Over the recent years, global
automated external defibrillators (AED) have witnessed double digit
growth rate owing to the factors such as aging population and rising
incidences of various cardiovascular diseases. Moreover, advancement in
medical technology and widespread availability of medical services for
patients suffering from SCA are some of the major drivers for this
market. A Cardiovascular disease such as sudden cardiac arrest (SCA) is
one of the major disorders affecting the population worldwide. SCA is a
condition in which the heart unexpectedly and suddenly stops functioning
or beating which ultimately leads to the stoppage of blood supply to
the brain and other vital organs. Many patients (about 95%) who suffer
from SCA die within a minute. This arrest is due to a disturbed heat
rhythm called ventricular fibrillation. To treat such diseases a
portable electronic device named Automated External Defibrillator (AED)
is used to check the heart rhythm or enable diagnosis of potential life
threatening cardiac arrests of ventricular tachycardia and ventricular
fibrillation in patients. It works on the principle of application of
electrical therapy which stops the arrhythmia by re-establishing an
effective rhythm.
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By technology, the AED market is
segmented into Semi-automated and automated external defibrillators.
The Implantable/Internal Cardiac Defibrillators segment is one of the
largest segments whereas External Cardiac Defibrillators is one of the
fastest growing segments. The growth in External Cardiac
Defibrillators is due to increased awareness in the US healthcare
system. The end-user market for AED consists of Pre-hospitals,
Hospitals, Public access and other alternate care market. Among all
geographical regions, North America accounts for a larger share of the
Global AED market followed by Europe and China. Asia-Pacific region is
also one of the fastest growing regions.
Some of the major players in this
market include Boston Scientific Corporation, Defibtech LLC, Biotronik
GmbH & Co. KG, Cardiac Science Corporation, Nihon Kohden
Corporation, St. Jude Medical Inc., GE Healthcare Ltd., HeartSine
Technologies Inc., Sorin SpA, Medtronic Inc., Welch Allyn and Philips
Healthcare.
This research report analyzes this
market depending on its market segments, major geographies, and current
market trends. Geographies analyzed under this research report include
- North America
- Asia Pacific
- Europe
- Rest of the World
This report provides comprehensive analysis of
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for upcoming years
This report is a complete study of
current trends in the market, industry growth drivers, and restraints.
It provides market projections for the coming years. It includes
analysis of recent developments in technology, Porter’s five force model
analysis and detailed profiles of top industry players. The report also
includes a review of micro and macro factors essential for the existing
market players and new entrants along with detailed value chain
analysis.
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