Increased support from governments in the healthcare sector is expected to propel growth in the global external defibrillator market. Fortune Business Insights in a report, titled “External Defibrillator: Global Market Analysis, Insights and Forecast, 2019-2026” published the above information. External defibrillator devices are used to deliver shock therapy to patients suffering from sudden cardiac arrests. The growing focus on public access defibrillator or (PAD) by private organizations and leading players are expected to drive the market. Also, the rising prevalence of cardiovascular disorders is projected to help expand the global market in the coming years. The global market was worth US$ 3152.5 Mn in 2018 and is projected to reach US$ 6463.0 Mn by 2026. At this pace, the global market will exhibit a CAGR of 9.4% during the forecast period.
Browse Complete Report Details at https://www.fortunebusinessinsights.com/industry-reports/external-defibrillator-market-100949
Some of the major companies that are present in the Global External Defibrillator Market are;
- Asahi Kasei Bioprocess America, Inc.
- Philips Healthcare SL
- Defibtech, LLC.
- Cardiac Science
- Stryker Sage
- CU Medical Systems, Inc.
- Other prominent players
Rapid Advancements in Medical Technology Helps the Market Grow in North America
North America is expected to lead the global external defibrillator market owing to huge technological advancements in healthcare. Moreover, the region was worth US$ 1690.6 Mn in the year 2018. Rising support from governments and favorable schemes on reimbursements are factors creating growth opportunities for the market in North America. Also, the region is witnessing more number of external defibrillator installations in hospitals and other public places. This, as a result, is likely to reduce fatalities from cardiac arrests and this is why North America holds a prominent share in the global market. The rise in training programs on Automated External Defibrillator (AED) in this region is also expected to encourage growth in the market.
The market in Asia Pacific is likely to register considerable growth in the forecast years primarily on account of improvements in healthcare infrastructure. This is further expected to result in increasing accessibility of external defibrillator devices. Also, rising prevalence of cardiovascular disorders in Asia Pacific is likely to stimulate growth of the market.
Advancements in External Defibrillators to Offer Faster Treatment and Spurs Growth
“The demand for handling cardiovascular patients is growing across the world,” said a lead analyst at Fortune Business Insights. “This is further expected to lead to innovations in external defibrillators such as automated external defibrillator (AED),” he added. These AED devices covered 45.9% share in the global market in 2018 owing to their minimal costs. Also, advancements in external defibrillator are expected to enhance the comfort level of patients by delivering a faster treatment.
Rising awareness about defibrillation especially in out-of-hospital cardiac arrest (OHCA) patients enables growth in the market. This is ascribable to several training programs conducted in offices, schools, and some other public places. Growing demand for the treatment of cardiovascular disorders is anticipated to fuel the demand for external defibrillator pacemaker. Fortune Business Insights predicts that the escalations in the development of healthcare industry over the years has offered significant impetus to the market’s growth.
Rapid lifestyle changes and increasing prevalence of obesity, high blood pressure, and diabetes result in rising prevalence of sudden cardiac arrests. This in turn, is expected to augment demand for different types of external defibrillators such as AED, wearable defibrillator, and others.
Asahi Kasei Leads the Market with its Diverse Product Portfolio
As per the report, the leading player in the global external defibrillator market is Asahi Kasei Corporation. The company offers diverse product portfolio in wearable as well as automated defibrillator segments. In addition to this, the company has achieved an efficient customer reach over the years and provides an impressive after-sales service. The company, along with Philips Healthcare, covers more than half of the market in terms of their revenue.
Launch of novel external defibrillators are expected to increase the share in the global market by 2026. For instance, Stryker launched an AED called LIFEPAK CR2 in the U.S. in April 2016. This device is Wi-Fi enabled and offers efficient remote patient monitoring. Also, Swansea City Football Club launched a defibrillator program in March 2018. This program was initiated with an aim to offer 24-hour emergency care for football players.
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Essex Business School Awarded the WRDS-SSRN Innovation Prize for Academic Research
Together, WRDS and SSRN are advancing impact-focused research, changing policy and practice on a global scale. The WRDS-SSRN Innovation Award series elevates the visibility of impact-focused research and the institutions that conduct it. Each year, awards are presented to rising business schools from North America, Europe and Asia Pacific regions to highlight innovation and research excellence. As a part of the Wharton School of the University of Pennsylvania, WRDS enables comprehensive thought leadership, historical analysis and insight into the latest innovations in research.
Bob Zarazowski, managing director of WRDS, and Gregg Gordon, managing director of SSRN, presented the award to Neil Kellard, Dean of Essex Business School, during the virtual AACSB EMEA Annual Conference.
