The Middle East and Africa defibrillators market was valued at USD 209.6 million in 2013 and is anticipated to reach USD 347.8 million by 2020, expanding at a CAGR of 7.6% during the forecast period from 2014 to 2020.
Albany, NY -- (SBWIRE) -- 07/14/2016 -- A defibrillator is a device used to rectify an abnormal heartbeat by sending a high energy pulse to restore a normal heart rhythm. It is mainly utilized in the cases of ventricular fibrillation, cardiac arrhythmia, and pulseless ventricular tachycardia in humans. The increasing incidence of cardiovascular diseases in the Middle East and Africa has fueled the demand for defibrillators significantly in this region.
Additionally, the technical advancements in defibrillators such as the addition of inbuilt telemedicine and remote patient monitoring features in these devices are likely to boost the Middle East and Africa market for defibrillators during the forecast period, states the report.
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The research report evaluates the Middle East and Africa market for defibrillators on the basis of the product, end user, and the regional spread of this market. Based on the product, the market has been classified into automated external defibrillators (AED) and advanced life support (ALS) defibrillators.
The ALS defibrillators segment led the overall market in 2013. The increasing application of these defibrillators for the monitoring of various kinds of bodily functions such as heart and pulse rhythm and blood oxygen levels has boosted this segment significantly over the past few years. However, the AED segment is projected to register the highest growth rate over the forecast period on account of rising incidences of cardiac arrhythmias across the world, states the report.
Based on the end user, the market for defibrillators in the Middle East and Africa has been classified into hospitals, emergency medical services, public access defibrillation, and business workplaces. The hospitals segment emerged as the leading end user of defibrillators in 2013, holding a share of more than 80% in the overall market.
On the regional basis, the report has segmented the market into the UAE, Egypt, Saudi Arabia, Jordan, Algeria, South Africa, and Qatar. In 2013, the UAE and Saudi Arabia led the defibrillators market in the Middle East while South Africa dominated the defibrillators market in Africa.
The rapid infrastructural development in the medical and healthcare industry and the growing awareness regarding the utility of defibrillators in cases of cardiac arrhythmias in these economies have fueled the demand for defibrillators remarkably in the recent times.
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