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External Defibrillators Market by Product Type [Manual External Defibrillator, Automated External Defibrillator (AED), and Wearable Cardioverter Defibrillator (WCD)] and Geography (North America, Europe, Asia-Pacific, and LAMEA) - Global Opportunity Analysis and Industry Forecast, 2016-2023

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Pages: 170
Apr 2017 | 2142 Views
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Author's : Garima Chandra
Tables: 61
Charts: 56
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External Defibrillators Market Overview:

Global External Defibrillators Market was valued at $4,345 million in 2016 and is expected to garner $7,512 million by 2023, registering a CAGR of 7.8% during the forecast period 2017 - 2023. Defibrillators are devices used to deliver therapeutic shock to a patients heart in life-threatening conditions such as ventricular fibrillation, cardiac arrhythmia, and pulseless ventricular tachycardia. The defibrillation procedure encompasses delivery of an electric shock to the heart, which depolarizes heart muscles and restores its normal electric impulse. Growth in focus toward public access defibrillator (PAD) by the public & private organizations, along with the key players, fuel the market growth. Other factors such as technologically advanced defibrillator devices, rapidly growing geriatric population with elevated risk of targeted diseases, and increase in incidence of cardiac diseases drive the market growth. However, frequent product recalls, increase in pricing pressure on players, and lack of awareness about sudden cardiac arrest (SCA) restrain the growth of this market.

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The external defibrillators market is segmented based on product type and geography. On the basis of product type, the market is categorized into manual external defibrillator, automated external defibrillator (AEDs), and wearable cardioverter defibrillator (WCDs). Geographically, the market is analyzed across North America (U.S., Canada, and Mexico), Europe (Germany, France, UK, Italy, Spain, and rest of Europe), Asia-Pacific (Japan, China, India, Australia, and rest of Asia-Pacific), and LAMEA (Brazil, Argentina, Egypt, Israel, South Africa, and rest of LAMEA).

Drivers, Restraints, and Opportunities

The impact of the driving factors is expected to surpass that of the restraints. Moreover, emergence of new technologies and increase in adoption of automated external defibrillators (AEDs) are anticipated to provide new growth opportunities in the near future.

AEDs are designed in a way such that they can be used by both the life-support trained personnel and laypersons. They are extensively available in casinos, airports, and schools. AED functions by guiding the user about its application by either giving signals to the rescuer to deliver shock or automatically deliver the shock. In addition, ZOLL AED Plus is the only AED that is presently coaching the rescuers to deliver the correct rate and depth of the compressions using an accelerometer that is inbuilt in the electrode pad.

The end user for external defibrillators are hospitals, prehospital, public access market, alternate care market, and home. Different types of defibrillators are used across various end users depending upon its applications. For instance, manual defibrillators are majorly used across hospitals and prehospital, where the device is used in emergency unit for patients suffering from SCA. Wearable defibrillators and AEDs find usage across public access market, home, and alternative care market.

The recommendation for the usage of automated external defibrillators at public places has rapidly increased the adoption rate in the developed economies. Moreover, the rationalizing use of wearable cardioverter defibrillator (WCDs), accepted as temporary alternative or to bridge to long-term ICD implantation drives the market growth of external defibrillators.

The report provides a comprehensive analysis of the key players operating in the global external defibrillator market, such as Nihon Kohden Corporation, Cardiac Science Corporation, Philips Healthcare, HeartSine Technologies LLC., ZOLL Medical Corporation, Mindray Medical International Limited, Defibtech, Llc, Physio-Control, Inc., GE Healthcare, and Schiller Ag.

Key Benefits for Stakeholders:

  • This report provides an extensive analysis of the current & emerging market trends and dynamics in the global external defibrillators market.
  • Comprehensive analysis of all geographical regions is provided to determine the prevailing opportunities.
  • This report entails the detailed quantitative analysis of the current trends and future estimations to identify the prevailing opportunities.
  • Comprehensive analysis of factors that drive and restrict the market growth is provided in the report.
  • Region- and country-wise market conditions are analyzed in the report.

