Automated External Defibrillator Market, Trends, Size, Development and Forecast to 2020
Over the recent years, the global automated external defibrillator (AED) market has witnessed double digit growth, due to the rising frequencies of several cardio-vascular diseases and aging population. Rapid growth in the aging population with higher risk of target diseases is a major driver influencing the growth of automated external defibrillator market. Moreover, extensive availability of medical facilities for patients suffering from sudden cardiac arrest (SCA) and advancement in medical technology are some drivers of the global automated external defibrillator market. The automated external cardiac defibrillator market is one of the fastest growing segments whereas; the implantable/Internal cardiac defibrillators segment is one of the largest segments in the global defibrillator market.
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The automated external defibrillator market can be classified on the basis of technology and end-user. On the basis of technology, the global automated external defibrillator market is further divided into semi-automated and fully automated external defibrillators. The end-user market for automated external defibrillator is categorized into hospitals, pre-hospitals, public access and other alternate care market.
An automated external defibrillator can identify and detect life threatening arrhythmias. One of the main cardiovascular disorders affecting worldwide population is the sudden cardiac arrest (SCA). In sudden cardiac arrest, the heartbeat suddenly stops and can result in death. SCA is a disorder in which the heart abruptly and unpredictably stops functioning or beating, which finally leads to the reduced blood supply to brain and many other vital organs of the body. About 95% of patients who suffer from sudden cardiac arrest die within a minute. This arrest occurs due to an irregular heart rhythm, which is known as ventricular fibrillation. The AED enables diagnosis of life risking cardiac arrests of ventricular fibrillation and ventricular tachycardia in patients and keeps a check on heart rhythm. AED works on the basis of electrical analysis, which stops the arrhythmia by establishing an effective rhythm.
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Some of the major players in the global automated external defibrillator market include- Cardiac Science, Inc, Boston Scientific Corporation, Biotronik GmbH & Co. KG, Defibtech, LLC, NIHON KOHDEN CORPORATION, General Electric Company, St. Jude Medical, Inc., HeartSine Technologies Inc., Welch Allyn and Koninklijke Philips N.V.
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