Israel Defibrillators Market to be Dominated by the Implantable Segment by 2028
Israel
defibrillators market is expected to grow during the forecast period due to the
increasing prevalence of sudden cardiac arrest in the country.
According to TechSci Research report, “Israel Defibrillators
Market – By Region, Competition, Opportunities,
and Forecast, 2028”, the
Israel defibrillators market is anticipated to grow at a steady rate during the
forecast period. This can be attributed to the increased prevalence of
cardiac attack, rising rate of cardiovascular diseases in the country, growing
aged population susceptible to risk of non-communicable diseases along with the
technological advancement in defibrillators.
In Israel,
cardiovascular illnesses are the main cause of death and risk factors such as
smoking, high blood pressure, and diabetes are very common. To address these
diseases, there is an increasing demand for cardiac interventions, such as defibrillators.
This is anticipated to propel the demand for defibrillators, which, in turn,
will drive the growth of the Israel defibrillators market during the forecast
period. The defibrillators
industry is constantly evolving, with new technologies and advancements being
developed that enhance the safety, efficacy, and functionality of defibrillators
with efficient potency and wearing abilities. These advancements are leading to
increased demand for defibrillators as patients and healthcare providers seek
out the latest and most advanced devices. The advancements in defibrillators
such as wearable defibrillators, smart defibrillators, public access
defibrillators, and non-invasive defibrillators are facilitating with advanced
connectivity, providing more ease and efficiency to the patients. These are the
latest examples of recent developments. Thus, with the growing developments in technology,
the Israel defibrillators market is expected to witness growth during the
forecast period.
Moreover, growing
awareness among public and healthcare providers in Israel regarding defibrillators
and their benefits in managing cardiac conditions to deal with the overall
health of human is leading to an increase in the demand for defibrillators and
other cardiac devices. However, as defibrillators are expensive medical
devices, cost can be a barrier for patients who cannot afford them. In Israel,
where healthcare costs are high, the cost of defibrillators may be a concern
for some patients. This factor can show a negative impact on the growth of the Israel
defibrillators market during the forecast period.
Browse over XX market data Figures spread through XX
Pages and an in-depth TOC on "Israel Defibrillators Market.”
Based
on product, the market is fragmented into implantable cardioverter
defibrillators (ICD) and external defibrillators. The implantable cardioverter
defibrillators (ICD) segment dominated the market in 2022, and it is expected
to hold the largest market share during the forecast period. This is on account
of rising geriatric population, emergence of new technologies, rising
incidences of sudden cardiac attack, etc.
Based on the end user, the
market is further divided into hospital,
pre-hospital, public access market, alternate care market, and home healthcare. The hospital segment dominated the market in 2022, and it is anticipated to hold
the largest share during the forecast period. This is due to the increase in the
demand for defibrillators and rise in the number of heart patients received in
hospitals and surgeries performed in hospital settings. Both ICDs and external
defibrillators are increasingly used in hospitals to deliver treatment to
patients of certain cardiac arrests and other indications. However, the
alternative care segment is expected to witness considerable growth during the
forecast period, owing to an increase in the demand for early diagnosis and
initiatives taken by government and private organizations for the development
of the alternative care segment.
Major companies operating in the Israel defibrillators
market are:
·
Medtronic of Israel Ltd
·
Abbott Israel.
·
Biotronik Israel Inc
·
Stryker (Israel)
·
MME Medical Equipment Inc.
·
Defibtech Israel
Download Sample Report
Customers can also request for 10% free
customization on this report.
“The growth of the Israel defibrillators
market is attributed on account of rising prevalence of cardiovascular diseases
in the country and rising risk of sudden cardiac arrest. Besides, investment in
research & development activities for the expansion of technology advancement
in defibrillators are further expected to support the growth of the Israel defibrillators
market during the forecast period” said Mr. Karan Chechi, Research Director
with TechSci Research, a research-based global management consulting firm.
“Israel Defibrillators Market,
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 &
Opportunities, 2028”, has evaluated the future
growth potential of the Israel defibrillators market and provides statistics
& information on market size, structure, and future market growth. The
report intends to provide cutting-edge market intelligence and help decision
makers take sound investment decisions. Besides, the report also identifies and
analyzes the emerging trends along with essential drivers, challenges, and
opportunities in the Israel defibrillators market.
Contact
Mr. Ken Mathews
708 Third Avenue,
Manhattan, NY,
New York – 10017
Tel: +1-646-360-1656
Email: [email protected]
Web: https://www.techsciresearch.com