External Defibrillators Market Key Segments:

By Product Type

  • Manual External Defibrillator
  • Automated External Defibrillator (AED)
    • Semi-Automated External Defibrillator
    • Fully Automated Defibrillator
  • Wearable Cardioverter Defibrillator (WCD)

By End User

  • Hospitals
  • Pre-Hospitals
  • Public Access Market
  • Alternate Care Market
  • Home

By Geography

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Rest of Europe
  • Asia-Pacific
    • Japan
    • China
    • India
    • Australia
    • Rest of Asia-Pacific
  • LAMEA
    • Brazil
    • Argentina
    • Egypt
    • Israel
    • South Africa
    • Rest of LAMEA
 

Chapter: 1 INTRODUCTION

1.1. KEY BENEFITS
1.2. KEY MARKET SEGMENTS
1.3. KEY PLAYERS
1.4. RESEARCH METHODOLOGY

1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools & models

Chapter: 2 EXECUTIVE SUMMARY

2.1. CXO PERSPECTIVE

Chapter: 3 MARKET OVERVIEW

3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS

3.2.1. Top winning strategies
3.2.2. Top investment pockets
3.2.3. Market Share Analysis, 2016

3.3. MARKET DYNAMICS

3.3.1. Drivers

3.3.1.1. Growing incidence of cardiovascular diseases
3.3.1.2. Technological advancements
3.3.1.3. Rising awareness regarding public access defibrillators (PADs)
3.3.1.4. High presence of unmet medical needs especially in untapped economies

3.3.2. Restraints

3.3.2.1. Lack of awareness regarding sudden cardiac arrest (SCA) and device availability
3.3.2.2. Safety concerns related to automated external defibrillators
3.3.2.3. Limited insurance coverage and high cost of defibrillators

3.3.3. Opportunities

3.3.3.1. Lucrative opportunities in emerging economies
3.3.3.2. Favorable government initiatives for the adoption of AEDs at public places

Chapter: 4 EXTERNAL DEFIBRILLATORS MARKET, BY PRODUCT TYPE

4.1. OVERVIEW

4.1.1. Key market trends
4.1.2. Growth factors and opportunities
4.1.3. Market size and forecast

4.2. MANUAL EXTERNAL DEFIBRILLATOR

4.2.1. Key market trends
4.2.2. Growth factors and opportunities
4.2.3. Market size and forecast

4.3. AUTOMATED EXTERNAL DEFIBRILLATOR (AED)

4.3.1. Key market trends
4.3.2. Growth factors and opportunities
4.3.3. Market size and forecast By Type
4.3.4. Market size and forecast By Geography

4.4. WEARABLE CARDIOVERTER DEFIBRILLATOR (WCD)

4.4.1. Key market trends
4.4.2. Growth factors and opportunities
4.4.3. Market size and forecast

Chapter: 5 EXTERNAL DEFIBRILLATORS MARKET, BY END USER

5.1. OVERVIEW

5.1.1. Market size and forecast

5.2. HOSPITALS

5.2.1. Market size and forecast

5.3. PREHOSPITALS

5.3.1. Market size and forecast

5.4. PUBLIC ACCESS MARKETS

5.4.1. Market size and forecast

5.5. ALTERNATIVE CARE MARKET

5.5.1. Market size and forecast

5.6. HOME

5.6.1. Market size and forecast

Chapter: 6 EXTERNAL DEFIBRILLATORS MARKET, BY REGION

6.1. OVERVIEW

6.1.1. Market size and forecast by Region
6.1.2. Market size and forecast by Product
6.1.3. Market size and forecast by End User

6.2. NORTH AMERICA

6.2.1. Key market trends
6.2.2. Growth factors and opportunities
6.2.3. Market size and forecast by Country
6.2.4. Market size and forecast by Product
6.2.5. Market size and forecast by End User

6.2.5.1. U.S. market size and forecast
6.2.5.2. Canada market size and forecast
6.2.5.3. Mexico market size and forecast

6.3. EUROPE

6.3.1. Key market trends
6.3.2. Growth factors and opportunities
6.3.3. Market size and forecast by Country
6.3.4. Market size and forecast by Product
6.3.5. Market size and forecast by End User

