Canada External Defibrillators Market Size & Outlook
Canada external defibrillators market, 2018-2030 (US$M)
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Canada external defibrillators market highlights
- The Canada external defibrillators market generated a revenue of USD 232.9 million in 2023 and is expected to reach USD 444.5 million by 2030.
- The Canada market is expected to grow at a CAGR of 9.7% from 2024 to 2030.
- In terms of segment, hospitals was the largest revenue generating end use in 2023.
- Outpatient Facilities is the most lucrative end use segment registering the fastest growth during the forecast period.
External defibrillators market data book summary
| Market revenue in 2023 | USD 232.9 million |
| Market revenue in 2030 | USD 444.5 million |
| Growth rate | 9.7% (CAGR from 2023 to 2030) |
| Largest segment | Hospitals |
| Fastest growing segment | Outpatient Facilities |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hospitals, Outpatient Facilities, Homecare |
| Key market players worldwide | Koninklijke Philips NV, Stryker Corp, ZOLL Medical Corporation, Nihon Kohden Corp, SCHILLER, shenzhen mindray automation equipment co., Mediana, GP Progetti srl, Bexen Cardio, Silverline Meditech |
Other key industry trends
- In terms of revenue, Canada accounted for 6.6% of the global external defibrillators market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. external defibrillators market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 444.5 million by 2030.
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External Defibrillators Market Scope
External Defibrillators Market Companies
| Name | Profile | # Employees | HQ | Website |
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Canada external defibrillators market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to external defibrillators market will help companies and investors design strategic landscapes.
Hospitals was the largest segment with a revenue share of 48.65% in 2023. Horizon Databook has segmented the Canada external defibrillators market based on hospitals, outpatient facilities, homecare covering the revenue growth of each sub-segment from 2018 to 2030.
The adoption of manual and automatic external defibrillators in Canada is increasing due to supportive policies and regulations by several healthcare organizations. As per a 2021 article on Emergency Cardiac Care published by Providence Health Care in Canada, the use of AEDs or manual defibrillators is recommended in case a person suffers from SCA.
In addition, the article states that nurses are strongly encouraged to provide immediate CPR and other modes of emergency cardiac care along with defibrillators if the patient is in a hospital or other healthcare facilities that have onsite defibrillators. The use of a defibrillator before starting CPR is recommended if the adult patient has no pulse.
The act is likely to have a positive impact on the deployment of AEDs in public places, improving coverage and ensuring that AEDs are located in appropriate areas with clear signage. This development is expected to drive the demand for semi-automated and automated external defibrillators in Canada during the forecast period.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada external defibrillators market , including forecasts for subscribers. This country databook contains high-level insights into Canada external defibrillators market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada external defibrillators market size, by end use, 2018-2030 (US$M)
Canada External Defibrillators Market Outlook Share, 2023 & 2030 (US$M)
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