Defibrillators Market : Analysis of Rising Business Opportunities with Prominent Investment Ratio by 2026
Increasing demand for portable devices due to low survival rates among cardiac arrest patients is expected to drive growth of the global defibrillators market
According to a report by the Institute of Medicine in 2015, around 600 thousand people in the U.S. suffer from cardiac arrest annually, with over 65% of the cases in out-of-hospital settings. The survival rate of out-of-hospital setting is less than 6%, while it is 24% in hospital settings. The survival rate in out-of-hospital setting is less due to consumer’s lack of operational knowledge about defibrillators and about carrying out CPR. Therefore, various training initiatives associated with the use of defibrillators and CPR techniques has led to increasing demand for defibrillators, especially the automated ones, thereby driving growth of the market. Individuals and staffs in malls were given training on how to use defibrillators by the UAE government, who deployed defibrillators in the country. According to the American Heart Association, lack of availability of trained/skilled by-stander at the emergency site is the major factor for less survival rate of patients who suffer from sudden cardiac arrest by 7% – 10% with every minute of delay until defibrillation. Therefore, initiatives to increase awareness and accessibility to the device is expected to fuel the defibrillators market growth.
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The Defibrillators Market research report covers the present scenario and the growth prospects of the global Defibrillators industry for 2018-2026. The report enlists several important factors, starting from the basics to advanced market intelligence which play a crucial part in strategizing.
Defibrillators market report provides key statistics on the market status of the Defibrillators manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the Defibrillators industry. The Defibrillators market report also presents the vendor landscape and a corresponding detailed analysis of the major vendors operating in the market.
Key players operating in Defibrillators market: Key companies covered as a part of this study include Medtronic, St. Jude Medical, Koninklijke Philips N.V., Schiller AG, Cardioline SpA, Mindray Medical, ZOLL Medical Corporation, Boston Scientific Corporation, GE Healthcare and Bexen Cardio
Defibrillators market report analyses the market potential for each geographical region based on the growth rate, macroeconomic parameters, consumer buying patterns, and market demand and supply scenarios.
Regions of Defibrillators market:
In the end, the report makes some important proposals for a new project of Defibrillators Industry before evaluating its feasibility. Overall, the report provides an in-depth insight of 2018-2026 global Defibrillators industry covering all important parameters.
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Why this is useful Report to you
This report provides pin-point analysis for changing competitive dynamics
It provides a forward looking perspective on different factors driving or restraining market growth
It provides a six-year forecast assessed on the basis of how the market is predicted to grow
It helps in understanding the key product segments and their future
It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments
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