6.3.5.1. UK market size and forecast
6.3.5.2. Germany market size and forecast
6.3.5.3. France market size and forecast
6.3.5.4. Italy market size and forecast
6.3.5.5. Spain market size and forecast
6.3.5.6. Rest of Europe market size and forecast

6.4. ASIA-PACIFIC

6.4.1. Key market trends
6.4.2. Growth factors and opportunities
6.4.3. Market size and forecast by Country
6.4.4. Market size and forecast by Product
6.4.5. Market size and forecast by End User

6.4.5.1. Japan market size and forecast
6.4.5.2. China market size and forecast
6.4.5.3. India market size and forecast
6.4.5.4. Australia market size and forecast
6.4.5.5. Rest of Asia-Pacific market size and forecast

6.5. LAMEA

6.5.1. Key market trends
6.5.2. Growth factors and opportunities
6.5.3. Market size and forecast by Country
6.5.4. Market size and forecast by Product
6.5.5. Market size and forecast by End User

6.5.5.1. Brazil market size and forecast
6.5.5.2. Argentina market size and forecast
6.5.5.3. Egypt market size and forecast
6.5.5.4. Israel market size and forecast
6.5.5.5. South Africa market size and forecast
6.5.5.6. Rest of LAMEA market size and forecast

Chapter: 7 COMPANY PROFILES

7.1. NIHON KOHDEN CORPORATION

7.1.1. Company overview
7.1.2. Operating business segments
7.1.3. Business performance
7.1.4. Key strategic moves and developments

7.2. CARDIAC SCIENCE CORPORATION

7.2.1. Company overview
7.2.2. Operating business segments
7.2.3. Business performance
7.2.4. Key strategic moves and developments

7.3. KONINKLIJKE PHILIPS N.V. (PHILIPS HEALTHCARE)

7.3.1. Company overview
7.3.2. Operating business segments
7.3.3. Business performance
7.3.4. Key strategic moves and developments

7.4. HEARTSINE TECHNOLOGIES LLC.

7.4.1. Company overview
7.4.2. Operating business segments
7.4.3. Business performance
7.4.4. Key strategic moves and developments

7.5. ZOLL MEDICAL CORPORATION

7.5.1. Company overview
7.5.2. Operating business segments
7.5.3. Business performance
7.5.4. Key strategic moves and developments

7.6. MINDRAY MEDICAL INTERNATIONAL LIMITED

7.6.1. Company overview
7.6.2. Operating business segments
7.6.3. Business performance
7.6.4. Key strategic moves and developments

7.7. DEFIBTECH, LLC

7.7.1. Company overview
7.7.2. Operating business segments
7.7.3. Business performance
7.7.4. Key strategic moves and developments

7.8. PHYSIO-CONTROL, INC.

7.8.1. Company overview
7.8.2. Operating business segments
7.8.3. Business performance
7.8.4. Key strategic moves and developments

7.9. GENERAL ELECTRIC COMPANY (GE HEALTHCARE)

7.9.1. Company overview
7.9.2. Operating business segments
7.9.3. Business performance
7.9.4. Key strategic moves and developments

7.10. SCHILLER AG

7.10.1. Company overview
7.10.2. Operating business segments
7.10.3. Business performance
7.10.4. Key strategic moves and developments

