Germany Electroceuticals market is expected to grow at a CAGR of 7.9% during the forecast period. Germany‘s healthcare system is equipped with latest cardiology devices and products including advanced defibrillators facilities in hospitals and ambulances. Due to the massive population of CVD, CHD, stroke, and rise in the adoption of cardiology devices, the market is projected to grow during the forecast period in Germany. The country has a quality healthcare system and favorable government policies, which are driving the market in the region. Adoption of these innovative defibrillators in major hospitals, research centers and clinics such as HELIOS Hospital, in Berlin, provide better patient care and treatment.
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Various non-profit organizations have been working in Germany to make defibrillators readily available across the country so as to serve the demands of the customers to save the life during any emergency time when someone has a heart attack. Definetz, a non-profit group has been providing life-saving device. It announced Defikopter in 2013, a concept device designed with drone-maker Height Tech to fly defibrillators to emergency responders. It can be made available to the public by way of a GPS-enabled smartphone app too. Defikopter can travel within a radius of 10 kilometers and fly at a speed of 70 kilometers per hour.
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Germany Electroceuticals Market-Segmentation
By Product and its Application
• Cardioverter Defibrillators and Cardiac Pacemaker
• Deep Brain Stimulators
• Parkinson’s Disease
• Spinal Cord Stimulators
• Failed Back Syndrome
• Vagus Nerve Stimulators
• Cochlear Implants
• Sensorineural Hearing Loss
• Others (Sacral Nerve Stimulators, Transcutaneous Electrical Nerve Stimulators)
• Urinary Incontinence
• Treatment-Resistant Depression
• Germany Electroceuticals Market by End-Users
• Hospitals and Clinics
• Research Institutes
• Abbott Laboratories Inc.
• Advanced Bionics AG
• Boston Scientific Corp.
• Cochlear Ltd.
• Demant A/S
• Edwards Lifesciences Corp.
• Getinge AB
• GlaxoSmithKline PLC
• Medtronic PLC
• Sonova Holding AG
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