WRDS is pleased to honor the Essex Business School for its commitment to growth and innovation in academic research, said Bob Zarazowski. Supporting and advancing research is at the heart of what we do at WRDS, and we are excited to continue to partner with SSRN and provide greater visibility to business schools.
It’s a real privilege to be given the award, in particular because of the high standard of previous awardees and the repute of the two awarding organisations, said Professor Neil Kellard, Dean of Essex Business School. The award itself is a testament to the hard work, growing research base and expertise at Essex Business School.
Congratulations to Dean Kellard and Essex Business School for this achievement, said Gregg Gordon. SSRN is excited to continue to partner with WRDS and provide greater visibility to business schools doing important research, like Essex Business School, through this innovation award and the WRDS Research Paper Series on SSRN.
SSRN is a worldwide collaborative of 460,000 authors and more than 2.2 million users that is devoted to the rapid worldwide dissemination of research. Founded in 1994, it has grown to over 50 discipline-based research networks. Each of SSRNs networks encourages the early sharing of research by reviewing and distributing submitted papers from scholars. SSRN encourages readers to communicate directly with authors concerning their own and others research. SSRN serves authors and readers in approximately 140 countries around the world.
Elsevier is a global information analytics business that helps scientists and clinicians to find new answers, reshape human knowledge and tackle the most urgent human crises. For 140 years, we have partnered with the research world to curate and verify scientific knowledge. Today, were committed to bringing that rigor to a new generation of platforms. Elsevier provides digital solutions and tools in the areas of strategic research management, R&D performance, clinical decision support and professional education; including ScienceDirect, Scopus, SciVal, ClinicalKey and Sherpath. Elsevier publishes over 2,500 digitized journals, including The Lancet and Cell, 39,000 e-book titles and many iconic reference works, including Gray’s Anatomy. Elsevier is part of RELX, a global provider of information-based analytics and decision tools for professional and business customers. www.elsevier.com
Wharton Research Data Services (WRDS) is the leading business intelligence, data analytics, and research platform for global institutions enabling comprehensive thought leadership, historical analysis, and insight into the latest innovations in academic research.
WRDS democratizes data access so that all disciplines, Accounting, Banking, Economics, ESG, Finance, Healthcare, Insurance, Marketing, and Statistics, can easily search for concepts across the data repository. Partnering with global vendors, WRDS hosts 350+TB of data the broadest collection of data on the most robust computing infrastructure to give users the power to analyze complex information at speeds of up to 400MB per second.
Flexible data delivery options include a powerful web query method that reduces research time; the WRDS Cloud for executing research and strategy development; and the WRDS client server using SAS, Python, R, Stata, Matlab, and more. Our rigorous data review and validation give users the confidence to tailor research and create a wide range of reliable data models.
WRDS unique array of Services include access to a suite of Analytics tools and Learning Pathways providing curated, guided resources for Researchers, Instructors, and Information Professionals. Through data, analytics, research and technology, approach your research using real world examples and advance your analysis to answer the most critical questions with your data.
WRDS is a leader in impactful research. Through a partnership with SSRN, WRDS is elevating the visibility of universities and researchers working across an array of fields. The WRDS Research Paper Series is a searchable repository of all papers submitted to SSRN that cite WRDS in their work. In addition, the two organizations have launched the WRDS-SSRN Innovation Award„¢ to honor rising business schools in the North America, Asia Pacific, and EMEA regions.
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DHL Express expects historical peak season in 2020
- Globalization and digitalization are driving online shopping and worldwide shipping to new heights whilst Covid-19 accelerates e-commerce boom
- DHL Express’ global network expects more than 50% increase in volumes during 2020 peak season, compared to 2019
- DHL Express is prepared: More than 10,000 additional hires, new aircraft, and significantly increased operations capacity through annual investments of approx. EUR 1 billion
SINGAPORE – Media OutReach – 28 October 2020 – DHL Express, the world’s leading express service provider, expects unprecedented online shopping and shipping volumes during the upcoming peak season of 2020. With continued globalization and the Covid-19 pandemic driving consumers to shop online like never before, especially during upcoming mega shopping days such as ‘Black Friday’ and ‘Singles Day’, DHL Express is expecting an all-time high in e-commerce trade around the globe. Having already experienced around 35% e-commerce shipment volume growth in 2020, the upcoming peak season will further accelerate this and result in more than 50% higher shipment quantities compared to last year’s peak season.
DHL Express expects more than 50% increase in volumes during the 2020 peak season and has hired more than 10,000 employees globally.
“Over the years, we have seen consumers and even businesses shift their purchases online, but the pandemic has truly pushed the trend to leapfrog a few years ahead,” said Ken Lee, CEO of DHL Express Asia Pacific. “At DHL Express, it is our mission to enable global trade and support our customers during the most important days of their business. The upcoming peak season will be challenging to the logistics industry, but we stand ready to make sure that our customers’ shipments are delivered as fast and as safely as possible. We are proud of the steadfast commitment of our employees and couriers who are out there to fulfil our mission of connecting people and improving their lives.”
