North American Automated External Defibrillator (AED) Market to be Worth $367.0 million by 2019, and Will Grow at CAGR of 6.8%
PUNE, India, February 4, 2016 /PRNewswire/ --
According to the new Market Research Report "North American Automated External Defibrillator (AED) Market by Product (Semi-Automated External Defibrillators and Fully-Automated External Defibrillators), by End-User (Public Facilities, Hospitals, Homecare & Nursing Homes) - Forecast to 2019", the North American automated external defibrillators (AED) report defines and segments the concerned market with an analysis and forecast of the revenue. This market is estimated to grow to about $367.0 million by 2019, at a CAGR of 6.8% from 2014 to 2019.
Browse through the TOC of North American Automated External Defibrillator (AED) Market for an in-depth analysis of the industry trends and segments, with help of various tables and figures.
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Defibrillation plays an important role to treat sudden cardiac arrest. External defibrillators include manual external defibrillators (MED), which are mainly used in hospital settings; AEDs are increasingly used in non-medical settings such as ambulances, public places, and homes.
The major drivers behind the growth of the AED market in North America are the increasing rates of cardiovascular diseases, government regulations with regards to public access defibrillation, and rising awareness to adopt technological advanced methods.
Growth in the AED market is primarily driven by the increasing cases of cardiovascular diseases (CVD) and sudden cardiac arrest (SCA). Sudden cardiac arrest is the foremost cause of death among the U.S. adults aged 40 years and above. According to the Centre for Disease Control and Prevention (CDC), approximately 2, 50,000 people die every year in the U.S. from SCA. Therefore, the rising cases of CVDs have fuelled the AED market growth.
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In the U.S., laws regarding the installation of public access defibrillators has been passed; therefore, the states have implemented this law by setting up AED devices in most of the public places, such as shopping centers, airports, offices, government buildings, schools, health & sports clubs, transportation centers, daycare centers, and casinos, in case of emergencies.
The U.S. is the highest contributor to the automated external defibrillators (AED) market in North America, as it accounted for 90% in 2013.
This market is segmented and forecast on the basis of different types and end-users. There are two major types of AEDs, namely semi-automated and fully automated AED. The market is segmented on the basis of end-users such as public facilities, pre-hospitals (ambulatory services), hospitals, and homecare & nursing homes. Further, the market is segmented and forecast on the basis of major countries, such as the U.S. and Canada.
Key Players of the North American Automated External Defibrillator (AED) Market include:
Philips Healthcare (the Netherlands), Cardiac Science Corporation (U.S.), ZOLL Medical Corporation (U.S.), Physio-Control, Inc. (U.S.), NIHON KOHDEN CORPORATION (Japan), Defibtech, LLC (U.S.), and HeartSine Technologies, Inc. (U.S.) among others and so on.
This report also includes the market share, value chain analyses, usage percentage & sales of different products, market metrics such as drivers, restraints, and upcoming opportunities in the market. In addition, it presents a competitive landscape and company profiles of key players in the market.
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