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Follow on Google News | External Defibrillators - Global Pipeline Analysis, Competitive LandscapeThe Global External Defibrillators Market is Forecast to exceed $2.2 Billion by 2017
By: Rajesh Gunnam The global external defibrillator market is led by Philips Healthcare, Medtronic, Inc., and ZOLL Medical Corporation with market shares of 23%, 18% and 18%, respectively. Fukuda Denshi, Nihon Kohden and Cardiac Science are the other key companies in the market. Most of the major companies currently rely on large scale AED installation contracts for revenue generation from the external defibrillators market. Most of the current development is focused on bringing simpler home - based defibrillators into the market, although the absence of any significant pipeline products suggests that the market is saturated in terms of technological growth. The US external defibrillator market, valued at around $620.9m in 2010, is the largest market by region for these devices. The high incidence rate of Sudden Cardiac Arrest (SCA) in the US is the major reason for the increased focus of the government and other medical associations on these devices. This market has seen rapid growth over the past decade because of large scale programs for public access to AEDs. Regulations for such installations were passed in all 50 states of the US, which included the increased availability of external defibrillators to hospitals and emergency medical services (EMS). For Sample Pages, please click or add the below link to your browser: http://www.globaldata.com/ The second largest market by revenue is Japan, with revenues worth $317m in 2010. Legislations were passed in Japan in 2004 for large scale installations of AEDs following the unexpected deaths of people due to SCA. The government of Japan went further by enabling the use of these devices by untrained bystanders, thus spurring rapid growth during the period 2004 - 2008. Large-scale contracts for the public installation of AEDs have been undertaken to prevent fatal outcomes from SCAs. Guidelines from the American Heart Association (AHA) and resuscitation councils of countries worldwide provide evidence to support the necessity of widespread AED installations and response training to improve survival rates from SCA. Survival could increase from as low as 5% to about 48 - 74% if the patient is provided with the first shock within three to five minutes. These guidelines, along with increasing public awareness, have been instrumental in pushing government legislation mandating initiatives to install AEDs at all high-risk public places, and at the same time to equip hospitals and EMS teams with the minimum number of required defibrillators. With these public installation programs becoming increasingly popular in the developed markets of the US, Europe and Japan, the emerging markets of Brazil, India and China are slowly catching up. Given the need for public installations in proportion to the population, largely under-penetrated emerging markets will play an important role in the growth of this market in the future. GlobalData’s new report, “External Defibrillators - Global Pipeline Analysis, Competitive Landscape and Market Forecasts to 2017” provides key data, information and analysis on the global external defibrillators market. The report provides market landscape, competitive landscape and market trends information on the external defibrillators market. The report provides comprehensive information on the key trends affecting the market, and key analytical content on the market’s dynamics. The report also reviews the competitive landscape and technology offerings. This report is built using data and infor7ation sourced from proprietary databases, primary and secondary research and in-house analysis by GlobalData’s team of industry experts For further details, please click or add the below link to your browser: http://www.globaldata.com/ Visit our report store: http://www.globaldata.com/ For more details contact: pressreleases@ North America: +1 646 395 5477 Europe: Asia Pacific: # # # GlobalData is a global market intelligence services company providing information research and analysis products and services. End
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