Defibrillators are devices used to provide a therapeutic shock to a patients heart in life-threatening situations like cardiac arrhythmia, ventricular fibrillation and pulseless ventricular tachycardia. Automated defibrillators are devices that analyse the heart rhythm automatically and respond by providing an electric shock to restore a normal heart rhythm if a problem is detected. AEDs are deployed in various settings (such as hospitals and airports) and serve a major role in improving the number of opportunities for life-saving defibrillation because of their small size and ease of use. AEDs are commonly used in life threatening conditions because of its portable nature and easy to use advantage.
MARKET SCOPE
The "Global Automatic External Defibrillators Market Analysis to 2028" is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of the automatic external defibrillators market with detailed market segmentation by product and end user. The report provides key statistics on the market status of the leading automatic external defibrillators market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on product the market is segmented as, semi-automatic external defibrillators and fully automatic external defibrillator.
- Based on end user the market is segmented as, hospitals, clinics and cardiac centers, pre-hospitals, public access markets, home care and alternate care markets.
MARKET DYNAMICS
Drivers:
- Increasing prevalence of cardiovascular disorders and growing geriatric population across the globe.
- Additionally, growing emphasis to provide public access defibrillators also fuel the market growth.
- The untapped potential in emerging markets is expected to provide lucrative opportunities for the market.
- Technological advancements in defibrillator technology.
Restraints:
- Whereas, issues related to use of automatic exteranl defibrillators is expected to hamper market growth during the forecast period.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The automatic external defibrillators market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the automatic external defibrillators market in these regions.
IMPACT OF COVID-19 ON AUTOMATIC EXTERNAL DEFIBRILLATORS MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. According to the current market situation, the report further assesses the present and future effects of the COVID-19 pandemic on the overall market, giving more reliable and authentic projections In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
MARKET PLAYERS
The report covers key developments in the automatic external defibrillators market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from automatic external defibrillators market are anticipated to lucrative growth opportunities in the future with the rising demand for automatic external defibrillators in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the automatic external defibrillators market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Medtronic
- Koninklijke Philips N.V.
- Zoll Medical Corporation
- Stryker
- NIHON KOHDEN CORPORATION
- Shenzhen Mindray Bio-Medical Electronics Co., Ltd.
- Laerdal Medical
- BPL Medical Technologies
- SCHILLER
- HeartSine Technologies LLC
- METsis Medikal
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.