LIST OF TABLES

TABLE 1. GLOBAL EXTERNAL DEFIBRILLATORS MARKET, BY PRODUCT TYPE, 2016-2023 ($MILLION)
TABLE 2. GLOBAL EXTERNAL DEFIBRILLATORS MARKET, BY PRODUCT TYPE, 2016-2023 (THOUSAND UNIT)
TABLE 3. GLOBAL MANUAL EXTERNAL DEFIBRILLATORS MARKET, BY REGION, 2016-2023($MILLION)
TABLE 4. GLOBAL MANUAL EXTERNAL DEFIBRILLATORS MARKET, BY REGION, 2016-2023(THOUSAND UNIT)
TABLE 5. GLOBAL AUTOMATED EXTERNAL DEFIBRILLATORS (AED) MARKET, BY TYPE, 2016-2023 ($MILLION)
TABLE 6. GLOBAL AUTOMATED EXTERNAL DEFIBRILLATORS (AED) MARKET, BY TYPE, 2016-2023 (THOUSAND UNIT)
TABLE 7. GLOBAL AUTOMATED EXTERNAL DEFIBRILLATORS (AED) MARKET, BY REGION, 2016-2023 ($MILLION)
TABLE 8. GLOBAL AUTOMATED EXTERNAL DEFIBRILLATORS (AED) MARKET, BY REGION, 2016-2023 (THOUSAND UNIT)
TABLE 9. GLOBAL WEARABLE CARDIOVERTER DEFIBRILLATOR (WCD)MARKET, BY REGION, 2016-2023 ($MILLION)
TABLE 10. GLOBAL WEARABLE CARDIOVERTER DEFIBRILLATOR (WCD)MARKET, BY REGION, 2016-2023 (THOUSAND UNIT)
TABLE 11. GLOBAL EXTERNAL DEFIBRILLATOR MARKET, BY END USER, 2016-2023 ($MILLION)
TABLE 12. GLOBAL EXTERNAL DEFIBRILLATOR MARKET FOR HOSPITALS, BY GEOGRAPHY, 2016-2023 ($MILLION)
TABLE 13. GLOBAL EXTERNAL DEFIBRILLATOR MARKET FOR PREHOSPITALS, BY GEOGRAPHY, 2016-2023 ($MILLION)
TABLE 14. GLOBAL EXTERNAL DEFIBRILLATOR MARKET FOR PUBLIC ACCESS MARKETS, BY GEOGRAPHY, 2016-2023 ($MILLION)
TABLE 15. GLOBAL EXTERNAL DEFIBRILLATOR MARKET FOR ALTERNATIVE CARE MARKET, BY GEOGRAPHY, 2016-2023 ($MILLION)
TABLE 16. GLOBAL EXTERNAL DEFIBRILLATOR MARKET FOR HOME, BY GEOGRAPHY, 2016-2023 ($MILLION)
TABLE 17. GLOBAL EXTERNAL DEFIBRILLATORS MARKET, BY REGION, 2016-2023 ($MILLION)
TABLE 18. GLOBAL EXTERNAL DEFIBRILLATORS MARKET, BY REGION, 2016-2023 (THOUSAND UNIT)
TABLE 19. GLOBAL EXTERNAL DEFIBRILLATORS MARKET, BY PRODUCT, 2016-2023 ($MILLION)
TABLE 20. GLOBAL EXTERNAL DEFIBRILLATORS MARKET, BY PRODUCT, 2016-2023 (THOUSAND UNIT)
TABLE 21. GLOBAL EXTERNAL DEFIBRILLATORS MARKET, BY END USER, 2016-2023 ($MILLION)
TABLE 22. NORTH AMERICA EXTERNAL DEFIBRILLATORS MARKET, BY COUNTRY, 2016-2023 ($MILLION)
TABLE 23. NORTH AMERICA EXTERNAL DEFIBRILLATORS MARKET, BY REGION, 2016-2023 (THOUSAND UNIT)
TABLE 24. NORTH AMERICA EXTERNAL DEFIBRILLATORS MARKET, BY PRODUCT, 2016-2023 ($MILLION)
