Global Defibrillator Market Outlook: Projected Growth and Trends
The Global Defibrillators Market is poised to grow significantly, reaching an estimated value of USD 20.84 billion by 2030. This growth is propelled by the rising prevalence of cardiovascular diseases and advancements in defibrillator technology. With an expected CAGR of 7.20% between 2024 and 2030, the market demonstrates robust potential driven by increased public awareness and innovations in cardiac care devices.
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Market Drivers and Trends
- Rising Cardiovascular Diseases
Cardiovascular diseases, claiming 17.9 million lives annually, are the leading cause of death globally. With aging populations, particularly in developed regions, the demand for defibrillators continues to rise. - Technological Advancements
Innovations in defibrillator technology, such as wearable devices, implantable defibrillators, and automated external