The global defibrillator market is expected to reach USD 21.92 billion by 2025, according to a new report by Radiant Insights, Inc. To increase the availability of these products in developed countries, the government is making amendments in their policies to make the product available at various places.
The healthcare expenditure at a global level is rising, along with increasing penetration of public and private health insurance. This rise is expected to fuel demand for defibrillators across various end-user segments.
In the U.S., there are more than 250,000 cases of death due to SCA every year. In order to, decrease this number, all the 50 states have enforced or supported the broad public access law. The American Heart Association noted that a minimum of 20,000 lives were saved due to publicly accessible defibrillators annually. It is also estimated that as many as 50,000 deaths are prevented due to deployment of AEDs among the trained responders. The states recommend that Public Access Defibrillators (PADs) must be present in public buildings, transportation centers, residential apartments and transportation centers.
Defibrillator market is driven by innovative processes. For instance, a program under trial in Sweden is likely to deliver AEDs via drones. This is anticipated to reduce the delivery time for defibrillators, thus saving more lives. The growth of this industry can be attributed to new product development, mergers & acquisitions, and rising market penetration.
To Browse Full Research Report @: https://www.radiantinsights.com/research/defibrillator-market
Further Key Findings From the Study Suggest:
Chapter 1. Methodology and Scope
1.1. Information Procurement
1.1.1. Purchased database
1.1.2. GVR's internal database
1.2. Data Analysis
1.3. Market Formulation & Validation
1.4. Approaches for Market Estimation
1.4.1. Approach 1: Commodity flow & bottom-up approach
1.4.2. Approach 2: Top-down and parent market analysis
Chapter 2. Executive Summary
2.1. Market Snapshot
Chapter 3. Defibrillators Market Variables, Trends & Scope
3.1. Market Segmentation & Scope
3.2. Market Driver Analysis
3.3. Market Restraint Analysis
3.4. Penetration & Growth Prospect Mapping
3.5. SWOT Analysis, by Factor
3.5.1. Political
3.5.2. Economic
3.5.3. Technological
3.6. Industry Analysis-Porter's
To Access Request A Sample Copy Of This Report at: https://www.radiantinsights.com/research/defibrillator-market/request-sample
About Radiant Insights:
Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. It assist and facilitate organizations and individuals procure market research reports, helping them in the decision making process. The Organization has a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions.
Media Contact:
Company Name: Radiant Insights, Inc
Contact Person: Michelle Thoras
Email: sales@radiantinsights.com
Phone: (415) 349-0054
Address: 201 Spear St #1100, Suite #3036
City: San Francisco
State: California
Country: United States
For more information, Visit: http://www.radiantinsights.com
The healthcare expenditure at a global level is rising, along with increasing penetration of public and private health insurance. This rise is expected to fuel demand for defibrillators across various end-user segments.
In the U.S., there are more than 250,000 cases of death due to SCA every year. In order to, decrease this number, all the 50 states have enforced or supported the broad public access law. The American Heart Association noted that a minimum of 20,000 lives were saved due to publicly accessible defibrillators annually. It is also estimated that as many as 50,000 deaths are prevented due to deployment of AEDs among the trained responders. The states recommend that Public Access Defibrillators (PADs) must be present in public buildings, transportation centers, residential apartments and transportation centers.
Defibrillator market is driven by innovative processes. For instance, a program under trial in Sweden is likely to deliver AEDs via drones. This is anticipated to reduce the delivery time for defibrillators, thus saving more lives. The growth of this industry can be attributed to new product development, mergers & acquisitions, and rising market penetration.
To Browse Full Research Report @: https://www.radiantinsights.com/research/defibrillator-market
Further Key Findings From the Study Suggest:
- Implantable Convertible Defibrillator (ICD) was the major contributor in this industry in 2016
- External defibrillators recorded the fastest growth in the industry
- Hospitals were the major contributors in the end-use segment in 2016
- The public access market was the fastest growing end-user segment of the overall industry in 2016
- North America held a major share in this industry
- Asia Pacific region is anticipated to exhibit fastest growth in the global defibrillator industry
- Some of the key players are Medtronic; St. Jude Medical LLC; Boston Scientific Corporation; LivaNova; Koninklijke Philips N.V.; ZOLL Medical Corporation; Cardiac Science; Physio-Control Inc.; Nihon Kohden Corporation; Defibtech LLC; HeartSine Technologies LLC; Progetti Srl; Fukuda Denshi Co., Ltd.; and Schiller AG
- New product development, mergers & acquisitions, and regional expansion are some of the strategic initiatives undertaken by the key players
Chapter 1. Methodology and Scope
1.1. Information Procurement
1.1.1. Purchased database
1.1.2. GVR's internal database
1.2. Data Analysis
1.3. Market Formulation & Validation
1.4. Approaches for Market Estimation
1.4.1. Approach 1: Commodity flow & bottom-up approach
1.4.2. Approach 2: Top-down and parent market analysis
Chapter 2. Executive Summary
2.1. Market Snapshot
Chapter 3. Defibrillators Market Variables, Trends & Scope
3.1. Market Segmentation & Scope
3.2. Market Driver Analysis
3.3. Market Restraint Analysis
3.4. Penetration & Growth Prospect Mapping
3.5. SWOT Analysis, by Factor
3.5.1. Political
3.5.2. Economic
3.5.3. Technological
3.6. Industry Analysis-Porter's
To Access Request A Sample Copy Of This Report at: https://www.radiantinsights.com/research/defibrillator-market/request-sample
About Radiant Insights:
Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. It assist and facilitate organizations and individuals procure market research reports, helping them in the decision making process. The Organization has a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions.
Media Contact:
Company Name: Radiant Insights, Inc
Contact Person: Michelle Thoras
Email: sales@radiantinsights.com
Phone: (415) 349-0054
Address: 201 Spear St #1100, Suite #3036
City: San Francisco
State: California
Country: United States
For more information, Visit: http://www.radiantinsights.com
Comments
Post a Comment