Wearable Cardioverter Defibrillators Market Share

North American Market Forecast

Wearable cardioverter defibrillators market in North America is predicted to account for the largest share of 38% by 2036 impelled by the rising funding in healthcare industry. As a result, more resources are available in the region for research and development of more advanced, and reliable wearable cardioverter defibrillators which would also make these devices cost-effective in the region. In 2021, U.S. health spending climbed by more than 2% to reach over USD 4 trillion.

APAC Market Statistics

The APAC wearable cardioverter defibrillators market is estimated to be the second largest, during the forecast timeframe led by increase in investment towards the medical device sector from government and private entities to maintain the highest quality of services. The Indian government supports the production of medical devices in the country by offering various programs and subsidies under several ministries which has spread the word in the community about the value of leading a healthy lifestyle and the right of everyone to get high-quality medical care. This has led to an increase in demand for various advanced medical devices such as wearable cardioverter defibrillators in the region.