Market Research Reports- Consulting Analysis Crystal Market Research Automated External Defibrillators Market by Produc | Page 2

risk of SCA is bound to increase considerably over the forecast period thus fueling the demand for AEDs. However, lack of awareness about sudden cardiac arrest (SCA) can hinder the growth of AEDs market during the forecast period. Fully automated AEDs are normally used outside hospital settings in public places and pre hospital environments such as ambulances. These devices can be used with little or no training at public places or at home to counter SCA situations. Semi-automated AEDs are generally used in hospitals as these require some level of expertise to operate. With increasing installation of fully automated AEDs in public places, especially in developed countries, the market will witness favorable growth during the forecast period. U.S. held a considerable share of the North American AEDs market in 2016 owing to increasing prevalence of chronic diseases and availability of robust healthcare infrastructure in the country. France held a larger share of the European AEDs market in 2016 followed by Germany. Rising awareness related to SCA and installations of defibrillators for public access are some of the factors responsible for the growth of AEDs market in these countries. Request a sample copy of Automated External Defibrillators Market Research Report @ https://www.crystalmarketresearch.com/report-sample/HC07179 Technological advancement is another factor driving the growth of this market. Therefore, the major players operating in the global AEDs market emphasize on product development to expand their product portfolio and gain competitive advantage in the market. For instance, in March 2017, ZOLL Medical Corporation obtained approval from Health Canada for its ZOLL AED 3 and the ZOLL AED 3 BLS. This approval helped the company expand its product portfolio and market its AEDs in Canada. Such advanced product launches will help these players to expand their product portfolio to sustain their position in the global market. Some of the key players operating in the global AEDs market are, Shenzhen Mindray Bio-Medical Electronics Co., Ltd., ZOLL Medical Corporation (acquired by Asahi Kasei Corporation), Physio-Control, Inc. (acquired by Stryker Corporation), Cardiac Science Corporation, Koninklijke Philips N.V., Metrax GmbH, and Defibtech, LLC. (acquired by Nihon Kohden Corporation). Key Findings of the Research Study:    Fully automated AEDs market will exhibit favorable growth over the forecast period owing to rising adoption of these devices for public access as these can be efficiently operated with little or no training. Pre hospital segment will witness favorable growth during the forecast period owing to the immense value that AEDs deliver in emergency SCA cases. North America accounted for the largest share of the global AEDs market in 2016 due to increasing incidence of cardiovascular diseases and availability of advanced healthcare infrastructure.