Canada Defibrillator Market By Product (Implantable Cardioverter Defibrillators (ICD), External Defibrillators), By End-Use (Hospital, Pre-Hospital, Public Access Market, Alternate Care Market, Home Healthcare) By Region, Competition, Forecast and Opportunities, 2028

Published Date: November - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Healthcare | Format: Report available in PDF / Excel Format

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Canada Defibrillator Market By Product (Implantable Cardioverter Defibrillators (ICD), External Defibrillators), By End-Use (Hospital, Pre-Hospital, Public Access Market, Alternate Care Market, Home Healthcare) By Region, Competition, Forecast and Opportunities, 2028

Growing Aging population can influence the growth of the market

The aging population in Canada acts as one of the major drivers of growth in the defibrillator market. As people age, they become more susceptible to cardiovascular diseases, such as coronary artery disease, heart failure, and arrhythmias, which can lead to sudden cardiac arrests. This has led to an increase in the demand for defibrillators, which are used to treat sudden cardiac arrests by delivering an electric shock to the heart to restore its normal rhythm. This trend is driving the development of new and advanced defibrillator technologies, including implantable cardioverter-defibrillators (ICDs) and wearable defibrillators, which are designed to meet the specific needs of older patients.

Increasing incidence of cardiovascular disease

The increasing incidence of cardiovascular diseases in Canada is one of the major factors driving the growth of the defibrillator market. Cardiovascular disease is a leading cause of death in Canada, accounting for more than 33% of all deaths in the country. The prevalence of cardiovascular diseases is expected to increase in the coming years due to various factors such as unhealthy lifestyles, sedentary jobs, and an aging population.

Growing adoption of AEDs in public places

The growing adoption of automated external defibrillators (AEDs) in public places is a significant factor driving the growth of the defibrillator market in Canada. An AED is a portable device that is used to detect and treat sudden cardiac arrest by delivering an electric shock to the heart. The device is designed to be user-friendly and can be used by anyone with minimal training.

Technological advancements

Technological advancements have played a crucial role in the growth of the Canada Defibrillator Market. The development of new and advanced technologies has made defibrillators more effective and efficient, leading to increased adoption and demand for these devices.


MIR Segment1

Government support

Government support has been a significant factor in the growth of the defibrillator market in Canada. The Canadian government has implemented several initiatives and policies to promote the adoption and use of defibrillators, which has contributed to the growth of the market.

Recent Developments

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Market Segmentation

Market Players

Medtronic of Canada Ltd, Abbott Canada., Biotronik Canada Inc, Stryker Canada LP, DxTx Medical Inc, MME Medical Equipment Inc., Defibtech, LLC, and LivaNova PLC are some of the leading players operating in the Canada Defibrillator Market.

Attribute

Details

Base Year

2022

Historic Data

2018 â€“ 2021

Estimated Year

2023

Forecast Period

2024 – 2028

Quantitative Units

Revenue in USD Million and CAGR for 2018-2022 and 2023-2028

Report Coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered

By Product

By End User

By Region

Regional scope

Ontario, Quebec, Alberta, British Columbia, Saskatchewan and Manitoba, Rest of Canada

Key companies profiled

Medtronic of Canada Ltd, Abbott Canada., Biotronik Canada Inc, Stryker Canada LP, DxTx Medical Inc, MME Medical Equipment Inc., Defibtech, LLC, LivaNova PLC

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