TABLE 25. NORTH AMERICA EXTERNAL DEFIBRILLATORS MARKET, BY PRODUCT, 2016-2023 (THOUSAND UNIT)
TABLE 26. NORTH AMERICA EXTERNAL DEFIBRILLATORS MARKET, BY END USER, 2016-2023 ($MILLION)
TABLE 27. EUROPE EXTERNAL DEFIBRILLATORS MARKET, BY COUNTRY, 2016-2023 ($MILLION)
TABLE 28. EUROPE EXTERNAL DEFIBRILLATORS MARKET, BY REGION, 2016-2023 (THOUSAND UNIT)
TABLE 29. EUROPE EXTERNAL DEFIBRILLATORS MARKET, BY PRODUCT, 2016-2023 ($MILLION)
TABLE 30. EUROPE EXTERNAL DEFIBRILLATORS MARKET, BY PRODUCT, 2016-2023 (THOUSAND UNIT)
TABLE 31. EUROPE EXTERNAL DEFIBRILLATORS MARKET, BY END USER, 2016-2023 ($MILLION)
TABLE 32. ASIA-PACIFIC EXTERNAL DEFIBRILLATORS MARKET, BY COUNTRY, 2016-2023 ($MILLION)
TABLE 33. ASIA-PACIFIC EXTERNAL DEFIBRILLATORS MARKET, BY REGION, 2016-2023 (THOUSAND UNIT)
TABLE 34. ASIA-PACIFIC EXTERNAL DEFIBRILLATORS MARKET, BY PRODUCT, 2016-2023 ($MILLION)
TABLE 35. ASIA-PACIFIC EXTERNAL DEFIBRILLATORS MARKET, BY PRODUCT, 2016-2023 (THOUSAND UNIT)
TABLE 36. ASIA-PACIFIC EXTERNAL DEFIBRILLATORS MARKET, BY END USER, 2016-2023 ($MILLION)
TABLE 37. LAMEA EXTERNAL DEFIBRILLATORS MARKET, BY COUNTRY, 2016-2023 ($MILLION)
TABLE 38. LAMEA EXTERNAL DEFIBRILLATORS MARKET, BY REGION, 2016-2023 (THOUSAND UNIT)
TABLE 39. LAMEA EXTERNAL DEFIBRILLATORS MARKET, BY PRODUCT, 2016-2023 ($MILLION)
TABLE 40. LAMEA EXTERNAL DEFIBRILLATORS MARKET, BY PRODUCT, 2016-2023 (THOUSAND UNIT)
TABLE 41. LAMEA EXTERNAL DEFIBRILLATORS MARKET, BY END USER, 2016-2023 ($MILLION)
TABLE 42. NIHON KOHDEN: COMPANY SNAPSHOT
TABLE 43. NIHON KOHDEN: OPERATING SEGMENTS
TABLE 44. CARDIAC SCIENCE: COMPANY SNAPSHOT
TABLE 45. CARDIAC SCIENCE: OPERATING SEGMENTS
TABLE 46. PHILIPS: COMPANY SNAPSHOT
TABLE 47. PHILIPS: OPERATING SEGMENTS
TABLE 48. HEARTSINE: COMPANY SNAPSHOT
TABLE 49. HEARTSINE: OPERATING SEGMENTS
TABLE 50. ZOLL MEDICAL: COMPANY SNAPSHOT
TABLE 51. ZOLL MEDICAL: OPERATING SEGMENTS
TABLE 52. MINDRAY MEDICAL: COMPANY SNAPSHOT
TABLE 53. MINDRAY MEDICAL: OPERATING SEGMENTS
TABLE 54. DEFIBTECH: COMPANY SNAPSHOT
TABLE 55. DEFIBTECH: OPERATING SEGMENTS
TABLE 56. PHYSIO-CONTROL: COMPANY SNAPSHOT
TABLE 57. PHYSIO-CONTROL: OPERATING SEGMENTS
TABLE 58. GE HEALTHCARE: COMPANY SNAPSHOT
TABLE 59. GE HEALTHCARE: OPERATING SEGMENTS
TABLE 60. SCHILLER: COMPANY SNAPSHOT
TABLE 61. SCHILLER: OPERATING SEGMENTS

