by
Keith Loria, Reporter | December 30, 2009
Physio-Control also offers resuscitation solutions that begin at the patient's side when EMS arrives and follows them through their hospital stay and home again.
"Our defibrillators continue to give you the rugged performance and advanced technology you need to give your patients the best care possible," Pollock says. "Now you can track a patient's status from emergency response, throughout your facility, to return to a healthy heart rhythm with data management solutions."
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Philips offers a broad range of defibrillators, ranging from their HeadStart automated external defibrillators (AEDs) for home use, schools and businesses to their first responders for emergency care, up to their professional defibrillators in hospitals, such as their flagship MRx, which is the only monitor/defibrillator with the capability to connect to a hospital's clinical network.
Economics of the industry
The defibrillator industry is estimated to be around a $1.5 billion market worldwide. That number has dwindled a bit over the last two years due to the current economic climate and the regulations surrounding the medical industry.
"Clearly, overall the economy has had an impact, in North America especially, which is estimated to be down in the double digits year over year," says Miller. "It's not quite so affected in other parts of the world."
"The first part of our business where we saw an economic impact was a slowdown in our AEDs for small companies and institutions that were financially hit at the end of last summer," Miller says. "Overall we estimate the market is down in the mid-teens."
While the professional defibrillators still account for the largest percentage of the industry sales, it is the AEDs that are experiencing the faster growth rate. The long-term growth of the latter is estimated to be in the mid-teens, while professional defibrillators are projected at single-digit long-term growth.
Although there was a slight increase in sales in the third quarter of 2009, Zoll has also experienced sales below their expectations. The yearly projections figure to be 15 to 20 percent less year-to-year in the hospital segment.
