Defibrillators Market - Trends, Analysis and
Forecast till 2026
Defibrillator is an essential tool in cardiopulmonary resuscitation indicated in cardiac
arrhythmia. Various advancements have been observed in defibrillator technology – from
manual to automated ones, and implantable defibrillators to ensure constant care for patients
suffering from ischemic heart disease or those at high risk of cardiac arrest. A Global
Resuscitation Alliance (GRA) was formed in 2016, comprising international health organizations,
global resuscitation leaders, and the American Heart Association (AHA), with an objective to
increase the survival rate of patients with sudden cardiac arrest, by 50%. This alliance actively
works towards increasing public awareness about defibrillators and has facilitated the
installation of automated defibrillators in public places for use in case of related medical
emergencies. Training initiatives such as by-stander PCR training by manufacturers would
considerably contribute towards improvement in survival rates, while enhancing brand visibility.
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Onboard emergency medical cases lead to major losses to airlines. Emirates handled more than
60 flight diversions in 2016 due to medical emergency and it is estimated that a single
diversion could lead to losses ranging from US$ 50,000 to US$ 600,000. The airline therefore
decided to set standards for emergency medical care in 2016 and have invested US$ 7 million
for installing medical equipment on board which also include defibrillators.
Market Dynamics
Heart related disorders such as cardiac arrhythmias and sudden cardiac arrests are
common globally due to drastic lifestyle changes and unhealthy eating habits. The
abovementioned factors are precursors for cardiac disorders, which can gradually
deteriorate heart health. Furthermore, rising number of cardiovascular disorders are
expected to support the market for defibrillators over the forecast period. Also, rise in
elderly population in various regions is projected to underpin the defibrillator market in
the near future. Furthermore, the companies involved in the manufacture of such