Portland, OR -- (SBWire) -- 02/28/2018 --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 has fueled the market growth. Moreover, advanced defibrillator devices, rapidly growing geriatric population with elevated risk of targeted diseases, and increasing incidence of cardiac diseases among all ages are further driving the market growth. However, product failures and 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 global defibrillators market is segmented based on product, end-user, and geography. Implantable cardioverter-defibrillator (ICDs) and external defibrillators are two major product categories of defibrillators. ICDs are further categorized into cardiac resynchronization therapy - defibrillator (CRT-D), transvenous implantable cardioverter defibrillator (T-ICDs) and subcutaneous implantable cardioverter defibrillator (S-ICDs). The T-ICDs market is the largest within Implantable cardioverter-defibrillator market owing to higher precision and targeted functioning.
In addition, external defibrillators are further categorized into manual external defibrillator (MEDs), automated external defibrillator (AEDs), and wearable cardioverter defibrillator (WCDs). AEDs are most commonly used external defibrillator accounting for more than two-thirds of external defibrillator market revenue in 2015. However, WCDs are gaining express momentum and is expected to churn substantial revenue share of both MEDs and AEDs during forecast period due it's easy to use and wearable features.
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DEFIBRILLATORS MARKET KEY BENEFITS
- The study provides an in-depth analysis of the world defibrillation market with current trends and future estimations to elucidate the imminent investment pockets.
- The report provides a quantitative analysis from 2014 to 2022, which is expected to enable the stakeholders to capitalize on prevailing market opportunities.
- The report provides actual historical figures for 2014 and 2015 and provides Y-o-Y forecasts for 2016 to 2022, considering 2015 as base.
- Extensive analysis by product helps in understanding the various types of devices used for the treatment of neurological diseases and other related conditions.
- Competitive intelligence highlights the business practices followed by leading players across various regions.
- SWOT analysis studies the internal environment of the leading companies for strategy formulation.
DEFIBRILLATORS MARKET SEGMENTS
By Product
- Implantable Defibrillators
o Transvenous Implantable Cardioverter Defibrillator (T-ICDs)
o Subcutaneous Implantable Cardioverter Defibrillator (S-ICDs)
o Cardiac Resynchronization Therapy- Defibrillator (CRT-D)
- External defibrillators
o Manual External Defibrillator
o Automated External Defibrillator (AEDs),
o Wearable Cardioverter Defibrillator (WCDs).
By End User
- Hospitals
- Prehospital
- Public Access market
- Alternate Care Market
- Home
