Saudi Arabia Defibrillators Market : Dynamics, Restraints, Opportunities, Current And Future Status Of This Industry

This Defibrillators are critical life saving devices that are successfully used to save millions of lives across globe. This report provides in-depth analysis of defibrillators market in the Kingdom of Saudi Arabia. Stakeholders for this report include manufacturers of defibrillation products, raw material suppliers, government agencies and regulatory bodies. The Saudi Arabia defibrillators market has been studied from two perspectives: by products and by end users. In terms of products the study includes advanced life support devices (ALS) and automated external defibrillators. Whereas, the end users segment encompasses hospitals, public access defibrillators and business workplace. A detailed market analysis and forecast for each of these segments have been provided in this study in terms of market revenue (USD million) for the period from 2012 to 2020. The report also provides compounded annual growth rate (CAGR %) for each of these segments for the forecast period from 2014 to 2020, considering 2012 and 2013 as historical and base years, respectively.

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Technological advancements in the research and development of defibrillators have been the primary growth driver for the defibrillators market across Saudi Arabia. Integration of vernacular medical assistance that provides audio and video help to paramedics has completely revolutionized the Saudi Arabia defibrillators market. Earlier, with only English being the language used for medical assistance, only the skilled professionals could use defibrillators. However, the addition of local languages as made is possible for a lesser-skilled person to use AEDs or ALS in the case of sudden cardiac arrests (SCA) as well. This has resulted in an increased uptake of defibrillators in both public and private institutions.

The opportunity in the Saudi Arabia defibrillators market is anticipated to be worth US$49.8 mn by 2020 as it rises from US$28.6 mn in 2013. Through the forecast period of 2014 and 2020, the overall market is likely to expand at a CAGR of 8.3%. The global market is also anticipated to thrive as the government and private sector are making efforts to improve public safety solutions. For the same purpose, in 2011, Gulf Air installed Philips AEDs in all of its airplanes to assure onboard passengers of their safety in case of a cardiac arrest mid-air. Furthermore, the adoption of defibrillators at religious places in Saudi Arabia has also boosted the overall market.

The market overview section of the report demonstrates major market dynamics such as drivers, restraints and opportunities that influence the current and future status of this industry. The overview section also includes Porter’s Five Forces analysis and impact analysis of key industry events to provide a thorough analysis of the overall competitive scenario in the Saudi Arabia defibrillators market. The report also provides important recommendations for market players and new entrants. These recommendations would enable existing market players to expand their market share and help new companies establish their presence in the Saudi Arabia defibrillators market. The report concludes with company profiles section, which includes key information about major players in the market such as financial overview, business strategies, and recent developments.

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The key players mentioned in the report include Biotronik SE & Co. KG, Defibtech, LLC, GE Healthcare, HeartSine Technologies, Inc., Cardiac Science Corporation, Mindray Medical International Ltd., Nihon Kohden Corporation, Philips Healthcare, Physio-Control, Inc., Schiller AG, and Zoll Medical Corporation.
 

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