people in Denmark suffer from cardiac arrest out-of-hospital. Hence, the demand for defibrillation is high in the region. The availability of AEDs is high in the region, and the bystanders have access to the AED registry to retrieve AED before the arrival of emergency services.
The AED registry in the country holds around 21,000 publicly accessible registered AEDs, which is around 360 AEDs per 100,000 people, and allows bystanders to use them before emergency services arrive, which could reduce the mortality rate associated with cardiac arrest.
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Defibrillator Market Scope
Defibrillator Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| ZOLL Medical Corporation | View profile | 1001-5000 | Chelmsford, Massachusetts, United States, North America | http://www.zoll.com/ |
| SCHILLER | View profile | 501-1000 | Feldkirchen, Bayern, Germany, Europe | https://www.schillermed.de/ |
| MicroPort Scientific Corp | View profile | 8230 | 1601 Zhangdong Road, Zhangjiang Hi-Tech Park, Shanghai, China, People's Republic of, 201203 | https://www.microport.com |
| BIOTRONIK | View profile | 5001-10000 | Berlin, Berlin, Germany, Europe | https://www.biotronik.com/de-de |
| Nihon Kohden Corp | View profile | 6325 | 31-4 Nishiochiai 1-chome, Shinjuku-ku, Tokyo, Japan, 1618560 | http://www.nihonkohden.co.jp |
| Boston Scientific Corp | View profile | 48000 | 300 Boston Scientific Way, Marlborough, MA, United States, 01752-1234 | https://www.bostonscientific.com |
| Stryker Corp | View profile | 52000 | 1941 Stryker Way, Portage, MI, United States, 49002 | https://www.stryker.com |
| Medtronic PLC | View profile | 95000 | Lower Hatch Street, 20 On Hatch, Dublin, Ireland, 2 | https://www.medtronic.com |
| Koninklijke Philips NV | View profile | 73712 | Philips Center, Amstelplein 2, Amsterdam, Netherlands, 1096 BC | https://www.philips.com |
| Abbott Laboratories | View profile | 114000 | 100 Abbott Park Road, Abbott Park, IL, United States, 60064-6400 | https://www.abbottinvestor.com |
Denmark defibrillator market size, by product, 2018-2030 (US$M)
Denmark Defibrillator Market Outlook Share, 2024 & 2030 (US$M)
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