Los Angeles, CA -- (SBWIRE) -- 02/05/2019 -- QY Research has come up with a newly published report on global Defibrillator market in its database that provides an in-depth analysis of the key market insights, its future trends, and developments, profiles of leading players, key restraints and drivers, segmentation and forecasting. The report highlights the Defibrillator market size and CAGR of the important segments, thus providing quick relevant information about the global Defibrillator market.
Defibrillation is a common treatment for life-threatening cardiac dysrhythmias, ventricular fibrillation and pulseless ventricular tachycardia. Defibrillation consists of delivering a therapeutic dose of electrical energy to the heart with a device called a defibrillator. This depolarizes a critical mass of the heart muscle, terminates the dysrhythmia and allows normal sinus rhythm to be reestablished by the body's natural pacemaker, in the sinoatrial node of the heart. Defibrillators can be external, transvenous, or implanted (implantable cardioverter-defibrillator), depending on the type of device used or needed. Some external units, known as automated external defibrillators (AEDs), automate the diagnosis of treatable rhythms, meaning that lay responders or bystanders are able to use them successfully with little or no training at all.
Figure Defibrillator Product Picture.
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Over the past decade, the global defibrillator industry has witnessed remarkable growth. And it is forecasted that the market will continue to grow at a speed over 5% in the following decade. The major drivers for the market include the development of technologically advanced defibrillators, rapid growth in the aging population with high risk of target diseases, rising incidences of cardiovascular diseases across the globe, growing focus of public and private organizations and key market players toward public access defibrillation, and increasing number of training and awareness programs across the globe.
Currently, North America is the largest market of defibrillator worldwide, owing to the growing prevalence of cardiovascular disorders. Europe is the second largest market, and followed by Asia Pacific.
According to our research and analysis, the leading five companies in the market occupies about 65% of the production value shares. Major manufacturers in the market are Medtronic, St. Jude, Medical, Boston Scientific, Biotronik and Physio-Control.
Implantable cardioverter defibrillators and external defibrillators are the two main products segments of defibrillator. ICD was the largest product segment. The possibility of remote patient monitoring by the utility of this device, is a major driver of the segment. New generation ICD with the bi-functional capability of preventing cardiac arrest along with performing the role of a pacemaker are expected to enhance sales volume of the device. External defibrillators are the second largest product segment. The ability of the device to diagnose early onset of ventricular tachycardia and ventricular defibrillation is expected to promote their demand.
Although sales of defibrillator brought a lot of opportunities, the study group recommends the new entrants just having money but without technical advantage and downstream support do not to enter into the defibrillator field.
The global Defibrillator market is valued at xx million US$ in 2018 is expected to reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025.
Major Key Manufacturers of Defibrillator Market are:
St. Jude Medical
Nihon Kohden Corporation
Defibrillator market includes market size, segmentation data and geographical analysis of market growth trends, leading companies, and microeconomic information.
Major Classification as follows:
Automatic External Defibrillators
Implantable Cardioverter Defibrillators
Wearable Cardioverter Defibrillator
Advanced Life Support (ALS)
Major Application as follows:
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