The global defibrillators market is estimated to grow at a CAGR of 6.9% from 2014 to 2019. Although mature markets such as the U.S., Germany, Japan, and the U.K. held larger shares in the defibrillators market in 2014, the emerging countries in the Asia-Pacific market are poised to grow at the highest rate in the next five years. Factors such as rapidly increasing aging population, growing focus of multinational companies on emerging markets, improving and modernizing healthcare infrastructure, and huge burden of cardiovascular disease are propelling the growth of these countries.
Complete report of 55 market data tables & 54 figures spread through 216 pages and in-depth TOC on "Defibrillators Market" at http://www.reportsnreports.com/reports/344031-defibrillators-market-by-product-implantable-cardioverter-defibrillator-single-dual-chamber-crt-d-s-icd-and-external-monitor-defibrillator-aed-wearable-by-end-user-hospital-pre-hospital-public-access-home-global-forecast-to-2019.html .
Defibrillators market growth is driven by development of technologically advanced defibrillators, rapid growth in aging population with high risk of target diseases, rising incidences of cardiovascular disease,growing focus of public and private organizations & key market players toward public access defibrillators, and increasing number of training & awareness programs across globe. Moreover, emerging markets like China, India, Brazil, and Mexico;home-use defibrillators; and development of subcutaneous implantable cardioverter defibrillators (S-ICDs) are opportunities for market growth.
Premium Insights covered in this research as follows,
- Attractive Opportunities in the Defibrillator Market
- Defibrillator Market : By Product Segments
- Defibrillator Market : By Country, 2014
- Defibrillator Market : T-ICDS Market (2019)
- Defibrillator Market : Developed vs. Developing Nations
- Defibrillator Market in the Asia-Pacific Region
On basis of end users, market is segmented into hospitals, prehospitals, public access markets, alternate care markets, and homes. Geographically, North America (comprising the U.S. and Canada) commanded the largest share—39.9%—of global defibrillators market in 2014, followed by Europe. North American defibrillators market is primarily driven by continuous technological advancements and product innovations, increasing number of public defibrillation programs, increasing prevalence of obesity, and rising focus of key players to expand their businesses in the North American region.
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Stringent regulatory policies for approval of defibrillators, rising preference by public and private organizations for bulk purchases through group purchasing organizations (GPOs) and Integrated Health Networks (IHNs), and saturation of market due to presence of numerousplayersis restraining the growth of the defibrillatorsmarket in this region.
Defibrillators market is highly competitive. Medtronic, Inc. (U.S.)dominated the global defibrillators market in 2013, followed by St. Jude Medical, Inc. (U.S.). Other players include Boston Scientific Corporation (U.S.), BIOTRONIK SE & Co. KG (Germany), Sorin Group (Italy),Koninklijke Philips N.V. (Netherlands), ZOLL Medical Corporation (U.S.), Cardiac Science Corporation (U.S.), Physio-Control, Inc. (U.S.), Nihon Kohden Corporation (Japan), and Heart Sine Technologies, Inc. (U.S.).
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Agreements, partnerships, collaborations, contracts,and joint ventures; new product launches; geographical expansions; and strategic acquisitions are the major strategies adopted by market players to achieve growth in the defibrillators market.
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