Latin America External Defibrillators Market Size & Outlook
Latin America external defibrillators market, 2018-2030 (US$M)
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Latin America external defibrillators market highlights
- The Latin America external defibrillators market generated a revenue of USD 219.2 million in 2023.
- The market is expected to grow at a CAGR of 9.8% 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.
- Country-wise, Mexico is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 219.2 million |
| Market revenue in 2030 | USD 422.4 million |
| Growth rate | 9.8% (CAGR from 2023 to 2030) |
| Largest segment | Hospitals |
| Fastest growing segment | Outpatient Facilities |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 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, Latin America region accounted for 6.2% of the global external defibrillators market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Europe is the fastest growing regional market and is projected to reach USD 1,426.3 million by 2030.
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External Defibrillators Market Scope
External Defibrillators Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America 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 48.68% in 2023. Horizon Databook has segmented the Latin America external defibrillators market based on hospitals, outpatient facilities, homecare covering the revenue growth of each sub-segment from 2018 to 2030.
The external defibrillator market in Latin America is expected to witness significant growth over the forecast period, driven by the growing awareness about cardiac arrest and increasing regulatory frameworks to support the availability of AEDs in public & private places.
According to the American Heart Association, Inc., more Latin American countries are developing supportive regulatory frameworks to increase the availability of AEDs in high-traffic locations. Countries such as Colombia, Panama, Chile, Argentina, Puerto Rico, and Uruguay have already implemented similar laws to regulate the use of AEDs.
Growing investments by key companies in the external defibrillator market, such as Nihon Kohden, and supportive regulations are among the key factors expected to contribute to market growth in Latin America over the forecast period.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America external defibrillators market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America external defibrillators market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America external defibrillators market size, by country, 2018-2030 (US$M)
Latin America External Defibrillators Market Outlook Share, 2023 & 2030 (US$M)
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