Economic Growth, Awareness for Newer Medicine Practices Supports adoption of Defibrillation Processes in Emerging Economies

Published Date : Mar 18, 2016

Defibrillators are medical devices that are used to give an electronic shock to the heart for life-threatening conditions of arrhythmia or a cardiac arrest. Globally, sudden cardiac arrest (SCA) is a major reason for death with the U.S. itself recording 300,000 SCA associated deaths each year. Defibrillators are used to depolarize critical part of the heart’s muscle, which in turn helps to restore normal rhythmic pattern of the heart. 

Defibrillation is of paramount importance for victims of a sudden cardiac arrest. If the patient receives cardiopulmonary resuscitation and defibrillation in the first 5 to 12 minutes of cardiac arrest it can save a large number of lives.

The global market for defibrillators is exhibiting a steadfast growth presently. Rising number of cardiovascular diseases, advancement in technology for the manufacture of defibrillation devices, and increasing awareness among consumers for defibrillation processes are the reasons for the same. In the event of a sudden cardiac arrest, patient experience a condition of ventricular fibrillation, which results into irregular heartbeat. To control this condition, the use of cardiopulmonary resuscitation solely is not enough and has to be complemented with defibrillation. In these instances, defibrillators are essentially important to give an electric shock and enables the cells of the natural pacemaker cells to re-establish regular cardiac rhythmic pattern. 

In the defibrillators market, regional demographics and socio-economic changes are also favoring growth of this market. For instance, in the U.S., baby boomers are heading towards retirement and are prone to cardiac conditions due to their lifestyle. In the Middle East and Asia Pacific, due to the rising economic prosperity and availability of advanced healthcare, the defibrillators market is pacing growth. Other than this, in large business houses and corporations, the installation of automated external defibrillators is increasingly becoming common in the event of workplace cardiac emergencies.

Currently, North America is the largest market for defibrillators. Nevertheless, in the coming years, the region will display a slower growth rate in the defibrillators market. Asia Pacific and the Middle East will exhibit a faster growth rate in the defibrillators market due to increasing awareness among consumers about defibrillation processes and an increasing patient pool with cardiac conditions.