External Defibrillators Market | North America garnered a major external defibrillators market
Posted by supriya on August 16th, 2022
According to a new report published by Allied Market Research, titled, "External Defibrillators Market," The external defibrillators market size was valued at .7 billion in 2021, and is estimated to reach .2 billion by 2031, growing at a CAGR of 7% from 2022 to 2031.
Defibrillators are devices that restore a normal heartbeat by sending an electric pulse or shock to the heart. They are used for prevention and treatment of cardiac arrhythmia. Cardiac arrhythmia is defined as a heart disorder, in which heartbeats are uneven, either too slow or too fast. Defibrillators aim to restore the beating of heart, if it stops suddenly.
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The major factors that boost the market growth include, technological advancements such as advent of automated external defibrillators (AEDs) for public access places, rise in incidence of sudden cardiac arrest, and growth in awareness toward public access defibrillators globally. Moreover, improving healthcare attractiveness and rising demand for home care defibrillators, such as wearable cardioverter defibrillators and automated external defibrillators (AEDs) are ongoing external defibrillators market trends. The ability of the defibrillator device to diagnose early onset of ventricular tachycardia and ventricular defibrillation is expected to promote their demand. Nevertheless, cost-effectiveness, safety, high accessibility, and clinical value in preliminary treatment of sudden cardiac arrest strengthen the technological advancements in the defibrillators market. However, lack of awareness toward the availability of external defibrillator to prevent sudden cardiac arrest (SCA) and safety concerns related to automated external defibrillators are projected to hamper the market growth.
KEY FINDINGS OF THE STUDY
On the basis of external defibrillators industry study, the Automated External Defibrillator (AED) defibrillators segment among product type was the highest contributor to the market in 2021.
Key Market Segments
By End User
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Key Market Players
Nihon Kohden Corporation
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About the Authorsupriya
Joined: July 12th, 2022
Articles Posted: 49
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