Staff Reporter
Published:
Global defibrillator market to reach $16.44b by 2030
Its growth is attributed to rising cardiovascular disease rates.
The global defibrillator market is expected to reach $16.44b by 2030 at a compound annual growth rate of 6.5%, according to MarketsandMarkets.
The sector’s expansion is attributed to the rising prevalence of cardiovascular diseases and an increasing adult population more susceptible to cardiac arrest.
Moreover, the rapid expansion of healthcare infrastructure in emerging countries and strategic partnerships amongst manufacturers support market growth.
Meanwhile, government organisations are prioritising public access to defibrillators through increased installations and training programmes.
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