Advertisement
News
Advertisement

GiiResearch.com: External Defibrillators - Market Driven by High Disease Incidence and Public Access Defibrillation Programs

Fri, 12/02/2011 - 4:40am
Bio-Medicine.Org

FARMINGTON, Conn., Dec. 1, 2011 /PRNewswire/ -- Global Information, Inc. (GII) presents " External Defibrillators - Global Pipeline Analysis, Competitive Landscape and Market Forecasts to 2017" by GlobalData.

(Photo:  http://photos.prnewswire.com/prnh/20111201/CG16012)

The external defibrillators market around the globe is forecast to grow at a Compound Annual Growth Rate (CAGR) of 6% over the period 2010 - 2017 to exceed $2.2 billion by 2017, with growth primarily driven by the professional automated external defibrillators (AED) segment.

The market for manual defibrillators used in hospital setups will grow at a rate of 4% to about $896.5m in 2017, while the professional AED market is expected to surpass the manual defibrillator market, growing at a CAGR of 11% to reach about $836.9m in 2017. The expected growth in the global external defibrillator market can be attributed to high global incidence rates of Sudden Cardiac Arrest (SCA), government legislations promoting external defibrillator installation programs and opportunities for penetration in emerging markets.

Global External DefibrillatorsMarket Dominated by the US and Japan

The US and Japan together accounted for 64.3% of the total external defibrillator market revenues in 2010.

The US external defibrillator market, valued at around $620.9m in 2010, is the largest market by country 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 i

'/>"/>

SOURCE

Advertisement

Share this Story

X
You may login with either your assigned username or your e-mail address.
The password field is case sensitive.
Loading