LIST OF FIGURES

FIGURE 1. GLOBAL EXTERNAL DEFIBRILLATORS MARKET, BY PRODUCT TYPE, 2016 VS 2023 ($MILLION)
FIGURE 2. SEGMENTATION OF GLOBAL EXTERNAL DEFIBRILLATORS MARKET
FIGURE 3. TOP WINNING STRATEGIES: PERCENTAGE DISTRIBUTION, 2014-2017
FIGURE 4. TOP WINNING STRATEGIES: BY NATURE, & TYPE OF DEVELOPMENT, 2014-2017
FIGURE 5. TOP INVESTMENT POCKETS
FIGURE 6. MARKET SHARE ANALYSIS: GLOBAL EXTERNAL DEFIBRILLATORS MARKET, 2016
FIGURE 7. U.S. EXTERNAL DEFIBRILLATORS MARKET, 2016-2023 ($MILLION)
FIGURE 8. CANADA EXTERNAL DEFIBRILLATORS MARKET, 2016-2023 ($MILLION)
FIGURE 9. MEXICO EXTERNAL DEFIBRILLATORS MARKET, 2016-2023 ($MILLION)
FIGURE 10. UK EXTERNAL DEFIBRILLATORS MARKET, 2016-2023 ($MILLION)
FIGURE 11. GERMANY EXTERNAL DEFIBRILLATORS MARKET, 2016-2023 ($MILLION)
FIGURE 12. FRANCE EXTERNAL DEFIBRILLATORS MARKET, 2016-2023 ($MILLION)
FIGURE 13. ITALY EXTERNAL DEFIBRILLATORS MARKET, 2016-2023 ($MILLION)
FIGURE 14. SPAIN EXTERNAL DEFIBRILLATORS MARKET, 2016-2023 ($MILLION)
FIGURE 15. REST OF EUROPE EXTERNAL DEFIBRILLATORS MARKET, 2016-2023 ($MILLION)
FIGURE 16. JAPAN EXTERNAL DEFIBRILLATORS MARKET, 2016-2023 ($MILLION)
FIGURE 17. CHINA EXTERNAL DEFIBRILLATORS MARKET, 2016-2023 ($MILLION)
FIGURE 18. INDIA EXTERNAL DEFIBRILLATORS MARKET, 2016-2023 ($MILLION)
FIGURE 19. AUSTRALIA EXTERNAL DEFIBRILLATORS MARKET, 2016-2023 ($MILLION)
FIGURE 20. REST OF ASIA-PACIFIC EXTERNAL DEFIBRILLATORS MARKET, 2016-2023 ($MILLION)
FIGURE 21. BRAZIL EXTERNAL DEFIBRILLATORS MARKET, 2016-2023 ($MILLION)
FIGURE 22. ARGENTINA EXTERNAL DEFIBRILLATORS MARKET, 2016-2023 ($MILLION)
FIGURE 23. EGYPT EXTERNAL DEFIBRILLATORS MARKET, 2016-2023 ($MILLION)
FIGURE 24. ISRAEL EXTERNAL DEFIBRILLATORS MARKET, 2016-2023 ($MILLION)
FIGURE 25. SOUTH AFRICA EXTERNAL DEFIBRILLATORS MARKET, 2016-2023 ($MILLION)
FIGURE 26. REST OF LAMEA EXTERNAL DEFIBRILLATORS MARKET, 2016-2023 ($MILLION)
FIGURE 27. NIHON KOHDEN: REVENUE, 2014-2016 ($MILLION)
FIGURE 28. NIHON KOHDEN: REVENUE BY SEGMENT, 2016 (%)
FIGURE 29. NIHON KOHDEN: REVENUE BY GEOGRAPHY, 2016 (%)
FIGURE 30. CARDIAC SCIENCE: REVENUE, 2014-2016 ($MILLION)
FIGURE 31. CARDIAC SCIENCE: REVENUE BY SEGMENT, 2016 (%)
FIGURE 32. CARDIAC SCIENCE: REVENUE BY GEOGRAPHY, 2016 (%)
FIGURE 33. PHILIPS: REVENUE, 2014-2016 ($MILLION)
FIGURE 34. PHILIPS: REVENUE BY SEGMENT, 2016 (%)
FIGURE 35. PHILIPS: REVENUE BY GEOGRAPHY, 2016 (%)
FIGURE 36. HEARTSINE: REVENUE, 2014-2016 ($MILLION)
FIGURE 37. HEARTSINE: REVENUE BY SEGMENT, 2016 (%)
FIGURE 38. HEARTSINE: REVENUE BY GEOGRAPHY, 2016 (%)
FIGURE 39. ZOLL MEDICAL: REVENUE, 2014-2016 ($MILLION)
FIGURE 40. ZOLL MEDICAL: REVENUE BY SEGMENT, 2016 (%)
FIGURE 41. ZOLL MEDICAL: REVENUE BY GEOGRAPHY, 2016 (%)
FIGURE 42. MINDRAY MEDICAL: REVENUE, 2014-2016 ($MILLION)
FIGURE 43. MINDRAY MEDICAL: REVENUE BY SEGMENT, 2016 (%)
FIGURE 44. MINDRAY MEDICAL: REVENUE BY GEOGRAPHY, 2016 (%)
FIGURE 45. DEFIBTECH: REVENUE, 2014-2016 ($MILLION)
FIGURE 46. DEFIBTECH: REVENUE BY SEGMENT, 2016 (%)
FIGURE 47. DEFIBTECH: REVENUE BY GEOGRAPHY, 2016 (%)
FIGURE 48. PHYSIO-CONTROL: REVENUE, 2014-2016 ($MILLION)
FIGURE 49. PHYSIO-CONTROL: REVENUE BY SEGMENT, 2016 (%)
FIGURE 50. PHYSIO-CONTROL: REVENUE BY GEOGRAPHY, 2016 (%)
FIGURE 51. GE HEALTHCARE: REVENUE, 2014-2016 ($MILLION)
FIGURE 52. GE HEALTHCARE: REVENUE BY SEGMENT, 2016 (%)
FIGURE 53. GE HEALTHCARE: REVENUE BY GEOGRAPHY, 2016 (%)
FIGURE 54. SCHILLER: REVENUE, 2014-2016 ($MILLION)
FIGURE 55. SCHILLER: REVENUE BY SEGMENT, 2016 (%)
FIGURE 56. SCHILLER: REVENUE BY GEOGRAPHY, 2016 (%)

