Description :
Defibrillators are devices used to deliver therapeutic shock to a patient ’ s heart in lifethreatening 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 . Growing focus towards public access defibrillator ( PAD ) by the public & private organizations , along with the key players , has fuelled the market growth . Other factors such as technologically advanced defibrillator devices , rapidly growing geriatric population with elevated risk of targeted diseases , and increasing incidence of cardiac diseases are driving the market growth . However , frequent product recalls , increasing pricing pressure on players and lack of awareness about sudden cardiac arrest ( SCA ) are restraining the growth of this market .
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The world defibrillators market is segmented on the basis of product , end user , and geography . On the basis of product , the world defibrillator market is further segmented into implantable defibrillators and external defibrillators . Implantable defibrillators are further categorized into cardiac resynchronisation therapy- defibrillator ( CRT-D ), transvenous implantable cardioverter defibrillator ( T-ICDs ) and subcutaneous implantable cardioverter defibrillator ( S-ICDs ). Among these , the T-ICDs segment dominates the overall ICD market owing to higher precision and targeted functioning . In addition , external defibrillators segment is further categorized into manual external defibrillator , automated external defibrillator ( AEDs ), and wearable cardioverter defibrillator ( WCDs ).
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On the basis of end user , the defibrillator market is segmented into hospitals , prehospital , public access market , alternative care market , and home . Geographically , the market is segmented across four major regions such as North America , Europe , Asia-Pacific , and LAMEA . North America accounted for the largest market share in the defibrillators market . The growth in this region is mainly due to factors such as product innovations , growing number of public defibrillation programs , and rising prevalence of chronic diseases . In addition , the Asia-Pacific region is expected to emerge as the area with maximum growth potential due to the growing focus of key players in emerging economies , improving healthcare infrastructure , and rising number of cardiovascular diseases .
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The report provides a comprehensive analysis of the key players operating in the world defibrillators market such as Asahi Kasei Corporation , Stryker Corporation , Biotronik SE & Co . KG , Boston Scientific Corporation , Philips Healthcare , LivaNova PLC , Medtronic plc , Cardiac Science Corporation , Nihon Kohden Corporation , and St . Jude Medical , Inc .
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