Global External Defibrillators Market: Expected to Surge at a CAGR of 11% by 2026

BRUSSELS - Oct. 6, 2023 - PRLog -- An external defibrillator is used to help persons who have had a sudden cardiac arrest regain normal heart rhythm. It is a sophisticated yet simple-to-use medical device that can check the heart's rhythm and, if necessary, provide an electrical shock or defibrillation to help the heart reestablish a healthy rhythm.

External Defibrillators Market is being driven by technological improvements in external defibrillators

Continuous advancements in both manual and automatic external defibrillators have allowed for the development of more efficient devices with better operations, such as quick shock delivery, voice prompts, and tiny size, among other things:

• In March 2022, Avive secured $22 million in Series A investment for the development
• In November 2020, HeartHero got CE mark approval for its 'Elliot' automated external defibrillator (AED)
• zIn June 2020, Philips received pre-market approval for its HeartStart FR3 and HeartStart FRx AEDs from the US Food and Drug Administration (FDA).
• In September 2019, Mindray announced the launch of its BeneHeart C Series automated external defibrillator (AED)

Public-access defibrillation initiatives are boosting its adoption and driving the External Defibrillators Market

One of the top causes of mortality worldwide is sudden cardiac arrest (SCA). Furthermore, the growing senior population, which is predisposed to cardiac abnormalities due to increasing degradation in the structure and function of the heart, as well as the general population's adoption of a sedentary lifestyle, contribute significantly to the prevalence of SCA in public areas.

• In December 2021, the city of Vancouver has approved a motion put forward by St. John Ambulance B.C. & Yukon to place 1,000 AEDs and first aid supplies throughout the city
• In September 2021, the governing body of men's and women's lacrosse in the US - USA Lacrosse, entered in a three-year partnership with Stryker to be an official AED provider to US National Teams and USA Lacrosse at discounted pricing
• In May 2021, the Leona M. and Harry B. Helmsley Charitable Trust has awarded a $6.4 million grant to the Nebraska Department of Health and Human Service (DHHS) for the distribution of 2,500 AEDs throughout the state
• In March 2021, the government in Canada announced an investment of $700,000 to purchase up to 350 AEDs and place them at all the public schools in Nova Scotia

Competitive Landscape Analysis : External Defibrillators Market

External Defibrillators Market is marked by the presence of Important players such as Stryker Corporation (US); Koninklijke Philips N.V. (Netherlands); Asahi Kasei Corporation (Japan); Nihon Kohden Corporation (Japan); Mindray Medical International Ltd. (China);

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