DHL Express has taken numerous precautionary measures for over 100,000 employees operating in more than 220 countries and territories, such as providing face masks and disinfectants, and implementing social distancing and remote working where suitable. The company has also developed safe delivery procedures including removing the need for customers to sign for their shipments. These steps taken helped to secure business continuity for DHL, our customers and global trade.
DHL Express is prepared for significantly higher volumes and an earlier peak season start
It comes as no surprise that e-commerce numbers are rising given its growth trajectory in past years. However, the volume of shipments have grown tremendously higher than expected due to Covid-19. Numbers from the most important shopping occasions from earlier this year have already shown an increase in online e-commerce shipment volumes by at least 35%.
Facing such increasing volumes and Covid-19 spreading around the globe in parallel, the challenges for logistics providers are tremendous. In addition to the consistent observation of the situation and flexible management of precautionary measures to keep employees safe, the unprecedented peak of shipments poses an additional challenge for logistics. To be prepared, DHL Express has hired more than 10,000 new employees globally. Thanks to its annual investments in infrastructure such as hubs and gateways, aircraft, vehicles and state-of-the-art technology, the company was able to multiply the capacity of its operations significantly and therefore manage the upcoming volumes.
“In Asia Pacific, we are expecting this year’s peak season shipment volumes to be 30-40% larger than last year. While these are extraordinary numbers, our state-of-the-art facilities, dedicated aircraft fleet, and insanely customer centric employees are fully prepared to meet our customers’ requirements. DHL Express invests approximately EUR 1 billion annually to improve its infrastructure, network and people, so that we are prepared for these kinds of situations and to ensure that global trade continues even in the most challenging periods,” said Sean Wall, Executive Vice President, Network Operations & Aviation, DHL Express Asia Pacific.
To manage the demands of e-commerce shipping and also of highly important personal protective equipment and medical goods, a large number of additional cargo flights is necessary, as most commercial passenger aircraft are still on the ground. To counter this, DHL Express has increased the number of its daily flights significantly. This year alone, the company has already commissioned four new wide body aircraft of the model B777 F in its operations, and two more units are expected in the next month. These six additional aircraft enable the company to carry out more than 3,000 additional intercontinental flights per year.
DHL – The logistics company for the world
DHL is the leading global brand in the logistics industry. Our DHL divisions offer an unrivalled portfolio of logistics services ranging from national and international parcel delivery, e-commerce shipping and fulfillment solutions, international express, road, air and ocean transport to industrial supply chain management. With about 380,000 employees in more than 220 countries and territories worldwide, DHL connects people and businesses securely and reliably, enabling global sustainable trade flows. With specialized solutions for growth markets and industries including technology, life sciences and healthcare, engineering, manufacturing & energy, auto-mobility and retail, DHL is decisively positioned as “The logistics company for the world”.
DHL is part of Deutsche Post DHL Group. The Group generated revenues of more than 63 billion euros in 2019. With sustainable business practices and a commitment to society and the environment, the Group makes a positive contribution to the world. Deutsche Post DHL Group aims to achieve zero-emissions logistics by 2050.
Registration for SKF Capital Markets Day 2020 is now open
GOTHENBURG, Sweden, Oct. 28, 2020 /PRNewswire/ — SKF welcomes institutional investors, financial analysts and financial media to the Group’s first virtual Capital Markets Day on 4 November at 13:00-16:00 (CET). To participate, please register at: https://skf.6connex.com/event/4/register.
During the Capital Markets Day, the transformation of the Group into an even stronger SKF will be explained and discussed. This includes transformation of SKF’s manufacturing footprint, operational improvements, new business models and technology investments.
As previously announced, the speakers will include Alrik Danielson, President and CEO, Niclas Rosenlew, CFO and Senior Vice President, Victoria van Camp, CTO and President, Innovation and Business Development, and Kent Viitanen, President, Bearing Operations. There will also be Q&A sessions where the participants will have the opportunity to ask questions to the speakers.
Niclas Rosenlew, Senior Vice President and CFO, says: "We are looking forward to meet investors, analysts and media virtually in our new online conference system, and present how we have worked, and will continue to work, to transform SKF into an even stronger company."
Before the start of the Capital Markets Day, registered participants will receive a link to the login page. The link will be sent to the e-mail address entered in the registration.
Media: To book interviews with Alrik Danielson and Niclas Rosenlew after the event, please contact Carl Bjernstam on [email protected] or +46 722 20 18 93.
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For further information, please contact:
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