A family member experiences heart arrests at home in almost 80% of cases according to American Heart Association. It is clear that, after the person collapses, successful AED shock should be administered to a patient within three to five minutes. Increasing prevalence of cardiovascular disease due to eating habits and lifestyle change will have a significant long-term impact on the global defibrillator market. The Global Defibrillator Market is likely to surpass US$ 15 Billion mark by the end of year 2025.
Defibrillator is a life-saving machine that maintains the heart beating no matter how fast or slows the heart beats. Defibrillator is more practical than pacemaker system. It also acts as a pacemaker and when heart beat is quite slow or malfunction is detected. To restore heart beat to its original state, it also gives shocks.
The major factors that influences the market growth are; increasing incidence of cardiovascular disease, increasing number of cardiac arrest globally, advancement in technology, increasing research & development towards Defibrillator technology, increasing number of innovative products, increasing geriatric population across the world, greater significance and role of machine in saving life etc. Moreover various types of defibrillator machine getting quick approval will further boost the market in forecast period.
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