There has been a sharp rise in the prevalence of cardiac diseases all over the world over the last few years. This is because of the rising consumption of fast foods and high-calorie food times, increasing adoption of sedentary lifestyles, rising incidence of smoking, and soaring obesity levels around the world. Moreover, the increasing stress levels being caused due to the rising peer pressure, growing financial responsibilities, and long working hours, especially in the developing countries, are further augmenting the incidence of various Heart-related ailments and cardiovascular diseases (CVDs), which is, in turn, boosting the global demand for Defibrillators.
Receive Sample Copy of this Report: https://www.psmarketresearch.com/market-analysis/defibrillator-market-forecast/report-sample
As per the findings of the World Health Organization (WHO), “CVDs are the major cause of death, globally. In 2016, approximately 17.9 million people died due to CVDs, representing 31% of the total deaths, globally. Of these deaths, 85% were due to heart attack and stroke.” Similarly, as per the 2017 report Heart Disease and Stroke Statistics published by the American Heart Association (AHA), in the U.S., one out every three people die because of a CVD every year, which equals to, the deaths of nearly 800,000 people every year.
Make an Enquiry before Purchase: https://www.psmarketresearch.com/send-enquiry?enquiry-url=defibrillator-market-forecast
Further, according to the estimates of P&S Intelligence, a market research firm based in India, the market will advance at a CAGR of 7.2% between 2020 and 2030. External defibrillators and implantable cardioverter defibrillators (ICDs) are the two main types of defibrillators used across the world. Between them, the usage of the ICDs will be higher in the future years. This is ascribed to the rapid technological advancements and innovations being made in defibrillators. Furthermore, these devices are built for treating fast heart rates and restoring them to the normal levels and constantly monitoring the heart of a patient.
Globally, the North American defibrillator market is predicted to exhibit the most explosive growth in the forthcoming years. This is credited to the existence of well-established defibrillator manufacturing companies, rising investments being made by public and private organizations for supporting R&D (research and development) activities in defibrillators, and the presence of a thriving healthcare industry and favorable reimbursement laws which make the availing of expensive healthcare including the usage of defibrillators such as ICDs possible for patients in this region.
Hence, it can be said without any hesitation that the sales of defibrillators will surge all over the world in the upcoming years, because of the growing prevalence of chronic and cardiovascular diseases (CVDs) and the presence of a soaring geriatric population in many countries around the world.
