2014-02-18 02:37:01 - Automated External Defibrillator Market: Trends, Technology & End-Users 2012-2017 - a new market research report on companiesandmarkets.com
The global automated external defibrillator market reached a value of around $616 million in 2012, with North America being the largest region, followed by Japan and Europe. However, North America and Japan are likely to grow at lower CAGRs compared to the Asian market due to an intense competition and certain amount of saturation in the market. The Asian market is poised to register maximum growth over the next five years, owing to the increasing installation of public access AEDs.The major drivers of this market are increasing installation of public access AEDs, growing awareness about the lifesaving potential of AED, increasing incidences of cardiovascular disease, and advancing technology. However, product recalls, and intense competition in mature markets will hamper the
growth of this market, to a certain extent.Key players in the AED market are Philips Healthcare (The Netherlands), Cardiac Science (U.S.), ZOLL Medical Corporation (U.S.), Nihon Kohden (Japan), Physio-Control (U.S.), Defibtech (U.S.), HeartSine Technologies (U.S.), and Schiller (Switzerland).Report OverviewThe automated external defibrillator market is segmented based on product type into two categories - semi-automated and fully automated defibrillators. Based on end-users, the AED market is classified into five categories, namely, hospitals, pre-hospital, public access, alternate care, and home; the market is forecast till 2017.Automated external defibrillators play an important role in saving the lives of sudden cardiac arrest victims. Considering the life-saving potential of AEDs, legislations requiring installation of public access defibrillators (PAD) have been passed in the U.S., Japan, and certain European countries.The geographies covered in this study are North America, Europe, Japan, Asia and Rest of the world (RoW). North America is the largest market for AED, followed by Japan and Europe. North America and Japan are expected to grow at a slower pace, primarily due to a certain amount of saturation in the market. The Asian market is poised to register maximum growth over the next five years, owing to the increasing installation of AEDs and rising prevalence of cardiovascular diseases.
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