Defibrillator is an essential tool in cardiopulmonary resuscitation indicated in cardiac arrhythmia. Various advancements have been observed in defibrillator technology – from manual to automated ones, and implantable defibrillators to ensure constant care for patients suffering from ischemic heart disease or those at high risk of cardiac arrest. A Global Resuscitation Alliance (GRA) was formed in 2016, comprising international health organizations, global resuscitation leaders, and the American Heart Association (AHA), with an objective to increase the survival rate of patients with sudden cardiac arrest, by 50%. This alliance actively works towards increasing public awareness about defibrillators and has facilitated the installation of automated defibrillators in public places for use in case of related medical emergencies. Training initiatives such as by-stander PCR training by manufacturers would considerably contribute towards improvement in survival rates, while enhancing brand visibility.

Onboard emergency medical cases lead to major losses to airlines. Emirates handled more than 60 flight diversions in 2016 due to medical emergency and it is estimated that a single diversion could lead to losses ranging from US$ 50,000 to US$ 600,000. The airline therefore decided to set standards for emergency medical care in 2016 and have invested US$ 7 million for installing medical equipment on board which also include defibrillators.
The global defibrillators market was valued at US$ 11,820 million in 2015.

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Market Dynamics
Heart related disorders such as cardiac arrhythmias and sudden cardiac arrests are common globally due to drastic lifestyle changes and unhealthy eating habits. The abovementioned factors are precursors for cardiac disorders, which can gradually deteriorate heart health. Furthermore, rising number of cardiovascular disorders are expected to support the market for defibrillators over the forecast period. Also, rise in elderly population in various regions is projected to underpin the defibrillator market in the near future. Furthermore, the companies involved in the manufacture of such devices are actively promoting their products by installing automated external defibrillators in various public places across the U.S. and U.K. for use in emergency situations. This has significantly improved public understanding about such products and enhanced visibility of specific brands. This is a major factor projected to support growth of the defibrillator market in the near future.

Market Taxonomy
This report segments the global defibrillators market on the basis of product type, end user, and geography. On the basis of product type, the market is categorized into implantable cardioverter defibrillator, external defibrillator. The implantable cardioverter defibrillator segment is further segmented into two main divisions such as single chamber implantable cardioverter defibrillator and dual chamber implantable cardioverter defibrillator. Furthermore, the external defibrillator is also further divided into three more segments such as manual external defibrillator, automated external defibrillator and wearable cardioverter defibrillator. On the basis of end user, the market is segmented into hospitals, public access, emergency medical services Homecare settings and work spaces. For comprehensive understanding of market dynamics, the global defibrillators market is analyzed across key geographical regions namely North America, Europe, Asia Pacific, Latin America, Africa, and Middle East. Each of these regions is analyzed on basis of market findings across major countries in these regions for a macro-level understanding of the market.

Key Players:
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

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