As per a report published by the World Health Organization (WHO), cardiovascular diseases (CVDs) are prevalent causes of death. In 2015, approximately 17.7 million people died due to cardiovascular diseases, globally. Further, obesity, smoking, sedentary lifestyles, diabetes mellitus, and high blood pressure are some of the main causes of cardiovascular diseases (CVDs), specifically sudden cardiac arrest (SCA).
Automated external defibrillators help in stabilizing irregular heartbeat. It delivers an electric shock to the heart through the chest. The shock assists in resuming the normal rhythm, after a sudden cardiac arrest (SCA). This is helping in minimizing mortality rate. Also, the device is portable and lightweight. Hence, it can be easily implanted in patients who are highly susceptible to cardiac arrest. These defibrillators are specifically used for resuscitation purposes. They aid to stabilize or say, keep the condition in control until the patient reaches the healthcare centre. All these factors are likely to fuel the global automated external defibrillators market in coming years.
Fully-Automated External Defibrillators Witnesses High Deployment Rate in Healthcare Centres
On the other hand, with the rising incidence of cardiovascular diseases (CVDs), people are undertaking, both, precaution and preventive measures. As a result, automated external defibrillators are gaining widespread popularity among people and end-users such as healthcare centres.
Healthcare centres are deploying fully-automated external defibrillators. It delivers high amplitude current impulse, which helps in restoring normal heart function quickly. Hence, the segment is likely to contribute significantly to the automated external defibrillators market. As per market analysts, the segment is expected to scale at promising CAGR of 17.3%.
Meanwhile, semi-automatic defibrillators are anticipated to gain momentum in the near future. This is due to ease of use and clear voice prompts.
Moreover, government bodies in various regions are taking mandatory steps to increase awareness about the devices. Investment in the research projects of automated external defibrillators in one of the major initiatives towards spreading awareness. As per market analysts, the automated external defibrillators market is anticipated to witness tremendous growth in the near future.
Lengthy Approval Process May Hamper Growth Rate of Regional Automated External Defibrillators Market
On the flip side, in some regions, approval guidelines are quite strict and thus, consume longer time when compared to other similar devices. This is one of the prominent restraining factors.
For example, in 2015, the U.S. Food and Drug Administration (USFDA) directed for pre-market administration (PMA) approval for new and existing automated external defibrillators. Also, the administration has recalled over 2 million devices since 2005, citing manufacturing glitches.
This, in turn, is producing a negative impact on the growth rate of the global automated external defibrillators market.
Also, people in developing nations are less aware about the corrective steps taken to prevent sudden cardiac arrest. Hence, automated external defibrillators market is yet to expand in such nations.
North America market is likely to hold prominent share in the global automated external defibrillators market. The prominence is attributed to rising prevalence of cardiac diseases resulting in sudden cardiac arrests. Also, government interventions to enhance the usage of automated external defibrillators are also likely to boost the market growth between 2020 and 2025.
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