Spain Defibrillator Market Size & Outlook, 2024-2030
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Spain defibrillator market highlights
- The Spain defibrillator market generated a revenue of USD 230.5 million in 2023 and is expected to reach USD 401.9 million by 2030.
- The Spain market is expected to grow at a CAGR of 8.3% 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 230.5 million |
| Market revenue in 2030 | USD 401.9 million |
| Growth rate | 8.3% (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, Spain accounted for 3.2% 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 58.18% in 2024. Horizon Databook has segmented the Spain 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 Spanish Heart Foundation, around 30,000 individuals in Spain die due to sudden cardiac arrest. This survival rate is low, accounting for around 5% to 10%. Due to the very low survival rate, the demand for defibrillators in the country is rapidly growing. Hence, the country's Comunidades Autonomas (CCAA) are rapidly installing the devices.
According to Defibrillator.com, there are only 2 defibrillators for every 10,000 individuals in the country. In 2009, the Spanish Government laid the foundations for regulating the presence of AEDs in Royal Decree 365/2009, which established the minimum conditions and requirements for safety and quality in the use of this equipment outside the healthcare field.
The regulations currently in force value the importance of health protection and how defibrillators can help save lives in the event of cardiorespiratory arrest. In addition, government initiatives to install cardiac rescue columns equipped with AEDs are further contributing to market growth.
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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 |
Spain defibrillator market size, by product, 2018-2030 (US$M)
Spain Defibrillator Market Outlook Share, 2024 & 2030 (US$M)
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