The size of the Wearable Cardioverter Defibrillator Market in North America is estimated to progress at a healthy CAGR from 2023 to 2028.
One of the primary factors contributing to the increased acceptance of the cardioverter-defibrillator market in North America is the growing elderly population, as aging is associated with progressive degradation in the structure and function of the heart and works as a catalyst in the development of chronic illnesses. As a result, the incidence of heart disease is predicted to rise in North America as the senior population grows.
Consumer wearable sensors or products have broadened the spectrum of RPM capabilities, which is another key factor promoting the market's growth rate. These technologies are beneficial for early detection and disease management in real-time. Over the forecast period, the wearable cardioverter defibrillator market in North America is expected to rise rapidly.
With the growing demand for prompt management increased awareness of medical devices, technological advancements are projected to favor the North American Wearable Cardioverter Defibrillator market to register better growth during the forecast period. In addition to these benefits, a wearable cardioverter defibrillator can help reduce the risk of death from sudden cardiac death. Therefore, the Wearable Cardioverter Defibrillator Market is predicted to develop significantly over the forecast period, owing to the factors mentioned above.
Heart problems increase the risk of a heart attack and necessitate constant monitoring. It put a tremendous financial strain on government agencies and became a burden on healthcare systems' reliance on technology to save costs. Limited reimbursements in this country and a lack of infrastructure are projected to impede the market's expansion. AEDs in public settings are occasionally prone to failure due to battery, software, or hardware issues. Failure to defibrillate can result in treatment delays or even death.
This research report on the North America Wearable Cardioverter Defibrillator Market has been segmented and sub-segmented into the following categories.
By End User:
Geographically, North America commands the largest market share of the overall industry and is likely to keep ruling the business sector due to the growing incidence of diseases, enhancement in the healthcare industry, and extended growth. On the other hand, US and Canada contribute the highest to the overall market in the region because of the awareness regarding sudden cardiac arrest and defibrillators.
KEY MARKET PLAYERS:
Key companies leading the North America Wearable Cardioverter Defibrillator Market profiled in this report are LivaNova PLC (U.K.), Koninklijke Philips N.V. (Netherlands), ZOLL Medical Corporation (U.S.), Cardiac Science Corporation (U.S.), Physio-Control, Inc. (U.S.), Medtronic PLC (Ireland), St. Jude Medical, Inc. (U.S.), Boston Scientific Corporation (U.S.), BIOTRONIK SE & Co. KG (Germany), and Nihon Kohden Corporation (Japan).
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