 

The external defibrillators market has witnessed sizeable growth in the recent years, owing to the factors such as rise in incidence of chronic heart diseases and increase in awareness about the development of external defibrillators that prevents sudden cardiac arrest (SCA) in patients sustained with ventricular tachycardia or atrial fibrillation. AEDs aid in responding to a medical emergency especially by the nonmedical personnel such as flight attendants, police, fire service personnel, security guards, and other lay rescuers, who have been trained properly to use AEDs. Therefore, AEDs are used at public places such as airports, shopping centers, schools, hotels, offices, doctor’s office, and home. The increase in installations of public access AEDs, growth in incidence of cardiovascular diseases, and growth in awareness regarding the lifesaving potential of AEDs fuel the market growth. AEDs dominate the global defibrillator market due to their user-friendly feature and ability to save a patient’s life during emergencies.

Competitors in the market launch technologically advanced defibrillators to gain a competitive edge. For instance, Defibtech expanded its line of dual language AEDs so that citizens of the 40 countries, where the Defibtech’s products are exported, can easily use the product. A home use defibrillator is introduced in the AED market and is estimated to offer productive opportunities in the near future. In the public access market, defibrillators are used in schools & stadiums, corporate offices, government & community centers, hotels & restaurants, transportation, and health clubs. AEDs are designed in a way such that they can be used by both the life-support trained personnel and laypersons. They are extensively available in casinos, airports, and schools. AED functions by guiding the user about its application by either giving signals to the rescuer to deliver shock or automatically delivering the shock. In addition, ZOLL AED Plus is the only AED that is presently coaching the rescuers to deliver the correct rate and depth of the compressions using an accelerometer that is inbuilt in the electrode pad.

Philips HeartStart, a home use defibrillator, approved for use at home, is a success in the AED market, and its increasing use among patients suffering from irregular heartbeat is projected to provide massive opportunities in the near future. However, lack of awareness about SCA and use of AEDs at public places and product recalls are the major factors that hinder the growth of the global AEDs market.

The recommendation for the usage of automated external defibrillators at public places has rapidly increased the adoption rate in the developed economies. Moreover, the rationalizing use of wearable cardioverter defibrillator (WCDs), accepted as temporary alternative or bridge to long term ICD implantation is expected to drive the market growth.

 

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