The report “Eurpoean Automatic External Defibrillators (AED) Market by Product Type (Semi-Automated, Fully-Automated), End-User (Pre-Hospitals, Public Access Market, Hospitals, Alternate Care Market, Home) - Forecast to 2019” is expected to reach a value of $134.2 Million by 2019, estimated to grow at a CAGR of 10.9% from 2014 to 2019.
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Defibrillation plays an important role in the treatment of sudden cardiac arrest. External defibrillators include manual external defibrillators (MED), which are mainly used in hospital settings. AED is used increasingly in non-medical settings such as ambulances, public places, and homes.
The major drivers behind the growth of the AED market in Europe are the increasing rate of cardiovascular diseases, government regulations regarding public access defibrillation, and technological advanced methods.
Companies are striving to improve their AED devices continuously to survive the strong competition in the market. Many manufacturers now offer AEDs that operate in multiple languages and with audio-visual prompts. A few leading companies have also come up with innovative defibrillators, such as Philips’ non-prescription (over the counter) form of AED for home use known as HeartStart Home that was introduced in 2004. ZOLL Medical Corporation has also launched a wearable defibrillator in 2009 under the brand ‘LifeVest’. An introduction of these innovative products will help boost the growth of the AED market.
European countries such as Italy and France passed legislations in 2001 and 2007 respectively, authorizing the use of AED by a layperson. As a result of these laws and nationwide defibrillation programs undertaken by various local and national governments, a large number of AEDs have been installed at public places such as shopping centers, airports, offices, government buildings, schools, health & sports clubs, transportation centers, daycare centers, and casinos. Thus, the increasing installation of public access AEDs boosts the growth of this market.
France is the highest contributor to the automated external defibrillators (AED) market in Europe, as it accounted for 25.3% in 2014.
This market is segmented and forecast on the basis of different types and end-users. There are two major types of AEDs-semi-automated and fully automated AED. The market is segmented on the basis of end-users such as pre-hospitals, public access market, hospitals, alternate care market, and home. Further, the market is segmented and forecast on the basis of major countries, such as France, Germany, the U.K., Italy, Spain, and RoE.
This report also includes the market share, value chain analyses, usage percentage & sales of different products, market metrics such as drivers, restraints, and the upcoming opportunities in the market. In addition, it presents a competitive landscape and company profiles of key players in the market.
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