Kuwait Defibrillator Market Size & Outlook, 2024-2030
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Kuwait defibrillator market highlights
- The Kuwait defibrillator market generated a revenue of USD 33.3 million in 2023 and is expected to reach USD 56.5 million by 2030.
- The Kuwait market is expected to grow at a CAGR of 7.8% from 2024 to 2030.
- In terms of segment, external defibrillator 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 33.3 million |
| Market revenue in 2030 | USD 56.5 million |
| Growth rate | 7.8% (CAGR from 2023 to 2030) |
| Largest segment | External defibrillator |
| 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, Kuwait accounted for 0.5% 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 Middle East & Africa, South Africa defibrillator market is projected to lead the regional market in terms of revenue in 2030.
- Kuwait is the fastest growing regional market in Middle East & Africa and is projected to reach USD 56.5 million by 2030.
External defibrillator was the largest segment with a revenue share of 52.55% in 2024. Horizon Databook has segmented the Kuwait defibrillator market based on implantable cardioverter defibrillator (icd), external defibrillator covering the revenue growth of each sub-segment from 2018 to 2030.
The defibrillator market in UAE is growing steadily. This can be attributed to the growing prevalence of SDA and its high mortality. According to the Dubai Health Authority, around 1,600 cases of cardiac arrest are reported in the country every year, with around 5% of survival rate.
Moreover, the government of UAE is constantly taking initiatives and launching campaigns to improve access to devices to decrease fatalities due to cardiac arrest. For instance, in January 2022, the Dubai Heart Safe City initiative was launched in Dubai at Arab Health 2022.
Under this initiative, the Dubai Health Authority collaborated with American Heart Association to launch Heart Saver Program, which would provide 3,200 AEDs in public places such as airports, malls, & community centers and train around 10,000 people.
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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 |
Kuwait defibrillator market size, by product, 2018-2030 (US$M)
Kuwait Defibrillator Market Outlook Share, 2024 & 2030 (US$M)
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