India External Defibrillators Market Size & Outlook
India external defibrillators market, 2018-2030 (US$M)
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India external defibrillators market highlights
- The India external defibrillators market generated a revenue of USD 155.2 million in 2023 and is expected to reach USD 306.3 million by 2030.
- The India market is expected to grow at a CAGR of 10.2% 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 155.2 million |
| Market revenue in 2030 | USD 306.3 million |
| Growth rate | 10.2% (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, India accounted for 4.4% 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 Asia Pacific, Japan external defibrillators market is projected to lead the regional market in terms of revenue in 2030.
- Thailand is the fastest growing regional market in Asia Pacific and is projected to reach USD 76.2 million by 2030.
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External Defibrillators Market Scope
External Defibrillators Market Companies
| Name | Profile | # Employees | HQ | Website |
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India 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 India external defibrillators market based on hospitals, outpatient facilities, homecare covering the revenue growth of each sub-segment from 2018 to 2030.
The India external defibrillators market is anticipated to grow notably over the forecast period. This can be attributed to growing awareness about cardiac health, improving healthcare facilities & regulatory scenarios, and presence of global & local market players.
Jeevtronics is an Indian startup that has developed an electricity grid + hand-cranked dual-powered defibrillator, as reported in July 2021. The company received four patents in the U.S. and India and has shipped over 200 devices across India and Africa.
The country also has a high prevalence of cardiovascular diseases, thus increasing the risk of SCA. With the rising number of cardiac patients and the high mortality rate associated with OHCA, there is a growing need for external defibrillators in the market in India.
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Horizon Databook provides a detailed overview of country-level data and insights on the India external defibrillators market , including forecasts for subscribers. This country databook contains high-level insights into India external defibrillators market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India external defibrillators market size, by end use, 2018-2030 (US$M)
India External Defibrillators Market Outlook Share, 2023 & 2030 (US$M)
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