The global defibrillators market was valued at USD 9.3 billion in 2012, and is expected to grow at a CAGR of 6.2% to reach an estimated value of USD 14.2 billion by 2019.
Albany, NY -- (SBWIRE) -- 12/11/2015 -- This report provides an in-depth, comprehensive analysis of the global defibrillator market from the three perspectives namely types of products, different end users and the major geographies. Increased public awareness and acceptance of defibrillators, growing incidences of cardiovascular disease, and advancing technology has boosted demand for different types of defibrillators over recent years. Most of the people who experience sudden cardiac arrest (SCA) have ventricular fibrillation (VF) wherein the heart muscles beat irregularly and cardiopulmonary resuscitation (CPR) alone cannot provide effective results. It is when defibrillators play a vital role in giving electrical shocks and provide natural pacemaker cells a chance to re-establish the normal cardiac rhythm. Due to advancements in technology devices such as automated external defibrillators, wearable defibrillators survival rate of patients with cardiac arrest in out-of-home settings have significantly improved in last few years.
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The defibrillator product market is segmented into four sub-categories namely advanced life support defibrillators, automated external defibrillators, implantable defibrillators, and wearable defibrillators. Whereas, the end users market can be classified into hospitals, home, public access, emergency medical services and business workplace. A detailed market analysis and forecast for these segments has been provided in this study, in terms of market revenue (USD million) for the period 2011 to 2019. The report also provides the compounded annual growth rate (CAGR %) for each defibrillator type for the forecast period 2013 to 2019, while market size estimations have been made considering 2011 and 2012 as the base year. As per the study market for AED has the fastest growth rate during the forecast period. The product segment describes about the respective technology, application areas, recent trends and overall drivers and restraints.
In terms of geographical distribution, the global defibrillators market has been classified into six geographical areas, namely North America, Latin America, Africa, Europe, Asia-Pacific and the Middle East. The current and future market sizes (in terms of USD million) of the above regional markets have been provided in the report for the period 2011 to 2019 with their growth rate (%) for the period 2013 to 2019. The study further offers recommendations and highlights of the market, which would be useful for the current and future market players to sustain and grow in the global defibrillators market. Report on defibrillators market also highlights the announcement and guidelines of key governing bodies such as FDA and CE mark along with recent product approval which would be useful to new companies that are about to launch a new product in the defibrillators market.
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The market overview section of the report demonstrates the market dynamics and market trends such as the drivers, restraints and opportunities that influence the current nature and future status of this field. Impact factors such as market attractiveness analysis and Porter's five forces analysis have also been explained in the market overview section of the report, in order to give a thorough analysis of the overall competitive scenario and market share of major companies operating in the global defibrillators market. A PESTLE analysis has also been considered while estimating the market for individual geographies in order to provide current as well as future status. The reports also provide market analysis for new players willing to enter in defibrillators market.
The report concludes with the profiles of major players in the global defibrillators market such as Biotronik SE & Co. KG, Defibtech, LLC, GE Healthcare, Heartsine Technologies, Inc., Nihon Kohden Corporation, Physio-Control, Inc., St. Jude Medical Inc., Philips Healthcare and others. The company profile encompasses financial overview, product portfolio, recent developments and prominent business strategies of companies operating in global defibrillators market.
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