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(Medical-NewsWire.com, September 21, 2017 ) Defibrillator is a vital tool in cardiopulmonary resuscitation indicated in cardiac arrhythmia. Defibrillators have undergone significant improvement in terms of size reduction, cost, and ease of operation. Most significant advancements are development of implantable cardioverter defibrillator (ICD) and automated external defibrillator (AED). These devices help prevent cardiac attacks, with little or no external aid irrespective of the location and time in case of any major variations in heartbeat.
Rising incidences of cardiovascular diseases worldwide, growing number of training and awareness programs and augmenting geriatric population are the primary causes driving the growth of this market.
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In spite of that, issues related to the use of implantable and external defibrillators along with inadequate awareness on sudden cardiac arrests (SCAs) can hamper the growth of this market. Frequent product recalls conjoined with growing pricing pressure on market players also hinder market growth to a certain extent.
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The Europe Defibrillators market can be categorized into two categories: by product, and by end user. If we go by product, Defibrillators market is segmented into Implantable Cardioverter Defibrillators (ICDS) and External Defibrillators. Implantable Cardioverter Defibrillators (ICDS) is further segmented into Transvenous Implantable Cardioverter Defibrillators (T-ICDS) (Biventricular ICDS/Cardiac Resynchronization Therapy Defibrillators (CRT-DS), Dual-Chamber ICDS and Single-Chamber ICDS) and Subcutaneous Implantable Cardioverter Defibrillators (S-ICDS). External Defibrillators is further categorized into Automated External Defibrillators (AEDS) (Semi-Automated External Defibrillators and Fully Automated External Defibrillators), Manual External Defibrillators and Wearable Cardioverter Defibrillators (WCDS). Of all the product categories of the defibrillators market, the S-ICDs segment is estimated to grow at the highest CAGR during the aforementioned forecast period. This is primarily attributed to its rising adoption due to its advantages such as growing number of research activities to support the adoption of S-ICD systems coupled with less-invasive approach and proven efficacy. Last but not the least, on the basis of end users the market is segmented into Hospitals, Clinics, & Cardiac Centres, Pre-Hospitals, Public Access Markets and Home Care. The hospitals, clinics, & cardiac centres category is projected to command the largest share of the defibrillators market in 2016. But still, the public access markets segment is estimated to grow at the highest CAGR in the aforementioned forecast period.
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By geography, the Europe Defibrillators market has been categorized into UK, Spain, France, Italy, Germany and others. It is second largest in terms of market share. UK is the leading market in this region.
Major companies in the Defibrillators market are Medtronic PLC (Ireland), St. Jude Medical, Inc. (U.S.), Boston Scientific Corporation (U.S.), BIOTRONIK SE & Co. KG (Germany), LivaNova PLC (U.K.), Koninklijke Philips N.V. (Netherlands), ZOLL Medical Corporation (U.S.), Cardiac Science Corporation (U.S.), Physio-Control, Inc. (U.S.), and Nihon Kohden Corporation (Japan).
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Source: EmailWire.Com 
Source: EmailWire.com
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