Defibrillators Business Insights - Emerging Markets such as China, India, Brazil, and Mexico to Offer New Growth Opportunities for Market Players in Near Future Over the last five years, the defibrillators market has witnessed significant geographic expansions by leading vendors seeking to expand their presence and achieve economies of scale in emerging countries. These strategic expansions by leading vendors have enabled them to maintain their position in this market as well as offer a wide portfolio of defibrillator devices. Find

North America (including the U.S. and Canada), a major part of Europe, and Japan are mature markets for defibrillator devices. However, developing regions such as Asia-Pacific (including China and India), Latin America, and the Middle East are expected to become new revenue- generating markets for players operating in the defibrillators market in the coming years.

The defibrillators market in these emerging regions is primarily driven by factors such as the presence of a large patient pool, rapidly aging population, and rising focus of key players on developing countries. Leading players such as Koninklijke Philips N.V. (Netherlands), Boston Scientific Corporation (U.S.), BIOTRONIK SE & Co. KG (Germany), Nihon Kohden Corporation (Japan), and Sorin Group (Italy) are focusing on expanding their presence in these emerging markets by adopting a number of strategies such as launch of low-cost devices, conducting training services for healthcare professionals, and opening R&D and manufacturing facilities.

In the Asia-Pacific region, the market in China is estimated to grow at the highest CAGR in the next five years. A number of factors such as government initiatives (in the form of healthcare reforms and investments), rising aging population and incidence/prevalence of cardiovascular diseases (such as coronary heart disease, heart failure, and stroke), and growing focus of market players are the major factors contributing to the growth of the defibrillators market in China.

Owing to these factors, market players such as Sorin Group (Italy) are expanding their research and development facilities in China to meet the increasing demand for defibrillator devices in the country. Moreover, the defibrillators market in India is also expected to witness significant growth in the forecast period. The evolving defibrillators market in India offers significant growth opportunities for players, due to factors such as high incidence and prevalence of cardiovascular diseases, increasing penetration by global market players in India, rising medical tourism, and easy regulatory approvals. Furthermore, the combined efforts of government agencies and public-sector organizations to increase healthcare awareness have made Asia-Pacific an attractive market for defibrillator device manufacturers.

Defibrillators used for public access markets and homes as well as hospitals are expected to provide high growth opportunities for market players. The growth in these segments is driven by various factors such as the rising incidences of cardiac diseases at out-of-hospital settings, technological advancements in terms of increased longevity, rapid growth in the geriatric population across the globe, growing number of implant procedures in hospitals, and increasing awareness among healthcare professionals about defibrillator devices. Several companies such as Koninklijke Philips N.V. (Netherlands), ZOLL Medical Corporation (U.S.), Cardiac Science Corporation (U.S.), and Physio- Control, Inc. (U.S.) are investing in the development of easy-to-use AEDs to gain more profits and increase their share in the global external defibrillators market. Find Reports/automated-external-defibrillator-market- 549.html Reports/automated-external-defibrillator-market- 549.html