North America to Dominate Automated External Defibrillator Market During Forecast Period 2025
by mack nene TechSci ResearchIncreasing prevalence of cardiovascular
diseases across the globe to drive the growth of global automated external
defibrillator market
According to TechSci
Research report, “Global Automated External Defibrillator Market By
Product Type, By Technology, By Patient Type, By End User, By Region,
Competition, Forecast & Opportunities, 2025”, the global automated external
defibrillator market is expected to grow at a steady rate during the forecast
period on account of the rapid growth in the aging population and increasing
product awareness among the population. However, stringent FDA regulations and
issues regarding the wearability of defibrillators can hamper the growth of
market during forecast period.
India smartwatch
market is expected to grow at a significant rate during the forecast period.
The growth of India smartwatch market is attributable to availability of
high-speed internet connection and current smartphone revolution in the
country. Some other factors that are anticipated to drive the growth of
smartwatch market in the country over the coming years are growth concerns
pertaining to health and presence of large number of key market players such as
such as Xiaomi, Samsung, Apple, Google, and others. Moreover, due to wide range
of body and health monitoring capabilities, swimmers, cyclists, gym-goers and
athletes are rapidly adopting the use of smartwatches, thereby boosting the
growth of smartwatch market in the country. However, high initial cost can act
as a major impediment to the growth of India smartwatch market in the next 5
years.
Based on product,
India smartwatch market can be segmented into extension, standalone, classical
and others. Among these, the standalone segment dominated the market until
2019, in terms of largest market share and is further anticipated to witness
high growth in the coming years as well attributable to the features such as
wireless operations, sim card acceptance & can be used as mobile phone, and
to access the internet.
Browse XX market data Tables and XX Figures
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Automated External Defibrillator Market"
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Industry
Players :
Major players in
the India smartwatch market include Apple, Inc., Fitbit Inc., Samsung
Electronics Co., Ltd, Sony Corporation, Fossil Group, Inc., Huawei Technologies
Co., Ltd., Titan Co. Ltd., Casio India Co Pvt Ltd, Xiaomi Corporation, Nokia
Corporation (Withings) and others. The key players in the market are focusing
on collaborations in order to expand their market share.
The global automated external defibrillator market is
segmented based on product type, technology, patient type, end user, region and
company. Based on technology, the market can be divided into semi-automatic and
fully automatic. The fully automatic segment is expected to dominate the market
during forecast period since fully automatic automated external defibrillators
are best suited for patients suffering from sudden cardiac arrest that require
less or no technical information, reduce the time for shock reliving, and
require no mechanical force while conducting the procedure. Based on patient
type, the market can be categorized into adult and pediatric. The adult patient
type is expected to dominate the market on account of the growing trend of increasing geriatric population who are more susceptible
to cardiac diseases.
Years considered
for this report:
Historical Years: 2015-2018
Base Year: 2019
Estimated Year: 2020
Objective
of the Study:
·
To analyze and forecast the market size of global automated external
defibrillator market.
·
To classify and forecast global automated external defibrillator market
based on product type, technology, patient type, end user, company and regional
distribution.
·
To identify drivers and challenges for global automated external
defibrillator market.
·
To examine competitive developments such as expansions, new product
launches, mergers & acquisitions, etc., in global automated external defibrillator
market.
·
To identify and analyze the profile of leading players operating in
global automated external defibrillator market.
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TechSci Research performed
both primary as well as exhaustive secondary research for this study.
Initially, TechSci Research sourced a list of manufacturers across the globe.
Subsequently, TechSci Research conducted primary research surveys with the
identified companies. While interviewing, the respondents were also enquired
about their competitors. Through this technique, TechSci Research could include
the manufacturers which could not be identified due to the limitations of
secondary research. TechSci Research analyzed the service providers,
distribution channels and presence of all major players across the globe.
TechSci Research calculated
the market size of global automated external defibrillator market using a bottom-up approach, wherein data for various end-user
segments was recorded and forecast for the future years. TechSci Research
sourced these values from the industry experts and company representatives and
externally validated through analyzing historical data of these product types
and applications for getting an appropriate, overall market size. Various
secondary sources such as company websites, news articles, press
releases, company annual reports, investor presentations and financial
reports were also studied by TechSci Research.
“North America is expected to dominate the
automated external defibrillator market during the forecast period, owing to
the improved healthcare infrastructure, presence of established players,
surging geriatric population, among others in the region. Additionally,
instances of cases related to cardiovascular diseases and associated health
problems are on a surge in the region which is further expected to propel the
automated external defibrillator market over the next five years.” said Mr.
Karan Chechi, Research Director with TechSci Research, a research based global
management consulting firm.
Key Target Audience:
·
Automated external defibrillator manufacturers, suppliers, distributors
and other stakeholders
·
Government bodies such as regulating authorities and policy makers
·
Organizations, forums and alliances related to automated external
defibrillator
·
Market research and consulting firms
The study is useful in
providing answers to several critical questions that are important for the
industry stakeholders such as manufacturers, suppliers and partners, end users,
etc., besides allowing them in strategizing investments and capitalizing on
market opportunities.
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About Us :
TechSci
Research is a research-based management consulting firm providing market
research and advisory solutions to its customers worldwide, spanning a range of
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Created on Feb 28th 2020 00:55. Viewed 334 times.